# EDGAR Filing Document

**Accession Number:** 0002057124
**File Stem:** 0001999371-25-016427
**Filing Date:** 2025-10
**Character Count:** 2114093
**Document Hash:** 7b87a6c0e73976b14d47285a82d41161
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-25-016427.hdr.sgml**: 20251029

**ACCESSION NUMBER**: 0001999371-25-016427

**CONFORMED SUBMISSION TYPE**: ABS-15G

**PUBLIC DOCUMENT COUNT**: 53

**CONFORMED PERIOD OF REPORT**: 20251029

**ITEM INFORMATION**: Findings and Conclusions of the Third Party Due Diligence Provider Obtained by the Issuer

**FILED AS OF DATE**: 20251029

**DATE AS OF CHANGE**: 20251029

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: N

**ABS ASSET CLASS**: Residential mortgages - Other/Combined

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COLT Securitization Depositor, LLC
- **CENTRAL INDEX KEY:** 0002057124

**ORGANIZATION NAME:**
- **EIN:** 332723911
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-07763
- **FILM NUMBER:** 251430965

**BUSINESS ADDRESS:**
- **STREET 1:** 6688 NORTH CENTRAL EXPRESSWAY
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75206
- **BUSINESS PHONE:** 212-849-9658

**MAIL ADDRESS:**
- **STREET 1:** 6688 NORTH CENTRAL EXPRESSWAY
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75206
**DEPOSITOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COLT Securitization Depositor, LLC
- **CENTRAL INDEX KEY:** 0002057124

**ORGANIZATION NAME:**
- **EIN:** 332723911
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act

**BUSINESS ADDRESS:**
- **STREET 1:** 6688 NORTH CENTRAL EXPRESSWAY
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75206
- **BUSINESS PHONE:** 212-849-9658

**MAIL ADDRESS:**
- **STREET 1:** 6688 NORTH CENTRAL EXPRESSWAY
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75206
**SECURITIZER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COLT Securitization Depositor, LLC
- **CENTRAL INDEX KEY:** 0002057124

**ORGANIZATION NAME:**
- **EIN:** 332723911
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act

**BUSINESS ADDRESS:**
- **STREET 1:** 6688 NORTH CENTRAL EXPRESSWAY
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75206
- **BUSINESS PHONE:** 212-849-9658

**MAIL ADDRESS:**
- **STREET 1:** 6688 NORTH CENTRAL EXPRESSWAY
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75206

**UNITED STATES<br> SECURITIES AND EXCHANGE COMMISSION** **<br> Washington, D.C. 20549<br>FORM ABS-15G<br>ASSET-BACKED SECURITIZER<br> REPORT PURSUANT TO SECTION 15G OF<br> THE SECURITIES EXCHANGE ACT OF 1934**

**<u>COLT SECURITIZATION DEPOSITOR, LLC</u>**

Check the appropriate box to indicate the filing obligation which this form is intended to satisfy:

---

| | |
|:---|:---|
| ☐ | Rule 15Ga-1 under the Exchange Act (17 CFR 240.15Ga-1) for the reporting period______________ to _________________ |
|  | Date of Report (Date of earliest event reported) __________________ |
|  | Commission File Number of securitizer: __________________ |
|  | Central Index Key Number of securitizer:__________________ |

---

  <br> Name and telephone number, including area code, of the person to contact in connection with this filing

---

| | |
|:---|:---|
|  | Indicate by check mark whether the securitizer has no activity to report for the initial period pursuant to Rule 15Ga-1(c)(l) ☐ |
|  | Indicate by check mark whether the securitizer has no activity to report for the quarterly period pursuant to Rule 15Ga-1(c)(2)(i) ☐ |
|  | Indicate by check mark whether the securitizer has no activity to report for the annual period pursuant to Rule 15Ga-1(c)(2)(ii) ☐ |
| ☒ | Rule 15Ga-2 under the Exchange Act (17 CPR 240.15Ga-2) |
|  | Central Index Key Number of depositor: 0002057124 |
|  | <u>COLT 2025-11 Mortgage Loan Trust</u> |
|  | (Exact name of issuing entity as specified in its charter) |
|  | Central Index Key Number of issuing entity (if applicable):<u> </u> |
|  | Central Index Key Number of underwriter (if applicable): ________________ |

---

<u>Donna Yi (212) 849-9658 </u> <br> Name and telephone number, including area code, of the person to contact in connection with this filing

**PART I: REPRESENTATION AND WARRANTY INFORMATION**

---

| | |
|:---|:---|
| **Item 1.01** | **Initial Filing of Rule l5Ga-1 Representations and Warranties Disclosure** |

---

Not Applicable

---

| | |
|:---|:---|
| **Item 1.02** | **Periodic Filing of Rule l5Ga-1 Representations and Warranties Disclosure** |

---

Not Applicable

---

| | |
|:---|:---|
| **Item 1.03** | **Notice of Termination of Duty to File Reports under Rule l5Ga-1** |

---

Not Applicable

**PART II – FINDINGS AND CONCLUSIONS OF THIRD-PARTY DUE DILIGENCE**

**REPORTS**

**Item 2.01 Findings and Conclusions of a Third Party Due Diligence Report Obtained by the Issuer**

The disclosures required by Rule 15Ga-2 (17 CFR 240.15Ga-2) are attached as Exhibits to this Form ABS-15G. Please see the Exhibit Index for the related information.

**Item 2.02 Findings and Conclusions of a Third-Party Due Diligence Report Obtained by the Underwriter**

Not Applicable

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the reporting entity has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | |
|:---|:---|
| **COLT SECURITIZATION DEPOSITOR, LLC** | **COLT SECURITIZATION DEPOSITOR, LLC** |
| By: | /s/ Donna Yi |
| Name:  | Donna Yi |
| Title: | Vice President |

---

Date: October 29, 2025

**EXHIBIT INDEX**

99.1 [AMC Diligence, LLC ("AMC") Due Diligence Executive Summary](ex99-1.htm)

99.2 [AMC Valuation Summary](ex99-2.htm)

99.3 [AMC Exception Grades](ex99-3.htm)

99.4 [AMC Rating Agency Grades](ex99-4.htm)

99.5 [AMC Data Compare](ex99-5.htm)

99.6 [Clarifii LLC ("Clarifii") Narrative](ex99-6.htm)

99.7 [Clarifii Rating Agency Grades Detail Report](ex99-7.htm)

99.8 [Clarifii Rating Agency Grades Summary Report](ex99-8.htm)

99.9 [Clarifii Data Compare Report](ex99-9.htm)

99.10 [Clarifii Valuation Report](ex99-10.htm)

99.11 [Clayton Services LLC ("Clayton") Narrative](ex99-11.htm)

99.12 [Clayton Loan Grades Report](ex99-12.htm)

99.13 [Clayton Conditions Detail Report](ex99-13.htm)

99.14 [Clayton Valuations Summary Report](ex99-14.htm)

99.15 [Clayton Loan Level Tape Compare](ex99-15.htm)

99.16 [Consolidated Analytics, Inc. ("Consolidated") Narrative](ex99-16.htm)

99.17 [Consolidated Grading Report Summary](ex99-17.htm)

99.18 [Consolidated Valuations Summary Report](ex99-18.htm)

99.19 [Consolidated Due Diligence Standard](ex99-19.htm)

99.20 [Consolidated Data Compare Report](ex99-20.htm)

99.21 [Maxwell Diligence Solutions, LLC ("MaxDiligence") Narrative](ex99-21.htm)

99.22 [MaxDiligence Standard Exceptions Report](ex99-22.htm)

99.23 [MaxDiligence Grading Report](ex99-23.htm)

99.24 [MaxDiligence Valuation Report](ex99-24.htm)

99.25 [MaxDiligence Data Compare Report](ex99-25.htm)

99.26 [Opus Capital Markets Consultants, LLC ("Opus") Executive Narrative](ex99-26.htm)

99.27 [Opus Rating Agency Grades Summary Report](ex99-27.htm)

99.28 [Opus Valuation Report](ex99-28.htm)

99.29 [Opus Data Compare Report](ex99-29.htm)

99.30 [Opus Standard Findings Report](ex99-30.htm)

99.31 [Selene Diligence LLC ("Selene") Narrative](ex99-31.htm)

99.32 [Selene Rating Agency Grades Summary Report](ex99-32.htm)

99.33 [Selene Standard Findings Report](ex99-33.htm)

99.34 [Selene Valuation Report](ex99-34.htm)

99.35 [Selene Data Compare Report](ex99-35.htm)

## Exhibit 99.1

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.1**

![](ex991001.jpg)

**EXECUTIVE SUMMARY**

**DESCRIPTION OF SERVICES**

**(1) Type of assets that were reviewed.**

AMC Diligence, LLC ("AMC") performed certain due diligence services described below on conforming and non-conforming residential mortgages acquired from various parties. The review was conducted on behalf of Lone Star Residential Acquisitions, LLC ("Client") during multiple transactions from May 2025 to October 2025 via files imaged and provided by the Client's designee for review. The loans in the Review carried origination dates between May 2025 to October 2025. The Review included loans reviewed under the Credit and Compliance Scope (169 mortgage loans), and the Business Purpose Scope (163 loans). The mortgage loans (Credit and Compliance Scope) and the loans (Leases Limited Compliance Scope and Leases Scope) are together referred to as the Loans.

**(2) Sample size of the assets reviewed.**

The initial population consisted of three hundred thirty-two (332) mortgage loans.

The final population of the Review covered three hundred thirty-two (332) mortgage loans totaling an aggregate original principal balance of approximately $183.881 million. To AMC's knowledge, the Review covered 100% of the securitization loan population.

**(3) Determination of the sample size and computation.**

The Review was conducted consistent with the criteria for the nationally recognized statistical rating organizations, NRSRO(s), identified in Item 3 of the ABS Due Diligence-15E.

**(4) Quality or integrity of information or data about the assets: review and methodology.**

AMC compared data fields on the tape provided by the Client to the data found in the actual mortgage loan file as captured by AMC. For the purposes of this disclosure, AMC's review only included fields that were included in a related data integrity review being performed by another vendor and did not include all fields that may have been available for data comparison at the time of original acquisition. This comparison, when data was available, included the following data fields:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;# of Units | &nbsp;&nbsp;Has FTHB | &nbsp;&nbsp;Original Term |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;Interest Only Period | &nbsp;&nbsp;PITIA Reserves Months |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;Investor: Qualifying Total Debt Ratio | &nbsp;&nbsp;Prepayment Penalty Period (months) |
| &nbsp;&nbsp;Balloon Flag | &nbsp;&nbsp;Lender | &nbsp;&nbsp;Product Description |
| &nbsp;&nbsp;Borrower First Name | &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;Borrower FTHB | &nbsp;&nbsp;Margin | &nbsp;&nbsp;Purpose |
| &nbsp;&nbsp;Borrower Full Name | &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;Refi Purpose |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;Note Date | &nbsp;&nbsp;Representative FICO |
| &nbsp;&nbsp;Borrower SSN | &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;State |
| &nbsp;&nbsp;City | &nbsp;&nbsp;Original CLTV | &nbsp;&nbsp;Street |
| &nbsp;&nbsp;Decision System | &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;Total Cash-out |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;Zip |
| &nbsp;&nbsp;Escrow Account | &nbsp;&nbsp;Original LTV |  |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;Original P&I |  |

---

Additionally, AMC verified (i) listed borrowers signed documents requiring signature, (ii) borrowers signing documents were eighteen (18) years or older at the time of the mortgage loan origination, (iii) that all riders required by the terms of the mortgage and mortgage note were attached to the respective document, (iv) that social security numbers across documents were consistent, and (v) debt-to-income ratio ("DTI(s)") and/or loan-to-value ratios ("LTV(s)") were used in the assessment of conformity guidelines.

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![](ex991001.jpg)

**(5) Origination of the assets and conformity to stated underwriting or credit extension guidelines, standards, criteria or other requirements: review and methodology.**

AMC reviewed asset origination to determine conformity to the stated underwriting or credit extension guidelines, standards, criteria or other requirements, including, as applicable, the Ability to Repay and Qualified Mortgage requirements described below, that were provided to AMC. When applicable, a review of the mortgage loan file to the Automated Underwriting System output within the mortgage loan file was also performed.

**Credit Application:** For the Credit Application, AMC verified that the application: (i) was signed by all listed borrowers, (ii) was substantially filled out, (iii) contained all known borrower-owned properties on the Real Estate Owned section 2, and (iv) included the borrower's employment history.

**Credit Report:** AMC's review included confirming that a credit report, that met guideline requirements, was present for each borrower and that such borrower's credit profile adhered to the guidelines. In order to make this determination, AMC: (i) captured the monthly consumer debt payments for use in relevant calculations, (ii) noted and researched the Real Estate Owned and fraud alerts, (iii) gathered liabilities listed on the credit report to be included in the debt to income ratio as appropriate, and (iv) gathered data required for the ASF tape submission including (a) the most recent FICO (scores from Equifax, Experian, and Transunion if available), (b) the most recent FICO date, (c) the longest trade line, (d) the maximum trade line, (e) the number of trade lines, and (f) the credit usage ratio.

**Employment and Income:** AMC determined whether applicable supporting employment and income documentation required by the guidelines, and as applicable Appendix Q or ATR, was present in the mortgage loan file and where possible, wasn't fraudulent. This documentation was used to verify whether the income used to qualify the mortgage loan was calculated in accordance with the guidelines and may have included items such as: (i) verbal or written verification of employment, (ii) pay stubs, (iii) W-2 forms, (iv) tax returns, (v) financial statements, (vi) IRS tax transcripts, and (vii) Bank Statements.

**Asset Review:** AMC assessed whether the asset documentation required by the guidelines, and as applicable, Appendix Q or ATR, was present in the mortgage loan file. Utilizing this documentation, AMC completed a review of the reserve calculation and any large deposits. Documentation verifying assets for down payment, closing costs, prepaid items and reserves may have included: (i) verification-of-deposit ("VOD(s)"), (ii) depository account statements, (iii) stock or security account statements, (iv) gift funds, (v) escrow or earnest money deposits, and (vi) settlement statements or other evidence of conveyance and transfer of funds (if a sale of assets was involved).

**Hazard/Flood Insurance/Taxes:** A review of the insurance present on the mortgage loan was also performed by AMC. During the course of this review, AMC (i) verified that the hazard insurance met the minimum required amount of coverage in the guidelines, (ii) confirmed that the mortgage clause listed the lender's name and "its successors and assigns,", (iii) confirmed that the premium amount on both the hazard and flood insurance matched what was used in the DTI calculations, (iv) reviewed the tax certificate to verify and compare monthly escrows used to calculate DTI matched and that taxes were current, (v) confirmed that the flood certification was for the correct borrower, property, lender and mortgage loan number and was a "Life of Loan" certification, and (vi) completed other property specific items including (a) for condominium properties, confirming that the blanket policy met the minimum amount of coverage in the guidelines and (b) for properties in a flood zone per the flood certification, confirming that flood insurance met guideline requirements and met the minimum required amount of coverage in the guidelines.

**Occupancy Review:** AMC confirmed the property occupancy is consistent with the mortgage loan approval and borrowers' application disclosure based solely on information contained in the mortgage loan file and any fraud report obtained in connection with the mortgage loan.

**Guideline Review:** During the course of the review, AMC confirmed the mortgage loan was originated in accordance with required guidelines by reviewing conformity of mortgage loan, transaction type, and borrower characteristics to stated guidelines. Mortgage characteristics examined included (i) DTI of the borrower, (ii) the LTV/TLTV/HTLTV, (iii) the credit score for each borrower, (iv) asset reserves of the borrower, (v) property type, (vi) property usage, and (vii) other property specific items including (a) for condominium or cooperative properties, assessing whether the condominium or cooperative project adheres to required guidelines.

**Fraud Review:** AMC reviewed fraud report results in each mortgage loan file, to the extent present, in conjunction with source documents found in the mortgage loan file to assess the likelihood of any misrepresentations associated with the

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![](ex991001.jpg)

origination of the mortgage loan. If the mortgage loan file did not contain a fraud report and the counterparty did not produce one, AMC conditioned the mortgage loan for the missing fraud report product.

If a report was present, AMC reviewed the report for (i) any name variations for the borrowers, (ii) any social security number variations for the borrowers, (iii) any potential occupancy issues based on the borrower's address history, (iv) any noted employment issues, and (v) any additional consumers associated with the borrower's profile. If any findings were noted, AMC confirmed that such findings and/or variations were addressed by the originator in the origination of the asset or that such red flag issues were fully addressed via mortgage loan documentation provided.

**Title Review:** AMC's review included a review of the chain of title and the duration of ownership by the seller or borrower (whichever is applicable) and ensured that the title conformed with the guidelines. Included in this review was a verification of whether the appropriate vestee was on the title documentation (if a purchase, the seller; if a refinance, the borrower) and that the title commitment addressed issues such as assessments; covenants, conditions and restrictions; access problems; vicinity of property to military airports; prior leases; court orders/divorce decrees; public probate issues; foreclosures; bankruptcies; judgment liens; state and federal tax liens; environmental liens, and oil/gas leases.

**Additional Review of Mortgage Loan File:** AMC also reviewed the closing documents to ensure that the mortgage loan file information is complete, accurate, and contains consistent documentation. Included in the portion of the review are items such as reviewing for (i) evidence of primary mortgage insurance, (ii) if the property is located in an area that was listed as a FEMA disaster zone post origination, (iii) the presence of loan modification documents, and (iv) general conformity to Fannie Mae or Freddie Mac approved formats at the time of origination.

**<u>BUSINESS PURPOSE SCOPE</u>**

Each loan, reviewed under this scope, was reviewed for adherence to the relevant credit policy as indicated by the Client. For this review, procedures followed included:

▪ Reviewing
 the provided Note, Mortgage/DOT, and Guaranty Agreement(s) to confirm execution, adherence
 to the credit policy, and agreement with other Loan Approval documentation.

▪ Examining
 appraisal reports, BPO's, and appraisal reviews to determine if the property type
 is consistent with underwritten property type and usage (such as evidence/an indication
 of either owner or tenant occupancy) and comparing this information against other relevant
 information contained within applicable sections of the loan file to evaluate consistency,
 accuracy, and adheres to the credit policy.

▪ Reviewing
 environmental reporting, Flood Certification, and Evidence of Insurance to confirm accuracy
 and adherence to credit policy requirements.

▪ Reviewing
 credit reporting, VOR/VOM, Background Check(s), and any applicable Letter(s) of Explanation
 to confirm accuracy, adherence to credit policy requirements, and consistency with the
 Final Loan Approval worksheet.

▪ Reviewing
 HUD-1's, Title Search, Purchase Agreements, existing leases/rent rolls, and verification
 of funds with loan terms, and underwritten approved terms and amounts/LTV/LTC as well
 as adherence to credit policy requirements.

▪ Reviewing
 LOI/LOE(s) for presence of un-qualified statement of business and occupancy intent, confirmation
 that the LOI/LOE cited address is consistent with the subject property address, and that
 signatory(s) are consistent with the identified borrower(s)/guarantor(s).

▪ Reviewing
 Final Form 1003/Loan application to ensure complete execution that the subject property
 listed is consistent with the subject property, and that the listed residence for the
 Individual(s) is an address other than the subject property.

▪ Confirming,
 if applicable, business license(s) and P&L's are present, valid, and adheres
 to credit policy requirements.

▪ Confirming,
 if applicable, second mortgage documents are present, valid, align with approved terms
 amounts, and adhere to credit policy requirements.

▪ Reviewing
 final loan approval worksheets for accuracy, completion, documentation of approval for
 any exceptions, and evaluating such items for agreement/consistency with all other documentation
 contained in the review file.

▪ Reviewing
 the Certification of Business Purpose and Certification of Non-Owner Occupancy and Indemnity
 for presence of a completed fields, and verifying that the hand written Primary Residence
 address differs from the subject property address, and is signed/dated as required.

▪ Verifying
 presence of a complete Certification of Non-Owner Occupancy and Indemnity document for
 each individual borrower/co-borrower/guarantor identified within the subject note/guaranty
 agreement, including the presence of either individual certifications or one certificate
 containing all required signatures.

▪ Comparing
 the Primary Residence address(es) listed for consistency between the Final Form 1003/Loan
 application(s) and the Certification(s) of Non-Owner Occupancy and Indemnity.

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▪ Documenting
 any non-approved credit policy exceptions and/or inconsistencies and reporting and/or
 marking such items for further dialogue.

▪ Reviewing
 and calculating that the DSCR and/or Property DTI conforms with applicable guidelines.

Documents reviewed include the following items (\* = where applicable):

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;Appraisal Report | &nbsp;&nbsp;Deed of Trust / Mortgage | &nbsp;&nbsp;Non-Owner-Occupancy & Business – Purpose Letter of Intent (LOI) / Letter of Explanation (LOE) |
| &nbsp;&nbsp;Appraisal Review documentation\* | &nbsp;&nbsp;Environmental reports | &nbsp;&nbsp;Note |
| &nbsp;&nbsp;Background check | &nbsp;&nbsp;Evidence of Hazard / Liability / Flood Insurance coverage | &nbsp;&nbsp;Purchase agreement(s)\* |
| &nbsp;&nbsp;Broker Price Opinion and market rent addendum\* | &nbsp;&nbsp;Existing Leases\* | &nbsp;&nbsp;Rent Roll\* |
| &nbsp;&nbsp;Business License\* | &nbsp;&nbsp;Final Form 1003 / Loan Application(s) | &nbsp;&nbsp;Second mortgage documentation\* |
| &nbsp;&nbsp;Business P&L's\* | &nbsp;&nbsp;Final HUD-1 | &nbsp;&nbsp;Title Search Documentation |
| &nbsp;&nbsp;Certification(s) of Business purpose of loan | &nbsp;&nbsp;Flood certificates | &nbsp;&nbsp;Verification of down payment funds/ funds to close / reserve funds\* |
| &nbsp;&nbsp;Certification(s) of Non-Owner Occupancy and Indemnity\* | &nbsp;&nbsp;Guaranty Agreement(s)\* | &nbsp;&nbsp;Verification of Rent / Mortgage (VOR/VOM) payment history\* |
| &nbsp;&nbsp;Credit Report(s) | &nbsp;&nbsp;Identification / proof of residency status |  |

---

**DATA COLLECTION**

AMC will compare data fields on the bid tape provided by the client to the data found in the actual file as captured by AMC. All material discrepancies will be noted.

**(6) Value of collateral securing the assets: review and methodology.**

AMC's review included a review of the valuation materials utilized during the origination of the loan and in confirming the value of the underlying property. AMC's review included verifying the appraisal report was (i) on the appropriate GSE form, (ii) materially complete, (iii) in conformity with the guideline requirements for the property type in question, (iv) completed by an appraiser that was actively licensed to perform the valuation, (v) completed such that the named client on the appraisal report is the lender or a related entity that is permitted to engage the lender per Title XI of FIRREA, (vi) made and signed prior to the final approval of the mortgage loan application, (vii) completed and dated within the guideline requirements, (vii) made on an "as is" basis or provides satisfactory evidence of completion of all material conditions including all inspections, licenses, and certificates (including certificates of occupancy) to be made or issued with respect to all occupied portions of the mortgaged property and with respect to the use and occupancy of the same, have been made or obtained from the appropriate authorities.

With regard to the use of comparable properties, AMC's review (i) captured the relative comparable data (gross and net adjustments, sale dates and distance from subject property) and ensured that such comparable properties are within standard appraisal guidelines; (ii) confirmed the property value and square footage of the subject property was bracketed by comparable properties, (iii) verified that comparable properties used are similar in size, style, and location to the subject, and (iv) checked for the reasonableness of adjustments when reconciling value between the subject property and comparable properties.

Other aspects of AMC's review included (i) verifying that the address matched the mortgage note, (ii) verifying that the appraisal and the policies and procedures with regard to the appraisal, including the appropriate level of review, when originating the mortgage loan, were followed, (iii) noting whether the property zip code was declared a FEMA disaster area after the valuation date and notifying the Client of same (iv) confirming the appraisal report does not include any apparent environmental problems, (v) confirming the appraisal notes the current use of the property is legal or legal non-conforming (grandfathered), (vi) reviewing pictures to ensure (a) that the property is in average or better condition and any repairs are noted where required and (b) that the subject property is the one for which the valuation was ordered and that there are no negative external factors; and (vii) confirming that the value product that was used as part of the origination decision was directly accessible to AMC or if it was not directly accessible that another valuation product that

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was directly accessible to AMC was ordered in accordance with the Client's specific valuation waterfall process. If more than one valuation was provided, AMC confirmed consistency among the valuation products and if there were discrepancies that could not be resolved, AMC created an exception.

**(7) Compliance of the originator of the assets with federal, state and local laws and regulations: review and methodology.**

Please be advised that AMC did not make a determination as to whether the mortgage loans complied with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated below. There can be no assurance that the Review uncovered all relevant factors relating to the origination of the mortgage loans, their compliance with applicable law and regulations and the original appraisals relating to the mortgaged properties or uncovered all relevant factors that could affect the future performance of the mortgage loans. Furthermore, the findings reached by AMC are dependent upon its receiving complete and accurate data regarding the mortgage loans from mortgage loan originators and other third parties upon which AMC is relying in reaching such findings.

With regard to TILA-RESPA Integrated Disclosure ("TRID") testing, AMC implemented the TRID scope of review referenced within the Regulatory Compliance section (III) based on (i) the RMBS 3.0 TRID Compliance Review Scope published by the Structured Finance Association ("SFA") (formerly, the Structured Finance Industry Group, "SFIG") (the "SFA Compliance Review Scope") and (ii) outside counsel's interpretations of the published regulations as of the date of review of each mortgage loan. AMC worked with outside counsel and continues to obtain updated interpretations relative to the informal guidance provided by the Consumer Financial Protection Bureau ("CFPB") which has caused alterations in the review scope and severity of TRID related exceptions, including applicable cures. (This will continue as necessary as additional guidance becomes available, as well as any future rulemaking.) While AMC continues to make a good faith effort to identify material TRID exceptions and apply the appropriate grading, the implementation of new regulations (including TRID) that impact residential mortgages carries certain interpretive risk and continues to evolve, impacting the review scope and exception severity. AMC has worked closely with the NRSROs and the Client to disclose, as mutually agreed upon by the parties, the relevant exceptions per AMC's suggested review implementation as reviewed by outside counsel; however, no assurances can be provided and/or are given that AMC has included within its Review all areas that may represent risk to the securitization trust, or that areas of risk identified by AMC will result in the potential level of risk indicated by an Event Level or NRSRO grade.

Please be further advised that AMC does not employ personnel who are licensed to practice law in the various jurisdictions, and the findings set forth in the reports prepared by AMC do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to AMC. Information contained in any AMC report related to the applicable statute of limitations for certain claims may not be accurate or reflect the most recent controlling case law. Further, a particular court in a particular jurisdiction may extend, not enforce or otherwise allow claims beyond the statute of limitations identified in the report based on certain factors, including the facts and circumstances of an individual mortgage loan. All final decisions as to whether to purchase or enter into a transaction related to any individual mortgage loan or the mortgage loans in the aggregate, any investment strategy and any legal conclusions, including the potential liability related to the purchase or other transaction involving any such mortgage loan or mortgage loans, shall be made solely by the Client, or other agreed upon party, that has engaged AMC to prepare its reports pursuant to its instructions and guidelines. The Client, or other agreed upon party, acknowledges and agrees that the scoring models applied by AMC are designed to identify potential risk and the Client, or other agreed upon party, assumes sole responsibility for determining the suitability of the information for its particular use. AMC does not make any representation or warranty as to the value of any mortgage loan or mortgage loans collateral that has been reviewed by AMC.

AMC reviewed each residential mortgage loan to determine, as applicable, to the extent possible and subject to the caveats below, whether the mortgage loan complies with:

**(I) Federal Truth in Lending Act ("TILA"), as implemented by Regulation Z, 12 C.F.R. Part 1026, as set forth below:**

&nbsp;&nbsp;&nbsp;&nbsp;a) <u>Rescission (§1026.23, §1026.15):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) failure
 to provide the right of rescission notice;

ii) failure to provide the right of rescission notice in a timely manner and to the correct consumer(s);

iii) errors in the right of rescission notice;

iv) failure to provide the correct form of right of rescission notice;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v) failure
 to provide the three (3) business day rescission period;

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vi) any material disclosure violation on a rescindable mortgage loan that gives rise to the right of rescission under TILA, which means the required disclosures of the annual percentage rate, the finance charge, the amount financed, the total of payments, the payment schedule, the HOEPA disclosures, or those related to prepayment penalties on covered transactions; and

vii) with respect to applicable exception remediation measures, confirm that a letter of explanation, a refund if applicable, new corrected material disclosures and a new notice of right to cancel was provided.

&nbsp;&nbsp;&nbsp;&nbsp;b) <u>TIL Disclosure (§§1026.17, 18 and 19) *as applicable for loans with application dates prior to October 3, 2015*:</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) review
 and comparison of the initial and final TIL disclosures, and any re-disclosed TIL(s);

ii) proper execution by all required parties;

iii) principal and interest calculations, and proper completion of the interest rate and payment summary; and

iv) timing of initial and re-disclosed TIL(s).

&nbsp;&nbsp;&nbsp;&nbsp;c) <u>Home Equity Plans Disclosures (§§1026.6, 40) *as applicable*</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) failure
 to provide the applicable home equity initial and account opening disclosures

ii) failure to provide the applicable home equity initial and account opening disclosures in a timely manner

&nbsp;&nbsp;&nbsp;&nbsp;d) <u>Tolerances (§§1026.18, 22 23, and 38):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) inaccurate
 Annual Percentage Rate (APR) outside of applicable tolerance by comparing disclosed APR
 to re-calculated APR; and

ii) inaccurate Finance Charge outside of applicable tolerance by comparing disclosed Finance Charge to re-calculated Finance Charge.

iii) inaccurate Total of Payments outside of applicable tolerance by comparing disclosed Total of Payments to re-calculated Total of Payments.

&nbsp;&nbsp;&nbsp;&nbsp;e) <u>High-cost Mortgage (§§1026.31, 32 and 34):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) points
 and fees threshold test;

ii) APR threshold test;

iii) prepayment penalty threshold test; and

iv) compliance with the disclosure requirements, limitation on terms and prohibited acts or practices in connection with a high-cost mortgage.

&nbsp;&nbsp;&nbsp;&nbsp;f) <u>Higher-priced Mortgage Loan (§1026.35):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) APR
 threshold test; and

ii) compliance with the escrow account and appraisal requirements as applicable.

&nbsp;&nbsp;&nbsp;&nbsp;g) <u>With respect to brokered mortgage loans, the Prohibitions and Restrictions related to Loan Originator Compensation and Steering (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) review
 relevant documentation to determine if compensation to a Loan Originator was based on
 a term of the transaction;

ii) review relevant document to determine if there was dual compensation; and

iii) review the presence of the mortgage loan option disclosure and to determine if the Steering Safe Harbor provisions were satisfied.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Note:
 Where available, AMC reviewed the relevant documents in the mortgage loan file and, as
 necessary, attempted to obtain the mortgage loan originator compensation agreement and/or
 governing policies and procedures of the mortgage loan originator. In the absence of
 the mortgage loan originator compensation agreement and/or governing policies and procedures,
 AMC's review was limited to formal general statements of entity compliance provided
 by the mortgage loan originator, if any. These statements, for example, were in the form
 of a letter signed by the seller correspondent/mortgage loan originator or representations
 in the mortgage loan purchase agreement between the Client and seller correspondent;

&nbsp;&nbsp;&nbsp;&nbsp;h) <u>Homeownership counseling (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) determine
 if the creditor obtained proof of homeownership counseling in connection with a mortgage
 loan to a first time homebuyer that contains a negative amortization feature.

&nbsp;&nbsp;&nbsp;&nbsp;i) <u>Mandatory Arbitration Clauses (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) determine
 if the terms of the mortgage loan require arbitration or any other non-judicial procedure
 to resolve any controversy or settle any claims arising out of the transaction.

&nbsp;&nbsp;&nbsp;&nbsp;j) <u>Prohibition on Financing Credit Insurance (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) determine
 if the creditor financed, directly or indirectly, any premiums or fees for credit insurance.

&nbsp;&nbsp;&nbsp;&nbsp;k) <u>Nationwide Mortgage Licensing System (NMLS) & Registry ID on Loan Documents (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) review
 for presence of mortgage loan originator organization and individual mortgage loan originator
 name and NMLSR ID, as applicable, on the credit application, note or mortgage loan contract,
 security instrument, Loan Estimate and Closing Disclosure; and

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ii) verify the data against the NMLSR database, as available.

**(II) Federal Real Estate Settlement Procedures Act ("RESPA"), as implemented by Regulation X, 12 C.F.R. Part 1024, as set forth below:** 

&nbsp;&nbsp;&nbsp;&nbsp;a) <u>Good Faith Estimate (GFE) (§1024.7) *as applicable for loans with application dates prior to October 3, 2015*:</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) confirm
 the presence of the current GFE form in effect at the time of origination;

ii) verify GFE was provided to the borrower(s) within three (3) business days of application;

iii) verify all sections of the GFE were accurately completed and that information was reflected in the appropriate locations;

iv) determine whether a valid and properly documented changed circumstance accompanies any changes to mortgage loan terms and/or fees on any revised GFEs over the applicable tolerance(s); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v) confirm
 the presence of a settlement service provider list, as applicable.

&nbsp;&nbsp;&nbsp;&nbsp;b) <u>Final HUD-1/A Settlement Statement (HUD) (§1024.8) *as applicable for loans with application dates prior to October 3, 2015*:</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) confirm
 current applicable HUD form was provided;

ii) determination that the mortgage loan file contains the final HUD;

iii) escrow deposit on the final HUD matches the initial escrow statement amount; and

iv) verify all sections of the final HUD were accurately completed and that information was reflected in the appropriate locations.

&nbsp;&nbsp;&nbsp;&nbsp;c) <u>GFE and Final HUD Comparison (§1024.7) *as applicable for loans with application dates prior to October 3, 2015*:</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) review
 changes disclosed on the last GFE provided to the borrower(s) to determine that such
 changes were within the allowed tolerances;

ii) confirm mortgage loan terms and fees disclosed on the third page of the final HUD accurately reflect how such items were disclosed on the referenced GFE, page 2 of the final HUD and mortgage loan documents; and

iii) review any documented cure of a tolerance violation to determine that the proper reimbursement was made and a revised HUD was provided at or within 30 days of settlement.

&nbsp;&nbsp;&nbsp;&nbsp;d) <u>Additional RESPA/Regulation X Disclosures and Requirements (§1024.6, 15, 17, 20, and 33):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) confirm
 the presence of the Servicing Disclosure Statement form in the mortgage loan file;

ii) verify the Servicing Disclosure Statement was provided to the borrower(s) within three (3) business days of application;

iii) confirm the presence of the Special Information Booklet in the mortgage loan file or that the mortgage loan file contains documentary evidence that the disclosure was provided to the borrower;

iv) confirm the Special Information Booklet was provided within three (3) business days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v) confirm
 the presence of the Affiliated Business Arrangement Disclosure in the mortgage loan file
 in the event the lender has affiliated business arrangements;

vi) confirm the Affiliated Business Arrangement Disclosure was provided no later than three (3) business days of application;

vii) confirm the Affiliated Business Arrangement Disclosure is executed; and

viii) confirm the presence of the Initial Escrow Disclosure Statement in the mortgage loan file and proper timing;

ix) confirm that the creditor provided the borrower a list of homeownership counselling organizations within three (3) business days of application; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x) confirm
 that the list of homeownership counselling organizations was obtained no earlier than
 30 days prior to when the list was provided to the mortgage loan applicant.

**(III) Sections 1098 and 1100A of Dodd-Frank amending TILA and RESPA, as implemented by Regulation Z, 12 C.F.R. Part 1026, as set forth below (applicable only for mortgage loans with application dates on or after October 3, 2015):**

&nbsp;&nbsp;&nbsp;&nbsp;a) <u>Loan Estimate (LE) (§§1026.19 and 37):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) confirm
 the presence of LE for applications on or after October 3, 2015;

ii) confirm the initial LE date indicates it was delivered or placed in the mail within three (3) business days of application;

iii) confirm that certain sections of each LE determined to carry assignee liability under the SFA Compliance Review Scope were accurately completed and that information was reflected in the appropriate locations, which, in certain instances, was based solely on the information disclosed on the LE;

iv) confirm the initial LE was delivered or placed in the mail not later than seven (7) business days prior to consummation of the transaction, or such period was waived due to a bona fide financial emergency;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v) confirm
 that each revised LE is accompanied by valid written documentation explaining the reason
 for re-disclosure to allow for fee increases based on a valid change of circumstance
 and was timely provided within 3 business days of issuance;

vi) capture whether a settlement service provider list ("SSPL") was provided (in instances when a consumer is given an opportunity to shop for services). Failure to provide SSPL is not cited separately under SFA compliance review scope, however, absence of SSPL from loan file is treated as not provided and impacts fee tolerance categories as prescribed by regulation.

vii) confirm borrower received LE not later than four (4) business days prior to consummation; and

viii) confirm LE was not provided to the borrower on or after the date of the CD.

&nbsp;&nbsp;&nbsp;&nbsp;b) <u>Closing Disclosure (CD) (§§1026.19 and 38):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) confirm
 the presence of CD for applications on or after October 3, 2015;

ii) confirm the borrower received CD at least three (3) business days prior to consummation, or that such period was waived due to a bona fide financial emergency;

iii) confirm that certain sections of each CD determined to carry assignee liability under the SFA Compliance Review Scope were accurately completed and that information was reflected in the appropriate locations, which, in certain instances, was based solely on the information disclosed on the CD;

iv) confirm that a revised CD was received in a timely manner if the initial or any revised CD became inaccurate;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v) identify
 tolerance violations based on the charges disclosed on the initial and interim LE's,
 initial CD, and reflected on the final CD;

vi) with respect to tolerance violations based on the disclosed charges on the LE and CD, confirm that the creditor cured the violations no later than 60 days after consummation, or within 60 days of discovery; and

vii) with respect to applicable exception remediation measures for numerical exceptions, confirm that a letter of explanation, as well as a refund as applicable, was delivered or placed in the mail no later than 60 days after discovery of the exception establishing the need for a revised CD or with respect to exception remediation measures for non-numerical exceptions, that a corrected CD was delivered or placed in the mail no later than 60 days after consummation. (In an attempt to establish a best practices approach to pre-securitization due diligence, as it applies to TILA RESPA Integrated Disclosure testing, the Structured Finance Association ("SFA") has a working group that consists of industry participants including third party review providers and law firms who agreed to a standardized approach to remediation considerations. This approach is intended to be based on a reasoned legal analysis that expressly assumes that courts will interpret TRID in accordance with the principals of liability set forth in the letter to the MBA from Richard Cordray, the Director of the CFPB. No assurances can be provided that the courts in question will interpret TRID in accordance with the SFA Compliance Review Scope.)

&nbsp;&nbsp;&nbsp;&nbsp;c) <u>Your Home Loan Toolkit (§1026.19):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) confirm
 the presence of Your Home Loan Toolkit in the mortgage loan file or that the mortgage
 loan file contains documentary evidence that the disclosure was provided to the borrower;
 and

ii) confirm Your Home Loan Toolkit was delivered or placed in the mail not later than three (3) business days after receipt of application.

**(IV) Sections 1411 and 1412 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank") amending TILA, as implemented by Regulation Z, 12 C.F.R. 1026.43, as set forth below:** 

&nbsp;&nbsp;&nbsp;&nbsp;a) The
 general Ability to Repay (ATR) underwriting standards (12 C.F.R. 1026.43(c));

&nbsp;&nbsp;&nbsp;&nbsp;b) Refinancing
 of non-standard mortgages (12 C.F.R. 1026.43(d));

&nbsp;&nbsp;&nbsp;&nbsp;c) Qualified
 Mortgages (QM) (12 C.F.R. 1026.43(e) (including qualified mortgages as separately defined
 by the Department of Housing and Urban Development (24 C.F.R. 201 and 203 et seq.), and
 the Department of Veterans Affairs (38 C.F.R. Part 36 et seq.); and

&nbsp;&nbsp;&nbsp;&nbsp;d) Balloon-payment
 qualified mortgages made by certain creditors (12 C.F.R. 1026.43(f)).

AMC reviews applicable mortgage loans for compliance with the ATR and QM rule requirements based upon each mortgage loan's originator designation (Safe Harbor QM, Higher-priced QM, Temporary SHQM, Temporary HPQM, Non-QM, Exempt from ATR). AMC determines the mortgage loan's status under the ATR or QM rule requirements and assigns a due diligence mortgage loan designation. Generally, AMC notes as a material exception if the due diligence findings do not confirm the originator's mortgage loan designation. Additionally, AMC notes if an originator mortgage loan designation was not provided.

*<u>Qualified Mortgage</u>*

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With respect to QM (Safe Harbor and Higher-priced) designated mortgage loans, AMC reviews the mortgage loan to determine whether, based on available information in the mortgage loan file: (i) the mortgage loan contains risky mortgage loan features and terms (e.g. an interest only feature or negative amortization), (ii) the "points and fees" exceed the applicable QM threshold, (iii) the monthly payment was calculated appropriately, (iv) the creditor considered and verified income or assets at or before consummation, (v) the creditor appropriately considered debt obligations, alimony and child support, and (vi) depending on the application date, defined in accordance with 1026.2(a)(3)(ii) and the loan designation provided on the subject loan, either:

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| | |
|:---|:---|
| 1.) | for loans with an application date, defined in accordance with § 1026.2(a)(3)(ii), prior to 3/1/2021, at the time of consummation, if the debt-to-income ratio exceeds 43% (calculated in accordance with Appendix Q to Regulation Z). This portion of the Review includes a recalculation of all income and liabilities with attention to the appropriate documentation of each source, |

---

---

| | |
|:---|:---|
| 2.) | for loans with an application date, defined in accordance with § 1026.2(a)(3)(ii), on or after 3/1/2021, but before 10/1/2022, submitted with a loan designation of Safe Harbor QM, Higher Priced QM, Safe Harbor QM (43-Q), or Higher Priced QM (43-Q), whether at the time of consummation, the debt-to-income ratio exceeds 43% (calculated in accordance with Appendix Q to Regulation Z). This portion of the Review includes a recalculation of all income and liabilities with attention to the appropriate documentation of each source, or |

---

---

| | |
|:---|:---|
| 3.) | for loans with an application date, defined in accordance with § 1026.2(a)(3)(ii), taken on or after 3/1/2021, submitted with a loan designation of Safe Harbor QM (APOR), or Higher Priced QM (APOR), "Revised QM", whether the APR exceeds the average prime offer rate by 2.25 or more percentage points, (additional thresholds applicable for lower loan balances, subordinate lien covered transactions and certain manufactured homes loan amounts), and whether the loan does not meet the credit guidelines without a documented exception and compensating factors. |

---

For the mortgage loans determined to be Safe Harbor QM (APOR), the AMC report will indicate (i) "Yes" with respect to any mortgage loan for which the lender provided a Verification Safe Harbor, ("VSH") indicator of "Yes" on such mortgage loans, (ii) "No" with respect to any mortgage loan for which the lender provided a VSH indicator of "No" and (iii) "Not Stated" with respect to any mortgage loan for which the lender did not provide a VSH indicator.

\* Note, for mortgage loans in which the lender provided the VSH indicator, AMC captured the VSH indicator in the AMC report but did not verify the VSH indicator as provided by the related lender.

In addition to the above, for loans (i) that are designated as "Yes" with respect to a VSH indicator, (ii) for which such "Yes" VSH indicator was provided within the loan images, on the data tape or in the deal notes, and (iii) for which the related mortgage loan guidelines utilized one of the specified GSE June 2020 guidelines to meet VSH, AMC performed an additional variance evaluation on such QM (APOR) mortgage loans. AMC's variance evaluation consists of a review of such mortgage loan to identify documentation variances that would cause one to question the VSH attestation provided by the lender. If variances were identified, the mortgage loan would not be identified by AMC to meet the VSH documentation requirements under either the Fannie Mae guidelines or under the Freddie Mac guidelines, and the AMC report will indicate "No" with respect to such mortgage loans. The results of the variance evaluation are reflected in the reports.

This portion of the Review includes a recalculation of all income and liabilities with attention to the appropriate documentation of each source.

If a mortgage loan was designated as QM and identified as eligible for guarantee, purchase, or insurance by an applicable agency as permitted under the QM final rule, AMC reviews the mortgage loan to determine whether, based on available information in the mortgage loan file, if the mortgage loan satisfied (i), (ii) and (iii) in the preceding paragraph. In addition, AMC reviews the Automated Underwriting System output within the file to confirm agency eligibility.

For each QM designated mortgage loan that satisfied the applicable requirements enumerated above, AMC then determines whether the mortgage loan is a Safe Harbor QM or Higher Priced QM by comparing the mortgage loan's actual annual percentage rate, as recalculated, to the applicable average prime offer rate plus a certain applicable percentage. The Review also includes determining, as applicable, whether a mortgage loan is a qualified mortgage as defined by the Department of Housing and Urban Development (24 C.F.R. 201 and 203 et seq.), and the Department of Veterans Affairs (38 C.F.R. Part 36 et seq.).

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For each QM designated mortgage loan that does not satisfy the applicable requirements enumerated above, AMC then determines whether the mortgage loan complies with the ATR rule consideration and verification requirements and provides a due diligence designation of Non-QM compliant or non-compliant.

*<u>General Ability to Repay</u>*

AMC reviews the mortgage loan to determine whether, based on available information in the mortgage loan file, the creditor considered, as applicable, the following eight underwriting factors, and verified such information using reasonably reliable third-party records, at or before consummation: (i) the consumer's current or reasonably expected income or assets, (ii) if the creditor relied on income from the consumer's employment in determining repayment ability (the consumer's current employment status); (iii) the consumer's monthly payment; (iv) the consumer's monthly payment on any simultaneous loan that the creditor knows or has reason to know will be made; (v) the consumer's monthly payment for mortgage-related obligations; (vi) the consumer's current debt obligations, alimony, and child support; (vii) the consumer's monthly debt-to-income ratio or residual income; and (viii) the consumer's credit history. This portion of the Review also focuses on full recalculation of income and debts, as well as the documentation provided to support each item used in originator's determination of the ability to repay.

AMC reviews mortgage loans to determine their conformity with the ATR/QM factors above, and is not rendering an independent assessment or opinion, warranting or representing that a mortgage loan will be deemed to conform to Safe Harbor, Rebuttable Presumption, ATR or other status based on any additional or revised factors that may be considered by legislative, regulatory, administrative or judicial authorities ("Authorities"). AMC does not represent or warrant that the factors for which it is reviewing the mortgage loans constitute all of the factors and/or criteria that Authorities may consider in determining the status of a mortgage loan. AMC's review is based on information contained in the mortgage loan file at the time it is provided to AMC to review, and only reflects information as of that point in time.

**(V) The Equal Credit Opportunity Act, as implemented by Regulation B, 12 C.F.R. Part 1002, as set forth below:**

&nbsp;&nbsp;&nbsp;&nbsp;a) <u>Providing Appraisals and Other Valuations (12 C.F.R. 1002.14):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) timing
 and content of the right to receive copy of appraisal disclosure;

ii) charging of a fee for a copy of the appraisal or other written valuation;

iii) timing of creditor providing a copy of each appraisal or other written valuation; and

iv) with respect to a borrower that has waived the three (3) business day disclosure requirement, confirm that (a) the borrower has signed the waiver or other acknowledgment at least three (3) business days prior to consummation; and (b) that the lender has provided copies of appraisals and other written valuations at or prior to consummation.

**(VI) Fannie Mae points and fees limitations and HOEPA restrictions as addressed in Fannie Mae Announcement 04-06, as amended by Lender Letters LL-2013-05 and LL-2013-06 and Selling Guide Announcement SEL-2013-06;** 

**(VII) The disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas Constitution and associated regulations;**

**(VIII) The disclosure requirements and prohibitions of state, county and municipal laws and ordinances with respect to "high-cost" mortgage loans, "covered" mortgage loans, "higher-priced" mortgage loans, "home" mortgage loans or any other similarly designated mortgage loan as defined under such authorities, or subject to any other laws that were enacted to combat predatory lending, as may have been amended from time to time;**

**(IX) Federal and state specific late charge and prepayment penalty provisions.**

**(X) Recording Review**

AMC noted the presence of recorded documents, when available. However, the majority of mortgage loans in the review population were new production and have only been closed for days or weeks at the time AMC reviewed the mortgage loans and thus have not yet been recorded. AMC verified that documents in the mortgage loan file (most typically closing instructions) included lender instructions for recording, and as applicable, the date the documents were sent for recording, and/or the date that the documents will be recorded.

As part of the portion of the Review described in this section, AMC will analyze and capture data from the source documents identified in the Document Review below, as applicable.

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**(XI) FIRREA Review**

AMC confirmed that the appraiser and the appraisal made by such appraiser both satisfied the requirements of Title XI of FIRREA. Specifically, AMC reviewed the appraisal for conformity to industry standards, including ensuring the appraisal was complete, that the comparable properties and adjustments were reasonable and that pictures were provided and were accurate.

In addition, AMC accessed the ASC database to verify that the appraiser, and if applicable the appraiser's supervisor, were licensed and in good standing at the time the appraisal was completed.

**(XII) Document Review**

AMC reviewed each mortgage loan file and verified if the following documents, if applicable, were included in the file and if the data on these documents was consistent (where applicable):

&nbsp;&nbsp;&nbsp;&nbsp;▪ Initial
 application (1003);

&nbsp;&nbsp;&nbsp;&nbsp;▪ Underwriting
 summary / loan approval (1008);

&nbsp;&nbsp;&nbsp;&nbsp;▪ Credit
 report;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Income
 and employment documentation;

&nbsp;&nbsp;&nbsp;&nbsp;▪ 4506T;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Asset
 documentation;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Sales
 contract;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Hazard
 and/or flood insurance policies;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Copy
 of note for any junior liens;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Appraisal;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Title/Preliminary
 Title;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Final
 1003;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Changed
 circumstance documentation;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Right
 of Rescission Disclosure;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Mortgage/Deed
 of Trust;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Note;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Mortgage
 Insurance;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Tangible
 Net Benefit Disclosure;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Subordination
 Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;▪ FACTA
 disclosures;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Notice
 of Special Flood Hazards;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Initial
 and final GFE's;

&nbsp;&nbsp;&nbsp;&nbsp;▪ HUD
 from sale of previous residence;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Final
 HUD-1;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Initial
 TIL;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Final
 TIL;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Loan
 Estimates;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Closing
 Disclosures; and

&nbsp;&nbsp;&nbsp;&nbsp;▪ Certain
 other disclosures related to the enumerated tests set forth herein.

**<u>BUSINESS PURPOSE & LIMITED COMPLIANCE REVIEW</u>**

Includes Business Purpose Scope with additional limited compliance review below.

**State Compliance Review applicable to non-owner occupied loans:** 

SitusAMC will review each mortgage loan file to determine coverage, and if covered, verify compliance with the following:

&nbsp;&nbsp;&nbsp;&nbsp;a) High
 Cost testing in Chicago Illinois and Cook County Illinois;

&nbsp;&nbsp;&nbsp;&nbsp;b) Higher
 Priced testing in Minnesota;

&nbsp;&nbsp;&nbsp;&nbsp;c) Other
 applicable state testing in Maryland, Minnesota, New Jersey, West Virginia, Wyoming,
 and Vermont, Virginia and

&nbsp;&nbsp;&nbsp;&nbsp;d) State
 specific prepayment penalty and late charge testing applicable to non-owner occupied
 loans.

**(8) Other: review and methodology.**

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The final review results reflected in the Overall Review Results Summary herein may include additional exceptions identified after AMC's initial review was completed where loan level issues were identified by external parties as a result of separate, distinct quality control evaluation of the loan files. In such cases, any additional exceptions cited by any such quality control evaluation would either be reflected (i) as an open exception or (ii) remediated if required documentation and/or curative actions were provided to AMC. The exception totals reflected herein, and corresponding Exception Rating, include exceptions that were so subsequently identified, if any. Please note that only a limited number of loans, if any, reflected in the Review Results Summary were subject to such external quality control evaluations.

**(9) Disclaimer.**

Except as expressly enumerated above, please be advised that SitusAMC has not performed any review to determine whether the mortgage loans covered in this Report complied with federal, state or local laws, constitutional provisions, regulations, ordinances or any other laws or guidance, including, without limitation, licensing and general usury laws ("Applicable Law"). Further, there can be no assurances that in performing the review and preparing this Report that SitusAMC has uncovered all relevant factors and potential issues relating to the origination of the mortgage loans, their compliance with Applicable Law, or the original appraisals relating to the mortgaged properties, or that SitusAMC has uncovered all relevant factors that could affect the future performance of the mortgage loans. Please note that the results set forth in this Report are dependent upon receipt of complete and accurate data regarding the mortgage loans from mortgage loan originators, sponsors, issuers, underwriters, and other third parties upon which SitusAMC is relying in reaching such results. Except as expressly stated herein, SitusAMC did not verify the data relied upon in performing its review and producing this Report. In addition, the findings and conclusions set forth in this Report are provided on an "as is" basis and are based on available information and Applicable Law as of the date of this Report, and SitusAMC does not undertake any obligation to update or provide any revisions to this Report to reflect events, circumstances, changes in Applicable Law, or changes in expectations after the date this Report was issued. SitusAMC also hereby disclaims any representation or warranty as to accuracy or completeness of the Report, the inclusion or omission of any facts or information, or as to its suitability, sufficiency or appropriateness for the purposes of the transaction parties or investors or the use of the Report in preparation of any other document in connection with the subject transaction.).

Please be further advised that SitusAMC does not employ personnel who are licensed to practice law in the various jurisdictions covered in this Report, and the results set forth in this Report do not constitute legal advice or legal opinions whatsoever. The findings are recommendations or conclusions based on information provided to SitusAMC, and are not statements of fact or legal conclusions. Information contained in the Report related to the applicable statute of limitations for certain claims may not be accurate or reflect the most recent controlling case law. Further, a particular court in a particular jurisdiction may extend, not enforce or otherwise allow claims beyond the statute of limitations identified in the Report based on certain factors, including the facts and circumstances of an individual mortgage loan. The authorities administering the Applicable Law that was part of the review have broad discretionary powers which may permit such authorities, among other things, to withdraw exemptions accorded by statute or regulation, to impose additional requirements or to reach a conclusion that is not consistent with the results set forth in the Report. All decisions as to whether to issue, purchase, hold, sell or otherwise transact in securities backed by the mortgage loans reviewed in this Report, any investment strategy and any legal conclusions, including the potential liability related to the purchase or other transaction involving any such securities, shall be made solely by the parties to or investors in the transaction. The results set forth in this Report do not constitute tax or investment advice. The scoring models in this Report are designed to identify potential risk in the securities backed by the mortgage loans reviewed, and each party or investor assumes sole responsibility for determining the suitability of the information for its particular use. SitusAMC does not make any representation or warranty (express or implied) as to the value of any mortgage loan or mortgage loan's collateral that has been reviewed by SitusAMC.

**SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW** 

The NRSRO criteria referenced for this report and utilized for grading descriptions is based upon the requirements of the NRSROs listed in the Form ABS Due Diligence 15E.

**OVERALL RESULTS SUMMARY** 

After giving consideration to the grading implications of the Credit, Compliance and Property/Valuation sections, 100.00% of the mortgage loans by number in the pool have a Fitch NRSRO grade of "A", or "B".

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;A | &nbsp;&nbsp;156 | &nbsp;&nbsp;46.99% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;176 | &nbsp;&nbsp;53.01% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**332** | &nbsp;&nbsp;**100.00%** |

---

**COMPLIANCE RESULTS SUMMARY**

Please note that one hundred fifty-five (155) Business Purpose with no limited compliance review were not subjected to a compliance review and did not receive a compliance grade. Of the remaining one hundred seventy-seven (177) mortgage loans, 100.00% by number received an "A" or "B" compliance grade.

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of All Loans** | &nbsp;&nbsp;**% of Mortgage Review Population** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;135 | &nbsp;&nbsp;40.66% | &nbsp;&nbsp;76.27% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;42 | &nbsp;&nbsp;12.65% | &nbsp;&nbsp;23.73% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Compliance Not Run | &nbsp;&nbsp;155 | &nbsp;&nbsp;46.69% | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**332** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**100.00%** |

---

**CREDIT RESULTS SUMMARY**

All three hundred thirty-two (332) mortgage loans reviewed by AMC have a Credit grade of "B" or higher and 53.61% of the mortgage loans by number received a Credit grade of "A".

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;178 | &nbsp;&nbsp;53.61% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;154 | &nbsp;&nbsp;46.39% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;**332** | &nbsp;&nbsp;**100.00%** |

---

**PROPERTY/VALUATION RESULTS SUMMARY** 

All three hundred thirty-two (332) mortgage loans, 100%, reviewed by AMC have a Property Grade of "A".

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;332 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**332** | &nbsp;&nbsp;**100.00%** |

---

**EXCEPTION CATEGORY SUMMARY**

The table below summarizes the individual exceptions which carried an associated "B", "C", or "D" level exception grade. One loan may have carried more than one exception. In such cases, the exception with the lowest grade would drive the loan grade for that particular area of the review. The overall loan grade is the lowest grade for any one particular review scope (ex. a loan with a Compliance Grade of "B", a Credit Grade of "A", and a Property Grade of "A" would receive an overall Loan Grade of "B").

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Exception Type** | &nbsp;&nbsp;**Final Exception Rating** | &nbsp;&nbsp;**Exception Category** | &nbsp;&nbsp;**Total** |

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;ECOA | &nbsp;&nbsp;28 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;TRID Defect | &nbsp;&nbsp;13 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;ATR/QM Defect | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Misc. State Level | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;State HPML | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;State Defect | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;RESPA | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Missing Disclosure | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;GSE | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Federal HPML | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Federal Defect | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Compliance | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Compliance Grade (B) Exceptions:*** | &nbsp;&nbsp;***60*** |
| &nbsp;&nbsp;**Total Compliance Exceptions:** | &nbsp;&nbsp;**Total Compliance Exceptions:** | &nbsp;&nbsp;**Total Compliance Exceptions:** | &nbsp;&nbsp;**60** |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Guideline | &nbsp;&nbsp;159 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Borrower and Mortgage Eligibility | &nbsp;&nbsp;57 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Credit | &nbsp;&nbsp;5 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Title | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Asset | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Documents | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Loan Eligibility | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Business Purpose | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Loan Package Documentation | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Income / Employment | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Insurance | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Appraisal Reconciliation | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Credit Grade (B) Exceptions:*** | &nbsp;&nbsp;***236*** |
| &nbsp;&nbsp;**Total Credit Exceptions:** | &nbsp;&nbsp;**Total Credit Exceptions:** | &nbsp;&nbsp;**Total Credit Exceptions:** | &nbsp;&nbsp;**236** |
| &nbsp;&nbsp;**Total Property Exceptions:** | &nbsp;&nbsp;**Total Property Exceptions:** | &nbsp;&nbsp;**Total Property Exceptions:** | &nbsp;&nbsp;**0** |
| &nbsp;&nbsp;**Grand Total:** | &nbsp;&nbsp;**Grand Total:** | &nbsp;&nbsp;**Grand Total:** | &nbsp;&nbsp;**296** |

---

**TAPE INTEGRITY REVIEW RESULTS SUMMARY**

Of the 332 mortgage loans reviewed, 320 unique mortgage loans had 1,754 different tape discrepancies across 28 data fields (some mortgage loans had more than one data delta). The largest variances were found on PITIA Reserves Months, Escrow Account and Product Description.

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Loans With Discrepancy** | &nbsp;&nbsp;**Total Times Compared** | &nbsp;&nbsp;**% Variance** | &nbsp;&nbsp;**# Of Loans** |
| &nbsp;&nbsp;# of Units | &nbsp;&nbsp;0 | &nbsp;&nbsp;18 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;18 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;18 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Balloon Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;312 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Borrower First Name | &nbsp;&nbsp;109 | &nbsp;&nbsp;330 | &nbsp;&nbsp;33.03% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Borrower FTHB | &nbsp;&nbsp;4 | &nbsp;&nbsp;18 | &nbsp;&nbsp;22.22% | &nbsp;&nbsp;332 |

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![](ex991001.jpg)

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;Borrower Full Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;106 | &nbsp;&nbsp;330 | &nbsp;&nbsp;32.12% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Borrower SSN | &nbsp;&nbsp;107 | &nbsp;&nbsp;312 | &nbsp;&nbsp;34.29% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;City | &nbsp;&nbsp;15 | &nbsp;&nbsp;332 | &nbsp;&nbsp;4.52% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Decision System | &nbsp;&nbsp;1 | &nbsp;&nbsp;10 | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;20 | &nbsp;&nbsp;159 | &nbsp;&nbsp;12.58% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Escrow Account | &nbsp;&nbsp;289 | &nbsp;&nbsp;312 | &nbsp;&nbsp;92.63% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Has FTHB | &nbsp;&nbsp;16 | &nbsp;&nbsp;160 | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Interest Only Period | &nbsp;&nbsp;0 | &nbsp;&nbsp;25 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Investor: Qualifying Total Debt Ratio | &nbsp;&nbsp;63 | &nbsp;&nbsp;172 | &nbsp;&nbsp;36.63% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Lender | &nbsp;&nbsp;19 | &nbsp;&nbsp;312 | &nbsp;&nbsp;6.09% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;18 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Margin | &nbsp;&nbsp;5 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;20 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;330 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Original CLTV | &nbsp;&nbsp;28 | &nbsp;&nbsp;330 | &nbsp;&nbsp;8.48% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;24 | &nbsp;&nbsp;330 | &nbsp;&nbsp;7.27% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;27 | &nbsp;&nbsp;330 | &nbsp;&nbsp;8.18% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;2 | &nbsp;&nbsp;18 | &nbsp;&nbsp;11.11% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Original Term | &nbsp;&nbsp;2 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;PITIA Reserves Months | &nbsp;&nbsp;303 | &nbsp;&nbsp;312 | &nbsp;&nbsp;97.12% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Prepayment Penalty Period (months) | &nbsp;&nbsp;157 | &nbsp;&nbsp;312 | &nbsp;&nbsp;50.32% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Product Description | &nbsp;&nbsp;206 | &nbsp;&nbsp;312 | &nbsp;&nbsp;66.03% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;36 | &nbsp;&nbsp;332 | &nbsp;&nbsp;10.84% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Purpose | &nbsp;&nbsp;1 | &nbsp;&nbsp;330 | &nbsp;&nbsp;0.30% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;, Refi Purpose | &nbsp;&nbsp;5 | &nbsp;&nbsp;144 | &nbsp;&nbsp;3.47% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Representative FICO | &nbsp;&nbsp;30 | &nbsp;&nbsp;330 | &nbsp;&nbsp;9.09% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;State | &nbsp;&nbsp;0 | &nbsp;&nbsp;332 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Street | &nbsp;&nbsp;20 | &nbsp;&nbsp;332 | &nbsp;&nbsp;6.02% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Total Cash-out | &nbsp;&nbsp;153 | &nbsp;&nbsp;158 | &nbsp;&nbsp;96.84% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;Zip | &nbsp;&nbsp;5 | &nbsp;&nbsp;332 | &nbsp;&nbsp;1.51% | &nbsp;&nbsp;332 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1754** | &nbsp;&nbsp;**7455** | &nbsp;&nbsp;**23.53%** | &nbsp;&nbsp;**332** |

---

**ADDITIONAL MORTGAGE LOAN POPULATION SUMMARY (some totals may not add due to rounding)**

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;328 | &nbsp;&nbsp;98.80% | &nbsp;&nbsp;$177975337.00 | &nbsp;&nbsp;96.79% |
| &nbsp;&nbsp;Adjustable | &nbsp;&nbsp;4 | &nbsp;&nbsp;1.20% | &nbsp;&nbsp;$5906000.00 | &nbsp;&nbsp;3.21% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**332** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$183881337.00** | &nbsp;&nbsp;**100.00%** |

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![](ex991001.jpg)

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;332 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$183881337.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**332** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$183881337.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Cash Out: Other/Multi-purpose/Unknown Purpose | &nbsp;&nbsp;139 | &nbsp;&nbsp;41.87% | &nbsp;&nbsp;$72145902.00 | &nbsp;&nbsp;39.24% |
| &nbsp;&nbsp;First Time Home Purchase | &nbsp;&nbsp;32 | &nbsp;&nbsp;9.64% | &nbsp;&nbsp;$16256829.00 | &nbsp;&nbsp;8.84% |
| &nbsp;&nbsp;Other-than-first-time Home Purchase | &nbsp;&nbsp;133 | &nbsp;&nbsp;40.06% | &nbsp;&nbsp;$76320705.00 | &nbsp;&nbsp;41.51% |
| &nbsp;&nbsp;Rate/Term Refinance - Borrower Initiated | &nbsp;&nbsp;28 | &nbsp;&nbsp;8.43% | &nbsp;&nbsp;$19157901.00 | &nbsp;&nbsp;10.42% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**332** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$183881337.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Original Term** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;241-360 Months | &nbsp;&nbsp;323 | &nbsp;&nbsp;97.29% | &nbsp;&nbsp;$176174487.00 | &nbsp;&nbsp;95.81% |
| &nbsp;&nbsp;361+ Months | &nbsp;&nbsp;9 | &nbsp;&nbsp;2.71% | &nbsp;&nbsp;$7706850.00 | &nbsp;&nbsp;4.19% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**332** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$183881337.00** | &nbsp;&nbsp;**100.00%** |

---

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Property Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Single Family Detached | &nbsp;&nbsp;172 | &nbsp;&nbsp;51.81% | &nbsp;&nbsp;$94105081.00 | &nbsp;&nbsp;51.18% |
| &nbsp;&nbsp;Condo, Low Rise | &nbsp;&nbsp;28 | &nbsp;&nbsp;8.43% | &nbsp;&nbsp;$11590308.00 | &nbsp;&nbsp;6.30% |
| &nbsp;&nbsp;Condo, High Rise | &nbsp;&nbsp;6 | &nbsp;&nbsp;1.81% | &nbsp;&nbsp;$4061406.00 | &nbsp;&nbsp;2.21% |
| &nbsp;&nbsp;Condotel | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.30% | &nbsp;&nbsp;$320000.00 | &nbsp;&nbsp;0.17% |
| &nbsp;&nbsp;PUD | &nbsp;&nbsp;81 | &nbsp;&nbsp;24.40% | &nbsp;&nbsp;$51543994.00 | &nbsp;&nbsp;28.03% |
| &nbsp;&nbsp;1 Family Attached | &nbsp;&nbsp;4 | &nbsp;&nbsp;1.20% | &nbsp;&nbsp;$1834500.00 | &nbsp;&nbsp;1.00% |
| &nbsp;&nbsp;2 Family | &nbsp;&nbsp;19 | &nbsp;&nbsp;5.72% | &nbsp;&nbsp;$8129000.00 | &nbsp;&nbsp;4.42% |
| &nbsp;&nbsp;3 Family | &nbsp;&nbsp;4 | &nbsp;&nbsp;1.20% | &nbsp;&nbsp;$2943750.00 | &nbsp;&nbsp;1.60% |
| &nbsp;&nbsp;4 Family | &nbsp;&nbsp;12 | &nbsp;&nbsp;3.61% | &nbsp;&nbsp;$5780850.00 | &nbsp;&nbsp;3.14% |
| &nbsp;&nbsp;5-10 Unit Multi-Family | &nbsp;&nbsp;5 | &nbsp;&nbsp;1.51% | &nbsp;&nbsp;$3572448.00 | &nbsp;&nbsp;1.94% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**332** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$183881337.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Primary | &nbsp;&nbsp;120 | &nbsp;&nbsp;36.14% | &nbsp;&nbsp;$87679553.00 | &nbsp;&nbsp;47.68% |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;202 | &nbsp;&nbsp;60.84% | &nbsp;&nbsp;$85442284.00 | &nbsp;&nbsp;46.47% |
| &nbsp;&nbsp;Second Home | &nbsp;&nbsp;10 | &nbsp;&nbsp;3.01% | &nbsp;&nbsp;$10759500.00 | &nbsp;&nbsp;5.85% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**332** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$183881337.00** | &nbsp;&nbsp;**100.00%** |

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## Exhibit 99.2

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.2**

![](situs-logo.jpg)

---

| |
|:---|
| **Valuation Report** |
| **Run Date - 10/27/2025 5:56:44 PM** |

---

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| **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Mapped ID** | **Deal ID** | **Investor Loan Number** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Value for LTV** | **As-Is Value for LTV** | **LTV Value Variance Amount** | **LTV Value Variance Percent** | **Primary Valuation Value** | **Primary Valuation Report Date** | **Primary Valuation Effective Date** | **Primary Valuation Type** | **Primary Valuation Company** | **Primary Valuation Appraiser Name** | **Primary Valuation Appraiser License Num** | **Primary Valuation FSD Score** | **Secondary Valuation Value** | **Secondary Valuation Variance Amount** | **Secondary Valuation Variance Percent** | **Secondary Valuation Report Date** | **Secondary Valuation Effective Date** | **Secondary Valuation Type** | **Secondary Valuation Company** | **Secondary Valuation FSD Score** | **Secondary Valuation Desk Review Risk Score** | **AVM Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Company** | **AVM FSD Score** | **AVM Report Date** | **Desk Review Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Report Date** | **Desk Review Effective Date** | **Desktop Appraisal Value** | **Desktop Appraisal Variance Amount** | **Desktop Appraisal Variance Percent** | **Desktop Appraisal Company** | **Desktop Appraisal Report Date** | **Desktop Appraisal Effective Date** | **BPO Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Report Date** | **Field Review Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Report Date** | **Field Review Effective Date** | **2055 Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Report Date** | **2055 Effective Date** | **AVE/CMA Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Report Date** | **Hybrid Valuation Value** | **Hybrid Valuation Variance Amount** | **Hybrid Valuation Variance Percent** | **Hybrid Valuation Company** | **Hybrid Valuation Report Date** | **Updated Valuation Value** | **Updated Valuation Variance Amount** | **Updated Valuation Variance Percent** | **Updated Valuation Report Date** | **Updated Valuation Effective Date** | **Aggregate Appraised Value** | **Aggregate Variance Amount** | **Aggregate Variance Percent** | **Value Analysis Valuation Value** | **Value Analysis Report Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **LCA Risk Score** | **Collateral Underwriter Risk Score** |
| XXXX | XXXX | XXXX | XXXX | 4350117275 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | BPO | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117276 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117277 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -0.270% | XXXX | XXXX | BPO | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117278 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.870% | XXXX | XXXX | BPO | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117279 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 2.340% | XXXX | XXXX | BPO | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117280 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -1.980% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 4.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117281 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | BPO | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117282 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117283 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -3.080% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 4.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117284 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.40 |
| XXXX | XXXX | XXXX | XXXX | 4350117285 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117286 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 3.90 |
| XXXX | XXXX | XXXX | XXXX | 4350117287 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350117288 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117289 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 2.10 |
| XXXX | XXXX | XXXX | XXXX | 4350117290 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 3.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117292 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -0.580% | XXXX | XXXX | Appraisal | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 4.60 |
| XXXX | XXXX | XXXX | XXXX | 4350117293 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117294 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.90 |
| XXXX | XXXX | XXXX | XXXX | 4350117295 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 3.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117296 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350117297 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117298 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350117299 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 2.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117300 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350117301 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117302 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.20 |
| XXXX | XXXX | XXXX | XXXX | 4350117303 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117304 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117305 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.60 |
| XXXX | XXXX | XXXX | XXXX | 4350117306 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117307 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117308 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Field Review | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX | -11.210% | XXXX | High | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117309 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -3.910% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117310 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117311 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117312 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117313 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117314 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.90 |
| XXXX | XXXX | XXXX | XXXX | 4350117315 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.70 |
| XXXX | XXXX | XXXX | XXXX | 4350117316 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117317 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117318 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117319 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.70 |
| XXXX | XXXX | XXXX | XXXX | 4350117320 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117321 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 2.50 |
| XXXX | XXXX | XXXX | XXXX | 4350117322 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117323 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.30 |
| XXXX | XXXX | XXXX | XXXX | 4350117324 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 4.50 |
| XXXX | XXXX | XXXX | XXXX | 4350117325 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117326 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117327 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117328 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes |  | 2.30 |
| XXXX | XXXX | XXXX | XXXX | 4350117329 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117330 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117331 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350117332 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117333 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350117334 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350117335 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 3.20 |
| XXXX | XXXX | XXXX | XXXX | 4350117336 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117337 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117338 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117339 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117340 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 2.20 |
| XXXX | XXXX | XXXX | XXXX | 4350117341 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117342 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117343 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117344 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117345 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117346 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117347 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117348 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 2.20 |
| XXXX | XXXX | XXXX | XXXX | 4350117349 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.70 |
| XXXX | XXXX | XXXX | XXXX | 4350117350 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117351 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350117352 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117353 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350117354 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350117355 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117356 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 1.720% | XXXX | XXXX | Appraisal | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117357 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117358 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117359 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117360 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117361 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 3.30 |
| XXXX | XXXX | XXXX | XXXX | 4350117362 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 4.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117363 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 4.80 |
| XXXX | XXXX | XXXX | XXXX | 4350117364 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117365 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117366 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117367 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117368 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117369 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 2.50 |
| XXXX | XXXX | XXXX | XXXX | 4350117370 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117371 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117372 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117373 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117374 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117375 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117376 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350117377 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.80 |
| XXXX | XXXX | XXXX | XXXX | 4350117378 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117379 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350117380 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 9.340% | XXXX | XXXX | Appraisal | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117381 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 2.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117382 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117383 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117384 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 2.40 |
| XXXX | XXXX | XXXX | XXXX | 4350117385 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350117386 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117387 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117388 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 3.30 |
| XXXX | XXXX | XXXX | XXXX | 4350117389 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117390 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 1.70 |
| XXXX | XXXX | XXXX | XXXX | 4350117391 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117392 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350117393 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117394 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117395 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 4.40 |
| XXXX | XXXX | XXXX | XXXX | 4350117396 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117397 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.90 |
| XXXX | XXXX | XXXX | XXXX | 4350117398 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117399 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 3.20 |
| XXXX | XXXX | XXXX | XXXX | 4350117400 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -3.850% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 3.20 |
| XXXX | XXXX | XXXX | XXXX | 4350117401 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 2.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117402 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117403 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117404 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117405 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.10 |
| XXXX | XXXX | XXXX | XXXX | 4350117406 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117407 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.40 |
| XXXX | XXXX | XXXX | XXXX | 4350117408 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes |  | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350117409 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 2.50 |
| XXXX | XXXX | XXXX | XXXX | 4350117410 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 2.90 |
| XXXX | XXXX | XXXX | XXXX | 4350117411 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 6.870% | XXXX | XXXX | Appraisal | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 2.30 |
| XXXX | XXXX | XXXX | XXXX | 4350117412 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117413 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 3.40 |
| XXXX | XXXX | XXXX | XXXX | 4350117414 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117415 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 2.30 |
| XXXX | XXXX | XXXX | XXXX | 4350117416 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX | Appraisal | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 3.20 |
| XXXX | XXXX | XXXX | XXXX | 4350117417 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 3.10 |
| XXXX | XXXX | XXXX | XXXX | 4350117418 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350117419 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350117420 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117421 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117422 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350117423 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 3.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117424 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117425 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350117426 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117427 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117428 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117429 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 2.50 |
| XXXX | XXXX | XXXX | XXXX | 4350117430 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117431 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350117432 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117433 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117434 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 999.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117435 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 2.80 |
| XXXX | XXXX | XXXX | XXXX | 4350117436 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117437 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 1.40 |
| XXXX | XXXX | XXXX | XXXX | 4350117438 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117439 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350117440 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350117441 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 3.30 |
| XXXX | XXXX | XXXX | XXXX | 4350117442 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -1.200% | XXXX | XXXX | Appraisal | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350117443 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117444 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117445 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117446 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 2.70 |
| XXXX | XXXX | XXXX | XXXX | 4350117447 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.80 |
| XXXX | XXXX | XXXX | XXXX | 4350117448 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 3.70 |
| XXXX | XXXX | XXXX | XXXX | 4350117449 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 2.50 |
| XXXX | XXXX | XXXX | XXXX | 4350117450 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117451 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Field Review | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX | -100.000% | XXXX | Indeterminate | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 3.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117452 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -0.120% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350117453 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117454 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117455 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117456 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117457 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350117458 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117459 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117460 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117461 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117462 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117463 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 2.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117464 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117465 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117466 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350117467 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117468 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 2.80 |
| XXXX | XXXX | XXXX | XXXX | 4350117469 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117470 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350117471 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117472 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 3.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117473 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117474 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 2.70 |
| XXXX | XXXX | XXXX | XXXX | 4350117475 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.40 |
| XXXX | XXXX | XXXX | XXXX | 4350117476 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 2.560% | XXXX | XXXX | Appraisal | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350117477 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 2.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117478 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117479 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 2.50 |
| XXXX | XXXX | XXXX | XXXX | 4350117480 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.80 |
| XXXX | XXXX | XXXX | XXXX | 4350117481 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 2.10 |
| XXXX | XXXX | XXXX | XXXX | 4350117482 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350117483 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Appraisal | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX | -10.340% | XXXX | High | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117484 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117485 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 3.20 |
| XXXX | XXXX | XXXX | XXXX | 4350117486 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117487 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117488 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117489 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 2.10 |
| XXXX | XXXX | XXXX | XXXX | 4350117490 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350117491 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117492 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117493 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117291 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350117494 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117495 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117496 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117497 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117498 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117499 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117500 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117501 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117502 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117503 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 4.60 |
| XXXX | XXXX | XXXX | XXXX | 4350117504 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 3.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117505 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350117506 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.90 |
| XXXX | XXXX | XXXX | XXXX | 4350117507 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350117508 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117509 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117510 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117511 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117512 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117513 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350117514 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.90 |
| XXXX | XXXX | XXXX | XXXX | 4350117515 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 2.10 |
| XXXX | XXXX | XXXX | XXXX | 4350117516 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117517 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.80 |
| XXXX | XXXX | XXXX | XXXX | 4350117518 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117519 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117520 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 3.40 |
| XXXX | XXXX | XXXX | XXXX | 4350117521 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.60 |
| XXXX | XXXX | XXXX | XXXX | 4350117522 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117523 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117524 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117525 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117526 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350117527 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 3.60 |
| XXXX | XXXX | XXXX | XXXX | 4350117528 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 2.30 |
| XXXX | XXXX | XXXX | XXXX | 4350117529 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117530 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 2.70 |
| XXXX | XXXX | XXXX | XXXX | 4350117531 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350117532 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117533 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117534 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117535 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117536 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.40 |
| XXXX | XXXX | XXXX | XXXX | 4350117537 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117538 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117539 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350117540 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117541 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117542 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117543 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117544 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 3.30 |
| XXXX | XXXX | XXXX | XXXX | 4350117545 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350117546 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117547 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350117548 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -1.690% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.60 |
| XXXX | XXXX | XXXX | XXXX | 4350117549 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117550 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 2.30 |
| XXXX | XXXX | XXXX | XXXX | 4350117551 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.90 |
| XXXX | XXXX | XXXX | XXXX | 4350117552 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117553 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 3.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117554 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117555 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -0.800% | XXXX | XXXX | AVM | XXXX | 0.02 |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 2.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117556 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.720% | XXXX | XXXX | Appraisal | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.40 |
| XXXX | XXXX | XXXX | XXXX | 4350117557 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.60 |
| XXXX | XXXX | XXXX | XXXX | 4350117558 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350117559 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.40 |
| XXXX | XXXX | XXXX | XXXX | 4350117560 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117561 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117562 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117563 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 4.10 |
| XXXX | XXXX | XXXX | XXXX | 4350117564 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117565 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117566 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 5.190% | XXXX | XXXX | Appraisal | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117567 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117568 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117569 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117570 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117571 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 2.50 |
| XXXX | XXXX | XXXX | XXXX | 4350117572 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117573 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -1.630% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117574 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 2.40 |
| XXXX | XXXX | XXXX | XXXX | 4350117575 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117576 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117577 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350117578 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117579 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117580 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117581 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117582 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes |  | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350117583 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117584 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350117585 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117586 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350117588 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117593 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117598 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117596 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117599 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117594 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117603 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117587 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117604 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -7.160% | XXXX | XXXX | Stated | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -7.160% Final CD | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.80 |
| XXXX | XXXX | XXXX | XXXX | 4350117600 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117592 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117590 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117595 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117597 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117602 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.40 |
| XXXX | XXXX | XXXX | XXXX | 4350117589 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350117601 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.40 |
| XXXX | XXXX | XXXX | XXXX | 4350117591 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -2.710% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350117606 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350117605 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |

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## Exhibit 99.3

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.3**

![](situs-logo.jpg)

---

| |
|:---|
| **Exception Grades** |
| **Run Date - 10/2XXXX25 12:41:17 PM** |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **XXXX Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Mapped ID** | **Deal ID** | **Investor Loan Number** | **Loan Exception ID** | **Exception ID** | **Exception Date** | **Exception Type** | **Exception Category** | **Exception Subcategory** | **15E Category** | **Exception** | **Exception Detail** | **Exception Information** | **Compensating Factors** | **Compensating Factor Information** | **Applying Party** | **Follow-up Comments** | **Cleared Date** | **Cured Date** | **Waived Date** | **Exception Level Grade** | **Note Date** | **Property State** | **Occupancy** | **Purpose** | **Exception Remediation** | **Originator QM ATR Status** | **TPR QM ATR Status** | **Is Curable** |
| XXXX | XXXX | XXXX | XXXX | 4350117275 | XXXX | 33819439 | 200172239-4513 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  | Articles of Organization was not provided. |  |  |  | Reviewer Comment (2025-07-14): Received doc in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117275 | XXXX | 33821222 | 200172239-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for unverifiable housing for borrower. | The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Debt Service Coverage Ratio: 2.61<br> Guideline Requirement: 1.00<br>Loan to Value: 65.00000%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 720<br> Representative FICO: 767 | XXXX | Reviewer Comment (2025-07-03): Lender exception with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117276 | XXXX | 33516587 | 200172905-28640 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Source of Funds/Deposit not provided |  | Source of gift funds wired to the title account are required. Guidelines require a copy of the bank statement that reflects the wire in the exact amount specified in the gift letter |  |  |  | Reviewer Comment (2025-06-03): Deposit registered on the CD. Cleared.<br>Seller Comment (2025-06-02): (Rate Lock) funds were sent to escrow please review<br>Reviewer Comment (2025-05-30): Source of Funds / Deposit is required to clear this condition. - Exception Remains. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117276 | XXXX | 33516600 | 200172905-34383 | XXXX | Compliance | Compliance | Federal Compliance | Compliance | Disclosed Note P&I payment does not equal calculated P&I payment | Disclosed Note P&I payment does not equal calculated P&I payment. Note P&I of XXXX does not match calculated P&I of XXXX. Note P&I was used for the APR calculation and compliance testing. | Note disclosed a P&I of XXXXhich does not match the calculated P&I of XXXX or the P&I provided on the CD.. |  |  |  | Reviewer Comment (2025-06-03): Client elects to Waive.<br>Seller Comment (2025-05-29): (Rate Lock) accept EV2 as is and wishes to proceed | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117276 | XXXX | 33516601 | 200172905-25823 | XXXX | Compliance | Compliance | State Compliance | State Defect | XXXX Prepayment Penalty | XXXX Prepayment Penalty: No prepayment penalties are permissible in the state of XXXX. Prepay language states prepay will not exceed maximum permitted by applicable law. | The Note addendum disclosed a prepayment penalty of 5% which is not permissible in the state of XXXX. |  |  |  | Reviewer Comment (2025-06-03): Client elects to Waive.<br>Seller Comment (2025-05-29): (Rate Lock) Per guidelines this is allowed please review | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117276 | XXXX | 33516623 | 200172905-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to allow gift funds on an investment purchase. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 1yr Full Doc<br> Disposable Income: $XXXX<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 32.35804% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 739 | XXXX | Reviewer Comment (2025-05-28): Lender exceptions with comp factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117276 | XXXX | 33516628 | 200172905-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to allow first-time home buyer and first-time investor. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 1yr Full Doc<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 32.35804% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 739 | XXXX | Reviewer Comment (2025-05-28): Lender exceptions with comp factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117276 | XXXX | 33940661 | 200172905-454 | XXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | (Missing Doc) Missing Note Addendum: Note P&I does not match calculated P&I | Note P&I of XXXX does not match Calculated P&I of XXXX |  |  |  |  | Reviewer Comment (2025-09-22): Updated Note provided.<br>Reviewer Comment (2025-07-16): Reopened for new Note.<br>Reviewer Comment (2025-07-16): Customer elects to waive<br>Reviewer Comment (2025-07-16): Customer elects to waive. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117279 | XXXX | 33988523 | 200179333-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to waive rent roll. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | XXXX | Reviewer Comment (2025-07-22): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117282 | XXXX | 34639495 | 200179509-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception approving 2x30 in the last 12 months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Seasoned Borrower/Investor whose experience exceeds XXXX projects.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Seasoned Borrower/Investor whose experience exceeds XXXX projects.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-08): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-10-04): (Rate Lock) Please clear<br>Reviewer Comment (2025-10-03): Lender exception. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117282 | XXXX | 34639538 | 200179509-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.92 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Seasoned Borrower/Investor whose experience exceeds XXXX projects.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Seasoned Borrower/Investor whose experience exceeds XXXX projects.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-08): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-10-04): (Rate Lock) Please clear<br>Reviewer Comment (2025-10-03): Lender Exception. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117284 | XXXX | 34476927 | 200179703-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender requested an exception to allow the use of new lease agreement effective XXXX in the amount of XXXX per month versus market rent of $XXXX per month. Evidence of deposit and 1st month rent receipt requested. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Monthly reserves is verified AND at least 4 months more than guideline minimum.<br>LTV less than 70%, AND at least 5% less than guideline maximum.<br>FICO higher than 740, AND at least 20 points higher than guideline minimum.<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2025-09-17): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117285 | XXXX | 33945135 | 200179801-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide credit docs for borrower (1003, credit, fraud) or remove them from the Guarantor Agreement. As execution of documents stands, XXXX is obligated with full recourse as a borrower/Guarantor. |  |  |  | Reviewer Comment (2025-10-01): Updated Guaranty Agreement provided showing one person as a Member only. Documents not required for Member.<br>Seller Comment (2025-09-25): (Rate Lock) Updated XXXX provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117285 | XXXX | 33966307 | 200179801-23698 | XXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XXXX XXXX | Fraud report is not provided. \*\*\*Update XXXX-Fraud Report not required, however OFAC is required for all individuals with more than 25% ownership. |  |  |  | Reviewer Comment (2025-10-20): 1008 verifies OFAC checked.<br>Seller Comment (2025-10-15): (Rate Lock) 1008 with comments regarding ofac provided<br>Reviewer Comment (2025-10-10): Provide evidence the OFAC check was pulled prior to the NOte Date. The date at the bottom is post close.<br>Reviewer Comment (2025-10-07): Fraud Report provided is post close. Please provide search completed prior to closing.<br>Seller Comment (2025-10-02): (Rate Lock) OFAC provided for title only<br>Reviewer Comment (2025-10-01): Fraud Report not required, however OFAC is required for all individuals with more than 25% ownership. Provide evidence OFAC was pulled for the signing member.<br>Seller Comment (2025-09-25): (Rate Lock) Updated GA provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117285 | XXXX | 33966311 | 200179801-25749 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  |  |  |  |  | Reviewer Comment (2025-07-24): Closing Statement provided.<br>Seller Comment (2025-07-23): (Rate Lock) HUD was provided please clear | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117285 | XXXX | 33966312 | 200179801-4062 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  |  |  |  |  | Reviewer Comment (2025-07-25): Operating Agreement shows all individual must agree and all individual signed the Note.<br>Seller Comment (2025-07-25): (Rate Lock) Doc provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117285 | XXXX | 33966320 | 200179801-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Credit Report is not provide for co-borrower, Frank XXXX. \*\*\*\*UPDATE XXXX - Credit Report is not provide for co-borrower, Frank XXXXho signed as an individual on Note. |  |  |  | Reviewer Comment (2025-10-01): Updated Guaranty Agreement provided showing one person as a Member only.<br>Reviewer Comment (2025-10-01): Credit report not required for members.<br>Seller Comment (2025-09-25): (Rate Lock) Updated GA provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117285 | XXXX | 33968505 | 200179801-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of XXXX is less than Guideline PITIA months reserves of 6.00. | Reserve requirement of 6 months PITI is not met. Final CD is missing from file to verify cash-out proceeds which can be used towards reserves. |  |  |  | Reviewer Comment (2025-07-21): HUD provided.<br>Reviewer Comment (2025-07-21): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated PITIA months reserves of is less than Guideline PITIA months reserves of 6.00. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117285 | XXXX | 33996706 | 200179801-4266 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Total cash-out discrepancy. | HUD-1 total cash-out of XXXX is greater than Guideline total cash-out of XXXX. | Lender exception for increased cash out provided. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Lender Exception with Compensating Factors provided.<br>0x30x24 | XXXX | Reviewer Comment (2025-07-21): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117286 | XXXX | 34213268 | 200179809-34967 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): 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. (Client:XXXX/XXXX) |  |  |  |  | Reviewer Comment (2025-08-22): Client accepts EV2 and Waives.<br>Seller Comment (2025-08-20): (Rate Lock) Accept EV2 and wish to waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117286 | XXXX | 34213273 | 200179809-33638 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Property Costs Year 1 Underdisclosed - XXXX | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of on Final Closing Disclosure provided on XXXX are underdisclosed (Final/XXXX) |  |  |  |  | Reviewer Comment (2025-09-19): XXXX received Letter of Explanation & Corrected Closing Disclosure.<br>Seller Comment (2025-09-18): (Rate Lock) Borrower selected to not have impounds, and the correct box is checked, as well as lump sum in the correct area of no-escrows<br>Reviewer Comment (2025-09-16): Non escrow amounts are noted in the incorrect section on page 4. If there are no escrowed amounts, then all amounts are lumped together and noted on the lower section of page 4 with proper boxes checked. Please provide PCCD and LOE to cure<br>Seller Comment (2025-09-16): (Rate Lock) PCCD and LOE provided<br>Reviewer Comment (2025-08-26): XXXX received rebuttal comment and bifurcation of property costs disclosed on CD. However, Final CD \* Post CD page 4 marked as "Will have an escrow account" section instead of "Will not have an escrow account". Provide corrected CD with LOX to borrower to mark "Will not have an escrow account" check box and non-escrow estimated property costs year 1 to complete remediation.<br>Seller Comment (2025-08-25): (Rate Lock) Taxes + Insurance approved by UW = $XXXX per month x 12 months = $XXXX, which matches the CD | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117286 | XXXX | 34213278 | 200179809-34956 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Amount Financed Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of XXXX is over disclosed by XXXX compared to the calculated Amount Financed of XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XXXX). (Final/XXXX) | Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of XXXX is over disclosed by XXXX compared to the calculated Amount Financed of XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XXXX) |  |  |  | Reviewer Comment (2025-09-03): XXXX received LOA<br>Seller Comment (2025-09-01): (Rate Lock) Invoice provided showing what the fee consists of. Fee should not be included in finance charge calculations. Please clear as no cure is needed<br>Reviewer Comment (2025-09-01): XXXX received Statement for Services for Attorney. Services state for Document Preparation "AND Related legal Services rendered solely to and on behalf of the referenced lender. XXXX must be provided a breakdown of the "other related legal services" and the breakdown of those amounts separate from the Doc prep fee. Any other services not doc prep, may be finance charge. If unable to breakout, then the full lump sum amount must be included in the finance charge calculation.<br>Seller Comment (2025-08-29): (Rate Lock) loe provided<br>Reviewer Comment (2025-08-26): There is a different Title - Document prep fee in the loan file. If the attorney conducted the closing it would be considered a finance charge. Please provide itemization of the service provided by the attorney for the stated fee for further review.<br>Seller Comment (2025-08-25): (Rate Lock) The XXXX attorney fee is not considered an APR fee, as it is a fee for XXXXdocument preparation<br>Reviewer Comment (2025-08-21): Attorney Fee - $XXXX - $XXXX, LDP - $XXXX, MERS - XXXX, interest - $-XXXX, Processing Fee - $XXXX, Title - courier $XXXX, Title - Recording Service - $XXXX title grnty - $XXXX, Underwriting - XXXX have been included in testing as APR fees.<br>Seller Comment (2025-08-20): (Rate Lock) Please confirm the fees included in APR | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117286 | XXXX | 34213279 | 200179809-4428 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Escrow Account | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX did not disclose whether the loan will have an escrow account. (Final/XXXX) | Loan Disclosures: Final Closing Disclosure provided on XXXX did not disclose whether the loan will have an escrow account. |  |  |  | Reviewer Comment (2025-09-19): XXXX received Letter of Explanation & Corrected Closing Disclosure.<br>Seller Comment (2025-09-18): (Rate Lock) Borrower selected to not have impounds, and the correct box is checked, as well as lump sum in the correct area of no-escrows<br>Reviewer Comment (2025-09-16): Non escrow amounts are noted in the incorrect section on page 4. If there are no escrowed amounts, then all amounts are lumped together and noted on the lower section of page 4 with proper boxes checked. Please provide PCCD and LOE to cure<br>Seller Comment (2025-09-16): (Rate Lock) PCCD and LOE provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117286 | XXXX | 34213280 | 200179809-4376 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of XXXX is under disclosed by XXXX compared to the calculated Finance Charge of XXXXhich exceeds the XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). (Final/XXXX) | Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of XXXX is under disclosed by XXXX compared to the calculated Finance Charge of XXXXhich exceeds the XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). |  |  |  | Reviewer Comment (2025-09-03): XXXX received LOA<br>Seller Comment (2025-09-01): (Rate Lock) Invoice provided showing what the fee consists of. Fee should not be included in finance charge calculations. Please clear as no cure is needed<br>Reviewer Comment (2025-09-01): XXXX received Statement for Services for Attorney. Services state for Document Preparation "AND Related legal Services rendered solely to and on behalf of the referenced lender. XXXX must be provided a breakdown of the "other related legal services" and the breakdown of those amounts separate from the Doc prep fee. Any other services not doc prep, may be finance charge. If unable to breakout, then the full lump sum amount must be included in the finance charge calculation.<br>Seller Comment (2025-08-29): (Rate Lock) loe provided<br>Reviewer Comment (2025-08-26): There is a different Title - Document prep fee in the loan file. If the attorney conducted the closing it would be considered a finance charge. Please provide itemization of the service provided by the attorney for the stated fee for further review.<br>Seller Comment (2025-08-25): (Rate Lock) The XXXX fee is not considered an APR fee, as it is a fee for XXXXdocument preparation<br>Reviewer Comment (2025-08-21): Attorney Fee - $XXXX - $XXXX, LDP - $XXXX, MERS - XXXX, interest - $-XXXX, Processing Fee - $XXXX, Title - courier $XXXX, Title - Recording Service - $XXXX title grnty - $XXXX, Underwriting - XXXX have been included in testing as APR fees.<br>Seller Comment (2025-08-20): (Rate Lock) Please confirm the fees included in APR | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117286 | XXXX | 34213281 | 200179809-4407 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow Account | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. (Final/XXXX) | Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. |  |  |  | Reviewer Comment (2025-09-19): XXXX received Letter of Explanation & Corrected Closing Disclosure.<br>Seller Comment (2025-09-18): (Rate Lock) Borrower selected to not have impounds, and the correct box is checked, as well as lump sum in the correct area of no-escrows<br>Reviewer Comment (2025-09-16): Non escrow amounts are noted in the incorrect section on page 4. If there are no escrowed amounts, then all amounts are lumped together and noted on the lower section of page 4 with proper boxes checked. Please provide PCCD and LOE to cure<br>Seller Comment (2025-09-16): (Rate Lock) PCCD and LOE provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117286 | XXXX | 34213282 | 200179809-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Survey Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Survey Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-08-26): XXXX: Sufficient cure provided. Full cure amount for tolerance violation was provided at closing (on final CD) resulting in a cleared exception.<br>Seller Comment (2025-08-25): (Rate Lock) Survey was disclosed on initial LE at $XXXX. ?The lender did cure $XXXX at closing, as reflected in Section J. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117286 | XXXX | 34213389 | 200179809-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for 36 NSF's in the last 12 months maximum is 6 per guidelines | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Miscellaneous | Borrower has worked in same industry more than 5 years.<br>LTV less than 70%, AND at least 5% less than guideline maximum.<br>Qualifying DTI less than 35%, AND at least 10% less than guideline maximum.<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2025-08-15): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117286 | XXXX | 34296239 | 200179809-6582 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. Sufficient or excess cure was provided to the borrower at Closing. (0) |  |  |  |  | Reviewer Comment (2025-08-26): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117287 | XXXX | 33864549 | 200179889-4961 | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Loan file is missing verification of borrower's rental history. |  |  |  | Reviewer Comment (2025-10-27): Updating Findings.<br>Reviewer Comment (2025-07-16): Received the 12 months receipts of payments. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117288 | XXXX | 34536794 | 200190013-4256 | XXXX | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 652 is less than Guideline representative FICO score of 660. | Representative FICO score of 652 is less than Guideline representative FICO score of 660. | The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Combined Loan to Value: 54.76190%<br> Guideline Maximum Combined Loan to Value: 75.00000%<br>Loan to Value: 54.76190%<br> Guideline Maximum Loan to Value: 75.00000% | XXXX | Reviewer Comment (2025-09-30): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-26): (Rate Lock) Please waive EV2<br>Reviewer Comment (2025-09-24): Housing payment history is 0x30x24 or better; Borrower has real estate investment experience as seasoned investor with more than 2 prior investments displaying at least 0x30x12 pay history | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Limited Cash-out GSE | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117289 | XXXX | 34562284 | 200190054-4256 | XXXX | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 657 is less than Guideline representative FICO score of 660. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 15.47<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (2025-10-01): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-30): (Rate Lock) EV2 accept please waive<br>Reviewer Comment (2025-09-26): New 7/24: (1) Using ADU rental income to qualify, (2) No similar rental comps available with ADUs, (3) Non-standard lease with monthly rent based on market rent rather than set terms. Requesting approval to waive further lease documentation and qualify solely on 1007 Rent Schedule | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117290 | XXXX | 34623857 | 200190060-4433 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow - Reason | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. (Final/XXXX) | The Final Closing Disclosure, indicates that the loan does not include an escrow account. However, the disclosure does not specify whether this is due to the borrower declining escrow or because the lender does not offer one, as the corresponding checkbox was left unmarked. |  |  |  | Reviewer Comment (2025-10-20): Document provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117290 | XXXX | 34623858 | 200190060-7038 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/XXXX) | Loan file only contains 1 CD, dated XXXX. |  |  |  | Reviewer Comment (2025-10-07): XXXX received 0XXXX CD 3 business days prior to consummation.<br>Seller Comment (2025-10-07): (Rate Lock) ICD from XXXX provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | No Defined Cure A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117290 | XXXX | 34623859 | 200190060-34957 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. XXXX | Final Lender Credit of XXXX exceeds tolerance of XXXX. |  |  |  | Reviewer Comment (2025-10-07): XXXX Received Valid COC along with revised CD.<br>Seller Comment (2025-10-07): (Rate Lock) CIC provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117290 | XXXX | 34623860 | 200190060-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Fee Amount of XXXX exceeds tolerance of XXXX. |  |  |  | Reviewer Comment (2025-10-07): XXXX Received Valid COC along with revised CD.<br>Seller Comment (2025-10-07): (Rate Lock) CIC provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117290 | XXXX | 34632773 | 200190060-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | COC shows VCC on XXXX CD, However it is not present on file. |  |  |  | Reviewer Comment (2025-10-20): VCC provided<br>Seller Comment (2025-10-20): (Rate Lock) Original appraisal timed out, and per invoice lender was made aware of the fee XXXX and re-disclosed within the 3 day window<br>Reviewer Comment (2025-10-07): XXXX File contains COC dated XXXX; however, COC does not provide sufficient information for the addition on Appraisal re-inspection fee. Also, Corresponding CD missing for COC dated XXXX. Provide Corresponding CD for COC dated 0XXXX along with additional information for the addition of Appraisal re-inspection fee.<br>Seller Comment (2025-10-07): (Rate Lock) ICD from XXXX provided<br>Reviewer Comment (2025-10-06): XXXX missing initial CD. Please provide missing LE or CD to re-evaluate the exceptions.<br>Seller Comment (2025-10-04): (Rate Lock) What is not present? | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117292 | XXXX | 33993579 | 200190146-23688 | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: HXXXXard insurance coverage amount is insufficient. |  | HXXXXard Insurance coverage is insufficient by $XXXX based on the loan amount, there was no evidence of extended coverage or insurer's estimate of replacement cost provided. |  |  |  | Reviewer Comment (2025-09-03): Cleared<br>Seller Comment (XXXX): (Rate Lock) Please see attached binder reflecting replacement cost coverage as highlighted. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C A B | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117292 | XXXX | 33993613 | 200190146-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (2025-09-03): cleared<br>Seller Comment (XXXX): (Rate Lock) Please see attached Loan Summary Report reflecting valuation sent to, and received by, borrower XXXX as highlighted. | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Purchase | C A B | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117292 | XXXX | 33993614 | 200190146-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Secondary/XXXX) |  |  |  |  | Reviewer Comment (2025-09-17): Delivery provided.<br>Seller Comment (2025-09-10): (Rate Lock) All appraisals have a XXXX date. Please see attached.<br>Reviewer Comment (2025-09-03): were both appraisals sent on XXXX? The provided report only reflects valuation singular and does not show multiple appraisals being provided.<br>Seller Comment (XXXX): (Rate Lock) Please see attached Loan Summary Report reflecting valuation sent to, and received by, borrower XXXX as highlighted. | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Purchase | C A B | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117293 | XXXX | 34401487 | 200190181-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to allow less than two year self-employment history. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Reserves: 18.20<br> Guideline Requirement: 3.00<br>Borrower's Own Funds Percent: 17.75%<br> Borrower's Own Funds Amount: $XXXX<br>DTI: 29.33424% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 778 | XXXX | Reviewer Comment (2025-09-15): Client elects to waive.<br>Seller Comment (2025-09-12): Please reduce to EV 2 and close out.<br>Reviewer Comment (2025-09-10): Lender approved exception to allow less than two year self-employment history. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117295 | XXXX | 34154845 | 200190227-6582 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. Sufficient or excess cure was provided to the borrower at Closing. (0) |  |  |  |  | Reviewer Comment (2025-08-06): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | Final CD evidences Cure A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117296 | XXXX | 34314945 | 200190253-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX XXXX, XXXXXXXX Insurance Verification |  |  |  |  | Reviewer Comment (2025-10-28): Mtg Statement provided.<br>Reviewer Comment (2025-09-11): Cleared. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117296 | XXXX | 34314959 | 200190253-36435 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Additional 3-Day Waiting Period Timing Test – Regular Transaction | TILA-RESPA Integrated Disclosure – Most recent Closing Disclosure received at least 3 days prior to closing dated XXXX disclosed an inaccurate APR of 8.31500% compared to the actual APR at consummation of 8.65443% and a revised CD disclosing an accurate APR was not received by borrower at least three (3) business days prior to consummation. | 1026.19(f)(1)(i) and (ii) require that the consumer receives accurate disclosures with the actual terms of the transaction at least three (3) specific/precise business days prior to consummation. If the APR disclosed on the initial CD becomes inaccurate as defined under 1026.22, revised disclosures with an accurate APR must be disclosed and a new 3-day waiting period prior to consummation provided. The APR on the most recent CD received 3 days prior to consummation (8.315%) changed more than the 0.125% threshold compared to the actual/calculated APR at consummation (8.65443%) and a revised disclosure with accurate APR was not received by the consumer at least 3 business days prior to consummation. |  |  |  | Reviewer Comment (2025-09-11): Cleared | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | TRID timing exception, no remediation available. C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117296 | XXXX | 34314960 | 200190253-30168 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Interim Closing Disclosure Timing Test | TILA-RESPA Integrated Disclosure – Corrected Closing Disclosure provided on or after XXXX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation |  |  |  |  | Reviewer Comment (2025-09-11): XXXX received CD. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | TRID timing exception, no remediation available. C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117296 | XXXX | 34314961 | 200190253-34957 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. XXXX | Valid change of circumstance or sufficient cure is missing. |  |  |  | Reviewer Comment (2025-09-11): XXXX received a valid COC. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117296 | XXXX | 34314962 | 200190253-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 5.61 is less than Guideline PITIA months reserves of 6.00. | The assets in file are insufficient to satisfy reserve requirement. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Documentation Type: 12mo Bank Statement<br> Disposable Income: $XXXX<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: $XXXX<br>DTI: 41.88883% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (2025-09-29): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-09-24): (Rate Lock) Exception on loan for reserves please review | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117296 | XXXX | 34314964 | 200190253-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to the assets in file are insufficient to satisfy reserve requirement. |  |  |  | Reviewer Comment (2025-09-29): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-09-24): (Rate Lock) Exception on loan for reserves please review | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117296 | XXXX | 34314965 | 200190253-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | The assets in file are insufficient to satisfy reserve requirement. |  |  |  | Reviewer Comment (2025-09-29): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-09-24): (Rate Lock) Exception on loan for reserves please review | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117297 | XXXX | 34315010 | 200190261-3677 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Loan designation discrepancy due to rent verification missing from file for investment property. |  |  |  | Reviewer Comment (2025-09-16): Cleared XXXX listing and statement provided<br>Seller Comment (2025-09-12): (Rate Lock) This is a STR, and XXXX docs provided<br>Reviewer Comment (2025-09-04): Required is lease agreement to verify rental income for # XXXX.<br>Seller Comment (2025-09-01): (Rate Lock) VOR provided | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM status C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117297 | XXXX | 34315012 | 200190261-4204 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Rent verification document not provided so we are getting designation difference. |  |  |  | Reviewer Comment (2025-09-16): Cleared XXXX listing and statement provided | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117297 | XXXX | 34315013 | 200190261-1234 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - REO 25% Method | Ability to Repay (Dodd-Frank 2014): Unable to verify Real Estate Owned income (25% Method) using reasonably reliable third-party records. (XXXXive/25% Vacancy Method) | Rent verification document not provided. |  |  |  | Reviewer Comment (2025-09-16): Cleared XXXX listing and statement provided<br>Seller Comment (2025-09-12): (Rate Lock) This is a STR, and XXXX docs provided<br>Reviewer Comment (2025-09-04): Required is lease agreement to verify rental income for # 2405.<br>Seller Comment (2025-09-01): (Rate Lock) VOR provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117298 | XXXX | 34392744 | 200190265-2666 | XXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on XXXX, prior to three (3) business days from transaction date of XXXX. |  |  |  |  | Reviewer Comment (2025-09-15): System cleared.<br>Seller Comment (2025-09-11): Please see attached PCCD and the email to the borrower correcting the disbursement date. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117298 | XXXX | 34392815 | 200190265-30944 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003/Declarations: F. Are you a co-signer or guarantor on any debt or loan that is not disclosed on this application? reflects Yes. Missing documented and/or does not meet guideline requirements. | Borrower: XXXX |  |  |  |  | Reviewer Comment (2025-09-25): corrected document<br>Seller Comment (2025-09-23): Please see attached corrected 1003 | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117299 | XXXX | 34638029 | 200190268-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX XXXX, XXXXXXXX Statement | Require Mortgage Statement for XXXX XXXX, XXXXXXXX to identify PITIA. |  |  |  | Reviewer Comment (2025-10-15): Mortgage statement provided.<br>Seller Comment (2025-10-13): attached | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117299 | XXXX | 34638171 | 200190268-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | No evidence of appraisal being sent to borrower 3 days prior to closing. |  |  |  | Reviewer Comment (2025-10-17): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-10-16): Correction, lender accepts finding as a 2 finding, please clr and complete file. Thank you<br>Seller Comment (2025-10-15): Please waive as level 2<br>Reviewer Comment (2025-10-15): Evidence of receipt of the XXXX updated report was provided. Still missing the receipt of the XXXX report. Please provide, or exception can be waived as an EV2 exception.<br>Seller Comment (2025-10-10): attached | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117299 | XXXX | 34638172 | 200190268-34963 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Client:XXXX/XXXX) | No evidence of appraisal being sent to borrower 3 days prior to closing. |  |  |  | Reviewer Comment (2025-10-15): Delivery of 6/23 and 6/24 provided.<br>Reviewer Comment (2025-10-15): Evidence of receipt of the XXXX updated report was provided. Still missing the receipt of the XXXX report. Please provide, or exception can be waived as an EV2 exception.<br>Seller Comment (2025-10-10): attached | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117299 | XXXX | 34638278 | 200190268-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Exception has been requested - Requesting to Close with $XXXX rent loss coverage with required $XXXX to cover 6 Months PITIA. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-03): Lender Exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117299 | XXXX | 34638767 | 200190268-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Mortgage statement for XXXX Dr property missing from file. |  |  |  | Reviewer Comment (2025-10-15): Mortgage statement provided.<br>Seller Comment (2025-10-13): attached | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117299 | XXXX | 34643708 | 200190268-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 5.68 is less than Guideline PITIA months reserves of 6.00. |  | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-03): Lender exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117300 | XXXX | 34037681 | 200190273-2724 | XXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | 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 assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and may not be found in the file for loans that have not been previously sold) | Review and Mavent reflect a High Cost loan and Assignment Notice not provided. |  |  |  | Reviewer Comment (2025-09-19): HOEPA points and fees exception cured.<br>Reviewer Comment (2025-09-11): Missing PCCD and check from trailing docs.<br>Seller Comment (2025-09-09): (Rate Lock) Borrower's option selected; working on PCCD and check | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117300 | XXXX | 34037682 | 200190273-2729 | XXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | 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 | Review and Mavent reflect a High Cost loan and HOEPA disclosure was not provided to the Borrower |  |  |  | Reviewer Comment (2025-09-19): HOEPA points and fees exception cured.<br>Seller Comment (2025-09-18): (Rate Lock) Check and PCCD provided<br>Reviewer Comment (2025-09-11): Missing PCCD and check from trailing docs.<br>Seller Comment (2025-09-09): (Rate Lock) Borrower's option selected; working on PCCD and check | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117300 | XXXX | 34037683 | 200190273-2730 | XXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | 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 (2025-09-19): HOEPA points and fees exception cured.<br>Seller Comment (2025-09-18): (Rate Lock) Check and PCCD provided<br>Reviewer Comment (2025-09-11): Missing PCCD and check from trailing docs.<br>Seller Comment (2025-09-09): (Rate Lock) Borrower's option selected; working on PCCD and check | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117300 | XXXX | 34037684 | 200190273-2731 | XXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | 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 or grace period of less than 15 days. |  |  |  |  | Reviewer Comment (2025-09-19): HOEPA points and fees exception cured.<br>Seller Comment (2025-09-18): (Rate Lock) Check and PCCD provided<br>Reviewer Comment (2025-09-11): Missing PCCD and check from trailing docs.<br>Seller Comment (2025-09-09): (Rate Lock) Borrower's option selected; working on PCCD and check | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117300 | XXXX | 34037685 | 200190273-27560 | XXXX | Compliance | Compliance | Federal Compliance | 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 5.39466% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of XXXX on a Federal Total Loan Amount of XXXX vs. an allowable total of XXXX (an overage of XXXX or .39466%). Non-Compliant High Cost Loan. |  |  |  |  | Reviewer Comment (2025-09-19): XXXX received (1) Signed letter from borrower indicating their choice to accept refund and make loan non-high-cost, a copy of refund check and proof of mailing (in transit).<br>Seller Comment (2025-09-18): (Rate Lock) Check and PCCD provided<br>Reviewer Comment (2025-09-11): Missing PCCD and check from trailing docs.<br>Seller Comment (2025-09-09): (Rate Lock) Borrower's option selected; working on PCCD and check | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | (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. C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117300 | XXXX | 34037720 | 200190273-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 5.77 is less than Guideline PITIA months reserves of 6.00. | Calculated PITIA months reserves of 5.64 is less than Guideline PITIA months reserves of 6.00. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | XXXX | Reviewer Comment (2025-08-12): Lender Exception with Compensating Factors.<br>Seller Comment (2025-08-12): (Rate Lock) exception for reserves provided<br>Reviewer Comment (2025-08-07): This is a reserves exception, not an employment exception.<br>Seller Comment (2025-08-05): (Rate Lock) CPA letter confirms the borrower has been acting as an S corp since XXXX which is 2+ years. The business became a registered LLC in XXXX per the OA | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117300 | XXXX | 34037730 | 200190273-4838 | XXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (2015 Counseling Requirement) | Truth in Lending Act (HOEPA): Pre-loan counseling requirements not met. |  |  |  |  | Reviewer Comment (2025-09-19): HOEPA points and fees exception cured.<br>Seller Comment (2025-09-18): (Rate Lock) Check and PCCD provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117300 | XXXX | 34037731 | 200190273-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Verified reserves less than 6 months and missing documentation to support the business being operational for 2 years. CPA letter and Operating Agreement contradict each other. |  |  |  | Reviewer Comment (2025-08-20): Cleared.<br>Seller Comment (2025-08-17): (Rate Lock) Per CPA letter "XXXX XXXX was established on XXXX" therefore the business has been operating for at least 2 years. This is completely valid as a 3rd party confirmed the business has been operating since, please clear this. It is sufficient per our guidelines.<br>Reviewer Comment (2025-08-15): The business must be in existence and operating for<br> a minimum of 2 full years per guides. The business has been in existence for less than 1 year and 3.54 years in the same line of busines which is less than 4 years required.<br>Seller Comment (2025-08-13): (Rate Lock) The CPA letter is sufficient to confirm the business was opened prior to XXXX, therefore the business being opened as an LLC in XXXX is justified by the borrower being in the same line of work for 4 years.<br>Reviewer Comment (2025-08-12): The CPA letter states it is treated as an S-Corp for tax reasons, not that it is an S-Corp. If the company was started in 2024 and the borrower was self employed prior to XXXX, that shows same line of work. Not that the business has been open for 2 years, based on the Operating Agreement.<br>Seller Comment (2025-08-08): (Rate Lock) The CPA letter states it was an S-Corp and originated in XXXX. The OA then confirms in 2024 it became an LLC, therefore the business has been operating for 2+ years.<br>Reviewer Comment (2025-08-07): The Operating Agreement the borrower signed and dated shows the formation as XXXX. If there is another business please provide documentation to support this it. Was it a sole prop prior to LLC?<br>Seller Comment (2025-08-05): (Rate Lock) CPA letter confirms the borrower has been acting as an S corp since XXXX which is 2+ years. The business became a registered LLC in XXXX per the OA | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117300 | XXXX | 34037732 | 200190273-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Verified reserves less than 6 months and missing documentation to support the business being operational for 2 years. CPA letter and Operating Agreement contradict each other. |  |  |  | Reviewer Comment (2025-09-11): Cleared.<br>Reviewer Comment (2025-08-21): Verification of 2 years of the business being open required by a third party agency. Agree borrower is self-employed and has been for 2 years. Unable to take CPA letter for how long the business has been open.<br>Reviewer Comment (2025-08-20): Cleared.<br>Seller Comment (2025-08-17): (Rate Lock) Per CPA letter "XXXX XXXX was established on XXXX 3 2022" therefore the business has been operating for at least 2 years. This is completely valid as a 3rd party confirmed the business has been operating since, please clear this. It is sufficient per our guidelines.<br>Reviewer Comment (2025-08-15): The business must be in existence and operating for<br> a minimum of 2 full years per guides. The business has been in existence for less than 1 year and 3.54 years in the same line of busines which is less than 4 years required.<br>Seller Comment (2025-08-13): (Rate Lock) The CPA letter is sufficient to confirm the business was opened prior to 2024, therefore the business being opened as an LLC in 2024 is justified by the borrower being in the same line of work for 4 years.<br>Reviewer Comment (2025-08-12): Waived exception for reserves, but employment exception remains.<br>Seller Comment (2025-08-08): (Rate Lock) The CPA letter states it was an S-Corp and originated in 2022. The OA then confirms in 2024 it became an LLC, therefore the business has been operating for 2+ years.<br>Reviewer Comment (2025-08-07): The Operating Agreement the borrower signed and dated shows the formation as XXXX. If there is another business please provide documentation to support this it. Was it a sole prop prior to LLC?<br>Seller Comment (2025-08-05): (Rate Lock) CPA letter confirms the borrower has been acting as an S corp since 2022 which is 2+ years. The business became a registered LLC in 2024 per the OA | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117300 | XXXX | 34037733 | 200190273-33058 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Verified reserves less than 6 months and missing documentation to support the business being operational for 2 years. CPA letter and Operating Agreement contradict each other. |  |  |  | Reviewer Comment (2025-08-20): cleared.<br>Seller Comment (2025-08-17): (Rate Lock) Per CPA letter "XXXX XXXX was established on XXXX 3 2022" therefore the business has been operating for at least 2 years. This is completely valid as a 3rd party confirmed the business has been operating since, please clear this. It is sufficient per our guidelines.<br>Reviewer Comment (2025-08-15): The business must be in existence and operating for<br> a minimum of 2 full years per guides. The business has been in existence for less than 1 year and 3.54 years in the same line of busines which is less than 4 years required.<br>Seller Comment (2025-08-13): (Rate Lock) The CPA letter is sufficient to confirm the business was opened prior to 2024, therefore the business being opened as an LLC in 2024 is justified by the borrower being in the same line of work for 4 years.<br>Reviewer Comment (2025-08-12): Waived exception for reserves, but employment exception remains.<br>Seller Comment (2025-08-08): (Rate Lock) The CPA letter states it was an S-Corp and originated in 2022. The OA then confirms in 2024 it became an LLC, therefore the business has been operating for 2+ years.<br>Reviewer Comment (2025-08-07): The Operating Agreement the borrower signed and dated shows the formation as XXXX. If there is another business please provide documentation to support this it. Was it a sole prop prior to LLC?<br>Seller Comment (2025-08-05): (Rate Lock) CPA letter confirms the borrower has been acting as an S corp since 2022 which is 2+ years. The business became a registered LLC in 2024 per the OA | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117300 | XXXX | 34038387 | 200190273-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for multiple NSF/OD within the most recent 12 months | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | XXXX | Reviewer Comment (2025-07-25): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117300 | XXXX | 34038527 | 200190273-29640 | XXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Verified reserves less than 6 months. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | XXXX | Reviewer Comment (2025-08-12): Lender Exception with Compensating Factors.<br>Seller Comment (2025-08-12): (Rate Lock) exception for reserves provided<br>Reviewer Comment (2025-08-07): This is a reserves exception, not an employment exception.<br>Seller Comment (2025-08-05): (Rate Lock) CPA letter confirms the borrower has been acting as an S corp since 2022 which is 2+ years. The business became a registered LLC in 2024 per the OA | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117300 | XXXX | 34052278 | 200190273-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Operating Agreement and XXXX reflect the borrower's LLC has not been in business 2 years. LLC documentation signed XXXX. Provide documentation to support the business being operational prior to the Operating Agreement. |  |  |  | Reviewer Comment (2025-09-18): Cleared. Third Party verif provided to support pre close CPA letter.<br>Seller Comment (2025-09-16): (Rate Lock) proof CPA letter is valid that business has been operating since 2022<br>Reviewer Comment (2025-08-21): Verification of 2 years of the business being open required by a third party agency. Agree borrower is self-employed and has been for 2 years. Unable to take CPA letter for how long the business has been open.<br>Reviewer Comment (2025-08-20): Cleared.<br>Seller Comment (2025-08-17): (Rate Lock) Per CPA letter "XXXX XXXX was established on XXXX 3 2022" therefore the business has been operating for at least 2 years. This is completely valid as a 3rd party confirmed the business has been operating since, please clear this. It is sufficient per our guidelines.<br>Reviewer Comment (2025-08-12): Waived exception for reserves, but employment exception remains.<br>Seller Comment (2025-08-08): (Rate Lock) The CPA letter states it was an S-Corp and originated in 2022. The OA then confirms in 2024 it became an LLC, therefore the business has been operating for 2+ years.<br>Reviewer Comment (2025-08-07): The Operating Agreement the borrower signed and dated shows the formation as XXXX. If there is another business please provide documentation to support this it. Was it a sole prop prior to LLC?<br>Seller Comment (2025-08-05): (Rate Lock) CPA letter confirms the borrower has been acting as an S corp since 2022 which is 2+ years. The business became a registered LLC in 2024 per the OA | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117300 | XXXX | 34052319 | 200190273-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Loan file missing housing payment history. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | XXXX | Reviewer Comment (2025-08-07): Lender Exception with Comp Factors.<br>Seller Comment (2025-08-05): (Rate Lock) Exception provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117302 | XXXX | 34535950 | 200190297-4266 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Total cash-out discrepancy. | HUD-1 total cash-out of XXXX is greater than Guideline total cash-out of XXXX. | HUD-1 total cash-out of XXXX is greater than Guideline total cash-out of XXXX for a loan with an LTV greater than 60%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months | XXXX | Reviewer Comment (2025-10-01): Lender Exception<br>Seller Comment (2025-09-29): ATTACHED | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117304 | XXXX | 34296068 | 200190328-32065 | XXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  |  |  |  |  | Reviewer Comment (2025-09-02): Client accepts EV2.<br>Seller Comment (2025-08-28): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117304 | XXXX | 34296598 | 200190328-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. |  |  |  |  | Reviewer Comment (2025-09-30): Income documents provided. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117304 | XXXX | 34298697 | 200190328-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Missing 4506-C for the co-borrower. |  |  |  | Reviewer Comment (2025-09-29): 4506-C provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117304 | XXXX | 34298705 | 200190328-33058 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | 4506-C is missing for the co-borrower. |  |  |  | Reviewer Comment (2025-09-29): 4506-C provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117304 | XXXX | 34298714 | 200190328-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | 4506-C missing for the co-borrower. |  |  |  | Reviewer Comment (2025-09-29): 4506-C provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117305 | XXXX | 34587834 | 200190340-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.61 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Provide Lender exception Approval for DSCR calculation, Guidelines DSCR is 1 and calculated is less than 1. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's Own Funds Percent: 28.87%<br> Borrower's Own Funds Amount: $XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 785 | XXXX | Reviewer Comment (2025-10-07): Lender exception<br>Seller Comment (2025-10-06): (Rate Lock) This is part of the approved exception on the loan file - please review<br>Reviewer Comment (2025-09-30): 7.28: DSCR below 1.00 at 0.828<br>Seeking an LTV exception for the purchase of a condo in XXXX on DSCR to 80% LTV | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117305 | XXXX | 34598724 | 200190340-30725 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Vacation Rental Income Statement (XXXX, XXXX, etc.) not provided |  | Please provide 12 months of Operating History. Lender Correspondence state will be short-Term Rental. \*\*\* UPDATE XXXX - Provide XXXX, 12 months of Operating History from the Note date, and a 5th comparison as required by Guidelines. |  |  |  | Reviewer Comment (2025-10-22): Air Dna provided.<br>Reviewer Comment (2025-10-20): Please Provide XXXX that LO stated was pulled on or around XXXX, showing the monthly rent Calculation to be $XXXX.<br>Seller Comment (2025-10-20): (Rate Lock) $3180 was the amount used to calculate the DSCR for this loan, please review.<br>Reviewer Comment (2025-10-17): Please Provide XXXX that LO stated was pulled on or around XXXX, showing the monthly rent calculation to be $XXXX.<br>Seller Comment (2025-10-15): (Rate Lock) XXXX<br>Reviewer Comment (2025-10-10): Page 2 of 6, Unit Description section "Additional Features" states "The subject is currently used as 2 separate units (XXXX) with a solid partition wall dividing the interior living area.". The Pictures show "Additional Subject Photo Front Door" XXXX and "Additional Subject Photo Front Door" XXXX.<br>Seller Comment (2025-10-10): (Rate Lock) Per the appraisal this is a 1 unit - the 2 other units noted are on the comparable rents to state studio units in the complex - these are not part of the subject property.<br>Reviewer Comment (2025-10-08): Appraisal floor plan and comments indicate there are 2 units. XXXX required for both if income from both units is require. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117305 | XXXX | 34678122 | 200190340-4259 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Property type discrepancy. | Appraisal property type of Condotel does not match Guideline property type of Condo (High Rise). |  | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's Own Funds Percent: 28.87%<br> Borrower's Own Funds Amount: $XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 785 | XXXX | Reviewer Comment (2025-10-08): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117306 | XXXX | 34392246 | 200190386-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (2025-09-16): Client accepts EV2.<br>Seller Comment (2025-09-12): (Rate Lock) lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117306 | XXXX | 34392247 | 200190386-34962 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Client:XXXX/XXXX) |  |  |  |  | Reviewer Comment (2025-09-16): Client accepts EV2.<br>Seller Comment (2025-09-12): (Rate Lock) lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117306 | XXXX | 34392598 | 200190386-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (2025-09-09): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117306 | XXXX | 34392816 | 200190386-26033 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated XXXXas electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. (Initial/XXXX) |  |  |  |  | Reviewer Comment (2025-09-19): XXXX received proof of evidence that the initial disclosures are sent via by fulfillment.<br>Seller Comment (2025-09-18): (Rate Lock) Proof provided<br>Reviewer Comment (2025-09-15): XXXX Provide evidence showing LE was mailed. Exception will be re-reviewed once evidence is received.<br>Seller Comment (2025-09-12): (Rate Lock) LE sent via fulfillment and mailed to the borrower | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117307 | XXXX | 34401879 | 200190391-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender requested an exception which was approved to 1. exception request to qualify on rent schedule amount of $XXXX vs month to month rent amount reflected on appraisal of $XXXX as broker states there are no leases for tenants. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Miscellaneous | Lender Exception with Compensating Factors provided.<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2025-09-23): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-09-22): (Rate Lock) CF added<br>Reviewer Comment (2025-09-17): Please provide additional compelling compensating factors for consideration of downgrading/waiving exception.<br>Seller Comment (2025-09-15): (Rate Lock) Please clear - exception was approved<br>Reviewer Comment (2025-09-10): exception request to qualify on rent schedule amount of $XXXX vs month to month rent amount reflected on appraisal of $XXXX as broker states there are no leases for tenants | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117307 | XXXX | 34401893 | 200190391-578 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003 Error: Birth Date was not provided | Borrower: XXXX XXXX | XXXX XXXX is Authorized Signor |  |  |  | Reviewer Comment (2025-09-15): Received Patriot Act Customer Identification. Exception cleared. | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117307 | XXXX | 34401938 | 200190391-23086 | XXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of XXXX is less than Cash From Borrower XXXX. |  |  |  |  | Reviewer Comment (2025-09-16): Received closing statement for other property to used cash out proceed. Closing requirement is met. Exception Cleared.<br>Reviewer Comment (2025-09-15): File is missing verification of funds required to close. Exception remains. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117307 | XXXX | 34401973 | 200190391-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00. | Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 9.00 |  |  |  | Reviewer Comment (2025-09-16): Received closing statement for other property to used cash out proceed. Reserves requirement is met. Exception Cleared. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117308 | XXXX | 34193961 | 200190418-27840 | XXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Highest level secondary valuation does not support the value used to qualify. Sec ID: 7 | Note Date: XXXX; Lien Position: 1 | Desk Review associated |  |  |  | Reviewer Comment (2025-10-01): filed review provided<br>Seller Comment (2025-09-30): (Rate Lock) field review provided<br>Reviewer Comment (2025-09-11): Field Review or Full Appraisal required. Either would be sufficient.<br>Seller Comment (2025-09-08): (Rate Lock) Please advise what is preferred: a field review or a 2nd appraisal?<br>Reviewer Comment (2025-09-04): original appraisal provided. We need a higher level secondary valuation as the one currently in file does not support the value.<br>Seller Comment (2025-09-03): (Rate Lock) Docs provided<br>Reviewer Comment (2025-08-25): CDA is a Desk Review. Field review or Appraisal required. Desk review cannot override a desk review.<br>Seller Comment (2025-08-21): (Rate Lock) CDA provided<br>Reviewer Comment (2025-08-21): Different valuation model required. A Desk Review cannot be used to override a Desk Review.<br>Seller Comment (2025-08-15): (Rate Lock) Desk review provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117308 | XXXX | 34613068 | 200190418-30673 | XXXX | Property | Valuation | Valuation Issue | Valuation | The desk review has a effective date that is other than what the appraisal effective date is. The desk review should have the same effective date as the appraisal |  | Match date on field review |  |  |  | Reviewer Comment (2025-10-10): Correction provided.<br>Seller Comment (2025-10-08): (Rate Lock) Doc provided | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117308 | XXXX | 34705259 | 200190418-27855 | XXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Highest level secondary valuation supports the value. There is a lower level tertiary product that does not support the qualifying value. Sec ID: 22 | Note Date: XXXX; Lien Position: 1 |  |  |  |  | Reviewer Comment (2025-10-15): Client accept EV2 and elects to waive.<br>Seller Comment (2025-10-11): (Rate Lock) Please waive<br>Reviewer Comment (2025-10-10): Informational exception. This can be waived. | XXXX | XXXX | XXXX | 2 A B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117309 | XXXX | 34425166 | 200190422-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Monthly reserves is verified AND at least 4 months more than guideline minimum.<br>Qualifying DSCR higher than 1.1x, AND at least 0.1x higher than guideline minimum. | XXXX | Reviewer Comment (2025-09-12): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117309 | XXXX | 34425167 | 200190422-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 75.00000%. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Monthly reserves is verified AND at least 4 months more than guideline minimum.<br>Qualifying DSCR higher than 1.1x, AND at least 0.1x higher than guideline minimum. | XXXX | Reviewer Comment (2025-09-12): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117309 | XXXX | 34425173 | 200190422-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approve exception allowing ADU without comps. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Monthly reserves is verified AND at least 4 months more than guideline minimum.<br>Qualifying DSCR higher than 1.1x, AND at least 0.1x higher than guideline minimum. | XXXX | Reviewer Comment (2025-09-12): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117310 | XXXX | 34401737 | 200190451-5381 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided |  | Employer Identification Number (EIN) is not provided in file |  |  |  | Reviewer Comment (2025-09-16): EIN provided.<br>Seller Comment (2025-09-16): (Rate Lock) EIN provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117310 | XXXX | 34402542 | 200190451-578 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003 Error: Birth Date was not provided | Borrower: XXXX XXXX | Birth date is not provided in file |  |  |  | Reviewer Comment (2025-09-16): Not required DOB for signor.<br>Seller Comment (2025-09-16): (Rate Lock) birthday not needed for authorized signor<br>Reviewer Comment (2025-09-15): Please provided driving license or Patriot Act Customer Identification to verify birth date. Exception remains.<br>Seller Comment (2025-09-12): (Rate Lock) NBO please advise what docs need re-executed | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117310 | XXXX | 34402559 | 200190451-7901 | XXXX | Credit | Credit | Credit Documentation | Credit | OFAC was not checked and required per guidelines. | Credit Report: Original // Borrower: XXXX XXXX | OFAC report is not provided in file |  |  |  | Reviewer Comment (2025-09-16): Not required.<br>Seller Comment (2025-09-12): (Rate Lock) NBO please advise what docs need re-executed | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117310 | XXXX | 34402607 | 200190451-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 0.05 is less than Guideline PITIA months reserves of 6.00. | Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00. |  |  |  | Reviewer Comment (2025-09-23): HUD from Property sale provided.<br>Seller Comment (2025-09-19): (Rate Lock) HUD from 4th property shows borrower getting $XXXX<br>Reviewer Comment (2025-09-16): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117312 | XXXX | 34402899 | 200190472-578 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003 Error: Birth Date was not provided | Borrower: XXXX XXXX | Authorized signor |  |  |  | Reviewer Comment (2025-09-15): Birth Date is not require for authorized signor. Exception Cleared.<br>Seller Comment (2025-09-12): (Rate Lock) Not borrower, please advise what documents need re-executed without NBO | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117312 | XXXX | 34402973 | 200190472-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 0.49 is less than Guideline PITIA months reserves of 6.00. | Guidelines requires 6 months reserves, however only 0.14 months reserves available. |  |  |  | Reviewer Comment (2025-09-19): Cleared HUD provided.<br>Seller Comment (2025-09-19): (Rate Lock) HUD from 4th property shows borrower getting $XXXX<br>Reviewer Comment (2025-09-16): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated PITIA months reserves of 0.31 is less than Guideline PITIA months reserves of 6.00.<br>Reviewer Comment (2025-09-15): Received Closing statements for other properties. Require additional assets to fulfill reserves requirement of 6 months. Exception Remains.<br>Seller Comment (2025-09-12): (Rate Lock) reserves from cash out proceeds | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117312 | XXXX | 34413777 | 200190472-7901 | XXXX | Credit | Credit | Credit Documentation | Credit | OFAC was not checked and required per guidelines. | Credit Report: Original // Borrower: XXXX XXXX |  |  |  |  | Reviewer Comment (2025-09-16): Not required<br>Seller Comment (2025-09-12): (Rate Lock) Not borrower, please advise what documents need re-executed without NBO | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117313 | XXXX | 34201600 | 200190475-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Verification appraisal was delivered to borrower not provided in file. |  |  |  | Reviewer Comment (2025-08-22): lender accepts condition<br>Seller Comment (2025-08-20): (Rate Lock) Lender accepts EV2 and wishes to proceed | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117313 | XXXX | 34201602 | 200190475-1330 | XXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | List of Homeowner Counseling Organizations disclosure is missing. |  |  |  | Reviewer Comment (2025-08-22): lender accepts condition<br>Seller Comment (2025-08-20): (Rate Lock) Lender accepts EV2 and wishes to proceed | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117313 | XXXX | 34201603 | 200190475-2210 | XXXX | Compliance | Compliance | State Compliance | Misc. State Level | XXXX Consumer Sales Practices Act (Acknowledgement of Receipt of Home Mortgage Loan Information Document Not Retained by Lender) | XXXX Consumer Sales Practices Act: Acknowledgement of Receipt of Home Mortgage Loan Information Document not retained by lender. | Acknowledgment of Receipt of Home Mortgage Loan Information Document disclosure is missing. |  |  |  | Reviewer Comment (2025-08-22): Lender accepts condition<br>Seller Comment (2025-08-20): (Rate Lock) Lender accepts EV2 and wishes to proceed | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117313 | XXXX | 34201604 | 200190475-4931 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Closing Disclosure Issue Date Not Provided | TILA-RESPA Integrated Disclosure: Closing Disclosure estimated to be provided on XXXX did not disclose the actual Date Issued. Unable to conclusively determine Final Closing disclosure to use to test for compliance with applicable TRID timing requirements, TRID fee tolerance testing or accuracy of disclosures at or before consummation due to missing Issue Date. Tested using an estimated Date Issued based on best information available. (Initial/XXXX) | Date Issued is not provided. |  |  |  | Reviewer Comment (2025-10-13): XXXX received Lender Attestation on missing issue date CD not disclosed to borrower | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Good Faith Redisclosure C B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117313 | XXXX | 34201605 | 200190475-22522 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Of Payments | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XXXX). The disclosed Total of Payments in the amount of XXXX is under disclosed by XXXX compared to the calculated total of payments of XXXXhich exceeds the XXXX threshold. (Final/XXXX) | Final closing disclosure disclosed Total of Payments in the amount of XXXX is under disclosed by XXXX compared to the calculated total of payments of XXXXhich exceeds the XXXX threshold. |  |  |  | Reviewer Comment (2025-10-13): XXXX received Letter of Explanation, Proof of Delivery, Refund check & Corrected CD<br>Seller Comment (2025-10-10): (Rate Lock) Pictures of cashed check provided<br>Reviewer Comment (2025-09-26): XXXX received Corrected CD, LOE and copy of cure refund. Missing proof of mailing cure to borrower to finalize.<br>Seller Comment (2025-09-25): (Rate Lock) Docs provided<br>Reviewer Comment (2025-08-28): XXXX's testing approach as a TPR assumes that fee changes reflected on a PCCD are corrections, rather than updates of fees that would result from changes occurring after closing. That is, a lender incorrectly disclosed fees they were aware of (or should have been aware of) on the final CD and therefore issued a PCCD reflecting the actual fees that should have been disclosed on the final CD. Accordingly, XXXX will calculate the APR, Finance Charge and TOP based on corrected fees on the PCCD and cite exceptions if the APR, Finance Charge and TOP disclosed on the final CD (provided at or before consummation) are inaccurate based on the updated fees shown on PCCD. The reason for testing in this manner is that (1) 1026.17(b) (and related commentary) provides that disclosures must be made before consummation; (2) 1026.19(f)(1)(ii) and (f)(2)(ii) require the CD to be provided 3 business days before consummation; and (3) 1026.19(f)(2) and (ii) provide that the CD must be provided before or at consummation. Cures under 130(b) require the consumer does not pay an amount that exceeds the charge actually disclosed. Refund of the entire underdisclosed amount is required. The self-corrective cure provisions specifically requires the lender assure the consumer does not pay an amount that exceeds the charge actually disclosed. To accomplish this, a refund of the amount that was underdisclosed is required. Note: The correction does not reference bringing the amount that the loan was underdisclosed to an amount within the permissible tolerance to be considered accurate. If the lender only refunds the delta between the under-disclosure and the permissible tolerance, it would not be deemed to be a remediation in accordance with 130(b) and therefore by not refunding the entire amount the exception will remain as an EV3-C. Final CD Section D (which is used in calculation of TOP) was disclosed to borrower at consummation as $XXXX, then on Post Close CD, the fees increased and was disclosed as $XXXX and was underdisclosed at closing by XXXXhich is over the tolerance threshold which requires restitution to borrower.<br>Seller Comment (XXXX): (Rate Lock) The TOP calculation for each respective CD is accurate, no cure needed<br>Reviewer Comment (2025-08-21): Total of Payments violation is not related to APR/Finance Charges for its calculation. The issue is that the Final CD disclosed a TOP calculation that was underdisclosed due to the Section D fee totals increased on the XXXX Post Close CD over tolerance threshold. Fees were underdisclosed $XXXX and requires a cure to borrower. Corrected CD, LOE to borrower, copy of cure refund of $XXXX and proof of mailing.<br>Seller Comment (2025-08-20): (Rate Lock) Please confirm the fees included in APR calculation | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117313 | XXXX | 34201606 | 200190475-7038 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/XXXX) | Initial closing disclosure is issues less than 6 days prior to closing. |  |  |  | Reviewer Comment (2025-08-21): XXXX: The CD dated 0XXXX received to borrower prior to 3 business days from the date of consummation.<br>Seller Comment (2025-08-20): (Rate Lock) ICD sent XXXX and signed XXXX ESD is XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117313 | XXXX | 34201609 | 200190475-6340 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Settlement Service Provider Status | TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. | Settlement Service Providers List disclosure is not provided. |  |  |  | Reviewer Comment (2025-08-26): XXXX received updated Settlement Service Provider List. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117313 | XXXX | 34201610 | 200190475-6543 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. Insufficient or no cure was provided to the borrower. (0) | Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. No valid change in circumstance or cure for borrower provided. |  |  |  | Reviewer Comment (2025-08-26): XXXX received updated SSPL, the consumer was shopped for the services, and the fee is within that tolerance requirement.<br>Seller Comment (2025-08-25): (Rate Lock) SSPL provided<br>Reviewer Comment (2025-08-21): XXXX: The file does not contain a Settlement Service Providers List. The SSPL is necessary to determine the tolerance and whether the borrower shopped for services.<br>Seller Comment (2025-08-20): (Rate Lock) Borrower shopped for fees | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117313 | XXXX | 34201611 | 200190475-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. XXXX | Appraisal Fee increased from XXXX to XXXX, an increase of XXXX, without a valid changed circumstance document in file. No cure provided. |  |  |  | Reviewer Comment (2025-08-21): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception.<br>Seller Comment (2025-08-20): (Rate Lock) CD signed at close reflected the cure | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117313 | XXXX | 34296288 | 200190475-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (2025-08-26): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117314 | XXXX | 34351394 | 200190476-5404 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Account Statements - Business |  |  |  |  | Reviewer Comment (2025-10-06): XXXX XXXX stmt provided.<br>Reviewer Comment (2025-10-03): Bank statement for XXXX for acct XXXX is missing from the loan file.<br>Reviewer Comment (2025-09-11): Bank statement for XXXX for XXXX acct XXXX is missing from the trailing docs.<br>Reviewer Comment (2025-09-11): Cleared. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117314 | XXXX | 34351449 | 200190476-23688 | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: HXXXXard insurance coverage amount is insufficient. |  |  |  |  |  | Reviewer Comment (2025-10-28): Replacement cost Estimator provided.<br>Reviewer Comment (2025-09-11): Cleared. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117314 | XXXX | 34351451 | 200190476-27655 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided |  | UPDATE XXXX - Bank statement for XXXX for acct XXXX is missing from the loan file. |  |  |  | Reviewer Comment (2025-10-06): XXXX XXXX stmt provided.<br>Reviewer Comment (2025-10-03): UPDATE XXXX - Bank statement for XXXX for acct XXXX is missing from the loan file. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117314 | XXXX | 34351465 | 200190476-32884 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Bank Statement Guidelines Number of Bank Statements Requirement not met | Ability to Repay (Dodd-Frank 2014): The number of bank statements provided for borrower's bank statement income was less than the number required by guidelines. (XXXX,XXXX XXXX XXXX LLC/Bank Statements) |  |  |  |  | Reviewer Comment (2025-10-06): Statement provided.<br>Reviewer Comment (2025-10-03): Bank statement for XXXX for acct XXXX is missing from the loan file. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117314 | XXXX | 34351471 | 200190476-3677 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Loan designation discrepancy due to Bank statement is missing |  |  |  | Reviewer Comment (2025-10-06): Statement provided.<br>Reviewer Comment (2025-10-03): Bank statement for XXXX for acct XXXX is missing from the loan file. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117314 | XXXX | 34351472 | 200190476-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Bank statement is missing |  |  |  | Reviewer Comment (2025-10-06): Bank statement provided.<br>Reviewer Comment (2025-10-03): Bank statement for XXXX for acct XXXX is missing from the loan file. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117314 | XXXX | 34351473 | 200190476-4204 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Bank statement is missing |  |  |  | Reviewer Comment (2025-10-06): Statement provided. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117314 | XXXX | 34351478 | 200190476-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. XXXX | Transfer Tax. Fee Amount of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrow |  |  |  | Reviewer Comment (2025-10-02): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Reviewer Comment (2025-10-01): XXXX received Post CD and proof of mailing. However, we would also require Copy of refund check and LOX.<br>Reviewer Comment (2025-09-11): XXXX Transfer tax increased on CD dated 08/25 without valid COC. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117314 | XXXX | 34356462 | 200190476-33058 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Miss 12 month consecutive statements. Please provide XXXX for XXXX acct XXXX |  |  |  | Reviewer Comment (2025-09-29): cleared<br>Reviewer Comment (2025-09-11): Bank statement for XXXX for XXXX acct XXXX is missing from the trailing docs.<br>Reviewer Comment (2025-09-11): Cleared. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117314 | XXXX | 34356493 | 200190476-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Miss 12 month consecutive statements. Please provide XXXX for XXXX acct XXXX |  |  |  | Reviewer Comment (2025-09-29): cleared<br>Reviewer Comment (2025-09-11): Bank statement for XXXX for XXXX acct XXXX is missing from the trailing docs.<br>Reviewer Comment (2025-09-11): Cleared. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117314 | XXXX | 34656825 | 200190476-25427 | XXXX | Credit | Guideline | Guideline Issue | Guideline | More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period. |  |  | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | XXXX | Reviewer Comment (2025-10-06): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117319 | XXXX | 34480764 | 200190522-4433 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow - Reason | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. (Final/XXXX) | Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account on page 3 |  |  |  | Reviewer Comment (2025-09-23): XXXX Received Letter of Explanation & Corrected Closing Disclosure.<br>Seller Comment (2025-09-22): (Rate Lock) PCCD provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117319 | XXXX | 34480765 | 200190522-7038 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/XXXX) | Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. |  |  |  | Reviewer Comment (2025-09-23): XXXX received 8/12 CD received 3 business days prior to consummation.<br>Seller Comment (2025-09-22): (Rate Lock) ICD provided; sent XXXX and mailbox rule can assume borrower received XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117320 | XXXX | 34538570 | 200190567-4507 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate Of Good Standing is Missing in File |  |  |  | Reviewer Comment (2025-09-29): Certificate Of Good Standing<br>Seller Comment (2025-09-25): (Rate Lock) Certificate of Good Standing is not applicable for the borrowing entity. The LLC was newly formed on XXXX. See attached articles. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117321 | XXXX | 34371467 | 200190583-34957 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-09-11): XXXX received valid rate lock document<br>Seller Comment (2025-09-10): The $XXXX lender credit you reference was on the initial LE which shows the interest rate was NOT locked. The valid COC rate lock LE dated XXXX shows the correct lender credit associated with the lock of XXXX. Providing Lock Confirmation that confirms date of lock is XXXX supporting the COC LE. Providing both LE's and Lock Confirmation, to clear this.<br>Reviewer Comment (2025-09-10): XXXX Lender Credit decreased to XXXX from $XXXX on revised LE dated 0XXXX without valid COC. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.<br>Seller Comment (2025-09-09): ICD<br>Seller Comment (2025-09-09): The lender applied the XXXX credit towards the borrower's credit report. Please review initial CD, Credit Report - XXXX Lender Paid. Providing initial LE and Initial CD showing the chain of events. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117322 | XXXX | 34496602 | 200190600-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower has 13 NSFs, and 3 Overdrafts in the most recent 12 months period. Exceeding the guideline maximum of 6. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: $XXXX<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 18.14388% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 711 | XXXX | Reviewer Comment (2025-10-02): Needs to be waived.<br>Reviewer Comment (2025-10-02): Lender Exception with Comp Factors.<br>Reviewer Comment (2025-09-24): using proceed for reserves<br>Seller Comment (2025-09-22): (Rate Lock) Approved exception provided, please advise what else is needed<br>Reviewer Comment (2025-09-22): Compensating Factors:<br> Using Cashout proceeds to meet Reserve requirements<br>Borrower Exception Requested:<br> Borrower has XXXX NSFs, and XXXX Overdrafts in the most recent 12mo period. Exceeding the guideline maximum of 6.<br>9/8: Update: borrower unable to meet the 6 mos reserve requirement - intends to use only funds from closing which is slightly less than 4 mos of reserves | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117322 | XXXX | 34496710 | 200190600-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 4.66 is less than Guideline PITIA months reserves of 6.00. | Calculated PITIA months reserves of 4.66 is less than Guideline PITIA months reserves of 6.00. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: $XXXX<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 18.14388% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 711 | XXXX | Reviewer Comment (2025-10-02): Compensating Factors provided.<br>Reviewer Comment (2025-10-02): Exceptions and CF reset.<br>Reviewer Comment (2025-09-24): Using Cashout proceeds to meet Reserve requirements<br>Seller Comment (2025-09-22): (Rate Lock) Approved exception provided, please advise what else is needed<br>Reviewer Comment (2025-09-22): Compensating Factors:<br> Using Cashout proceeds to meet Reserve requirements<br>Borrower Exception Requested:<br> Borrower has 13 NSFs, and 3 Overdrafts in the most recent 12mo period. Exceeding the guideline maximum of 6.<br>9/8: Update: borrower unable to meet the 6 mos reserve requirement - intends to use only funds from closing which is slightly less than 4 mos of reserves | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117322 | XXXX | 34496741 | 200190600-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Calculated PITIA months reserves of 4.66 is less than Guideline PITIA months reserves of 6.00. |  |  |  | Reviewer Comment (2025-10-02): System cleared. Lender Exception with CF provided.<br>Reviewer Comment (2025-10-02): Exceptions and CF reset.<br>Reviewer Comment (2025-09-29): Lender exception<br>Seller Comment (2025-09-25): (Rate Lock) Please clear as other conditions cleared. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117322 | XXXX | 34496742 | 200190600-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Calculated PITIA months reserves of 4.66 is less than Guideline PITIA months reserves of 6.00. |  |  |  | Reviewer Comment (2025-10-02): System cleared. Lender Exception with CF provided.<br>Reviewer Comment (2025-10-02): Exceptions and CF reset.<br>Reviewer Comment (2025-09-24): Using Cashout proceeds to meet Reserve requirements<br>Seller Comment (2025-09-22): (Rate Lock) Approved exception provided, please advise what else is needed | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117322 | XXXX | 34511925 | 200190600-33058 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Reserves of 6 months not met. |  |  |  | Reviewer Comment (2025-10-02): System cleared. Lender Exception with CF provided.<br>Reviewer Comment (2025-10-02): Exceptions and CF reset.<br>Reviewer Comment (2025-09-24): Using Cashout proceeds to meet Reserve requirements<br>Seller Comment (2025-09-22): (Rate Lock) Approved exception provided, please advise what else is needed | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117322 | XXXX | 34511935 | 200190600-29640 | XXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Reserves of 6 months not met. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 18.14388% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 711 | XXXX | Reviewer Comment (2025-10-02): Lender Exception with Compensating Factors.<br>Reviewer Comment (2025-10-02): Exceptions and CF reset.<br>Reviewer Comment (2025-09-24): Using Cashout proceeds to meet Reserve requirements<br>Seller Comment (2025-09-22): (Rate Lock) Approved exception provided, please advise what else is needed<br>Reviewer Comment (2025-09-22): Compensating Factors:<br> Using Cashout proceeds to meet Reserve requirements<br>Borrower Exception Requested:<br> Borrower has XXXX NSFs, and XXXX Overdrafts in the most recent 12mo period. Exceeding the guideline maximum of 6.<br>9/8: Update: borrower unable to meet the 6 mos reserve requirement - intends to use only funds from closing which is slightly less than 4 mos of reserves | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117323 | XXXX | 34476600 | 200190622-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.75 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Lender requested an exception which was approved for <1.0 DSCR. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Lender Compensating Factor.<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2025-09-26): Lender Exception with Compensating Factors.<br>Reviewer Comment (2025-09-26): Lender requested an exception which was approved for <1.0 DSCR. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception.<br>Seller Comment (2025-09-24): (Rate Lock) CF updated please review | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117324 | XXXX | 34589966 | 200190630-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception for lack of 3 comparable sales with similar resale restrictions. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | XXXX | Reviewer Comment (2025-10-03): Waived with CF.<br>Seller Comment (2025-10-01): (Rate Lock) Please clear<br>Reviewer Comment (2025-09-30): Lender exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117324 | XXXX | 34589978 | 200190630-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception to proceed with age related deed restriction on a cash-out refinance. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | XXXX | Reviewer Comment (2025-10-03): Lender Exception and CF provided.<br>Seller Comment (2025-10-01): (Rate Lock) Please clear<br>Reviewer Comment (2025-09-30): Lender exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117325 | XXXX | 34536511 | 200190642-6582 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. Sufficient or excess cure was provided to the borrower at Closing. (0) | Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. Sufficient cure is required. |  |  |  | Reviewer Comment (2025-09-24): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Rate/Term | Final CD evidences Cure A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117326 | XXXX | 34478222 | 200190656-2798 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Final 1003 Document not provided. |  |  |  | Reviewer Comment (2025-09-26): Final 1003 Document provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117326 | XXXX | 34478324 | 200190656-7038 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/XXXX) | Closing Disclosure not provided to Borrower three business days prior to closing. |  |  |  | Reviewer Comment (2025-09-25): XXXX received CD dated XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117326 | XXXX | 34478729 | 200190656-7087 | XXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA - Initial Escrow Account Statement Missing | RESPA: Initial escrow account statement was not provided to the borrower. |  |  |  |  | Reviewer Comment (2025-09-26): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-24): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117326 | XXXX | 34478734 | 200190656-18604 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien | TRID Final Closing Disclosure XXXX on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Final/XXXX) | Missing seller CD. |  |  |  | Reviewer Comment (2025-09-25): XXXX received closing statement | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117327 | XXXX | 34481915 | 200190657-30168 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Interim Closing Disclosure Timing Test | TILA-RESPA Integrated Disclosure – Corrected Closing Disclosure provided on or after XXXX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation |  |  |  |  | Reviewer Comment (2025-09-24): XXXX received LOA to remove document(s) XXXX estimated to be provided on XXXX, from testing as not provided to the borrower. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | TRID timing exception, no remediation available. C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117327 | XXXX | 34481916 | 200190657-23896 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Revised Loan Estimate Issue Date > Closing Disclosure Issue Date | TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided. (Interim/XXXX) |  |  |  |  | Reviewer Comment (2025-09-24): XXXX received LOA to remove document(s) XXXX estimated to be provided on XXXX, from testing as not provided to the borrower.<br>Seller Comment (2025-09-24): (Rate Lock) ICD was XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | No Defined cure C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117327 | XXXX | 34481918 | 200190657-4931 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Closing Disclosure Issue Date Not Provided | TILA-RESPA Integrated Disclosure: Closing Disclosure estimated to be provided on XXXX did not disclose the actual Date Issued. Unable to conclusively determine Final Closing disclosure to use to test for compliance with applicable TRID timing requirements, TRID fee tolerance testing or accuracy of disclosures at or before consummation due to missing Issue Date. Tested using an estimated Date Issued based on best information available. (Initial/XXXX) | Date issued missing on CD. |  |  |  | Reviewer Comment (2025-09-24): XXXX received LOA to remove document(s) XXXX estimated to be provided on XXXX, from testing as not provided to the borrower. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Good Faith Redisclosure C A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117328 | XXXX | 34531811 | 200190659-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 5.31 is less than Guideline PITIA months reserves of 6.00. | Verified and Captured the available assets, still Assets requirement not met, due to which this exception fired. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Documentation Type: 24mo Bank Statement<br> Disposable Income: $XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 15.74%<br> Borrower's Own Funds Amount: $XXXX | XXXX | Reviewer Comment (2025-10-01): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-29): (Rate Lock) EV2 accept please waive<br>Reviewer Comment (2025-09-24): Compensating Factors:<br> 10 months reserves<br>Borrower Exception Requested:<br> 9/11: Borrowers rental income receipt is deposited into business account (not separate) and explains keeps it business as preference - Underwriter has backed out all deposits to not be double counted. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117328 | XXXX | 34531826 | 200190659-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Verified and Captured the available assets, still Assets requirement not met, due to which this exception fired. |  |  |  | Reviewer Comment (2025-10-08): System cleared after Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-10-08): Comp Factors provided.<br>Reviewer Comment (2025-10-03): lender expection<br>Seller Comment (2025-10-01): (Rate Lock) Please review the exception on the loan file. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117328 | XXXX | 34531827 | 200190659-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Reserves requirement of 6 months not met. |  |  |  | Reviewer Comment (2025-10-08): System cleared after Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-10-08): Comp Factors provided.<br>Reviewer Comment (2025-09-24): Compensating Factors:<br> 10 months reserves<br>Borrower Exception Requested:<br> 9/11: Borrowers rental income receipt is deposited into business account (not separate) and explains keeps it business as preference - Underwriter has backed out all deposits to not be double counted. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117329 | XXXX | 34448302 | 200190662-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 1.00 is less than Guideline PITIA months reserves of 6.00. | Assets are insufficient to satisfy reserve requirement. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's Own Funds Percent: 21.34%<br> Borrower's Own Funds Amount: $131,279.47<br>Guidelines Representative FICO: 660<br> Representative FICO: 713 | XXXX | Reviewer Comment (2025-09-16): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117333 | XXXX | 34398207 | 200190685-5404 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Account Statements - Business | File is missing business account statement XXXX for the month of XXXX. |  |  |  | Reviewer Comment (2025-09-19): Cleared bank statement provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117333 | XXXX | 34398216 | 200190685-27655 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided |  | File is missing business account statement XXXX for the month of XXXX. |  |  |  | Reviewer Comment (2025-09-19): Cleared bank statement provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117333 | XXXX | 34398217 | 200190685-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | File is missing business account statement XXXX for the month of XXXX. |  |  |  | Reviewer Comment (2025-09-19): Cleared bank statement provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117334 | XXXX | 34277182 | 200190691-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception requested to allow 22 overdrafts in last 12 months. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | XXXX | Reviewer Comment (2025-09-16): Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-08-25): LTV under 70% FICO 740 | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117334 | XXXX | 34277366 | 200190691-26684 | XXXX | Property | Appraisal | Appraisal Reconciliation | Appraisal | Missing secondary valuation viaDesk Review, Field Review, or 2nd URAR, as required by client. |  |  |  |  |  | Reviewer Comment (2025-09-02): Cleared. CDA provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117335 | XXXX | 34540919 | 200190699-6336 | XXXX | Compliance | Compliance | State Compliance | Misc. State Level | (XXXX50(a)(6)) XXXX Cash-out Loan (T-42 Endorsement Not Obtained) | XXXX Constitution Section 50(a)(6): Acceptable FNMA title insurance endorsements not obtained for home equity loan. The loan file does not evidence the Title Policy includes the XXXX T-42 endorsement or the T-42.1 endorsement. (The loan is a XXXX Section 50 (a)(6) home equity loan.) |  |  |  |  | Reviewer Comment (2025-09-30): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-26): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117336 | XXXX | 34530589 | 200190716-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.76 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR is less than 1.00 at 0.75. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 102.79<br> Guideline Requirement: 6.00<br>Combined Loan to Value: 39.89097%<br> Guideline Maximum Combined Loan to Value: 75.00000%<br>Loan to Value: 39.89097%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 808 | XXXX | Reviewer Comment (2025-09-30): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-26): (Rate Lock) Please waive EV2<br>Reviewer Comment (2025-09-25): LTV less than 70%, AND at least 5% less than guideline maximum; FICO higher than 740, AND at least 20 points higher than guideline minimum; Monthly reserves is verified AND at least 4 months more than guideline minimum | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117338 | XXXX | 34494969 | 200190729-2798 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | 1003 Final is missing in the file |  |  |  | Reviewer Comment (2025-09-26): Document Provided<br>Seller Comment (2025-09-24): (Rate Lock) See attached final loan application. This is signed by the borrower in lieu of the 1003 form. Our application is designed specifically for DSCR / business purpose loans.<br>Reviewer Comment (2025-09-24): 1003 Final is missing in the file<br>Seller Comment (2025-09-22): (Rate Lock) See attached final loan application | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117338 | XXXX | 34494970 | 200190729-28580 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Cash-Out Utilization not provided |  | Cash-Out Utilization is missing in the file |  |  |  | Reviewer Comment (2025-09-24): provided<br>Seller Comment (2025-09-22): (Rate Lock) Cash-out utilization is stated in the final loan application. See pg 3 of the attached. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117338 | XXXX | 34494971 | 200190729-4507 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of Good Standing is missing in the file |  |  |  | Reviewer Comment (2025-09-24): provided<br>Seller Comment (2025-09-22): (Rate Lock) See attached COGS | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117338 | XXXX | 34494972 | 200190729-4062 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  | Corporate Resolution is missing in the file |  |  |  | Reviewer Comment (2025-09-24): provided<br>Seller Comment (2025-09-22): (Rate Lock) See attached resolution | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117338 | XXXX | 34494973 | 200190729-5380 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Operating Agreement is missing in the file |  |  |  | Reviewer Comment (2025-09-24): provided<br>Seller Comment (2025-09-22): (Rate Lock) See attached corporate bylaws | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117339 | XXXX | 34580036 | 200190734-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.76 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 36.73<br> Guideline Requirement: 6.00<br>Combined Loan to Value: 61.68831%<br> Guideline Maximum Combined Loan to Value: 75.00000%<br>Loan to Value: 61.68831%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 807 | XXXX | Reviewer Comment (2025-10-01): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-30): (Rate Lock) please waive<br>Reviewer Comment (2025-09-29): Lender exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117341 | XXXX | 34411654 | 200190736-24197 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: 1007 Rent Comparison Schedule not provided |  | 1007 Rent Comparison Schedule is not provided. |  |  |  | Reviewer Comment (2025-09-30): N/A<br>Reviewer Comment (2025-09-29): 1007 Rent Comparison Schedule is needed<br>Seller Comment (2025-09-25): (Rate Lock) Renal income is not being used so market rents were provided, please review.<br>Reviewer Comment (2025-09-24): 1007 Rent Comparison Schedule is not provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117343 | XXXX | 34481863 | 200190749-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for rural property, XXXX acres. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Monthly reserves is verified AND at least 4 months more than guideline minimum.<br>LTV less than 70%, AND at least 5% less than guideline maximum.<br>Qualifying DSCR higher than 1.1x, AND at least 0.1x higher than guideline minimum. | XXXX | Reviewer Comment (2025-09-17): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117343 | XXXX | 34481873 | 200190749-7905 | XXXX | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | Borrower: XXXX XXXX XXXX | Lender approved exception for FTHB who currently lives 800 miles away. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Monthly reserves is verified AND at least 4 months more than guideline minimum.<br>LTV less than 70%, AND at least 5% less than guideline maximum.<br>Qualifying DSCR higher than 1.1x, AND at least 0.1x higher than guideline minimum. | XXXX | Reviewer Comment (2025-09-17): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117344 | XXXX | 34549474 | 200190752-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (2025-10-01): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-30): (Rate Lock) Please waive EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117344 | XXXX | 34549482 | 200190752-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (2025-09-25): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117344 | XXXX | 34549483 | 200190752-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (2025-09-25): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117344 | XXXX | 34550441 | 200190752-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception approved 20 NSF's in the last 12 months when maximum allowed is 6. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: $XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 64.95<br> Guideline Requirement: 6.00<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>Loan to Value: 64.81037%<br> Guideline Maximum Loan to Value: 80.00000%<br>DTI: 26.77363% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 703 | XXXX | Reviewer Comment (2025-10-01): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-30): (Rate Lock) Please waive EV2<br>Reviewer Comment (2025-09-26): Monthly reserves is verified AND at least 4 months more than guideline minimum; Qualifying DTI less than 35%, AND at least 10% less than guideline maximum; Housing payment history is 0x30x24 or better; Borrower has worked in same job more than 3 years; Borrower has worked in same industry more than 5 years; Borrower has verified residual income (disposable income) of at least XXXX per month | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117344 | XXXX | 34550444 | 200190752-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception approved 20 NSF's in the last 12 months when maximum allowed is 6. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: $XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 64.95<br> Guideline Requirement: 6.00<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>Loan to Value: 64.81037%<br> Guideline Maximum Loan to Value: 80.00000%<br>DTI: 26.77363% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 703 | XXXX | Reviewer Comment (2025-10-01): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-30): (Rate Lock) Please waive EV2<br>Reviewer Comment (2025-09-26): Monthly reserves is verified AND at least 4 months more than guideline minimum; Qualifying DTI less than 35%, AND at least 10% less than guideline maximum; Housing payment history is 0x30x24 or better; Borrower has worked in same job more than 3 years; Borrower has worked in same industry more than 5 years; Borrower has verified residual income (disposable income) of at least XXXX per month | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117345 | XXXX | 34391079 | 200190753-33630 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Non Escrow Costs Year 1 Overdisclosed - XXXX | TILA-RESPA Integrated Disclosure - Loan Disclosures: Non Escrowed Property Costs over Year 1 of XXXX on Final Closing Disclosure provided on XXXX are overdisclosed. (Final/XXXX) | Non Escrowed Property Costs over Year 1 of XXXX on Final Closing Disclosure provided on XXXX are overdisclosed. |  |  |  | Reviewer Comment (2025-09-09): Clear exception amount is $XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117346 | XXXX | 34474739 | 200190765-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for a rural property with XXXX acres vs max 10 acres. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 21.79<br> Guideline Requirement: 6.00<br>Loan to Value: 31.06796%<br> Guideline Maximum Loan to Value: 70.00000% | XXXX | Reviewer Comment (2025-09-17): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117348 | XXXX | 34413347 | 200190775-7038 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/XXXX) | Initial CD Issued less than 6 days prior to closing and received by the borrower less than 3 business days prior to closing. |  |  |  | Reviewer Comment (2025-09-17): XXXX received initial CD.<br>Seller Comment (2025-09-16): (Rate Lock) ICD provided along with proof "XXXX<br> viewed the envelope<br> in a session hosted<br> by XXXX, Inc.<br> [documents:(Closing<br> Disclosure;<br> Acknowledgement of<br> Receipt of CD)]" | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | No Defined Cure A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117349 | XXXX | 34472462 | 200190776-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for the subject being vacant and rural. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Monthly reserves is verified AND at least 4 months more than guideline minimum.<br>Qualifying DSCR higher than 1.1x, AND at least 0.1x higher than guideline minimum. | XXXX | Reviewer Comment (2025-09-17): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117349 | XXXX | 34472472 | 200190776-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 70.00000% exceeds Guideline loan to value percentage of 60.00000%. | LTV of 70% exceeds the guideline max of 60% for a rural property in a declining market. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Monthly reserves is verified AND at least 4 months more than guideline minimum.<br>Qualifying DSCR higher than 1.1x, AND at least 0.1x higher than guideline minimum. | XXXX | Reviewer Comment (2025-09-17): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117349 | XXXX | 34472473 | 200190776-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 70.00000% exceeds Guideline combined loan to value percentage of 60.00000%. | LTV of 70% exceeds the guideline max of 60% for a rural property in a declining market. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Monthly reserves is verified AND at least 4 months more than guideline minimum.<br>Qualifying DSCR higher than 1.1x, AND at least 0.1x higher than guideline minimum. | XXXX | Reviewer Comment (2025-09-17): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117350 | XXXX | 34425776 | 200190794-2724 | XXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | 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 assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and may not be found in the file for loans that have not been previously sold) | Required Statement was not provided to purchaser or assignee for loan that was sold or assigned. |  |  |  | Reviewer Comment (2025-10-03): Not high cost.<br>Reviewer Comment (2025-10-03): Sent to Compliance.<br>Seller Comment (2025-10-01): (Rate Lock) PCCD provided showing the general seller credit (a part thereof) being applied specifically to certain fees (i.e., loan discounts)<br>Reviewer Comment (2025-10-01): To remedy the HOEPA points and fees overage, one of two options are available:<br> Within 60 days of consummation, provide an itemization for the application of the general seller credit towards the discount points (note it cannot be applied to broker compensation as all broker comp must be included, regardless of who is paying it);<br> OR<br> Within 60 days of consummation, provide a corrected PCCD reflecting the general seller credit (or a part thereof) to be applied specifically to certain fees (i.e., loan discounts);<br> OR<br> ‎Cure the HOEPA overage through a choice letter to the borrower where they would have the option to either (a) receive a refund for the overage and take the loan out of high-cost; or (b) keep the loan as high-cost (no refund offered) and cure any remaining HOEPA prohibited practice exceptions to make the loan a "compliant" HOEPA loan.<br>Seller Comment (2025-09-25): (Rate Lock) TRID Grid 4.0 isn't a regulatory requirement and isn't required under 1026.32. 1026.4(c)(5) removes the Seller's Points which are points they are obligated to pay. As disclosed on the CDs and provided to all parties, the Seller agreed to pay the XXXX and thus became obligated to the payment. Since the purchase contract is general, once they agreed to pay for certain items, they became obligated.<br>Reviewer Comment (2025-09-23): XXXX tests loans pursuant to TRID Grid 4.0. Under that review scope, when a general lender/seller credit is provided, we do not make a presumption that credit can offset points and fees for high-cost loans by default. We apply a waterfall approach if there is not an itemization in file that shows towards what fee(s) the general credit was intended to be applied. On this loan, without an itemization of credit, the XXXX general credit is used up applying to non-finance charges that are high cost before even applying to non-high cost finance charges or fees that are included in the high cost test. Please indicate if you require the TRID Grid 4.0 used for review.<br>Seller Comment (2025-09-18): (Rate Lock) Remaining fee does not need to be itemized at is closed with that amount as a credit. The purchase contract states on page 6 the seller is to cover the XXXX of the applied points and fees and an amount to not exceed XXXX to be applied to other buyer's expenses. This is a valid itemization of the credit per the contract and the loan is not high cost.<br>Reviewer Comment (2025-09-18): The seller credit of XXXX needs to be itemized in order to apply it to any high cost points and fees. Required is a document from closing that itemizes the full credit.<br>Seller Comment (2025-09-16): (Rate Lock) Loan closed with seller paying portion of points and fees; points and fees were XXXX which is within tolerance. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117350 | XXXX | 34425777 | 200190794-2729 | XXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | 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 (2025-10-03): Not high cost.<br>Reviewer Comment (2025-10-01): To remedy the HOEPA points and fees overage, one of two options are available:<br> Within 60 days of consummation, provide an itemization for the application of the general seller credit towards the discount points (note it cannot be applied to broker compensation as all broker comp must be included, regardless of who is paying it);<br> OR<br> Within 60 days of consummation, provide a corrected PCCD reflecting the general seller credit (or a part thereof) to be applied specifically to certain fees (i.e., loan discounts);<br> OR<br> ‎Cure the HOEPA overage through a choice letter to the borrower where they would have the option to either (a) receive a refund for the overage and take the loan out of high-cost; or (b) keep the loan as high-cost (no refund offered) and cure any remaining HOEPA prohibited practice exceptions to make the loan a "compliant" HOEPA loan.<br>Seller Comment (2025-09-25): (Rate Lock) TRID Grid 4.0 isn't a regulatory requirement and isn't required under 1026.32. 1026.4(c)(5) removes the Seller's Points which are points they are obligated to pay. As disclosed on the CDs and provided to all parties, the Seller agreed to pay the XXXX in points and thus became obligated to the payment. Since the purchase contract is general, once they agreed to pay for certain items, they became obligated.<br>Reviewer Comment (2025-09-23): XXXX tests loans pursuant to TRID Grid 4.0. Under that review scope, when a general lender/seller credit is provided, we do not make a presumption that credit can offset points and fees for high-cost loans by default. We apply a waterfall approach if there is not an itemization in file that shows towards what fee(s) the general credit was intended to be applied. On this loan, without an itemization of credit, the $XXXX general credit is used up applying to non-finance charges that are high cost before even applying to non-high cost finance charges or fees that are included in the high cost test. Please indicate if you require the TRID Grid 4.0 used for review.<br>Seller Comment (2025-09-18): (Rate Lock) Remaining fee does not need to be itemized at is closed with that amount as a credit. The purchase contract states on page 6 the seller is to cover the $XXXX of the applied points and fees and an amount to not exceed $XXXX to be applied to other buyer's expenses. This is a valid itemization of the credit per the contract and the loan is not high cost.<br>Reviewer Comment (2025-09-18): The seller credit of $XXXX needs to be itemized in order to apply it to any high cost points and fees. Required is a document from closing that itemizes the full credit.<br>Seller Comment (2025-09-16): (Rate Lock) Loan closed with seller paying portion of points and fees; points and fees were XXXX which is within tolerance. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117350 | XXXX | 34425778 | 200190794-2730 | XXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | 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 (2025-10-03): Not high cost.<br>Reviewer Comment (2025-10-03): Sent to Compliance.<br>Seller Comment (2025-10-01): (Rate Lock) PCCD provided showing the general seller credit (a part thereof) being applied specifically to certain fees (i.e., loan discounts)<br>Reviewer Comment (2025-10-01): To remedy the HOEPA points and fees overage, one of two options are available:<br> Within 60 days of consummation, provide an itemization for the application of the general seller credit towards the discount points (note it cannot be applied to broker compensation as all broker comp must be included, regardless of who is paying it);<br> OR<br> Within 60 days of consummation, provide a corrected PCCD reflecting the general seller credit (or a part thereof) to be applied specifically to certain fees (i.e., loan discounts);<br> OR<br> ‎Cure the HOEPA overage through a choice letter to the borrower where they would have the option to either (a) receive a refund for the overage and take the loan out of high-cost; or (b) keep the loan as high-cost (no refund offered) and cure any remaining HOEPA prohibited practice exceptions to make the loan a "compliant" HOEPA loan.<br>Seller Comment (2025-09-25): (Rate Lock) TRID Grid 4.0 isn't a regulatory requirement and isn't required under 1026.32. 1026.4(c)(5) removes the Seller's Points which are points they are obligated to pay. As disclosed on the CDs and provided to all parties, the Seller agreed to pay the XXXX in points and thus became obligated to the payment. Since the purchase contract is general, once they agreed to pay for certain items, they became obligated.<br>Reviewer Comment (2025-09-23): XXXX tests loans pursuant to TRID Grid 4.0. Under that review scope, when a general lender/seller credit is provided, we do not make a presumption that credit can offset points and fees for high-cost loans by default. We apply a waterfall approach if there is not an itemization in file that shows towards what fee(s) the general credit was intended to be applied. On this loan, without an itemization of credit, the $XXXX general credit is used up applying to non-finance charges that are high cost before even applying to non-high cost finance charges or fees that are included in the high cost test. Please indicate if you require the TRID Grid 4.0 used for review.<br>Seller Comment (2025-09-18): (Rate Lock) Remaining fee does not need to be itemized at is closed with that amount as a credit. The purchase contract states on page 6 the seller is to cover the $XXXX of the applied points and fees and an amount to not exceed $XXXX to be applied to other buyer's expenses. This is a valid itemization of the credit per the contract and the loan is not high cost.<br>Reviewer Comment (2025-09-18): The seller credit of $XXXX needs to be itemized in order to apply it to any high cost points and fees. Required is a document from closing that itemizes the full credit.<br>Seller Comment (2025-09-16): (Rate Lock) Loan closed with seller paying portion of points and fees; points and fees were XXXX which is within tolerance. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117350 | XXXX | 34425779 | 200190794-2731 | XXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | 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 or grace period of less than 15 days. | 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 (2025-10-03): Not high cost.<br>Reviewer Comment (2025-10-03): Sent to Compliance.<br>Seller Comment (2025-10-01): (Rate Lock) PCCD provided showing the general seller credit (a part thereof) being applied specifically to certain fees (i.e., loan discounts)<br>Reviewer Comment (2025-10-01): To remedy the HOEPA points and fees overage, one of two options are available:<br> Within 60 days of consummation, provide an itemization for the application of the general seller credit towards the discount points (note it cannot be applied to broker compensation as all broker comp must be included, regardless of who is paying it);<br> OR<br> Within 60 days of consummation, provide a corrected PCCD reflecting the general seller credit (or a part thereof) to be applied specifically to certain fees (i.e., loan discounts);<br> OR<br> ‎Cure the HOEPA overage through a choice letter to the borrower where they would have the option to either (a) receive a refund for the overage and take the loan out of high-cost; or (b) keep the loan as high-cost (no refund offered) and cure any remaining HOEPA prohibited practice exceptions to make the loan a "compliant" HOEPA loan.<br>Seller Comment (2025-09-25): (Rate Lock) TRID Grid 4.0 isn't a regulatory requirement and isn't required under 1026.32. 1026.4(c)(5) removes the Seller's Points which are points they are obligated to pay. As disclosed on the CDs and provided to all parties, the Seller agreed to pay XXXX points and thus became obligated to the payment. Since the purchase contract is general, once they agreed to pay for certain items, they became obligated.<br>Reviewer Comment (2025-09-23): XXXX tests loans pursuant to TRID Grid 4.0. Under that review scope, when a general lender/seller credit is provided, we do not make a presumption that credit can offset points and fees for high-cost loans by default. We apply a waterfall approach if there is not an itemization in file that shows towards what fee(s) the general credit was intended to be applied. On this loan, without an itemization of credit, the $XXXX general credit is used up applying to non-finance charges that are high cost before even applying to non-high cost finance charges or fees that are included in the high cost test. Please indicate if you require the TRID Grid 4.0 used for review.<br>Seller Comment (2025-09-18): (Rate Lock) Remaining fee does not need to be itemized at is closed with that amount as a credit. The purchase contract states on page 6 the seller is to cover the $XXXX of the applied points and fees and an amount to not exceed $XXXX to be applied to other buyer's expenses. This is a valid itemization of the credit per the contract and the loan is not high cost.<br>Reviewer Comment (2025-09-18): The seller credit of $XXXX needs to be itemized in order to apply it to any high cost points and fees. Required is a document from closing that itemizes the full credit.<br>Seller Comment (2025-09-16): (Rate Lock) Loan closed with seller paying portion of points and fees; points and fees were XXXX which is within tolerance. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117350 | XXXX | 34425780 | 200190794-27560 | XXXX | Compliance | Compliance | Federal Compliance | 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 5.35177% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of XXXX on a Federal Total Loan Amount of XXXX vs. an allowable total of XXXX (an overage of XXXX or .35177%). Non-Compliant High Cost Loan. | Points and Fees on subject loan of 5.35177% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of XXXX on a Federal Total Loan Amount of XXXX vs. an allowable total of XXXX |  |  |  | Reviewer Comment (2025-10-03): HOEPA fees under 5%.<br>Reviewer Comment (2025-10-01): To remedy the HOEPA points and fees overage, one of two options are available:<br> Within 60 days of consummation, provide an itemization for the application of the general seller credit towards the discount points (note it cannot be applied to broker compensation as all broker comp must be included, regardless of who is paying it);<br> OR<br> Within 60 days of consummation, provide a corrected PCCD reflecting the general seller credit (or a part thereof) to be applied specifically to certain fees (i.e., loan discounts);<br> OR<br> ‎Cure the HOEPA overage through a choice letter to the borrower where they would have the option to either (a) receive a refund for the overage and take the loan out of high-cost; or (b) keep the loan as high-cost (no refund offered) and cure any remaining HOEPA prohibited practice exceptions to make the loan a "compliant" HOEPA loan.<br>Seller Comment (2025-09-25): (Rate Lock) TRID Grid 4.0 isn't a regulatory requirement and isn't required under 1026.32. 1026.4(c)(5) removes the Seller's Points which are points they are obligated to pay. As disclosed on the CDs and provided to all parties, the Seller agreed to pay the XXXX in points and thus became obligated to the payment. Since the purchase contract is general, once they agreed to pay for certain items, they became obligated.<br>Reviewer Comment (2025-09-23): XXXX tests loans pursuant to TRID Grid 4.0. Under that review scope, when a general lender/seller credit is provided, we do not make a presumption that credit can offset points and fees for high-cost loans by default. We apply a waterfall approach if there is not an itemization in file that shows towards what fee(s) the general credit was intended to be applied. On this loan, without an itemization of credit, the $XXXX general credit is used up applying to non-finance charges that are high cost before even applying to non-high cost finance charges or fees that are included in the high cost test. Please indicate if you require the TRID Grid 4.0 used for review.<br>Seller Comment (2025-09-18): (Rate Lock) Remaining fee does not need to be itemized at is closed with that amount as a credit. The purchase contract states on page 6 the seller is to cover the $XXXX of the applied points and fees and an amount to not exceed $XXXX to be applied to other buyer's expenses. This is a valid itemization of the credit per the contract and the loan is not high cost.<br>Reviewer Comment (2025-09-18): The seller credit of $XXXX to be itemized in order to apply it to any high cost points and fees. Required is a document from closing that itemizes the full credit.<br>Seller Comment (2025-09-16): (Rate Lock) Loan closed with seller paying portion of points and fees; points and fees were XXXX which is within tolerance. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | (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. C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117350 | XXXX | 34425781 | 200190794-4014 | XXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | 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 (2025-10-03): Not high cost.<br>Reviewer Comment (2025-10-03): Sent to Compliance.<br>Seller Comment (2025-10-01): (Rate Lock) PCCD provided showing the general seller credit (a part thereof) being applied specifically to certain fees (i.e., loan discounts)<br>Reviewer Comment (2025-10-01): To remedy the HOEPA points and fees overage, one of two options are available:<br> Within 60 days of consummation, provide an itemization for the application of the general seller credit towards the discount points (note it cannot be applied to broker compensation as all broker comp must be included, regardless of who is paying it);<br> OR<br> Within 60 days of consummation, provide a corrected PCCD reflecting the general seller credit (or a part thereof) to be applied specifically to certain fees (i.e., loan discounts);<br> OR<br> ‎Cure the HOEPA overage through a choice letter to the borrower where they would have the option to either (a) receive a refund for the overage and take the loan out of high-cost; or (b) keep the loan as high-cost (no refund offered) and cure any remaining HOEPA prohibited practice exceptions to make the loan a "compliant" HOEPA loan.<br>Seller Comment (2025-09-25): (Rate Lock) TRID Grid 4.0 isn't a regulatory requirement and isn't required under 1026.32. 1026.4(c)(5) removes the Seller's Points which are points they are obligated to pay. As disclosed on the CDs and provided to all parties, the Seller agreed to pay the XXXX in points and thus became obligated to the payment. Since the purchase contract is general, once they agreed to pay for certain items, they became obligated.<br>Reviewer Comment (2025-09-23): XXXX tests loans pursuant to TRID Grid 4.0. Under that review scope, when a general lender/seller credit is provided, we do not make a presumption that credit can offset points and fees for high-cost loans by default. We apply a waterfall approach if there is not an itemization in file that shows towards what fee(s) the general credit was intended to be applied. On this loan, without an itemization of credit, the XXXX general credit is used up applying to non-finance charges that are high cost before even applying to non-high cost finance charges or fees that are included in the high cost test. Please indicate if you require the TRID Grid 4.0 used for review.<br>Seller Comment (2025-09-18): (Rate Lock) Remaining fee does not need to be itemized at is closed with that amount as a credit. The purchase contract states on page 6 the seller is to cover the XXXX of the applied points and fees and an amount to not exceed XXXX to be applied to other buyer's expenses. This is a valid itemization of the credit per the contract and the loan is not high cost.<br>Reviewer Comment (2025-09-18): The seller credit of XXXX needs to be itemized in order to apply it to any high cost points and fees. Required is a document from closing that itemizes the full credit.<br>Seller Comment (2025-09-16): (Rate Lock) Loan closed with seller paying portion of points and fees; points and fees were XXXX which is within tolerance. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117350 | XXXX | 34425782 | 200190794-3424 | XXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (ATR - Income: Schedule C) | 2014 High-Cost Mortgage (Closed-end ATR): Unable to verify Sole Proprietorship income using reasonably reliable third-party records. (XXXX,XXXX XXXX XXXX - XXXX/Schedule C) | Unable to verify Sole Proprietorship income using reasonably reliable third-party records. |  |  |  | Reviewer Comment (2025-10-03): Not high cost.<br>Reviewer Comment (2025-10-03): Sent to Compliance.<br>Seller Comment (2025-10-01): (Rate Lock) PCCD provided showing the general seller credit (a part thereof) being applied specifically to certain fees (i.e., loan discounts)<br>Reviewer Comment (2025-10-01): To remedy the HOEPA points and fees overage, one of two options are available:<br> Within 60 days of consummation, provide an itemization for the application of the general seller credit towards the discount points (note it cannot be applied to broker compensation as all broker comp must be included, regardless of who is paying it);<br> OR<br> Within 60 days of consummation, provide a corrected PCCD reflecting the general seller credit (or a part thereof) to be applied specifically to certain fees (i.e., loan discounts);<br> OR<br> ‎Cure the HOEPA overage through a choice letter to the borrower where they would have the option to either (a) receive a refund for the overage and take the loan out of high-cost; or (b) keep the loan as high-cost (no refund offered) and cure any remaining HOEPA prohibited practice exceptions to make the loan a "compliant" HOEPA loan.<br>Seller Comment (2025-09-25): (Rate Lock) TRID Grid 4.0 isn't a regulatory requirement and isn't required under 1026.32. 1026.4(c)(5) removes the Seller's Points which are points they are obligated to pay. As disclosed on the CDs and provided to all parties, the Seller agreed to pay the XXXX and thus became obligated to the payment. Since the purchase contract is general, once they agreed to pay for certain items, they became obligated.<br>Reviewer Comment (2025-09-18): The seller credit of XXXX needs to be itemized in order to apply it to any high cost points and fees. Required is a document from closing that itemizes the full credit.<br>Seller Comment (2025-09-16): (Rate Lock) Loan closed with seller paying portion of points and fees; points and fees were XXXX which is within tolerance. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117350 | XXXX | 34425783 | 200190794-3424 | XXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (ATR - Income: Schedule C) | 2014 High-Cost Mortgage (Closed-end ATR): Unable to verify Sole Proprietorship income using reasonably reliable third-party records. (XXXX,XXXX XXXX XXXX - XXXX/Schedule C) | Unable to verify Sole Proprietorship income using reasonably reliable third-party records. |  |  |  | Reviewer Comment (2025-10-03): Not high cost.<br>Reviewer Comment (2025-10-03): Sent to Compliance.<br>Seller Comment (2025-10-01): (Rate Lock) PCCD provided showing the general seller credit (a part thereof) being applied specifically to certain fees (i.e., loan discounts)<br>Reviewer Comment (2025-10-01): To remedy the HOEPA points and fees overage, one of two options are available:<br> Within 60 days of consummation, provide an itemization for the application of the general seller credit towards the discount points (note it cannot be applied to broker compensation as all broker comp must be included, regardless of who is paying it);<br> OR<br> Within 60 days of consummation, provide a corrected PCCD reflecting the general seller credit (or a part thereof) to be applied specifically to certain fees (i.e., loan discounts);<br> OR<br> ‎Cure the HOEPA overage through a choice letter to the borrower where they would have the option to either (a) receive a refund for the overage and take the loan out of high-cost; or (b) keep the loan as high-cost (no refund offered) and cure any remaining HOEPA prohibited practice exceptions to make the loan a "compliant" HOEPA loan.<br>Seller Comment (2025-09-25): (Rate Lock) TRID Grid 4.0 isn't a regulatory requirement and isn't required under 1026.32. 1026.4(c)(5) removes the Seller's Points which are points they are obligated to pay. As disclosed on the CDs and provided to all parties, the Seller agreed to pay the XXXX and thus became obligated to the payment. Since the purchase contract is general, once they agreed to pay for certain items, they became obligated.<br>Reviewer Comment (2025-09-18): The seller credit of XXXX needs to be itemized in order to apply it to any high cost points and fees. Required is a document from closing that itemizes the full credit.<br>Seller Comment (2025-09-16): (Rate Lock) Loan closed with seller paying portion of points and fees; points and fees were XXXX which is within tolerance. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117350 | XXXX | 34425784 | 200190794-3059 | XXXX | Compliance | Compliance | State Compliance | State Defect | (State High Cost) XXXX High-Cost Loan (Points and Fees) | XXXX Anti-Predatory Lending Statute: Points and Fees on subject loan of 5.35177% is in excess of the allowable maximum of 5.00000% of the Total Loan Amount. Points and Fees total XXXX on a Total Loan Amount of XXXX vs. an allowable total of XXXX (an overage of XXXX or .35177%). Compliant High Cost Loan. | Points and Fees on subject loan of 5.35177% is in excess of the allowable maximum of 5.00000% of the Total Loan Amount. Points and Fees total XXXX on a Total Loan Amount of XXXX vs. an allowable total of XXXX |  |  |  | Reviewer Comment (2025-10-03): XXXXfees under 5%.<br>Reviewer Comment (2025-10-03): Sent to Compliance.<br>Seller Comment (2025-10-01): (Rate Lock) PCCD provided showing the general seller credit (a part thereof) being applied specifically to certain fees (i.e., loan discounts)<br>Reviewer Comment (2025-10-01): To remedy the HOEPA points and fees overage, one of two options are available:<br> Within 60 days of consummation, provide an itemization for the application of the general seller credit towards the discount points (note it cannot be applied to broker compensation as all broker comp must be included, regardless of who is paying it);<br> OR<br> Within 60 days of consummation, provide a corrected PCCD reflecting the general seller credit (or a part thereof) to be applied specifically to certain fees (i.e., loan discounts);<br> OR<br> ‎Cure the HOEPA overage through a choice letter to the borrower where they would have the option to either (a) receive a refund for the overage and take the loan out of high-cost; or (b) keep the loan as high-cost (no refund offered) and cure any remaining HOEPA prohibited practice exceptions to make the loan a "compliant" HOEPA loan.<br>Seller Comment (2025-09-25): (Rate Lock) TRID Grid 4.0 isn't a regulatory requirement and isn't required under 1026.32. 1026.4(c)(5) removes the Seller's Points which are points they are obligated to pay. As disclosed on the CDs and provided to all parties, the Seller agreed to pay the XXXX and thus became obligated to the payment. Since the purchase contract is general, once they agreed to pay for certain items, they became obligated.<br>Reviewer Comment (2025-09-23): XXXX tests loans pursuant to TRID Grid 4.0. Under that review scope, when a general lender/seller credit is provided, we do not make a presumption that credit can offset points and fees for high-cost loans by default. We apply a waterfall approach if there is not an itemization in file that shows towards what fee(s) the general credit was intended to be applied. On this loan, without an itemization of credit, the XXXX general credit is used up applying to non-finance charges that are high cost before even applying to non-high cost finance charges or fees that are included in the high cost test. Please indicate if you require the TRID Grid 4.0 used for review.<br>Seller Comment (2025-09-18): (Rate Lock) Remaining fee does not need to be itemized at is closed with that amount as a credit. The purchase contract states on page 6 the seller is to cover the XXXX of the applied points and fees and an amount to not exceed XXXX to be applied to other buyer's expenses. This is a valid itemization of the credit per the contract and the loan is not high cost.<br>Reviewer Comment (2025-09-18): The seller credit of XXXX needs to be itemized in order to apply it to any high cost points and fees. Required is a document from closing that itemizes the full credit.<br>Seller Comment (2025-09-16): (Rate Lock) Loan closed with seller paying portion of points and fees; points and fees were XXXX which is within tolerance. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | No obvious cure C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117353 | XXXX | 34271559 | 200190798-5398 | XXXX | Credit | Business Purpose | General | Business Purpose | Missing Document: Spousal Consent not provided. | Borrower: XXXX XXXX XXXX | Spousal Consent form is missing | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 35.62<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (2025-09-10): Comp factors used to downgrade exception.<br>Reviewer Comment (2025-08-25): POA provided showing Ana XXXX XXXX as POA | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117353 | XXXX | 34271650 | 200190798-18347 | XXXX | Credit | Credit | Miscellaneous | Credit | Asset verification indicated different balance from statements sumbitted |  | Requesting exception for LTV at 76.344% (max 65% per guides). | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 35.62<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (2025-09-02): Client elects to waive with compensating factors.<br>Seller Comment (2025-08-28): (Rate Lock) This was part of the approved exception please review<br>Reviewer Comment (2025-08-25): Per guideline Max LTV on DSCR under 1 is 75% | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117353 | XXXX | 34271660 | 200190798-5383 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Spousal Consent Form not provided |  | Spousal Consent Form is missing. |  |  |  | Reviewer Comment (2025-09-02): Cleared. Spousal Consent form not required for LLC. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117353 | XXXX | 34276679 | 200190798-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Requesting exception for no documentation of primary housing mortgage payments for XXXX & XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 35.62<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (2025-09-02): Client elects to waive with compensating factors.<br>Seller Comment (2025-08-28): (Rate Lock) This was part of the approved exception please review | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117353 | XXXX | 34276701 | 200190798-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for payment of XXXX, XXXX, XXXX, and XXXX mortgage payments in lump sum on XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 35.62<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (2025-10-27): Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-10-27): Updating Findings.<br>Reviewer Comment (2025-08-25): Have lump sum payment for 4 months | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117353 | XXXX | 34276767 | 200190798-18347 | XXXX | Credit | Credit | Miscellaneous | Credit | Asset verification indicated different balance from statements sumbitted |  | Lender approved exception for DSCR below 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 35.62<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (2025-10-27): Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-08-25): guidelines can use .75 | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117353 | XXXX | 34276782 | 200190798-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 76.34409% exceeds Guideline loan to value percentage of 75.00000%. | LTV greater than guideline max of 65% for a loan with a DSCR less than 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 35.62<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (2025-09-02): Client elects to waive with compensating factors.<br>Seller Comment (2025-08-28): (Rate Lock) This was part of the approved exception please review<br>Reviewer Comment (2025-08-25): Per guideline Max LTV on DSCR under 1 is 75% | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117353 | XXXX | 34276783 | 200190798-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 76.34409% exceeds Guideline combined loan to value percentage of 75.00000%. | LTV greater than guideline max of 65% for a loan with a DSCR less than 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 35.62<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (2025-09-02): Client elects to waive with compensating factors.<br>Seller Comment (2025-08-28): (Rate Lock) This was part of the approved exception please review<br>Reviewer Comment (2025-08-25): Per guideline Max LTV on DSCR under 1 is 75% | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117354 | XXXX | 34477410 | 200190804-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower Exception requested to proceed with loan modification that will meet three years seasoning next month, XXXX. (Partial Claim Mortgage given on XXXX for the amount of XXXX.) Guidelines: Mortgage modification waiting period is 3 years from inception. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender exception with compensating factors. | XXXX | Reviewer Comment (2025-09-26): Lender exception with comp factors.<br>Reviewer Comment (2025-09-26): Able to use reserves and residual as comp factors, However borrower in the field 5 years and not on the job 3 years.<br>Seller Comment (2025-09-24): (Rate Lock) CF updated, please review | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117354 | XXXX | 34477425 | 200190804-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for MERS Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (2025-09-16): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117355 | XXXX | 34589181 | 200190809-4211 | XXXX | Credit | Loan Package Documentation | Closing / Title | Title | Title: Evidence of title is missing |  | Title Preliminary missing in Loan File. |  |  |  | Reviewer Comment (2025-10-01): Provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117355 | XXXX | 34589223 | 200190809-23933 | XXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. |  | Title Preliminary Document missing in Loan File. |  |  |  | Reviewer Comment (2025-10-01): provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117356 | XXXX | 34402724 | 200190818-4256 | XXXX | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 691 is less than Guideline representative FICO score of 700. | FICO 691 vs Min 700 | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>DTI: 32.77884% <br> Guideline Maximum DTI: 50.00000% | XXXX | Reviewer Comment (2025-09-17): Client elects to waive with compensating factors.<br>Seller Comment (2025-09-15): attached | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117356 | XXXX | 34402750 | 200190818-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Abstract / Title Search. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (2025-09-10): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117358 | XXXX | 34589344 | 200190828-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | HOA does not have a master flood policy and subject unit belongs in a 4 unit building that is row/town style. Subject unit only has individual unit insurance for XXXX, the max amount for an individual unit that can be obtained through XXXX | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | XXXX | Reviewer Comment (2025-10-06): Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-10-06): Master flood required for the complex.<br>Reviewer Comment (2025-10-01): Master Flood not needed<br>Seller Comment (2025-09-30): (Rate Lock) Please advise what is needed. There is no Master Flood insurance. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117358 | XXXX | 34589404 | 200190828-32065 | XXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  | The preliminary title report does not reflect an ALTA Loan Policy amount. Final Title Policy was not provided to verify sufficient title coverage was obtained. |  |  |  | Reviewer Comment (2025-10-01): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-30): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117358 | XXXX | 34589477 | 200190828-7038 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/XXXX) | Only Final CD and Post Close CD provided |  |  |  | Reviewer Comment (2025-10-01): XXXX received initial CD dated XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117358 | XXXX | 34589479 | 200190828-6582 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. Sufficient or excess cure was provided to the borrower at Closing. (0) |  |  |  |  | Reviewer Comment (2025-09-29): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117358 | XXXX | 34589480 | 200190828-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX | Appraisal Desk Review Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. |  |  |  | Reviewer Comment (2025-09-29): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117358 | XXXX | 34589481 | 200190828-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Employment Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX | Verification Of Employment Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. |  |  |  | Reviewer Comment (2025-09-29): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117358 | XXXX | 34589482 | 200190828-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Flood Certification (Life Of Loan). Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX | Flood Certification Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. |  |  |  | Reviewer Comment (2025-09-29): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117362 | XXXX | 34488707 | 200190845-22932 | XXXX | Credit | Guideline | Guideline Issue | Guideline | XXXX residual income requirement not met. |  | Residual income requirements not met per guidelines. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Borrower has owned the subject property for at least 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | XXXX | Reviewer Comment (2025-09-17): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117362 | XXXX | 34488768 | 200190845-4436 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): 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. (Type:Primary/XXXX) | No documentation in the file to evidence borrower was provided with a copy of valuation three (3) business days prior to consummation. |  |  |  | Reviewer Comment (2025-09-23): Client accepts EV2 and Waives.<br>Seller Comment (2025-09-22): (Rate Lock) Lender accepts Ev2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117362 | XXXX | 34488769 | 200190845-34967 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): 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. (Client:XXXX/XXXX) | No documentation in the file to evidence borrower was provided with a copy of valuation three (3) business days prior to consummation. |  |  |  | Reviewer Comment (2025-09-23): Client accepts EV2 and Waives.<br>Seller Comment (2025-09-22): (Rate Lock) Lender accepts Ev2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117363 | XXXX | 34259948 | 200190846-31588 | XXXX | Credit | HXXXXard Insurance | Insufficient Coverage | HXXXXard Insurance | The HXXXXard Insurance Policy Effective Date is after closing. | HXXXXard Insurance Policy Effective Date XXXX, Disbursement Date: XXXX | HXXXXard insurance policy effective date is after note date. Provide valid hXXXXard insurance document. |  |  |  | Reviewer Comment (2025-08-26): Cleared.<br>Seller Comment (2025-08-22): (Rate Lock) HOI effective same day as disbursement | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117365 | XXXX | 34298762 | 200190849-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 70.00000%. | LTV of 75% exceeds max of 70% due to a 5% LTV reduction for a vacant property. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | LTV of 75% exceeds max of 70% due to a 5% LTV reduction for a vacant property. | XXXX | Reviewer Comment (2025-10-27): Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-08-26): LTV of 75% exceeds max of 70% due to a 5% LTV reduction for a vacant property. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117365 | XXXX | 34298763 | 200190849-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 75.00000% exceeds Guideline combined loan to value percentage of 70.00000%. | LTV of 75% exceeds max of 70% due to a 5% LTV reduction for a vacant property. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | LTV of 75% exceeds max of 70% due to a 5% LTV reduction for a vacant property. | XXXX | Reviewer Comment (2025-10-27): Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-08-26): LTV of 75% exceeds max of 70% due to a 5% LTV reduction for a vacant property. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117367 | XXXX | 34733145 | 200190857-4256 | XXXX | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 671 is less than Guideline representative FICO score of 680. | Credit score does not meet Guidelines requirements for 75% LTV. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Lender Exception with Compensating Factors.<br>The DSCR of 1.1 is greater than the minimum required DSCR of 1.0. | XXXX | Reviewer Comment (2025-10-15): Lender Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117368 | XXXX | 34686406 | 200190860-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.83 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-09): Lender Exception with Compensating Factors | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117369 | XXXX | 34305521 | 200190872-30168 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Interim Closing Disclosure Timing Test | TILA-RESPA Integrated Disclosure – Corrected Closing Disclosure provided on or after XXXX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation | Corrected Closing Disclosure provided on or after XXXX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation |  |  |  | Reviewer Comment (2025-09-02): XXXX received updated initial CD with complete information.<br>Seller Comment (2025-08-29): (Rate Lock) APR decreased, this does not warrant re-opening recission | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | TRID timing exception, no remediation available. C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117369 | XXXX | 34305522 | 200190872-34957 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-09-04): XXXX received COC dated XXXX<br>Seller Comment (2025-09-03): (Rate Lock) CIC specifically states: "Change in Discount Dollars<br> Lender credit<br> loan program<br> Income <br> DTI <br> APR"<br> Changes from program and income have changed pricing<br>Reviewer Comment (2025-09-02): XXXX received Lender exception document. but it does not give sufficient information on what impacts and why the lender credit was decreased. In order to determine if the changed circumstance is valid more information is necessary on reason for the pricing changed to decrease the lender credit and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.<br>Seller Comment (2025-08-29): (Rate Lock) CIC provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117369 | XXXX | 34310289 | 200190872-5366 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 45.95374% exceeds Guideline total debt ratio of 43.00000%. | DTI exceeds 43% on a loan with an LTV of 90%. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 10.33<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 18.58%<br> Borrower's Own Funds Amount: $XXXX<br>Guidelines Representative FICO: 700<br> Representative FICO: 763 | XXXX | Reviewer Comment (2025-09-03): Client elects to waive with compensating factors.<br>Seller Comment (2025-08-29): (Rate Lock) Exception provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117369 | XXXX | 34310338 | 200190872-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to DTI exceeding 43%. |  |  |  | Reviewer Comment (2025-09-03): Client elects to waive with compensating factors.<br>Seller Comment (2025-08-29): (Rate Lock) Exception provided | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117369 | XXXX | 34310339 | 200190872-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | DTI exceeds 43% on a loan with an LTV of 90%. |  |  |  | Reviewer Comment (2025-09-03): Lender exception with compensating factors, system cleared.<br>Seller Comment (2025-08-29): (Rate Lock) Exception provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117369 | XXXX | 34310340 | 200190872-25034 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 45.95374% moderately exceeds the guideline maximum of 43.00%. (DTI Exception is eligible to be regraded with compensating factors.) | DTI exceeds 43% on a loan with an LTV of 90%. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 10.33<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 18.58%<br> Borrower's Own Funds Amount: $XXXX<br>Guidelines Representative FICO: 700<br> Representative FICO: 763 | XXXX | Reviewer Comment (2025-09-03): Client elects to waive with compensating factors.<br>Seller Comment (2025-08-29): (Rate Lock) Exception provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117369 | XXXX | 34313104 | 200190872-7038 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/XXXX) | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/XXXX) |  |  |  | Reviewer Comment (2025-09-18): XXXX received full copy of XXXX CD with borrower signed same date reflected on page 4.<br>Seller Comment (2025-09-18): (Rate Lock) This file does support a TRID compliant disclosure. The ICD was sent XXXX and no other CDs were sent. Borrower clearly signed and dated this CD (proof per the wet signed CD provided) and then later went and viewed. The CD provided is signed by the borrower and nothing more should be asked from them as it is clear when they received and wet signed the CD.<br>Reviewer Comment (2025-09-16): Provided disclosure summary indicates the XXXX CD wasn't received until XXXX. the signature being discussed is on an incomplete CD and not on the signature page. The complete CD in the loan file does not support timely disclosure.<br>Seller Comment (2025-09-12): (Rate Lock) This is not valid. CD issues XXXX and the borrower clearly signed and dated XXXX, making the ESD XXXX, which docs were signed. This file is compliant with TRID<br>Reviewer Comment (2025-09-11): Exception remains open due to initial CD issued less than 6 days prior to closing and received by the borrower less than 3 business days prior to closing.<br>Seller Comment (2025-09-11): (Rate Lock) This is incorrect, borrower signed page 4 and this is acceptable to prove they acknowledged it XXXX.<br>Reviewer Comment (2025-09-11): XXXX received CD however on page 5 borrower signature is blank. Kindly provide evidence that the borrower received initial CD dated XXXX three days prior to closing date in order to clear the exception.<br>Reviewer Comment (2025-09-10): XXXX received all pages of CD dated 0XXXX but the page #5 does not shows the receipt of CD to borrower on 0XXXX as per disclosures summary XXXX the receipt of CD to borrower is 0XXXX which is not prior to 3 business days from the date of consummation. Please provide evidence of earliest receipt of CD to the borrower.<br>Seller Comment (2025-09-08): (Rate Lock) ICD issued XXXX and viewed XXXX making the ESD XXXX. That is 3 business days and sufficient per TRID.<br>Reviewer Comment (2025-09-05): Initial CD Issued dated XXXX less than 6 days prior to closing and received by the borrower less than 3 business days prior to closing.<br>Seller Comment (2025-09-05): (Rate Lock) ICD with all 5 pages provided<br>Reviewer Comment (2025-09-04): XXXX received CD dated XXXX is incomplete as it has only 4 pages of CD. Please provide all the 5 pages of signed CD dated XXXX to re-evaluate the exception.<br>Seller Comment (2025-09-03): (Rate Lock) Signed CD from XXXX making ESD XXXX and docs compliant<br>Reviewer Comment (2025-09-02): XXXX received updated CD without receipt and provided disclosure tracking details XXXX shows that the initial CD received on XXXX. therefore, the receipt date is 0XXXX. Consummation date is 0XXXX. 0XXXX is day 1, 0XXXX is day 2. Please provide documentation if the CD was received 0XXXX (day 3) or earlier for review.<br>Seller Comment (2025-08-29): (Rate Lock) CD viewed XXXX making ESD XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117370 | XXXX | 34475257 | 200190873-5380 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Operating Agreement not provided. |  |  |  | Reviewer Comment (2025-09-23): OA Provided<br>Seller Comment (2025-09-19): (Rate Lock) Please see uploaded Operating Agreement. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117370 | XXXX | 34475408 | 200190873-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for the borrower's background report shows several violations for property maintenance and residential rental property registration from XXXX. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Borrower's Experience/Track Record | The DSCR of 1.38 is greater than the minimum required DSCR of 1.0.<br>Borrower's Experience/Track Record. The borrower has: XXXX Years of Experience. Currently has held XXXX Properties. | XXXX | Reviewer Comment (2025-09-23): Lender exception with comp factors<br>Seller Comment (2025-09-19): (Rate Lock) Please see uploaded exception approval form. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117373 | XXXX | 34391904 | 200190891-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 85.00000% exceeds Guideline loan to value percentage of 80.00000%. | LTV of 85% exceeds guideline max of 80% for a non-arms length transaction. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 24mo Bank Statement<br> Disposable Income: $XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 38.07<br> Guideline Requirement: 6.00<br>DTI: 12.52619% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 680<br> Representative FICO: 726 | XXXX | Reviewer Comment (2025-09-17): Client elects to waive with compensating factors.<br>Seller Comment (2025-09-15): (Rate Lock) Exception was approved for this | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117373 | XXXX | 34391906 | 200190891-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 85.00000% exceeds Guideline combined loan to value percentage of 80.00000%. | LTV of 85% exceeds guideline max of 80% for a non-arms length transaction. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 24mo Bank Statement<br> Disposable Income: $XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 38.07<br> Guideline Requirement: 6.00<br>DTI: 12.52619% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 680<br> Representative FICO: 726 | XXXX | Reviewer Comment (2025-09-17): Client elects to waive with compensating factors.<br>Seller Comment (2025-09-15): (Rate Lock) Exception was approved for this | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117374 | XXXX | 34396656 | 200190892-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.84 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. |  | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's Own Funds Percent: 5.73%<br> Borrower's Own Funds Amount: $XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 809 | XXXX | Reviewer Comment (2025-09-17): Client elects to waive with compensating factors.<br>Seller Comment (2025-09-15): (Rate Lock) Exception was approved for this<br>Reviewer Comment (2025-09-10): Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117375 | XXXX | 34367213 | 200190895-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.89 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Minimum DSCR required as per guidelines is 1.00, however calculated DSCR is 0.89. Monthly reserves are more than 4 months. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has owned the subject property for at least 5 years.<br>Reserves: 94.29<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 716 | XXXX | Reviewer Comment (2025-09-08): Minimum DSCR required as per guidelines is 1.00, however calculated DSCR is 0.89. Monthly reserves are more than 4 months. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117376 | XXXX | 34635165 | 200190899-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender Exception: Approved Lender Exception requesting to use income from two businesses. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-10): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-10-08): (Rate Lock) EV2 accept please waive<br>Reviewer Comment (2025-10-03): Lender Exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117376 | XXXX | 34635246 | 200190899-34957 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. XXXX | COC added |  |  |  | Reviewer Comment (2025-10-13): XXXX received a valid COC. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117376 | XXXX | 34635247 | 200190899-7037 | XXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. |  |  |  |  | Reviewer Comment (2025-10-21): Per review of the Deed on the County Recorders website for the prior transaction (and backed by appraisal of current loan), the prior lien was construction only. Subject property is new construction, subject lien is permanent financing, and prior lien was construction only. Therefore, rescission does not apply. RTC exception has been cleared.<br>Seller Comment (2025-10-17): (Rate Lock) This is a construction to permanent residence | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117376 | XXXX | 34635249 | 200190899-7038 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/XXXX) | Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. |  |  |  | Reviewer Comment (2025-10-13): XXXX received initial CD. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117376 | XXXX | 34709921 | 200190899-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | XXXX received COC dated XXXX however the reason mentioned doesn't state why the Appraisal Re-inspection fee were increased on CD dated XXXX for $XXXX. Kindly provide a valid COC for the fee increased or cure due to borrower. Cure documents consist of Post CD,LOX,Copy of refund check and proof of mailing. |  |  |  | Reviewer Comment (2025-10-20): XXXX received a valid COC. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117378 | XXXX | 34686523 | 200190906-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.89 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Calculated DSCR of 0.89 does not meet the guidelines requirement of 1. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | XXXX | Reviewer Comment (2025-10-10): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117380 | XXXX | 34411647 | 200190913-34181 | XXXX | Compliance | Note | General | Note | Prepayment Penalty Discrepancy | Final TIL / CD indicates loan has PPP, however file does not contain prepayment penalty addendum. Missing prepay data may result in invalid high cost, FNMA, and/or QM points and fees findings. |  |  |  |  | Reviewer Comment (2025-09-17): Cleared addendum provided.<br>Seller Comment (2025-09-16): (Rate Lock) addendum provided | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Purchase | C A B | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117380 | XXXX | 34411650 | 200190913-929 | XXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. | Valuation Type: Appraisal / Valuation Report Date: XXXX |  | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: $XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 86.31<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 79.40%<br> Borrower's Own Funds Amount: $XXXX<br>DTI: 2.79666% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 799 | XXXX | Reviewer Comment (2025-09-18): Cleared appraisal provided.<br>Seller Comment (2025-09-18): (Rate Lock) new appraisal is as is , was due to no smoke detector, please cleatr<br>Reviewer Comment (2025-09-11): Reserves: 86.31<br> Guideline Requirement: 6.00<br>Reviewer Comment (2025-09-11): due to no smoke detectors, new appraisal shows as is<br>Reviewer Comment (2025-09-11): New Appraisal is as is , was due to no smoke detactors | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A B | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117381 | XXXX | 34371417 | 200190914-35955 | XXXX | Compliance | Compliance | Federal Compliance | RESPA | Missing Final HUD-1 RESPA Investment Occupancy No Business Purpose Cert (Not subject to APL) | RESPA: Missing Final HUD-1 Title Co. Closing Statement used to source fees. Investment occupancy witrh no business purpose cert in file. Loan is not subject to APL tests in scope requiring points and fees. |  |  |  |  | Reviewer Comment (2025-09-12): Cleared.<br>Seller Comment (2025-09-10): Please see attached | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117381 | XXXX | 34372434 | 200190914-35107 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. |  |  |  |  | Reviewer Comment (2025-09-12): Cleared.<br>Seller Comment (2025-09-10): See attached appraisal disclosure and proof of delivery | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117381 | XXXX | 34429552 | 200190914-35955 | XXXX | Compliance | Compliance | Federal Compliance | RESPA | Missing Final HUD-1 RESPA Investment Occupancy No Business Purpose Cert (Not subject to APL) | RESPA: Missing Final HUD-1 Title Co. Closing Statement used to source fees. Investment occupancy witrh no business purpose cert in file. Loan is not subject to APL tests in scope requiring points and fees. |  |  |  |  | Reviewer Comment (2025-09-12): Cleared. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117382 | XXXX | 34635447 | 200190917-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (2025-10-15): Client accept EV2 and elects to waive.<br>Seller Comment (2025-10-11): (Rate Lock) lender accepts | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117382 | XXXX | 34635452 | 200190917-7038 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/XXXX) | Closing Disclosure not provided to Borrower(s) at least three business days prior to closing. |  |  |  | Reviewer Comment (2025-10-13): XXXX received initial CD dated 0XXXX.<br>Seller Comment (2025-10-11): (Rate Lock) icd sent XXXX provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117382 | XXXX | 34635453 | 200190917-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX | Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient cure is required. |  |  |  | Reviewer Comment (2025-10-03): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117382 | XXXX | 34637547 | 200190917-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for 1x30x12. Borrower had a late payment in XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | XXXX | Reviewer Comment (2025-10-10): Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-10-03): Lender Exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117384 | XXXX | 34580909 | 200190923-3677 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Missing XXXX business bank statement. |  |  |  | Reviewer Comment (2025-10-27): XXXX business bank statement Provided<br>Reviewer Comment (2025-10-27): Update findings.<br>Reviewer Comment (2025-10-01): XXXX business bank statement Provided<br>Seller Comment (2025-09-30): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM status C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117384 | XXXX | 34580910 | 200190923-4944 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - Bank Statements | Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. (XXXX,XXXX XXXX XXXX/Bank Statements) | Missing XXXX business bank statement. |  |  |  | Reviewer Comment (2025-10-27): XXXX business bank statement Provided<br>Reviewer Comment (2025-10-27): Update findings.<br>Reviewer Comment (2025-10-01): XXXX business bank statement Provided<br>Seller Comment (2025-09-30): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117384 | XXXX | 34580912 | 200190923-4204 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Missing XXXX business bank statement. |  |  |  | Reviewer Comment (2025-10-27): XXXX business bank statement Provided | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117384 | XXXX | 34581454 | 200190923-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Missing XXXX business bank statement. |  |  |  | Reviewer Comment (2025-10-27): XXXX business bank statement Provided<br>Reviewer Comment (2025-10-27): Update findings.<br>Reviewer Comment (2025-10-01): XXXX business bank statement Provided<br>Seller Comment (2025-09-30): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117384 | XXXX | 34581483 | 200190923-33058 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Missing XXXX business bank statement. |  |  |  | Reviewer Comment (2025-10-27): XXXX business bank statement Provided<br>Reviewer Comment (2025-10-27): Update findings.<br>Reviewer Comment (2025-10-01): XXXX business bank statement Provided<br>Seller Comment (2025-09-30): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117384 | XXXX | 34581496 | 200190923-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Missing XXXX business bank statement. |  |  |  | Reviewer Comment (2025-10-27): XXXX business bank statement Provided<br>Reviewer Comment (2025-10-27): Update findings.<br>Reviewer Comment (2025-10-01): XXXX business bank statement Provided<br>Seller Comment (2025-09-30): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117385 | XXXX | 34576035 | 200190925-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.98 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Exception Request to proceed with DSCR Ratio of .0983 with LTV 72.321 and C/O | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 51.99<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (2025-10-01): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-30): (Rate Lock) Please waive ev2<br>Reviewer Comment (2025-09-29): Lender exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117386 | XXXX | 34431658 | 200190936-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to proceed with non- warrantable Condotel. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has worked in same industry more than 5 years.<br>Borrower has worked in same job more than 3 years.<br>FICO higher than 740, AND at least 20 points higher than guideline minimum. | XXXX | Reviewer Comment (2025-09-16): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117386 | XXXX | 34431672 | 200190936-5366 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 51.46579% exceeds Guideline total debt ratio of 50.00000%. | Calculated investor qualifying total debt ratio of 51.46579% exceeds Guideline total debt ratio of 50.00000%. Higher P&I and HOA used in the calculation per documentation in file. |  |  |  | Reviewer Comment (2025-09-26): Payoff provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117387 | XXXX | 34495159 | 200190938-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.82 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. |  | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 26.05<br> Guideline Requirement: 6.00<br>Loan to Value: 53.52113%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 760 | XXXX | Reviewer Comment (2025-09-18): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117388 | XXXX | 34727630 | 200190945-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (2025-10-14): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117388 | XXXX | 34727631 | 200190945-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (2025-10-14): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117389 | XXXX | 34360234 | 200190951-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 8.82 is less than Guideline PITIA months reserves of 9.00. |  |  |  |  | Reviewer Comment (2025-09-16): Cleared updated cash from borrower.<br>Seller Comment (2025-09-12): (Rate Lock) N/A - POC item $XXXX was not included in the calculation of cash from borrower. See section C on page 1 of the final HUD where it states that, " items marked '(p.o.c.)' were paid outside the closing; they are shown here for informational purposes and are not included in the totals.' When I add up the Settlement charges to borrower as outlined under Section L on page 2, it adds up to the $XXXX not included in the total. This charge was not included in cash from borrower calculations on the final settlement statement. Please remove this condition as it does not apply.<br>Reviewer Comment (2025-09-11): FSS reflects a POC in the amount of $XXXX for XXXX that was included in the calculation of the cash from borrower. Required documentation reflecting that the MI was paid by the borrower.<br>Seller Comment (2025-09-08): (Rate Lock) Please see attached final settlement statement and bank account statements. XXXX XXXX has a balance of $XXXX and XXXX XXXX has a balance of $XXXX in available liquid. The cash due from the borrower at closing was $XXXX available liquid after closing. Monthly PITIA is XXXX x9 (required months of reserves) = $XXXX<br> $XXXX available liquid after closing - XXXX needed for 9 months' PITIA = $XXXX in excess liquid for the transaction. There is a surplus of funds in the amount of $XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117390 | XXXX | 34447033 | 200190956-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXXe XXXX, XXXXXXXX Statement | Provide mortgage statement or supporting document to verify PITIA of property XXXXe XXXX. |  |  |  | Reviewer Comment (2025-09-18): Closing Disclosure for property XXXXe XXXX, received and associated. Exception cleared. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117390 | XXXX | 34447707 | 200190956-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Provide mortgage statement or supporting document to verify PITIA of property XXXXe XXXX. |  |  |  | Reviewer Comment (2025-09-18): Closing Disclosure for property XXXXe XXXX, received and associated. Exception cleared. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117391 | XXXX | 34430771 | 200190958-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for newly built non-warrantable condo. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors. | XXXX | Reviewer Comment (2025-09-26): Lender Exception with Compensating Factors.<br>Reviewer Comment (2025-09-26): Please provide additional compelling compensating factors<br>Seller Comment (2025-09-24): (Rate Lock) exception corrected with the correct FICO score please review | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117392 | XXXX | 34498888 | 200190961-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXX XXXXXXXX Insurance Verification | Provide hXXXXard insurance document for REO property XXXX. |  |  |  | Reviewer Comment (2025-09-30): Provided<br>Reviewer Comment (2025-09-26): Provide hXXXXard insurance document for REO property XXXX. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117392 | XXXX | 34512876 | 200190961-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | HXXXXard insurance policy missing for XXXX. |  |  |  | Reviewer Comment (2025-09-30): provided<br>Reviewer Comment (2025-09-26): HXXXXard insurance policy missing for XXXX. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117393 | XXXX | 34317759 | 200190967-27835 | XXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Note Date: XXXX; Lien Position: 1 |  |  |  |  | Reviewer Comment (2025-09-12): Cleared.<br>Seller Comment (2025-09-10): (Rate Lock) CDA provided | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Purchase | D B C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117393 | XXXX | 34330960 | 200190967-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 79.99993% exceeds Guideline loan to value percentage of 75.00000%. | reduce LTV 5% for declining market | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 46.71<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 776 | XXXX | Reviewer Comment (2025-09-05): x<br>Reviewer Comment (2025-09-05): Client elects to waive with compensating factors.<br>Seller Comment (2025-09-04): (Rate Lock) Provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | D B C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117393 | XXXX | 34330961 | 200190967-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 79.99993% exceeds Guideline combined loan to value percentage of 75.00000%. | reduce LTV 5% for declining market | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 46.71<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 776 | XXXX | Reviewer Comment (2025-09-05): Client elects to waive with compensating factors.<br>Seller Comment (2025-09-04): (Rate Lock) Provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | D B C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117394 | XXXX | 34371410 | 200190968-6543 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. Insufficient or no cure was provided to the borrower. (0) | Valid change of circumstance or sufficient cure is missing. |  |  |  | Reviewer Comment (2025-09-29): XXXX Received Corrected PCCD, LOE and Final Settlement statement.<br>Reviewer Comment (2025-09-25): XXXX received Post CD and LOX by reducing recording fee. However, we would also require Final Alta statement in order to verify the fee. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117394 | XXXX | 34371411 | 200190968-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. XXXX | Valid change of circumstance or sufficient cure is missing. |  |  |  | Reviewer Comment (2025-09-25): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117395 | XXXX | 34703779 | 200190972-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Document Preparation Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX | Zero Percent Fee Tolerance exceeded for Document Preparation Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. |  |  |  | Reviewer Comment (2025-10-10): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Rate/Term | Final CD evidences Cure A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117397 | XXXX | 34499241 | 200190976-31591 | XXXX | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | Valuation Type: Appraisal / Valuation Report Date: XXXX | HOA Questionnaire Document missing in Loan File. |  |  |  | Reviewer Comment (2025-09-26): No project review required on Detached Condo<br>Seller Comment (2025-09-24): (Rate Lock) This is a detached condo, review is not required, please review | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117397 | XXXX | 34499301 | 200190976-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.77 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Provide Lender exception Approval for DSCR calculation, Guidelines DSCR is 1 and calculated is less than 1. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 71.45<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 69.67%<br> Borrower's Own Funds Amount: $XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 772 | XXXX | Reviewer Comment (2025-09-26): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-24): (Rate Lock) EV2 accept please waive<br>Reviewer Comment (2025-09-22): Borrower Exception Requested:<br> (1) Guidelines stating DSCR Ratio to be >1 Asking to proceed with ratio of .757<br> (2) Guidelines state no agricultural. Asking to proceed with zoning as Agricultural/Improved Residential Condominium (detached) | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117397 | XXXX | 34499820 | 200190976-5381 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided |  |  |  |  |  | Reviewer Comment (2025-09-30): provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117398 | XXXX | 34592014 | 200190978-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Joint asset on personal bank statements used for income qualification not on the loan. with compensating factor of borrower has worked in same job more than 3 years and borrower has worked in same industry more than 5 years. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: $XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-03): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-10-01): (Rate Lock) exception already approved please clear | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117398 | XXXX | 34592264 | 200190978-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception approving first time homeowner and purchasing investment property. Only primary and second home allowed. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: $XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-03): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-10-01): (Rate Lock) Please waive<br>Reviewer Comment (2025-09-30): lender exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117400 | XXXX | 34393709 | 200190982-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (2025-09-15): Client elects to waive.<br>Seller Comment (2025-09-15): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117400 | XXXX | 34393710 | 200190982-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Secondary/XXXX) |  |  |  |  | Reviewer Comment (2025-09-15): Client elects to waive.<br>Seller Comment (2025-09-15): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117400 | XXXX | 34393711 | 200190982-34962 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Client:XXXX/XXXX) |  |  |  |  | Reviewer Comment (2025-09-15): Client elects to waive.<br>Seller Comment (2025-09-15): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117401 | XXXX | 34499740 | 200190983-5381 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided |  | Employer Identification Number (EIN) is missing. |  |  |  | Reviewer Comment (2025-09-29): Evidence provided.<br>Seller Comment (2025-09-25): (Rate Lock) EIN provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117401 | XXXX | 34499788 | 200190983-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.84 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR score 0.84 | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has owned the subject property for at least 5 years.<br>Reserves: 115.56<br> Guideline Requirement: 6.00<br>Combined Loan to Value: 53.97946%<br> Guideline Maximum Combined Loan to Value: 75.00000%<br>Loan to Value: 53.97946%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 748 | XXXX | Reviewer Comment (2025-09-29): Lender Exception with Comp Factors.<br>Seller Comment (2025-09-25): (Rate Lock) exception already approved<br>Reviewer Comment (2025-09-23): Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.84 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00.<br> Exception Information:<br> DSCR score 0.84 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117402 | XXXX | 34479436 | 200190985-30930 | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. |  |  |  |  | Reviewer Comment (2025-09-23): Client accepts EV2 and Waives.<br>Seller Comment (2025-09-22): (Rate Lock) Lender accepts Ev2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117402 | XXXX | 34481554 | 200190985-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to allow ADU rental income in the DSCR ratio. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Monthly reserves is verified AND at least 4 months more than guideline minimum.<br>FICO higher than 740, AND at least 20 points higher than guideline minimum. | XXXX | Reviewer Comment (2025-09-17): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117402 | XXXX | 34487425 | 200190985-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to allow non appraiser photos to satisfy appraisal missing pictures of outbuildings. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Monthly reserves is verified AND at least 4 months more than guideline minimum.<br>FICO higher than 740, AND at least 20 points higher than guideline minimum. | XXXX | Reviewer Comment (2025-09-23): Client accepts EV2 and Waives.<br>Seller Comment (2025-09-22): (Rate Lock) Lender accepts Ev2<br>Reviewer Comment (2025-09-17): error.<br>Reviewer Comment (2025-09-17): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117402 | XXXX | 34487451 | 200190985-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to allow non appraiser photos to satisfy appraisal missing pictures of outbuildings. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Monthly reserves is verified AND at least 4 months more than guideline minimum.<br>FICO higher than 740, AND at least 20 points higher than guideline minimum. | XXXX | Reviewer Comment (2025-09-17): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117403 | XXXX | 34731747 | 200190988-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.91 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR below1.0. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors. | XXXX | Reviewer Comment (2025-10-22): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-10-22): (Rate Lock) exception provided<br>Reviewer Comment (2025-10-15): Please provide additional Compensating Factors to support multiple Exception requests. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117403 | XXXX | 34731780 | 200190988-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Excessive Cost to Cure. $XXXX cost to cure to change garage back to garage and add driveway. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors. | XXXX | Reviewer Comment (2025-10-22): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-10-22): (Rate Lock) exception provided<br>Reviewer Comment (2025-10-15): Please provide additional Compensating Factors to support multiple Exception requests. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117403 | XXXX | 34731803 | 200190988-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Model home leaseback for up to a year, ineligible. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors. | XXXX | Reviewer Comment (2025-10-22): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-10-22): (Rate Lock) exception provided<br>Reviewer Comment (2025-10-15): Please provide additional Compensating Factors to support multiple Exception requests. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117404 | XXXX | 34501790 | 200190989-4436 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): 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. (Type:Primary/XXXX) | No documentation in the file to evidence borrower was provided with a copy of valuation three (3) business days prior to consummation |  |  |  | Reviewer Comment (2025-09-24): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-22): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117405 | XXXX | 34587802 | 200190993-4436 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): 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. (Type:Primary/XXXX) | No evidence of appraisal being sent to borrower 3 days prior to closing. |  |  |  | Reviewer Comment (2025-10-03): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-10-01): (Rate Lock) Please clear EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117405 | XXXX | 34590080 | 200190993-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for borrower and co-borrower being on a XXXX team and being paid separate 1099's for XXXX. Request to combine 1099 and YTD earnings to determine YTD variance. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-03): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-10-01): (Rate Lock) Please clear EV2<br>Reviewer Comment (2025-09-30): Lender exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117405 | XXXX | 34590104 | 200190993-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for combined YTD earnings reflecting a 10.74% decline in comparison to combined XXXX earnings. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-03): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-10-01): (Rate Lock) Please clear EV2<br>Reviewer Comment (2025-09-30): Lender exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117407 | XXXX | 34694420 | 200190997-7038 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/XXXX) | The earliest CD provided was issued XXXX and closing was XXXX. Disclosure Summary shows a XXXX CD, however it is missing from the loan file. |  |  |  | Reviewer Comment (2025-10-13): XXXX received XXXX Initial CD, 3 business days prior to the consummation.<br>Seller Comment (2025-10-11): (Rate Lock) icd provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | No Defined Cure A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117408 | XXXX | 34728715 | 200190998-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (2025-10-22): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-10-22): (Rate Lock) EV2 please accept and waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117409 | XXXX | 34576049 | 200208005-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender Exception: Approved Lender Exception - Borrower is unable to source all large XXXX large deposits. There have been numerous XXXX deposits for all 12 months and a random sample of deposit that have been sourced, Compensating Factor - Housing Payment History 0x30x24, Borrower has worked in same job more than 3 years, Borrower has worked in same industries more than 5 years, Borrower has verified residual income (deposable income) of at least $XXXX per month, monthly reserves are verified and at least 4 months more than guideline minimum. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: $XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 101.81<br> Guideline Requirement: 6.00<br>DTI: 43.68005% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (2025-10-01): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-30): (Rate Lock) please waive<br>Reviewer Comment (2025-09-29): Lender exception. | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117409 | XXXX | 34576055 | 200208005-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender Exception: Approved Lender Exception - -83% Downward trend in deposits due to a $XXXX wire that came to the wrong account in XXXX, Compensating Factor - Housing Payment History 0x30x24, Borrower has worked in same job more than 3 years, Borrower has worked in same industries more than 5 years, Borrower has verified residual income (deposable income) of at least XXXX per month, monthly reserves are verified and at least 4 months more than guideline minimum. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: $XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 101.81<br> Guideline Requirement: 6.00<br>DTI: 43.68005% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (2025-10-01): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-30): (Rate Lock) please waive<br>Reviewer Comment (2025-09-29): Lender Exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117410 | XXXX | 34699113 | 200208009-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception requested on using subject rental income supported by 1007, subject is vacant due to recent remodel. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-13): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117410 | XXXX | 34699130 | 200208009-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception requested on Cash-out seasoning not met as borrower is not majority owner of vested LLC. Borrower owns 50% of LLC. Non-Borrowing Spouse owns other 50%. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-13): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117411 | XXXX | 34363989 | 200208010-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Secondary/XXXX) | The loan file fails to meet the ECOA Valuations Rule under 12 CFR 1002.14(a)(1). The creditor did not provide the applicant with a copy of each valuation at least three business days prior to consummation. Additionally, the valuation received date is either missing or later than the required NoteLess3 date (XXXX), which violates the regulation. Although the borrower signed a document at closing acknowledging receipt, the timing does not comply with the required disclosure period. |  |  |  | Reviewer Comment (2025-09-11): cleared.<br>Seller Comment (2025-09-09): See attached appraisal delivery confirmations | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117411 | XXXX | 34363990 | 200208010-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | The loan file fails to meet the ECOA Valuations Rule under 12 CFR 1002.14(a)(1). The creditor did not provide the applicant with a copy of each valuation at least three business days prior to consummation. Additionally, the valuation received date is either missing or later than the required NoteLess3 date (XXXX), which violates the regulation. Although the borrower signed a document at closing acknowledging receipt, the timing does not comply with the required disclosure period. |  |  |  | Reviewer Comment (2025-09-11): Cleared.<br>Seller Comment (2025-09-09): See trailing docs | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117411 | XXXX | 34363991 | 200208010-34962 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Client:XXXX/XXXX) | The loan file fails to meet the ECOA Valuations Rule under 12 CFR 1002.14(a)(1). The creditor did not provide the applicant with a copy of each valuation at least three business days prior to consummation. Additionally, the valuation received date is either missing or later than the required NoteLess3 date (XXXX), which violates the regulation. Although the borrower signed a document at closing acknowledging receipt, the timing does not comply with the required disclosure period. |  |  |  | Reviewer Comment (2025-09-11): Cleared.<br>Seller Comment (2025-09-09): See trailing docs | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117412 | XXXX | 34402772 | 200208012-3677 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Loan designation discrepancy due to third party verification missing from file. |  |  |  | Reviewer Comment (2025-09-15): Cleared.<br>Seller Comment (2025-09-12): (Rate Lock) VOE provided | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117412 | XXXX | 34402773 | 200208012-4944 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - Bank Statements | Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. (XXXX,XXXX XXXX XXXX/Bank Statements) | Third party verification missing from file. |  |  |  | Reviewer Comment (2025-09-15): Cleared.<br>Seller Comment (2025-09-12): (Rate Lock) VOE provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117412 | XXXX | 34402775 | 200208012-4204 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Third party verification missing from file. |  |  |  | Reviewer Comment (2025-09-15): Cleared. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117412 | XXXX | 34413248 | 200208012-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for first-time homebuyer at 90% LTV. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: $XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 19.02%<br> Borrower's Own Funds Amount: $XXXX<br>DTI: 39.12453% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (2025-09-15): Client elects to waive with compensating factors.<br>Reviewer Comment (2025-09-11): residual income $XXXX | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117412 | XXXX | 34416336 | 200208012-5404 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Third Party Verification | Missing Third Party Verification |  |  |  | Reviewer Comment (2025-09-15): Cleared.<br>Seller Comment (2025-09-12): (Rate Lock) VOE provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117412 | XXXX | 34416386 | 200208012-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Third Party Verification |  |  |  | Reviewer Comment (2025-09-15): Cleared.<br>Seller Comment (2025-09-12): (Rate Lock) VOE provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117415 | XXXX | 34479397 | 200208015-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception 3 private mortgage being paid off at closing and unable to document payment history since used cash/money orders to make payments per broker. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Reserves: 15.76<br> Guideline Requirement: 6.00<br>The DSCR of 1.12 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (2025-09-17): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117416 | XXXX | 34528313 | 200208018-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Secondary/XXXX) |  |  |  |  | Reviewer Comment (2025-10-01): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-29): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117416 | XXXX | 34528315 | 200208018-34962 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Client:XXXX/XXXX) |  |  |  |  | Reviewer Comment (2025-10-01): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-29): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117416 | XXXX | 34528689 | 200208018-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | Lender approved exception to exceed maximum LTV of 75%. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Documentation Type: 24mo Bank Statement<br> Disposable Income: $XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 14.54%<br> Borrower's Own Funds Amount: $XXXX<br>DTI: 37.04553% <br> Guideline Maximum DTI: 50.00000% | XXXX | Reviewer Comment (2025-10-01): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-29): (Rate Lock) EV2 accept please waive<br>Reviewer Comment (2025-09-24): Borrower Exception Requested:<br> XXXX requesting exception to exceed max LTV of 75% @ 77.053.<br> XXXX requesting exception to exceed max LTV of 75% @ 80.00%. Borrower currently renting from seller for 3 months. Guidelines require 24 months rent history between buyer and seller which we won't have. Max 3 months. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117416 | XXXX | 34533517 | 200208018-4436 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): 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. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (2025-10-01): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-29): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117416 | XXXX | 34533645 | 200208018-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 75.00000%. |  | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Documentation Type: 24mo Bank Statement<br> Disposable Income: $XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 14.54%<br> Borrower's Own Funds Amount: $XXXX<br>DTI: 37.04553% <br> Guideline Maximum DTI: 50.00000% | XXXX | Reviewer Comment (2025-10-01): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-29): (Rate Lock) EV2 accept please waive<br>Reviewer Comment (2025-09-24): Borrower Exception Requested:<br> XXXX requesting exception to exceed max LTV of 75% @ 77.053.<br> XXXX requesting exception to exceed max LTV of 75% @ 80.00%. Borrower currently renting from seller for 3 months. Guidelines require 24 months rent history between buyer and seller which we won't have. Max 3 months. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117416 | XXXX | 34593454 | 200208018-27765 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure - 1026.19(f)(2) Cure | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower. XXXX |  |  |  |  | Reviewer Comment (2025-09-29): Sufficient Cure Provided within 60 Days of Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | Provide the following: Letter of Explanation notifying borrower or error, Copy of Refund Check/Evidence of Principal Reduction, Corrected CD, and Proof of Delivery (if refund is over $35) B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117417 | XXXX | 34394871 | 200208019-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for FTHB and First time investor - DSCR score above 1%. 0x30 rental history for 36 months. 10 months reserves. with compensating factors FICO is higher than 740 and Monthly reserves are verified and at least 4 months more than guideline minimum. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 12.39<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 29.54%<br> Borrower's Own Funds Amount: $XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 805 | XXXX | Reviewer Comment (2025-09-15): Client elects to waive.<br>Seller Comment (2025-09-11): (Rate Lock) Lender accepts EV2 please waive<br>Reviewer Comment (2025-09-10): FTHB and First Time Investor-DSCR scrore above 1%. 0x30 rental history for 36 months. 10 months reserves | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117418 | XXXX | 34401983 | 200208020-4062 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  | Corporate Resolution is missing |  |  |  | Reviewer Comment (2025-09-16): OA provided.<br>Seller Comment (2025-09-12): Borrower is the sole member of this LLC, a corporate resolution is not required. Providing copy of Operating Agreement | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117419 | XXXX | 34394066 | 200208021-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Approved Lender Exception: Allow P&L without bank statements to support (XXXX property). | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 1yr P&L w/o Bank Statements<br> Disposable Income: $XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 31.05%<br> Borrower's Own Funds Amount: $XXXX<br>Combined Loan to Value: 46.15385%<br> Guideline Maximum Combined Loan to Value: 65.00000%<br>Loan to Value: 46.15385%<br> Guideline Maximum Loan to Value: 65.00000%<br>DTI: 39.43779% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 772 | XXXX | Reviewer Comment (2025-09-15): Client elects to waive with compensating factors.<br>Seller Comment (2025-09-11): Missing bank statements<br>Reviewer Comment (2025-09-09): Waive requirement for 3 months bank statements to support P&L Statement on P&L Only 1 year. Please refer to docs emailed including LOE on why borrower is located in XXXX and tax preparer is located in XXXX. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117419 | XXXX | 34394136 | 200208021-27657 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Personal not provided |  | Account Statements for Checking account ending withXXXX missing in Loan file. |  |  |  | Reviewer Comment (2025-09-15): Cleared.<br>Seller Comment (2025-09-11): Missing bank statements | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117419 | XXXX | 34394170 | 200208021-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX | Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. |  |  |  | Reviewer Comment (2025-09-09): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117421 | XXXX | 34661489 | 200208023-4436 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): 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. (Type:Primary/XXXX) | 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. (Type:Primary/XXXX) |  |  |  | Reviewer Comment (2025-10-15): Client accepts EV2 and elects to waive.<br>Seller Comment (2025-10-11): (Rate Lock) lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117423 | XXXX | 34588737 | 200208026-5383 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Spousal Consent Form not provided |  | Spousal Consent document Missing in this Loan File |  |  |  | Reviewer Comment (2025-10-10): Guidelines do not require Spousal Consent. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117423 | XXXX | 34588740 | 200208026-5398 | XXXX | Credit | Business Purpose | General | Business Purpose | Missing Document: Spousal Consent not provided. | Borrower: XXXX XXXX | Spousal Consent document Missing in this Loan File |  |  |  | Reviewer Comment (2025-10-10): Guidelines do not require Spousal Consent. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117424 | XXXX | 34429318 | 200208029-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Known Defect : The Guarantor has been vested in the property alongside XXXX XXXX the in - place tenant , since may XXXX and the property was transferred to our guarantor completely in XXXX since XXXX XXXX was listed as on owner on title at the time of inspection the appraisal reflects owner occupied Additionally the tenant pays monthly rent in cash and we collected receipts from the guarantor | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Loan to Value: 60.00000%<br> Guideline Maximum Loan to Value: 75.00000% | XXXX | Reviewer Comment (2025-09-15): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117426 | XXXX | 34425917 | 200208037-21723 | XXXX | Credit | Credit | Transaction Error | Credit | Transaction Error: Total Cash-out on a purchase transaction. | Borrower is receiving total cash-out of XXXX on a purchase transaction. |  |  |  |  | Reviewer Comment (2025-10-21): Received the lock and cleared refund check.<br>Seller Comment (2025-10-21): (Rate Lock) Docs provided<br>Reviewer Comment (2025-10-03): Please provide corresponding ALTA statement, LOE, and evidence changes were sent to the borrower.<br>Seller Comment (2025-10-01): (Rate Lock) PCCD provided showing no cash back<br>Reviewer Comment (2025-09-29): Funds are not liquid and were not from the borrower, but a gift of equity, not borrower funds. Provide evidence the borrower contributed sufficient funds to received XXXX cash back.<br>Seller Comment (2025-09-25): (Rate Lock) They are receiving their cash they put towards the original transaction, not actual funds. Please re-review the CD as it shows borrower original funds paid for the transaction<br>Reviewer Comment (2025-09-24): Borrower is receiving total cash-out of XXXX on a purchase transaction.<br>Seller Comment (2025-09-22): (Rate Lock) CD reflects 'Funds paid to seller outside of escrow of $XXXX' therefore borrower is not getting actual cash back, but part of their funds initially paid to escrow for the transaction | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117426 | XXXX | 34425934 | 200208037-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 3.62 is less than Guideline PITIA months reserves of 6.00. | Assets are insufficient to satisfy reserve requirement. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (2025-09-29): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-09-29): (Rate Lock) approved exception with CFS provided<br>Seller Comment (2025-09-25): (Rate Lock) Exception with CFs provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117426 | XXXX | 34425951 | 200208037-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to the assets are insufficient to satisfy reserve requirement. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception. |  |  |  | Reviewer Comment (2025-09-29): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-09-29): (Rate Lock) approved exception with CFS provided<br>Seller Comment (2025-09-25): (Rate Lock) Exception with CFs provided | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117426 | XXXX | 34425952 | 200208037-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Assets are insufficient to satisfy reserve requirement. Please provide additional compelling compensating factors for consideration of downgrading/waiving exception. |  |  |  | Reviewer Comment (2025-09-29): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-09-29): (Rate Lock) approved exception with CFS provided<br>Seller Comment (2025-09-25): (Rate Lock) Exception with CFs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117427 | XXXX | 34495093 | 200208040-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.96 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Calculated DSCR of 0.96 does not meet the guidelines requirement of 1. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Guidelines Representative FICO: 660<br> Representative FICO: 765<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2025-09-18): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117428 | XXXX | 34545960 | 200208041-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX St, XXXXXXXX Statement | Statement for Address: XXXX St, XXXXXXXX is not provided. |  |  |  | Reviewer Comment (2025-10-20): Supporting email provided.<br>Reviewer Comment (2025-10-08): Provide evidence the loan on the Settlement Statement is the loan (#XXXX) mentioned in the email. Unable to tie two items together.<br>Reviewer Comment (2025-10-01): Statement for Address: XXXX St, XXXXXXXX is not provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117428 | XXXX | 34546016 | 200208041-4256 | XXXX | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 647 is less than Guideline representative FICO score of 660. |  | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: $XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 45.53<br> Guideline Requirement: 6.00<br>DTI: 39.43521% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (2025-10-01): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-29): (Rate Lock) EV2 accept please waive<br>Reviewer Comment (2025-09-26): Monthly reserves is verified AND at least 4 months more than guideline minimum; Housing payment history is 0x30x24 or better; Borrower has worked in same job more than 3 years; Borrower has worked in same industry more than 5 years | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117428 | XXXX | 34547766 | 200208041-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (2025-09-25): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117429 | XXXX | 34360551 | 200208042-5802 | XXXX | Credit | Credit | Credit Documentation | Credit | There is no lease in place for the subject property and the absence of this document casts doubt on business purpose of loan. |  | Lease agreement is not provided in file, Property is Vacant |  |  |  | Reviewer Comment (2025-09-12): Cleared.<br>Seller Comment (2025-09-10): (Rate Lock) Please use the 1007 from the appraisal. Per appraiser the property was vacant, the second floor was recently finished/completed. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117429 | XXXX | 34365845 | 200208042-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.78 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR less than 1.00. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 720 | XXXX | Reviewer Comment (2025-09-05): Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.78 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117430 | XXXX | 34576869 | 200208049-31588 | XXXX | Credit | HXXXXard Insurance | Insufficient Coverage | HXXXXard Insurance | The HXXXXard Insurance Policy Effective Date is after closing. | HXXXXard Insurance Policy Effective Date XXXX, Disbursement Date: XXXX | Provide HXXXXard Insurance document active at that time of closing date. Provided one is Future da |  |  |  | Reviewer Comment (2025-10-01): Disbursement Date: XXXX<br>Seller Comment (2025-09-30): (Rate Lock) Please see uploaded final settlement statement and disbursement ledger. Closing and funding occurred on XXXXhich is the same date as the insurance policy effective date (XXXX). | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117430 | XXXX | 34579837 | 200208049-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for the loan being paid off at closing being part of a wrap around mortgage in which the property is titled to the guarantor but he payoff, VOM, and extensions remain under the original seller.. | Seasoned Borrower/Investor whose experience exceeds XXXX projects. | Lender Exception with Compensating Factors provided. | XXXX | Reviewer Comment (2025-10-08): Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-10-01): Lender exception<br>Seller Comment (2025-09-30): (Rate Lock) Please see uploaded exception approval form. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117431 | XXXX | 34624499 | 200208053-22638 | XXXX | Compliance | Compliance | State Compliance | State HPML | XXXX HPML Threshold Test Non-Compliant | XXXX Higher-Priced Mortgage Loan: APR on subject loan of 8.46563% or Final Disclosure APR of 8.47400% is equal to or greater than the threshold of APOR 6.57% + 1.5%, or 8.07000%. Non-Compliant Higher Priced Loan. |  |  |  |  | Reviewer Comment (2025-10-07): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-10-03): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117431 | XXXX | 34624513 | 200208053-1871 | XXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) XXXX Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) | XXXX Higher-Priced Mortgage Loan: Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for. |  |  |  |  | Reviewer Comment (2025-10-07): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-10-03): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117431 | XXXX | 34624516 | 200208053-7038 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/XXXX) | Initial CD Issued less than 6 days prior to closing and received by the borrower less than 3 business days prior to closing. |  |  |  | Reviewer Comment (2025-10-07): XXXX received initial CD dated 0XXXX. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117432 | XXXX | 34374550 | 200208054-25085 | XXXX | Credit | HXXXXard Insurance | Insufficient Coverage | HXXXXard Insurance | HXXXXard Insurance Policy expires within 30 days of the Note Date. | HXXXXard Insurance Policy Expiration Date XXXX, Note Date XXXX | HXXXXard insurance dates are updated from the insurance document |  |  |  | Reviewer Comment (2025-09-17): Cleared HOI provided.<br>Seller Comment (2025-09-15): (Rate Lock) Please see attached paid-in-full insurance renewal policy | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117434 | XXXX | 34371636 | 200208057-33616 | XXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | Disclosure: E-Sign Consent Agreement |  |  |  |  | Reviewer Comment (2025-09-12): Cleared.<br>Seller Comment (2025-09-10): (Rate Lock) Doc provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Rate/Term | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117435 | XXXX | 34661084 | 200208058-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (2025-10-07): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117435 | XXXX | 34661480 | 200208058-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for borrower having acquired home from XXXX in XXXX, however, mortgage was left in XXXX's name only. The refi is paying off mortgage in XXXX's name and delinquent tax lien from XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | XXXX | Reviewer Comment (2025-10-08): Lender Exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117437 | XXXX | 34397368 | 200208060-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception required for NSFs exceed limit XXXX days overdrafted, XXXX negative daily balance. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Documentation Type: 12mo Bank Statement<br> Disposable Income: $XXXX<br>Borrower's Own Funds Percent: 25.46%<br> Borrower's Own Funds Amount: $XXXX<br>DTI: 43.64260% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (2025-09-17): Client elects to waive with compensating factors.<br>Seller Comment (2025-09-15): (Rate Lock) EV2 accept please waive<br>Reviewer Comment (2025-09-10): NSFs exceed limit. 18 days overdrafted, 8 negative daily balances.<br> Customer Compensating Factors: | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117438 | XXXX | 34585550 | 200208063-7038 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/XXXX) | Initial CD Issued less than 6 days prior to closing and received by the borrower less than 3 business days prior to closing. |  |  |  | Reviewer Comment (2025-10-06): XXXX received initial CD. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | No Defined Cure A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117439 | XXXX | 34390686 | 200208065-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.75 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Provide Lender exception Approval for DSCR calculation, Guidelines DSCR is 1 and calculated is less than 1. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Monthly reserves is verified AND at least 4 months more than guideline minimum.<br>FICO higher than 740, AND at least 20 points higher than guideline minimum.<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (2025-09-15): Client elects to waive with compensating factors.<br>Seller Comment (2025-09-11): (Rate Lock) exception provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117440 | XXXX | 34429184 | 200208068-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for condo is involved in pending litigation. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Qualifying DTI less than 35%, AND at least 10% less than guideline maximum.<br>FICO higher than 740, AND at least 20 points higher than guideline minimum. | XXXX | Reviewer Comment (2025-09-16): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117442 | XXXX | 34497351 | 200208073-4433 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow - Reason | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. (Final/XXXX) | The final CD does not specify reason why the escrow account is being waived. |  |  |  | Reviewer Comment (2025-09-23): XXXX Received Letter of Explanation & Corrected Closing Disclosure.<br>Seller Comment (2025-09-23): Please find attached revised PCCD and letter to borrower. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Second Home | Refinance - Rate/Term | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117443 | XXXX | 34498651 | 200208074-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXXXXXX Statement |  |  |  |  | Reviewer Comment (2025-10-10): Final CD provided.<br>Seller Comment (2025-10-08): (Rate Lock) CD provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117443 | XXXX | 34498734 | 200208074-4436 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): 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. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (2025-09-25): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-23): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117443 | XXXX | 34498747 | 200208074-7038 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/XXXX) | Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. |  |  |  | Reviewer Comment (2025-10-02): XXXX received XXXX Initial CD, 3 business days prior to the consummation.<br>Seller Comment (2025-10-01): (Rate Lock) ICD and proof it was viewed XXXX provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117443 | XXXX | 34498748 | 200208074-6543 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. (0) | Valid change of circumstance or sufficient cure is missing. |  |  |  | Reviewer Comment (2025-10-16): XXXX received corrected PCCD and LOE<br>Seller Comment (2025-10-15): (Rate Lock) Certified true copy executed by escrow officer provided. this document is not required to be signed by borrower.<br>Reviewer Comment (2025-10-02): XXXX received Letter of explanation, Corrected Closing disclosure and Final SS. However, we also required signed copy of the true and certified Final SS to reevaluate and re-baseline this exception.<br>Seller Comment (2025-10-01): (Rate Lock) Docs provided showing recording fee decreased | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117443 | XXXX | 34502802 | 200208074-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to use as SH that is used as the ex-spouse PR. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years<br>Borrower has owned the subject property for at least 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: $XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Guidelines Representative FICO: 660<br> Representative FICO: 723 | XXXX | Reviewer Comment (2025-09-25): Lender exception with compensating factors<br>Seller Comment (2025-09-23): (Rate Lock) Lender accepts EV2<br>Reviewer Comment (2025-09-22): 09/02 - approve use as SH that is used as the ex-spouse PR<br> 08/29 currently rents from departing home are being used for a net income of 0. However if we use positive rents (lease \* 0.75) DTI goes down to 42.349<br> XXXX Borrower received a lump sum of 2 mos rent and security deposit vs 3 months rent to offset mortgage on one of the investment properties. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117443 | XXXX | 34502823 | 200208074-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for current rents from departing home are being used for a net income of 0. However, if positive rents are being used, DTI goes down to 42.349%. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years<br>Borrower has owned the subject property for at least 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: $XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Guidelines Representative FICO: 660<br> Representative FICO: 723 | XXXX | Reviewer Comment (2025-09-25): Lender exception with compensating factors<br>Seller Comment (2025-09-23): (Rate Lock) Lender accepts EV2<br>Reviewer Comment (2025-09-22): 09/02 - approve use as SH that is used as the ex-spouse PR<br> 08/29 currently rents from departing home are being used for a net income of 0. However if we use positive rents (lease \* 0.75) DTI goes down to 42.349<br> XXXX Borrower received a lump sum of 2 mos rent and security deposit vs 3 months rent to offset mortgage on one of the investment properties. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117443 | XXXX | 34502827 | 200208074-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for borrower receiving a lump sum of 2 months rent and security deposit vs 3 months rent to offset mortgage on one of the investment properties. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years<br>Borrower has owned the subject property for at least 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: $XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Guidelines Representative FICO: 660<br> Representative FICO: 723 | XXXX | Reviewer Comment (2025-09-25): Lender exception with compensating factors<br>Seller Comment (2025-09-23): (Rate Lock) Lender accepts EV2<br>Reviewer Comment (2025-09-22): 09/02 - approve use as SH that is used as the ex-spouse PR<br> 08/29 currently rents from departing home are being used for a net income of 0. However if we use positive rents (lease \* 0.75) DTI goes down to 42.349<br> XXXX Borrower received a lump sum of 2 mos rent and security deposit vs 3 months rent to offset mortgage on one of the investment properties. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117444 | XXXX | 34542657 | 200208082-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | Maximum LTV for STR is 75%. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Miscellaneous | DSCR higher than 1.1/ Appraiser provided a summary in place of CRS.<br>Lender Exception with Compensating Factors provided.<br>The DSCR is greater than the minimum required DSCR of 1.00.<br>Reserves = 9 mon > 6 mon required | XXXX | Reviewer Comment (2025-10-24): Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-10-23): Lender Exception provided restates exception, not what insufficient items were requested and approved. Please clarify what the exception request covers.<br>Reviewer Comment (2025-10-22): Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | A B |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117444 | XXXX | 34542658 | 200208082-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 75.00000%. | Maximum LTV for STR is 75%. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Miscellaneous | DSCR higher than 1.1/ Appraiser provided a summary in place of CRS.<br>Lender Exception with Compensating Factors provided.<br>The DSCR is greater than the minimum required DSCR of 1.00.<br>Reserves = 9 mon > 6 mon required | XXXX | Reviewer Comment (2025-10-24): Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-10-23): Lender Exception provided restates exception, not what insufficient items were requested and approved. Please clarify what the exception request covers.<br>Reviewer Comment (2025-10-22): Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | A B |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117444 | XXXX | 34542688 | 200208082-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Comparable Rent Schedule grid missing from the loan file/appraisal. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Miscellaneous | DSCR higher than 1.1/ Appraiser provided a summary in place of CRS.<br>Lender Exception with Compensating Factors provided.<br>The DSCR is greater than the minimum required DSCR of 1.00.<br>Reserves = 9 mon > 6 mon required | XXXX | Reviewer Comment (2025-10-23): Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-10-22): Comparable Rent Schedule grid missing from the loan file/appraisal.<br>Reviewer Comment (2025-09-26): Rent Schedule grid missing from the loan file/appraisal | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | A B |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117444 | XXXX | 34542712 | 200208082-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Comparable mentioned in the Rent Summary and on the map are not within 2 miles of the subject. Guidelines also require 5 Rental Income Comparable and the 1004 only reflects 4. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Miscellaneous | DSCR higher than 1.1/ Appraiser provided a summary in place of CRS.<br>Lender Exception with Compensating Factors provided.<br>The DSCR is greater than the minimum required DSCR of 1.00.<br>Reserves = 9 mon > 6 mon required | XXXX | Reviewer Comment (2025-10-24): Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-10-23): Lender Exception provided restates exception, not what insufficient items were requested and approved. Please clarify what the exception request covers.<br>Reviewer Comment (2025-10-22): The Comparable mentioned in the Rent Summary and on the map are not within 2 miles of the subject. Guidelines also require 5 Rental Income Comparable and the 1004 only reflects 4. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | A B |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117445 | XXXX | 34394328 | 200208083-2896 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Note Addendum - Prepayment not provided |  | Note Addendum - Prepayment document is not available in file. |  |  |  | Reviewer Comment (2025-09-16): Note Prepayment addendum provided and associated. Exception cleared | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117447 | XXXX | 34648539 | 200208085-4140 | XXXX | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | (Doc Error) HUD Error: Escrow question on page 3 of the final HUD was not provided. |  | HUD document page 3 is missing |  |  |  | Reviewer Comment (2025-10-09): Page 3 provided.<br>Seller Comment (2025-10-07): See attached complete HUD 1 | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117447 | XXXX | 34648660 | 200208085-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for subject on XXXX acres when guideline max is XXXX acres. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | XXXX | Reviewer Comment (2025-10-06): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117447 | XXXX | 34658604 | 200208085-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 11.59 is less than Guideline PITIA months reserves of 12.00. | Insufficient reserves provided. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | XXXX | Reviewer Comment (2025-10-20): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-10-17): Please see attached post-closing lender exception<br>Reviewer Comment (2025-10-09): Assets included in calculation = $XXXX. Available for reserves after closing = $XXXX)<br>Seller Comment (2025-10-07): Please see attached proof of receipt of the EMD of $XXXX into the attorney escrow account. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117448 | XXXX | 34487862 | 200208087-25749 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | File is missing a copy of the final HUD/CD and closing statement. |  |  |  | Reviewer Comment (2025-09-30): provided<br>Seller Comment (2025-09-26): (Rate Lock) Final SS provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117448 | XXXX | 34487940 | 200208087-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.63 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Debt Service Coverage Ratio of 0.84 does not meet the require guideline DSCR. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 100.82<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 741 | XXXX | Reviewer Comment (2025-09-18): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117449 | XXXX | 34615110 | 200208088-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for Manufactured ADU, no value given and no income generated. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-08): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-10-04): (Rate Lock) Please waive<br>Reviewer Comment (2025-10-02): Lender exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117449 | XXXX | 34621632 | 200208088-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (2025-10-01): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117450 | XXXX | 34513190 | 200208091-5802 | XXXX | Credit | Credit | Credit Documentation | Credit | There is no lease in place for the subject property and the absence of this document casts doubt on business purpose of loan. |  | Reviewed and noted |  |  |  | Reviewer Comment (2025-09-26): Associated LOE to Business cert, explaining business purpose.<br>Seller Comment (2025-09-24): (Rate Lock) Please use appraisal | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117450 | XXXX | 34513384 | 200208091-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for a 4 unit property with 3 vacant properties and the other being month to month. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 11.46<br> Guideline Requirement: 6.00<br>Debt Service Coverage Ratio: 1.53<br> Guideline Requirement: 1.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 778 | XXXX | Reviewer Comment (2025-09-26): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-24): (Rate Lock) EV2 accept please waive<br>Reviewer Comment (2025-09-23): FICO higher than 740, AND at least 20 points higher than guideline minimum; Monthly reserves is verified AND at least 4 months more than guideline minimum; Qualifying DSCR higher than 1.1x, AND at least 0.1x higher than guideline minimum; Housing payment history is 0x30x24 or better | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117451 | XXXX | 34498454 | 200208092-30930 | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. |  |  |  | Reviewer Comment (2025-09-25): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-23): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117451 | XXXX | 34498462 | 200208092-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXXXXXX HOA Verification, Statement | mortgage statement is missing |  |  |  | Reviewer Comment (2025-09-30): provided<br>Seller Comment (2025-09-26): (Rate Lock) The actual mortgage statement was provided and is sufficient per condition<br>Reviewer Comment (2025-09-25): 1003 provided for 225 - XXXX, however CD or First Payment Statement missing to determine new monthly PITIA for loan XXXX.<br>Seller Comment (2025-09-25): (Rate Lock) XXXX was a typo, it is XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117451 | XXXX | 34520408 | 200208092-27855 | XXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Highest level secondary valuation supports the value. There is a lower level tertiary product that does not support the qualifying value. Sec ID: 22 | Note Date: XXXX; Lien Position: 1 | Note Date: XXXX; Lien Position: 1 |  |  |  | Reviewer Comment (2025-09-25): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-23): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 A B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117452 | XXXX | 34404026 | 200208094-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 5.20 is less than Guideline PITIA months reserves of 6.00. | Verified months reserves of 5.20 is less than Guideline PITIA months reserves of 6.00. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors provided. | XXXX | Reviewer Comment (2025-09-17): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-09-15): (Rate Lock) Please see attached exception approval<br>Seller Comment (2025-09-15): (Rate Lock) Exception has been requested, please see attached | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117455 | XXXX | 34635020 | 200208103-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Creditor did not provide a copy of each valuation to applicant three business days prior to consummation. |  |  |  | Reviewer Comment (2025-10-08): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-10-04): (Rate Lock) Lender accepts Ev2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117455 | XXXX | 34635024 | 200208103-7038 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/XXXX) | Closing Disclosure not provided to Borrower(s) at least three business days prior to closing. |  |  |  | Reviewer Comment (2025-10-06): XXXX received CD dated XXXX<br>Seller Comment (2025-10-04): (Rate Lock) ICD and cert provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117456 | XXXX | 34450467 | 200208104-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to use 75% of rents for property owned utilizing lease agreement, evidence of receipt of deposit and first rents. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower has worked in same industry more than 5 years.<br>Borrower has verified residual income (disposable income) of at least XXXX per month.<br>Borrower has worked in same job more than 3 years. | XXXX | Reviewer Comment (2025-09-16): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117456 | XXXX | 34450473 | 200208104-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for gift of $XXXX being utilized which exceeds minimum 10% borrower contribution. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower has worked in same industry more than 5 years.<br>Borrower has verified residual income (disposable income) of at least XXXX per month.<br>Borrower has worked in same job more than 3 years. | XXXX | Reviewer Comment (2025-09-16): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117458 | XXXX | 34477485 | 200208109-7038 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/XXXX) | Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. |  |  |  | Reviewer Comment (2025-09-26): XXXX received CD dated XXXX<br>Seller Comment (2025-09-25): (Rate Lock) ICD and cert provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117458 | XXXX | 34477486 | 200208109-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-10-24): XXXX received Corrected PCCD, Letter of Explanation, Proof of Delivery and Copy of Refund Check resulting in a cured the exception.<br>Reviewer Comment (2025-10-08): XXXX received rebuttal. However, the Appraisal re-inspection added on CD dated XXXX for $XXXX the COC provided is not within three days of the Appraisal report dated XXXX (The timing is from when the appraisal was received by the lender to when the new fee was disclosed to the borrower. This timing should be three days or less.). We require evidence when did the lender became aware about requirement of Appraisal re-inspection or else provide cure docs. Cure documents consist of Post CD,LOX,Copy of refund check and proof of mailing.<br>Seller Comment (2025-10-07): (Rate Lock) Invoice provided shows lender was made aware XXXX of the fee and re-disclosed 9/3 | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117458 | XXXX | 34477487 | 200208109-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Employment Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Verification Of Employment Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower |  |  |  | Reviewer Comment (2025-10-24): XXXX received Corrected PCCD, Letter of Explanation, Proof of Delivery and Copy of Refund Check resulting in a cured the exception.<br>Reviewer Comment (2025-10-08): XXXX received Post CD and Copy of refund check. However,we would require LOX and proof of mailing in order to cure the exception.<br>Seller Comment (2025-10-07): (Rate Lock) PCCD provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117458 | XXXX | 34477494 | 200208109-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Exception needed for VISA classification. B1 is C08 Non Perm Resident . Card received is valid from XXXX to XXXX. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has verified residual income (disposable income) of at least XXXX per month.<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 38.18633% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (2025-09-17): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117458 | XXXX | 34672781 | 200208109-30168 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Interim Closing Disclosure Timing Test | TILA-RESPA Integrated Disclosure – Corrected Closing Disclosure provided on or after XXXX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation |  |  |  |  | Reviewer Comment (2025-10-24): XXXX received disclosure Tracking for CD dated XXXX received to consumer 3 business days prior to the consummation.<br>Seller Comment (2025-10-23): (Rate Lock) Cert provided<br>Seller Comment (2025-10-23): (Rate Lock) LOE provided<br>Reviewer Comment (2025-10-22): XXXX received disclosures summary for CD dated 0XXXX however, to address this exception summary for 0XXXX CD is required to confirm the earliest receipt to the borrower. Please provide connecting information to match this with the XXXX CD. \*\*Did not receive any new documentation to address the prior requested information: The docusign Certificate of Completion is missing what document was provided to borrower that was sent, viewed & signed. It could be assumed it is the XXXX CD, however the docusign does not have information in the Subject to confirm it was the CD sent and only states Loans ESign document request and envelope ID's do not show on CD and match up that the CD was included in this electronic document package. Please provide connecting information to match this with the XXXX CD.<br>Seller Comment (2025-10-22): (Rate Lock) Audit trail shows borrower opened the CD XXXX<br>Reviewer Comment (2025-10-21): The docusign Certificate of Completion is missing what document was provided to borrower that was sent, viewed & signed. It could be assumed it is the XXXX CD, however the docusign does not have information in the Subject to confirm it was the CD sent and only states Loans ESign document request and envelope ID's do not show on CD and match up that the CD was included in this electronic document package. Please provide connecting information to match this with the XXXX CD.<br>Seller Comment (2025-10-20): (Rate Lock) Cert shows sent, viewed, and signed all on the same day of 9/8<br>Reviewer Comment (2025-10-15): XXXX received XXXX CD & COC & e-sign process. The XXXX CD reflects an increase in APR over .125% from the initial CD. CD did not reflect proof of earlier receipt and mailbox rule in effect with a receipt date of XXXXhich is also date of consummation. CD would not have been received the 3 business days prior to consummation date. The docusign certif of completion does not reflect that this XXXX CD was received by borrower and only appears to be the Loans Esign document request. No CD is listed as part of this document sent. If earlier proof of receipt is provided for this 9-8 CD can re-test and should be received 3 business days prior to consummation.<br>Seller Comment (2025-10-14): (Rate Lock) CIC and cert provided | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | TRID timing exception, no remediation available. C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117461 | XXXX | 34500115 | 200208114-23931 | XXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary | The file was missing a copy of the final title policy. |  |  |  | Reviewer Comment (2025-10-03): 100% minus a Business Expense Ratio applied to the average deposits. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117461 | XXXX | 34500117 | 200208114-32065 | XXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  | Title policy amount is blank on Title Preliminary. |  |  |  | Reviewer Comment (2025-09-29): Amount entered | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117461 | XXXX | 34503028 | 200208114-5366 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 51.41664% exceeds Guideline total debt ratio of 50.00000%. | Verified and calculated the income as per provided documents. DTI is still exceeding the guideline limit of 50.00%, as Income reflecting XXXX for 'XXXX' as per final 1003 but the calculated income XXXX, due to which this exception fired. |  |  |  | Reviewer Comment (2025-10-03): 100% minus a Business Expense Ratio applied to the average deposits.<br>Seller Comment (2025-09-30): attached | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117461 | XXXX | 34503033 | 200208114-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Verified and calculated the income as per provided documents. DTI is still exceeding the guideline limit of 50.00%, as Income reflecting XXXX for 'XXXX' as per final 1003 but the calculated income XXXX, due to which this exception fired. |  |  |  | Reviewer Comment (2025-10-03): 100% minus a Business Expense Ratio applied to the average deposits.<br>Seller Comment (2025-09-30): attached - | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117461 | XXXX | 34503036 | 200208114-25034 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 51.41664% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) | Verified and calculated the income as per provided documents. DTI is still exceeding the guideline limit of 50.00%, as Income reflecting XXXX for 'XXXX' as per final 1003 but the calculated income XXXX, due to which this exception fired. |  |  |  | Reviewer Comment (2025-10-08): Documentation provided.<br>Seller Comment (2025-10-06): items already provided pls clr thx | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117461 | XXXX | 34503087 | 200208114-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Verified and calculated the income as per provided documents. DTI is still exceeding the guideline limit of 50.00%, as Income reflecting XXXX for 'XXXX' as per final 1003 but the calculated income XXXX, due to which this exception fired. |  |  |  | Reviewer Comment (2025-10-08): Documentation provided.<br>Seller Comment (2025-10-06): items provided already please clr thx | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117462 | XXXX | 34649106 | 200208116-5381 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided |  | EIN (Employment Identification Number) is missing in file |  |  |  | Reviewer Comment (2025-10-16): Document provided and Entered. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117462 | XXXX | 34653424 | 200208116-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for the subject being a rural property. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | XXXX | Reviewer Comment (2025-10-07): Lender exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117463 | XXXX | 34672206 | 200208117-4433 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow - Reason | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. (Final/XXXX) | Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. (Final/XXXX) |  |  |  | Reviewer Comment (2025-10-13): XXXX received corrected PCCD and LOE<br>Seller Comment (2025-10-11): (Rate Lock) pccd provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117465 | XXXX | 34632298 | 200208119-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.88 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.88 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-07): Lender Exception with Comp Factors.<br>Reviewer Comment (2025-10-03): Lender exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117467 | XXXX | 34547093 | 200208121-6446 | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.88687% or Final Disclosure APR of 8.93200% is equal to or greater than the threshold of APOR 6.54% + 1.5%, or 8.04000%. Non-Compliant Higher Priced Mortgage Loan. | APR on subject loan of 8.88687% or Final Disclosure APR of 8.93200% is equal to or greater than the threshold of APOR 6.54% + 1.5%, or 8.04000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2025-10-01): Document proived<br>Seller Comment (2025-09-30): Please see attached proof of appraisal delivery that's in the credit pkg as well. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117467 | XXXX | 34547094 | 200208121-7013 | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Creditor did not provide a copy of each valuation to applicant three business days prior to consummation. |  |  |  | Reviewer Comment (2025-10-01): Provide<br>Seller Comment (2025-09-30): Please see attached proof of appraisal delivery that's in the credit pkg as well. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117467 | XXXX | 34547095 | 200208121-3883 | XXXX | Compliance | Compliance | Federal Compliance | Missing Disclosure | Notice of Special Flood HXXXXard Disclosure Not Provided Timely | FDPA Notification Rule: Creditor did not provide a Notice of Special Flood HXXXXard Disclosure within a reasonable time prior to closing. | Creditor did not provide a Notice of Special Flood HXXXXard Disclosure within a reasonable time prior to closing. |  |  |  | Reviewer Comment (2025-10-01): Notice of Special Flood HXXXXard Disclosure<br>Seller Comment (2025-09-30): Please see attached. | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117467 | XXXX | 34581119 | 200208121-4436 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): 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. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (2025-10-01): Provided XXXX<br>Seller Comment (2025-09-30): The attached proof of delivery is in the file. Appraisal was delivered to the borrower on 0XXXX and note date is XXXX which is way more than 3 business days. | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117468 | XXXX | 34473295 | 200208122-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.85 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR less than 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Monthly reserves is verified AND at least 4 months more than guideline minimum.<br>FICO higher than 740, AND at least 20 points higher than guideline minimum. | XXXX | Reviewer Comment (2025-09-17): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117469 | XXXX | 34518446 | 200208123-23385 | XXXX | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report Date: XXXX, Valuation Type: Desk Review / Valuation Report Date: XXXX | The appraisal reflects XXXX as the city; however, the note's city is XXXX. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has owned the subject property for at least 5 years.<br>Reserves: 86.89<br> Guideline Requirement: 12.00<br>Combined Loan to Value: 54.38596%<br> Guideline Maximum Combined Loan to Value: 75.00000%<br>Loan to Value: 54.38596%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 744 | XXXX | Reviewer Comment (2025-09-29): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-25): (Rate Lock) Lender accepts EV2<br>Reviewer Comment (2025-09-23): Per USPS city is XXXX | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117469 | XXXX | 34518465 | 200208123-23383 | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | The insurance reflects XXXX as the city; however, the note's city is XXXX. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has owned the subject property for at least 5 years.<br>Reserves: 86.89<br> Guideline Requirement: 12.00<br>Combined Loan to Value: 54.38596%<br> Guideline Maximum Combined Loan to Value: 75.00000%<br>Loan to Value: 54.38596%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 744 | XXXX | Reviewer Comment (2025-09-29): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-25): (Rate Lock) Lender accepts EV2<br>Reviewer Comment (2025-09-23): Per USPS city is XXXX | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117470 | XXXX | 34581225 | 200208126-34171 | XXXX | Credit | Loan Eligibility | Guideline Issue | Loan Eligibility | Housing history reflects lates that do not meet guidelines. | Credit Report: Original // Borrower: XXXX XXXX, XXXX Housing history reflects a total of 1 reported late payments. | Requesting exception to allow 1\*30\*12 mortgage late. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years<br>Documentation Type: 24mo Bank Statement<br> Disposable Income: $XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower's Own Funds Percent: 29.23%<br> Borrower's Own Funds Amount: $XXXX<br>DTI: 9.51725% <br> Guideline Maximum DTI: 50.00000% | XXXX | Reviewer Comment (2025-10-01): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-30): (Rate Lock) EV2 accept please waive<br>Reviewer Comment (2025-09-29): Lender exception. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117471 | XXXX | 34547827 | 200208129-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (2025-09-25): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117473 | XXXX | 34661190 | 200208134-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for a non warrantable condo. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Seasoned Borrower/Investor whose experience exceeds XXXX projects. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Seasoned Borrower/Investor whose experience exceeds XXXX projects. | XXXX | Reviewer Comment (2025-10-07): Lender exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117474 | XXXX | 34686345 | 200208136-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 70.00000%. | LTV of 80% exceeds the guideline max of 70% for a rural property. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | XXXX | Reviewer Comment (2025-10-09): Lenders Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117474 | XXXX | 34686346 | 200208136-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 70.00000%. | LTV of 80% exceeds the guideline max of 70% for a rural property. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | XXXX | Reviewer Comment (2025-10-09): Lenders Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117474 | XXXX | 34687778 | 200208136-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 70.00000%. | Lenders Exception with Compensating Factors. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | XXXX | Reviewer Comment (2025-10-09): Lenders Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117474 | XXXX | 34687780 | 200208136-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 70.00000%. | Lenders Exception with Compensating Factors. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | XXXX | Reviewer Comment (2025-10-09): Lenders Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117476 | XXXX | 34526001 | 200208139-17814 | XXXX | Credit | Missing Document | General | Missing Document | Incomplete Document: 1003 Final is incomplete |  | Provide final 1003 document with borrower and coborrowers sign and date. |  |  |  | Reviewer Comment (2025-09-29): provided<br>Seller Comment (2025-09-25): See attached 1003 final signed | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117476 | XXXX | 34526034 | 200208139-6446 | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.81114% or Final Disclosure APR of 9.01200% is equal to or greater than the threshold of APOR 6.32% + 1.5%, or 7.82000%. Non-Compliant Higher Priced Mortgage Loan. | APR on subject loan of 8.81114% or Final Disclosure APR of 9.01200% is equal to or greater than the threshold of APOR 6.32% + 1.5%, or 7.82000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2025-10-07): Cure for 2nd appraisal. Loan is HPML Compliant.<br>Seller Comment (2025-10-03): Cured please see trailing docs.<br>Reviewer Comment (2025-09-29): The exception can be cured with an LOE, refund of the additional appraisal, and proof of delivery.<br>Seller Comment (2025-09-25): Will this be cured if appraisal fee is refunded to the borrower | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117476 | XXXX | 34526035 | 200208139-4172 | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Flipped Property - Borrower Charged for 2 Appraisals) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Flipped Property - Creditor improperly charged consumer for two (2) appraisals. | Flipped Property - Creditor improperly charged consumer for two (2) appraisals. |  |  |  | Reviewer Comment (2025-10-07): Cure documentation received.<br>Seller Comment (2025-10-03): Cured please see trailing docs.<br>Reviewer Comment (2025-09-29): The exception can be cured with an LOE, refund of the additional appraisal, and proof of delivery.<br>Seller Comment (2025-09-25): If second appraisal fee refunded to borrower will this cure ? | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | Provide evidence of the refund of the amount charged to the consumer for the second appraisal performed on the subject property. (Include a copy of the Refund Check, Proof of Delivery, and Cover Letter) B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117476 | XXXX | 34532163 | 200208139-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-10-06): XXXX Received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Seller Comment (2025-10-03): Please see attached PCCD,LOE and refund check<br>Reviewer Comment (2025-09-26): XXXX received rebuttal. Exception will be cured and downgraded to EV2 once cure will be provided to borrower. Cure requirements include LOE, corrected CD, proof of mailing and copy of refund check.<br>Seller Comment (2025-09-25): Please advise if this is refunded to the borrower will this exception be downgraded to 2 and will the HPML conditions be cleared or downgraded? | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117479 | XXXX | 34507062 | 200208145-4436 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): 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. (Type:Primary/XXXX) | No documentation in the file to evidence borrower was provided with a copy of valuation three (3) business days prior to consummation |  |  |  | Reviewer Comment (2025-09-26): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-24): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117479 | XXXX | 34507063 | 200208145-34967 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): 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. (Client:XXXX/XXXX) | No documentation in the file to evidence borrower was provided with a copy of valuation three (3) business days prior to consummation |  |  |  | Reviewer Comment (2025-09-26): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-24): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117480 | XXXX | 34574419 | 200208149-2834 | XXXX | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided |  | Flood Certificate is missing. |  |  |  | Reviewer Comment (2025-10-01): Provided<br>Seller Comment (2025-09-30): Please see attached flood cert. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117481 | XXXX | 34541399 | 200208152-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to proceed with dispute on credit report. It is only disputed by one bureau. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 13.79<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 37.45%<br> Borrower's Own Funds Amount: $XXXX<br>DTI: 20.27791% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (2025-09-30): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-26): (Rate Lock) Please waive EV2<br>Reviewer Comment (2025-09-25): Monthly reserves is verified AND at least 4 months more than guideline minimum; Qualifying DTI less than 35%, AND at least 10% less than guideline maximum; Borrower has worked in same job more than 3 years; Borrower has worked in same industry more than 5 years; Borrower has verified residual income (disposable income) of at least XXXX per month | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117482 | XXXX | 34632999 | 200208154-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.97 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Debt Service Coverage Ratio of 0.97 does not meet the require guideline DSCR. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-08): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-10-04): (Rate Lock) please clear<br>Reviewer Comment (2025-10-03): Lender exception. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117485 | XXXX | 34716011 | 200208157-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception approved allowing XXXX NSF within 12 months. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-14): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117485 | XXXX | 34720935 | 200208157-25807 | XXXX | Compliance | Compliance | State Compliance | State Defect | XXXX Prepayment Penalty | XXXX Prepayment Penalty: Maximum calculated prepay of XXXX.00 exceeds the state maximum of 1% of the original balance (XXXX). Prepay language states prepay will not exceed maximum permitted by applicable law. | Note reflects a Pre-Payment Penalty of 5% for 12 months. |  |  |  | Reviewer Comment (2025-10-17): Client accepts EV2 Grade and elects to Waive. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117486 | XXXX | 34735929 | 200208159-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception requested and approved to allow FTHB and investor and unverified housing history with living rent free. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Lender Exception with Compensating Factors provided.<br>9.78> 6.0 required by Guidelines. | XXXX | Reviewer Comment (2025-10-27): Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-10-27): Updating Findings.<br>Reviewer Comment (2025-10-16): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117486 | XXXX | 34736039 | 200208159-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception requested and approved to allow DSCR <1 at 0.778 | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Lender Exception with Compensating Factors provided.<br>9.78> 6.0 required by Guidelines. | XXXX | Reviewer Comment (2025-10-27): Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-10-27): Updating Findings.<br>Reviewer Comment (2025-10-16): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117486 | XXXX | 34736691 | 200208159-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.78 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Lender Exception with Compensating Factors provided.<br>9.78> 6.0 required by Guidelines. | XXXX | Reviewer Comment (2025-10-27): Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-10-27): Updating Findings.<br>Reviewer Comment (2025-10-16): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117487 | XXXX | 34519175 | 200208160-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for the appraisal uses comp sale 1 with a 21.5% gross adj., Comp sale 2 with a 25.7% gross adj, comp sale three with a -22.5% net and 34.2% gross adjustment, and comp sale 4 with a 23.3% gross adjustment. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Guidelines Representative FICO: 660<br> Representative FICO: 814<br>The DSCR of 1.12 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (2025-09-22): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117487 | XXXX | 34519185 | 200208160-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for the purchase price of $XXXX exceeds the $XXXX appraised value by $XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Guidelines Representative FICO: 660<br> Representative FICO: 814<br>The DSCR of 1.12 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (2025-09-22): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117488 | XXXX | 34546750 | 200208161-7038 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/XXXX) | Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/XXXX) |  |  |  | Reviewer Comment (2025-10-01): XXXX received initial CD.<br>Seller Comment (2025-09-30): (Rate Lock) ICD and cert provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117488 | XXXX | 34546795 | 200208161-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Guidelines state if employed by family 2 years of bank statements required. Required exception to proceed without the 2 years of taxes as bank statement loan. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: $XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 21.49%<br> Borrower's Own Funds Amount: $XXXX | XXXX | Reviewer Comment (2025-10-01): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-30): (Rate Lock) Please downgrade the 3 and waive all EV2<br>Reviewer Comment (2025-09-26): Guidelines state if employed by family 2 years of bank statements required. Required exception to proceed without the 2 years of taxes as bank statement loan. 2 year w2 provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117488 | XXXX | 34547987 | 200208161-5366 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 43.67069% exceeds Guideline total debt ratio of 43.00000%. | DTI exceeds guideline max of 43% for borrower living rent free. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: $XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 21.49%<br> Borrower's Own Funds Amount: $XXXX | XXXX | Reviewer Comment (2025-10-01): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-30): (Rate Lock) Please downgrade the 3 and waive all EV2<br>Reviewer Comment (2025-09-26): Borrower lives rent free as part of employment. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117488 | XXXX | 34548657 | 200208161-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Max DTI for a rent free borrower is 43%. |  |  |  | Reviewer Comment (2025-10-08): System cleared after Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-10-08): Comp Factors provided.<br>Reviewer Comment (2025-10-01): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-30): (Rate Lock) Please downgrade the 3 and waive all EV2 | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117488 | XXXX | 34548658 | 200208161-25034 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 43.67069% moderately exceeds the guideline maximum of 43.00%. (DTI Exception is eligible to be regraded with compensating factors.) | Max DTI for a rent free borrower is 43%. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: $XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 21.49%<br> Borrower's Own Funds Amount: $XXXX | XXXX | Reviewer Comment (2025-10-01): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-30): (Rate Lock) Please downgrade the 3 and waive all EV2<br>Reviewer Comment (2025-09-26): Lives rent free as part of employment | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117488 | XXXX | 34582305 | 200208161-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. |  |  |  |  | Reviewer Comment (2025-10-08): System cleared after Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-10-08): Comp Factors provided.<br>Reviewer Comment (2025-10-01): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-30): (Rate Lock) Please downgrade the 3 and waive all EV2 | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117490 | XXXX | 34681134 | 200208166-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX XXXX, XXXXXXXX Lease Agreement | Lease Agreement not provided for Address: XXXX XXXX, XXXXXXXX |  |  |  | Reviewer Comment (2025-10-16): REO Documents provide . | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117490 | XXXX | 34681160 | 200208166-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Creditor did not provide a copy of each valuation to applicant three business days prior to consummation. |  |  |  | Reviewer Comment (2025-10-16): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-10-14): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117490 | XXXX | 34681161 | 200208166-6446 | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.16789% or Final Disclosure APR of 8.24000% is equal to or greater than the threshold of APOR 6.54% + 1.5%, or 8.04000%. Non-Compliant Higher Priced Mortgage Loan. | APR on subject loan of 8.16789% or Final Disclosure APR of 8.24000% is equal to or greater than the threshold of APOR 6.54% + 1.5%, or 8.04000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2025-10-16): Delivery provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117490 | XXXX | 34681162 | 200208166-7013 | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Creditor did not provide a copy of each valuation to applicant three business days prior to consummation. |  |  |  | Reviewer Comment (2025-10-16): Delivery provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117490 | XXXX | 34681163 | 200208166-3677 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. |  |  |  | Reviewer Comment (2025-10-16): Documents provided. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117490 | XXXX | 34681164 | 200208166-1234 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - REO 25% Method | Ability to Repay (Dodd-Frank 2014): Unable to verify Real Estate Owned income (25% Method) using reasonably reliable third-party records. (XXXX XXXX/25% Vacancy Method) | Missing form 1007/1025 or lease for property XXXX XXXX XXXX XXXX in the Income/REO section. |  |  |  | Reviewer Comment (2025-10-16): Documents provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117490 | XXXX | 34681167 | 200208166-4204 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | General Ability-to-Repay requirements not satisfied. |  |  |  | Reviewer Comment (2025-10-16): Documents provided. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117491 | XXXX | 34727825 | 200208168-29640 | XXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Additional 1 month assets, or XXXX, required. Borrower short reserves. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | XXXX | Reviewer Comment (2025-10-22): Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-10-21): The Gift Funds of $XXXX were deposited into the XXXX business accost, #XXXX. Excluding the funds result in the shortage.<br>Seller Comment (2025-10-17): (Rate XXXX | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117491 | XXXX | 34727826 | 200208168-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 5.00 is less than Guideline PITIA months reserves of 6.00. | Additional 1 month assets, or XXXX, required. Borrower short reserves. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | XXXX | Reviewer Comment (2025-10-22): Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-10-21): The Gift Funds of $XXXX were deposited into the XXXX business accost, #XXXX. Excluding the funds result in the shortage.<br>Seller Comment (2025-10-17): (Rate Lock) XXXX (XXXX | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117491 | XXXX | 34727827 | 200208168-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Additional 1 month assets, or XXXX, required. Borrower short reserves. |  |  |  | Reviewer Comment (2025-10-22): System cleared after Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-10-21): The Gift Funds of $XXXX were deposited into the XXXX business accost, #XXXX. Excluding the funds result in the shortage.<br>Seller Comment (2025-10-17): (Rate Lock) XXXX (XXXXXXXX | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117491 | XXXX | 34727828 | 200208168-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Additional 1 month assets, or XXXX, required. Borrower short reserves. |  |  |  | Reviewer Comment (2025-10-22): System cleared after Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-10-21): The Gift Funds of $XXXX were deposited into the XXXX business accost, #XXXX. Excluding the funds result in the shortage.<br>Seller Comment (2025-10-17): (Rate Lock) XXXX (XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117491 | XXXX | 34727829 | 200208168-33058 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Additional 1 month assets, or XXXX, required. Borrower short reserves. |  |  |  | Reviewer Comment (2025-10-22): System cleared after Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-10-21): The Gift Funds of $XXXX were deposited into the XXXX business accost, #XXXX. Excluding the funds result in the shortage.<br>Seller Comment (2025-10-17): (Rate Lock) XXXX (XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117492 | XXXX | 34513201 | 200208171-27655 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided |  | Business Bank Statement for Account ending with XXXX missing in loan file for the month of XXXX. |  |  |  | Reviewer Comment (2025-09-26): Month of XXXX provided<br>Seller Comment (2025-09-24): see trailing docs | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117492 | XXXX | 34513204 | 200208171-5404 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Account Statements - Business | Business Bank Statement for Account ending with XXXX missing in loan file for the month of XXXX. |  |  |  | Reviewer Comment (2025-09-26): Month of XXXX provided<br>Seller Comment (2025-09-24): See attached missing bank statement | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117492 | XXXX | 34513299 | 200208171-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender Exception allowing to proceed with prior felony. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: $XXXX<br>Reserves: 112.00<br> Guideline Requirement: 9.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 775 | XXXX | Reviewer Comment (2025-09-26): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-24): Please clear exception issued<br>Reviewer Comment (2025-09-23): ompensating Factors:<br> LTV < 70% vs max 75%<br> FICO 792 vs min 720<br> Mortgage History 8+ years 0x30<br> Experienced Investor 6+ years<br> Same Residence 8+ years<br>Borrower Exception Requested:<br> 1) Cash in hand $1, XXXX vs max $XXXX with LTV > 60%;<br> 2) Prior felony | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117492 | XXXX | 34514388 | 200208171-4266 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Total cash-out discrepancy. | HUD-1 total cash-out of XXXX is greater than Guideline total cash-out of XXXX. |  | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: $XXXX<br>Reserves: 112.00<br> Guideline Requirement: 9.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 775 | XXXX | Reviewer Comment (2025-09-26): Client accepts EV2 and Waives.<br>Seller Comment (2025-09-26): Please waive and clear.<br>Reviewer Comment (2025-09-26): Exception for cash out exceeding the GL Limit<br>Seller Comment (2025-09-24): See attached lender exception for the cash out exceeding the GL limit. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117492 | XXXX | 34514440 | 200208171-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Business Bank Statement for Account ending with XXXX missing in loan file for the month of XXXX. |  |  |  | Reviewer Comment (2025-09-26): Month of XXXX provided<br>Seller Comment (2025-09-24): see trailing docs | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117291 | XXXX | 34428916 | 200190063-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved non-warrantable condo. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Combined Loan to Value: 51.28205%<br> Guideline Maximum Combined Loan to Value: 70.00000%<br>Loan to Value: 51.28205%<br> Guideline Maximum Loan to Value: 70.00000% | XXXX | Reviewer Comment (2025-09-12): Client elects to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117495 | XXXX | 34516845 | 200208179-34960 | XXXX | Compliance | Compliance | State Compliance | Misc. State Level | XXXX Mortgage Lender and Broker Act (Dual Agency Compensation Without Notice) | XXXX Mortgage Lender and Broker Act: Mortgage broker also acting as agent has received compensation from the borrower without providing a written agreement to the borrower. | Broker Notice missing in file. |  |  |  | Reviewer Comment (2025-10-01): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-29): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117497 | XXXX | 34626977 | 200208199-4266 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Total cash-out discrepancy. | HUD-1 total cash-out of XXXX is greater than Guideline total cash-out of XXXX. |  | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-07): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-10-03): (Rate Lock) EV2 accept please waive<br>Reviewer Comment (2025-10-02): Lender exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117502 | XXXX | 34540822 | 200208214-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for C09 category un non perm. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 17.33%<br> Borrower's Own Funds Amount: $XXXX | XXXX | Reviewer Comment (2025-09-30): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-09-26): (Rate Lock) Lender accepts EV2 please clear<br>Reviewer Comment (2025-09-25): Compensating Factors:<br> 9 months reserves | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117503 | XXXX | 34636093 | 200208216-7038 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/XXXX) | Closing Disclosure not provided to Borrower(s) at least three business days prior to closing. |  |  |  | Reviewer Comment (2025-10-13): XXXX received XXXX Initial CD, 3 business days prior to the consummation. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117503 | XXXX | 34636094 | 200208216-34957 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of XXXX exceeds tolerance of XXXX. Sufficient cure is required. |  |  |  | Reviewer Comment (2025-10-20): XXXX received valid rebuttal comment with supporting rate lock document for the pricing changed.<br>Seller Comment (2025-10-17): (Rate Lock) The COC reflected loan program change (exception) and that caused changes in lender credits see the attached lock<br>Reviewer Comment (2025-10-13): XXXX: The COC and rate lock document that was provided in the trailing images was also provided in the original loan package. But it does not give sufficient information on what impacts and why the pricing was changed. In order to determine if the changed circumstance is valid more information is necessary on reason for the pricing changed to decrease the lender credit when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.<br>Seller Comment (2025-10-10): (Rate Lock) Lock updated to reflect exception causing the change in lender credit | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117503 | XXXX | 34641567 | 200208216-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 90.00000% exceeds Guideline loan to value percentage of 85.00000%. | LTV of 90% exceeds guideline max of 85% for a borrower living rent free. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors. | XXXX | Reviewer Comment (2025-10-15): Lender Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117503 | XXXX | 34641568 | 200208216-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 90.00000% exceeds Guideline combined loan to value percentage of 85.00000%. | LTV of 90% exceeds guideline max of 85% for a borrower living rent free. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors. | XXXX | Reviewer Comment (2025-10-15): Lender Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117504 | XXXX | 34695089 | 200208219-26684 | XXXX | Property | Appraisal | Appraisal Reconciliation | Appraisal | Missing secondary valuation viaDesk Review, Field Review, or 2nd URAR, as required by client. |  |  |  |  |  | Reviewer Comment (2025-10-16): Secondary valuation Provided and added. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117504 | XXXX | 34695090 | 200208219-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.88 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Exception Request for DSCR <1.0 @ 0.88. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-13): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117505 | XXXX | 34590740 | 200208222-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception allowing entire project to be short-term rental and unit owners are required to use the XXXX Condominiums rental management company to rent their units. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-07): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-10-04): (Rate Lock) Please waive<br>Reviewer Comment (2025-09-30): Lender exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117505 | XXXX | 34590748 | 200208222-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The HOA's budget does not have an expense line item for reserves; however, they have a segregated reserve account. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-07): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-10-02): (Rate Lock) Approved exception provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117505 | XXXX | 34600368 | 200208222-30725 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Vacation Rental Income Statement (XXXX, XXXX, etc.) not provided |  | Property is short term . provide 12 month rental income |  |  |  | Reviewer Comment (2025-10-07): LOE provided.<br>Seller Comment (2025-10-04): (Rate Lock) LOE provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117507 | XXXX | 34698228 | 200208224-7038 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/XXXX) | Closing Disclosure not provided to Borrower(s) at least three business days prior to closing. CD dated XXXX not present in file. |  |  |  | Reviewer Comment (2025-10-15): XXXX received CD dated XXXX<br>Seller Comment (2025-10-14): (Rate Lock) ICD provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | No Defined Cure A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117507 | XXXX | 34717596 | 200208224-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | COC does not state a valid reason for adding an Appraisal Fee after the initial LE. |  |  |  | Reviewer Comment (2025-10-16): XXXX received rebuttal comment and supporting appraisal transfer letter for a valid changed circumstance.<br>Seller Comment (2025-10-15): (Rate Lock) Transfer appraisal request form provided; showing lender was not made aware of fee until 9/16 after ILE was sent, and we re-disclosed within 3 days of fee so no cure needed<br>Reviewer Comment (2025-10-15): XXXX received rebuttal, however we require additional information when lender became aware of appraisal transfer and why the fee was added on initial LE. Please provide additional information along with appraisal transfer letter to re-evaluate the excepion.<br>Seller Comment (2025-10-14): (Rate Lock) The appraisal was a transfer, we don't need to cure the appraisal if one is needed. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117512 | XXXX | 34633374 | 200208231-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for the condo having a 60% single entity ownership. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-08): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-10-04): (Rate Lock) Please clear<br>Reviewer Comment (2025-10-03): Lender exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117512 | XXXX | 34633394 | 200208231-31591 | XXXX | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | Valuation Type: Appraisal / Valuation Report Date: XXXX | File does not contain documentation from lender/seller confirming the condo is warrantable. |  |  |  | Reviewer Comment (2025-10-03): okay for it to be non-warrantable, meets all requirements. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117512 | XXXX | 34641042 | 200208231-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for the condo budget not allocating a line item for reserves. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-08): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-10-04): (Rate Lock) Please clear<br>Reviewer Comment (2025-10-03): Lender exception. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117513 | XXXX | 34524935 | 200208234-2802 | XXXX | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 |  | 1003 Initial - Lender's is not provided. |  |  |  | Reviewer Comment (2025-09-29): Lenders 1003 provided<br>Seller Comment (2025-09-25): See attached initial 1003 | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117515 | XXXX | 34713460 | 200208241-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception approved 85% LTV for interested party involvement on investment property. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-14): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117516 | XXXX | 34581335 | 200208242-31591 | XXXX | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. |  |  |  |  |  | Reviewer Comment (2025-09-29): Non warrantable for less than 10% reserves | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117516 | XXXX | 34591606 | 200208242-31591 | XXXX | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | Valuation Type: Appraisal / Valuation Report Date: XXXX | File does not contain documentation from lender/seller confirming the condo is warrantable |  |  |  | Reviewer Comment (2025-10-01): Non Warrantable for less than 10% reserves | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117521 | XXXX | 34638290 | 200208272-4507 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of Good Standing missing |  |  |  | Reviewer Comment (2025-10-20): Evidence of date acquired provided.<br>Reviewer Comment (2025-10-15): Unable to determine when the Certificate of Good Standing was obtained. Please provide date document was acquired. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117521 | XXXX | 34641696 | 200208272-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.92 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. |  | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | XXXX | Reviewer Comment (2025-10-06): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117521 | XXXX | 34658740 | 200208272-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 3.02 is less than Guideline PITIA months reserves of 6.00. | Per Guidelines, the borrower, or all borrowers combined, must own 100% of the business to use business assets. For XXXX, the borrower only owns 90% of the company, not 100%. EMD XXXX + $XXXX FTC + POCs $XXXX = $XXXX. Final 1003 and loan file reflect $XXXX (XXXX) + $XXXX) + $XXXX (The $XXXX EMD which came from the Attorney.) EMD funds of $XXXX not documented in file as reflected on 1003. |  |  |  | Reviewer Comment (2025-10-20): Additional asset documentation provided.<br>Seller Comment (2025-10-17): (Rate Lock) Please review the attached documents that show the additional $58k that was sent for EMD<br>Reviewer Comment (2025-10-15): 100% usage applied to account. Reserves still insufficient.<br>Reviewer Comment (2025-10-15): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated PITIA months reserves of 1.64 is less than Guideline PITIA months reserves of 6.00.<br>Seller Comment (2025-10-10): (Rate Lock) or shared ownership requires an access letter from the partners allowing the use of the business funds by the borrower. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117524 | XXXX | 34633323 | 200208281-7905 | XXXX | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | Borrower: XXXX XXXX | Lender exception approving FTHB. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-08): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-10-04): (Rate Lock) Please clear<br>Reviewer Comment (2025-10-03): Lender Exception. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117526 | XXXX | 34681193 | 200208288-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Creditor did not provide a copy of each valuation to applicant three business days prior to consummation. |  |  |  | Reviewer Comment (2025-10-15): Delivery disclosure provided.<br>Seller Comment (2025-10-10): See attached acknowledgment dated XXXX | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117526 | XXXX | 34681194 | 200208288-34962 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Client:XXXX/XXXX) | Creditor did not provide a copy of each valuation to applicant three business days prior to consummation. |  |  |  | Reviewer Comment (2025-10-15): Delivery disclosure provided.<br>Seller Comment (2025-10-10): See attached Appraisal acknowledgement and Acknowledgement of receipt of the earlier version of appraisal | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117527 | XXXX | 34588486 | 200208289-27835 | XXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Note Date: XXXX; Lien Position: 1 | Investor to provide appropriate secondary valuation tool. |  |  |  | Reviewer Comment (2025-10-07): CDA provided.<br>Seller Comment (2025-10-02): (Rate Lock) CDA provided | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117527 | XXXX | 34588575 | 200208289-31591 | XXXX | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | Valuation Type: Appraisal / Valuation Report Date: XXXX | Guidelines requirement has been met. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-07): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-10-02): (Rate Lock) Please waive<br>Reviewer Comment (2025-09-30): Lender exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117527 | XXXX | 34590384 | 200208289-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to proceed without repairs needed per XXXX inspection. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-07): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-10-02): (Rate Lock) Please waive<br>Reviewer Comment (2025-09-30): Lender exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117528 | XXXX | 34550378 | 200208295-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX | Cure Privided |  |  |  | Reviewer Comment (2025-09-25): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117530 | XXXX | 34700113 | 200208298-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-13): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117530 | XXXX | 34700114 | 200208298-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 75.00000%. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-13): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117531 | XXXX | 34732490 | 200208301-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception approved. Borrower acquired property XXXX does not meet 6 month seasoning for C/O refinance. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | XXXX | Reviewer Comment (2025-10-16): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117533 | XXXX | 34614194 | 200208304-29187 | XXXX | Credit | Guideline | Guideline Issue | Guideline | Aged document: Asset Account date is more than 90 days prior to Closing. | Financial Institution: XXXX, N.A // Account Type: Checking / Account NumberXXXX | Assets are not in within 60 days | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-02): Account for non borrower , not using as asset. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117534 | XXXX | 34629699 | 200208305-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for new build having an oil/gas lease mentioned on the title commitment. A T-19 endorsement is being added to the final title policy. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-06): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-10-03): (Rate Lock) Please see uploaded exception approval form.<br>Reviewer Comment (2025-10-02): Lender exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117535 | XXXX | 34614138 | 200208306-29187 | XXXX | Credit | Guideline | Guideline Issue | Guideline | Aged document: Asset Account date is more than 90 days prior to Closing. | Financial Institution: XXXX, N.A // Account Type: Checking / Account NumberXXXX | Asset document is not within 60 days | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-02): Account is for non borrowing spouse.<br>Reviewer Comment (2025-10-02): Document is for no borrowing spouse. and not being used | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117536 | XXXX | 34635045 | 200208315-929 | XXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. | Valuation Type: Appraisal / Valuation Report Date: XXXX | Appraisal was made subject to and 442 is missing |  |  |  | Reviewer Comment (2025-10-15): 442 provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117536 | XXXX | 34635057 | 200208315-7038 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/XXXX) | Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/XXXX) |  |  |  | Reviewer Comment (2025-10-07): XXXX received 0XXXX CD received 3 business days prior to consummation. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117536 | XXXX | 34638236 | 200208315-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for borrower being a first time homebuyer and being unable to document housing payment history. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-07): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-10-03): (Rate Lock) EV2 accept please waive<br>Reviewer Comment (2025-10-03): Lender Exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117537 | XXXX | 34539585 | 200208316-30934 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Mismatch of data related to Occupancy. | Borrower: XXXX XXXX Occupancy: Second Home; Declarations/Will borrower occupy: Yes | The subject transaction is a Second Home whereas borrower has declared would be residing in the property. |  |  |  | Reviewer Comment (2025-09-30): cleared<br>Seller Comment (2025-09-26): Borrower plans on using as primary while in the US. This isn't a rental or investment property. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117537 | XXXX | 34540954 | 200208316-1238 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Schedule C | Ability to Repay (Dodd-Frank 2014): Unable to verify Sole Proprietorship income using reasonably reliable third-party records. (XXXX,XXXX XXXX XXXX Corporation/Schedule C) | Missing income documentation. |  |  |  | Reviewer Comment (2025-09-30): provided<br>Seller Comment (2025-09-26): See GL 7.4.6.1.2 - 2. A letter from the Borrower's accountant stating the Borrower's income for the previous year and YTD and length of time of self-employment income translated in English, a copy of the Borrower's accountants license must be included in the file.<br> See attached CPA Letter and the CPA License. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117537 | XXXX | 34540955 | 200208316-25040 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Qualification Method not Matching ATR | Ability to Repay (Dodd-Frank 2014): The Qualification Method used by the lender does not match the ATR payment calculation methods under 1026.43(c)(5). | Missing income documentation. |  |  |  | Reviewer Comment (2025-10-03): Documents provided and Income updated.<br>Seller Comment (2025-10-01): The way the GL reads is - One of the following - see below. <br> 7.4.6.1.2 Self Employed Income<br>Income and employment from self-employment can be documented by one of the following:<br> 1. The Borrowers most recent year tax return translated into English and a P&L.<br> 2. A letter from the Borrower's accountant stating the Borrower's income for the previous year and <br> YTD and length of time of self-employment income translated in English, a copy of the Borrower's <br> accountants license must be included in the file.<br>Reviewer Comment (2025-10-01): One of the following missing documents is required for this income source: 1) Most recent tax transcripts; 2) Most recent signed, dated 1040s; 3) Audited YTD P&L; 4) 1099<br>Seller Comment (2025-09-26): See trailing docs for CPA Letter and CPA license in accordance with GL 7.4.6.1.2. | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Second Home | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117539 | XXXX | 34641302 | 200208332-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.87 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | LTV less than 70%, AND at least 5% less than guideline maximum. | XXXX | Reviewer Comment (2025-10-06): Client elects to waive with compensating factors | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117541 | XXXX | 34665548 | 200208340-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 70.00000%. | Lender approved LTV of 80% - max is 70%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | XXXX | Reviewer Comment (2025-10-08): Compensating Factors:<br> 1) Utilized revolving 4%<br> 2) Excellent mtg history from XXXX.<br> 3) 20 mths of reserves<br>Borrower Exception Requested:<br> XXXX - Update to 5 Yrs PPP, Ratio 0.757<br> XXXX NEW\*\* FTHB - Borrower Quit Claimed his current residence to his parents recorded XXXX | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117541 | XXXX | 34665665 | 200208340-7905 | XXXX | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | Borrower: XXXX XXXX |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | XXXX | Reviewer Comment (2025-10-08): Compensating Factors:<br> 1) Utilized revolving 4%<br> 2) Excellent mtg history from XXXX.<br> 3) 20 mths of reserves<br>Borrower Exception Requested:<br> XXXX - Update to 5 Yrs PPP, Ratio 0.757<br> XXXX NEW\*\* FTHB - Borrower Quit Claimed his current residence to his parents recorded XXXX | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117541 | XXXX | 34667516 | 200208340-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 70.00000%. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | XXXX | Reviewer Comment (2025-10-08): Compensating Factors:<br> 1) Utilized revolving 4%<br> 2) Excellent mtg history from XXXX.<br> 3) 20 mths of reserves<br>Borrower Exception Requested:<br> XXXX - Update to 5 Yrs PPP, Ratio 0.757<br> XXXX NEW\*\* FTHB - Borrower Quit Claimed his current residence to his parents recorded v | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117542 | XXXX | 34587108 | 200208341-32065 | XXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  |  |  |  |  | Reviewer Comment (2025-10-01): Final Title provided<br>Seller Comment (2025-09-29): FTP | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117542 | XXXX | 34587109 | 200208341-23931 | XXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  |  | Reviewer Comment (2025-10-01): Final Title provided | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117542 | XXXX | 34587160 | 200208341-3677 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Loan designation discrepancy due to The co-borrower's VVOE is dated after the note date. |  |  |  | Reviewer Comment (2025-10-14): System cleared with Lender Exception with Compensating Factors and alternate documentation.<br>Seller Comment (2025-10-14): Credit exception for VVOE<br>Reviewer Comment (2025-10-03): With sufficient documentation provided, there is a possibility to downgrade and waive if there was alternate documentation used in place of the missing VVOE, and a Lender Exception with sufficient Compensating Factors are provided. Please provide required information for evaluation.<br>Seller Comment (2025-10-01): will a lender exception to allow cure to EV 2 ? | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117542 | XXXX | 34587161 | 200208341-3313 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - W-2 | Ability to Repay (Dodd-Frank 2014): Unable to verify current Wages/W-2 employment status using reasonably reliable third-party records. (XXXX,XXXX XXXX, Inc./Wages) | The co-borrower's VVOE is dated after the note date. |  |  |  | Reviewer Comment (2025-10-14): System cleared with Lender Exception with Compensating Factors and alternate documentation.<br>Seller Comment (2025-10-14): Credit exception for VVOE<br>Reviewer Comment (2025-10-03): Independent third party verification required. The borrower cannot be called to verify the employment for the co borrower.<br>Seller Comment (2025-10-03): See the VVOE at time of the closing.<br>Seller Comment (2025-10-01): will a lender exception to allow cure to EV 2 ? | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117542 | XXXX | 34587164 | 200208341-4204 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | The co-borrower's VVOE is dated after the note date. |  |  |  | Reviewer Comment (2025-10-14): System cleared with Lender Exception with Compensating Factors and alternate documentation. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117542 | XXXX | 34726753 | 200208341-29639 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | VVOE for Borrower 2 completed by Borrower 1. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The refinance has decreased the borrower's monthly debt payments by 20% or more.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors. | XXXX | Reviewer Comment (2025-10-14): Lender Exception with Compensating Factors to allow the business owner/Borrower 1 to provide VVOE for Borrower 2, along with W2 transcript. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117544 | XXXX | 34633003 | 200208344-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | Guideline line allowed maximum LTV 75.00% is exceeding the threshold of calculated LTV 80.00%. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Seller Comment (2025-10-03): (Rate Lock) EV2 accept please waive<br>Reviewer Comment (2025-10-03): Lender exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117544 | XXXX | 34633004 | 200208344-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 75.00000%. | Guideline line allowed maximum LTV 75.00% is exceeding the threshold of calculated LTV 80.00%. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Seller Comment (2025-10-03): (Rate Lock) EV2 accept please waive<br>Reviewer Comment (2025-10-03): Lender exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117544 | XXXX | 34633005 | 200208344-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 2.12 is less than Guideline PITIA months reserves of 6.00. |  | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-08): Lender Exception with Compensating Factors provided.<br>Reviewer Comment (2025-10-07): Lender Exception | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117545 | XXXX | 34659485 | 200208345-7038 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/XXXX) | Closing Disclosure not provided to Borrower(s) at least three business days prior to closing. |  |  |  | Reviewer Comment (2025-10-13): XXXX received 0XXXX CD received 3 business days prior to consummation.<br>Seller Comment (2025-10-11): (Rate Lock) ICD and cert showing it was viewed provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117545 | XXXX | 34659486 | 200208345-34957 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. XXXX | Final Lender Credit of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-10-13): XXXX Received Valid COC dated 0XXXX alongwith CD dated XXXX.<br>Seller Comment (2025-10-11): (Rate Lock) ICD and cert showing it was viewed provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117545 | XXXX | 34660632 | 200208345-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 85.00000% exceeds Guideline loan to value percentage of 80.00000%. | LTV of 85% exceeds guideline max of 80% for a first time buyer with no rental history. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | XXXX | Reviewer Comment (2025-10-07): Lender exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117545 | XXXX | 34660633 | 200208345-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 85.00000% exceeds Guideline combined loan to value percentage of 80.00000%. | LTV of 85% exceeds guideline max of 80% for a first time buyer with no rental history. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | XXXX | Reviewer Comment (2025-10-07): Lender exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117546 | XXXX | 34611222 | 200208346-28330 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of XXXX is less than Guideline minimum loan amount of XXXX. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Seasoned Borrower/Investor whose experience exceeds XXXX projects.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Seasoned Borrower/Investor whose experience exceeds XXXX projects.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-06): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-10-03): (Rate Lock) Please see uploaded exception approval form.<br>Reviewer Comment (2025-10-01): Lender Exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117547 | XXXX | 34639847 | 200208350-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception approved. Borrower has 3 leases on property; one being from his daughter. Waiving proof of 12 months payments made on time. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-07): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (2025-10-03): (Rate Lock) EV2 accept please waive<br>Reviewer Comment (2025-10-03): Lender Exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117548 | XXXX | 34739508 | 200208351-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 85.00000% exceeds Guideline loan to value percentage of 80.00000%. |  | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | XXXX | Reviewer Comment (2025-10-24): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117548 | XXXX | 34739509 | 200208351-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 85.00000% exceeds Guideline combined loan to value percentage of 80.00000%. |  | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | XXXX | Reviewer Comment (2025-10-24): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117548 | XXXX | 34739510 | 200208351-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 3.22 is less than Guideline PITIA months reserves of 6.00. |  | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | XXXX | Reviewer Comment (2025-10-24): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117548 | XXXX | 34739515 | 200208351-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | The elevated LTV ratios are resulting in the Due Diligence Loan Designation of ATR Risk. |  |  |  | Reviewer Comment (2025-10-24): System cleared after Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117548 | XXXX | 34739523 | 200208351-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Short reserves result in ATR risk. |  |  |  | Reviewer Comment (2025-10-24): System cleared after Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117549 | XXXX | 34725321 | 200208354-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.83 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | First time investor requires a DSCR of 1.0. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | XXXX | Reviewer Comment (2025-10-14): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117549 | XXXX | 34727221 | 200208354-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 65.00000%. | Maximum LTV with less than 1.0 DSCR is 65%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | XXXX | Reviewer Comment (2025-10-14): Lender Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117549 | XXXX | 34727222 | 200208354-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 75.00000% exceeds Guideline combined loan to value percentage of 65.00000%. | Maximum CLTV with less than 1.0 DSCR is 65%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | XXXX | Reviewer Comment (2025-10-14): Lender Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117551 | XXXX | 34755941 | 200208360-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception property is rural and includes XXXX acers of land which is over XXXX allowed. | Borrower has owned the subject property for at least 5 years. | Borrower has owned the subject property for at least 5 years.<br> Rural property LTV/CLTV Max<br> Purchase and Rate/Term 70% LTV/CLTV<br> Cash-Out 65% LTV/CLTV | XXXX | Reviewer Comment (2025-10-21): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117551 | XXXX | 34768643 | 200208360-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 74.46154% exceeds Guideline loan to value percentage of 70.00000%. | Rural property LTV/CLTV Max<br>Purchase and Rate/Term 70% LTV/CLTV<br> Cash-Out 65% LTV/CLTV | Borrower has owned the subject property for at least 5 years. | Borrower has owned the subject property for at least 5 years.<br> Rural property LTV/CLTV Max<br> Purchase and Rate/Term 70% LTV/CLTV<br> Cash-Out 65% LTV/CLTV | XXXX | Reviewer Comment (2025-10-21): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117551 | XXXX | 34768644 | 200208360-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 74.46154% exceeds Guideline combined loan to value percentage of 70.00000%. | Rural property LTV/CLTV Max<br>Purchase and Rate/Term 70% LTV/CLTV<br> Cash-Out 65% LTV/CLTV | Borrower has owned the subject property for at least 5 years. | Borrower has owned the subject property for at least 5 years.<br> Rural property LTV/CLTV Max<br> Purchase and Rate/Term 70% LTV/CLTV<br> Cash-Out 65% LTV/CLTV | XXXX | Reviewer Comment (2025-10-21): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117552 | XXXX | 34665225 | 200208366-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject is listed as log cabin on 1004 on a cash out refinance with STR income. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Seasoned Borrower/Investor whose experience exceeds XXXX completed projects.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | XXXX | Reviewer Comment (2025-10-07): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | A B |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117553 | XXXX | 34696509 | 200208367-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Approved Lender Exception - Allowing XXXX NSF in a 12 months period. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | XXXX | Reviewer Comment (2025-10-13): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117556 | XXXX | 34587747 | 200208378-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Secondary/XXXX) | No Documentation in the file to evidence borrower was provided with a copy of valuation three (3) business days prior to consummation. |  |  |  | Reviewer Comment (2025-10-03): Client elects to waive.<br>Seller Comment (2025-10-01): (Rate Lock) Please see attached the proof of delivery for the 1st "dated XXXX"and 2nd appraisal "dated XXXX", THE NOTE XXXX. The first appraisal report dated XXXX and the 2nd dated XXXX. Please review and apply EV2 exception if we need to. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117557 | XXXX | 34653555 | 200208391-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.78 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | XXXX | Reviewer Comment (2025-10-06): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117557 | XXXX | 34655178 | 200208391-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 70.00000%. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | XXXX | Reviewer Comment (2025-10-06): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117557 | XXXX | 34655180 | 200208391-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 70.00000%. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | XXXX | Reviewer Comment (2025-10-06): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117558 | XXXX | 34662030 | 200208392-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception approved. Property is currently listed for sale. Missing lease agreement. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-08): Lender Exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117559 | XXXX | 34715678 | 200208393-5366 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 46.25324% exceeds Guideline total debt ratio of 45.00000%. | Lender approved exception for DTI of 46.910% with 90% LTV. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | XXXX | Reviewer Comment (2025-10-14): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117559 | XXXX | 34715690 | 200208393-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Lender approved exception for DTI of 46.910% with 90% LTV. |  |  |  | Reviewer Comment (2025-10-14): System cleared with Lender Exception. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117559 | XXXX | 34715691 | 200208393-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Lender approved exception for DTI of 46.910% with 90% LTV. |  |  |  | Reviewer Comment (2025-10-14): System cleared with Lender Exception. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117559 | XXXX | 34715694 | 200208393-25034 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 46.25324% moderately exceeds the guideline maximum of 45.00%. (DTI Exception is eligible to be regraded with compensating factors.) | Lender approved exception for DTI of 46.910% with 90% LTV. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | XXXX | Reviewer Comment (2025-10-14): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117559 | XXXX | 34727833 | 200208393-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | COC did not provide evidence of why Discount Point were added. Unable to apply a valid change for "Other". |  |  |  | Reviewer Comment (2025-10-20): XXXX Received COC dated XXXX along with supporting comments on the exception.<br>Seller Comment (2025-10-17): (Rate Lock) DTI increased changing discount points | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117559 | XXXX | 34727834 | 200208393-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | No COC in file for the valid reason to increase the Appraisal fee. XXXX COC does not mention an Appraisal fee. |  |  |  | Reviewer Comment (2025-10-20): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117559 | XXXX | 34761890 | 200208393-6583 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (2025-10-20): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117560 | XXXX | 34683959 | 200208399-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.85 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Lender approved exception at origination for DSCR below 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-10): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117562 | XXXX | 34643450 | 200208401-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Refinance closing statement is dated after closing. Borrower is short reserves. |  |  |  | Reviewer Comment (2025-10-13): Verification funds were pre-close provided.<br>Seller Comment (2025-10-10): (Rate Lock) Please see attached<br>Reviewer Comment (2025-10-09): Do you have the Lender Approval for the property being refinanced dated prior to closing, to show the funds were not "post close" for the transaction, but in process prior to our closing?<br>Reviewer Comment (2025-10-09): Sent to Compliance as the non-subject transaction was post subject close.<br>Seller Comment (2025-10-07): (Rate Lock) File funded XXXX please review and clear the condition | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117562 | XXXX | 34643459 | 200208401-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00. | Refinance closing statement is dated after closing. Borrower is short reserves. |  |  |  | Reviewer Comment (2025-10-13): Verification funds were pre-close provided.<br>Seller Comment (2025-10-10): (Rate Lock) Please see attached<br>Reviewer Comment (2025-10-09): Do you have the Lender Approval for the property being refinanced dated prior to closing, to show the funds were not "post close" for the transaction, but in process prior to our closing?<br>Reviewer Comment (2025-10-09): Sent to Compliance as the non-subject transaction was post subject close.<br>Seller Comment (2025-10-07): (Rate Lock) Please see attached final PCCD showing cash back to the borrower , and as per the 1008 , and the assets in file we have a total of $XXXX which cover more than the requied reserves | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117562 | XXXX | 34643506 | 200208401-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Refinance closing statement is dated after closing. Borrower is short reserves. |  |  |  | Reviewer Comment (2025-10-13): Verification funds were pre-close provided.<br>Seller Comment (2025-10-10): (Rate Lock) Please see attached<br>Reviewer Comment (2025-10-09): Do you have the Lender Approval for the property being refinanced dated prior to closing, to show the funds were not "post close" for the transaction, but in process prior to our closing?<br>Reviewer Comment (2025-10-09): Sent to Compliance as the non-subject transaction was post subject close.<br>Seller Comment (2025-10-07): (Rate Lock) Please see attached final PCCD showing cash back to the borrower , and as per the 1008 , and the assets in file we have a total of $269,497.69 which cover more than the requied reserves<br>Seller Comment (2025-10-07): (Rate Lock) File funded XXXX please review and clear the condition | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117562 | XXXX | 34643520 | 200208401-23086 | XXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of XXXX is less than Cash From Borrower XXXX. | Refinance closing statement is dated after closing. Borrower is short funds to close. |  |  |  | Reviewer Comment (2025-10-13): Verification funds were pre-close provided.<br>Seller Comment (2025-10-10): (Rate Lock) Please see attached<br>Reviewer Comment (2025-10-09): Do you have the Lender Approval for the property being refinanced dated prior to closing, to show the funds were not "post close" for the transaction, but in process prior to our closing?<br>Reviewer Comment (2025-10-09): Sent to Compliance as the non-subject transaction was post subject close.<br>Seller Comment (2025-10-07): (Rate Lock) Please see attached final PCCD showing cash back to the borrower , and as per the 1008 , and the assets in file we have a total of $269,497.69 which cover more than the requied reserves | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117564 | XXXX | 34658763 | 200208413-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Loan closed with the use of the total 1007 rent without the reduction for a vacant 1 unit property. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Seasoned Borrower/Investor whose experience exceeds XXXX projects.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | XXXX | Reviewer Comment (2025-10-06): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117566 | XXXX | 34725016 | 200208424-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.92 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-14): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117566 | XXXX | 34727808 | 200208424-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject Property is Legal Non-Conforming, requiring a variance to be rebuilt. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-14): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117567 | XXXX | 34709360 | 200208426-31588 | XXXX | Credit | HXXXXard Insurance | Insufficient Coverage | HXXXXard Insurance | The HXXXXard Insurance Policy Effective Date is after closing. | HXXXXard Insurance Policy Effective Date XXXX, Disbursement Date: XXXX |  |  |  |  | Reviewer Comment (2025-10-22): Disbursement date XXXX, same as effective date. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117567 | XXXX | 34709370 | 200208426-4062 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  |  |  |  |  | Reviewer Comment (2025-10-22): Received the Corporate Resolution. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117567 | XXXX | 34709371 | 200208426-5384 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Bylaws not provided |  |  |  |  |  | Reviewer Comment (2025-10-22): Received the current articles. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117567 | XXXX | 34724673 | 200208426-2799 | XXXX | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete Note | Missing Document: Note - Subject Lien not provided |  | Missing fully executed Note. |  |  |  | Reviewer Comment (2025-10-22): Received the Note. | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Purchase | D A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117567 | XXXX | 34724687 | 200208426-6271 | XXXX | Credit | Loan Package Documentation | Closing / Title | Collateral | Security Instrument is not signed by borrower(s). |  | Security Instrument is not signed by borrower, nor is it fully executed by Notary. |  |  |  | Reviewer Comment (2025-10-22): Received the Security Instrument. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117567 | XXXX | 34727555 | 200208426-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Unable to determine the borrower's percentage ownership in the borrowing entity. Provide evidence of the number of shares the borrower owns. |  |  |  | Reviewer Comment (2025-10-22): Received the complete articles. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117569 | XXXX | 34717694 | 200208432-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Loan file does not contain the reason for the increase in the Appraisal fee. |  |  |  | Reviewer Comment (2025-10-16): XXXX Received Corrected PCCD, LOE and Payment History.<br>Seller Comment (2025-10-15): (Rate Lock) PCCD provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117570 | XXXX | 34699075 | 200208438-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.92 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Exception Required For DSCR <1.00 @ .900 | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | XXXX | Reviewer Comment (2025-10-14): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117571 | XXXX | 34727924 | 200208443-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | Maximum LTV in a declining market is 75%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors. | XXXX | Reviewer Comment (2025-10-15): Lender Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117571 | XXXX | 34727925 | 200208443-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 75.00000%. | Maximum CLTV in a declining market is 75%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors. | XXXX | Reviewer Comment (2025-10-15): Lender Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117572 | XXXX | 34698487 | 200208447-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.84 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Exception Request for DSCR score less then 1.0 @ 0.84. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors. | XXXX | Reviewer Comment (2025-10-13): Lender Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117573 | XXXX | 34649133 | 200208463-34957 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-10-09): XXXX received valid COC document<br>Seller Comment (2025-10-08): See attached VCOC for reduced lender credit<br>Seller Comment (2025-10-08): Please see attached VCOC for decrease in lender credit | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117574 | XXXX | 34721423 | 200208475-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 88.03922% exceeds Guideline loan to value percentage of 80.00000%. | Lender exception approved at 90% for rent free borrower. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | XXXX | Reviewer Comment (2025-10-14): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117574 | XXXX | 34721424 | 200208475-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 88.03922% exceeds Guideline combined loan to value percentage of 80.00000%. | Lender exception approved at 90% for rent free borrower. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | XXXX | Reviewer Comment (2025-10-14): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117574 | XXXX | 34724939 | 200208475-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The property is zoned Legal Non-Conforming and will require a variance to rebuild if over 50% destroyed. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | XXXX | Reviewer Comment (2025-10-14): Lender Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117576 | XXXX | 34679256 | 200208483-855 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. | Most Recent Valuation Inspection Date: XXXX <br> Disaster End Date: XXXX<br> Disaster Name: SEVERE STORMS, STRAIGHT-LINE WINDSXXXXOODING, AND MUDSLIDES<br> Disaster Declaration Date: XXXX | The subject property is located in a FEMA Disaster area provide A post disaster inspection verifying there was no damage the inspection must include exterior photos and the property must be re-inspected on or after .XXXX declared end date. |  |  |  | Reviewer Comment (2025-10-15): Signed documents provided.<br>Reviewer Comment (2025-10-15): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Most Recent Valuation Inspection Date: XXXX <br> Disaster End Date: XXXX<br> Disaster Name: SEVERE STORMS, STRAIGHT-LINE XXXX, AND MUDSLIDES<br> Disaster Declaration Date: XXXX<br>Seller Comment (2025-10-11): (Rate Lock) disaster inspection provide | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117576 | XXXX | 34679263 | 200208483-4256 | XXXX | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 647 is less than Guideline representative FICO score of 660. | Representative FICO score of 647 is less than Guideline representative FICO score of 660. |  |  |  | Reviewer Comment (2025-10-20): Updated Credit Report provided.<br>Seller Comment (2025-10-20): (Rate Lock) recent credit report with a credit score of 667 | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117577 | XXXX | 34739511 | 200208484-2798 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Final signed 1003 is missing. |  |  |  | Reviewer Comment (2025-10-24): 1003 provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117577 | XXXX | 34740064 | 200208484-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | 6 Months of reserves required - requesting 3 months instead. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors. | XXXX | Reviewer Comment (2025-10-17): ...<br>Reviewer Comment (2025-10-17): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117577 | XXXX | 34743729 | 200208484-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 3.23 is less than Guideline PITIA months reserves of 6.00. |  | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors. | XXXX | Reviewer Comment (2025-10-24): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117577 | XXXX | 34744156 | 200208484-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. |  |  |  |  | Reviewer Comment (2025-10-24): System cleared after Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117577 | XXXX | 34744159 | 200208484-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | 6 month PITIA reserve requirement not met. |  |  |  | Reviewer Comment (2025-10-24): System cleared after Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117578 | XXXX | 34699264 | 200208488-7038 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/XXXX) | Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/XXXX). XXXX CD missing from the loan file. |  |  |  | Reviewer Comment (2025-10-15): XXXX received XXXX Initial CD, 3 business days prior to the consummation. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117578 | XXXX | 34717695 | 200208488-25427 | XXXX | Credit | Guideline | Guideline Issue | Guideline | More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period. |  | Excessive NSFs in the most recent 6 mon. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors. | XXXX | Reviewer Comment (2025-10-13): Lender Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117578 | XXXX | 34728718 | 200208488-36435 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Additional 3-Day Waiting Period Timing Test – Regular Transaction | TILA-RESPA Integrated Disclosure – Most recent Closing Disclosure received at least 3 days prior to closing dated XXXX disclosed an inaccurate APR of 6.84300% compared to the actual APR at consummation of 7.34048% and a revised CD disclosing an accurate APR was not received by borrower at least three (3) business days prior to consummation. | APR exceeds over .125% and XXXX CD not being received by borrower at least 3 business days prior to closing. Provide any missing proof of earlier receipt. |  |  |  | Reviewer Comment (2025-10-20): XXXX received interim CD.<br>Reviewer Comment (2025-10-20): EXCEPTION HISTORY - Exception Detail was updated on XXXX PRIOR Exception Detail: TILA-RESPA Integrated Disclosure – Most recent Closing Disclosure received at least 3 days prior to closing dated XXXX disclosed an inaccurate APR of 6.84300% compared to the actual APR at consummation of 7.28747% and a revised CD disclosing an accurate APR was not received by borrower at least three (3) business days prior to consummation.<br>Seller Comment (2025-10-20): (Rate Lock) Please see attached CD from 10/2<br>Reviewer Comment (2025-10-19): 1026.19(f)(1)(i) and (ii) require that the consumer receives accurate disclosures with the actual terms of the transaction three (3) business days prior to consummation. If the APR disclosed on the initial CD becomes inaccurate as defined under 1026.22, revised disclosures with accurate APR must be disclosed and a new 3-day waiting period prior to consummation provided. The APR on the most recent CD received 3 days prior to consummation (6.84300%) changed more than the 0.125% (regular transaction) threshold compared to the APR at consummation (7.34000%) and a revised disclosure with accurate APR was not received by the consumer at least 3 business days prior to consummation. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | TRID timing exception, no remediation available. C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117578 | XXXX | 34728719 | 200208488-30168 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Interim Closing Disclosure Timing Test | TILA-RESPA Integrated Disclosure – Corrected Closing Disclosure provided on or after XXXX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation | APR exceeds over .125% and XXXX CD not being received by borrower at least 3 business days prior to closing. Provide any missing proof of earlier receipt. |  |  |  | Reviewer Comment (2025-10-20): XXXX received interim CD.<br>Seller Comment (2025-10-20): (Rate Lock) Please see attached CD from 10/2<br>Reviewer Comment (2025-10-19): 1026.19(f)(1)(i) and (ii) require that the consumer receives accurate disclosures with the actual terms of the transaction three (3) business days prior to consummation. If the APR disclosed on the initial CD becomes inaccurate as defined under 1026.22, revised disclosures with accurate APR must be disclosed and a new 3-day waiting period prior to consummation provided. The APR on the most recent CD received 3 days prior to consummation (6.84300%) changed more than the 0.125% (regular transaction) threshold compared to the APR at consummation (7.34000%) and a revised disclosure with accurate APR was not received by the consumer at least 3 business days prior to consummation. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | TRID timing exception, no remediation available. C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117580 | XXXX | 34737865 | 200208498-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.88 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Lender Exception Request to proceed with DSCR below 1.00 at 0.88 | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-17): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117581 | XXXX | 34696803 | 200208499-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception at origination to allow non arm's length sale. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of 1.1 is greater than the minimum required DSCR of 1.0. | XXXX | Reviewer Comment (2025-10-13): Lender Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117582 | XXXX | 34660594 | 200208503-578 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003 Error: Birth Date was not provided | Borrower: XXXX XXXX |  |  |  |  | Reviewer Comment (2025-10-22): Birth date provided.<br>Reviewer Comment (2025-10-16): XXXX signed owns 50% and signed as Grantee, therefore documents are needed.<br>Seller Comment (2025-10-14): (Rate Lock) XXXX is not a borrower | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117582 | XXXX | 34660608 | 200208503-7901 | XXXX | Credit | Credit | Credit Documentation | Credit | OFAC was not checked and required per guidelines. | Credit Report: Original // Borrower: XXXX XXXX |  |  |  |  | Reviewer Comment (2025-10-17): Document provided.<br>Reviewer Comment (2025-10-16): XXXX signed owns 50% and signed as Grantee, therefore documents are needed. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117582 | XXXX | 34660623 | 200208503-4507 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of Good Standing is missing |  |  |  | Reviewer Comment (2025-10-16): Document provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117582 | XXXX | 34660628 | 200208503-25749 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | HUD/CD signed and final copy is missing |  |  |  | Reviewer Comment (2025-10-16): Document provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117582 | XXXX | 34660629 | 200208503-28636 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | Evidence of Access to Funds is missing |  |  |  | Reviewer Comment (2025-10-24): Operating Agreement provided.<br>Reviewer Comment (2025-10-22): Operating Agreement provided is not for XXXX.<br>Reviewer Comment (2025-10-17): Provide the Operating Agreement for the owner of the bank statement as the name on the bank statement does not match the name of the borrowing entity.<br>Reviewer Comment (2025-10-16): Evidence of Access to Funds is needed. Borrower is 50% owner<br>Seller Comment (2025-10-14): (Rate Lock) Not needed, other LLC owner is a title holder of the subject | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117582 | XXXX | 34660807 | 200208503-26684 | XXXX | Property | Appraisal | Appraisal Reconciliation | Appraisal | Missing secondary valuation viaDesk Review, Field Review, or 2nd URAR, as required by client. |  |  |  |  |  | Reviewer Comment (2025-10-16): Document provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117583 | XXXX | 34738519 | 200208520-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Exception requested for XXXX Overdrafts/NSF in last 12 months | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | XXXX | Reviewer Comment (2025-10-20): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117584 | XXXX | 34751309 | 200208549-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (2025-10-22): Delivery provided.<br>Seller Comment (2025-10-22): (Rate Lock) Proof provided | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117584 | XXXX | 34751310 | 200208549-6446 | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.95083% or Final Disclosure APR of 8.18500% is equal to or greater than the threshold of APOR 6.31% + 1.5%, or 7.81000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  |  | Reviewer Comment (2025-10-22): Delivery provided.<br>Seller Comment (2025-10-22): (Rate Lock) Proof provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117584 | XXXX | 34751311 | 200208549-7013 | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (2025-10-22): Delivery provided.<br>Seller Comment (2025-10-22): (Rate Lock) Proof provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117584 | XXXX | 34755204 | 200208549-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for both borrowers being self-employed less than 2 years. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-20): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117584 | XXXX | 34755209 | 200208549-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for borrowers having a 2 year work history but not in the same line of work or industry. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-20): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117584 | XXXX | 34755228 | 200208549-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to use business account XXXX XXXX towards reserve requirement only, not funds to close. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (2025-10-20): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117586 | XXXX | 34716398 | 200208562-27012 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.93 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Lender Approved Exception for Ratio is at 0.930 asking to proceed with current ratio. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XXXX | Reviewer Comment (2025-10-21): Lender Exception with Compensating Factors provided.<br>Seller Comment (2025-10-17): (Rate Lock) Please clear<br>Reviewer Comment (2025-10-15): Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117588 | XXXX | 34772952 | 89329-33616 | XXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | Disclosure: E-Sign Consent Agreement | E-Sign Consent Agreement is missing and is required. |  |  |  | Reviewer Comment (2025-08-28): Received E-signed Consent agreement. Exception Cleared<br>Buyer Comment (XXXX): Econsent | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117588 | XXXX | 34772954 | 89329-27835 | XXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Note Date: XXXX; Lien Position: 1 | A CDA is required and was not provided. |  |  |  | Reviewer Comment (2025-09-10): Received Appraisal Addressing Declining statement reported in CDA. Exception Cleared<br>Buyer Comment (2025-09-08): 1004- Updated comments pg 13<br>Reviewer Comment (2025-08-29): Received CDA, however it noted Market Value declining. Require Primary appraiser to address the declining statement reported in CDA. Exception Remains<br>Buyer Comment (2025-08-28): CDA | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117588 | XXXX | 34772957 | 89329-22596 | XXXX | Compliance | Compliance | State Compliance | State HPML | XXXX Subprime Home Loan Threshold Fixed Non-Compliant | XXXX Subprime Loan: APR on subject loan of 9.17072% or Final Disclosure APR of 9.24300% is in excess of allowable threshold of Prime Mortgage Market Rate 6.67000 + 1.75%, or 8.42000%. Non-Compliant SubPrime Loan. |  |  |  |  | Reviewer Comment (2025-09-02): Compliant<br>Buyer Comment (2025-08-28): Please consider with HPML conditions. | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | (Limited Use Bona Fide Errors - Compliance and Client Approval Required) With no time limit for which a cure may be made, 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 subprime home loan 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. D | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117588 | XXXX | 34772958 | 89329-22592 | XXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) XXXX Subprime Loan (Counseling Disclosure Not Provided within Three Days of Application) | XXXX Subprime Loan: Counseling Disclosure not provided to borrower within three days of application. | Counseling Disclosure not provided to borrower. |  |  |  | Reviewer Comment (2025-08-28): Doc provided<br>Buyer Comment (XXXX): Please see XXXX and the HCL disclosure - Lender uses combined disclosure for XXXX Counseling and CFPB Counseling List | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | No obvious cure D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117588 | XXXX | 34772959 | 89329-2156 | XXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) XXXX Subprime Loan (Notice of Taxes and Insurance Not Provided) | XXXX Subprime Loan: Borrower not provided with Notice of Taxes and Insurance on 1st lien, subprime loan. | Borrower not provided with Notice of Taxes and Insurance. |  |  |  | Reviewer Comment (2025-08-28): Doc provided<br>Buyer Comment (XXXX): Please see XXXX | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | No obvious cure D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117588 | XXXX | 34772960 | 89329-27615 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Third Party Verification not provided |  | Provide verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following:<br> • Evidence of current work (executed contracts or signed invoices)<br> • Evidence of current business receipts<br> • Business website demonstrating activity supporting current business operations |  |  |  | Reviewer Comment (2025-08-29): Received Business website demonstrating activity supporting current business operations. Exception Cleared<br>Buyer Comment (2025-08-28): The buisness website has been live and running- membership avalablility etc.<br>Reviewer Comment (2025-08-28): Received Business Courses Schedule Which for XXXX which is not with in 10 Business days prior to note date. Require one of the following: • Evidence of current work (executed contracts or signed invoices) • Evidence of current business receipts • Business website demonstrating activity supporting current business operations. Exception remains<br>Buyer Comment (XXXX): see attached courses scheduled on their site | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117588 | XXXX | 34772961 | 89329-22695 | XXXX | Compliance | Compliance | State Compliance | State HPML | XXXX Subprime Home Loan Threshold Fixed Compliant | XXXX Subprime Loan: APR on subject loan of 9.17072% or Final Disclosure APR of 9.24300% is in excess of allowable threshold of Prime Mortgage Market Rate 6.67000 + 1.75%, or 8.42000%. Compliant SubPrime Loan. |  |  |  |  | Buyer Comment (2025-09-02): Acknowledged as Compliant. EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | (Limited Use Bona Fide Errors - Compliance and Client Approval Required) With no time limit for which a cure may be made, 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 subprime home loan 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. D | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117593 | XXXX | 34772964 | 89615-27835 | XXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Note Date: XXXX; Lien Position: 1 | A CDA is required and was not provided. MS |  |  |  | Reviewer Comment (2025-09-03): Received CDA Exception Cleared<br>Buyer Comment (2025-09-02): cda | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Primary | Purchase | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117593 | XXXX | 34772965 | 89615-6463 | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided |  | Require CPA letter confirming that the use of funds from XXXX ending with XXXX, will not negatively impact the business. (Account is a personal account, but tax advisor states operates business thru this account). |  |  |  | Reviewer Comment (2025-09-16): Received CPA impact letter for business account XXXX. Exception Cleared<br>Buyer Comment (2025-09-12): CPA | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117593 | XXXX | 34772966 | 89615-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 5.63 is less than Guideline PITIA months reserves of 6.00. | Calculated PITIA months reserves of 5.63 is less than Guideline PITIA months reserves of 6.00. Require additional asset documentation to meet Reserves requirement. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XXXX | Reviewer Comment (2025-09-25): Investor accepts and agrees to waive with compensating factors.<br>Buyer Comment (2025-09-25): Investor exception approval<br>Reviewer Comment (2025-09-24): Cash needed to close $XXXX (cash at close $XXXX<br>Buyer Comment (2025-09-24): Per Seller Response from seller - Borrower's cash to close is $XXXX gift). After cash to close, the borrower's available reserves are $XXXX. Borrower is short by $XXXX. Can you confirm with your team if they agree?<br>Buyer Comment (2025-09-24): Per Lender: Borrower's cash to close is $XXXX). After cash to close, the borrower's available reserves are $XXXX. Borrower is short by $XXXX. Can you confirm with your team if they agree? FurthermoreXXXXn you advise on how we can proceed with an exception request regarding the shortage of $XXXX reserves? | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117593 | XXXX | 34772967 | 89615-3495 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/XXXX) | File contains evidence appraisal report provided is an updated report. Delivery confirmations dated earlier than report date of report located in file. Lender to provide all previous appraisal reports/updates. |  |  |  | Reviewer Comment (2025-08-28): Received Original Appraisal and appraisal delivery Evidence. exception Cleared<br>Buyer Comment (XXXX): Appraisal acknowledgement<br>Buyer Comment (XXXX): Original Appraisal<br>Buyer Comment (XXXX): Appraisal report | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Purchase | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117593 | XXXX | 34772968 | 89615-23365 | XXXX | Compliance | Compliance | Federal Compliance | GSE | XXXX 2014 - 3% Points and Fees | XXXX 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.54425% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total XXXX on a Federal Total Loan Amount of XXXX vs. an investor allowable total of XXXX (an overage of XXXX or 1.54425%). | EV2 informational |  |  |  | Buyer Comment (2025-08-26): Acknowledged as non-material. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. D B C A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117593 | XXXX | 34772971 | 89615-3828 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Issue: Ineligible borrower |  | Borrower is FTHB and as per guide Borrowers who have lived in a rent-free situation are ineligible. Lender exception is provided, confirm exception needs to be downgraded and waived to EV2. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XXXX | Reviewer Comment (2025-08-28): Exception provided.<br>Buyer Comment (2025-08-26): Exception | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117593 | XXXX | 34772972 | 89615-25029 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to missing CPA impact letter and insufficient assets. |  |  |  | Reviewer Comment (2025-09-25): Insufficient assets issue was downgraded to EV2 with investor approval. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation B C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117593 | XXXX | 34772973 | 89615-5695 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | CPA impact letter required per Investor Guidelines was not provided causing the loan to be ATR Risk. |  |  |  | Reviewer Comment (2025-09-25): Insufficient assets issue was downgraded to EV2 with investor approval. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117593 | XXXX | 34772974 | 89615-24955 | XXXX | Credit | Guideline | Guideline Issue | Guideline | Borrower does not have the minimum active tradelines per guidelines. |  | Tradeline minimum does not meet guideline requirements | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XXXX | Reviewer Comment (2025-09-25): Investor accepts and agrees to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117598 | XXXX | 34772979 | 90299-2908 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Lender Exception(s) not provided |  | Lender exception provided but not signed. Please review for acceptance. Exception Requested: Borrower has XXXX NSF between XXXX and XXXX. The borrower has provided us with an explanation that a vendor of XXXX years had an accounting mishap at the same time auto withdrawals were made. One of the withdrawals was to the borrower's own XXXX account. Per his LOX he has stopped auto withdrawals so that this doesn't happen again. We are asking for an exception to the XXXX NSF in 2 mos guideline for this borrower. We can not only provide XXXX-XXXX to show no NSF payments then but also we can have the borrower provide more bank statements from XXXX showing no NSF. Compensating Factors" Very good credit, low DTI, reserves, 80 LTV, excellent job history and stability. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. |  | XXXX | Reviewer Comment (2025-09-03): Investor exception provided.<br>Buyer Comment (2025-09-03): Approved exception | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117596 | XXXX | 34772981 | 90056-33616 | XXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | Disclosure: E-Sign Consent Agreement | E-sign Consent Agreement is missing. |  |  |  | Reviewer Comment (2025-09-05): Received E-Signed Consent Agreement. Exception Cleared<br>Buyer Comment (2025-09-04): Econsent | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117596 | XXXX | 34772982 | 90056-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX XXXX, XXXXXXXX Insurance Verification, Tax Verification | Required Tax cert & HOI document for REO property "XXXX XXXX" and required mortgage statement to identify the escrow status, also required HOA document, if applicable. |  |  |  | Reviewer Comment (2025-09-05): Received Tax and insurance verification. Payment is not escrowed. P&I verified form Credit report. Exception Cleared<br>Buyer Comment (2025-09-04): taxes and insurance | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117596 | XXXX | 34772985 | 90056-19965 | XXXX | Compliance | Compliance | Federal Compliance | TRID | ECOA Appraisal Disclosure - ECOA Status | ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. | Right to receive a copy of the Appraisal Disclosure is missing in file. |  |  |  | Reviewer Comment (2025-09-05): XXXX received XXXX LE. | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | Good faith redisclosure C B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117596 | XXXX | 34772986 | 90056-3495 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/XXXX) | File contains evidence appraisal report provided is an updated report. Delivery confirmations dated earlier than report date of report located in file. Lender to provide all previous appraisal reports/updates. |  |  |  | Buyer Comment (2025-09-05): Acknowledged as non-material. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117596 | XXXX | 34772988 | 90056-7038 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/XXXX) | Initial Closing disclosure is missing in file |  |  |  | Reviewer Comment (2025-09-05): XXXX received initial CD dated 0XXXX.<br>Buyer Comment (2025-09-04): Initial CD | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117596 | XXXX | 34772989 | 90056-3880 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TILA-RESPA Integrated Disclosure: application date on or after XXXX, no Loan Estimates in the Loan File | TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s). The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing. Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to XXXX may be required. | Loan estimate not found at time of review. |  |  |  | Reviewer Comment (2025-09-05): XXXX received XXXX LE.<br>Buyer Comment (2025-09-04): LE | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117596 | XXXX | 34772990 | 90056-17817 | XXXX | Credit | Missing Document | General | Missing Document | Incomplete Document: 1003 Initial - Lender's is incomplete |  | All files must include the completed initial application. Initial 1003 not signed by all parties, borrower and LO. |  |  |  | Reviewer Comment (2025-09-05): Received initial 1003 signed by all parties. Exception cleared<br>Buyer Comment (2025-09-04): 1003 | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117596 | XXXX | 34772991 | 90056-25838 | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXXXXXX HOA Verification | Provide HOA verification if appllicable. |  |  |  | Reviewer Comment (2025-09-05): Received Property History Report confirmed SFR property No HOA Require. Exception Cleared<br>Buyer Comment (2025-09-04): Property detail | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117596 | XXXX | 34772992 | 90056-19966 | XXXX | Compliance | Compliance | Federal Compliance | TRID | ECOA Appraisal Disclosure - ECOA Timing | ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date. | XXXX received XXXX LE, however, Initial application date was XXXX, per doc ID XXXX application earliest date and LE was not delivered within 3 business days of application date. |  |  |  | Reviewer Comment (2025-09-05): Initial LE received with Appraisal verbiage. Exception Cleared<br>Buyer Comment (2025-09-05): Initial LE uploaded. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117596 | XXXX | 34772993 | 90056-3907 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Loan Estimate Timing | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application. (Initial/XXXX) | XXXX received XXXX LE, however, Initial application date was XXXX, per doc ID XXXX application earliest date and LE was not delivered within 3 business days of application date. |  |  |  | Reviewer Comment (2025-09-09): XXXX received LE.<br>Buyer Comment (2025-09-05): Initial LE | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117594 | XXXX | 34773003 | 89616-31711 | XXXX | Credit | Guideline | Guideline Issue | Guideline | Missing required Transcript (1040) or W-2 Transcript. | Borrower: XXXX XXXX | Co-Borrower qualified with bonus income from XXXX, provide transcripts. |  |  |  | Reviewer Comment (2025-09-23): Received 2024 W-2 Transcript for Co-Borrower. Exception Cleared<br>Buyer Comment (2025-09-22): w2 transcript | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117594 | XXXX | 34773005 | 89616-2856 | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided |  | Provided 1008 does not reflect correct P&I amount and HTI/DTI ratio. Require corrected 1008 with correct P&I and HTI/DTI ratios. |  |  |  | Reviewer Comment (2025-09-16): Received updated 1008 with Correction in HTI/DTI. Exception Cleared<br>Buyer Comment (2025-09-15): 1008 | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117603 | XXXX | 34773011 | 91452-25421 | XXXX | Credit | Guideline | Guideline Issue | Guideline | Rural property type is not permitted per Guidelines. |  | Guidelines do not allow for Rural properties. Appraisal reflects Zoning XXXX XXXX - XXXX. This type of zoning aims to maintain a rural or semi-rural character with larger properties and open spaces. |  |  |  | Reviewer Comment (2025-09-04): Noted appraisal report where appraiser noted subject is in residential zoned. highest and best use is also residential at this time. exception cleared.<br>Buyer Comment (2025-09-04): UCDP<br>Buyer Comment (2025-09-04): Updated appraisal. XXXX is residential. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117587 | XXXX | 34773017 | 88539-2802 | XXXX | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 |  | Require Initial 1003 as it is missing in the file. |  |  |  | Reviewer Comment (2025-08-14): Received initial 1003 for subject transaction. exception cleared<br>Buyer Comment (2025-08-13): Initial 1003 | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117587 | XXXX | 34773018 | 88539-3495 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/XXXX) | File contains evidence appraisal report provided is an updated report. Delivery confirmations dated earlier than report date of report located in file. Lender to provide all previous appraisal reports/updates or waiver. |  |  |  | Buyer Comment (2025-08-13): Borrower signed acknowledgement of receipt XXXX. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117587 | XXXX | 34773022 | 88539-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | There is a seller credit that is 4.13% and does not meet the guideline max of 3% for LTVs over 80%. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. |  | XXXX | Reviewer Comment (2025-09-12): Investor exception provided.<br>Reviewer Comment (2025-09-09): moving to XXXX<br>Buyer Comment (2025-09-05): loan will be moved to XXXX<br>Buyer Comment (2025-09-05): investor exception approval<br>Reviewer Comment (2025-09-04): Noted, however exception is for Seller Credit is 4.13% and LTV is 85% for subject transaction and per guideline Max Seller Credit allows is 3% for LTV More than 80%. Exception Remains<br>Buyer Comment (2025-09-04): Attestation not a commercial loan | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117587 | XXXX | 34773023 | 88539-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 85.00000% exceeds Guideline loan to value percentage of 80.00000%. | Max LTV on a rural purchase is 80%. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. |  | XXXX | Reviewer Comment (2025-09-12): Investor exception provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117587 | XXXX | 34773024 | 88539-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 85.00000% exceeds Guideline combined loan to value percentage of 80.00000%. | Max CLTV on a rural purchase is 80%. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. |  | XXXX | Reviewer Comment (2025-09-12): Investor exception provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350117604 | XXXX | 34773025 | 91715-6572 | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Verification appraisal was delivered to borrower was not provided. |  |  |  | Buyer Comment (2025-09-02): Acknowledged non material EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| XXXX | XXXX | XXXX | XXXX | 4350117604 | XXXX | 34773027 | 91715-30225 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Self-Employed Tax Return Recency - QM | General QM: Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date XXXX, Most Recent Tax Return End Date XXXX, Tax Return Due Date XXXX. (XXXX,XXXX XXXX & XXXX LLP/Schedule K-1 less than 25 Percent) | XXXX personal tax return/Transcript provided for K-1 < 25% for XXXX & XXXX LLP. No Tax return / Transcript required for K-1 less than 25%. W-2 income used. K-1's are fiscal. EV2 informational |  |  |  | Buyer Comment (XXXX): XXXX 1040 transcripts in file. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| XXXX | XXXX | XXXX | XXXX | 4350117604 | XXXX | 34773028 | 91715-6542 | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. XXXX | Appraisal Fee was disclosed as XXXX on Initial LE and XXXX on Final CD. No valid COC nor evidence of cure not provided in file. |  |  |  | Reviewer Comment (2025-09-22): Sufficient cure provided. Full cure amount for tolerance violation was provided within 60 days of closing and before TPS discovery date resulting in a cleared exception.<br>Buyer Comment (2025-09-18): Refund check, delivery confirmation, LOE and PCCD | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117604 | XXXX | 34773031 | 91715-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 67.11409% exceeds Guideline loan to value percentage of 65.00000%. | As per guide property value if one or more valuations reflect declining, LTV reduction of 10% applicable Reduced maximum LTV/CLTV by 10%, (80%-10%=70%). | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | 680 792 | XXXX | Reviewer Comment (2025-09-15): Investor accepts and approved to waive with compensating factors.<br>Buyer Comment (2025-09-11): investor exception approval - Loan will be moving to XXXX | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| XXXX | XXXX | XXXX | XXXX | 4350117604 | XXXX | 34773032 | 91715-4246 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 67.11409% exceeds Guideline combined loan to value percentage of 65.00000%. | As per guide property value if one or more valuations reflect declining, LTV reduction of 10% applicable Reduced maximum LTV/CLTV by 10%, (80%-10%=70%). | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | 680 792 | XXXX | Reviewer Comment (2025-09-15): Investor accepts and approved to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| XXXX | XXXX | XXXX | XXXX | 4350117604 | XXXX | 34773033 | 91715-2822 | XXXX | Credit | Credit | Miscellaneous | Credit | Missing Document: Credit Payoff Statement(s) not provided |  | Missing mortgage loan payoff statement |  |  |  | Reviewer Comment (2025-09-03): Received Mortgage loan payoff statement. Exception Cleared<br>Buyer Comment (2025-09-02): pay-off | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| XXXX | XXXX | XXXX | XXXX | 4350117604 | XXXX | 34773034 | 91715-27649 | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: 1084 or income worksheet not provided |  | Missing 1084/cash analysis for XXXX & XXXX LLP. Credit related |  |  |  | Reviewer Comment (2025-09-10): Received Income Calculation worksheet for K-1 income. Exception Cleared<br>Buyer Comment (2025-09-08): income worksheet | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| XXXX | XXXX | XXXX | XXXX | 4350117604 | XXXX | 34773035 | 91715-5404 | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX B XXXX 1084 or income worksheet | Missing 1084/cash analysis for XXXX & XXXX LLP. Compliance related. |  |  |  | Reviewer Comment (2025-09-10): Received Income Calculation worksheet for K-1 income. Exception Cleared | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| XXXX | XXXX | XXXX | XXXX | 4350117604 | XXXX | 34773036 | 91715-3867 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - QM | Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk. | Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (2025-09-10): All Open Income/Asset QM exception has been cleared. Exception Cleared | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM status C B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117604 | XXXX | 34773037 | 91715-30196 | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General QM Provision Investor Guidelines Violation | General QM: Based on the loan failing one or more guideline components, the loan is at QM risk. | Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared. Missing 1084. |  |  |  | Reviewer Comment (2025-09-10): All Open Income/Asset QM exception has been cleared. Exception Cleared | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| XXXX | XXXX | XXXX | XXXX | 4350117604 | XXXX | 34773038 | 91715-27765 | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure - 1026.19(f)(2) Cure | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower. XXXX |  |  |  |  | Reviewer Comment (2025-09-22): Sufficient Cure Provided within 60 Days of Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Rate/Term | Provide the following: Letter of Explanation notifying borrower or error, Copy of Refund Check/Evidence of Principal Reduction, Corrected CD, and Proof of Delivery (if refund is over $35) B A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350117592 | XXXX | 34773053 | 89614-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00. | File has no assets documented. |  |  |  | Reviewer Comment (2025-09-30): Noted two months consecutive bank statement meet the closing/reserves requirement. exception cleared.<br>Buyer Comment (2025-09-29): See Available for Closing is insufficient to cover Cash From Borrower exception for assets<br>Reviewer Comment (2025-09-25): Noted Bank Statement for XXXX and post close bank statement 0XXXX25 however as per guide require 2 months statement prior to closing. exception remains.<br>Buyer Comment (2025-09-25): See Available for Closing is insufficient to cover Cash From Borrower exception for assets | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117592 | XXXX | 34773055 | 89614-17711 | XXXX | Credit | Business Purpose | General | Business Purpose | Insufficient funds for Reserves. | Guidelines require XXXX of reserves, and verified reserves are XXXX. | Two months consecutive bank statement to meet funds require for closing/reserves. duplicate exception. please override. |  |  |  | Reviewer Comment (2025-09-30): Noted two months consecutive bank statement meet the closing/reserves requirement. exception cleared.<br>Buyer Comment (2025-09-29): See Available for Closing is insufficient to cover Cash From Borrower exception for assets<br>Reviewer Comment (2025-09-25): Noted Bank Statement for XXXX'25 and post close bank statement 0XXXX25 however as per guide require 2 months statement prior to closing. exception remains.<br>Buyer Comment (2025-09-25): See Available for Closing is insufficient to cover Cash From Borrower exception for assets | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117592 | XXXX | 34773056 | 89614-23086 | XXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of XXXX is less than Cash From Borrower XXXX. | File has no assets documented. |  |  |  | Reviewer Comment (2025-09-30): Noted two months consecutive bank statement meet the closing/reserves requirement. exception cleared.<br>Buyer Comment (2025-09-29): Statement<br>Reviewer Comment (2025-09-25): Noted Bank Statement for XXXX and post close bank statement 0XXXX25 however as per guide require 2 months statement prior to closing. exception remains.<br>Buyer Comment (2025-09-25): Per Lender: Please see the attached bank statements for the fund to close. With these statements we have enough liquidity for the loan. We do not need an LOE as the no deposits are greater than $XXXX<br>Buyer Comment (2025-09-25): Bank Statement | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117592 | XXXX | 34773057 | 89614-23688 | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: HXXXXard insurance coverage amount is insufficient. |  | Insufficient insurance coverage. Missing RCE. |  |  |  | Reviewer Comment (2025-10-01): Insurer RCE provided.<br>Buyer Comment (2025-10-01): Email<br>Reviewer Comment (2025-10-01): Please direct us to to the insurer replacement cost coverage. Have insurer provide ER or an email from insurer stating what their ERC was .<br>Buyer Comment (2025-09-30): Per Seller : The XXXX Marketing COI and invoice are not separate coverage — they evidence the same XXXX XXXX Company policy placed through XXXX. XXXX Marketing is the retail agent, XXXX is the wholesale/XXXX, and XXXX is the carrier taking the risk. The $XXXX shown on the invoice/HUD reflects the invoiced amount (inclusive of taxes/fees) and is the figure being collected going forward. The policy declarations show $XXXX as the base premium, with the difference accounted for in state surplus lines taxes and fees. There is only one policy in force.<br>We agree per guides, coverage must equal the lesser of the unpaid principal balance ($XXXX) or 100% of the insurable improvements ($XXXX). The XXXX policy provides a $XXXX building limit with an 80% coinsurance clause. Under this structure, the policy will pay replacement cost so long as coverage equals at least 80% of ECN ($XXXX). Since the $XXXX exceeds this threshold, the requirement is met. Does this align with your understanding of how coinsurance applies — that exceeding the 80% threshold triggers replacement cost coverage?<br>Reviewer Comment (2025-09-30): Additional policy provided with premium of $XXXX total that was not included in DSCR nor on the fina final HUD/first payment letter. Unable to ascertain if this coverage meets guides. Please have insurrer confirm meets guides of : e the lesser of: (a) 100% Total Loan Amount or (b) 100% RCE as provided by third party vendor<br>Buyer Comment (2025-09-30): Per Seller : Policy in place:<br> Dwelling limit: $XXXX<br> ECN: $XXXX<br> 80% coinsurance clause threshold = $XXXX<br> $XXXX<br> While the face limit is below 100% of ECN, the coinsurance provision ensures replacement cost coverage so long as 80% is met—which it is here. In effect, the policy structure meets the guideline intent by providing replacement cost coverage. We ask that this be reviewed against guidelines with recognition of how coinsurance functions. Requiring face value = 100% of ECN without accounting for coinsurance would disallow standard replacement cost policies that otherwise comply.<br>Reviewer Comment (2025-09-17): Regardless of industry standard. Guidelines require Coverage must be equal to the lesser of the unpaid principal balance on the mortgage which is $XXXX or 100% of the Insurance value of the Improvements which is currently testing as $XXXX based on the appraisal. Unable to ascertain if coverage present meets these thresholds. Provide an ERC or insurer to confirm additional coverages present that exceed the XXXX in base policy.<br>Buyer Comment (2025-09-15): Per Lender: We understand the concern regarding hXXXXard coverage. However, the policy includes an 80% co-insurance clause, and based on the ECN of $XXXX in coverage exceeds the 80% requirement ($XXXX). Industry standard recognizes this as sufficient coverage for replacement cost.<br>Reviewer Comment (2025-09-12): Guides require Coverage must be equal to the lesser of<br> the unpaid principal balance on the mortgage or 100% of the Insurance value of the Improvements, unable to ascertain if co-insurance is in addition to dwelling coverage.<br>Buyer Comment (2025-09-10): Per Lender: An 80% coinsurance clause in dwelling coverage means you must insure your home for at least 80% of it's total replacement cost to receive full replacement cost value on a claim for covered damages. In this case, the ECN is $XXXX and 80% of that would be $XXXX - this borrower has $XXXX coverage which is sufficient for this insurance policy.<br>Reviewer Comment (2025-09-04): Noted replacement cost document states 80% of dwelling ($XXXX0) covers however estimated cost / rebuild cost is $XXXX is not covering the at least the rebuild cost of $XXXX. required updated replacement cost estimate or insurer email made to RCE. exception remains.<br>Buyer Comment (2025-09-04): Policy and Declaration<br>Reviewer Comment (2025-08-21): Received HOI Information Summary Like Coverage Business income ect, however Require Replacement cost estimate. Exception Remains<br>Buyer Comment (2025-08-20): RCE | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117590 | XXXX | 34773059 | 89498-5382 | XXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Closing Protection Letter not provided |  | Closing Protection Letter is missing in file. |  |  |  | Reviewer Comment (2025-09-29): Received Closing Protection Letter. Exception Cleared<br>Buyer Comment (2025-09-26): CPL | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117590 | XXXX | 34773060 | 89498-2868 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided |  | Purchase Agreement / Sales Contract is missing in file for subject property. |  |  |  | Reviewer Comment (2025-09-29): Received Purchase Agreement for subject property. Exception Cleared<br>Buyer Comment (2025-09-26): Attached is the purchase contract | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Purchase | D A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117595 | XXXX | 34773062 | 89913-23385 | XXXX | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report Date: XXXX | Appraisal report shows subject address as "XXXX #XXXX" vs Note address "XXXX #XXXX" |  |  |  | Reviewer Comment (2025-09-11): Received updated appraisal report with correct subject address. exception cleared<br>Buyer Comment (2025-09-09): appraisal | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117595 | XXXX | 34773063 | 89913-31591 | XXXX | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | Valuation Type: Appraisal / Valuation Report Date: XXXX | Project approval from XXXX require. lender can submit project information to XXXX for eligibility review with Condo Project Manager™ (CPM™) / The Project Eligibility Review Service (PERS). please override. .Non-Warrantable Condominiums that do not meet the eligibility requirements is Ineligible property type. Properties with deed is also an Ineligible property type however lender exception present.<br> Condo has a recreational lease in place. project owns the amenity, but the "Landlord" is a separate entity and the "tenant" is the maintainer of the amenity. Unit owners have full access to the amenity and are only required to pay a fee if they choose to use it. Compensating factors: 784 Fico, retained tenant, 56 LTV, Mos reserves. please override. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | 47 vs 3 | XXXX | Reviewer Comment (2025-08-29): Investor approved to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117597 | XXXX | 34773065 | 90186-23698 | XXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XXXX LLC | Fraud report is required for XXXX LLC from one of the following agencies: XXXX, XXXX |  |  |  | Reviewer Comment (2025-09-11): Received business fraud report. exception cleared.<br>Buyer Comment (2025-09-09): FRAUD | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117597 | XXXX | 34773068 | 90186-4507 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of Good Standing is missing in file for XXXX LLC |  |  |  | Reviewer Comment (2025-09-05): Received Certificate of Good standing. Exception Cleared<br>Buyer Comment (2025-09-04): COGS - see attached, this was provided already | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117597 | XXXX | 34773069 | 90186-5380 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Operating Agreement is missing in file for XXXX LLC. |  |  |  | Reviewer Comment (2025-09-05): Received Operating agreement point 1.2 Shows Name of the company is XXXX LLC. Exception Cleared<br>Buyer Comment (2025-09-04): EIN reflects Sole Member<br>Buyer Comment (2025-09-04): see attached | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117597 | XXXX | 34773071 | 90186-27172 | XXXX | Credit | Guideline | General | Guideline | DSCR does not meet guideline requirements. |  | Provided lease agreements are incomplete. Documents show page 1 of 1, however only 9 pages provided for both units. Provide complete lease agreement, all pages for both units. |  |  |  | Reviewer Comment (2025-09-11): Noted complete 9 pages of lease agreement. exception cleared.<br>Buyer Comment (2025-09-09): Lease | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117602 | XXXX | 34773073 | 90688-4245 | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 74.06680% exceeds Guideline loan to value percentage of 65.00000%. | Property is in declining market value, reduce LTV ....75%-10% = 65% as per Guideline's requirement. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | 171 vs 3 | XXXX | Reviewer Comment (2025-09-19): Investor accepts and agrees to waive with compensating factors.<br>Buyer Comment (2025-09-19): investor exception approval | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117589 | XXXX | 34773077 | 89345-23086 | XXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of XXXX is less than Cash From Borrower XXXX. | Missing additional asset documents to cover Cash from Borrower requirements. |  |  |  | Reviewer Comment (2025-09-15): Received Large Deposit source of funds. Balance considered as of XXXX $XXXX for subject closing added in to balance as it was withdrawn on the closing date in order to verify actual balance as of XXXX. Exception cleared<br>Buyer Comment (2025-09-11): per lender : LOX is attached. The ending balance on XXXX is shown in the bank statement which is $XXXX Documentation used to verify liquidity must be dated within 60 days of the loan origination date" we do not require 60 days of seasoning on funds to close; we merely require 2 months of bank statements with the most recent being dated within 60 days of origination.<br>Buyer Comment (2025-09-11): per lender: Documentation used to verify liquidity must be dated within 60 days of the loan origination date" we do not require 60 days of seasoning on funds to close, we merely require 2 months of bank statements with the most recent being dated within 60 days of origination. we will get the LOX to clear the large deposits<br>Reviewer Comment (2025-09-10): The 8/4 deposits have been sourced. Provide a XXXX statement and source of $XXXX deposit dated XXXX in XXXX. Additionally, what balance is the lender using for acct XXXX at the time of closing? The statement ends on XXXX, loan funded XXXX.<br>Buyer Comment (2025-09-09): per lender: Please see the explanation for the for the XXXX These were draws from XXXX from another loan into their account.<br>Reviewer Comment (2025-09-08): Received Additional asset, however recent XXXX statement end after closing date. Considered the amount till Disbursement date of XXXX. Require XXXX statement to meet 2 Months requirement additionally, Require source of Large deposit of $XXXX it was more than 10K and per Guideline "Large deposits are<br> defined as any single deposit greater than or equal to $XXXX and represents more than 75% of the monthly average deposit balance" Exception Remains<br>Buyer Comment (2025-09-04): Please see the wires and bank statements and clear. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117589 | XXXX | 34773079 | 89345-29614 | XXXX | Credit | Guideline | Guideline Issue | Guideline | The Guarantor's Percent of Business Ownership does not meet guideline requirements. | Borrower: XXXX XXXX, Borrower: XXXX XXXX XXXX % of Business Ownership: 50.00%<br> % of Business Ownership: 50.00% | As per operating agreement XXXX XXXX is 50% owner, and XXXX XXXX XXXX is 50% owner member of LLC, XXXX XXXX executed all the documents & XXXX XXXX XXXX executed only guarantee agreement. Need all the documents signed, as per guideline minimum >20% ownership requirement. |  |  |  | Reviewer Comment (2025-09-02): Entity cert provided.<br>Buyer Comment (2025-08-28): Please see the entity certificate attached | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117589 | XXXX | 34773080 | 89345-4264 | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 9.00. | Missing additional asset documents to cover reserve requirement of 9 months. |  |  |  | Reviewer Comment (2025-09-15): Received Large Deposit source of funds. Balance considered as of XXXX $XXXX for subject closing added in to balance as it was withdrawn on the closing date in order to verify actual balance as of XXXX. Exception cleared | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117589 | XXXX | 34773081 | 89345-3882 | XXXX | Compliance | Compliance | Federal Compliance | Missing Disclosure | Acknowledgement of Borrower Receipt of Notice of Special Flood HXXXXard Disclosure Missing | FDPA Notification Rule: Creditor did not retain record of borrower's receipt of Notice of Special Flood HXXXXard Disclosure. | Disclosure was not signed by the Borrower. |  |  |  | Buyer Comment (2025-08-28): Acknowledged as non-material.<br>Buyer Comment (2025-08-28): Lender acknowledged. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117589 | XXXX | 34773082 | 89345-3831 | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Loan amount more than XXXX so guidelines require two full, independent appraisals. Only 1 appraisal and a CDA was provided. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of 1.01 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (2025-10-07): Investor exception provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117601 | XXXX | 34773084 | 90482-23387 | XXXX | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | Flood cert provided reflects city name as XXXX. Corrected flood cert with updated city name as XXXX is required. |  |  |  | Reviewer Comment (2025-09-24): Received Flood Cert with correction in city name per Note. Exception Cleared<br>Buyer Comment (2025-09-23): Flood Cert | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117601 | XXXX | 34773085 | 90482-28257 | XXXX | Credit | Guideline | Guideline Issue | Guideline | The subject Property was sold within the previous 12 months. Missing evidence to determine if there are undisclosed Identity-of-Interest transactions and if compliant with Restrictions on Property Flipping. |  | Lender Exception provided due to the property is a Flip. Contract ratified XXXX and Seller purchased property and deed was recorded XXXX, therefore, it falls under the property flip requirements. Confirm investor accepts for downgrade consideration. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XXXX | Reviewer Comment (2025-09-25): Investor exception provided.<br>Buyer Comment (2025-09-23): XXXX approved exception for subject property being a property flip | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117606 | XXXX | 34773192 | HL10026017-2827 | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided |  | Executed Transfer Deed was not provided. |  |  |  | Reviewer Comment (2025-09-08): Received transfer deed. Exception Cleared.<br>Seller Comment (2025-09-05): See attached | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Purchase | D A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350117605 | XXXX | 34773194 | HL10024499-23089 | XXXX | Credit | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Subject is a refinance and property is listed for sale. | Valuation Type: Appraisal / Valuation Report Date: XXXX | The appraisal indicates the subject property is currently listed and active. Per guidelines, properties that have been listed for sale within the past six (6) months will require a LOX from the Borrower along with proof that it has been taken off the market. Additional information may be required at XXXX's sole discretion. |  |  |  | Reviewer Comment (2025-09-22): Received Letter of Explanation from borrower along with proof that it has been taken off the market. Exception Cleared.<br>Seller Comment (2025-09-18): See attached | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A |  | N/A | No |

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## Exhibit 99.4

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.4**

![](situs-logo.jpg)

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| |
|:---|
| **Rating Agency Grades** |
| **Run Date - 10/27/2025 5:56:42 PM** |

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| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **INITIAL CREDIT LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL OVERALL LOAN GRADES** |
| **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Mapped ID** | **Deal ID** | **Investor Loan Number** | **Deal Number** | **Original Loan Amount** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** |
| XXXX | XXXX | XXXX | XXXX | 4350117275 | XXXX | XXXX | XXXX C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117276 | XXXX | XXXX | XXXX C | B | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117277 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117278 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117279 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117280 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117281 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117282 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117283 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117284 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117285 | XXXX | XXXX | XXXX C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117286 | XXXX | XXXX | XXXX B | C | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117287 | XXXX | XXXX | XXXX C | A | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117288 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117289 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117290 | XXXX | XXXX | XXXX A | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117292 | XXXX | XXXX | XXXX C | B | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117293 | XXXX | XXXX | XXXX B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117294 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117295 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117296 | XXXX | XXXX | XXXX C | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117297 | XXXX | XXXX | XXXX A | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117298 | XXXX | XXXX | XXXX C | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117299 | XXXX | XXXX | XXXX C | B | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117300 | XXXX | XXXX | XXXX C | C | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117301 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117302 | XXXX | XXXX | XXXX C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117303 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117304 | XXXX | XXXX | XXXX C | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117305 | XXXX | XXXX | XXXX C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117306 | XXXX | XXXX | XXXX A | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117307 | XXXX | XXXX | XXXX C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117308 | XXXX | XXXX | XXXX A | A | C | C | A | A | A B | A B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117309 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117310 | XXXX | XXXX | XXXX C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117311 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117312 | XXXX | XXXX | XXXX C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117313 | XXXX | XXXX | XXXX A | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117314 | XXXX | XXXX | XXXX C | C | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117315 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117316 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117317 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117318 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117319 | XXXX | XXXX | XXXX A | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117320 | XXXX | XXXX | XXXX C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117321 | XXXX | XXXX | XXXX A | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117322 | XXXX | XXXX | XXXX B | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117323 | XXXX | XXXX | XXXX C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117324 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117325 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117326 | XXXX | XXXX | XXXX C | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117327 | XXXX | XXXX | XXXX A | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117328 | XXXX | XXXX | XXXX B | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117329 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117330 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117331 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117332 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117333 | XXXX | XXXX | XXXX C | A | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117334 | XXXX | XXXX | XXXX C | A | C | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117335 | XXXX | XXXX | XXXX A | B | A | B | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117336 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117337 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117338 | XXXX | XXXX | XXXX C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117339 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117340 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117341 | XXXX | XXXX | XXXX C | A | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117342 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117343 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117344 | XXXX | XXXX | XXXX B | B | A | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117345 | XXXX | XXXX | XXXX A | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117346 | XXXX | XXXX | XXXX B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117347 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117348 | XXXX | XXXX | XXXX A | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117349 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117350 | XXXX | XXXX | XXXX A | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117351 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117352 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117353 | XXXX | XXXX | XXXX C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117354 | XXXX | XXXX | XXXX C | A | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117355 | XXXX | XXXX | XXXX C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117356 | XXXX | XXXX | XXXX C | A | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117357 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117358 | XXXX | XXXX | XXXX C | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117359 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117360 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117361 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117362 | XXXX | XXXX | XXXX B | B | A | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117363 | XXXX | XXXX | XXXX C | A | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117364 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117365 | XXXX | XXXX | XXXX C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117366 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117367 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117368 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117369 | XXXX | XXXX | XXXX C | C | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117370 | XXXX | XXXX | XXXX C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117371 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117372 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117373 | XXXX | XXXX | XXXX C | A | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117374 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117375 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117376 | XXXX | XXXX | XXXX B | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117377 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117378 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117379 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117380 | XXXX | XXXX | XXXX A | B | C | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117381 | XXXX | XXXX | XXXX A | B | A | B | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117382 | XXXX | XXXX | XXXX B | C | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117383 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117384 | XXXX | XXXX | XXXX C | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117385 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117386 | XXXX | XXXX | XXXX C | A | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117387 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117388 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117389 | XXXX | XXXX | XXXX C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117390 | XXXX | XXXX | XXXX C | A | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117391 | XXXX | XXXX | XXXX C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117392 | XXXX | XXXX | XXXX C | A | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117393 | XXXX | XXXX | XXXX C |  | D | D | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117394 | XXXX | XXXX | XXXX A | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117395 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117396 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117397 | XXXX | XXXX | XXXX C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117398 | XXXX | XXXX | XXXX C | A | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117399 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117400 | XXXX | XXXX | XXXX A | B | A | B | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117401 | XXXX | XXXX | XXXX C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117402 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117403 | XXXX | XXXX | XXXX C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117404 | XXXX | XXXX | XXXX A | B | A | B | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117405 | XXXX | XXXX | XXXX B | B | A | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117406 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117407 | XXXX | XXXX | XXXX A | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117408 | XXXX | XXXX | XXXX A | B | A | B | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117409 | XXXX | XXXX | XXXX B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117410 | XXXX | XXXX | XXXX B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117411 | XXXX | XXXX | XXXX A | B | A | B | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117412 | XXXX | XXXX | XXXX C | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117413 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117414 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117415 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117416 | XXXX | XXXX | XXXX B | B | A | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117417 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117418 | XXXX | XXXX | XXXX C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117419 | XXXX | XXXX | XXXX C | A | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117420 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117421 | XXXX | XXXX | XXXX A | B | A | B | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117422 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117423 | XXXX | XXXX | XXXX C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117424 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117425 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117426 | XXXX | XXXX | XXXX C | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117427 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117428 | XXXX | XXXX | XXXX C | A | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117429 | XXXX | XXXX | XXXX C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117430 | XXXX | XXXX | XXXX C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117431 | XXXX | XXXX | XXXX A | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117432 | XXXX | XXXX | XXXX C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117433 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117434 | XXXX | XXXX | XXXX C | A | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117435 | XXXX | XXXX | XXXX B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117436 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117437 | XXXX | XXXX | XXXX B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117438 | XXXX | XXXX | XXXX A | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117439 | XXXX | XXXX | XXXX C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117440 | XXXX | XXXX | XXXX B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117441 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117442 | XXXX | XXXX | XXXX A | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117443 | XXXX | XXXX | XXXX C | C | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117444 | XXXX | XXXX | XXXX A |  | A | A | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117445 | XXXX | XXXX | XXXX C | A | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117446 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117447 | XXXX | XXXX | XXXX C | B | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117448 | XXXX | XXXX | XXXX C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117449 | XXXX | XXXX | XXXX B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117450 | XXXX | XXXX | XXXX C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117451 | XXXX | XXXX | XXXX C | A | A B | C | B | A | A B | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117452 | XXXX | XXXX | XXXX C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117453 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117454 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117455 | XXXX | XXXX | XXXX A | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117456 | XXXX | XXXX | XXXX B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117457 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117458 | XXXX | XXXX | XXXX B | C | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117459 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117460 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117461 | XXXX | XXXX | XXXX C | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117462 | XXXX | XXXX | XXXX C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117463 | XXXX | XXXX | XXXX A | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117464 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117465 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117466 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117467 | XXXX | XXXX | XXXX A | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117468 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117469 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117470 | XXXX | XXXX | XXXX B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117471 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117472 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117473 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117474 | XXXX | XXXX | XXXX B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117475 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117476 | XXXX | XXXX | XXXX C | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117477 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117478 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117479 | XXXX | XXXX | XXXX A | B | A | B | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117480 | XXXX | XXXX | XXXX C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117481 | XXXX | XXXX | XXXX B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117482 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117483 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117484 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117485 | XXXX | XXXX | XXXX B | B | A | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117486 | XXXX | XXXX | XXXX C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117487 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117488 | XXXX | XXXX | XXXX B | C | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117489 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117490 | XXXX | XXXX | XXXX C | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117491 | XXXX | XXXX | XXXX C | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117492 | XXXX | XXXX | XXXX C | A | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117493 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117291 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117494 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117495 | XXXX | XXXX | XXXX A | B | A | B | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117496 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117497 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117498 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117499 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117500 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117501 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117502 | XXXX | XXXX | XXXX B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117503 | XXXX | XXXX | XXXX C | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117504 | XXXX | XXXX | XXXX B |  | C | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117505 | XXXX | XXXX | XXXX C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117506 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117507 | XXXX | XXXX | XXXX A | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117508 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117509 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117510 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117511 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117512 | XXXX | XXXX | XXXX C | A | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117513 | XXXX | XXXX | XXXX A | B | A | B | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117514 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117515 | XXXX | XXXX | XXXX B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117516 | XXXX | XXXX | XXXX C | A | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117517 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117518 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117519 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117520 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117521 | XXXX | XXXX | XXXX C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117522 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117523 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117524 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117525 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117526 | XXXX | XXXX | XXXX A | B | A | B | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117527 | XXXX | XXXX | XXXX B | A | D | D | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117528 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117529 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117530 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117531 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117532 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117533 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117534 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117535 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117536 | XXXX | XXXX | XXXX B | C | C | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117537 | XXXX | XXXX | XXXX C | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117538 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117539 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117540 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117541 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117542 | XXXX | XXXX | XXXX B | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117543 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117544 | XXXX | XXXX | XXXX C |  | A | C | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117545 | XXXX | XXXX | XXXX B | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117546 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117547 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117548 | XXXX | XXXX | XXXX C | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117549 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117550 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117551 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117552 | XXXX | XXXX | XXXX A |  | A | A | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117553 | XXXX | XXXX | XXXX B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117554 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117555 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117556 | XXXX | XXXX | XXXX A | B | A | B | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117557 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117558 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117559 | XXXX | XXXX | XXXX B | C | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117560 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117561 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117562 | XXXX | XXXX | XXXX C | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117563 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117564 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117565 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117566 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117567 | XXXX | XXXX | XXXX D |  | A | D | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117568 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117569 | XXXX | XXXX | XXXX A | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117570 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117571 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117572 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117573 | XXXX | XXXX | XXXX A | C | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117574 | XXXX | XXXX | XXXX B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117575 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117576 | XXXX | XXXX | XXXX C |  | A | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117577 | XXXX | XXXX | XXXX C | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117578 | XXXX | XXXX | XXXX B | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117579 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117580 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117581 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117582 | XXXX | XXXX | XXXX C |  | C | C | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117583 | XXXX | XXXX | XXXX B | A | A | B | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117584 | XXXX | XXXX | XXXX B | C | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117585 | XXXX | XXXX | XXXX A |  | A | A | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117586 | XXXX | XXXX | XXXX B |  | A | B | B |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117588 | XXXX | XXXX | XXXX C | B | D | D | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117593 | XXXX | XXXX | XXXX C | C | D | D | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117598 | XXXX | XXXX | XXXX C | A | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117596 | XXXX | XXXX | XXXX C | C | A | C | A | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117599 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117594 | XXXX | XXXX | XXXX C | A | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117603 | XXXX | XXXX | XXXX C | A | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117587 | XXXX | XXXX | XXXX B | B | A | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117604 | XXXX | XXXX | XXXX C | C | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117600 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117592 | XXXX | XXXX | XXXX C | A | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117590 | XXXX | XXXX | XXXX D | A | A | D | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117595 | XXXX | XXXX | XXXX C | A | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117597 | XXXX | XXXX | XXXX C | A | A | C | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117602 | XXXX | XXXX | XXXX C | A | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117589 | XXXX | XXXX | XXXX C | B | A | C | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117601 | XXXX | XXXX | XXXX C | A | A | C | B | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350117591 | XXXX | XXXX | XXXX A | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117606 | XXXX | XXXX | XXXX D |  | A | D | A |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350117605 | XXXX | XXXX | XXXX C |  | A | C | A |  | A | A |  |

---

## Exhibit 99.5

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.5**

![](situs-logo.jpg)

---

| |
|:---|
| **Data Compare (Non-Ignored)** |
| **Run Date - 10/27/2025 5:57:22 PM** |

---

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Mapped ID** | **Deal ID** | **Servicer Loan ID** | **Investor Loan Number** | **Field Label** | **Bid Tape Field Value** | **Field Value** | **Compare Status** | **Comment** |
| XXXX | XXXX | XXXX | XXXX | 4350117275 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117276 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117277 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117278 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117280 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117288 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117289 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117299 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117301 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117302 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117303 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117305 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117306 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117307 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117310 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117312 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117316 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117320 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117323 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117330 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117331 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117338 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117339 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117349 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117352 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117353 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117355 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117360 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117366 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117367 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117370 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117374 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117385 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117389 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117391 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117393 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117396 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117397 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117401 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117402 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117407 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117408 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117413 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117414 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117418 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117420 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117421 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117432 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117439 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117445 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117447 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117448 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117450 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117453 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117460 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117462 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117473 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117477 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117479 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117484 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117486 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117493 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117291 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117494 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117496 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117497 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117498 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117499 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117500 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117501 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117508 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117509 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117510 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117511 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117518 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117519 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117521 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117522 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117524 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117527 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117529 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117530 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117532 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117533 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117534 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117535 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117539 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117543 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117544 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117546 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117552 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117553 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117554 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117557 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117560 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117561 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117564 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117565 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117566 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117567 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117568 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Guarantor |
| XXXX | XXXX | XXXX | XXXX | 4350117570 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117572 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117576 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117582 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117585 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117592 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117597 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117589 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350117603 | XXXX | XXXX | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117592 | XXXX | XXXX | Borrower FTHB | 0 |  | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117597 | XXXX | XXXX | Borrower FTHB | 0 |  | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117589 | XXXX | XXXX | Borrower FTHB | 0 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350117606 | XXXX | XXXX | Borrower Full Name | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117275 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117276 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117277 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117278 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117280 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117285 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117288 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117289 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117299 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117301 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117302 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117305 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117306 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117307 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117310 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117312 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117316 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117320 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117330 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117331 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117338 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117339 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117349 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117353 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117355 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117360 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117364 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117366 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117367 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117370 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117374 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117385 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117389 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117391 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117393 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117396 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117397 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117401 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117402 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117408 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117413 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117414 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117418 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117420 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117421 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117432 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117439 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117445 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117447 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117450 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117453 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117460 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117462 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117470 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117473 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117477 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117493 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117291 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117494 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117496 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117497 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117498 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117499 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117500 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117501 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117503 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117508 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117509 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117510 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117511 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117518 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117519 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117521 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117522 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117526 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117527 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117529 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117530 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117532 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117533 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117534 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117535 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117539 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117540 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117543 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117544 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117546 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117552 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117554 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117557 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117561 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117564 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117565 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117566 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117567 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117568 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117570 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117572 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117573 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117576 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117582 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117584 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117585 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117592 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117597 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117589 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117275 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117276 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117277 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117278 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117280 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117288 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117289 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117299 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117301 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117302 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117303 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117305 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117307 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117310 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117312 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117316 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117320 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117323 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117325 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117330 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117331 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117338 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117339 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117349 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117352 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117353 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117355 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117360 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117366 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117367 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117370 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117374 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117385 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117389 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117391 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117393 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117396 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117397 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117401 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117402 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117408 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117413 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117414 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117418 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117420 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117421 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117432 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117433 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117439 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117445 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117447 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117450 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117453 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117460 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117462 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117473 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117477 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117484 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117486 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117492 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117493 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117291 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117494 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117496 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117497 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117498 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117499 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117500 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117501 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117508 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117509 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117510 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117511 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117518 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117519 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117521 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117522 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117523 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117524 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117527 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117529 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117530 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117531 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117532 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117533 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117534 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117535 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117539 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117543 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117544 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117546 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117547 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117552 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117554 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117557 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117561 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117564 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117565 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117566 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117567 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117568 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117570 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117572 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117576 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117581 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117582 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117585 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350117283 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117301 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117340 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117343 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117345 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117356 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117359 | XXXX | XXXX | City | XXXX | XXXX | Verified | Alternate format, not a true discrepancy |
| XXXX | XXXX | XXXX | XXXX | 4350117376 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117392 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117443 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117512 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117527 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117547 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117562 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117584 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117603 | XXXX | XXXX | Decision System | LP / LPA |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117299 | XXXX | XXXX | Doc Type | Full | 2yr Full Doc | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350117315 | XXXX | XXXX | Doc Type | Asset Depletion | Asset Depletion (No DTI) | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350117333 | XXXX | XXXX | Doc Type | 24mo Bank Statement | 12mo Bank Statement | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350117337 | XXXX | XXXX | Doc Type | 24mo Bank Statement | 12mo Bank Statement | Verified | Field Value reflects doc Type reflected on the Approval/AUS |
| XXXX | XXXX | XXXX | XXXX | 4350117359 | XXXX | XXXX | Doc Type | 24mo Bank Statement | 12mo Bank Statement | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350117372 | XXXX | XXXX | Doc Type | 1yr P&L w/o Bank Statements | 12mo CPA P&L | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350117386 | XXXX | XXXX | Doc Type | 12mo Bank Statement | 24mo Bank Statement | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350117406 | XXXX | XXXX | Doc Type | 1yr P&L w/o Bank Statements | 1yr P&L w/Bank Statements | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350117411 | XXXX | XXXX | Doc Type | 1yr P&L w/o Bank Statements | 1yr P&L w/Bank Statements | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350117412 | XXXX | XXXX | Doc Type | 24mo Bank Statement | 12mo Bank Statement | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350117449 | XXXX | XXXX | Doc Type | 1yr P&L w/o Bank Statements | 1yr P&L w/Bank Statements | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350117495 | XXXX | XXXX | Doc Type | 1yr P&L w/o Bank Statements | 1yr P&L w/Bank Statements | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350117507 | XXXX | XXXX | Doc Type | 24mo Bank Statement | 12mo Bank Statement | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350117515 | XXXX | XXXX | Doc Type | 24mo Bank Statement | 12mo Bank Statement | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350117527 | XXXX | XXXX | Doc Type | 12mo Bank Statement | 2yr Full Doc | Verified | Field Value reflects doc Type reflected on the Approval/AUS |
| XXXX | XXXX | XXXX | XXXX | 4350117540 | XXXX | XXXX | Doc Type | 24mo Bank Statement | 12mo Bank Statement | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350117545 | XXXX | XXXX | Doc Type | 24mo Bank Statement | 12mo Bank Statement | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350117556 | XXXX | XXXX | Doc Type | 1yr P&L w/o Bank Statements | 12mo CPA P&L | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350117562 | XXXX | XXXX | Doc Type | 1yr P&L w/o Bank Statements | 1yr P&L w/Bank Statements | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350117563 | XXXX | XXXX | Doc Type | 1yr P&L w/o Bank Statements | 1yr P&L w/Bank Statements | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350117275 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117276 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117277 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117278 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117279 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117281 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117282 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117283 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117284 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117285 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117286 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117288 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117289 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117290 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117292 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117294 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117295 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117296 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117297 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117298 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117299 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117300 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117301 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117302 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117303 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117304 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117305 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117306 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117307 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117308 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117309 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117310 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117311 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117312 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117313 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117314 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117315 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117316 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117317 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117318 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117319 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117320 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117321 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117322 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117323 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117324 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117325 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117326 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117327 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117328 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117329 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117330 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117331 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117332 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117333 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117334 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117335 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117336 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117337 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117338 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117339 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117340 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117342 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117343 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117344 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117345 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117346 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117347 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117348 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117349 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117350 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117351 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117352 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117353 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117354 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117356 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117357 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117358 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117359 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117360 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117361 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117362 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117363 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117364 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117366 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117367 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117368 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117369 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117370 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117371 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117372 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117373 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117374 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117375 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117376 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117377 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117378 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117379 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117380 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117381 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117382 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117384 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117386 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117387 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117388 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117389 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117390 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117391 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117392 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117393 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117394 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117395 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117396 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117397 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117399 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117400 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117401 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117402 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117404 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117405 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117406 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117407 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117408 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117409 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117410 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117411 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117412 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117414 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117415 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117416 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117417 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117418 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117419 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117420 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117421 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117422 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117423 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117424 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117425 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117426 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117428 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117429 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117430 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117431 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117432 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117433 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117434 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117435 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117436 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117437 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117439 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117440 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117441 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117442 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117443 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117444 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117445 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117446 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117447 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117448 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117449 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117451 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117452 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117454 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117455 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117456 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117457 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117458 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117459 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117460 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117462 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117463 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117464 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117465 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117466 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117467 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117468 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117469 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117470 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117471 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117472 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117473 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117474 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117475 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117476 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117477 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117478 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117479 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117480 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117481 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117482 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117483 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117484 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117485 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117486 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117487 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117488 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117489 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117490 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117491 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350117492 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117493 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117291 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117494 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117495 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117496 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117498 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117499 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117500 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117501 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117502 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117503 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117504 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117505 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117506 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117507 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117508 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117509 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117510 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117511 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117512 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117513 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117514 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117515 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117517 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117518 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117519 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117520 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117521 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117522 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117523 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117524 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117525 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117526 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117527 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117528 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117529 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117530 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117532 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117533 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117534 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117535 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117536 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117537 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117538 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117539 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117540 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117541 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117543 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117544 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117545 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117546 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117547 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117548 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117549 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117550 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117551 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117552 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117553 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117554 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117555 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117557 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117558 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117559 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117560 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117561 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117562 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117563 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117564 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117565 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117567 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117569 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117570 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117571 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117572 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117573 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117574 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117575 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117576 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117577 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117578 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117579 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117580 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117581 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117582 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117583 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117584 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117585 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117586 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117326 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117345 | XXXX | XXXX | Has FTHB | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117347 | XXXX | XXXX | Has FTHB | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117350 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117358 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117369 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117372 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117398 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117456 | XXXX | XXXX | Has FTHB | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117458 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117489 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117491 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117502 | XXXX | XXXX | Has FTHB | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117509 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117559 | XXXX | XXXX | Has FTHB | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117578 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117283 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 38.749 | 47.91537 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117287 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 40.034 | 46.69846 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117290 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 47.816 | 44.79625 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117295 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 53.625 | 49.72021 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117298 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 30 | 23.36858 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117315 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 22.205 |  | Verified | Field Value DTI is higher than Tape value but not < 43% as required by QM/TQM |
| XXXX | XXXX | XXXX | XXXX | 4350117319 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 41.392 | 38.23024 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117322 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 23 | 18.14388 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117344 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 46.423 | 26.77363 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117345 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 46.798 | 51.66687 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117350 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 37.223 | 39.2442 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117358 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 33.34 | 30.65017 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117359 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 31.599 | 26.56103 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117363 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 0.0001 |  | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117373 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 15 | 12.52619 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117377 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 40.234 | 44.75591 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117382 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 23.47 | 20.04844 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117405 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 43.571 | 48.63019 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117408 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 36.208 | 40.29477 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117410 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 49.622 | 46.54506 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117412 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 15.248 | 39.12453 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117422 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 49.9 | 46.67039 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117425 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 23.967 | 10.89065 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117428 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 35.87 | 39.43521 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117435 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 23.678 | 20.2072 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117442 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 0.0001 | 18.75551 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117443 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 50.25 | 40.1273 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117451 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 36.092 | 33.16917 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117454 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 38.011 | 34.3486 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117455 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 2.72 | 16.69536 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117458 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 35.9 | 38.18633 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117459 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 25 | 20.07518 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117461 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 42.915 | 36.72618 | Verified | Due to REO income calculations. |
| XXXX | XXXX | XXXX | XXXX | 4350117463 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 14.717 | 36.93929 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117467 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 0.0001 | 16.74278 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117472 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 35 | 38.49491 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117481 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 30 | 20.27791 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117490 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 27.62 | 41.93011 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117291 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 30 |  | Verified | DSCR Program. |
| XXXX | XXXX | XXXX | XXXX | 4350117506 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 24.941 | 28.37873 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117509 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 33.714 | 41.89887 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117512 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 44.195 | 35.78695 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117514 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 35 | 44.99122 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117515 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 38.062 | 42.36688 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117526 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 28.551 | 32.55906 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117527 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 32 | 38.02956 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117528 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 42.536 | 47.38991 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117536 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 49.971 | 41.24228 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117538 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 27.202 | 37.24277 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117540 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 44.528 | 38.82105 | Verified | REO property lease starts from XXXX with monthly rent $XXXX & monthly PITIA is $XXXX, we use it for DTI calculation. |
| XXXX | XXXX | XXXX | XXXX | 4350117548 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 36.658 | 39.50521 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117556 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 50 | 46.13636 | Verified | Field Value DTI is higher than Tape value but within 3% and < 45% DTI |
| XXXX | XXXX | XXXX | XXXX | 4350117562 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 35 | 43.31488 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117563 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 35 | 31.90628 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117569 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 39.349 | 44.00478 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117574 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 31.63 | 20.62168 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117577 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 39 | 34.02444 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117578 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 15.886 | 23.4089 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117579 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 44.209 | 54.51 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350117599 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 10.7273 | 37.25263 | Verified | Per 1008 DTI is 37.241% and calculated DTI is 37.252% due to the taxes pf $XXXX per first payment letter and CD vs 1008 of $XXXX |
| XXXX | XXXX | XXXX | XXXX | 4350117594 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 39.399 | 47.75355 | Verified | Per Approval DTI is 47.75% and calculated DTI is 47.75% |
| XXXX | XXXX | XXXX | XXXX | 4350117592 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 0 |  | Verified | DSCR loan |
| XXXX | XXXX | XXXX | XXXX | 4350117591 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 0 |  | Verified | DSCR loan hence not applicable |
| XXXX | XXXX | XXXX | XXXX | 4350117299 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117330 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117364 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117393 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117408 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117434 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117445 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117483 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117519 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117526 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117531 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117542 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117546 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117548 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117561 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117563 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117577 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117579 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117586 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117299 | XXXX | XXXX | Margin | 4 | 5.25 | Verified | Field Value reflects 'Margin' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117318 | XXXX | XXXX | Margin | 4 |  | Verified | Field Value reflects 'Margin' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117422 | XXXX | XXXX | Margin | 4 |  | Verified | Field Value reflects 'Margin' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117447 | XXXX | XXXX | Margin | 4 | 5.25 | Verified | Field Value reflects 'Margin' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117537 | XXXX | XXXX | Margin | 4 | 3.25 | Verified | Field Value reflects 'Margin' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117281 | XXXX | XXXX | Original CLTV | 35.88 | 43.57143 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350117282 | XXXX | XXXX | Original CLTV | 62.21 | 64.22925 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350117283 | XXXX | XXXX | Original CLTV | 58.125 | 60.90373 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350117284 | XXXX | XXXX | Original CLTV | 63 | 64.98195 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350117294 | XXXX | XXXX | Original CLTV | 70.5 | 71.75 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350117303 | XXXX | XXXX | Original CLTV | 71.4293 | 70 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350117320 | XXXX | XXXX | Original CLTV | 40.0004 | 47.61952 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350117330 | XXXX | XXXX | Original CLTV | 55 | 61.29518 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350117333 | XXXX | XXXX | Original CLTV | 76.52 | 70 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350117338 | XXXX | XXXX | Original CLTV | 65 | 70 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350117352 | XXXX | XXXX | Original CLTV | 65 | 63.03681 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350117368 | XXXX | XXXX | Original CLTV | 68.4 | 70 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350117376 | XXXX | XXXX | Original CLTV | 68.667 | 60.92437 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350117378 | XXXX | XXXX | Original CLTV | 75 | 65 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350117380 | XXXX | XXXX | Original CLTV | 85 | 80 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350117387 | XXXX | XXXX | Original CLTV | 51 | 53.52113 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350117416 | XXXX | XXXX | Original CLTV | 78.243 | 76.88088 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350117430 | XXXX | XXXX | Original CLTV | 73.5 | 75 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350117435 | XXXX | XXXX | Original CLTV | 60 | 50 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350117492 | XXXX | XXXX | Original CLTV | 68.177 | 69.43981 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350117501 | XXXX | XXXX | Original CLTV | 75 | 73.94737 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350117519 | XXXX | XXXX | Original CLTV | 75 | 80 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350117550 | XXXX | XXXX | Original CLTV | 68.13 | 61.8325 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350117551 | XXXX | XXXX | Original CLTV | 72.76 | 74.46154 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350117554 | XXXX | XXXX | Original CLTV | 74.9998 | 71.95714 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350117568 | XXXX | XXXX | Original CLTV | 74.828 | 72.96552 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350117604 | XXXX | XXXX | Original CLTV | 72.28 | 67.11409 | Verified | Based on re-review to Non- seasoning for recent purchase is moot. Using appraised value for higher LTV. CD references XXXX but this does not affect testing as investor is aware and accepts. |
| XXXX | XXXX | XXXX | XXXX | 4350117592 | XXXX | XXXX | Original CLTV | 75 | 80 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350117286 | XXXX | XXXX | Original Interest Rate | 7.75 | 7.875 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117301 | XXXX | XXXX | Original Interest Rate | 7.125 | 7 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117303 | XXXX | XXXX | Original Interest Rate | 8.25 | 7.875 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117333 | XXXX | XXXX | Original Interest Rate | 7.49 | 7.25 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117361 | XXXX | XXXX | Original Interest Rate | 8.375 | 7.625 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117362 | XXXX | XXXX | Original Interest Rate | 7.25 | 7.125 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117363 | XXXX | XXXX | Original Interest Rate | 6.75 | 6.625 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117380 | XXXX | XXXX | Original Interest Rate | 7.875 | 7.75 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117410 | XXXX | XXXX | Original Interest Rate | 7.625 | 7.875 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117424 | XXXX | XXXX | Original Interest Rate | 7.375 | 7.25 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117437 | XXXX | XXXX | Original Interest Rate | 7.75 | 7.625 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117442 | XXXX | XXXX | Original Interest Rate | 7.5 | 7.49 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117447 | XXXX | XXXX | Original Interest Rate | 7.75 | 7.749 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117474 | XXXX | XXXX | Original Interest Rate | 7.75 | 8.49 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117475 | XXXX | XXXX | Original Interest Rate | 8.375 | 8.25 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117488 | XXXX | XXXX | Original Interest Rate | 7.75 | 6.99 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117501 | XXXX | XXXX | Original Interest Rate | 7.875 | 7.75 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117512 | XXXX | XXXX | Original Interest Rate | 6.875 | 6.75 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117521 | XXXX | XXXX | Original Interest Rate | 6.875 | 6.625 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117525 | XXXX | XXXX | Original Interest Rate | 6.99 | 7.25 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117541 | XXXX | XXXX | Original Interest Rate | 7.5 | 7.625 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117551 | XXXX | XXXX | Original Interest Rate | 7.875 | 8.125 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117553 | XXXX | XXXX | Original Interest Rate | 7.375 | 8.375 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117563 | XXXX | XXXX | Original Interest Rate | 8 | 7.99 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117279 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117282 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117284 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117290 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117292 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117294 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117301 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117303 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117307 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117316 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117329 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117337 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117338 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117341 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117352 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117376 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117378 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117380 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117430 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117435 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117442 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117476 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117501 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117519 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117551 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117563 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117568 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117604 | XXXX | XXXX | Original LTV | 72.28 | 67.11409 | Verified | Based on re-review to Non- seasoning for recent purchase is moot. Using appraised value for higher LTV. CD references XXXX but this does not affect testing as investor is aware and accepts. |
| XXXX | XXXX | XXXX | XXXX | 4350117592 | XXXX | XXXX | Original LTV | 75 | 80 | Verified | Field Value reflects the Original Principal Balance divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350117606 | XXXX | XXXX | Original Term | 30 | 360 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117605 | XXXX | XXXX | Original Term | 30 | 360 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350117275 | XXXX | XXXX | PITIA Reserves Months | 36 | 97.18 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117276 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.05 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117277 | XXXX | XXXX | PITIA Reserves Months | 12 | 12.49 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117278 | XXXX | XXXX | PITIA Reserves Months | 6 | 24.01 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117279 | XXXX | XXXX | PITIA Reserves Months | 10 | 80.95 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117280 | XXXX | XXXX | PITIA Reserves Months | 18 | 82.19 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117282 | XXXX | XXXX | PITIA Reserves Months | 6 | 14.73 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117283 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.45 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117284 | XXXX | XXXX | PITIA Reserves Months | 12 | 105.24 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117286 | XXXX | XXXX | PITIA Reserves Months | 6 | 40.99 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117287 | XXXX | XXXX | PITIA Reserves Months | 12 | 56.34 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117288 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.78 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117289 | XXXX | XXXX | PITIA Reserves Months | 15 | 15.47 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117290 | XXXX | XXXX | PITIA Reserves Months | 6 | 63.74 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117292 | XXXX | XXXX | PITIA Reserves Months | 7 | 25.86 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117294 | XXXX | XXXX | PITIA Reserves Months | 6 | 7.5 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117295 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.04 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117296 | XXXX | XXXX | PITIA Reserves Months | 6 | 5.61 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117297 | XXXX | XXXX | PITIA Reserves Months | 6 | 13.43 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117298 | XXXX | XXXX | PITIA Reserves Months | 6 | 16.85 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117299 | XXXX | XXXX | PITIA Reserves Months | 6 | 5.68 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117300 | XXXX | XXXX | PITIA Reserves Months | 6 | 5.77 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117301 | XXXX | XXXX | PITIA Reserves Months | 9 | 104.25 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117302 | XXXX | XXXX | PITIA Reserves Months | 12 | 114.67 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117303 | XXXX | XXXX | PITIA Reserves Months | 9 | 79.81 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117304 | XXXX | XXXX | PITIA Reserves Months | 23 | 6.04 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117305 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.67 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117306 | XXXX | XXXX | PITIA Reserves Months | 24 | 26.37 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117307 | XXXX | XXXX | PITIA Reserves Months | 6 | 69.74 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117308 | XXXX | XXXX | PITIA Reserves Months | 6 | 96.68 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117309 | XXXX | XXXX | PITIA Reserves Months | 9 | 15.44 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117310 | XXXX | XXXX | PITIA Reserves Months | 6 | 49.96 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117311 | XXXX | XXXX | PITIA Reserves Months | 12 | 98.6 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117312 | XXXX | XXXX | PITIA Reserves Months | 6 | 51.39 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117313 | XXXX | XXXX | PITIA Reserves Months | 12 | 7.74 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117314 | XXXX | XXXX | PITIA Reserves Months | 12 | 8.14 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117315 | XXXX | XXXX | PITIA Reserves Months | 36 | 239.55 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117316 | XXXX | XXXX | PITIA Reserves Months | 9 | 31.02 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117317 | XXXX | XXXX | PITIA Reserves Months | 6 | 102.84 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117318 | XXXX | XXXX | PITIA Reserves Months | 6 | 42.36 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117319 | XXXX | XXXX | PITIA Reserves Months | 12 | 72.59 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117320 | XXXX | XXXX | PITIA Reserves Months | 9 | 122.92 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117321 | XXXX | XXXX | PITIA Reserves Months | 6 | 16.34 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117322 | XXXX | XXXX | PITIA Reserves Months | 10 | 4.66 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117323 | XXXX | XXXX | PITIA Reserves Months | 20 | 9.23 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117324 | XXXX | XXXX | PITIA Reserves Months | 12 | 100.24 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117325 | XXXX | XXXX | PITIA Reserves Months | 12 | 15.6 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117326 | XXXX | XXXX | PITIA Reserves Months | 6 | 18.32 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117327 | XXXX | XXXX | PITIA Reserves Months | 6 | 100.28 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117328 | XXXX | XXXX | PITIA Reserves Months | 36 | 5.31 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117329 | XXXX | XXXX | PITIA Reserves Months | 3 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117330 | XXXX | XXXX | PITIA Reserves Months | 9 | 79.86 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117331 | XXXX | XXXX | PITIA Reserves Months | 12 | 23.65 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117332 | XXXX | XXXX | PITIA Reserves Months | 8 | 8.37 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117333 | XXXX | XXXX | PITIA Reserves Months | 12 | 100.87 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117334 | XXXX | XXXX | PITIA Reserves Months | 24 | 272.97 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117335 | XXXX | XXXX | PITIA Reserves Months | 12 | 59.32 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117336 | XXXX | XXXX | PITIA Reserves Months | 12 | 102.79 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117337 | XXXX | XXXX | PITIA Reserves Months | 6 | 19.88 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117338 | XXXX | XXXX | PITIA Reserves Months | 9 | 81.39 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117339 | XXXX | XXXX | PITIA Reserves Months | 6 | 36.73 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117340 | XXXX | XXXX | PITIA Reserves Months | 12 | 42.4 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117341 | XXXX | XXXX | PITIA Reserves Months | 24 | 116.33 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117342 | XXXX | XXXX | PITIA Reserves Months | 12 | 25.05 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117343 | XXXX | XXXX | PITIA Reserves Months | 36 | 67.08 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117344 | XXXX | XXXX | PITIA Reserves Months | 12 | 64.95 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117345 | XXXX | XXXX | PITIA Reserves Months | 6 | 19.23 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117346 | XXXX | XXXX | PITIA Reserves Months | 35 | 21.79 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117347 | XXXX | XXXX | PITIA Reserves Months | 6 | 18.66 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117348 | XXXX | XXXX | PITIA Reserves Months | 12 | 15.75 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117349 | XXXX | XXXX | PITIA Reserves Months | 12 | 26.5 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117350 | XXXX | XXXX | PITIA Reserves Months | 3 | 11.41 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117351 | XXXX | XXXX | PITIA Reserves Months | 12 | 29.31 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117352 | XXXX | XXXX | PITIA Reserves Months | 9 | 14.04 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117353 | XXXX | XXXX | PITIA Reserves Months | 6 | 35.62 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117354 | XXXX | XXXX | PITIA Reserves Months | 6 | 15.55 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117355 | XXXX | XXXX | PITIA Reserves Months | 12 | 396.75 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117356 | XXXX | XXXX | PITIA Reserves Months | 6 | 21.57 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117357 | XXXX | XXXX | PITIA Reserves Months | 6 | 27.87 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117358 | XXXX | XXXX | PITIA Reserves Months | 6 | 32.01 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117359 | XXXX | XXXX | PITIA Reserves Months | 24 | 14.48 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117360 | XXXX | XXXX | PITIA Reserves Months | 9 | 73.04 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117361 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.58 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117362 | XXXX | XXXX | PITIA Reserves Months | 6 | 11.37 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117363 | XXXX | XXXX | PITIA Reserves Months | 10 | 283.44 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117364 | XXXX | XXXX | PITIA Reserves Months | 12 | 40.54 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117365 | XXXX | XXXX | PITIA Reserves Months | 12 | 13.68 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117366 | XXXX | XXXX | PITIA Reserves Months | 12 | 47.51 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117367 | XXXX | XXXX | PITIA Reserves Months | 6 | 43.7 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117368 | XXXX | XXXX | PITIA Reserves Months | 12 | 34.51 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117369 | XXXX | XXXX | PITIA Reserves Months | 7 | 10.33 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117370 | XXXX | XXXX | PITIA Reserves Months | 9 | 75.46 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117371 | XXXX | XXXX | PITIA Reserves Months | 12 | 36.38 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117372 | XXXX | XXXX | PITIA Reserves Months | 6 | 10.09 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117373 | XXXX | XXXX | PITIA Reserves Months | 10 | 38.07 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117374 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.02 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117375 | XXXX | XXXX | PITIA Reserves Months | 6 | 94.29 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117376 | XXXX | XXXX | PITIA Reserves Months | 6 | 69.93 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117377 | XXXX | XXXX | PITIA Reserves Months | 6 | 28.24 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117378 | XXXX | XXXX | PITIA Reserves Months | 6 | 149.47 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117379 | XXXX | XXXX | PITIA Reserves Months | 24 | 7.33 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117380 | XXXX | XXXX | PITIA Reserves Months | 6 | 86.31 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117381 | XXXX | XXXX | PITIA Reserves Months | 6 | 20.65 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117382 | XXXX | XXXX | PITIA Reserves Months | 24 | 19 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117384 | XXXX | XXXX | PITIA Reserves Months | 6 | 53.63 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117385 | XXXX | XXXX | PITIA Reserves Months | 24 | 51.99 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117386 | XXXX | XXXX | PITIA Reserves Months | 8 | 11.79 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117387 | XXXX | XXXX | PITIA Reserves Months | 12 | 26.05 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117388 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.75 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117389 | XXXX | XXXX | PITIA Reserves Months | 9 | 9.28 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117390 | XXXX | XXXX | PITIA Reserves Months | 6 | 51.79 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117391 | XXXX | XXXX | PITIA Reserves Months | 12 | 7.62 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117392 | XXXX | XXXX | PITIA Reserves Months | 6 | 13.2 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117393 | XXXX | XXXX | PITIA Reserves Months | 6 | 46.71 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117394 | XXXX | XXXX | PITIA Reserves Months | 6 | 15 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117395 | XXXX | XXXX | PITIA Reserves Months | 6 | 13.22 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117396 | XXXX | XXXX | PITIA Reserves Months | 9 | 13.9 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117397 | XXXX | XXXX | PITIA Reserves Months | 6 | 71.45 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117399 | XXXX | XXXX | PITIA Reserves Months | 24 | 56.14 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117400 | XXXX | XXXX | PITIA Reserves Months | 6 | 25.3 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117401 | XXXX | XXXX | PITIA Reserves Months | 12 | 115.56 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117402 | XXXX | XXXX | PITIA Reserves Months | 100 | 118.35 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117403 | XXXX | XXXX | PITIA Reserves Months | 11 | 684.25 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117404 | XXXX | XXXX | PITIA Reserves Months | 36 | 59.52 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117405 | XXXX | XXXX | PITIA Reserves Months | 12 | 20 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117406 | XXXX | XXXX | PITIA Reserves Months | 6 | 39.6 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117407 | XXXX | XXXX | PITIA Reserves Months | 24 | 15.31 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117408 | XXXX | XXXX | PITIA Reserves Months | 12 | 25.02 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117409 | XXXX | XXXX | PITIA Reserves Months | 12 | 101.81 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117410 | XXXX | XXXX | PITIA Reserves Months | 6 | 15.74 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117411 | XXXX | XXXX | PITIA Reserves Months | 9 | 15.91 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117413 | XXXX | XXXX | PITIA Reserves Months | 24 | 103.89 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117414 | XXXX | XXXX | PITIA Reserves Months | 9 | 20.55 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117415 | XXXX | XXXX | PITIA Reserves Months | 6 | 15.76 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117416 | XXXX | XXXX | PITIA Reserves Months | 7 | 12.06 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117417 | XXXX | XXXX | PITIA Reserves Months | 10 | 12.39 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117418 | XXXX | XXXX | PITIA Reserves Months | 6 | 7.27 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117419 | XXXX | XXXX | PITIA Reserves Months | 50 | 13.75 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117420 | XXXX | XXXX | PITIA Reserves Months | 6 | 49.37 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117421 | XXXX | XXXX | PITIA Reserves Months | 12 | 29.12 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117422 | XXXX | XXXX | PITIA Reserves Months | 20 | 21.79 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117423 | XXXX | XXXX | PITIA Reserves Months | 6 | 46.73 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117424 | XXXX | XXXX | PITIA Reserves Months | 9 | 281.78 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117425 | XXXX | XXXX | PITIA Reserves Months | 6 | 120.33 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117426 | XXXX | XXXX | PITIA Reserves Months | 6 | 3.62 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117427 | XXXX | XXXX | PITIA Reserves Months | 6 | 112.35 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117428 | XXXX | XXXX | PITIA Reserves Months | 6 | 45.53 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117429 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.44 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117430 | XXXX | XXXX | PITIA Reserves Months | 9 | 11.43 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117431 | XXXX | XXXX | PITIA Reserves Months | 6 | 18.29 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117432 | XXXX | XXXX | PITIA Reserves Months | 9 | 109.17 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117433 | XXXX | XXXX | PITIA Reserves Months | 9 | 491.51 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117434 | XXXX | XXXX | PITIA Reserves Months | 12 | 318.25 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117435 | XXXX | XXXX | PITIA Reserves Months | 12 | 83.55 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117436 | XXXX | XXXX | PITIA Reserves Months | 12 | 14.66 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117437 | XXXX | XXXX | PITIA Reserves Months | 12 | 6.4 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117439 | XXXX | XXXX | PITIA Reserves Months | 40 | 102.54 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117440 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.78 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117441 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.22 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117442 | XXXX | XXXX | PITIA Reserves Months | 6 | 102.88 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117443 | XXXX | XXXX | PITIA Reserves Months | 12 | 61.66 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117445 | XXXX | XXXX | PITIA Reserves Months | 24 | 113.54 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117446 | XXXX | XXXX | PITIA Reserves Months | 12 | 40.75 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117447 | XXXX | XXXX | PITIA Reserves Months | 99 | 11.59 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117448 | XXXX | XXXX | PITIA Reserves Months | 6 | 100.82 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117449 | XXXX | XXXX | PITIA Reserves Months | 6 | 13.89 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117450 | XXXX | XXXX | PITIA Reserves Months | 12 | 11.46 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117451 | XXXX | XXXX | PITIA Reserves Months | 52 | 51.83 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117452 | XXXX | XXXX | PITIA Reserves Months | 3 | 5.2 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117453 | XXXX | XXXX | PITIA Reserves Months | 12 | 107.07 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117454 | XXXX | XXXX | PITIA Reserves Months | 6 | 14.8 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117455 | XXXX | XXXX | PITIA Reserves Months | 6 | 18.71 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117456 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.93 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117457 | XXXX | XXXX | PITIA Reserves Months | 6 | 29.11 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117458 | XXXX | XXXX | PITIA Reserves Months | 6 | 7.63 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117459 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.77 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117460 | XXXX | XXXX | PITIA Reserves Months | 9 | 45.23 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117461 | XXXX | XXXX | PITIA Reserves Months | 6 | 19.29 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117462 | XXXX | XXXX | PITIA Reserves Months | 12 | 47.24 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117463 | XXXX | XXXX | PITIA Reserves Months | 6 | 122.14 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117464 | XXXX | XXXX | PITIA Reserves Months | 6 | 29.21 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117465 | XXXX | XXXX | PITIA Reserves Months | 50 | 114.2 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117466 | XXXX | XXXX | PITIA Reserves Months | 6 | 128.36 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117467 | XXXX | XXXX | PITIA Reserves Months | 6 | 5.51 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117468 | XXXX | XXXX | PITIA Reserves Months | 12 | 13.31 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117469 | XXXX | XXXX | PITIA Reserves Months | 36 | 86.89 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117470 | XXXX | XXXX | PITIA Reserves Months | 27 | 15.89 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117471 | XXXX | XXXX | PITIA Reserves Months | 6 | 63.28 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117472 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.44 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117473 | XXXX | XXXX | PITIA Reserves Months | 90 | 36.54 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117474 | XXXX | XXXX | PITIA Reserves Months | 24 | 25.3 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117475 | XXXX | XXXX | PITIA Reserves Months | 6 | 42.38 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117476 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.93 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117477 | XXXX | XXXX | PITIA Reserves Months | 12 | 94.13 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117478 | XXXX | XXXX | PITIA Reserves Months | 9 | 22.38 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117479 | XXXX | XXXX | PITIA Reserves Months | 6 | 77.37 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117480 | XXXX | XXXX | PITIA Reserves Months | 6 | 12.46 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117481 | XXXX | XXXX | PITIA Reserves Months | 10 | 13.79 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117482 | XXXX | XXXX | PITIA Reserves Months | 6 | 38.16 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117483 | XXXX | XXXX | PITIA Reserves Months | 6 | 63.25 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117484 | XXXX | XXXX | PITIA Reserves Months | 12 | 60.93 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117485 | XXXX | XXXX | PITIA Reserves Months | 6 | 113.33 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117486 | XXXX | XXXX | PITIA Reserves Months | 6 | 9.78 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117487 | XXXX | XXXX | PITIA Reserves Months | 9 | 45.23 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117488 | XXXX | XXXX | PITIA Reserves Months | 6 | 9.75 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117489 | XXXX | XXXX | PITIA Reserves Months | 6 | 7.26 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117490 | XXXX | XXXX | PITIA Reserves Months | 6 | 14.72 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117491 | XXXX | XXXX | PITIA Reserves Months | 6 | 5 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117492 | XXXX | XXXX | PITIA Reserves Months | 140 | 112 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117493 | XXXX | XXXX | PITIA Reserves Months | 12 | 11.27 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117291 | XXXX | XXXX | PITIA Reserves Months | 70 | 73.89 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117494 | XXXX | XXXX | PITIA Reserves Months | 9 | 11.53 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117495 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.28 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117496 | XXXX | XXXX | PITIA Reserves Months | 9 | 11.96 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117497 | XXXX | XXXX | PITIA Reserves Months | 6 | 109.67 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117498 | XXXX | XXXX | PITIA Reserves Months | 9 | 21.68 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117499 | XXXX | XXXX | PITIA Reserves Months | 9 | 151.59 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117500 | XXXX | XXXX | PITIA Reserves Months | 9 |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117501 | XXXX | XXXX | PITIA Reserves Months | 9 | 33.46 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117502 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.31 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117503 | XXXX | XXXX | PITIA Reserves Months | 6 | 54.28 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117504 | XXXX | XXXX | PITIA Reserves Months | 6 | 142.2 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117505 | XXXX | XXXX | PITIA Reserves Months | 6 | 11.21 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117506 | XXXX | XXXX | PITIA Reserves Months | 6 | 25.53 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117507 | XXXX | XXXX | PITIA Reserves Months | 24 | 61.01 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117508 | XXXX | XXXX | PITIA Reserves Months | 6 | 43.83 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117509 | XXXX | XXXX | PITIA Reserves Months | 6 | 19.21 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117510 | XXXX | XXXX | PITIA Reserves Months | 9 | 71.83 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117511 | XXXX | XXXX | PITIA Reserves Months | 9 | 52.41 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117512 | XXXX | XXXX | PITIA Reserves Months | 12 | 90.4 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117513 | XXXX | XXXX | PITIA Reserves Months | 9 | 28.72 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117514 | XXXX | XXXX | PITIA Reserves Months | 9 | 9.81 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117515 | XXXX | XXXX | PITIA Reserves Months | 12 | 17.95 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117517 | XXXX | XXXX | PITIA Reserves Months | 12 | 86.15 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117518 | XXXX | XXXX | PITIA Reserves Months | 9 | 48.2 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117519 | XXXX | XXXX | PITIA Reserves Months | 12 | 112.97 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117520 | XXXX | XXXX | PITIA Reserves Months | 24 | 9.74 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117521 | XXXX | XXXX | PITIA Reserves Months | 6 | 7.78 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117522 | XXXX | XXXX | PITIA Reserves Months | 9 | 424.22 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117523 | XXXX | XXXX | PITIA Reserves Months | 9 | 14.72 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117524 | XXXX | XXXX | PITIA Reserves Months | 52 | 81.73 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117525 | XXXX | XXXX | PITIA Reserves Months | 6 | 12.09 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117526 | XXXX | XXXX | PITIA Reserves Months | 6 | 105.17 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117527 | XXXX | XXXX | PITIA Reserves Months | 40 | 29.65 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117528 | XXXX | XXXX | PITIA Reserves Months | 50 | 149.36 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117529 | XXXX | XXXX | PITIA Reserves Months | 9 | 92.2 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117530 | XXXX | XXXX | PITIA Reserves Months | 12 | 220.89 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117531 | XXXX | XXXX | PITIA Reserves Months | 12 | 28.65 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117532 | XXXX | XXXX | PITIA Reserves Months | 9 | 515.78 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117533 | XXXX | XXXX | PITIA Reserves Months | 9 | 332.33 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117534 | XXXX | XXXX | PITIA Reserves Months | 9 | 424.23 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117535 | XXXX | XXXX | PITIA Reserves Months | 9 | 300.73 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117536 | XXXX | XXXX | PITIA Reserves Months | 12 | 28.83 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117537 | XXXX | XXXX | PITIA Reserves Months | 6 | 17.85 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117538 | XXXX | XXXX | PITIA Reserves Months | 6 | 17.71 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117539 | XXXX | XXXX | PITIA Reserves Months | 80 | 94.04 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117540 | XXXX | XXXX | PITIA Reserves Months | 6 | 15.16 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117541 | XXXX | XXXX | PITIA Reserves Months | 6 | 21.1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117542 | XXXX | XXXX | PITIA Reserves Months | 6 | 22.72 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117543 | XXXX | XXXX | PITIA Reserves Months | 9 | 24.83 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117544 | XXXX | XXXX | PITIA Reserves Months | 6 | 2.12 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117545 | XXXX | XXXX | PITIA Reserves Months | 6 | 9.28 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117546 | XXXX | XXXX | PITIA Reserves Months | 9 | 88.6 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117547 | XXXX | XXXX | PITIA Reserves Months | 12 | 54.12 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117548 | XXXX | XXXX | PITIA Reserves Months | 6 | 3.22 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117549 | XXXX | XXXX | PITIA Reserves Months | 24 | 17.26 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117550 | XXXX | XXXX | PITIA Reserves Months | 6 | 10.76 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117551 | XXXX | XXXX | PITIA Reserves Months | 3 | 6.43 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117552 | XXXX | XXXX | PITIA Reserves Months | 9 | 21.34 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117553 | XXXX | XXXX | PITIA Reserves Months | 10 | 10.04 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117554 | XXXX | XXXX | PITIA Reserves Months | 9 | 121.04 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117555 | XXXX | XXXX | PITIA Reserves Months | 24 | 25.17 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117556 | XXXX | XXXX | PITIA Reserves Months | 18 | 11.32 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117557 | XXXX | XXXX | PITIA Reserves Months | 13 | 11.88 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117558 | XXXX | XXXX | PITIA Reserves Months | 6 | 10.82 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117559 | XXXX | XXXX | PITIA Reserves Months | 6 | 7.48 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117560 | XXXX | XXXX | PITIA Reserves Months | 6 | 25.26 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117561 | XXXX | XXXX | PITIA Reserves Months | 9 | 42.04 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117562 | XXXX | XXXX | PITIA Reserves Months | 9 | 9.77 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117563 | XXXX | XXXX | PITIA Reserves Months | 6 | 9.42 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117564 | XXXX | XXXX | PITIA Reserves Months | 9 | 676.6 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117565 | XXXX | XXXX | PITIA Reserves Months | 9 | 120.6 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117566 | XXXX | XXXX | PITIA Reserves Months | 30 | 58.01 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117567 | XXXX | XXXX | PITIA Reserves Months | 12 | 9.59 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117568 | XXXX | XXXX | PITIA Reserves Months | 12 | 77.44 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117569 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.45 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117570 | XXXX | XXXX | PITIA Reserves Months | 12 | 167.17 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117571 | XXXX | XXXX | PITIA Reserves Months | 6 | 73.28 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117572 | XXXX | XXXX | PITIA Reserves Months | 24 | 270.71 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117573 | XXXX | XXXX | PITIA Reserves Months | 6 | 30.22 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117574 | XXXX | XXXX | PITIA Reserves Months | 4 | 12.76 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117575 | XXXX | XXXX | PITIA Reserves Months | 12 | 89.52 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117576 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.04 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117577 | XXXX | XXXX | PITIA Reserves Months | 3 | 3.23 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117578 | XXXX | XXXX | PITIA Reserves Months | 4 | 8.39 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117579 | XXXX | XXXX | PITIA Reserves Months | 6 | 10.05 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117580 | XXXX | XXXX | PITIA Reserves Months | 9 | 31.56 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117581 | XXXX | XXXX | PITIA Reserves Months | 12 | 30.65 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117582 | XXXX | XXXX | PITIA Reserves Months | 12 | 108.92 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117583 | XXXX | XXXX | PITIA Reserves Months | 24 | 31.8 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117584 | XXXX | XXXX | PITIA Reserves Months | 15 | 8.01 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117585 | XXXX | XXXX | PITIA Reserves Months | 9 | 295.17 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117586 | XXXX | XXXX | PITIA Reserves Months | 8 | 142.6 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117280 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117283 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117286 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117289 | XXXX | XXXX | Prepayment Penalty Period (months) | 24 | 12 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117290 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117292 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117296 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117297 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117298 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117300 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117304 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117306 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117308 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117313 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117314 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117315 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117318 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117319 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117321 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117322 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117325 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117326 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117327 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117328 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117334 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117335 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | No Prepayment Penalty |
| XXXX | XXXX | XXXX | XXXX | 4350117337 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350117341 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117343 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117344 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117345 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117346 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117347 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117348 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117350 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117351 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117354 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117355 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117356 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117357 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117358 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117359 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117362 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117363 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117369 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117370 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117372 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117373 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117375 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117376 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117377 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117379 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117380 | XXXX | XXXX | Prepayment Penalty Period (months) | 36 | 12 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117381 | XXXX | XXXX | Prepayment Penalty Period (months) | 12 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117382 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117384 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117388 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117392 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117394 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117395 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117399 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117400 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117404 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117405 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117406 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117407 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117409 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117410 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117411 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117412 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117413 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117415 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117416 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117421 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117422 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117425 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350117426 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117428 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117431 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117434 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117435 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117437 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117439 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117440 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117441 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117442 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117443 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117444 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117449 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117450 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117455 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117456 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117457 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117458 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117459 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117460 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117461 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117463 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117465 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117466 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117467 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117471 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117472 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117474 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117475 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117476 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117481 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Prepayment Penalty Period not provided in file |
| XXXX | XXXX | XXXX | XXXX | 4350117483 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117484 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117486 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117488 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117489 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117490 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117491 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117493 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117495 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117502 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117503 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117506 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117507 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117512 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117513 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117514 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117517 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117520 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117523 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117526 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117527 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 | 12 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117528 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | No prepayment |
| XXXX | XXXX | XXXX | XXXX | 4350117536 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117537 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117538 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117540 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117541 | XXXX | XXXX | Prepayment Penalty Period (months) | 36 | 60 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117542 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117544 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117545 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117548 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117553 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117555 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117556 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117559 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117562 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117563 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117566 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117567 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117573 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117574 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117575 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117577 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117578 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117579 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117581 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117582 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117583 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117584 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117586 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350117275 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117276 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117278 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117279 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117280 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117282 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117283 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117285 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117286 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117287 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117288 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117289 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117292 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117294 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117295 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117297 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117298 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117299 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117301 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117302 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117303 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117304 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117306 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117307 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117310 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117312 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117314 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117315 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117316 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117317 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117318 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117320 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117321 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117322 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117323 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117324 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117325 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117327 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117328 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117330 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117331 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117332 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117333 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117334 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117335 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117336 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117338 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117339 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117341 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117342 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117344 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117345 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117347 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117353 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117355 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117356 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117357 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117358 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117359 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117361 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117364 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117365 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117366 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117368 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117369 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117371 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117372 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117373 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117374 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117375 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117376 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117377 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117378 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117380 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117381 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117382 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117384 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117385 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117389 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117392 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117393 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117394 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117396 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117397 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117400 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117401 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117405 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117408 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117409 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117411 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117412 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117414 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117416 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117417 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117418 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117419 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117420 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117421 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117422 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117423 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117424 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117427 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117428 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117429 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117430 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117431 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117432 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117433 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117434 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117435 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117436 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117437 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117439 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117441 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117442 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117443 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117444 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117445 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117449 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117450 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117451 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117452 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117453 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117455 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117460 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117461 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117462 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117463 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117464 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117465 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117467 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117469 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117470 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117471 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117473 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117474 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117475 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117476 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117477 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117478 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117480 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117481 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117482 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117483 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117484 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117488 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117490 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117492 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117495 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117496 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117497 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117499 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117500 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117501 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117502 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117503 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117505 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117506 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117509 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117510 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117511 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117512 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117513 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117514 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117517 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117518 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117519 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117522 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117523 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117524 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117526 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117527 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117528 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117529 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117531 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117532 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117533 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117534 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117535 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117536 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117537 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117538 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117540 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117541 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117542 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117544 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117545 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117546 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117547 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117550 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117551 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Alternate format, not a true discrepancy |
| XXXX | XXXX | XXXX | XXXX | 4350117553 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117554 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117556 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117558 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117560 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117561 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117562 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117573 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117575 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117576 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117577 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117579 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117580 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117582 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117586 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117275 | XXXX | XXXX | Property Type | Multi (Blanket) | Multifamily | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117278 | XXXX | XXXX | Property Type | Multi (Blanket) | Multifamily | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117279 | XXXX | XXXX | Property Type | Multi (Blanket) | Multifamily | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117281 | XXXX | XXXX | Property Type | Multi (Blanket) | Multifamily | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117287 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117305 | XXXX | XXXX | Property Type | Condo | Condotel | Verified | Field Value reflects the Approval/AUS in file. |
| XXXX | XXXX | XXXX | XXXX | 4350117324 | XXXX | XXXX | Property Type | Single Family Detached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117341 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117368 | XXXX | XXXX | Property Type | Single Family Detached | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117387 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117393 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117397 | XXXX | XXXX | Property Type | Single Family Detached | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117399 | XXXX | XXXX | Property Type | Single Family Detached | Condo (Mid Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117413 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117425 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117445 | XXXX | XXXX | Property Type | Single Family Detached | 2 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117448 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117458 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117472 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117476 | XXXX | XXXX | Property Type | Single Family Detached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117482 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117493 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117495 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117507 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117508 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117515 | XXXX | XXXX | Property Type | Single Family Detached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117528 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value reflects the Approval/AUS in file. |
| XXXX | XXXX | XXXX | XXXX | 4350117536 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117542 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117545 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117556 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117580 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117584 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117600 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117591 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117606 | XXXX | XXXX | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350117548 | XXXX | XXXX | Purpose | Purchase | Refinance | Verified | Field Value reflects the Purpose per the Final HUD-1/Final CD |
| XXXX | XXXX | XXXX | XXXX | 4350117288 | XXXX | XXXX | Refi Purpose | Cash-out | Limited Cash-out GSE | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > $2,000 or 2% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | XXXX | 4350117307 | XXXX | XXXX | Refi Purpose | Cash-out | Rate/Term | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > $2,000 or 2% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | XXXX | 4350117310 | XXXX | XXXX | Refi Purpose | Cash-out | Rate/Term | Verified | Field Value reflects borrower not receiving cash out and/or paying off debts > $2,000 or 2% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | XXXX | 4350117325 | XXXX | XXXX | Refi Purpose | Cash-out | Rate/Term | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > $2,000 or 2% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | XXXX | 4350117395 | XXXX | XXXX | Refi Purpose | Cash-out | Rate/Term | Verified | Field Value reflects borrower not receiving cash out and/or paying off debts > $2,000 or 2% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | XXXX | 4350117279 | XXXX | XXXX | Representative FICO | 749 | 758 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117282 | XXXX | XXXX | Representative FICO | 736 | 739 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117283 | XXXX | XXXX | Representative FICO | 759 | 758 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117286 | XXXX | XXXX | Representative FICO | 673 | 665 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117290 | XXXX | XXXX | Representative FICO | 726 | 712 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117297 | XXXX | XXXX | Representative FICO | 768 | 770 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117298 | XXXX | XXXX | Representative FICO | 761 | 753 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117299 | XXXX | XXXX | Representative FICO | 0 | 761 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117304 | XXXX | XXXX | Representative FICO | 783 | 788 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117323 | XXXX | XXXX | Representative FICO | 712 | 700 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117326 | XXXX | XXXX | Representative FICO | 723 | 730 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117346 | XXXX | XXXX | Representative FICO | 719 | 797 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117361 | XXXX | XXXX | Representative FICO | 700 | 678 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117363 | XXXX | XXXX | Representative FICO | 786 | 809 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117405 | XXXX | XXXX | Representative FICO | 716 | 733 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117420 | XXXX | XXXX | Representative FICO | 740 | 747 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117430 | XXXX | XXXX | Representative FICO | 660 | 671 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117447 | XXXX | XXXX | Representative FICO | 0 |  | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117448 | XXXX | XXXX | Representative FICO | 759 | 741 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117450 | XXXX | XXXX | Representative FICO | 790 | 778 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117458 | XXXX | XXXX | Representative FICO | 718 | 738 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117469 | XXXX | XXXX | Representative FICO | 737 | 744 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117473 | XXXX | XXXX | Representative FICO | 720 | 729 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117476 | XXXX | XXXX | Representative FICO | 736 | 728 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117484 | XXXX | XXXX | Representative FICO | 741 | 744 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117507 | XXXX | XXXX | Representative FICO | 740 | 709 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117523 | XXXX | XXXX | Representative FICO | 0 |  | Verified | Borrower is Foreign National |
| XXXX | XXXX | XXXX | XXXX | 4350117527 | XXXX | XXXX | Representative FICO | 814 | 820 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117544 | XXXX | XXXX | Representative FICO | 781 | 782 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117562 | XXXX | XXXX | Representative FICO | 726 | 775 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350117307 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117329 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117339 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117343 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117344 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117373 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117411 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117412 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117454 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117462 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117469 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117473 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117474 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117475 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117512 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117525 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Bid Tape has misspelling. |
| XXXX | XXXX | XXXX | XXXX | 4350117528 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117551 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117563 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117595 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117275 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117277 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117280 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117281 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117282 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117283 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117284 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117285 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117286 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117287 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117288 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117289 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117290 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117296 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117298 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117301 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117302 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117303 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117306 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117307 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117308 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117309 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117310 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117312 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117314 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117315 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117316 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117317 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117318 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117319 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117320 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117322 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117324 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117325 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117327 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117330 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117331 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117332 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117333 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117335 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117336 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117337 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117338 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117339 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117340 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117344 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117349 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117352 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117354 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117357 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117359 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117360 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117362 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117365 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117367 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117368 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117370 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117371 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117375 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117376 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117377 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117378 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117382 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117384 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117385 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117387 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117388 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117389 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117390 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117392 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117395 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117399 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117401 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117402 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117405 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117406 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117407 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117408 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117409 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117410 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117413 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117415 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117421 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117424 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117425 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117428 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117429 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117430 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117431 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117433 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117434 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117435 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117441 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117442 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117443 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117445 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117446 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117448 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117450 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117451 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117453 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117454 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117455 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117460 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117462 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117463 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117465 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117466 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117467 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117469 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117471 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117474 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117477 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | After deducting borrower paid POC amount |
| XXXX | XXXX | XXXX | XXXX | 4350117480 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117483 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117485 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117492 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117291 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117494 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117496 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117497 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117500 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117501 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117504 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117506 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117507 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117508 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117511 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117518 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117519 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117526 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117528 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117529 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117531 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117539 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117542 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117546 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117547 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117548 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117550 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117551 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117552 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117556 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117558 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117561 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117564 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117565 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117568 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117569 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117570 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117575 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117576 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117579 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350117294 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117345 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117392 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117489 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350117542 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |

---

## Exhibit 99.6

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.6**

**EXECUTIVE SUMMARY**

**COLT 2025-11**

**By Clarifii LLC on October 28, 2025**

COLT 2025-11 Due Diligence Narrative Report – PagE \| 1

**CLARIFII CONTACT INFORMATION** 

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Christine Aug** | &nbsp;&nbsp;**Jason Luttenberger** |
| &nbsp;&nbsp;Vice President of Due Diligence | &nbsp;&nbsp; President and Chief Operating Officer |
| &nbsp;&nbsp;Phone: 813.735.4487 | &nbsp;&nbsp; Phone: 917.742.7797 |
| &nbsp;&nbsp; E-mail: Christine.Aug@Clarifii.com | &nbsp;&nbsp; E-mail: Jason.Luttenberger@Clarifii.com |

---

**OVERVIEW**

Clarifii LLC ("Clarifii") conducted an independent third-party pre-securitization due diligence review (the "Review") of 9 loans (the "Loans") and these loans were subsequently acquired by Lone Star Residential Acquisitions, LLC (the "Client") for the COLT 2025-11 transaction. The loans referenced in this narrative report were reviewed 05/2025 through 10/2025 by Clarifii. This narrative report provides information 5about the scope of work performed by Clarifii, and the results of Clarifii's review.

**ORIGINATORS**

Origination channels for the loans in this review:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Origination Channel** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Retail | &nbsp;&nbsp;3 | &nbsp;&nbsp;33.33% | &nbsp;&nbsp;$2629000.00 |
| &nbsp;&nbsp;Correspondent Flow with Delegated UW | &nbsp;&nbsp;1 | &nbsp;&nbsp;11.11% | &nbsp;&nbsp;$500000.00 |
| &nbsp;&nbsp;Wholesale | &nbsp;&nbsp;5 | &nbsp;&nbsp;55.56% | &nbsp;&nbsp;$1364300.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**9** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$4493300.00** |

---

The Review consisted of a population of 9 loans, with an aggregate principal balance of $4,493,300.00.

**CLARIFII'S THIRD PARTY REVIEW (TPR) SCOPE OF WORK**

The scope of work for this transaction consisted of credit, property valuation, and regulatory compliance reviews, plus a data integrity check, and were performed in accordance with rating agency loan level review standards in place as of the date of the review.

The Review was conducted consistent with the criteria for the specific Nationally Recognized Statistical Rating Organizations (NRSROs).

**LOAN SAMPLING**

The Client defined the sample size and requested Clarifii to perform a random sample of the Loans to be included in the Review. To Clarifii's knowledge, the Review covered 100% of the transaction loan population.

COLT 2025-11 Due Diligence Narrative Report – PagE \| 2

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Identity of NRSRO** | &nbsp;&nbsp;**Title and Date of Criteria** |
| &nbsp;&nbsp;Fitch Ratings, Inc. | &nbsp;&nbsp;U.S. RMBS Rating Criteria, October 26, 2023 |

---

**DATA INTEGRITY**

Clarifii performed a data comparison review of the data fields provided by the Client on the loan tape to the data found in the Loan file as captured by Clarifii. This comparison, when specific data was available, included the following data fields and tolerance levels noted below.

---

| |
|:---|
| &nbsp;&nbsp;**Data Comparison Fields** |
| &nbsp;&nbsp;Amortization Term |
| &nbsp;&nbsp;Amount of Other Lien |
| &nbsp;&nbsp;Application Date |
| &nbsp;&nbsp;Balloon Flag |
| &nbsp;&nbsp;Borrower 1 Any Outstanding Judgments? |
| &nbsp;&nbsp;Borrower 1 Any part of down payment borrowed? |
| &nbsp;&nbsp;Borrower 1 Bankruptcy in past 7 years? |
| &nbsp;&nbsp;Borrower 1 Birthdate |
| &nbsp;&nbsp;Borrower 1 Citizen |
| &nbsp;&nbsp;Borrower 1 Country Name |
| &nbsp;&nbsp;Borrower 1 Do you intend to occupy property as primary residence? |
| &nbsp;&nbsp;Borrower 1 Email or Internet |
| &nbsp;&nbsp;Borrower 1 Employer 1 Position |
| &nbsp;&nbsp;Borrower 1 Employer 1 Years in Line of Work |
| &nbsp;&nbsp;Borrower 1 Ethnicity - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 1 Ethnicity - Not Hispanic or Latino |
| &nbsp;&nbsp;Borrower 1 Ethnicity Visual Observation or Surname |
| &nbsp;&nbsp;Borrower 1 First Name |
| &nbsp;&nbsp;Borrower 1 Foreclosure in past 7 years? |
| &nbsp;&nbsp;Borrower 1 Has there been ownership in a property in last 3 yrs |
| &nbsp;&nbsp;Borrower 1 How was title held? |
| &nbsp;&nbsp;Borrower 1 Last Name |
| &nbsp;&nbsp;Borrower 1 Marital Status |
| &nbsp;&nbsp;Borrower 1 Middle Name |
| &nbsp;&nbsp;Borrower 1 Name of Employer1 |
| &nbsp;&nbsp;Borrower 1 Other Income |
| &nbsp;&nbsp;Borrower 1 Race - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 1 Race - White |
| &nbsp;&nbsp;Borrower 1 Rent or Own |
| &nbsp;&nbsp;Borrower 1 Self-Employment Flag |
| &nbsp;&nbsp;Borrower 1 Sex - Female |

---

COLT 2025-11 Due Diligence Narrative Report – PagE \| 3

---

| |
|:---|
| &nbsp;&nbsp;Borrower 1 Sex - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 1 Sex - Male |
| &nbsp;&nbsp;Borrower 1 SSN |
| &nbsp;&nbsp;Borrower 1 Telephone Interview |
| &nbsp;&nbsp;Borrower 1 Years in Current Home |
| &nbsp;&nbsp;Borrower 2 Birthdate |
| &nbsp;&nbsp;Borrower 2 Citizen |
| &nbsp;&nbsp;Borrower 2 Do you intend to occupy property as primary residence? |
| &nbsp;&nbsp;Borrower 2 Email or Internet |
| &nbsp;&nbsp;Borrower 2 Employer 1 Position |
| &nbsp;&nbsp;Borrower 2 Employer 1 Years in Line of Work |
| &nbsp;&nbsp;Borrower 2 Ethnicity - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 2 Ethnicity - Not Hispanic or Latino |
| &nbsp;&nbsp;Borrower 2 Ethnicity Visual Observation or Surname |
| &nbsp;&nbsp;Borrower 2 First Name |
| &nbsp;&nbsp;Borrower 2 Last Name |
| &nbsp;&nbsp;Borrower 2 Marital Status |
| &nbsp;&nbsp;Borrower 2 Name of Employer1 |
| &nbsp;&nbsp;Borrower 2 Race - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 2 Race - White |
| &nbsp;&nbsp;Borrower 2 Rent or Own |
| &nbsp;&nbsp;Borrower 2 Self-Employment Flag |
| &nbsp;&nbsp;Borrower 2 Sex - Female |
| &nbsp;&nbsp;Borrower 2 Sex - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 2 SSN |
| &nbsp;&nbsp;Borrower 2 Years in Current Home |
| &nbsp;&nbsp;Calculated DSCR |
| &nbsp;&nbsp;FHA Streamline/VA IRRL Indicator |
| &nbsp;&nbsp;Interest Only Flag |
| &nbsp;&nbsp;Interest Rate |
| &nbsp;&nbsp;Investor Loan ID |
| &nbsp;&nbsp;Lien Position |
| &nbsp;&nbsp;Loan Amount |
| &nbsp;&nbsp;Loan ID |
| &nbsp;&nbsp;Loan Origination Company |
| &nbsp;&nbsp;Loan Origination Company NMLS |
| &nbsp;&nbsp;Loan Purpose |
| &nbsp;&nbsp;Loan Type |
| &nbsp;&nbsp;Negative Amortization Flag |
| &nbsp;&nbsp;Note Type |
| &nbsp;&nbsp;Number of Borrowers |
| &nbsp;&nbsp;Number of Mortgaged Properties |
| &nbsp;&nbsp;Number of Units |

---

COLT 2025-11 Due Diligence Narrative Report – PagE \| 4

---

| |
|:---|
| &nbsp;&nbsp;Occupancy |
| &nbsp;&nbsp;Prepayment Penalty Flag |
| &nbsp;&nbsp;Prepayment Penalty Total Term |
| &nbsp;&nbsp;Primary Appraised Property Value |
| &nbsp;&nbsp;Property Address |
| &nbsp;&nbsp;Property City |
| &nbsp;&nbsp;Property County |
| &nbsp;&nbsp;Property Rights |
| &nbsp;&nbsp;Property State |
| &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;Property Value |
| &nbsp;&nbsp;Property Zip Code |
| &nbsp;&nbsp;Qualifying CLTV |
| &nbsp;&nbsp;Qualifying LTV |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio |
| &nbsp;&nbsp;Refinance Type |
| &nbsp;&nbsp;Sales Price |
| &nbsp;&nbsp;Term |
| &nbsp;&nbsp;ULI |

---

**CREDIT UNDERWRITING**

Clarifii reviewed each Loan file to determine the adherence to defined underwriting or credit extension guidelines, standards, criteria, or other requirements provided by Client, including, as applicable, Ability to Repay and Qualified Mortgage requirements. The Credit Qualification review consisted of the following:

● **Loan Attributes** 

To determine borrower program eligibility, Clarifii verified the following loan attributes and, where applicable, recalculated based on the information provided:

– Assets and Reserves

– Gross Income

– Lien Position

– Loan Purpose

– Housing History

– Loan to Value Ratio (LTV) and Combined Loan to Value Ratio (CLTV)

– Monthly Debt

– Occupancy

– Property Type

– Qualifying principal, interest, tax, insurance, and association dues (PITIA)

– Debt to Income Ratio (DTI)

– Residual Income

– Debt Service Coverage Ratio (DSCR)

COLT 2025-11 Due Diligence Narrative Report – PagE \| 5

● **Credit Application** 

Clarifii verified the following items per the Uniform Residential Loan Application Form 1003 (1003):

– All known borrower-owned properties are disclosed on the Real Estate Owned (REO) Section 2

– Borrower(s) employment history

– Citizenship and eligibility

– First time home buyer status

– The application was signed by all borrowers

– The application was substantially complete

● **Credit History** 

Clarifii verified the following items:

– A credit report or alternative credit history as applicable to loan type is present for each borrower

– Bankruptcy and foreclosure seasoning

– Captured the monthly consumer debt payments for use in the applicable DTI calculation

– Installment and revolving payment history

– Mortgage/Rental payment history

– Verified and reviewed Real Estate Owned, Office of Foreign Assets Control (OFAC) search, and Fraud Alerts

– Number of tradelines

– Credit Score(s) and Qualifying Score Methodology

● **Employment and Income** 

When applicable, Clarifii determined whether all supporting documentation as required by the guidelines and Ability to Repay/Qualified Mortgage Rule (ATR/QM) were complete and accurate. The documentation was used to verify whether the income used to qualify the loan was calculated in accordance with the guidelines. Documentation verified employment and income were deemed acceptable if it was a third-party document as required by the guidelines and ATR when applicable and may include:

– Tax returns

– Financial statements

Paystubs

– IRS Form W-2s

– IRS Form 1099

– IRS documents

– Bank statements

– Lease agreements

– Award letters

– Other documentation in loan file

● **Fraud Review** 

For all Loans, Clarifii utilized the results from an independent, third-party fraud tool as well as information in the loan file to identify and address any potential misrepresentations including:

COLT 2025-11 Due Diligence Narrative Report – PagE \| 6

– Borrower identity

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Social
 Security inconsistencies

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Borrower
 name variations

– Occupancy

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Borrower
 address history

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Subject
 property ownership history

– Employment

– Licensing verification with the Nationwide Multistate Licensing System & Registry (NMLS):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Mortgage
 lender/originator

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Loan
 officer

OFAC

● **Asset Review** 

Clarifii assessed whether the asset documentation required by the guidelines and ATR, when applicable, was present in the Loan file and within required timeframe. Documentation used to verify assets for down payment, closing costs, prepaid items and reserves may have included:

– Verification of deposits (VOD)

– Depository account statements

– Stock or security account statements

– Gift funds

– Settlements statements

– Other evidence of conveyance and transfer of funds if a sale of assets was involved

– Other documentation in loan file

– Asset documents were reviewed to determine any large deposits and appropriate sourcing of funds

● **Property** **Insurance and Taxes** 

Clarifii confirmed the presence of the insurance and tax information for the following:

– Confirmed that the flood certification is for the correct borrower, property, lender, and loan number and is a "Life of Loan" certification

– Confirmed that the mortgagee clause lists the lender's name and "its successors and assigns"

Confirmed that the premium amount on both the hazard and flood insurance match figures from the DTI calculations

For condominium properties, confirmed that the blanket policy meets the minimum amount of coverage in the guidelines

For properties in a flood zone, per the flood certification, confirmed that flood insurance meets guideline requirements in the file and met the minimum required amount of coverage in the guidelines

– Reviewed Tax Certificate to verify and compare monthly escrows used to calculate DTI matches and taxes are current

Verified that the hazard insurance meets the minimum required amount of coverage in the guidelines

● **Debt Service Coverage Ratio (DSCR)** 

– Calculated DSCR, as required by guidelines

– Confirmed documentation requirements have been met

Summed principal and interest or interest payment, along with taxes, insurance and HOA payments to arrive at monthly property expense. This summed amount is used as the denominator to the monthly lease or estimated lease income, as required by guidelines

COLT 2025-11 Due Diligence Narrative Report – PagE \| 7

**DOCUMENT REVIEW**

Clarifii reviewed each Loan file and verified if the following documents were included in the file and if the data on these documents was consistent (where applicable):

● **Initial and Final 1003 Application** 

● **Note** 

● **Mortgage/Deed of Trust** 

● **Appraisal** 

● **Sales Contract** 

● **Title Commitment/Policy** 

● **Junior Lien/Subordination Agreement** 

● **Mortgage Insurance** 

● **Underwriting Approval Documentation inclusive, but not limited to documents listed in the Credit Review section** 

● **Flood Certification** 

● **Initial and Final Loan Estimate (LE)** 

● **Initial and Final and Closing Disclosure (CD)** 

● **Post-Consummation Closing Disclosure (PCCD), as applicable** 

**COMPLIANCE REVIEW**

Clarifii reviewed each Loan file, when applicable, and verified that it was consummated in compliance with the applicable federal, state, and local anti-predatory lending statutes in effect at the time of origination of the mortgage loan. Compliance verification and validation that each mortgage loan met the relevant provisions of:

**Anti-** **Predatory Lending Requirements**, that are imposed by federal, state and/or local statutory, regulatory, or authoritative determinations (e.g., state constitutional provisions, ordinances, interpretations, judicial determinations, etc.) that impose civil or criminal liability upon the Assignee or may cause significant loss severity to the value of the Loan, including the Home Ownership and Equity Protection Act (HOEPA) and any state and local high-cost home loan laws. Assignee shall have the meaning as defined in the Truth in Lending Act (TILA).

**Truth in Lending Act (TILA)**, as amended by HOEPA, 15 U.S.C. §1601 et seq., as implemented by Regulation Z, 12 C.F.R. Part 1026

**Real Estate Settlement Procedures Act (RESPA)**, 12 U.S.C. §2603, as implemented by Regulation X, 12 C.F.R. Part 1024

**Equal Credit Opportunity Act (ECOA)**, 15 U.S.C. §1691, as implemented by Regulation B, 12 C.F.R. §1001.1(b)

● **Compliance Documentation Requirements** 

Clarifii reviewed the following documents as they related to regulatory compliance:

– Initial and final application (1003)

– Note, including all addendums

– Copy of note for any junior liens (if applicable)

COLT 2025-11 Due Diligence Narrative Report – PagE \| 8

– Mortgage / Deed of Trust, including all riders

– Initial, Interim, and Final Loan Estimates (LE)

Initial CD (i.e., the CD required to be received by the borrower(s) at least 3 business days prior to consummation) and re-disclosed CDs (as applicable and permitted by TILA/Regulation Z)

– Notice of Right to Cancel (when applicable)

– Rate Lock Date

– HOEPA Disclosures (when applicable)

– Initial Escrow Account Disclosure

● **Anti-Predatory Lending (Assignee Liability)** 

Loans were reviewed for violations of federal, state & local high cost, higher-priced and/or consumer finance laws and regulations that carry Assignee Liability, including those defined below. Any loan that is determined to be classified and/or defined as high cost, higher-priced, subprime, threshold, predatory high risk, covered or similar classification/definition was reported.

● **Compliance Testing of Truth-in-Lending Act (TILA)/Regulation Z Elements** 

Clarifii reverified and retested, when applicable, the following TILA and Regulation Z elements:

**TILA/RESPA Integrated Disclosure Testing (TRID)**

Reviewed and compared LEs and CDs with a report outlining any TILA violations, including a recalculation of disclosed finance charges, principal and interest calculations, proper completion of the Projected Payments table, total of payments, finance charges, amount financed, recalculation of disclosed APR and a review to determine if disclosure differences were within the allowed tolerances and disclosures were provided within the required timeframes. Testing was conducted to fulfill the elements Structured Finance Association (SFA) TRID Compliance Review Scope ("TRID Grid 3.0" v.12/05/2019).

**Right of Rescission** 

Reviewed the TILA Right of Rescission, Notice of Right to Cancel, including a verification of the transaction date and expiration date, ensured proper execution of the Notice of Right to Cancel by all required parties, verified the disbursement date and determined if a full three (3) day rescission period was provided to the borrower(s). The appropriate Model Form was tested according to applicable U.S. Court of Appeals, Circuit Court rulings.

**Qualified Mortgage and Ability to Repay**

Reviewed to ensure the mortgage loan meets the applicable Qualified Mortgage ("QM") and Ability-to-Repay ("ATR") requirements as set forth in regulations promulgated by the Consumer Financial Protection Bureau as found at 12 CFR § 1026.43.

**Real Estate Settlement Procedures Act (RESPA)/Regulation X**

Reviewed to ensure compliance with RESPA/Regulation X documentation and timing requirements in effect at origination of the mortgage loan for RESPA disclosures (Servicing Disclosure Statement; Affiliated Business Arrangement Disclosure; Initial Escrow Disclosure Statement; List of Homeownership Counselling Organizations).

**Equal Credit Opportunity Act (ECOA)/Regulation B**

Confirmed compliance with the January 18, 2014, requirements regarding the disclosure of the right to receive a copy of appraisals within three (3) business days of application, the right to receive a copy of the appraisals at least three (3) business days prior to

COLT 2025-11 Due Diligence Narrative Report – PagE \| 9

consummation and any applicable waiver. The disclosure of the right to receive a copy of appraisals was met by the disclosure on the Loan Estimate pursuant to 12 CFR § 1026.27(m)(1).

**Fair Credit Reporting Act (FRCA)/Regulation V**

Confirmed compliance with the current FCRA/Regulation V requirements regarding risk-based pricing notice, credit score disclosure and Notice to Home Loan Applicant, as applicable.

**Miscellaneous Compliance Testing**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪  ***Mandatory Arbitration*** – Clarifii reported mandatory arbitration provisions present
 in the loan file.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪  ***Single Premium Credit Insurance*** – Clarifii reported single premium credit insurance
 policies or debt cancellation agreements present in the loan file.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪  ***State prepayment and late charge restrictions*** – Clarifii reported instances where
 a prepayment penalty that exceeds the state permitted penalty has expired.

● **State and Local Anti-Predatory Requirements** 

The following is an itemization of the current and historical state and local anti-predatory lending requirements, considered customary in secondary market due diligence compliance testing and reviewed by Clarifii:

– Arkansas Home Loan Protection Act, Ark. Stat. Ann. § 23-53-101 et seq.

– California Anti-Predatory Lending ("Covered Loan", Cal. Fin. Code § 4970 et seq.

– California Higher-Priced Mortgage Loan ("CA HPML"), Cal. Fin. Code §4995 et seq.

– Colorado Consumer Equity Protection Act, Colo. Rev. Stat. § 5-3.5-101 et seq.

– Connecticut Abusive Home Loan Lending Practices Act, Conn. Stat. Ann. §36a-746 et seq. and the Responsible Lending and Economic Security Act, Conn. House Bill 5577 (2008).

– Connecticut Nonprime Home Loans, Conn. Gen. Stat. §§ 36a-760 et seq. (2008-2009) and (2009-Current)

District of Columbia Home Loan Protection Act of 2002, D.C. Official Code § 26-1151.01 et seq., as implemented by 20 D.C. Municipal Reg. § 2000.1 et seq. as well as DC Mortgage Disclosure Act of 2007.

– Florida Fair Lending Act, Fla. Stat. Ann. § 494.0078 et seq. (2002 – 2014).

– Georgia Fair Lending Act, Ga. Stat. Ann. § 7-6A-1 et seq. (as originally enacted by House Bill 02-1361 and as modified by Senate Bill 03-53).

– Idaho Residential Mortgage Practices Act, Idaho Code § 26-3101 et seq. (2003).

– Illinois High Risk Home Loan Regulations, 38 Ill. Admin. Code § 345.10 et seq. (Repealed)

– Illinois High Risk Home Loan Act, Public Act. 93-0561 (2003), Ill. Comp. Stat. tit. 815 §§ 137/1 et seq. (2004).

– Illinois Predatory Lending Database Program, Public Act 95-0691 (SB 1167).

– City of Chicago, Illinois, Anti-Predatory Lending Ordinance, Chicago Municipal Code, §§ 2-32-440; 2-32-455; 2-92-325; 4-4-155; 8-4-325.

– Cook County, Illinois, Anti-Predatory Lending Ordinance, Ordinance No. 240864 (2001) as amended by Illinois SB 1167 (2007).

– Indiana Home Loan Practices Act, as amended by HB 1179 (2005) Ind. Code § 24-9-1 et seq.

– Kansas Consumer Credit Code, Section 16a-3-308a, Kan. Stat. Ann. § 16a-1-101 et seq. 16.

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– Kentucky Anti-Predatory Lending Statute, as amended by Kentucky House Bill 552 (2008), Ky. Rev. Stat. § 360.100 et seq.

Maine, An Act to Enhance Consumer Protections in Relation to Certain Mortgages, 9A Me. Rev. Stat. Ann. §§ 8-103(1); 8-206(8); 8-206A and Maine Legislative Document 1869 (2007), 2125 (2008) and 1439 (2009), and regulation Z-3.

Maryland Commercial Law, Mary. Stat. Ann. §§ 12-124.1; 12-127; 12-409.1; 12-1029 and as amended by Maryland Senate Bill 270 (2008) and Maryland Regulations under the Maryland Mortgage Lender Law (2009).

Maryland Regulations for Higher Priced Mortgage Loans, as promulgated under the Maryland Mortgage Lender Law, Md. Code Ann., Fin. Instit. Code §§ 11-501 et seq.; Md. Code Regs. §§ 09.03.06.01 et seq.

– Massachusetts High-Cost Mortgage Regulations, 209 CMR § 32.32 et seq. including MA House Bill 4387 (2008) 20. Massachusetts Predatory Home Loan Practices Act, M.G.L. Chapter 183I.

– Massachusetts "Borrower's Interest" Standard, M.G.L. Chapter 183, §28C.

– Massachusetts Mortgage Lender and Broker Regulations, 940 CMR § 8.00 (15-17).

– Massachusetts Regulations for Higher Priced Mortgage Loans, 209 Mass. Code Regs. §§ 32.00 et seq.

– Massachusetts Subprime ARMs to First Time Homebuyers, M.G.L. Chapter 184, §17B.5.

– Michigan Consumer Mortgage Protection Act, Mich. Stat. Ann. § 445-1631 et seq.

– Minnesota Mortgage Originator and Service Licensing Act, § 58.137 et al. (S.F. 2988 (2002) and as amended by House File 1004 and SF 98 (2007) and SF 3154 and 3214 (2008).

– Nebraska Mortgage Bankers Registration and Licensing Act, Neb. Stat.§ 45-702 et seq.

– Nevada Anti-Predatory Lending Law, AB No. 284 (2003), as amended by AB 4 (2007), Nev. Rev. Stat. § 598D.010 et seq.

– New Jersey Home Ownership Security Act of 2002, NJ Stat. Ann. § C:46:10B-22 et seq.

– New Mexico Home Loan Protection Act, SB 449 (2003) and as amended by SB 342 (2009), N.M. Stat. Ann. § 58-21A-1 et seq.

– New York High-Cost Home Loan Regulations (1A – Original Part 41), 3 NYCCR Part 41 (2001).

– New York High-Cost Home Loan Act (1B - § 6-l), N.Y. Bank. L. Ch. 626., as implemented by 3 NYCCR Part 41 (2003) and as amended by Senate Bill 8143-A (2008).

– New York Subprime Home Loans, NY Bank. Law § 6-m.

North Carolina Anti-Predatory Lending Law, N.C. Gen. Stat. §§ 24-1.1A to 24-10.2 and North Carolina Amendments to Anti-Predatory Lending Law, N.C. Gen. Stat. §§ 24-9; 24-1.1I(a); 24-10.2(a) as amended.

– Ohio Anti-Predatory Lending Statute, HB 386, as amended by S.B. 185 (2006), Ohio Rev. Code Ann. § 1.63.

– Ohio Consumer Sales Practices Act, Ohio Rev. Code Ann. § 1345.01, as implemented by Ohio Admin. Rules § 109 4-3-01 et seq.

– City of Cleveland Heights, Ohio, Anti-Predatory Lending Ordinance, Ordinance No. 72-2003.

– Summit County, Ohio, Anti-Predatory Lending Ordinance, Ordinance No. 2004-618, Muni. Code §§ 201.01 et seq.

– Oklahoma Anti-Predatory Lending Law, House Bill No. 1574 (2003).

– Oklahoma Higher-Priced Mortgage Loans Law, Okla. Admin. Code §§ 160:45-9-1 et seq.

– Pennsylvania Consumer Equity Protection Act, 63 Pa. Cons. Stat. Ann. § 456.501 et seq.

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– City of Providence, Rhode Island Predatory Lending Ordinance, Ordinance No. 245, Chapter 2006-33 as amended.

Rhode Island Home Loan Protection Act, Chapter 25.2 of Title 34 of RI Gen. L. et seq., as implemented by Emergency Banking Regulation 3 (2006) and Final Banking Regulation 3 (2007) and amended by Senate Bill 371 (2007).

– South Carolina High-Cost and Consumer Home Loans Act, S.C. Code § 37-23-10 et seq.

– South Carolina Consumer Protection Code, S.C. Code 37-1-101 et seq.

– Tennessee Home Loan Protection Act of 2006, TN Code Annotated, Title 47 et seq.

– Texas High-Cost Home Loan Statute, TX. Fin. Code Ann. § 343.201 et seq.

– The disclosure requirements and prohibitions of Section 50(a)(6) and 50(f)(2) of Article XVI of the Texas Constitution

– Utah Residential Mortgage Practices Amendments, Utah Code Ann. § 61- 2c-102 et seq.

– Utah High Cost Home Loan Act, Utah Code § 61-2d-101 et seq.

– Vermont Interest Act, 9 V.S.A. § 104, implemented by Regulation B-98-2.

– Virginia Mortgage Lender and Broker Act (for loans originated prior to July 1, 2003), Va. Code Ann. §§ 6.1-413; 6.1-422, 6.1-428.

– Virginia Mortgage Lender and Broker Act (for loans originated after July 1, 2003), Va. Code Ann. §§ 6.1-411; 6.1-422.1, 6.1-425.1; 6.1-425.2.

– Washington House Bill 2770, Mortgage Lending and Homeownership, Chapter 108, Laws of 2008.

– West Virginia Residential Mortgage Lender, Broker and Servicer Act, W.Va. Code § 31-17-1 et seq.

– Wisconsin Responsible High Cost Mortgage Lending Act, Wis. Stat. § 428.202.

– Wyoming Credit Code, Wyo. Stat. Ann. §§ 40-14-101 et seq.

● **Business Purpose Loan Compliance Review** 

– Non-Owner Occupied Declaration Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Verify
 reflects correct address

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Verify
 application address is different from subject property

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Verify
 executed by all borrowers

– Review Note accuracy and properly executed

– Review Mortgage and applicable riders for accuracy and properly executed

– Occupancy Letter (must state that borrower(s) will not reside in the property

– HMDA section (Information for Government Monitoring Purposes) of the application (initial and/or final)

– If property is in a flood zone, Flood Notice must be provided prior to closing

– Right to Receive Copy of Appraisal or Appraisal Waiver Disclosure

– Letter of Explanation detailing the use of proceeds.

– Borrower's statement of purpose for the loan.

– State License requirements when applicable

– State Predatory lending and high cost when applicable

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**QUALIFIED MORTGAGE (QM)**

With respect to QM (Safe Harbor and Rebuttable Presumption) designated loans, Clarifii reviewed the loan to determine whether, based on available information in the loan file, (i) the loan contained risky loan features and terms (e.g. an interest only feature or negative amortization), (ii) the "points and fees" exceeded the applicable QM threshold, (iii) the monthly payment was calculated appropriately, (iv) the creditor considered and verified income or assets at or before consummation, (v) the creditor appropriately considered debt obligations, alimony and child support, and (vi) at the time of consummation, if the debt-to-income ratio exceeded 43% (calculated in accordance with Appendix Q to Regulation Z). This portion of the Review included a recalculation of all income and liabilities with attention to the appropriate documentation of each source.

If a loan was designated as QM and identified as eligible for guarantee, purchase, or insurance by an applicable Agency, as permitted under the QM final rule, Clarifii reviewed the loan to determine whether, based on available information in the loan file the loan satisfied (i), (ii) and (iii) in the preceding paragraph and reviewed the Automated Underwriting System output within the file to confirm agency eligibility.

For each QM designated loan that satisfied the applicable requirements enumerated above, Clarifii then determined whether the loan was a Safe Harbor QM or Rebuttable Presumption QM by comparing the loan's actual annual percentage rate, as recalculated, to the applicable average prime offer rate plus a certain applicable percentage.

**ABILITY TO REPAY (ATR)**

Clarifii reviewed the loan to determine whether, based on available information in the loan file, the creditor considered, as applicable, the following eight underwriting factors, and verified such information using reasonably reliable third-party records, at or before consummation: (i) the consumer's current or reasonably expected income or assets, (ii) if the creditor relied on income from the consumer's employment in determining repayment ability, the consumer's current employment status; (iii) the consumer's monthly payment; (iv) the consumer's monthly payment on any simultaneous loan that the creditor knows or has reason to know will be made; (v) the consumer's monthly payment for mortgage-related obligations; (vi) the consumer's current debt obligations, alimony, and child support; (vii) the consumer's monthly debt-to-income ratio or residual income; and (viii) the consumer's credit history. This portion of the Review also focused on full recalculation of income and debts, as well as the documentation provided to support each item used in originator's determination of the ability to repay.

*Note: for loans designated as QM – Agency eligible (QM – Temporary), Clarifii did not review for compliance with the requirements of Appendix Q or General Ability to Repay.*

Clarifii reviewed loans to determine their conformity with the ATR/QM factors above, and did not render an independent assessment or opinion, warranty or represent that a loan will be deemed to conform to Safe Harbor, Rebuttable Presumption, ATR, or other status based on any additional or revised factors that may be considered by legislative, regulatory, administrative, or judicial authorities (Authorities). Clarifii does not represent or warrant that the factors for which it has reviewed that the loans constitute all the factors and/or criteria that Authorities may consider in determining the status of a loan.

Clarifii's review was based on information contained in the loan file at the time it was provided for review.

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All loans in the population reviewed by Clarifii were investment properties and were found to not be ATR/QM applicable.

**VALUATION REVIEW**

Clarifii reviewed all appraisals and alternative value tools used to qualify the Loan for reasonableness of estimated value, comparable sales, completeness of data and eligibility of the appraiser, compared to underwriting guidelines, variances, and tolerances. Clarifii determined that the appraised value appeared to be supported, based on the valuation provided by the Independent Third-party Review.

● **Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA)** 

Clarifii checked for the presence of the appraiser's license and reviewed for the presence of any red flags related to the mortgaged property that may have posed a risk to the property or occupants.

● **Uniform Standards of Professional Appraisal Practice (USPAP)** 

Clarifii confirmed the appraiser's certification is present and executed within the original appraisal.

**INDEPENDENT THIRD-PARTY VALUES**

Clarifii applied a cascade methodology to the population to determine if the original appraisal value was reasonably supported when compared to an independent third-party valuation product.

**Valuation Reconciliation Process:**

● If the AVM (Automated Valuation Model) supported the origination appraised value within -10% variance, no additional products were required.

● If the Desk Review supported the origination appraised value within a -10% variance, no additional products were required.

● In the event the Desk Review process yielded material exceptions or had a value exceeding a negative ten percent (-10%) variance, a field review was ordered to further establish the supported value, unless guidelines allowed for the use of the lower Desk Review value for purpose of LTV/CLTV/HCLTV.

**Uniform Collateral Data Portal (UCDP) Risk Score:**

● For loans with a Fannie Mae Collateral Underwriter Score (CU), if an CU Score was available and the CU Score was greater than 2.5, a Desk Review was either reviewed in the loan file or ordered by Clarifii. If the CU Score was less than or equal to 2.5, a Desk Review was not obtained/required based on market acceptance of UCDP Risk Score.

**VALUATION RESULTS SUMMARY**

The two tables below summarize the loans that contained independent third-party valuation product as well as loans with acceptable UCDP Risk Scores:

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---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Valuation Product** | &nbsp;&nbsp;**# of Files – No Hit** | &nbsp;&nbsp;**# of Files > -10% Variance to OA or Confidence < 80%** | &nbsp;&nbsp;**Number of Files within -10% of OA or Acceptable UCDP Risk Score** |
| &nbsp;&nbsp;AVM | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;BPO | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;LCA or CU Score <=2.5 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Desk Review | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Field Review | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Second Full Appraisal | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |

---

**DUE DILIGENCE GRADING CRITERIA** 

Upon completion of the loan file due diligence review, Clarifii assigned comprehensive grading that considers critical factors based on the specific review completed, in addition to product, client, and rating agency requirements.

The National Recognized Statistical Rating Organizations (NRSRO) criteria referenced for this report and utilized for grading descriptions is based upon the NRSRO listed in the Asset-Backed Securities Form ABS Due Diligence-15E.

**Final Event Grade**

---

| | |
|:---|:---|
| **A** | Loan meets Credit, Compliance, and Valuation Guidelines. |
| **B** | The loan materially meets published Client/Seller guidelines and/or eligibility in the validation of income, assets, or credit, is in material compliance with all applicable laws and regulations, and the value and valuation methodology is supported and materially meets published guidelines. |
| **C** | The loan does not meet the published guidelines and/or violates one material law or regulation, and/or the value and valuation methodology is not supported or did not meet published guidelines. |
| **D** | Loan is missing documentation to perform a sufficient review. |

---

**Credit Event Grade**

---

| | |
|:---|:---|
| **A** | The loan meets the published guidelines without any exceptions. The employment, income, assets, and occupancy are supported and justifiable. The borrower's willingness and ability to repay the loan is documented and reasonable. |
| **B** | The loan materially meets the published guidelines, but reasonable compensating factors were considered and documented for exceeding published guidelines. The employment, income, assets, and occupancy are supported and justifiable. The borrower's willingness and ability to repay the loan is documented and reasonable. |
| **C** | The loan does not materially meet the published guidelines. There are not sufficient compensating factors that justify exceeding the published guidelines. The employment, income, assets, or occupancy are not supported and justifiable. The borrower's willingness and ability to repay the loan were not documented or are unreasonable. |
| **D** | There was not sufficient documentation to perform a review, or the credit file was not furnished. |

---

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**Valuation Event Grade**

---

| | |
|:---|:---|
| **A** | The value is supported within 10% of the original appraisal by supporting documents (CDA, Field Review or Second Appraisal). The appraisal was performed on an "as-is" basis and the property is complete and habitable at origination. The appraiser was appropriately licensed and used Government-Sponsored Enterprise (GSE) approved forms. |
| **B** | The value is not supported within 10% of the original appraisal by supporting documents and there are no other valuation support documents provided. The valuation methodology substantially meets the published guidelines, but reasonable compensating factors were considered and documented for exceeding guidelines. The appraisal was performed on an "as-is" basis and the property is complete and habitable. The appraiser was appropriately licensed and used GSE approved forms. |
| **C** | The value is not supported within 10% of the original appraisal. The valuation methodology did not meet the published guidelines and there were not sufficient compensating factors for exceeding published guidelines. The property is in below "average" condition, or the property is not complete or requires significant repairs. The appraisal was not performed on an "as is" basis. The appraiser was not appropriately licensed or did not use GSE approved forms. |
| **D** | The file was missing the appraisal or there was not sufficient valuation documentation to perform a review. |

---

**Compliance Event Grade** 

---

| | |
|:---|:---|
| **A** | The loan is compliant with all applicable laws and regulations. The legal documents accurately reflect the agreed upon loan terms and are executed by all applicable parties. |
| **B** | The loan is in material compliance with all applicable laws and regulations. The legal documents accurately reflect the agreed upon loan terms and are executed by all applicable parties. Client review required. |
| **C** | The loan violates one material law or regulation. The material disclosures are missing, or the legal documents do not accurately reflect the agreed upon loan terms or all required applicants did not execute the documents. |
| **D** | There was not sufficient documentation to perform a review, or the required legal documents were not furnished. |

---

**CLARIFII DUE DILIGENCE RESULTS**

Below are the final overall loan grades for this review, as well as the credit, property valuation, and regulatory compliance component review grades.

**Final Overall Loan Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Overall Review Results** | &nbsp;&nbsp;**Overall Review Results** | &nbsp;&nbsp;**Overall Review Results** |
| &nbsp;&nbsp;**Overall** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;3 | &nbsp;&nbsp;33.33% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;6 | &nbsp;&nbsp;66.67% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**9** | &nbsp;&nbsp;**100.00%** |

---

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The overall grade summary reflects the combination of the credit, property valuation and regulatory compliance component reviews into one overall grade. The overall grade assigned is the most severe grade from each of the component reviews.

**Final Credit Component Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Final Credit Grade Summary** | &nbsp;&nbsp;**Final Credit Grade Summary** | &nbsp;&nbsp;**Final Credit Grade Summary** |
| &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;3 | &nbsp;&nbsp;33.33% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;6 | &nbsp;&nbsp;66.67% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**9** | &nbsp;&nbsp;**100.00%** |

---

**Final Property Valuation Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Final Property Grade Summary** | &nbsp;&nbsp;**Final Property Grade Summary** | &nbsp;&nbsp;**Final Property Grade Summary** |
| &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**9** | &nbsp;&nbsp;**100.00%** |

---

**Final Regulatory Compliance Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Final Compliance Grade Summary** | &nbsp;&nbsp;**Final Compliance Grade Summary** | &nbsp;&nbsp;**Final Compliance Grade Summary** |
| &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**9** | &nbsp;&nbsp;**100.00%** |

---

**ADDITIONAL LOAN SUMMARY DETAILS**

**Amortization Type**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$4493300.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**9** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$4493300.00** |

---

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**Occupancy**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Primary Residence | &nbsp;&nbsp;2 | &nbsp;&nbsp;22.22% | &nbsp;&nbsp;$1025000.00 |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;7 | &nbsp;&nbsp;77.78% | &nbsp;&nbsp;$3468300.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**9** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$4493300.00** |

---

**Loan Purpose**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Refinance | &nbsp;&nbsp;6 | &nbsp;&nbsp;66.67% | &nbsp;&nbsp;$2394800.00 |
| &nbsp;&nbsp;Purchase | &nbsp;&nbsp;3 | &nbsp;&nbsp;33.33% | &nbsp;&nbsp;$2098500.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**9** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$4493300.00** |

---

**Lien Position**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$4493300.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**9** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$4493300.00** |

---

**Original Term**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Original Term** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;360 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$4493300.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**9** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$4493300.00** |

---

**DATA COMPARE RESULTS**

Clarifii provided Client with a copy of the Loan Level Data Compare Report which shows the differences between the data received by the sellers versus the data captured by Clarifii during the loan review.

**Summary of Data Compare Results**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Data Comparison Fields** | &nbsp;&nbsp;**Loans With Discrepancy** | &nbsp;&nbsp;**Total Times Compared** | &nbsp;&nbsp;**Accuracy %** |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Amount of Other Lien | &nbsp;&nbsp;1 | &nbsp;&nbsp;4 | &nbsp;&nbsp;75.00% |
| &nbsp;&nbsp;Application Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;4 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;Balloon Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Any Outstanding Judgments? | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Any part of down payment borrowed? | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Bankruptcy in past 7 years? | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Birthdate | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Citizen | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Country Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |

---

COLT 2025-11 Due Diligence Narrative Report – PagE \| 18

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Borrower 1 Do you intend to occupy property as primary residence? | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Email or Internet | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Employer 1 Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Employer 1 Years in Line of Work | &nbsp;&nbsp;1 | &nbsp;&nbsp;3 | &nbsp;&nbsp;66.67% |
| &nbsp;&nbsp;Borrower 1 Ethnicity - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Ethnicity - Not Hispanic or Latino | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Ethnicity Visual Observation or Surname | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Foreclosure in past 7 years? | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Has there been ownership in a property in last 3 yrs | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 How was title held? | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Marital Status | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Middle Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Name of Employer1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Other Income | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Race - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Race - White | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Rent or Own | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Self-Employment Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Sex - Female | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Sex - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Sex - Male | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 SSN | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Telephone Interview | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Years in Current Home | &nbsp;&nbsp;2 | &nbsp;&nbsp;4 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;Borrower 2 Birthdate | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Citizen | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Do you intend to occupy property as primary residence? | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Email or Internet | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Employer 1 Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Employer 1 Years in Line of Work | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Ethnicity - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Ethnicity - Not Hispanic or Latino | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Ethnicity Visual Observation or Surname | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Marital Status | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Name of Employer1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Race - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |

---

COLT 2025-11 Due Diligence Narrative Report – PagE \| 19

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Borrower 2 Race - White | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Rent or Own | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Self-Employment Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Sex - Female | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Sex - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 SSN | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Years in Current Home | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Calculated DSCR | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;FHA Streamline/VA IRRL Indicator | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Only Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Rate | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Investor Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Origination Company | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Origination Company NMLS | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Negative Amortization Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Note Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Number of Borrowers | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Number of Mortgaged Properties | &nbsp;&nbsp;2 | &nbsp;&nbsp;4 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;Number of Units | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Prepayment Penalty Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Prepayment Penalty Total Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Primary Appraised Property Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property City | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property County | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Rights | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property State | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Refinance Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;ULI | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |

---

COLT 2025-11 Due Diligence Narrative Report – PagE \| 20

**CLARIFII THIRD PARTY REPORTS DELIVERED**

Clarifii furnished the following reports on this transaction:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Narrative
Report/Executive Summary

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Attestation
Forms

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. ASF
Report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Rating
Agency Grade Detail and Summary Report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Data
Compare Report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Valuations
Report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Rating
Agency ATR or QM Report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Supplemental
Data Extract

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. Business
Purpose Supplement Extract Report

**Disclaimer**

*Clarifii LLC ("the Company") performs due diligence reviews for Residential Mortgage-Backed Securities, as well as, assets, collateral, counterparty operations, and similar diligence reviews in the consumer finance industry. In issuing reports and maintaining the ratings provided for herein, the Company relies on factual information it receives from issuers, underwriters, and from other sources which the Company reasonably believes to be credible. The Company conducts reasonable investigation of the factual information relied upon by it in accordance with its ratings methodology. The Company also makes reasonably good faith attempts to verify the information from independent sources (to the extent such sources are available).*

 

*Please be advised that Clarifii has not determined whether the Loans comply with federal, state, or local laws, constitutional provisions, regulations or ordinances, including, but not limited to, licensing and general usury laws that set rate and/or fee limitations, unless listed above. Clarifii's review is focused on issues that raise concerns for secondary market investors and other assignees, based on potential for assignee liability, an adverse impact on the lien, and regulatory, litigation and headline risk. Clarifii's review is not designed to fully test a lender's compliance with all applicable disclosure and licensing requirements. The findings reached by Clarifii are dependent upon its receiving complete and accurate data regarding the Loans from loan originators and other third parties. Please be further advised that Clarifii and its employees do not engage in the practice of law, and the findings set forth in the reports prepared by Clarifii do not constitute legal advice or opinions.*

 

*Ratings, analysis, reports, and other opinions (referred to collectively as "Reports") issued by the Company are provided "as is" and without representation or warranty of any kind. The Company hereby disclaims any representation or warranty (whether express or implied) as to accuracy, completeness, merchantability, or fitness for a particular purpose. Reports are not a recommendation to buy, sell, or retain any security. All reports are deemed jointly prepared, and no individual shall be exclusively deemed the "author" of any Report. Individuals identified in a Report were involved in, but are not solely responsible for, the contents of any Report.*

 

*Unless expressly stated otherwise, Reports do not assess any risk other than credit risk. In particular, any rating or grading in a Report does not take into consideration the risk of any security (or any portion thereof) due to changes in market conditions.*

 

*The Company does not provide investment, legal, or tax advice, and the Reports may not be construed as such. Reports are issued for the benefit of the entity requesting the Report, only, and may not be used by third parties without the express written consent of the Company and the requesting party. Reports are based on available information and current regulations as of the date of the Report, and the Company disclaims any obligation to update Reports due to a change of fact of regulation which occurs after the date of issuance.*© 2025 Clarifii LLC. All rights reserved.

COLT 2025-11 Due Diligence Narrative Report – PagE \| 21

## Exhibit 99.7

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.7**

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Finding Code** | **Date Created** | **Date Modified** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Finding Comments** | **Seller Comments** | **Resolution Comments** | **Reviewer Comp Factor** | **Originator Comp Factors** | **Finding Documents** | **Originator QM Status** | **Final Reviewed QM Status** | **Loan Amount** | **Property State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Acknowledged / WaivedBy** | **Waiver in File?** | **Unique Finding ID** |
| XXXX | 4350117607 | XXXX | XXXX C B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Originator exception granted and in file, waiver applied with comp factors. Waiver provided for housing history, borrower has only been on Title since XXXX on XXXX and housing history for prior owners is in file. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. the statements for XXXX are the housing history - Seller-XXXX <br> Open-Housing History Does Not Meet Guideline Requirements Missing VOM for subject . File includes mortgage statements only for loan #XXXX in name of XXXX. Additional findings may apply. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. the statements for XXXX are the housing history - Seller-XXXX | Waived-Originator exception granted and in file, waiver applied with comp factors. Waiver provided for housing history, borrower has only been on Title since XXXX and housing history for prior owners is in file. - Due Diligence Vendor-XXXX | Qualifying FICO score is at least 20 points above minimum for program - Min FICO 640, Bwr FICO 771<br>Months Reserves exceed minimum required - 65 mths reserves; 6 mths required. | DSCR >.80 | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | XXXX |
| XXXX | 4350117607 | XXXX | XXXX C B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Originator exception in regard to allowing Rate/Term Refi with only being on title since XXXX. Non-material waiver applied to finding. - Due Diligence Vendor-XXXX <br> Open-Lender exception- rate and term with only being on title since XXXX. - Due Diligence Vendor-XXXX |  | Waived-Originator exception in regard to allowing Rate/Term Refi with only being on title since XXXX. Non-material waiver applied to finding. - Due Diligence Vendor-XXXX | Qualifying FICO score is at least 20 points above minimum for program - Min FICO 640, Bwr FICO 771<br>Months Reserves exceed minimum required - 65 mths reserves; 6 mths required. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | XXXX |
| XXXX | 4350117608 | XXXX | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Received confirmation borrower resides rent free with spouse-eligible. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-First time investor is eligible for DSCR program when borrower owns a primary residence. Borrower is currently living rent free for the past 2 years per LOX in file - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received confirmation borrower resides rent free with spouse-eligible. - Due Diligence Vendor-XXXX<br>| LTV is less than guideline maximum - LTV 65% max LTV 70%.<br>Months Reserves exceed minimum required - 6.44 months PITIA reserves; 3 months reserves required. |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | 4350117609 | XXXX | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-Provide an exception to Lendz guidelines. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Counter-5% reduction was due to declining market. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. attached is a copy of the XXXX matrix. there is no hit for cash out - 2 unit property. - Seller-XXXX <br> Open-Audited LTV of 73.53% exceeds Guideline LTV of 70% Declining market requires 5% LTV reduction - Max Cash out for 2 unit = 7% - 5% Reduction = 65% LTV - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX <br> Ready for Review-Document Uploaded. attached is a copy of the XXXX matrix. there is no hit for cash out - 2 unit property. - Seller-XXXX | Resolved-Provide an exception to Lendz guidelines. - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - 46.05 months PITIA reserves; 6 months reserves required.<br>Qualifying FICO score is at least 20 points above minimum for program - Qualifying score 787; minimum score 700. |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | 4350117609 | XXXX | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Housing history provided for both properties. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Counter-Please provide a 12 month payment history for the subject and primary residence. - Due Diligence Vendor-XXXX <br> Ready for Review-see attachment on other cond - Seller-XXXX <br> Open-Housing History Does Not Meet Guideline Requirements- Missing 12 months housing history for primary residence. Note appears b1 purchased primary pg 455 XXXX and then is refi pg 559 CD borrower refinance primary XXXX. For subject missing 12 months most recent mortgage pay history. per final 1003 pdg 157 borrower has a mortgage with XXXX. however title shows item #5 another mortgage which is part of XXXX Loan does not match with final cd. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX <br>Ready for Review-see attachment on other cond - Seller-XXXX<br>| Resolved-Housing history provided for both properties. - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - 46.05 months PITIA reserves; 6 months reserves required.<br>Qualifying FICO score is at least 20 points above minimum for program - Qualifying score 787; minimum score 700. |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | 4350117609 | XXXX | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-Received verification from Title, XXXX will be removed. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-Property Title Issue - Schedule B1 item #5 reflects a mortgage which is XXXX needs to be satisfied prior to closing. see SBB documents on pdf. 469 & pdf 552. Final CD and final 1003 reflects mortgage paying of XXXX which does not match with the XXXX. per 1008 this XXXX is collateral to payoff 2 properties. Unable to determine if XXXX and XXXX are one in the same. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received verification from Title, XXXX will be removed. - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - 46.05 months PITIA reserves; 6 months reserves required.<br>Qualifying FICO score is at least 20 points above minimum for program - Qualifying score 787; minimum score 700. |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | 4350117609 | XXXX | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Appraisal has issues (credit) | Resolved-Received photo. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Appraisal is missing photo of the one bathroom for Unit #1. Unit #1 photos start PDF 42. Additional findings may apply. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received photo. - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - 46.05 months PITIA reserves; 6 months reserves required.<br>Qualifying FICO score is at least 20 points above minimum for program - Qualifying score 787; minimum score 700. |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | 4350117610 | XXXX | XXXX C B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived--Originator waiver applied to non-material finding with comp factors. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Excpetion - Seller-XXXX <br>Open-Housing History Does Not Meet Guideline Requirements Less than 12 months rental history, file contsins verification of 8 months, 12 months required. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Excpetion - Seller-XXXX<br>| Waived--Originator waiver applied to non-material finding with comp factors. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Score for grading is 714, guideline minimum is 660.<br>LTV is less than guideline maximum - - LTV 56.76% and max 80%.<br>Months Reserves exceed minimum required - verified reserves equal 90.49 months, guidelines require 3 months. | LTV 10% or more under requirement. Minimal consumer debt. | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | Originator Post-Close | Yes | XXXX |
| XXXX | 4350117610 | XXXX | XXXX C B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Received updated Gap Report. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. GAP credit report... please note XXXX was paid off on CD at closing - Seller-XXXX <br> Counter-Credit refresh provided is not dated within 10 days. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. credit refresh - Seller-XXXX <br> Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). The GAP credit report is dated XXXX which is 14 days prior to the note date of XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. GAP credit report... please note XXXX was paid off on CD at closing - Seller-XXXX <br> Ready for Review-Document Uploaded. credit refresh - Seller-XXXX | Resolved-Received updated Gap Report. - Due Diligence Vendor-XXXX<br>| Qualifying FICO score is at least 20 points above minimum for program - Score for grading is 714, guideline minimum is 660.<br>LTV is less than guideline maximum - - LTV 56.76% and max 80%.<br>Months Reserves exceed minimum required - verified reserves equal 90.49 months, guidelines require 3 months. |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | XXXX |
| XXXX | 4350117611 | XXXX | XXXX B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Assets | Cash Out Does Not Meet Guideline Requirements | Waived-Originator exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-XXXX <br> Open-Cash Out Does Not Meet Guideline Requirements - Exception Approved for cash out for a Foreign National and Exception Approved for cash out on a XXXX. Non-Material, Overlay with a pricing hit. - Due Diligence Vendor-XXXX |  | Waived-Originator exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - 55.2 months PITIA reserves; 9 months reserves required.<br>LTV is less than guideline maximum - LTV 55.21 % max 75%. | -Approved with .25 to price |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | XXXX |
| XXXX | 4350117612 | XXXX | XXXX A |  | XXXX | XXXX | XXXX |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other |  |  | XXXX |
| XXXX | 4350117613 | XXXX | XXXX C B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Property | Appraisal | Subject property appraisal is not on an as-is basis (Primary Value) | Resolved-Received 1004D. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. final inspection - Seller-XXXX <br>Open-Primary Value Subject Property Appraisal is not on an As-Is Basis and Completion Report (1004D) is not Present. Missing copy of the 1004D Report. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. final inspection - Seller-XXXX<br>| Resolved-Received 1004D. - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - DTI is 36.43% and max allowed is 50%<br>Qualifying FICO score is at least 20 points above minimum for program - Score is 791 and minimum allowed is 700 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | 4350117613 | XXXX | XXXX C B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Received Gap Report. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. GAP report - Seller-XXXX <br>Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). Gap Report unexpired is required. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. GAP report - Seller-XXXX<br>| Resolved-Received Gap Report. - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - DTI is 36.43% and max allowed is 50%<br>Qualifying FICO score is at least 20 points above minimum for program - Score is 791 and minimum allowed is 700 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | 4350117613 | XXXX | XXXX C B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Originator waiver applied to non material findings with comp factors - Due Diligence Vendor-XXXX <br> Open-Loan does not conform to program guidelines. XXXX aggregate exposure to a single borrower and/or household shall not exceed $XXXX in current<br> unpaid principal balance (UPB) or ten (10) loans. Borrower has 10 mortgage properties.<br> Lender Exception Approval provided with compensating factors to allow XXXX Exposure with 10 loans. - Due Diligence Vendor-XXXX |  | Waived-Originator waiver applied to non material findings with comp factors - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - DTI is 36.43% and max allowed is 50%<br>Qualifying FICO score is at least 20 points above minimum for program - Score is 791 and minimum allowed is 700 | -Loan to Value 10% or more under requirement<br> - Fico 20 points or more above requirement<br> - Residual Income $XXXX or more. |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Originator Post-Close | No | XXXX |
| XXXX | 4350117613 | XXXX | XXXX C B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Borrower is party to a lawsuit according to the 1003 declaration | Waived-Originator waiver applied to non-material findings with comp factors - Due Diligence Vendor-XXXX <br>Open-Borrower is party to a lawsuit according to the 1003 declarations. Borrowers party to a lawsuit by exception only.<br> Lender Exception Approval provided with compensating factors to waive borrower party to a lawsuit (documentation reflecting borrower is not on Title or Note of the property that is subject to foreclosure). - Due Diligence Vendor-XXXX |  | Waived-Originator waiver applied to non-material findings with comp factors - Due Diligence Vendor-XXXX<br>| Qualifying DTI below maximum allowed - DTI is 36.43% and max allowed is 50%<br>Qualifying FICO score is at least 20 points above minimum for program - Score is 791 and minimum allowed is 700 | LTV 10% or more under requirement<br> FICO 20 points or more above requirement<br> Residual Income $XXXX or more<br> Long term employment (>5 years)<br> Long term homeownerhsip (>5 years) |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Originator Post-Close | No | XXXX |
| XXXX | 4350117614 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Assets | Cash Out Does Not Meet Guideline Requirements | Waived-Lender and investor approved exception in the file for cash out with a non-occupying co-borrower. No mortgage is being paid at closing, borrower is receiving cash in hand in the amount of $XXXX. - Due Diligence Vendor-XXXX <br> Open-Cash Out Does Not Meet Guideline Requirements Co-borrower is a non-occupying co-borrower, per the guidelines cash out is not allowed with as non-occupying co-borrower<br> - Due Diligence Vendor-XXXX |  | Waived-Lender and investor approved exception in the file for cash out with a non-occupying co-borrower. No mortgage is being paid at closing, borrower is receiving cash in hand in the amount of $XXXX. - Due Diligence Vendor-XXXX | Months Reserves exceed minimum required - Qualifying reserves is 97.65 months, guidelines require 3 months. <br>LTV is less than guideline maximum - Qualifying LTV is 45.45%, guideline requires 80% | LTV 10% or more under requirement.<br> Fico 740<br> DTI < 35% |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | Yes | XXXX |
| XXXX | 4350117614 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Credit Report is Missing | Resolved-Received Credit Report. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Borrower 1 Credit Report is Missing. Missing the credit report for the borrower, GAP report only in the file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received Credit Report. - Due Diligence Vendor-XXXX<br>| Months Reserves exceed minimum required - Qualifying reserves is 97.65 months, guidelines require 3 months. <br>LTV is less than guideline maximum - Qualifying LTV is 45.45%, guideline requires 80% |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | 4350117615 | XXXX | XXXX D B A C | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Property | Appraisal | Subject property appraisal is not on an as-is basis (Primary Value) | Resolved-Received updated appraisal. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. appraisal showing as is - Seller-XXXX <br>Open-Primary Value Subject Property Appraisal is not on an As-Is Basis and Completion Report (1004D) is not Present - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. appraisal showing as is - Seller-XXXX<br>| Resolved-Received updated appraisal. - Due Diligence Vendor-XXXX<br>| On time mortgage history exceeds guideline requirement - <br>Qualifying FICO score is at least 20 points above minimum for program - Qualifying score 791, guidelines require 700 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | 4350117615 | XXXX | XXXX D B A C | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Borrower is party to a lawsuit according to the 1003 declaration | Waived-Originator provided a waiver and letter from ATTY for lawsuit exception , applied to non material finding with comp factors - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. lawsuit info - Seller-XXXX <br> Counter-Received copy of exception-please provide lawsuit documentation and confirmation all requirements of exception met. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. exception from XXXX- Seller-XXXX <br> Open-Exception in file states borrower is party to a lawsuit. No further documentation regarding the lawsuit was provided. Find remains open until documentation is provide. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. lawsuit info - Seller-XXXX <br> Ready for Review-Document Uploaded. exception from XXXX - Seller-XXXX | Waived-Originator provided a waiver and letter from XXXX for lawsuit exception , applied to non material finding with comp factors - Due Diligence Vendor-XXXX | On time mortgage history exceeds guideline requirement - <br>Qualifying FICO score is at least 20 points above minimum for program - Qualifying score 791, guidelines require 700 | DTI 10% under max (actual 8%)<br> FICO 20 pts over min<br> Employment > 5 years<br> Long term homeownership > 5 year | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | Originator Post-Close | No | XXXX |
| XXXX | 4350117615 | XXXX | XXXX D B A C | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 1 Does Not Meet Guideline Requirements | Resolved-Received final settlement statement. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. XXXX docs - Seller-XXXX <br> Open-Asset Record 1 Does Not Meet G/L Requirements REO 3g missing HUD-1 to document proceeds received from Refi - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. XXXX docs - Seller-XXXX | Resolved-Received final settlement statement. - Due Diligence Vendor-XXXX<br>| On time mortgage history exceeds guideline requirement - <br>Qualifying FICO score is at least 20 points above minimum for program - Qualifying score 791, guidelines require 700 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | 4350117615 | XXXX | XXXX D B A C | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Incomplete | Resolved-Received EIN - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. EIN - Seller-XXXX <br>Open-The Business Entity Formation Document is incomplete Missing EIN for vested entity - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. EIN - Seller-XXXX<br>| Resolved-Received EIN - Due Diligence Vendor-XXXX<br>| On time mortgage history exceeds guideline requirement - <br>Qualifying FICO score is at least 20 points above minimum for program - Qualifying score 791, guidelines require 700 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | 4350117615 | XXXX | XXXX D B A C | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received Note and settlement statement. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. XXXX docs - Seller-XXXX <br> Open-3G missing PITI for new refi loan - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. XXXX docs - Seller-XXXX | Resolved-Received Note and settlement statement. - Due Diligence Vendor-XXXX<br>| On time mortgage history exceeds guideline requirement - <br>Qualifying FICO score is at least 20 points above minimum for program - Qualifying score 791, guidelines require 700 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | 4350117615 | XXXX | XXXX D B A C | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Borrower owns more financed properties than allowed per guidelines | Waived-Originator exception granted to allow 12 financed properties. Non-material waiver applied with comp factors. Deemed non-material due to experienced investor with long timely pay history. - Due Diligence Vendor-XXXX <br>Open-Borrower has 12 loans with lender exceeds the 10 allowed - Due Diligence Vendor-XXXX |  | Waived-Originator exception granted to allow XXXX financed properties. Non-material waiver applied with comp factors. Deemed non-material due to experienced investor with long timely pay history. - Due Diligence Vendor-XXXX | On time mortgage history exceeds guideline requirement - <br>Qualifying FICO score is at least 20 points above minimum for program - Qualifying score 791, guidelines require 700 | DTI 10% under max (actual 8%)<br> FICO 20 pts over min<br> Employment > 5 years<br> Long term homeownership > 5 year |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | Originator Post-Close | Yes | XXXX |

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## Exhibit 99.8

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.8**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| XXXX | 4350117607 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350117608 | XXXX | XXXX | XXXX C A |
| XXXX | 4350117609 | XXXX | XXXX | XXXX C A |
| XXXX | 4350117610 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350117611 | XXXX | XXXX | XXXX B A |
| XXXX | 4350117612 | XXXX | XXXX | XXXX A |
| XXXX | 4350117613 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350117614 | XXXX | XXXX | XXXX D A B |
| XXXX | 4350117615 | XXXX | XXXX | XXXX D A C B |

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## Exhibit 99.9

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.9**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX | 4350117610 | XXXX | XXXX | XXXX | Amount of Other Lien | titlePage | 0 | XXXX | subject lien only. |
| XXXX | 4350117610 | XXXX | XXXX | XXXX | Application Date | complianceDetailPage | XXXX | XXXX | per the initial application. |
| XXXX | 4350117614 | XXXX | XXXX | XXXX | Application Date | complianceDetailPage | XXXX | XXXX | Per Initial 1003 |
| XXXX | 4350117610 | XXXX | XXXX | XXXX | Borrower 1 Employer 1 Years in Line of Work | the1003Page | XXXX | XXXX | Per the final 1003. |
| XXXX | 4350117610 | XXXX | XXXX | XXXX | Borrower 1 Years in Current Home | the1003Page | XXXX | XXXX | per the final 1003 and lease agreement. |
| XXXX | 4350117614 | XXXX | XXXX | XXXX | Borrower 1 Years in Current Home | the1003Page | XXXX | XXXX | per 1003 |
| XXXX | 4350117613 | XXXX | XXXX | XXXX | Number of Mortgaged Properties | creditLiabilitiesPage | XXXX | XXXX | Per 1003 |
| XXXX | 4350117615 | XXXX | XXXX | XXXX | Number of Mortgaged Properties | creditLiabilitiesPage | XXXX | XXXX | Per 1003 and audit |

---

## Exhibit 99.10

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.10**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXXX | 4350117607 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 72.93 | 72.93 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350117608 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 65 | 65 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350117609 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 73.53 | 73.53 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350117610 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 56.76 | 56.76 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350117611 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 32.89 | 32.89 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350117612 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 65 | 65 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350117613 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350117614 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 45.45 | 45.45 | XXXX | 0 | 0 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXXX Eligible | 2.1 | XXXX |
| XXXX | 4350117615 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.11

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.11**

![](ex9912001.jpg)

**October 28, 2025**<br> **Due Diligence Narrative Report**<br>

![](ex9912002.jpg)

**Table of Contents**

---

| | |
|:---|:---|
| **Clayton Contact Information** | **2** |
| **Overview** | **2** |
| **Originators** | **2** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Review scope | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;# of Files Reviewed | 3 |
| **Clayton's Third Party Review ("TPR") Scope of Work** | **3** |
| &nbsp;&nbsp;&nbsp;*Loan Grading* | *3* |
| &nbsp;&nbsp;&nbsp;*TPR Component Review Scope* | *4* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Review | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Property Valuation Review | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Regulatory Compliance Review | 5 |
| &nbsp;&nbsp;&nbsp;*Data Integrity* | *7* |
| &nbsp;&nbsp;&nbsp;*Data Capture* | *7* |
| **Data Compare Results** | **7** |
| **Clayton Due Diligence Results** | **8** |
| **Clayton Third Party Reports Delivered** | **9** |
| **Appendix A: Credit Review Scope** | **9** |
| **Appendix B: Origination Appraisal Assessment** | **12** |
| **Appendix C: Regulatory Compliance Review Scope** | **14** |

---

COLT 2025-11 Due Diligence Narrative Report Page \| 1 October 28, 2025

![](ex9912002.jpg)

**Clayton Contact Information** 

Client Service Management:

---

| | | |
|:---|:---|:---|
| ![](ex9912003.jpg) | **Michael Santarsiere** | Client Service Director |
|  |  | Phone: (813) 371-0280/E-mail: <u>msantarsiere@clayton.com</u> |
| ![](ex9912003.jpg) | **Joe Ozment** | Vice President – Client Services & Securitization |
|  |  | Phone: (813) 261-0733/E-mail: <u>jozment@clayton.com</u> |

---

**Overview**

On behalf of American Home Loans, Clayton Services LLC ("Clayton") conducted an independent third-party pre-securitization due diligence review of 2 residential loans.

Lone Star Residential Acquisitions, LLC subsequently purchased these loans via reliance letter and selected them for the COLT 2025-11 transaction. The loans referenced in this narrative report were reviewed on a flow loan basis between September and October of 2025. This narrative report provides information about the scope of work performed by Clayton, and the results of Clayton's review.

**Originators**

Origination channels for the loans in this review:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Origination Channel** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;Retail | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**100.00%** |

---

COLT 2025-11 Due Diligence Narrative Report Page \| 2 October 28, 2025

![](ex9912002.jpg)

**Clayton's Third Party Review ("TPR") Scope of Work**

---

| | |
|:---|:---|
| &nbsp;&nbsp;Review scope  | &nbsp;&nbsp;# of Files Reviewed  |
| &nbsp;&nbsp;Credit Review | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Property Valuation Review | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Regulatory Compliance Review | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Data Integrity Check | &nbsp;&nbsp;2 |

---

The scope of work for this transaction consisted of a credit review, property valuation review, regulatory compliance review and data integrity check.

Loan Grading

Each loan received an "initial" and a "final" grade. The "initial" grade was assigned during the initial loan review. The "final" grade takes into account additional information and supporting documentation that may have been provided by the originators to clear outstanding conditions. Clayton's loan grading is solely based on Clayton's independent assessment of all guideline exceptions and compensating factors for each of the component reviews. Clayton is providing a comprehensive loan-level analysis as part of this pre-securitization reporting package that includes initial grades, final grades and detailed commentary on the rationale for any changes in grades, and sets forth compensating factors and waivers.

Clayton's loan grading complied with rating agency grading definitions published by Moody's, Standard and Poor's, Fitch, Kroll, DBRS/Morningstar.

![](ex9912004.jpg)

COLT 2025-11 Due Diligence Narrative Report Page \| 3 October 28, 2025

![](ex9912002.jpg)

TPR Component Review Scope

Clayton examined the selected loan files with respect to the presence or absence of relevant documents, enforceability of mortgage loan documents, and accuracy and completeness of data fields. Clayton relied on the accuracy of information contained in the loan documentation provided to Clayton.

Credit Review

Clayton's Credit scope of review conducted on 2 loans on this transaction included the following elements (for more detail, please refer to <u>Appendix A</u>):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Compared
 the loan documentation found in the loan file to the origination guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Re-calculated
 LTV, CLTV, income, liabilities, and debt-to-income ratios (DTI) and compared these against
 the stated seller origination guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Analyzed
 asset statements in order to determine that funds to close and reserves were within origination
 guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Confirmed
 that credit scores (FICO) and credit histories were within origination guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Evaluated
 for evidence of borrower's willingness and ability to repay the obligation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Examined
 income, employment, assets, and occupancy status for reasonability;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Reviewed
 the occupancy, VOE and self/employed business documents within the loan file, as applicable;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Listed
 the property type as Coop, as applicable;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Reviewed
 for condo warranty documentation, as applicable;

Property Valuation Review

Clayton's Property Valuation scope of review conducted included the following elements:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Original
 Appraisal Assessment (2 loans)

– Clayton reviewed the original appraisal provided to determine whether the original appraisal was complete, thorough and the original appraised value was reasonably supported.

– For more detail on the original appraisal review, please refer to <u>Appendix B</u> and to the guidelines cited above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Value
 Supported Analysis (2 loans)

Clayton applied a cascade methodology to determine if the original appraised value was reasonably supported when compared to an independent third party valuation product. Loans were held to a -10% tolerance utilizing the following waterfall\*

● CU Score

● Desk Review

● 1025 Review

For further detail, please refer to the COLT 2025-11 valuation summary report.

COLT 2025-11 Due Diligence Narrative Report Page \| 4 October 28, 2025

![](ex9912002.jpg)

Regulatory Compliance Review

Clayton's regulatory compliance scope of review conducted on this transaction included the elements summarized below.

(For more detail, please refer to <u>Appendix C</u>.)

Clayton utilized its proprietary eCLAS engine for regulatory compliance testing.

The scope of the compliance review performed is summarized below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Tested
 for certain applicable federal, state and local high cost and/or anti-predatory laws;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Tested
 for state-specific consumer protection laws including late charge and prepayment penalty
 provisions;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Truth-in-lending/regulation
 Z (TILA) testing included the following:

– Notice of Right to Cancel (Right of Rescission) adherence if applicable;

– TIL Disclosure Timing (3/7/3) and disclosure content;

– TIL APR and Finance charge tolerances;

– Timeliness of ARM Disclosures (if applicable);

– Section 32 APR and Points and Fees Thresholds and prohibited practices;

– Section 35 Higher Priced Mortgage Loans thresholds and applicable escrow and appraisal requirements;

– Prohibited Acts or Practices including Loan Originator compensation rules, NMLSR ID on documents, financing credit Insurance, mandatory arbitration clauses, and NegAm Counseling;

– Prepayment Penalty restrictions; and

QM/ATR Review: On applicable loans;, test compliance with applicable Qualified Mortgage (QM) and Ability to Repay (ATR) requirements defined under the Dodd-Frank Wall Street Reform and Consumer Protection Act as promulgated by the Consumer Financial Protection Bureau any loan subject to that regulation, as further described on <u>Appendix C</u> attached hereto.

TILA/RESPA Integrated Disclosure Scope ('Covered Loans' with an Application Date => 10/3/2015); SFA RMBS 3.0 TRID Compliance Review Scope as further described on <u>Appendix C</u> attached hereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Real
 Estate Settlement Procedures Act (RESPA) laws and regulations testing included the following,
 for loans other than 'Covered Loans' and loans with an Application Date prior
 to 10/3/2015:

– GFE initial disclosure timing and content;

– Confirmed the file contains the final HUD1 Settlement Statement;

GFE to HUD1 evaluation for 0% and 10% fee tolerances;

– Homeownership Counseling Notice;

– Affiliated Business Disclosure if applicable.

OF NOTE: As of October 3, 2015 ("TRID Effective Date"), Clayton commenced testing applicable loans subject to the TRID Effective date against a TRID scope of review that was based on outside counsel's interpretations of the published regulations as of the TRID Effective Date. Clayton's scope was commercially reasonable as it relates to a Third Party Review ("TPR") firm's role as TPR conducting an independent third-party pre-securitization due diligence review ("Initial TRID Scope"). The Initial TRID Scope was created with guidance from outside counsel.

On, June 15th, 2016 SFA published its RMBS 3.0 TRID Compliance Review Scope© documentation, developed under the leadership of members from Third Party Review ("TPR") firms across the industry and SFA RMBS 3.0 Due Diligence, Data and Disclosure Working Group. The RMBS 3.0 TRID Compliance Review Scope was created with an aim to facilitate a uniform testing and risk identification standard as it would apply to an assignee, as a result of a consistent Truth-In-Lending Act liability interpretation according to the understanding of prevailing legal precedent and informal written guidance and webinars offered by the CFPB, as it applies to the Know Before You Owe / Truth In Lending Act ("TILA) – Real Estate Settlement Procedures Act ("RESPA") Integrated Disclosure ("TRID") Rule (78 FR 79730, as amended). RMBS 3.0 TRID Compliance Review Scope may be formally amended by the SFA RMBS 3.0 Due Diligence, Data and Disclosure Working Group as clarifying regulations may be promulgated on a go forward basis, as well as any binding judicial interpretations of the underlying law.

COLT 2025-11 Due Diligence Narrative Report Page \| 5 October 28, 2025

![](ex9912002.jpg)

Following the June 15<sup>th</sup> formal publication of the RMBS 3.0 TRID Compliance Review Scope©, Clayton reviewed prior testing results dating back to the TRID Effective Date, and applied the enhanced RMBS 3.0 TRID Compliance Review Scope to such loans upon the affirmative election by Lone Star Residential Acquisitions, LLC.

Clayton applied the enhanced RMBS 3.0 TRID Compliance Review Scope where applicable in this transaction.

**<u>Compliance Review (Business Purpose, Non-Owner Occupied)</u>**

Non-Owner Occupied Scope: Most consumer protection laws are designed to afford protection to borrowers who are entering into a loan that will be secured by their residence. For most high cost and higher-priced laws, as well as rescission, the only loans covered by the law are loans secured by the borrower's (or in the case of rescission a title holder's) principal residence. Most other consumer protection laws extend to a borrower's secondary residence, which under TILA and RESPA is a residence that they occupy at least 2 weeks during the year. Further, if the loan is for a business purpose it is often excluded from consumer protection laws regardless of occupancy, including TILA (whereas if it is secured by non-owner occupied but for a personal, family or household purpose it is more likely to be covered).

As of December 18, 2020, Clayton modified its system to not run regulatory compliance testing on business entities, including LLC's, unless there is also a co-borrower that is a natural person or a trust that is considered to be a "consumer" under TILA. Rather than migrating compliance findings to an A on such loans as was the previous process, going forward no compliance grades are assigned in these instances.

Therefore, the list of laws that Clayton tests that apply to a loan secured by non-owner occupied property for a business purpose is limited. Regulatory Compliance testing of Business Purpose Loans consists of the following:

State and Federal High Cost and Higher-Priced:

● Cook County High Cost Ordinance

● Chicago High Cost Ordinance

Clayton currently tests the Chicago and Cook County ordinances due to vague language around loans for a business purpose not related to the property. While the state of Illinois has similar language, Clayton's audit law firm determined that only principal residences should be tested for IL high cost.

Anti-predatory lending laws

● Virginia Lender and Broker Act after 6/1/2008

● Minnesota §58 on or after 8/1/2008

Prepayment Penalties and Late Charges in certain states

Taxpayer First Act: Consent to share IRS-provided tax information sent by the IRS on or after 12/28/2019.

National Flood Insurance Program for 1-4 unit residential properties (Transaction Date on or after 1/1/2016 for regulated lenders)

● Sufficiency of coverage

● Escrow of insurance payments

COLT 2025-11 Due Diligence Narrative Report Page \| 6 October 28, 2025

![](ex9912002.jpg)

Data Integrity

Clayton utilized its proprietary eCLAS tool to determine tape-to-file accuracy of 2 reviewed loans, by completing the following steps:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Tape
 data received from seller/client is stored in eCLAS;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Loan
 reviewer collects validated loan data in eCLAS;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Each
 received data point is compared to its counterpart collected data point;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Discrepancies
 found during comparison are stored;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Each
 discrepancy is reported in a Loan Level Tape Compare Upload.

Data Capture

Clayton collected data fields required to create the American Securitization Forum ("ASF") data disclosure requirements. The file format is provided as part of the pre-securitization reporting package. Additionally, Clayton captured rating agency required data points relating to ATR/QM determination as provided in the reporting package.

**Data Compare Results**

Clayton provided Lone Star Residential Acquisitions, LLC with a copy of the Loan Level Tape Compare Upload that shows the differences between the data received from the sellers versus the data captured by Clayton during the loan review in relation to the 2 loans reviewed.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Field Name** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# Accuracy** |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;50.00% |

---

COLT 2025-11 Due Diligence Narrative Report Page \| 7 October 28, 2025

![](ex9912002.jpg)

**Clayton Due Diligence Results**

Below are the initial and final overall loan grades for this review, as well as the credit, property valuation, and regulatory compliance component review grades.

**<u>Initial and Final Overall Loan Grade Results</u>**

![](ex9912005.jpg)

The overall grade summary reflects the combination of the credit, property valuation and regulatory compliance component reviews into one overall grade. The overall grade assigned is the most severe grade from each of the component reviews.

**<u>Initial and Final Credit Component Grade Results</u>**

![](ex9912006.jpg)

**<u>Initial and Final Property Valuation Grade Results</u>**

![](ex9912007.jpg)

COLT 2025-11 Due Diligence Narrative Report Page \| 8 October 28, 2025

![](ex9912002.jpg)

**<u>Initial and Final Regulatory Compliance Grade Results</u>**

![](ex9912008.jpg)

\*Compliance results may not tie to total loan count based on business entity loans not being subject to a regulatory compliance review (1 loans in pool)

**Clayton Third Party Reports Delivered**

Clayton furnished the following reports on this transaction:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Narrative
 Report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. ASF
 Upload Report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Non
 ATR QM Upload

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Conditions
 Report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Valuation
 Summary

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Loan
 Level Tape Compare

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Waived
 Conditions Summary

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Attestation
 Forms

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. 15E
 Form

**Appendix A: Credit Review Scope**

For each mortgage loan, Clayton performed a guideline review utilizing specific guidelines furnished at the time of the review.

A. Verified
 that the characteristics of the mortgage loan and borrower conformed to the Sponsor Acquisition
 Criteria requirements including:

○ DTI

○ LTV/TLTV/HLTV

○ Credit score

○ Income and employment

○ Assets and reserves

○ Property type and use eligibility; and if the property type was a condominium or cooperative, assessed project adherence

○ Borrower eligibility, including:

– Citizenship status

– Non- occupant co-borrower

○ Transaction eligibility, including:

Maximum loan amount

– Loan purpose

COLT 2025-11 Due Diligence Narrative Report Page \| 9 October 28, 2025

![](ex9912002.jpg)

– Occupancy

○ Noted any approved exceptions or waivers by the originator and/or aggregator to guidelines; verified that approved exceptions included required, documented compensating factors

B. As
 part of the guideline review, Clayton performed a credit analysis during which various
 documents were examined, including:

○ Uniform Residential Loan Application reviewed to determine:

– Initial loan application was in the loan file and was signed by all borrowers

– Final loan application was in the loan file and was complete

– Information and debts disclosed on loan application aligned with related documentation in the loan file

○ Employment analyzed and verified through use of various documents, including:

– Income documentation

– Verbal and/or written verifications of employments (VVOE, VOE)

– CPA letter

– Business licenses

– Tax transcripts (IRS Form 4506-T)

– Other documentation in loan file

○ Income review included:

– Required income documentation for all borrowers was present and within required time period

– Documents did not appear to have been altered or inconsistent

– IRS Form 4506-T

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Signed
 by all borrowers and processed by the originator

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Compared
 IRS tax transcripts to income documentation and noted any inconsistencies

– Income was recalculated and was documented with applicable documentation, including:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Tax
 returns

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Financial
 statements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Paystubs

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ W-2s

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ 1099

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ IRS
 documents

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Bank
 statements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Lease
 agreements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Award
 letters

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Other
 documentation in loan file

○ Asset review included:

– Asset documentation required to verify down payment, closing costs, prepaid items and reserves was present and within required timeframe, including:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Verification
 of deposits (VOD)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Depository
 account statements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Stock
 or security account statements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Gift
 funds

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Settlements
 statements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Other
 evidence of conveyance and transfer of funds, if a sale of assets was involved

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Other
 documentation in loan file

– Asset documents were reviewed to determine any large deposits and appropriate sourcing of funds

○ Credit Report review included:

– Complete copy of report was in loan file

– Report was dated within required timeframe

COLT 2025-11 Due Diligence Narrative Report Page \| 10 October 28, 2025

![](ex9912002.jpg)

– All borrowers were included in the report

– Checked any fraud alerts against related loan file documentation

– Verified all disclosed mortgage debt on credit report against the loan application (under the schedule of real estate owned) for accurate debt ratio calculation

– Compared liabilities listed on the credit report against the loan application for accurate debt ratio calculation

– Captured and utilized appropriate credit score for guideline review

○ Title policy review included:

– Title interest – determined if

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Fee
 simple

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Leasehold
 estate

– Appropriate vestee(s) were listed on title policy

Amount of coverage was greater than or equal to the original principal amount of the mortgage

– Applicable title endorsements were present

– Checked for any encumbrances, encroachments and other title exceptions affecting the lien identified through the title search; verified that each issues was addressed in the transaction

– Reviewed the chain of title and duration of ownership by seller or borrower (whichever was applicable)

– Captured monthly tax payments in debt ratio calculation

○ HUD1 (Settlement Statement) review included:

– Funds to close identified and analyzed against borrower's assets

– Seller contributions did not exceed maximum allowed

– Subject property, seller and borrower aligned with other loan documentation

– Disbursements and pay-offs included in debt ratio calculations

– Loan purpose confirmed

○ Hazard/Flood insurance review included:

– Verified presence of required hazard insurance and flood insurance (if required)

– Confirmed that any required insurance was for the:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Correct
 borrower

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Correct
 property

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Correct
 lender

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Correct
 loan number

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Life
 of loan, if flood insurance required

Confirmed that any required insurance minimum coverage amount and policy period

– Reviewed for evidence that any required insurance policy premium was paid

– Confirmed that the mortgagee clause listed the lender's name and "it's successors and assigns"

Confirmed that the payment amount on any required insurance was included in the debt ratio calculation

○ Mortgage Insurance review included:

– Determined if mortgage insurance is required

Captured mortgage insurance name, certificate # and percentage guarantee (when required)

C. For
 each mortgage loan, Clayton examined the mortgage or deed of trust for evidence of recordation.
 In lieu of a copy of the mortgage or deed of trust with recording information, a copy
 of the mortgage or deed of trust that is stamped "true and certified copy"
 by the escrow/settlement agent plus recording directions on closing instruction documentation
 was utilized as evidence for recording.

D. For
 each mortgage loan, Clayton utilized the results from an independent, third-party fraud
 tool along with information in the loan file to identify and address any potential misrepresentations
 including:

○ Borrower identity

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– Social Security inconsistencies

– Borrower name variations

○ Occupancy

– Borrower address history

– Subject property ownership history

○ Employment

○ Licensing – reviewed NMLS data for:

– Mortgage lender/originator

– Loan officer

○ OFAC

**Appendix B: Origination Appraisal Assessment**

For each Mortgage Loan, Clayton performed the following origination appraisal analysis:

A. Verified
 that the mortgage loan file contained an appraisal report and that it met the following
 criteria:

○ Appraisal report used standard GSE forms, appropriate to the property type:

FNMA 1004/FHLMC 70 – Uniform Residential Appraisal Report. Used for 1-unit properties, units in planned unit developments (detached PUDs) and condominium projects that consist solely of detached dwelling (site condominium)

– FNMA 1073/FHLMC 465 – Individual Condominium Report. Used to appraise a unit in a condominium project or a condominium unit in a PUD (attached PUD)

FNMA 1025/FHLMC 72 – Small Residential Income Property Appraisal Report. Used for all two-to-four unit residential income properties, including two-to-four unit properties in a PUD

– FNMA 2860 – Individual Cooperative Appraisal Report. Used for individual cooperative units

– FNMA 2000/FHLMC 1032 – One Unit Residential Appraisal Field Review

– FNMA 2000a/FHLMC 1072 – Two to Four Unit Residential Appraisal Field Review

○ Appraisal report was reasonably complete and included:

– Appraisal report form, certification, statement of limiting conditions and scope of work

– Accurate identification of the subject property

– Accurate identification of the subject loan transaction

– Accurate identification of the property type, in both land and improvements

– All required attachments including:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Subject
 front, rear and street photos and valued features

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Subject
 interior photos – kitchen, all baths, main living area, updates/upgrades, deferred
 maintenance

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Photos
 of all comparable sales and listings

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Location
 map

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Exterior
 sketch of property with dimensions

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ 1004MC
 Market Conditions Report

– Evidence that appraisal report was made "As Is" or provided satisfactory evidence of completion for all material conditions

– Appraisal date met supplied Sponsor Acquisition Criteria

– If applicable to Sponsor Acquisition Criteria requirements, a second full appraisal was furnished and met Sponsor Acquisition Criteria

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B. Performed
 a general credibility assessment of the results of the appraisal per Title XI of FIRREA
 and USPAP based on the following criteria:

○ Title XI of FIRREA:

– Determined that either the appraiser or supervisory appraiser was appropriately licensed by verifying the appraiser's license included in the appraisal.

– Reviewed for the presence of any "red flags" related to the mortgaged property that may have posed a risk to the property or occupants

○ USPAP

– Confirmed that the appraiser's certification is present and executed within the original appraisal.

C. Reviewed
 and graded the appraisal valuation to the following criteria:

○ Appraised value was reasonably supported. Utilized the following review in making value supported determination:

– Comps used were located reasonably close to the subject property and if not the reason was satisfactorily explained

– Comps used were reasonably recent in transaction date and if not the reason was furnished

– Comps used were reasonably similar to the subject property and if not an explanation was supplied

– Appraised value of the subject was bracketed by the sales prices of the comps and if not the reason was furnished

Adjustments were reviewed and appeared reasonable utilizing the 15% net/25% gross guideline.

○ Property was complete. However, if the property was not 100% complete, then any unfinished portion had no material impact to the value, safety, soundness, structural integrity, habitability or marketability of the subject property

○ Appraisal was reviewed for any indication of property or marketability issues. Utilized the following key points in making determination:

– Appraisal was made on an "As Is" basis or provides satisfactory evidence of completion of all material conditions

– Property usage was reviewed for zoning compliance

– Property utilization was reviewed to determine it was "highest and best use"

– Neighborhood values were reviewed to determine if declining

– Market conditions were reviewed to determine indication of possible marketability issues:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Location

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ %
 built up

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Growth
 rate

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Demand/supply

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Marketing
 time

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Predominant
 occupancy

– Physical condition of the property was reviewed to determine that the property condition was average or better

– Style of property was reviewed to determine if unique property

– Any health and safety issues were noted and/or remediated

– Locational and/or environmental concerns adequately addressed if present

D. Property
 Eligibility Criteria – Clayton reviewed the property to determine that the property
 met the client supplied eligibility requirements. Examples of ineligible property types
 may include:

○ 3 to 4 unit owner occupied properties

○ 2 to 4 unit second homes

○ Unwarrantable or limited review condominiums

○ Manufactured or mobile homes

○ Condotel units

○ Unique properties

○ Working farms, ranches or orchards

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○ Mixed-use properties

○ Properties subject to existing oil or gas leases

○ Properties located in Hawaii Lava Zones 1 and 2

○ Properties exceeding Sponsor Acquisition Criteria requirements for excess acreage

E. Properties
 Affected by Disasters Criteria – Clayton reviewed the appraisal date against any
 FEMA Declared Disaster Areas that were designated for Individual and/or Public Assistance
 due to a federal government disaster declaration.

○ If the appraisal date is before the FEMA Effective Date for any of the disasters listed, Clayton will specify whether or not there has been a property inspection since the date listed, the latest inspection date, whether or not new damage has been indicated, and the amount of said damage.

F. Disclaimer

○ The individuals performing the aforementioned original appraisal assessment are not persons providing valuations for purposes of the Uniform Standards of Professional Appraisal Practice ("USPAP") or necessarily licensed as appraisers under Federal or State law, and the services being performed by such persons do not constitute "appraisal reviews" for purposes of USPAP or Federal or State law.

○ Clayton makes no representation or warranty as to the value of any mortgaged property, notwithstanding that Clayton may have reviewed valuation information for reasonableness

○ Clayton is not an 'AMC' (appraisal management company) and therefore Clayton does not opine on the actual value of the underlying property

○ Clayton is not a 'creditor' within the meaning of ECOA or other lending laws and regulations, and therefore Clayton will not have any communication with or responsibility to any individual consumer concerning property valuation.

○ Clayton does not check to see if the appraiser is on the Freddie Mac exclusionary list.

**Appendix C: Regulatory Compliance Review Scope** 

This appendix provides an overview of Clayton's proprietary compliance system for 1-4 family residential mortgage loans in the due diligence process to determine, to the extent possible and subject to the caveats below, whether the loans comply with federal, state and local laws. The Disclaimer section explains limitations that you should be aware of. Additional details on the items listed below as well as Clayton's state, county and municipal testing can be provided upon request. The compliance engine is fully integrated into Clayton's proprietary due diligence platform, eCLAS.

**<u>Federal Law</u>**

**A.** **RESPA and Regulation X:** Loan level analysis on the following:

○ GFE/HUD1: confirm the correct version of the GFE and HUD1 were properly completed under the Regulation X Final Rule that became mandatory on January 1, 2010

○ Initial Good Faith Estimate, (GFE): timing and content of the initial disclosure

○ Final GFE: Verification that increases to fees from the initial GFE were disclosed within 3 days of valid changed circumstance documentation within the loan file

○ Final HUD1 Settlement Statement: verify the loan file contains the final HUD1 and the loan terms on the HUD1 correspond to the actual loan terms from the Note

○ Final GFE to HUD1 tolerance fee evaluation: confirm the fees charged on the HUD1 do not exceed the Final GFE in the 0% or 10% fee tolerance categories, including a review for a Settlement Service Provider List if the lender excludes fees that the borrower can shop for.

○ Affiliated Business Disclosure: if the loan file indicates the lender or broker referred the borrower to a known affiliate, confirm the disclosure was provided to the borrower

○ Homeownership Counseling Notice: for loan applications on or after 1/10/2014, confirm the notice was provided to the borrower within 3 days of application

**B.** **Truth in Lending Act and Regulation Z** - Loan level analysis on the following:

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○ TIL Disclosure: Content of Disclosures – perform an independent recalculation of the finance charges and APR to determine whether the amounts disclosed on the final TIL were within allowable tolerances. Payment schedule accuracy, including under the Mortgage Disclosure Improvement Act for loans applications on or after January 30, 2010. Additional disclosure content with a focus on the consistency of the prepayment penalty disclosure and assumption policy with the note and security instrument.

○ Mortgage Disclosure Improvement Act, (3/7/3 rule): Confirm the timing of the initial TIL disclosure within 3 days of application, 7 days prior to consummation, and corrected TIL disclosures provided at least 3 days prior to consummation for applications received on or after July 30, 2009 (Section 19)

○ ARM Disclosure: confirm these disclosures are in the file within 3 days of application, or 3 days of the borrower discussing ARM programs identified within the loan file

○ Right of Rescission – Review the disclosure form type, disclosure timing, disclosed dates, other material disclosures, and the loan disbursement (Section 23)

○ High Cost mortgage thresholds for points and fees (Section 32)

○ High Cost Prohibited Acts and Practices upon request (Section 33)

○ Higher Priced Mortgage Loan thresholds for APR in relation to the APOR. Including Escrow and appraisal requirements (Section 35)

○ Prohibited Acts or Practices including testing the Loan Originator compensation rules, NMLSR ID on documents, financing Credit Insurance, mandatory arbitration clauses, and NegAm Counseling (Section 36)

○ ATR/QM Ability to Repay, aka Minimum Standards for Transactions: for applications on or after 1/10/2014, confirm the loan file contains documentation to evidence the lender considered and verified the borrower has the ability to repay in accordance with the ATR requirements This included identifying whether QM loans met agency exemptions or were underwritten in accordance with Appendix Q. Non QM loans will be reviewed to ensure the lender documented that they considered and verified the 8 underwriting factors as required for ATR compliance. This review also includes evaluating loans against the new TILA prepayment penalty restrictions (Section 43)

○ TILA/RESPA Integrated Disclosures ("TRID")

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Test
 whether or not the loan is subject to disclosure on TRID documents, the Loan Estimate
 ("LE") and Closing Disclosure ("CD")

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Pre-application
 Requirement Testing:

● Pre-application forms cannot look similar to the LE

● Pre-application forms must contain the required disclaimer ("Your actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing a loan").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Timing
 Requirements:

● The LE was delivered or placed in the mail within 3 business days of the broker or lender receiving an application.

● The loan does not consummate (Clayton looks to the later of the note date or notary date) until the later of seven business days after the LE is delivered or placed in the mail and three business days after the CD (or Corrected CD when a new three-day waiting period is triggered) is received.

● That a revised LE or CD is provided within three business days of the lender having knowledge of the information that led to the change.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Fee
 Tolerances:

● Zero and ten percent tolerance fees are only reset with a valid and timely change of circumstance.

● If a credit or refund is made, that it is sufficient to cover Clayton's calculated under-disclosure.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Payment
 Schedule Accuracy:

● The number of columns and timing of changes to payments as well as the mortgage insurance drop-off match Clayton's calculated payment schedule.

● Interest-only periods and final balloon payments are accurately completed.

● The total of the principal and interest payment, mortgage insurance and escrow amounts add up correctly.

● When applicable, that the AIR and AP tables are consistent with Clayton's calculations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Accuracy
 of the Loan Calculations

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● Amount Financed

● Finance Charge

● Total of Payments

● Total interest percentage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Technical
 Requirements

● Compliance with the TRID rounding rules.

● Compliance with specified formatting requirements.

● Compliance with date entry requirements (such as when a field, if not applicable, must be present and left blank).

● Alphabetization of fees.

● Title fees preceded by "Title –."

● Column or similar limits such as four columns for Projected Payments and a maximum of thirteen Origination Charges on the LE.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Consistency
 within and across forms

● Once a fee is disclosed it must remain substantially the same name across disclosures.

● Consistency between the Costs at Closing and Calculating Cash to Close tables, for which there is a version for transactions with a seller and an optional, but not required, version for transactions without a seller. They should be consistent within and across disclosures.

● Where amounts in a table reference that they are derived from another section of the form, that the amounts match the amount in the section referenced.

● Escrow amounts disclosed in the Projected Payments section tie out to the escrow amounts detailed in the Loan Disclosures section.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Completion
 of the LE and CD

● All required fields not specifically listed herein are completed or left blank in accordance with TRID rules; creditor information, contact information, rate lock information, etc.

● For areas where multiple options are provided, such as Assumption, Negative Amortization and Liability after Foreclosure, only one option is indicated.

● That there is either a signature or a Loan Acceptance statement on the form.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Waivers

● Clayton will capture if the borrower waived their waiting period and the sufficiency of the waiver under TRID. However, based on past experience with clients, Clayton will also issue an exception for the loan closing early.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Corrected
 CD requiring a new waiting period

● Whether the APR increased or decreased outside of tolerance requiring a new waiting period and whether that waiting period was provided. For APR decreases Clayton will look to whether the APR decreased due to a reduced finance charge, which will be considered to be within tolerance.

● Whether the product or a product feature changed which requires a new waiting period and whether that waiting period was provided.

● Whether a prepayment penalty was added requiring a new waiting period and whether that waiting period was provided.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Post-Close
 CD's

● Corrected CD's provided with a post-close refund.

● Post-close CD's to correct numerical errors based on events (such as recording) occurring within 30 days of consummation.

● Post-close CD's to correct non-numerical clerical errors required within 60 days of consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Related
 Documentation

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● Provision and timing of Your Home Loan Toolkit (first lien, purchase-money loans)

● Written List of Providers, when there are items in in the Services You Can Shop For category (can impact fee tolerances)

● Affiliated Business Disclosure (can impact fee tolerances)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Outside
 of Clayton's default TRID scope:

● Accuracy of the LE in terms of whether fees are within the correct category and loan terms where we would need a Note to verify. More detailed testing will occur by comparing the final CD to the Note terms.

● Whether the Liability after Foreclosure selection is correct for the property state.

● Accuracy of the Aggregate Adjustment amount.

● Presence and accuracy of the Seller's Transaction columns of the Summaries of Transactions section.

● Accuracy of the Contact Information for the lender, broker and settlement agent. Clayton will look for discrepancies across forms, but is not independently verifying the information.

**C.** **FACTA** - the Credit Score, Key Factors, and Notice to Home Loan Applicant disclosures

**D.** **HMDA** – Whether the loans is Rate Spread threshold reportable.

**<u>STATE, COUNTY and MUNICIPAL LAW</u>**

**A.** **Higher-Priced** 

Clayton test whether a loan meets the thresholds for a higher-priced, rate spread, subprime or nonprime mortgage loan, and whether such loan meets regulatory requirements, in the following states:

---

| | | |
|:---|:---|:---|
| **Higher-Priced** | **Higher-Priced** | **Higher-Priced** |
| &nbsp;&nbsp;California | &nbsp;&nbsp;Maryland | &nbsp;&nbsp;New York |
| &nbsp;&nbsp;Connecticut | &nbsp;&nbsp;Massachusetts (subprime ARMS to first time homebuyers) | &nbsp;&nbsp;North Carolina |
| &nbsp;&nbsp;Maine | &nbsp;&nbsp;Minnesota |  |

---

**B.** **State/Local High Cost** 

Clayton test whether a loan meets the thresholds for a high cost or covered loan in the following states, counties and municipalities, and also tests for compliance with provisions in such laws that apply to all loans subject to high cost testing:

---

| | | |
|:---|:---|:---|
| **State/Local High Cost** | **State/Local High Cost** | **State/Local High Cost** |
| Arkansas | Maine | Pennsylvania |
| &nbsp;&nbsp;California | &nbsp;&nbsp;Maryland | &nbsp;&nbsp;Rhode Island, including the Providence ordinance |
| Colorado | Massachusetts | South Carolina |
| Connecticut | Nevada | Tennessee |
| District of Columbia | New Jersey | Texas |
| Florida | New Mexico | Utah |
| &nbsp;&nbsp;Georgia | &nbsp;&nbsp;New York | &nbsp;&nbsp;Vermont<br> (High Rate, High Point law) |

---

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---

| | | |
|:---|:---|:---|
| **State/Local High Cost** | **State/Local High Cost** | **State/Local High Cost** |
| Illinois, including the Cook County and Chicago ordinances | North Carolina | Wisconsin |
| &nbsp;&nbsp;Indiana | &nbsp;&nbsp;Ohio, including<br> Cleveland Heights ordinance |  |
| Kentucky | Oklahoma | |

---

**C.** **Anti-Predatory** 

Several states have laws that do not create a separate class of high cost or higher-priced mortgage loans, but set APR or finance charge ceilings and may also set forth similar anti-predatory lending restrictions as found in high cost laws. Clayton tests for compliance with such laws in the following states:

● Minnesota (Mortgage Originator and Service Licensing Act)

● Puerto Rico (Office Regulation 5722)

● Texas (Texas Finance Code)

● West Virginia (Residential Mortgage Lender, Broker and Servicer Act).

**D.** **Borrower's Interest** 

Clayton uses a module that reports to the client the factors that the client can weigh to determine whether or not the loan is in the borrower's interest, and also makes a mathematical determination as to whether or not there is at least one benefit. This module is only used in the following states, where the laws or releases by the regulators provide an indication of some standards that can be applied.

---

| | | |
|:---|:---|:---|
| **Borrower's Interest** | **Borrower's Interest** | **Borrower's Interest** |
| Maine | Ohio | South Carolina |
| Massachusetts | Rhode Island | |

---

**E.** **Consumer Protection** 

Several states have laws that neither create a separate class of high cost or higher-priced mortgage loan, nor impose a ceiling on the overall fees or APR, but nonetheless contain requirements and restrictions on mortgage loans that may impact the assignee or the lien. Clayton tests for compliance with such laws, including late charge and prepayment penalty provisions, in the following states and municipalities:

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Consumer Protection** | &nbsp;&nbsp;**Consumer Protection** |
| &nbsp;&nbsp;Alabama (the "Mini-code") | &nbsp;&nbsp;Nebraska (Mortgage Bankers Registration and Licensing Act and the Installment Loan Act) |
| Hawaii (Financial Services Loan Company Act) | Nevada (AB 440 |
| &nbsp;&nbsp;Idaho (Residential Mortgage Practices Act) | &nbsp;&nbsp;Ohio (Consumer Sales Practices Act; whether the loan is in Summit County) |
| &nbsp;&nbsp;Illinois (both versions of the Cook County Predatory Lending Database; Illinois Residential Mortgage Licensing Act) | &nbsp;&nbsp;Texas (Article XVI, Section 50(a)(6) of the Texas Constitution) |

---

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---

| | |
|:---|:---|
| &nbsp;&nbsp;**Consumer Protection** | &nbsp;&nbsp;**Consumer Protection** |
| Iowa (Consumer Credit Code) | Utah (Consumer Credit Code) |
| &nbsp;&nbsp;Kansas (Consumer Credit Code) | &nbsp;&nbsp;Virginia (Mortgage Lender and Broker Act) |
| &nbsp;&nbsp;Kentucky (HB 552) | &nbsp;&nbsp;Washington (Consumer Loan Act and Responsible Mortgage Lending Act) |
| Maryland (DLLR Regulations, Commercial Law) | West Virginia (Consumer Credit Protection Act) |
| Massachusetts (Attorney General regulations) | Wyoming (Residential Mortgage Practices Act) |
| Michigan (Consumer Mortgage Protection Act) |  |

---

See attached Exhibit A - Consumer Protection Laws for additional details on the specific components of the aforementioned Consumer Protection laws that are evaluated as part of the Clayton Compliance Review Scope:

**F.** **Texas Equity** 

In addition to identifying whether Texas refinances are cash out transactions subject to the Texas Constitution Article 16 Section 50(a)(6) requirements, Clayton reviews the title report to confirm prior loans being refinanced are continuous purchase money and not (a)(6) loans. In the event a loan is determined to be a Texas Home Equity loan, the underwriter reviews the loan images to confirm the loan meets the Texas requirements including maximum LTV/CLTV, 3% fee cap, product restrictions and the required disclosures were provided to the borrower in accordance with required timelines.

**<u>GSE Testing</u>**

Clayton can review loans to determine whether they comply with Fannie Mae's and Freddie Mac's Points and Fees threshold tests. These fee limitations of 5% for all loans with application dates prior to 1/10/2014 were reduced to 3% on Primary and Second Homes for applications on or after 1/10/2014. If requested, loans can be reviewed to determine whether the loan is a residential mortgage transaction ineligible for delivery due to its APR or fees exceeding the HOEPA thresholds. Clayton offers Lender Letter and non-traditional mortgage testing for Fannie Mae. (Note: Fannie Mae requires a non-disclosure agreement between the client and Fannie Mae for Clayton to report these results.)

**<u>Disclaimer</u>**

Please be advised that Clayton has not determined whether the Loans comply with federal, state or local laws, constitutional provisions, regulations or ordinances, including, but not limited to, licensing and general usury laws that set rate and/or fee limitations, unless listed above. Clayton's review is focused on issues that raise concerns for secondary market investors and other assignees, based on potential for assignee liability, an adverse impact on the lien, and regulatory, litigation and headline risk. Clayton's review is not designed to fully test a lender's compliance with all applicable disclosure and licensing requirements. Furthermore, the findings reached by Clayton are dependent upon its receiving complete and accurate data regarding the Loans from loan originators and other third parties. Please be further advised that Clayton and its employees do not engage in the practice of law, and the findings set forth in the reports prepared by Clayton do not constitute legal advice or opinions.© 2025 Clayton Services LLC. All rights reserved.

This material is confidential and may not be copied, used, or distributed without the written permission of Clayton Services LLC

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## Exhibit 99.12

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.12**

---

| | |
|:---|:---|
| **Client Name:** | **XXXX** |
| **Client Project Name:** | **COLT 2025-11** |
| **Start - End Dates:** | **9/25/2025 - 10/9/2025** |
| **Deal Loan Count:** | **2** |
| **Conditions Report 2.0** |  |
| ***Loans in Report:*** | *2* |
| ***Loans with Conditions:*** | *0* |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Deal ID** | **TRID Indicator** | **Lender Application Date** | **Broker Application Date** | **Initial Securitization Loan Compliance Grade** | **Final Securitization Loan Compliance Grade** | **Initial S&P Loan Compliance Grade** | **Final S&P Loan Compliance Grade** | **Did Lender Acknowledge Exception at Origination** |
| XXXX | 4350117616 | Yes | XXXX | Not Applicable | N/A | N/A | N/A | N/A | No |
| XXXX | 4350117617 | Yes | XXXX | Not Applicable | A | A | A | A | Not Applicable |

---

## Exhibit 99.13

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.13**

---

| | |
|:---|:---|
| **Client Name:** | **XXXX** |
| **Client Project Name:** | **COLT 2025-11** |
| **Start - End Dates:** | **9/25/2025 - 10/9/2025** |
| **Deal Loan Count:** | **2** |
| **Conditions Report 2.0** |  |
| ***Loans in Report:*** | *2* |
| ***Loans with Conditions:*** | *0* |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Deal ID** | **Original Principal Balance** | **State** | **Initial Lender ATR/QM Status** | **Loan Level ATR/QM Status** | **Initial Securitization Compliance Loan Grade** | **Final Securitization Compliance Loan Grade** | **Initial S&P Compliance Loan Grade** | **Final S&P Compliance Loan Grade** | **Condition Category** | **ConditionSub Category** | **Condition Status** | **Initial Securitization Condition Grade** | **Final Securitization Condition Grade** | **Initial S&P Condition Grade** | **Final S&P Condition Grade** | **Condition Code** | **Condition Description** | **Condition Material Indicator** | **Initial Comments** | **Client/Seller Response Comments** | **Conclusion Comments** | **TRID Error Type** | **Cure Method** | **Compensating Factors** |
| XXXX | 4350117616 | XXXX | XXXX | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS2854: Significant time in profession<br> - XXXX Comments: Significant time in profession, XXXX years.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - XXXX Comments: Post closing reserves $XXXX or XXXX exceeds the 3 months x $XXXX = $XXXX required reserves.<br>CFCFS1744: DTI below guideline requirement<br> - XXXX Comments: 32.75% DTI below guideline requirement of 45%.<br>CFCFS1741: Credit score exceeds guidelines<br> - XXXX Comments: 723 Credit score exceeds guidelines of 660. |
| XXXX | 4350117617 | XXXX | XXXX | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - XXXX Comments: Post close assets are$XXXX or XXXX months PITI. Required reserves are 3 x $XXXX = $XXXX<br>CFCFS1736: Significant time at current residence<br> - XXXX Comments: XXXX years at current residence |

---

## Exhibit 99.14

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.14**

---

| | |
|:---|:---|
| **Client Name:** | XXXX |
| **Client Project Name:** | COLT 2025-11 |
| **Start - End Dates:** | 9/25/2025 - 10/9/2025 |
| **Deal Loan Count:** | 2 |
| **Valuations Summary** |  |
| *Loans in Report:* | *2* |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Deal ID** | **Seller Loan Number** | **Original Balance** | **Sales Price** | **Value For LTV** | **Appraised Date** | **Appraised Value** | **Appraisal Form** | **AVM Vendor Name** | **Confidence Score** | **Review Date** | **Review Value** | **Variance Amount** | **Variance %** | **Review Type** | **Value** | **Variance Amount** | **Variance (%)** | **AVM FSD** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Value** | **Variance Amount** | **Variance %** | **Value** | **Variance Amount** | **Variance (%)** | **Value** | **Variance Amount** | **Variance (%)** | **Value** | **Variance Amount** | **Variance (%)** | **Report Value** | **Variance Amount** | **Variance (%)** | **Value** | **Variance Amount** | **Variance (%)** | **Other - Valuation Type** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **CU / LCA Score** |
| XXXX | 4350117616 |  | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Multi-Fam (Mar 05) |  |  |  | $0.00 |  |  |  | $0.00 | $0.00 | 0.00% | 0.000 |  | $0.00 | $0.00 | 0.00% | $0.00 | $0.00 | 0.00% | $0.00 | $0.00 | 0.00% | $0.00 | $0.00 | 0.00% | $0.00 | $0.00 | 0.00% | $0.00 | $0.00 | 0.00% | $0.00 | $0.00 | 0.00% | 1025 Multi-Fam (Mar 05) | XXXX | XXXX | XXXX | -7.69% | (No Data) |
| XXXX | 4350117617 |  | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  | Not Applicable | $0.00 | $0.00 | 0.00% | 0.000 | XXXX | XXXX | $0.00 | 0.00% | $0.00 | $0.00 | 0.00% | $0.00 | $0.00 | 0.00% | $0.00 | $0.00 | 0.00% | $0.00 | $0.00 | 0.00% | $0.00 | $0.00 | 0.00% | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |

---

## Exhibit 99.15

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.15**

---

| | |
|:---|:---|
| **Client Name:** | XXXX |
| **Client Project Name:** | COLT 2025-11 |
| **Start - End Dates:** | 9/25/2025 - 10/9/2025 |
| **Deal Loan Count:** | 2 |
| **Loan Level Tape Compare Upload** | **Loan Level Tape Compare Upload** |
| *Loans in Report* | *2* |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Deal ID** | **Borrower Last Name** | **Field Name** | **Tape Data** | **Reviewer Data** |
| XXXX | 4350117616 | (No Data) | Property Type | SFR | 2 Family |

---

©2025 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited.

## Exhibit 99.16

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.16**

---

| | |
|:---|:---|
| ![](ex9917001.jpg) | 1 MacArthur Place - Suite 100<br> Santa Ana, CA 92707<br> 800.320.9490<br> ConsolidatedAnalytics.com |

---

**EXECUTIVE SUMMARY**

Third Party Due Diligence Review

**October 28, 2025**

***COLT 2025-11***

Overview

Consolidated Analytics, Inc. a third-party due diligence provider, performed the review described below on behalf of its client, Lone Star Residential Acquisitions, LLC. The review included a total of 4 business purpose, residential mortgage loans, in connection with the securitization identified as COLT 2025-11 (the "Securitization"). The review began on August of 2025, and concluded September of 2025

Scope of Review

**Credit Review**

Consolidated Analytics performed a "Credit Review" to assess conformity with guidelines in effect at the time of loan origination, or other guidelines provided by Client prior to review, and ensure the characteristics used by the underwriter are supported by the file documentation; and determine whether any loans outside of those guidelines contain legitimate and approved exceptions with compensating factors.

The Credit Review attempted to confirm the following:

&nbsp;&nbsp;&nbsp;&nbsp;**(a)** **Credit Documentation:** A review of the documentation underlying the credit decision was performed
 to determine sufficiency for consideration in the Credit Review. The Credit Documentation
 review consisted of the following:

○ **Loan Application:** Complete loan application is present in the loan file for all borrowers/guarantors,

○ **Credit Report:** Credit Report in file for all borrowers and meets guideline seasoning requirements and contains OFAC clearance

○ **Income Documentation / Lease Agreements:** Confirmation of the presence of income documentation in the loan file when required by lender or Client specified underwriting guidelines. For rental properties where existing leases are required to be verified, verify their presence and sufficiency for purpose based on underwriting guideline standards.

○ **Asset Documentation:** Confirmation of presence of asset documentation requirements relative to loan type and guideline requirements for verification of closing funds and reserves.

○ **Borrower/Guarantor Identification:** Verify that the file contains a copy of a government issued identification verification for each borrower (i.e. driver's license, state ID, passport)

○ **Insurance Certificate:** Verify that the loan file contains a copy of the hazard insurance certificate for the subject property and that flood insurance is also documented when required.

○ **Property Valuation:** Confirm the presence of a complete appraisal report and supporting secondary independent estimate of value

○ **Commercial Borrower Organizing Documentation:** Confirm the presence an Operating Agreement, Bylaws, related amendments and filings or other organizing and operating documentation relative to the commercial borrower entity.

○ **Articles of Incorporation/Certificate of Formation:** Confirm that each loan file contains a copy of the Articles of Incorporation establishing registration within the state of operation.

---

| | |
|:---|:---|
| ![](ex9917001.jpg) | 1 MacArthur Place - Suite 100<br> Santa Ana, CA 92707<br> 800.320.9490<br> ConsolidatedAnalytics.com |

---

○ **Certificate of Good Standing:** Confirm that each borrowing entity is active in the state of registration by confirming the presence of a web print out or certification of good standing for the state is in the file.

○ **Borrower Authority / Consent of Members:** Confirm that the loan file contains evidence that the individual executing the loan agreements has been signing authority on behalf of the borrowing entity.

&nbsp;&nbsp;&nbsp;&nbsp;**(b)** **Legal Documentation:** A review of the documentation required to secure the lender's
 interest in the loan and the borrower(s)' obligations thereunder was conducted
 with the purpose of validating their presence in the mortgage loan file and sufficiency
 of execution:

○ **Note/Loan Agreement/Security Instrument/Extension:** Verification of the presence of the note, loan agreement or security instrument as applicable and that the agreement is properly executed by all parties. Confirm that all applicable allonges or addenda to the note are evidenced in the loan file and duly executed by all responsible parties. If the subject loan has reached or is nearing maturity confirm that an extension agreement is present and duly executed by all required parties

○ **Mortgage/Deed of Trust/Assignment of Rents:** Verify that a mortgage or deed of trust is in file and is duly executed and notarized and that it contains all applicable riders including an assignment of rents.

○ **Power of Attorney:** If closing docs are executed by a POA confirm that the POA complies with all applicable underwriting and legal requirements including those for timing, form, authority and execution.

○ **Personal Guaranty:** Verify that the requisite individual ownership percentage of a commercial entity borrower as stipulated within Client or lender underwriting guidelines has provided a personal guaranty for the loan.

○ **Affidavit of Commercial Purpose/Occupancy Certification:** Verify that each file contains a borrower statement verifying that the loan is for commercial purpose and that the subject property will not be owner occupied.

○ **Title Policy:** Confirmation that the file contains evidence of title insurance and that the title is free from material defects that could affect lien position.

○ **Deed for Conveyance of Title:** Confirm that the applicable Grant or Warranty Deed is evidenced in the loan file and properly conveys interest in the subject property

○ **Purchase Contract:** If applicable, confirm the presence of a valid and executed Purchase and Sale Agreement along with any counter offers and modified terms of sale

○ **Settlement Statement:** As applicable based on loan type and origination date, confirm the presence of a final settlement statement in the mortgage loan file

&nbsp;&nbsp;&nbsp;&nbsp;**(c)** **Guidelines:** The underwriting guidelines as specified by Client served as the criteria under which
 each loan qualification review took place. Qualification criteria includes:

○ **Borrower/Guarantor Eligibility:** Review each borrower to ensure that they meet eligibility requirements of underwriting guidelines

○ **Assets:** Validate that the mortgage loan file contains adequately qualified verification of assets to meet underwriting standards

○ **Debt-Service Coverage Ratios "DSCR":** Calculate the debt-service coverage ratio to ensure it meets minimum guideline standards

○ **Credit History:** Review the borrower credit reports and any supplemental credit history documentation to verify whether the borrower met guideline requirements.

---

| | |
|:---|:---|
| ![](ex9917001.jpg) | 1 MacArthur Place - Suite 100<br> Santa Ana, CA 92707<br> 800.320.9490<br> ConsolidatedAnalytics.com |

---

○ **Credit Scores:** Review each borrower/guarantor credit report to validate that the credit score used in qualification is accurate and whether it meets minimum loan qualification and underwriting standards as specified in the underwriting guidelines.

○ **Occupancy:** Confirm that the occupancy of the subject property used for qualification of the loan is accurate and compliant with guideline requirements. Confirm that the borrower has executed an affidavit of commercial/business purpose and that no other documentation that shows the subject property might be a primary residence.

○ **Loan-to-Value Ratios:** Recalculate the Loan-to-Value Ratio utilizing the Purchase Contract, Property Valuations and/or Loan Agreements to determine whether initial, as-is and as-repaired LTV and CLTV meet loan qualification and underwriting guideline standards based on the calculation methods set forth in underwriting guidelines.

○ **Insurance:** Confirm the adequacy of hazard insurance coverage and that premiums are included in PITI calculations. If required based on flood **zone**, confirm the presence and adequacy of flood insurance coverage and that premiums are included in PITI calculations.

○ **Compensating Factors:** Review and validate any compensating factors used in the qualification of the loan and in consideration of loan level underwriting guideline exceptions.

○ **Letters of Explanation:** Confirm the presence of Letters of Explanation (LOX) where required per underwriting guidelines and that each such LOX adequately addresses the eligibility scenario under question.

○ **Exception Approvals:** Confirm that any exceptions to underwriting guidelines and/or investor guideline overlays were fully documented, properly approved, and supported.

○ **Misrepresentation / Fraud Review:** Validate that an independent third-party fraud report was obtained for each guarantor when required by underwriting guidelines and that red flags on third party fraud reports have been reviewed.

**Valuation Review** 

Consolidated Analytics performed a "Valuation Review," which included the following:

&nbsp;&nbsp;&nbsp;&nbsp;a. Review
 the original appraisal and all additional property valuation documentation to determine
 whether source, format and type meet program and guideline eligibility requirements.

&nbsp;&nbsp;&nbsp;&nbsp;b. Confirm
 that the property type is an eligible property type per program standards and underwriting
 guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;c. Confirm
 as applicable that and independent supplemental third-party valuation was received and
 is within allowable tolerance of the original qualifying value.

&nbsp;&nbsp;&nbsp;&nbsp;d. Assess
 rental income schedules.

&nbsp;&nbsp;&nbsp;&nbsp;e. Confirm
 that property standards conform to underwriting guidelines requirements.

&nbsp;&nbsp;&nbsp;&nbsp;f. Determine
 whether the property is completely constructed and the appraisal is on an "as is
 basis," or property is identified as not completely constructed by originating
 appraiser.

&nbsp;&nbsp;&nbsp;&nbsp;g. Review
 and determine whether the appraisal was performed on appropriate form and whether the
 appraiser indicated in the body of the conformity to USPAP standards.

&nbsp;&nbsp;&nbsp;&nbsp;h. Review
 property for functional obsolescence.

&nbsp;&nbsp;&nbsp;&nbsp;i. Where
 applicable, determine if the file did not contain the appraisal or other valuation method
 and a review could not be performed.

---

| | |
|:---|:---|
| ![](ex9917001.jpg) | 1 MacArthur Place - Suite 100<br> Santa Ana, CA 92707<br> 800.320.9490<br> ConsolidatedAnalytics.com |

---

Consolidated Analytics applied a cascade methodology to determine if the original appraised value total was reasonably supported when compared to an independent third-party valuation product. For loans reviewed in a post-close valuation review (4 loans consisting of 4 individual properties), the origination value was based the following products:

---

| | |
|:---|:---|
| **Primary Valuation Product** | **Count** |
| &nbsp;&nbsp;1004 | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;1025 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;**Totals:** | &nbsp;&nbsp;**4** |

---

4 properties were supported by a Desk Review

In summary the final secondary property valuation by product is as follows:

---

| | |
|:---|:---|
| **Secondary Valuation Product** | **Count** |
| &nbsp;&nbsp;Desk Review | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Totals: | &nbsp;&nbsp;4 |

---

Loan level Valuation Grades are based on the cumulative total of origination appraised values for an individual loan compared to the cumulative total of the secondary valuation products. Loans where the cumulative secondary valuation had a negative variance equal to or greater than 10% of the origination appraised value total were provided a Valuation Grade of "C".

Of the 4 loans reviewed, 4 are single property loans.

---

| | |
|:---|:---|
| ![](ex9917001.jpg) | 1 MacArthur Place - Suite 100<br> Santa Ana, CA 92707<br> 800.320.9490<br> ConsolidatedAnalytics.com |

---

Summary of Results

**Final Loan Grades** 

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Overall Grades** |  |  |  |
| &nbsp;&nbsp;Grade | &nbsp;&nbsp;Number of Mortgage<br> Loans | &nbsp;&nbsp;% of Mortgage Loans<br> (by loan count) | &nbsp;&nbsp;Original Principal Balance |
| &nbsp;&nbsp;A | &nbsp;&nbsp;3 | &nbsp;&nbsp;75.00% | &nbsp;&nbsp;$931500.00 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;25.00% | &nbsp;&nbsp;$99750.00 |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$- |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$- |
| &nbsp;&nbsp;**Credit Grades** |  |  |  |
| &nbsp;&nbsp;Grade | &nbsp;&nbsp;Number of Mortgage<br> Loans | &nbsp;&nbsp;% of Mortgage Loans<br> (by loan count) | &nbsp;&nbsp;Original Principal Balance |
| &nbsp;&nbsp;A | &nbsp;&nbsp;3 | &nbsp;&nbsp;75.00% | &nbsp;&nbsp; $931500.00 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;25.00% | &nbsp;&nbsp; $99750.00 |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp; $- |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp; $- |
| &nbsp;&nbsp;**Valuation Grades** |  |  |  |
| &nbsp;&nbsp;Grade | &nbsp;&nbsp;Number of Mortgage<br> Loans | &nbsp;&nbsp;% of Mortgage Loans<br> (by loan count) | &nbsp;&nbsp;Original Principal Balance |
| &nbsp;&nbsp;A | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp; $1031250.00 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp; $- |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp; $- |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp; $- |

---

**Exception Category Summary** 

The table below summarizes the individual exceptions which carried an associated "A", "B", "C", or "D" level exception grade. One loan may have carried more than one exception. In such cases, the exception with the lowest grade would drive the loan grade for that particular area of the review. The overall loan grade is the lowest grade for any one particular review scope (ex. a loan with a Credit Grade of "B" and a Property Grade of "A" would receive an overall Loan Grade of "B").

---

| | |
|:---|:---|
| ![](ex9917001.jpg) | 1 MacArthur Place - Suite 100<br> Santa Ana, CA 92707<br> 800.320.9490<br> ConsolidatedAnalytics.com |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**CATEGORY** | &nbsp;&nbsp;**GRADE** | &nbsp;&nbsp;**FINDING DESCRIPTION** | &nbsp;&nbsp;**COUNT** |
| &nbsp;&nbsp;CREDIT | &nbsp;&nbsp;B | &nbsp;&nbsp;MINIMUM LOAN AMOUNT NOT MET | &nbsp;&nbsp;***1*** |
|  |  | &nbsp;&nbsp;***Total Credit B Grade Findings:*** | &nbsp;&nbsp;***1*** |
|  |  | &nbsp;&nbsp;***Total Credit Findings:*** | &nbsp;&nbsp;***1*** |
| &nbsp;&nbsp;**CATEGORY** | &nbsp;&nbsp;**GRADE** | &nbsp;&nbsp;**FINDING DESCRIPTION** | &nbsp;&nbsp;**COUNT** |
| &nbsp;&nbsp;PROPERTY | &nbsp;&nbsp;B |  | &nbsp;&nbsp;***0*** |
|  |  | &nbsp;&nbsp;***Total Property B Grade Findings:*** | &nbsp;&nbsp;***0*** |
|  |  | &nbsp;&nbsp;***Total Property Findings:*** | &nbsp;&nbsp;***0*** |

---

## Exhibit 99.17

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.17**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Pool ID** | **Deal ID** | **Alternate Loan Number** | **Original Balance** | **Initial Compliance Grade S&P** | **Initial Compliance Grade Fitch** | **Initial Compliance Grade Moodys** | **Initial Compliance Grade KBRA** | **Initial Compliance Grade DBRS** | **Final Compliance Grade S&P** | **Final Compliance Grade Fitch** | **Final Compliance Grade Moodys** | **Final Compliance Grade KBRA** | **Final Compliance Grade DBRS** |
| XXXX | XXXX | 4350117618 | XXXX | XXXX D | N/A | N/A | N/A | N/A | N/A C D | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350117619 | XXXX | XXXX D | N/A | N/A | N/A | N/A | N/A C D B | N/A | N/A | N/A | N/A | N/A B |
| XXXX | XXXX | 4350117620 | XXXX | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350117621 | XXXX | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |

---

## Exhibit 99.18

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.18**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Deal ID** | **Pool ID** | **Alternate Loan Number** | **Original Loan Amount** | **Sales Price** | **Value for LTV** | **LTV** | **Appraised Date** | **Appraised Value** | **Review Type** | **Secondary Appraised Date** | **Secondary Appraised Value** | **Secondary Review Type** | **Report Date** | **Value** | **Variance Amount** | **Confidence Score** | **Variance %** | **Report Date** | **Desk Review Value** | **Desk Review Variance Amount** | **Desk Review Variance %** | **Valuation Type** | **CU Score** | **R&W Eligible** | **Vendor Name** | **ARLTV** | **CARLTV** | **LTC** |
| XXXX | 4350117618 | XXXX | XXXX | XXXX | XXXX | XXXX | 70.00% | XXXX | XXXX | 1004 |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | -7.26% |  | N/A | N/A | XXXX |  |  |  |
| XXXX | 4350117619 | XXXX | XXXX | XXXX | XXXX | XXXX | 75.00% | XXXX | XXXX | 1004 |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | -2.26% |  | N/A | N/A | XXXX |  |  |  |
| XXXX | 4350117620 | XXXX | XXXX | XXXX | XXXX | XXXX | 70.00% | XXXX | XXXX | 1025 |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | -2.11% |  | N/A | N/A | XXXX |  |  |  |
| XXXX | 4350117621 | XXXX | XXXX | XXXX | XXXX | XXXX | 75.00% | XXXX | XXXX | 1004 |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | 0.00% |  | N/A | N/A | XXXX |  |  |  |

---

## Exhibit 99.19

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.19**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Seller Loan ID** | **Deal ID** | **Originator** | **Last Name** | **Note Date** | **Original Balance** | **State** | **TPR QM ATR Status** | **Loan Status** | **Exception Date** | **Remediation Status** | **Exception ID** | **Exception Type** | **Exception Category** | **Exceptions** | **Exception Rebuttal** | **Exception Rebuttal Date** | **Exception Rebuttal Response** | **Exception Rebuttal Response Date** | **Compensating Factors** | **Initial Compliance Grade** | **Final Compliance Grade** | **Initial Compliance Grade (DBRS)** | **Initial Compliance Grade (Fitch)** | **Initial Compliance Grade (KBRA)** | **Initial Compliance Grade (Moody's)** | **Initial Compliance Grade (S&P)** | **Final Compliance Grade (DBRS)** | **Final Compliance Grade (Fitch)** | **Final Compliance Grade (KBRA)** | **Final Compliance Grade (Moody's)** | **Final Compliance Grade (S&P)** |
| XXXX | XXXX | 4350117619 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | ACKNOLWEDGED | XXXX | CREDIT | MINIMUM LOAN AMOUNT NOT MET | $XXXX LOAN AMOUNT < $100,000.00 MINIMUM REQUIRED | XXXX | XXXX | XXXX/XXX: Approved by XXXX, FICO higher than 740, monthly reserves is verified and at least 4 months more than<br> guideline minimum | XXXX | D B C A | N/A | N/A D C | N/A D C | N/A D C | N/A D C | N/A D C | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | XXXX | 4350117618 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | PROVIDED PRELIMINARY HUD DOES NOT MATCH THE LOAN AMOUNT | XXXX | XXXX | XXXX/CA: RECEIVED | XXXX | D A C | N/A | N/A D C | N/A D C | N/A D C | N/A D C | N/A D C | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350117618 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | HAZARD INSURANCE MISSING OR DEFECTIVE | MISSING EVIDENCE XXXX IS AN AFFILIATE OF XXXX. PROVIDED FLOOD AND HAZARD INSURANCE REFLECT: XXXX AS LENDER NAME ON MORTGAGEE CLAUSE | XXXX | XXXX | XXXX/CA: RECEIVED | XXXX | D A C | N/A | N/A D C | N/A D C | N/A D C | N/A D C | N/A D C | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350117618 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | PROPERTY | APPRAISAL MISSING OR DEFECTIVE | INSUFFICIENT APPRAISAL. PROVIDED APPRAISAL WAS NOT ORDERED THROUGH AN AMC | XXXX | XXXX | XXXX/CA: RECEIVED | XXXX | D A C | N/A | N/A D C | N/A D C | N/A D C | N/A D C | N/A D C | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350117619 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | GUARANTOR IDENTIFICATION MISSING OR DEFECTIVE | MISSING GUARANTOR ID | XXXX | XXXX | XXXX/CA: RECEIVED | XXXX | D B A C | N/A | N/A D C | N/A D C | N/A D C | N/A D C | N/A D C | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | XXXX | 4350117619 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | SIGNIFICANT DEROGATORY CREDIT EVENT – REQUIREMENT NOT MET | FELONY CONVICTION - XXXX TO OPINE ON FELONY CONVICTIONS WITH DESCRIPTION: THEFT OF SERVICES-ACQUIS OF SERVICE | XXXX | XXXX | XXXX/CA: RECEIVED LOE DETAILING CHARGE WAS IN REGARDS OF DUMPING TRASH INTO A DUMPSTER | XXXX | D B C A | N/A | N/A D C | N/A D C | N/A D C | N/A D C | N/A D C | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | XXXX | 4350117619 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | APPRAISAL REVIEW - MISSING | INSUFFICIENT APPRAISAL REVIEW. PROVIDED APPRAISAL REVIEW IS NOT FROM AN APPROVED VENDOR. PROVIDE UPDATED APPRAISAL REVIEW | XXXX | XXXX | XXXX/CA: RECEIVED XXXX | XXXX | D B C A | N/A | N/A D C | N/A D C | N/A D C | N/A D C | N/A D C | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | XXXX | 4350117619 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | PROPERTY | APPRAISAL MISSING OR DEFECTIVE | INSUFFICIENT APPRAISAL. PROVIDED 1004 REFLECTS TENANT OCCUPANCY. PROVIDED 1007 REFLECTS NO LEASE RENTS | XXXX | XXXX | XXXX/CA: RECEIVED | XXXX | D B C A | N/A | N/A D C | N/A D C | N/A D C | N/A D C | N/A D C | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | XXXX | 4350117621 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | MARKET RENT - MISSING OR DEFECTIVE | MISSING RENT REVIEW | XXXX | XXXX | XXXX/CA: RECEIVED | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350117621 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | PROPERTY | APPRAISAL REVIEW - MISSING | MISSING APPRAISAL REVIEW | XXXX | XXXX | XXXX/CA: RECEIVED | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350117620 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | ENTITY DOCUMENTATION - MISSING OR DEFECTIVE | MISSING OPERATING AGREEMENT FOR ENTITY: XXXX | XXXX | XXXX | XXXX/CA: RECEIVED | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350117621 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | CREDIT EVENT – REQUIREMENT NOT MET | MISSING EVIDENCE OF 24 MONTHS OF EMPLOYMENT. GUARANTOR IS A NON-PERMANENT RESIDENT ALIEN | XXXX | XXXX | XXXX/CA: RECEIVED CONFIRMATION GUARANTOR IS A FOREIGN NATIONAL | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350117621 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | BACKGROUND CHECK MISSING OR DEFECTIVE | MISSING LIEN AND FORECLOSURE REPORT. PROVIDED BACKGROUND CHECK ONLY REFLECTS CRIMINAL FINDINGS | XXXX | XXXX | XXXX/CA: RECEIVED CONFIRMATION GUARANTOR IS A FOREIGN NATIONAL | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350117619 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | ACH MISSING OR DEFECTIVE | MISSING ACH AUTHORIZATION FORM. PROVIDED FORM IS NOT FILLED OUT | XXXX | XXXX | XXXX/CA: RECEIVED CONFIRMATION FROM XXXX OKAY TO ACCEPT PAYMENT RESERVE IN PLACE OF ACH | XXXX | D B A C | N/A | N/A D C | N/A D C | N/A D C | N/A D C | N/A D C | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | XXXX | 4350117618 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | LOAN AGREEMENT MISSING OR DEFECTIVE | MISSING LENDER-SIGNED LOAN AGREEMENT. PROVIDED LOAN AGREEMENT IS NOT SIGNED BY LENDER | XXXX | XXXX | XXXX/CA: RECEIVED | XXXX | D A C | N/A | N/A D C | N/A D C | N/A D C | N/A D C | N/A D C | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350117620 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | LOAN AGREEMENT MISSING OR DEFECTIVE | MISSING LOAN AGREEMENT | XXXX | XXXX | XXXX/CA: RECEIVED CONFIRMATION COUNTERPARTY DOES NOT PROVIDE LOAN AGREEMENTS | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |

---

## Exhibit 99.20

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.20**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Deal ID** | **Investor Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** | **Response** |
| XXXX | XXXX | 4350117618 |  | CASH OUT AMOUNT | XXXX | XXXX | PER HUD |  |
| XXXX | XXXX | 4350117620 |  | CASH OUT AMOUNT | XXXX | XXXX | PER HUD |  |
| XXXX | XXXX | 4350117618 |  | HAZARD INSURANCE PREMIUM | XXXX | XXXX | PER HOI IN FILE |  |
| XXXX | XXXX | 4350117619 |  | HAZARD INSURANCE PREMIUM | XXXX | XXXX | PER HOI IN FILE |  |
| XXXX | XXXX | 4350117620 |  | HAZARD INSURANCE PREMIUM | XXXX | XXXX | PER HOI IN FILE |  |
| XXXX | XXXX | 4350117621 |  | HAZARD INSURANCE PREMIUM | XXXX | XXXX | PER HOI IN FILE |  |
| XXXX | XXXX | 4350117618 |  | PITIA | XXXX | XXXX | DISCREPANCY CARRIED FORWARD |  |
| XXXX | XXXX | 4350117619 |  | PITIA | XXXX | XXXX | DISCREPANCY CARRIED FORWARD |  |
| XXXX | XXXX | 4350117620 |  | PITIA | XXXX | XXXX | DISCREPANCY CARRIED FORWARD |  |
| XXXX | XXXX | 4350117621 |  | PITIA | XXXX | XXXX | DISCREPANCY CARRIED FORWARD |  |
| XXXX | XXXX | 4350117618 |  | PURCHASE PRICE | XXXX | XXXX | REFINANCE |  |
| XXXX | XXXX | 4350117620 |  | PURCHASE PRICE | XXXX | XXXX | REFINANCE |  |
| XXXX | XXXX | 4350117621 |  | PURCHASE PRICE | XXXX | XXXX | PURCHASE |  |
| XXXX | XXXX | 4350117618 |  | QUALIFYING RENT | XXXX | XXXX | PER LEASES AND MARKET RENTS IN FILE |  |
| XXXX | XXXX | 4350117619 |  | QUALIFYING RENT | XXXX | XXXX | PER LEASES AND MARKET RENTS IN FILE |  |
| XXXX | XXXX | 4350117620 |  | QUALIFYING RENT | XXXX | XXXX | PER LEASES AND MARKET RENTS IN FILE |  |
| XXXX | XXXX | 4350117621 |  | QUALIFYING RENT | XXXX | XXXX | PER LEASES AND MARKET RENTS IN FILE |  |
| XXXX | XXXX | 4350117618 |  | TAXES | XXXX | XXXX | PER TAX CERT |  |

---

## Exhibit 99.21

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.21**

**EXECUTIVE SUMMARY**

COLT 2025-11

**Overview**

Maxwell Diligence Solutions, LLC ("MaxDiligence"), a third-party diligence provider, performed certain due diligence services (the "Review") described below on residential mortgage loans acquired by Lone Star Residential Acquisitions, LLC (the "Client").

The Review was conducted from August 2025 to October 2025 on mortgage loans (the "Loans") originated from June 2025 to October 2025. The review consisted of 100% of the population of 111 loans with an original loan balance of $64,247,895.00.

**Scope of Review**

**Credit Review**

MaxDiligence performed a "Credit Review" to verify compliance with guidelines in effect at the time of loan origination, or other guidelines provided by Client prior to review, and ensure the characteristics used by the underwriter are supported by the file documentation; and determine whether any loans outside of those guidelines contain legitimate and approved exceptions with compensating factors.

The credit review included the following (collectively, the "Credit Review"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Review Initial & Final Application</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Check
 application for completeness. Determine whether the information in the preliminary Loan
 application, final application, and all credit documents is consistent or reconciled.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Validate
 Social Security/Taxpayer Identification number is valid

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Compare
 data on final form 1003 with the data from verifications

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Form
 is complete, signed, dated, on or before loan consummation date, and NMLS is complete

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>Review AUS Decision and Approval Conditions</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Underwriting
 decision is supported (manual underwrite credit conditions have been satisfied prior
 to closing the approved Loan package)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Validation
 of income calculations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Validation
 of assets/funds to close

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Validation
 of debt to income ratios ("DTI") calculations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Validation
 of debt service coverage ratio ("DSCR") calculations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Validation
 of LTV calculations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Validation
 of payment shock calculations if applicable

![](ex9922001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. DSCR
 Loans

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Review
 of hazard coverage and verification that sufficient coverage was in place on subject
 and all premiums were included in DSCR calculation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Mortgage
 insurance certificate was in file, if applicable, and coverage was sufficient, and premium
 was included in DSCR

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Review
 of rental income and/or market rents and validation of DSCR calculation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>Review Occupancy/Red Flags</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Validates
 Social Security number and year issued

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Verifies
 address information associated with the borrower (s)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Occupancy
 is supported

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Occupancy
 red flags adequately addressed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>Reverification of Borrower Original and Audit Credit Report</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Validate
 names, social security number(s), and addresses

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. "Doing
 business as" or "also known as" names investigated and cleared

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Validate
 credit inquiries within 90 days have been properly addressed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Acceptable
 credit history and credit score requirements in conformance with applicable guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Reviews Fraud Report to compare vs loan documentation:</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Validates
 Social Security number and year issued

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Verifies
 address information associated with the Borrower (s)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Confirms
 OFAC clearances

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Reveals
 any potential bankruptcy filings

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>Review of Borrower Employment, Income, and Asset Information</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Employment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Compare
 for conflicting information

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Check
 dates for document expiration

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Complete
 forms and documentation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Evaluate
 history and stability of employment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Review
 employment and income by analyzing income documents and comparing against re-verification
 documents

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. W-2s
 and Paystubs, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Transcripts
 (as applicable) support income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Tax
 Returns and Profit and Loss Statements, as applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Bank
 Statements or other Alternate Income documents as required by the guidelines

![](ex9922001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Consistent/Continuing
 Employment, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Rental
 Income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Compare
 for conflicting information

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Check
 dates for document expiration

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Review
 rental income or DSCR by analyzing income documents and comparing against re-verification
 documents

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Leases,
 proof of rent received, 3rd party market rent validation, as applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Proof
 of Short Term rents received, as per guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Assets

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Confirm
 adequate funds to cover required down payment and closing costs and reserves

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Check
 dates for document expiration

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Sufficient
 funds were sourced and seasoned

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Gift
 funds verified and met guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. <u>Review Sales Contract</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Complete
 and executed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Earnest
 Money Deposit verified

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Parties
 are consistent

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Seller
 contributions are within guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. <u>Hazard and Flood (if applicable)</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Verify
 sufficient coverage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Verify
 coverage is for subject

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Validate
 all premiums are included in DTI and any required upfront premium is paid

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <u>Mortgage Insurance (if applicable)</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Certificate
 in file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Sufficient
 Coverage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Premium
 indicated and included in DTI

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <u>Review Title Commitment/Policy</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Vesting
 correct

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Lien
 position

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Legal
 description

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Validate
 no encumbrances

![](ex9922001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. <u>Review Closing Documents</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review
 security documents to ensure the Loan was closed in accordance with approval and with
 all required signatures and NMLS identifiers

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Correct
 and complete instruments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Closing
 Disclosure or Settlement Statements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Right
 to Cancel (if applicable)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12. <u>Qualified Mortgage / Ability-to-Repay Review</u> 

Loans with application dates after January 10, 2014 and prior to October 1, 2022 are subject to the Qualified Mortgage ("QM") rule and the Ability to Repay ("ATR") rule under Regulation Z of the Truth in Lending Act, as amended. Effective October 1, 2022, loans with application dates on or after such date must comply with the General QM Final Rule, as well as the ATR rule. For these Loans, MaxDiligence will (a) confirm that the creditor provided a QM designation and (b) review the Loan for the eight (8) underwriting factors set forth Section 12(E)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. MaxDiligence
 reviewed each mortgage loan to determine each mortgage loan's status under the
 QM and ATR rule requirements and assign a QM and ATR designation as determined by MaxDiligence.
 MaxDiligence will note as a material exception if its QM and ATR designations do not
 confirm to the originator's original QM and ATR designations. Additionally, MaxDiligence
 will note if an originator's mortgage loan designation was not provided. MaxDiligence
 shall use the following designations:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. MaxDiligence
 utilizes the following QM designations for applicable loans:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) QM
 Safe-Harbor (also known as General QM)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) QM
 Rebuttal Presumption (including Higher-priced loans)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) Temporary
 QM (for all applications prior to October 1, 2022)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) Non-QM

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. MaxDiligence
 utilizes the following ATR designations for applicable loans:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) ATR
 Compliant

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) ATR
 Fail

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) ATR
 Exempt

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. In
 order to determine the QM designation, as applicable, MaxDiligence will review each Loan
 for the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Use
 of any risky mortgage loan features and terms (e.g. an interest only feature or negative
 amortization);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Do
 the "points and fees" exceed the applicable QM threshold;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Was
 monthly payment calculated appropriately;

![](ex9922001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Did
 the creditor considered and verify income or assets at or before consummation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Did
 the creditor appropriately considered debt obligations, alimony and child support;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. For
 mortgage loan applications prior to October 1, 2022, if the DTI ratio exceeded 43% (calculated
 in accordance with Appendix Q to Regulation Z).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. For
 mortgage loan applications on and after October 1, 2022, for which the annual percentage
 rate does not exceed the average prime offer rate for a comparable transaction as of
 the date the interest rate is set by the amounts specified based on loan amount (adjusted
 annually on January 1 by the annual percentage change in the Consumer Price Index for
 All Urban Consumers (CPI-U) that was reported on the preceding June 1) and the lien position
 of the proposed credit:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) For
 a first-lien covered transaction with a loan amount greater than or equal to $110,260
 (indexed for inflation), 2.25 or more percentage points; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) For
 a first-lien covered transaction with a loan amount greater than or equal to $66,156
 (indexed for inflation) but less than $110,260 (indexed for inflation), 3.5 or more percentage
 points; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) For
 a first-lien covered transaction with a loan amount less than $66,156 (indexed for inflation),
 6.5 or more percentage points; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) For
 a first-lien covered transaction secured by a manufactured home with a loan amount less
 than $110,260 (indexed for inflation), 6.5 or more percentage points; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e) For
 a subordinate-lien covered transaction with a loan amount greater than or equal to $66,156
 (indexed for inflation), 3.5 or more percentage points; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f) For
 a subordinate-lien covered transaction with a loan amount less than $66,156 (indexed
 for inflation), 6.5 or more percentage points.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Upon
 completion of Section 12(B) above, if a Loan is determined to be a QM loan, MaxDiligence
 will determine if the Loan is a Higher-Priced Mortgage Loan ("HPML") as defined
 by 12 CFR 1026.35:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If
 the Loan is HPML, then the Loan shall be designated as QM Rebuttal Presumption (Higher
 Priced);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. If
 the Loan is not an HPML, then the Loan shall be designated as QM Safe Harbor.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Upon
 completion of Section 12(B) above, for each Loan that is designated as Non-QM, MaxDiligence
 then will determine whether the mortgage loan complies with the ATR rule, in accordance
 with the Guidelines.

![](ex9922001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. MaxDiligence
 will evaluate the Loan for ATR compliance based on the following eight factors and will
 verify such information using reasonably reliable third-party records, at or before consummation:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Income
 / Assets: Recalculate borrower(s)'s monthly gross income, and validate funds required
 to close and required reserves, to confirm that the borrower has current or reasonably
 expected income or assets (other than the value of the property that secures the Loan)
 that the borrower will rely on to repay the Loan. Review Loan documentation for required
 level of income and asset verifications.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Employment:
 Review file documentation for required level of employment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Monthly
 Mortgage Payment: Confirm that the correct program, qualifying rate, and terms were used
 to calculate projected monthly mortgage payment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Simultaneous
 Loans: Ensure that all concurrent Loans were included in the DTI calculation, to properly
 assess the ability to repay.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Mortgage-Related
 Obligations: Validate that the subject Loan's monthly payment calculation includes
 principle, interest, taxes, and insurance, as well as other costs related to the property
 such as homeowners' association fees, private mortgage insurance, ground rental
 fees, etc.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Debts
 / Obligations: Validate monthly recurring non-mortgage-related liabilities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. DTI
 / Residual Income - Validate DTI or "residual income," based upon all mortgage
 and non-mortgage obligations, calculated as a ratio of gross monthly income, based on
 documentation provided in the file.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Credit
 History: Review credit report for credit history and required credit depth, including
 any / all inquiries, and determine a representative credit score from the credit report.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Upon
 completion of Section 12(E) above, MaxDiligence will assign an ATR designation.

**Property Review**

MaxDiligence performed a "Property Review," which included the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Property Review</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. MaxDiligence's
 review included a review of the valuation materials utilized during the origination of
 the loan and in confirming the value of the underlying property. MaxDiligence's
 review will include verifying the appraisal report:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. On
 the appropriate GSE form:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. All
 elements of appraisal are present

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Ensure
 all applicable Loan documents match appraisal information

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Property
 is acceptable collateral for Loan program

![](ex9922001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Completed
 by an appraiser that was actively licensed to perform the valuation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Completed
 such that the named client on the appraisal report is the lender or a related entity
 that is permitted to engage the lender per Title XI of FIRREA, or if the appraisal was
 performed for another lender, the file contains a transfer letter from the original lender

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. The
 original appraisal report is made and signed prior to the final approval of the mortgage
 loan application; Any revisions, if made known to MaxDiligence, to the original report
 are documented and dated completed and dated within the guideline's restrictions,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. The
 original appraisal is 'As is' or Inspection received including all inspections,
 licenses, and certificates (including certificates of occupancy) to be made or issued
 with respect to all occupied portions of the mortgaged property and with respect to the
 use and occupancy of the same, have been made or obtained from the appropriate authorities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Determine
 whether the appraised value is supported at or within 10% variance based on a third-party
 valuation product. If a third-party valuation product is in file but notes a variance
 above 10% or an inconclusive value, MaxDiligence recommended a BPO or field review be
 ordered.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ix. With
 regard to the use of comparable properties, MaxDiligence's review will (a) reviewed
 the relative comparable data (gross and net adjustments, sale dates and distance from
 subject property) and ensure that such comparable properties are within standard appraisal
 guidelines; (b) confirmed the property value and square footage of the subject property
 was bracketed by comparable properties, (c verified that comparable properties used are
 similar in size, style, and location to the subject, and (d) checked for the reasonableness
 of adjustments when reconciling value between the subject property and comparable properties.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Other
 aspects of MaxDiligence's review included (i) verifying that the address matched
 the mortgage note, ((ii) if requested, noting whether the property zip code was declared
 a FEMA disaster area after the valuation date and notifying the Client of same, (iii)
 confirming the appraisal report does not include any apparent environmental problems,
 (iv) confirming the appraisal notes the current use of the property is legal or legal
 non-conforming (grandfathered), (v) reviewing pictures to ensure (a) that the property
 is in average or better condition and any repairs are noted where required and (b) that
 the subject property is the one for which the valuation was ordered and that there are
 no negative external factors; and (vi) confirming that the value product that was used
 as part of the origination decision conforms with rating agency requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. If
 more than one valuation was provided, MaxDiligence will confirm consistency among the
 valuation products and if there are discrepancies that could not be

![](ex9922001.jpg)

---

| | |
|:---|:---|
|  | resolved, MaxDiligence will create an exception and work with the client on the next steps which may include ordering of additional valuation products such as collateral desktop analyses, broker's price opinions, and full appraisals. If the property valuation products included in MaxDiligence's review result in a variance of more than 10% then the client will be notified of such variance. |
| d. | MaxDiligence confirmed to the extent possible, that the appraiser and the appraisal made by such appraiser both satisfied the requirements of Title XI of FIRREA. Specifically, MaxDiligence will review the appraisal for conformity to industry standards, including ensuring the appraisal was complete, that the comparable properties and adjustments were reasonable and that pictures were provided and were accurate. |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. In
 addition, MaxDiligence accessed the ASC database to verify that the appraiser, and if
 applicable the appraiser's supervisor, were licensed and in good standing at the
 time the appraisal was completed.

**Compliance Review**

"Compliance Review" means that MaxDiligence reviewed each Loan to determine, as applicable and subject to the limitations below, whether the Loan complied with the applicable Federal, State, and local regulatory requirements, each as amended. A Compliance Review shall not apply to business purpose loans.

The below Compliance Review is applicable to Loans with an application date on or after October 3, 2015, which are subject to the TILA/RESPA Integrated Disclosure Rule ("<u>TRID</u>"). With regard to TRID testing, MaxDiligence implemented the TRID scope of review as detailed in (i) Section III -Regulatory Compliance of the SFA RMBS TRID Grid 4.0 Compliance Review Scope published by the Structured Finance Association (formerly SFIG) (the "SFA RMBS Compliance Review Scope") and (ii) outside counsel's interpretations of the published regulations as of the date of review of each mortgage loan. On an ongoing basis, MaxDiligence reviews updated interpretations of TRID through informal guidance provided by the Consumer Financial Protection Bureau ("CFPB"), such CFPB guidance may cause changes in the review scope and severity of TRID related exceptions, including applicable cures. While MaxDiligence continues to make a good faith effort to identify material TRID exceptions and apply the appropriate grading, the implementation of new regulations (including TRID) that impact residential mortgages carries certain interpretive risk and continues to evolve, impacting the review scope and exception severity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Loan Estimates ("LEs")</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review
 the Initial LE and confirm (i) the correct form was used; (ii) all sections of the Initial
 LE are completed; and (iii) the Initial LE accurately reflects the information provided
 to MaxDiligence

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. If
 there is a Revised LE, confirm (i) that there is a "valid reason" for the
 Revised LE; and (ii) that the Revised LE was issued within three (3) days of the change.

![](ex9922001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Determine
 which LE in the file is the "final binding" LE for the purpose of Tolerance
 Testing. A Revised LE that is issued after the CD, or that does not state a valid reason
 will not be used for the purposes of Tolerance Testing. All revised LEs issued to the
 consumer will be reviewed for accuracy of terms.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Confirm
 initial LE was delivered within three (3) Business Days from the application date, and
 at least seven (7) Business Days prior to the consummation date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Confirm
 revised LE was delivered within three (3) Business Days from date of the "valid
 reason" giving rise to the Revised LE, and at least four (4) Business Days prior
 to the consummation date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Confirm
 that certain sections of each LE determined to carry assignee liability were accurately
 completed and that information was reflected in the appropriate locations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>Closing Disclosures ("CDs")</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review
 the CD review and confirm (i) the correct form was used; (ii) all sections of the CD
 are completed; and (iii) the CD accurately reflects the information provided to MaxDiligence.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. If
 a subsequent CD is issued, confirm (i) that there was a valid reason for the change;
 (ii) that the CD was issued within three (3) days of the change; and (iii) whether the
 reason for the change requires a new 3-day waiting period prior to the consummation date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Confirm
 Initial CD, and any subsequent CD with material changes (i.e. changes that require a
 new waiting period), was received at least three (3) Business Days prior to the consummation
 date. With respect to applicable exception remediation measures for numerical exceptions,
 confirm that a letter of explanation, as well as a refund as applicable, was delivered
 or placed in the mail no later than 60 days after discovery of the exception establishing
 the need for a revised CD or with respect to exception remediation measures for non-numerical
 exceptions, that a corrected CD was delivered or placed in the mail no later than 60
 days after consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>Federal Truth in Lending Act</u> ("TILA"), as implemented by Regulation Z, 12 C.F.R.
 Part 1026, as set forth below:

Rescission

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Failure
 to provide the right of rescission notice;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. failure
 to provide the right of rescission notice in a timely manner and to the correct consumer(s);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. errors
 in the right of rescission notice;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. failure
 to provide the correct form of right of rescission notice;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. failure
 to provide the three (3) Business Day rescission period; and

![](ex9922001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. any
 material disclosure violation on a rescindable loan that gives rise to the right of rescission
 under TILA, which means the required disclosures of the annual percentage rate, the finance
 charge, the amount financed, the total of payments, the payment schedule, the HOEPA disclosures;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>Tolerance Testing</u>. Compare the fees disclosed in the final binding LE to those in the final
 CD, and confirm that final CD fees are within the permitted tolerances. Confirm the total
 of payments are considered accurate as defined by Regulation Z. Confirm Finance Charge
 tolerances are correct.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Subsequent Changes</u>. Review the file to determine (i) whether there is evidence that certain
 changes or errors (per the regulation) were discovered subsequent to closing, (ii) and
 whether the Loan originator followed the prescribed cure. Test for evidence such as a
 copy of the refund check, or a corrected, post-consummation CD (" <u>PCCD</u> "),
 and iii) with respect to applicable exception remediation measures for numerical exceptions,
 confirm that a letter of explanation, as well as a refund as applicable, was delivered
 or placed in the mail no later than 60 days after discovery of the exception establishing
 the need for a revised CD or with respect to exception remediation measures for non-numerical
 exceptions, that a corrected CD was delivered or placed in the mail no later than 60
 days after consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>Loan Toolkit (§1026.19)</u>:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Confirm
 the presence of Your Home Loan Toolkit in the mortgage loan file or that the mortgage
 loan file contains documentary evidence that the disclosure was provided to the borrower;
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Confirm
 Your Home Loan Toolkit was delivered or placed in the mail not later than three (3) Business
 Days after receipt of application.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. <u>TILA</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. <u>High-cost Mortgage (§§1026.31, 32 and 33):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Points
 and fees threshold test;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. APR
 threshold test;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Prepayment
 penalty test; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Compliance
 with the disclosure requirements, limitation on terms and prohibited acts or practices
 in connection with a high-cost mortgage.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. <u>Higher-priced Mortgage Loan (§1026.35):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. APR
 threshold test; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Compliance
 with the escrow account and appraisal requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. With
 respect to brokered mortgage loans, the Prohibitions and Restrictions related to Loan
 Originator Compensation and Steering (§1026.36):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Review
 relevant documentation to determine if compensation to a Loan Originator was based on
 a term of the transaction;

![](ex9922001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Review
 relevant document to determine if there was dual compensation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Review
 the presence of the mortgage loan option disclosure and to determine if the Steering
 Safe Harbor provisions were satisfied.

● Note: Where available, MaxDiligence reviewed the relevant documents in the mortgage loan file and, as necessary, attempted to obtain the mortgage loan originator compensation agreement and/or governing policies and procedures of the mortgage loan originator. In the absence of the mortgage loan originator compensation agreement and/or governing policies and procedures, MaxDiligence's review was limited to formal general statements of entity compliance provided by the mortgage loan originator, if any. These statements, for example, were in the form of a letter signed by the seller correspondent/mortgage loan originator or representations in the mortgage loan purchase agreement between the Client and seller correspondent;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. <u>Homeownership counseling (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Determine
 if the creditor obtained proof of homeownership counseling in connection with a mortgage
 loan to a first-time homebuyer that contains a negative amortization feature.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. <u>Mandatory Arbitration Clauses (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Determine
 if the terms of the mortgage loan require arbitration or any other non-judicial procedure
 to resolve any controversy or settle any claims arising out of the transaction.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. <u>Prohibition on Financing Credit Insurance (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Determine
 if the creditor financed, directly or indirectly, any premiums or fees for credit insurance
 in jurisdictions where it is prohibited.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. <u>Nationwide Mortgage Licensing System (NMLS) & Registry ID on Loan Documents (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Review
 for presence of mortgage loan originator organization and individual mortgage loan originator
 name and NMLSR ID, as applicable, on the credit application, note or mortgage loan contract,
 security instrument, Loan Estimate and Closing Disclosure; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Verify
 the data against the NMLSR database, as available.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. <u>RESPA</u>:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. <u>Additional RESPA/Regulation X Disclosures and Requirements (§1024.6, 15, 17, 20, and 33):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Confirm
 the presence of the Servicing Disclosure Statement form in the mortgage loan file;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Verify
 the Servicing Disclosure Statement was provided to the borrower(s) within three (3) Business
 Days of application;

![](ex9922001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Confirm
 the presence of the Your Home Loan Toolkit/Special Information Booklet in the mortgage
 loan file or that the mortgage loan file contains documentary evidence that the disclosure
 was provided to the borrower;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Confirm
 the Your Home Loan Toolkit /Special Information Booklet was provided within three (3)
 Business Days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Confirm
 the presence of the CHARM booklet when applicable;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Confirm
 that the CHARM booklet was issued within three (3) Business Days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. Confirm
 the presence of the Affiliated Business Arrangement Disclosure in the mortgage loan file
 in the event the lender has affiliated business arrangements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Confirm
 the Affiliated Business Arrangement Disclosure was provided no later than three (3) Business
 Days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ix. Confirm
 the Affiliated Business Arrangement Disclosure is executed;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Confirm
 the presence of the Initial Escrow Disclosure Statement in the mortgage loan file and
 proper timing;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;xi. Confirm
 that the creditor provided the borrower a list of homeownership counselling organizations
 within three (3) Business Days of application; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;xii. Confirm
 that the list of homeownership counselling organizations was obtained no earlier than
 30 days prior to when the list was provided to the mortgage loan applicant.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <u>ECOA</u>:
 The Equal Credit Opportunity Act, as implemented by Regulation B, 12 C.F.R. Part 1002,
 as set forth below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. <u>Providing Appraisals and Other Valuations (12 C.F.R. 1002.14):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Timing
 and content of the right to receive copy of appraisal disclosure;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Charging
 of a fee for a copy of the appraisal or other written valuation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Timing
 of creditor providing a copy of each appraisal or other written valuation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. iv)
 With respect to a borrower that has waived the three (3) Business Day disclosure requirement,
 confirm that (a) the borrower has signed the waiver or other acknowledgment at least
 three (3) Business Days prior to consummation; and (b) that the lender has provided copies
 of appraisals and other written valuations at or prior to consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <u>Other Provisions</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Texas:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas
 Constitution and associated regulations;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Fed/State/Local
 Predatory Lending:

![](ex9922001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 disclosure requirements and prohibitions of state, county and municipal laws and ordinances
 with respect to "high-cost" mortgage loans, "covered" mortgage
 loans, "higher-priced" mortgage loans, "home" mortgage loans
 or any other similarly designated mortgage loan as defined under such authorities, or
 subject to any other laws that were enacted to combat predatory lending, as may have
 been amended from time to time;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Prepay
 Penalties and Late Fees:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Federal
 and state specific late charge and prepayment penalty provisions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. <u>Exclusions</u>.
 MaxDiligence will not test:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Loan
 types that are excluded from compliance with TRID.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Technical
 formatting of disclosures.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Other
 Post-consummation disclosures, including Escrow Closing Notice; and Mortgage servicing
 transfer and partial payment notices.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. For
 Loans made by an FDIC-supervised institution or servicer, extended or renewed on or after
 January 1, 2016, whether prohibited fees were collected prior to the initial LE being
 issued

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Whether
 any fee is a "bona fide" fee for third-party services

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Whether
 the loans comply with all federal, state or local laws, constitutional provisions, regulations
 or ordinances that are not expressly enumerated above.

**Summary of Results**

**OVERALL RESULTS SUMMARY** 

After giving consideration to the grading criteria of the relevant NRSROs, 100% of the loans received a grade "B" or higher with 66.67% of the pool receiving an overall "A" grade.

**Final Loan Grades**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Rating Agency Final Overall Grade Summary** | &nbsp;&nbsp;**Rating Agency Final Overall Grade Summary** | &nbsp;&nbsp;**Rating Agency Final Overall Grade Summary** |
| &nbsp;&nbsp;**Overall** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;74 | &nbsp;&nbsp;66.67% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;37 | &nbsp;&nbsp;33.33% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**111** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Final Credit Grade Summary** | &nbsp;&nbsp;**Final Credit Grade Summary** | &nbsp;&nbsp;**Final Credit Grade Summary** |
| &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |

---

![](ex9922001.jpg)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;A | &nbsp;&nbsp;75 | &nbsp;&nbsp;67.57% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;36 | &nbsp;&nbsp;32.43% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**111** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Final Property Grade Summary** | &nbsp;&nbsp;**Final Property Grade Summary** | &nbsp;&nbsp;**Final Property Grade Summary** |
| &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;107 | &nbsp;&nbsp;96.40% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;4 | &nbsp;&nbsp;3.60% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**111** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Final Compliance Grade Summary** | &nbsp;&nbsp;**Final Compliance Grade Summary** | &nbsp;&nbsp;**Final Compliance Grade Summary** |
| &nbsp;&nbsp;**`** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;111 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**111** | &nbsp;&nbsp;**100.00%** |

---

**Exception Category Summary**

The table below summarizes the individual exceptions which carried an associated "A", "B", "C", or "D" level exception grade. One loan may have carried more than one exception. In such cases, the exception with the lowest grade would drive the loan grade for that particular area of the review. The overall loan grade is the lowest grade for any one particular review scope (i.e., a loan with a Credit Grade of "A", Compliance Grade of "B", and a Property Grade of "A" would receive an overall Loan Grade of "B").

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Exception Type** | &nbsp;&nbsp;**Exception Level Grade** | &nbsp;&nbsp;**Exception Category** | &nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Approval - Lender Income Calculation Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Approval/Underwriting Summary Deficient | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Approval/Underwriting Summary Not Provided | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Asset 1 Does Not Meet Guideline Requirements | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Asset 2 Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Assets - Insufficient Cash to Close or Reserves | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Assets - Insufficient Source Seasoning | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Assets - Large Deposits | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Audited DTI Exceeds Guideline DTI | &nbsp;&nbsp;1 |

---

![](ex9922001.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;Audited LTV Exceeds Guideline LTV | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Audited Reserves are less than Guideline Required Reserves (Number of Months) | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Borrower - Residency Alien Documentation | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Borrower 1 Business Bank Statements Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Borrower 1 Gap Credit Report is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Borrower 1 YTD Profit & Loss Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Business Purpose - Loan Guaranty/Missing | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Calculated DSCR does not meet the Minimum DSCR allowed | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Cash reserves less than required by guidelines | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Condo - Master Policy Insufficient | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Corporation/LLC: Operating Agreement Doc is Missing | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit Documentation - Letter of Explanation | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit Documentation - Mortgage History | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit Documentation - Payment History Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;DSCR does not meet Guidelines | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Eligibility - Borrower Identity | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Eligibility - Citizenship Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Eligibility - Investor Experience | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Evidence of Property Tax Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;FEMA Declared Disaster Area Post Closing Review | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;First Payment Letter does not match the HUD or Final CD. | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Flood Certificate Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Fraud Report for Borrowers/Guarantors/Key Principals Doc is Incomplete | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Fraud Report Shows Uncleared Alerts | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Gap Credit Report Within 10 Days of Closing is Expired | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Gift Letter - No Evidence for Transfer of Funds | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Hazard Insurance - Other Insurance Incomplete | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Hazard Insurance Effective Date is after the Disbursement Date | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Hazard Insurance Policy is Partial | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;HO6 Master Insurance Policy is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Housing History Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Income - General | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Income - Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Income - Income Documentation Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Income - Rental Property | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Liabilities - Excluded Debts | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Liabilities - REO | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Missing Automatic Debit Payment Agreement (ACH) form | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Missing Business Purpose Affidavit | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Missing Fraud Product | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Missing Lease Agreement | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Missing Loan Term Sheet | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Missing Property Tax Cert | &nbsp;&nbsp;2 |

---

![](ex9922001.jpg)

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Missing Tax Cert | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;Missing VOM or VOR | &nbsp;&nbsp;2 |
|  |  | &nbsp;&nbsp;No Credit Findings | &nbsp;&nbsp;43 |
|  |  | &nbsp;&nbsp;Program Parameters - Borrower/Business Entity Ineligibility | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;Program Parameters - Currently Listed for Sale | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;Program Parameters - Guidelines Conformity | &nbsp;&nbsp;3 |
|  |  | &nbsp;&nbsp;Third Party Fraud Report not Provided | &nbsp;&nbsp;2 |
|  |  | &nbsp;&nbsp;Third Party Fraud Report Partially Provided | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;Title - Ownership Issue | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;Title Commitment - Incorrect Data | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;Title Document is Incomplete | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;Title Document Missing | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;Title issue | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;Trust/POA Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;Verification Documentation - Expired | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;***Total Credit Grade (A) Exceptions*** | &nbsp;&nbsp;***139*** |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Asset Qualification Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Assets - Insufficient Cash to Close or Reserves | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited CLTV Exceeds Guideline CLTV | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited DTI Exceeds Guideline DTI | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited FICO is less than Guideline FICO | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited HCLTV Exceeds Guideline HCLTV | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited Loan Amount is greater than Guideline Maximum Loan Amount | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited Loan Amount is less than Guideline Minimum Loan Amount | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited LTV Exceeds Guideline LTV | &nbsp;&nbsp;7 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Borrower 1 Total Years Employment Verified is Less Than 24 Months | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Builder is in control of HOA | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Cash Out Does Not Meet Guideline Requirements | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Credit Profile - Mortgage Payment History | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Employment - Insufficient Years Self-Employed | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Hazard Insurance Coverage Amount is less than Required Coverage Amount | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Housing History Does Not Meet Guideline Requirements | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Income and Employment Do Not Meet Guidelines | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Program Parameters - Borrower/Business Entity Ineligibility | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Program Parameters - Guidelines Conformity | &nbsp;&nbsp;14 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Program Parameters - LTV | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;***Total Credit Grade (B) Exceptions*** | &nbsp;&nbsp;***47*** |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing Doc - 3rd Party Valuation Product/Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;No Property Findings | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Value - Value is supported within -10% of original appraisal amount | &nbsp;&nbsp;104 |
|  |  | &nbsp;&nbsp;***Total Property Grade (A) Exceptions*** | &nbsp;&nbsp;***108*** |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;B | &nbsp;&nbsp;Other Property/Value Finding | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;B | &nbsp;&nbsp;Property Issue - Ineligible Property | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;B | &nbsp;&nbsp;Property Issue - Land size outside of guidelines | &nbsp;&nbsp;1 |

---

![](ex9922001.jpg)

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Property Issue - Neighborhood Location | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;***Total Property Grade (B) Exceptions*** | &nbsp;&nbsp;***4*** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Closing Detail Statement Indicator is Missing | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Disclosure - Escrow Waiver Not Executed | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Federal - Escrow Account Required (First Lien HPML)(06/2013) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Final CD: Prepayment Penalty is missing or inaccurate | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Lender Credits That Cannot Decrease Test (50001262) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Lender Credits That Cannot Decrease Test (Fees-Limited) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing evidence of rate lock | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing Prepayment Rider | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing Warranty / Transfer Deed | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;NJ Fee Not Allowed- Attorney (Fee ID: 998) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;No Compliance Findings | &nbsp;&nbsp;37 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;No Compliance Tests Performed | &nbsp;&nbsp;58 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;No Compliance Tests performed HEI/HEA review | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Other Rider is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;The Final 1003 is Incomplete | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;The Final 1003 is Missing | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;TRID: CD not delivered at least 3 days prior to consummation | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;TRID: Missing Final Closing Disclosure | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;***Total Compliance Grade (A) Exceptions*** | &nbsp;&nbsp;***117*** |

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**Tape Integrity Review Results Summary**

As part of the Credit, Property and Compliance Reviews, MaxDiligence captured data from the source documents and compared it to a data tape provided by Client. MaxDiligence provided Client a Data Discrepancy Report which shows the differences between the tape data and the data captured by MaxDiligence during the diligence process.

Of the 111 mortgage loans reviewed, 63 unique mortgage loans (by loan count) had a total of 105 different tape discrepancies across 22 data fields (some mortgage loans may have had more than one). A blank or zero value on the data tape when an actual value was captured by MaxDiligence was not treated as a data variance.

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Loans With Discrepancy** | &nbsp;&nbsp;**Total Times Compared** | &nbsp;&nbsp;**% Variance** |
| &nbsp;&nbsp;B1 Verified Citizenship Designation | &nbsp;&nbsp;1 | &nbsp;&nbsp;17 | &nbsp;&nbsp;5.88% |
| &nbsp;&nbsp;B2 Verified Citizenship Designation | &nbsp;&nbsp;1 | &nbsp;&nbsp;5 | &nbsp;&nbsp;20.00% |
| &nbsp;&nbsp;Borrower 1 Citizen | &nbsp;&nbsp;1 | &nbsp;&nbsp;34 | &nbsp;&nbsp;2.94% |
| &nbsp;&nbsp;Borrower 1 FTHB | &nbsp;&nbsp;1 | &nbsp;&nbsp;10 | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;4 | &nbsp;&nbsp;78 | &nbsp;&nbsp;5.13% |
| &nbsp;&nbsp;Calculated DSCR | &nbsp;&nbsp;11 | &nbsp;&nbsp;59 | &nbsp;&nbsp;18.64% |

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![](ex9922001.jpg)

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Cash out Include Debt Paid at Close | &nbsp;&nbsp;3 | &nbsp;&nbsp;7 | &nbsp;&nbsp;42.86% |
| &nbsp;&nbsp;Final Reviewed QM Status | &nbsp;&nbsp;3 | &nbsp;&nbsp;14 | &nbsp;&nbsp;21.43% |
| &nbsp;&nbsp;Interest Rate | &nbsp;&nbsp;7 | &nbsp;&nbsp;94 | &nbsp;&nbsp;7.45% |
| &nbsp;&nbsp;Loan Amount | &nbsp;&nbsp;3 | &nbsp;&nbsp;108 | &nbsp;&nbsp;2.78% |
| &nbsp;&nbsp;Loan Type | &nbsp;&nbsp;12 | &nbsp;&nbsp;39 | &nbsp;&nbsp;30.77% |
| &nbsp;&nbsp;Originator DSCR | &nbsp;&nbsp;1 | &nbsp;&nbsp;11 | &nbsp;&nbsp;9.09% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;2 | &nbsp;&nbsp;78 | &nbsp;&nbsp;2.56% |
| &nbsp;&nbsp;Property State | &nbsp;&nbsp;1 | &nbsp;&nbsp;94 | &nbsp;&nbsp;1.06% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;9 | &nbsp;&nbsp;111 | &nbsp;&nbsp;8.11% |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;2 | &nbsp;&nbsp;107 | &nbsp;&nbsp;1.87% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;2 | &nbsp;&nbsp;75 | &nbsp;&nbsp;2.67% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;4 | &nbsp;&nbsp;72 | &nbsp;&nbsp;5.56% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;10 | &nbsp;&nbsp;46 | &nbsp;&nbsp;21.74% |
| &nbsp;&nbsp;Qualifying Total Reserves Number of Months | &nbsp;&nbsp;17 | &nbsp;&nbsp;37 | &nbsp;&nbsp;45.95% |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;3 | &nbsp;&nbsp;65 | &nbsp;&nbsp;4.62% |
| &nbsp;&nbsp;Underwriting Guideline Version Date | &nbsp;&nbsp;7 | &nbsp;&nbsp;11 | &nbsp;&nbsp;63.64% |

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**Event Grade Definitions**

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| | |
|:---|:---|
| &nbsp;&nbsp;**Final Loan Grade** | &nbsp;&nbsp;**Final Loan Grade** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;Loan meets Credit, Compliance, and Property Guidelines |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The loan substantially meets published Client/Seller guidelines and/or eligibility in the validation of income, assets, or credit, is in material compliance with all applicable laws and regulations, and the value and valuation methodology is supported and substantially meets published guidelines. |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The loan does not meet the published guidelines and/or violates one material law or regulation, and/or the value and valuation methodology is not supported or did not meet published guidelines. |
| &nbsp;&nbsp;D | &nbsp;&nbsp;Loan is missing documentation to perform a sufficient review. |

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| | |
|:---|:---|
| &nbsp;&nbsp;**Credit Event Grades** | &nbsp;&nbsp;**Credit Event Grades** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The loan meets the published guidelines without any exceptions. The employment, income, assets and occupancy are supported and justifiable. The borrower's willingness and ability to repay the loan is documented and reasonable. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The loan substantially meets the published guidelines but reasonable compensating factors were considered and documented for exceeding published guidelines. The employment, income, assets and occupancy are supported and justifiable. The borrower's willingness and ability to repay the loan is documented and reasonable. |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The loan does not substantially meet the published guidelines. There are not sufficient compensating factors that justify exceeding the published guidelines. The employment, |

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![](ex9922001.jpg)

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| | |
|:---|:---|
| &nbsp;&nbsp;**Credit Event Grades** | &nbsp;&nbsp;**Credit Event Grades** |
|  | &nbsp;&nbsp;income, assets or occupancy are not supported and justifiable. The borrower's willingness and ability to repay the loan were not documented or are unreasonable. |
| &nbsp;&nbsp;D | &nbsp;&nbsp;There was not sufficient documentation to perform a review or the credit file was not furnished. |

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| | |
|:---|:---|
| &nbsp;&nbsp;**Compliance Event Grades** | &nbsp;&nbsp;**Compliance Event Grades** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The loan is in compliance with all applicable laws and regulations. The legal documents accurately reflect the agreed upon loan terms and are executed by all applicable parties. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The loan is in material compliance with all applicable laws and regulations. The legal documents accurately reflect the agreed upon loan terms and are executed by all applicable parties. Client review required. |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The loan violates one material law or regulation. The material disclosures are absent or the legal documents do not accurately reflect the agreed upon loan terms or all required applicants did not execute the documents. |
| &nbsp;&nbsp;D | &nbsp;&nbsp;There was not sufficient documentation to perform a review or the required legal documents were not furnished. |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Property Event Grades** | &nbsp;&nbsp;**Property Event Grades** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The value is supported within 10% of the original appraisal by the AVM or there are other supporting documents in the originators loan file package (CDA, Field Review or Second Appraisal). The appraisal was performed on an "as-is" basis and the property is complete and habitable at origination. The appraiser was appropriately licensed and used GSE approved forms. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The value is not supported within 10% of the original appraisal by the AVM and there are no other valuation support documents in the loan file provided by the Seller. The valuation methodology substantially meets the published guidelines but reasonable compensating factors were considered and documented for exceeding guidelines. The appraisal was performed on an "as-is" basis and the property is complete and habitable. The appraiser was appropriately licensed and used GSE approved forms. |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The value is not supported within 10% of the original appraisal. The valuation methodology did not meet the published guidelines and there were not sufficient compensating factors for exceeding published guidelines. The property is in below "average" condition or the property is not complete or requires significant repairs. The appraisal was not performed on an "as is" basis. The appraiser was not appropriately licensed or did not use GSE approved forms. |
| &nbsp;&nbsp;D | &nbsp;&nbsp;The file was missing the appraisal or there was not sufficient valuation documentation to perform a review. |

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## Exhibit 99.22

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.22**

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Mapped ID** | **Deal ID** | **Customer Loan ID** | **Seller Loan ID** | **Note Date** | **Original Loan Amount** | **Last Name** | **Property State** | **Occupancy** | **Purpose** | **Originator QM Status** | **TPR QM Status** | **Exception ID** | **Exception Number** | **Exception Date** | **Exception Type** | **Exception Subcategory** | **Exception** | **Exception Remedy** | **Rebuttal** | **TPR Response** | **Compensating Factors** | **Status Update Date** | **Finding Status** | **Initial Exception Grade** | **Final Exception Grade** | **Initial Loan Grade** | **Final Loan Grade** |
| XXXX | XXXX | 4350117622 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117622 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Credit | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Audited reserves months are less than the guideline required reserve months. Per guidelines, when the loan amount is less than $XXXX, six months of PITIA reserves are required. The total verified assets in the file are $XXXX, while the total required assets are $XXXX ($XXXX for funds to close plus $XXXX for reserves). This leaves the borrower short by $XXXX <br>|  | Document Uploaded. - 09/17/2025<br>| Audited Reserves of 3.36 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - 09/17/2025<br>Audited Reserves of month(s) are greater than or equal to Guideline Required Reserves of month(s) - 09/17/2025<br>Guidelines have been received. Only 3 months of reserves are required. - 09/17/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117622 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117623 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Credit | Income - Guideline Requirements | The income documents provided in the loan file did not meet guidelines. The CPA has signed the profit and loss statement. Per guidelines, proof that the third-party reviewer is duly licensed or certified (such as certification or licensing documentation verified through a professional directory, government listing, or other reliable third-party source) is required. This documentation is missing from the loan file. <br>|  | Document Uploaded. - 09/22/2025<br>|  |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117623 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117623 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117624 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117624 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Property | No Property Findings | Loan meets applicable appraisal guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117624 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117625 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 5 | XXXX | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. Unable to verify the $XXXX additional monthly payment for the investment property located at XXXX<br>|  | Document Uploaded. - 09/03/2025<br>|  |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117625 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117625 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 5 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117625 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 5 | XXXX | Credit | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Audited reserves months are less than the guideline required reserve months. duplicate findings Gift funds are not allowed to be used to meet the reserve requirements. The borrower is short XXXX in reserves. <br>|  | Document Uploaded. - 09/03/2025<br>| Audited Reserves of 5.19 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - 09/05/2025<br>|  | XXXX | Resolved | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117625 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 5 of 5 | XXXX | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing Per guidelines, The following may not be more than 10 days old from the date of the Promissory Note: Debt monitoring/credit refresh/LQCC. This document is missing from the loan file. <br>|  | Document Uploaded. Final Drive Report - 09/03/2025<br>| Borrower 1 Gap Credit Report is not missing. - 09/05/2025<br>|  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117626 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. A formal exception is located in the loan file for loan amount greater than guidelines and for excessive cash out. <br>|  |  |  | Credit score exceeds minimum required. LTV lower than requirements. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117626 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Credit | Hazard Insurance Policy is Partial | Hazard insurance policy partially provided. Missing a minimum of 6 months coverage of rent loss insurance for subject property. <br>|  | Document Uploaded. - 09/08/2025<br>| Received email from Insurance Broker XXXX stating "Fair Rental Value coverage, The insureds policy includes 40% of the current contents limit, which amounts to $XXXX. This coverage applies if a portion of the unit that is typically rented becomes uninhabitable due to a covered loss. In such cases, we will reimburse the fair rental value for the duration it typically would have been rented, up to the earliest of: · The reasonable time required to restore the unit to a habitable condition, or · Two years from the date of loss (or longer if agreed upon). This coverage period is not limited by the expiration of the policy." Condition resolved. - 09/09/2025 |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117626 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117626 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117627 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 8 | XXXX | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. The loan was approved for $XXXX. Per guidelines, loan amounts exceeding $XXXX require a second appraisal. This documentation is not present in the loan file. <br>|  | Document Uploaded. - 09/03/2025 <br>Document Uploaded. - 08/29/2025<br>| The appraisal submitted is a duplicate of one previously provided. Per guidelines, when two appraisals are required, they must be completed by two independent appraisal companies. In this case, both appraisals were conducted by XXXX. - 09/02/2025 |  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | XXXX | 4350117627 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 8 | XXXX | Credit | Business Purpose - Loan Guaranty/Missing | The Personal Loan Guaranty is missing. <br>|  | Document Uploaded. - 09/03/2025 <br>Document Uploaded. - 08/29/2025<br>| A personal guaranty was submitted on behalf of the business. Please provide an updated personal guaranty reflecting only the individual guarantor, with the business removed. - 09/02/2025<br>|  | XXXX | Resolved | 4 | 1 | 4 | 2 |
| XXXX | XXXX | 4350117627 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 8 | XXXX | Credit | Audited Loan Amount is greater than Guideline Maximum Loan Amount | Audited loan amount is greater than the guideline Maximum loan amount. The loan was approved for $XXXX. Per guidelines, the maximum loan amount allowed is $XXXX. A formal exception is included in the file; however, it incorrectly references the loan amount as being below the guideline limit rather than above it. Please provide an updated exception. <br>|  | Document Uploaded. - 08/29/2025<br>| Exception received for the loan amount being greater than the guideline maximum. - 09/02/2025<br>| High FICO; Low LTV; DSCR >=1.0x | XXXX | Waived | 3 | 2 | 4 | 2 |
| XXXX | XXXX | 4350117627 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 8 | XXXX | Credit | Cash Out Does Not Meet Guideline Requirements | Cash out does not meet guideline requirements. The loan was approved with cash to borrower in the amount of $XXXX. Guidelines limit cash to borrower to $XXXX A formal exception is documented in the file. <br>|  |  |  | High FICO. Low LTV. DSCR greater than 1.0. | XXXX | Waived | 2 | 2 | 4 | 2 |
| XXXX | XXXX | 4350117627 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 8 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | XXXX | 4350117627 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 8 | XXXX | Credit | Corporation/LLC: Operating Agreement Doc is Missing | The loan file does not contain the Corporation/LLC: Operating Agreement. The Operating Agreement for XXXX is missing from the loan file. <br>|  | Document Uploaded. - 08/29/2025<br>|  |  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | XXXX | 4350117627 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 7 of 8 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. The subject property is located in XXXX. Guidelines impose a geographic restriction on XXXX condominiums, allowing refinances only by formal exception. Please provide the formal exception <br>|  | Document Uploaded. - 09/15/2025 <br> Document Uploaded. see email from XXXX. - 09/11/2025 <br> Document Uploaded. - 09/08/2025 <br> Document Uploaded. - 09/03/2025 <br> Document Uploaded. - 08/29/2025 | unable to open the document provided - 09/15/2025<br> The exception provided does not outline the condition of the property being located in XXXX. Please provide the formal exception, as this is outside of guidelines. All exceptions must be documented. - 09/10/2025<br> Per the documentation provided, the other is for the property being listed for sale. The subject property is located in XXXX. Guidelines impose a geographic restriction on XXXX condominiums, allowing refinances only by formal exception. Please provide the formal exception to allow refinances for XXXX. - 09/05/2025<br> The exception provided only reflects "Other." Please provide a detailed exception. - 09/02/2025 |  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | XXXX | 4350117627 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 8 of 8 | XXXX | Credit | Program Parameters - Currently Listed for Sale | The property is currently listed for sale or was sold. Per the appraisal, the subject property was listed for sale on XXXX, which was after the application date of XXXX. Per guidelines, properties listed for sale by the owner within the last 12 months are not eligible unless the listing is removed and documentation that the listing is removed is in file along with the letter explaining the rationale for the listing, cancelling, and intent for future use of the property. A formal exception is located in the loan file, but the letter of explanation is missing. <br>|  | Document Uploaded. - 09/03/2025<br>| Letter of explanation has been received. - 09/05/2025<br>|  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | XXXX | 4350117628 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117628 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117628 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117629 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117629 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117629 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117630 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117630 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117630 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117631 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Compliance | Closing Detail Statement Indicator is Missing | Closing Detail Statement Indicator is Missing. Final Alta settlement statement or final Closing Disclosure. <br>|  | As this is a business purpose loan, the business purpose settlement statement serves as the final alta statement/cd - 09/23/2025<br>| Received explanation. Loan not subject to TRID. - 09/26/2025<br>Closing Detail Statement Indicator is not Missing. - 09/26/2025<br>|  | XXXX | Resolved | 4 | 1 | 4 | 2 |
| XXXX | XXXX | 4350117631 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | XXXX | 4350117631 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | XXXX | 4350117631 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Program Parameters - LTV | The subject loan does not meet program parameters for LTV. The subject LTV does not meet guidelines. 75% LTV - A formal exception was found in file; however, exception does not specify borrower is a First Time Home Buyer. Also, one compensating factor noted on the exception and should be two or more identified to support. <br>|  | Gift funds are allowed per guidelines and none of the funds brought into the transaction were gift funds. - 09/26/2025 <br>Document Uploaded. attached. - 09/25/2025<br>| Guidelines require exception approval for First Time Home Buyer - A formal exception is in file. - 09/26/2025<br>| Compensating factors used were High FICO over program requirements and Three months reserves. | XXXX | Waived | 3 | 2 | 4 | 2 |
| XXXX | XXXX | 4350117632 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Trust/POA Does Not Meet Guideline Requirements | Trust/POA does not meet guideline requirements. Per guidelines, properties with title ownership in land trusts are ineligible. Per the title commitment in file, the title is currently vested in XXXX, as Trustee for the XXXX dated XXXX, which a a land trust. <br>|  | Deed was provided vesting from Trust into LLC. Title ownership is now under LLC. - 09/12/2025 |  |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117632 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117632 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117632 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | DSCR does not meet Guidelines | The subject DSCR does not meet guideline requirements. Per the approval, the loan was qualified with a DSCR of 1.404. The 1007 reflects a market rent of $XXXX, while the PITIA is $XXXX (P&I – $XXXX; taxes – $XXXX; insurance – $XXXX). The lease agreement in the file reflects an annual lease amount of $XXXX, or $XXXX monthly; however, the borrower holds only 50% ownership in XXXX, which is listed as the lessor/host. Please provide documentation to support the DSCR of 1.404. <br>|  | Deed was provided vesting from Trust into LLC. Title ownership is now under LLC. XXXX is sole member of LLC. - 09/12/2025 |  |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117633 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117633 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117633 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117634 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117634 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117634 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117635 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Property | Property Issue - Ineligible Property | The subject is an ineligible property and not allowed per guidelines. The property is a 1-unit SFR with a guest house, exception request/approval in file for the use of rental income for the guest house. Please clarify the exception is valid with a DSCR below 1.0. <br>|  | Rental income was calculated wrong, lease agreement and 2 month rental deposits were provided showing $XXXX, and appraisal rental income is $XXXX, even if we use lower appraisal rental income, DSCR would be 1.168 - 09/11/2025 | The property is a 1-unit SFR with a guest house, exception request/approval in file for the use of rental income for the guest house. A formal exception is in the file. - 09/12/2025<br>Documentation provided is sufficient. - 09/12/2025<br>| The exception was approved due to a high fico above program requirements, and a high DSCR. | XXXX | Waived | 3 | 2 | 4 | 2 |
| XXXX | XXXX | 4350117635 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. The loan closed with an LTV of 75% and a DSCR less than 1.0. There is an exception request/approval in the file for LTV exceeding 70%. Please provide documentation that the exception is approved based on a maximum LTV of 65% due to a DSCR below 1.0. <br>|  | Rental income was calculated wrong, lease agreement and 2 month rental deposits were provided showing $XXXX, and appraisal rental income is $XXXX, even if we use lower appraisal rental income, DSCR would be 1.168 - 09/11/2025 | There is an exception request/approval in the file for LTV exceeding 70%. A formal exception is in the file. - 09/12/2025<br>Documentation provided is sufficient. - 09/12/2025<br>| The exception was approved due to a high fico above program requirements, and a high DSCR. | XXXX | Waived | 3 | 2 | 4 | 2 |
| XXXX | XXXX | 4350117635 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Per the XXXX guidelines, properties owned 12 months or longer, may base the LTV on the appraised value. The property was purchased in XXXX by a company of which the borrower is a 50% owner. No exception was provided to allow the use of the appraisal value of $XXXX, rather than the $XXXX purchase price. <br>|  | Document Uploaded. attached - 09/11/2025<br>| Per the 6/20/25 guidelines, properties owned 12 months or longer, may base the LTV on the appraised value. A formal exception is in the file. - 09/12/2025<br>| The exception was approved based on a high credit score over program requirements, and a high DSCR. | XXXX | Waived | 3 | 2 | 4 | 2 |
| XXXX | XXXX | 4350117635 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Compliance | Missing Warranty / Transfer Deed | Warranty / Transfer Deed is not provided. The subject property was in the name of XXXX. Please document the transfer of title from this borrower owned company to the subject business entity of XXXX prior to closing. <br>|  | Document Uploaded. attached. - 09/10/2025<br>| Documentation provided is sufficient. - 09/11/2025<br>|  | XXXX | Resolved | 4 | 1 | 4 | 2 |
| XXXX | XXXX | 4350117635 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Credit | Income - Rental Property | Rental income is not properly documented and/or supported. The guidelines state the lesser of the lease or the market rent must be used to qualify. The file contains 3 leases: 1) Unit A, signed by XXXX for $XXXX/month. However, a borrower letter in the file states Unit A is occupied by XXXX & XXXX. 2) Unit B, signed by XXXX for $XXXXmonth. 3) Another Unit B lease, signed by XXXX & XXXX for XXXX. However, the borrower letter states Unit B is occupied by XXXX. Please document and clarify the explanation for this discrepancy by the borrower, what leases are valid, and for what monthly amount. <br>|  | 1) Unit A has two households live in it (XXXX/m and XXXXa & XXXX/m, there are two seperate leases from these two families) and last page of XXXXs lease has a lease addendum explained the UNIT B on the lease was TYPO, it should be Unit A<br> 2) Unit B only has one household tenant XXXX $XXXX/m. Again, the last page of XXXX lease has a lease addendum explained the UNIT B on the lease was TYPO, it should be Unit A, - 09/11/2025 | Explanation and documentation provided is sufficient. - 09/12/2025<br>|  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | XXXX | 4350117636 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117636 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117636 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117637 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Borrower is a First Time Home Buyer. A formal exception is located in the loan file. <br>|  |  |  | The exception was approved due to a credit score that exceeds requirement, and reserves that exceed the minimum required. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350117637 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350117637 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350117638 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117638 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117638 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117639 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117639 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117639 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. The passport in the file is from XXXX; however, the guidelines do not appear to allow Foreign National borrowers from XXXX. Please provide clarification or exception to allow.  |  | The guideline language specifically permits entire regions (e.g., XXXX) with only noted exclusions. Because XXXX is part of the XXXX region and not listed as an excluded country, it is therefore an eligible country of residence under these guidelines. There is no indication in the guidelines that XXXXis restricted or excluded. Accordingly, the borrower's residency in XXXX should be considered acceptable for financing. - 09/08/2025 <br> XXXX is an acceptable country. It is not on exclusionary list. - 09/05/2025 | Explanation provided is sufficient: The guideline language specifically permits entire regions (e.g., EXXXX) with only noted exclusions. Because XXXX is part of the XXXX region and not listed as an excluded country, it is therefore an eligible country of residence under these guidelines. There is no indication in the guidelines that XXXX is restricted or excluded. Accordingly, the borrower's residency in XXXX should be considered acceptable for financing. - 09/16/2025<br> Please clarify. Per the XXXX guidelines borrowers must reside in one of the following country/regions: XXXX), XXXX as allowed by applicable state law, XXXX),XXXX (XXXX andXXXX. The borrower does not appear to reside in any of these country/regions. - 09/08/2025 |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117639 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Credit Documentation - Payment History Missing | The loan file did not contain sufficient documentation to verify the payment history as required. The guidelines require credit references for Foreign National borrowers. Please provide as per guidelines. <br>|  | Document Uploaded. Per our guidelines the tradelines are NOT necessary if the borrower does not have a Social Security Number (therefore a traditional credit report is not even required – therefore any tradelines whether traditional or not, are not required) I believe that verbiage you are referring to and what might seem confusing is the "24 month mortgage history reporting on the credit report with a score" – this applies IF the borrower has mortgage history on their credit report – if so, then yes it can then now be combined with other credit institutions so we can create 3 tradelines that can be added to our mortgage history. In this case, we do NOT have a any mortgage history on the credit report because there is no credit report, or credit history, or social security number. Please refer to my yellow & blue highlights in the attached screenshot. - 09/08/2025 <br>FN doesn't require credit per our guidelines. No credit references needed. - 09/05/2025<br>| Explanation provided is sufficient. Document Uploaded. Per our guidelines the tradelines are NOT necessary if the borrower does not have a Social Security Number (therefore a traditional credit report is not even required – therefore any tradelines whether traditional or not, are not required) I believe that verbiage you are referring to and what might seem confusing is the "24 month mortgage history reporting on the credit report with a score" – this applies IF the borrower has mortgage history on their credit report – if so, then yes it can then now be combined with other credit institutions so we can create 3 tradelines that can be added to our mortgage history. In this case, we do NOT have a any mortgage history on the credit report because there is no credit report, or credit history, or social security number. Please refer to my yellow & blue highlights in the attached screenshot. - 09/16/2025<br> Please clarify. Per the XXXX guidelines U.S. credit accounts can be combined with letters of reference from verifiable financial institutions in a foreign country to establish the 3 open accounts and an acceptable credit reputation. As the borrower has no US credit, it appears, based on the verbiage in these guidelines, that credit references are required. - 09/08/2025 |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117640 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. A formal exception is located in the loan file allowing for a DSCR ratio less than 1; and also allowing for a 15-Year loan. <br>|  |  |  | Reserves exceed minimum required. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117640 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Credit | Title Document Missing | Title document is missing. <br>|  | Document Uploaded. attached. - 09/08/2025<br>| Title has been received. - 09/09/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117640 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117640 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117641 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117641 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117641 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117642 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. A formal exception is in the loan file allowing a Foreign National to use business assets for closing and reserves. <br>|  |  |  | 3 months reserves greater than program requirement and High DSCR. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117642 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117642 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117642 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Eligibility - Citizenship Requirements | The documented citizenship does not meet guideline requirements. Borrowers must reside in one of the following country/regions: XXXX(XXXX Region). The borrower lives XXXX, XXXX which is considered in the XXXX. Provide clarification or an exception.<br>|  | Please waive exception/ESTA requirement as XXXX is an eligible country under XXXX framework. Under this, exception not needed per guideline. - 09/12/2025 <br> I would like to provide clarification regarding the borrower's citizenship and residency. Although XXXX is sometimes geographically referenced as part of the "XXXX" it is important to highlight the following:<br> XXXX is a full member of the XXXX (XXXX).<br> XXXX is part of the XXXX (XXXX).<br> XXXX has adopted the XXXX as its official currency.<br> Most importantly, XXXX is part of the U.S. Visa Waiver Program, which allows its citizens to enter the United States without a visa under ESTA.<br>Given these facts, XXXX is generally treated in international and U.S. policy as part of the XXXX framework rather than the excluded "XXXX."<br> On this basis, we respectfully request that XXXX be accepted as an eligible country under the guidelines or that an exception be granted for this borrower. - 09/08/2025 | Unexpired passport is required for eligible Foreign Nationals. This is in the loan file. - 09/16/2025<br>Agree with the comments. However, we need either the ESTA or an exception from the lender. Thank you. - 09/10/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117643 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117643 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117643 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117644 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Program Parameters - Borrower/Business Entity Ineligibility | Per the guidelines, First Time Home Buyers ("FTHB") are allowed on an exception basis. There is an exception approval in the loan file, but no comp factors were provided. Please provide an approved exception reflecting compensating factors to support lending on FTHB program. <br>|  | FTHB exceptions are internal and don't require compensating factors. - 09/22/2025<br>| Received explanation. - 09/24/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117644 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117644 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117645 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117645 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117645 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Hazard Insurance Policy is Partial | Hazard insurance policy partially provided. Guidelines required 6 months of rent loss insurance. Please provide documentation to support, per guidelines. <br>|  | Document Uploaded. attached. - 09/09/2025<br>| Documentation provided is sufficient. - 09/10/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117646 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 1 |
| XXXX | XXXX | 4350117646 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 1 |
| XXXX | XXXX | 4350117646 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Borrower - Residency Alien Documentation | The borrower indicates Resident Alien status, however, the file contains no evidence documenting status as legally. Missing work visa as borrower is non permanent resident alien. <br>|  | Document Uploaded. - 10/03/2025<br>| Foreign National require minimum a valid Passport which we have in the loan file. - 10/03/2025<br>|  | XXXX | Resolved | 2 | 1 | 2 | 1 |
| XXXX | XXXX | 4350117647 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Per the guideline the MAX LTV is 70%. Per the details of the loan the LTV is 75%. A formal exception is in the file. <br>|  |  |  | The compensating factor is that the borrower's fico is higher than the minimum allowed. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350117647 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350117647 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350117648 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117648 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117648 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117649 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. The max LTV per the guidelines is 75%, the subject LTV is 80%. <br>|  | Document Uploaded. attached - 09/23/2025<br>| Maximum LTV for program is 75% when subject loan transaction is 80% LTV - A formal exception is in file. - 09/24/2025<br>| Compensating factors used were Reserves 3 or more months greater than program requirements, High FICO over program requirement, and High DSCR score. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117649 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Credit | Program Parameters - Borrower/Business Entity Ineligibility | Guidelines require any business structure to be limited to a maximum of 4 owners or members, when the XXXX Borrower has 5 owners. A formal exception is in file; however, no compensating factors were provided.  |  | Document Uploaded. attached. - 09/23/2025<br>| Borrower Entity has 5 owners when program maximum allows 4 owners - A formal exception is in file. - 09/24/2025<br>| Compensating factors used were 3 or more months reserves greater than program requirement, High FICO over program requirement, and High DSCR score. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117649 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117649 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117650 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 5 | XXXX | Compliance | XXXX Fee Not Allowed- Attorney (Fee ID: XXXX) | Section 3:1-16.2 of the XXXX Mortgage Loans, Fees, Obligations Provisions (XXXX) does not allow Attorney (Fee ID: XXXX) to be charged to the Borrower in XXXX  |  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117650 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 5 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117650 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 5 | XXXX | Credit | Income - General | The loan file reflected additional income issues. Provide Salary Payments and Deductions for 2023 and 2024 (Form 106) are in US DOLLARS <br>|  | Document Uploaded. attached conversion breakdown. - 10/06/2025<br>| Documentation provided is sufficient. - 10/06/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117650 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117650 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 5 of 5 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. The lender granted an exception for the following: The use of Form 106 (2023 & 2024) plus the most recent Paystubs(USD) vs a required W2; the borrower has a current Credit score of 672, and has 4 tradelines all which have less than 12 months revolving. The exception reflected compensating factors of: 18 months reserves and long employment history. <br>|  |  |  | 18 months reserves and long employment history. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117651 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Borrower is a First Time Home Buyer. A formal exception is located in the loan file. <br>|  |  |  | The exception was approved due to a credit score that exceeds requirements, and reserves that exceed the minimum required. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117651 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Credit | Calculated DSCR does not meet the Minimum DSCR allowed | Calculated DSCR of 0.999 is below 1.0. The file does not contain a lock to confirm this is acceptable. Audit PITIA and rental income are in line with the file. Please confirm a DSCR below 1.0 is acceptable. <br>|  | Acceptable. - 10/06/2025<br>| Explanation provided is sufficient. - 10/06/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117651 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117651 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117652 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117652 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117652 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117653 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117653 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117653 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117654 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117654 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117654 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117655 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. PG 283 Approved Exception for only 1 year employment history vs 2 years <br>|  |  |  | 3 months reserves greater than program requirement | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350117655 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350117655 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350117656 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 4 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117656 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117656 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 4 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Resolved | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117656 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 4 | XXXX | Compliance | TRID: CD not delivered at least 3 days prior to consummation | No evidence non borrowing title holder XXXX received the initial CD 3 days prior to closing  |  | Document Uploaded. - 10/11/2025<br>| Received confirmation of non-borrower's receipt of ICD - 10/13/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117657 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. DSCR is 0.985 at 80% LTV and First time homebuyer max 70%. A formal exception is located in the loan file. <br>|  |  |  | The borrower has greater than three months reserves and higher FICO than guidelines require. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350117657 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350117657 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350117658 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Borrower is a First time home buyer. A formal exception is located in the loan file. <br>|  |  |  | The borrower has three months reserves greater than program requirement. High FICO over program requirement. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350117658 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350117658 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350117659 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 1 of 3 | XXXX | Compliance | Federal - Escrow Account Required (First Lien HPML)(06/2013) | You submitted no property tax impound amounts for this loan. Regulation Z prohibits a lender from making a first lien higher priced mortgage loan unless an escrow account is established before consummation for payment of property taxes for loans secured by dwellings in condominiums, planned unit developments, or other common interest communities in which requires participation in a governing association, where the governing association has an obligation to the dwelling owners to maintain a master policy insuring all dwellings. A creditor or servicer may not cancel the escrow account until the earlier of: (1) termination of the underlying debt obligation or (2) FIVE years after consummation, if the unpaid principal balance is less than 80% of the original value of the property and the consumer is not delinquent or in default on the underlying debt obligation. (12 CFR 1026.35(b)) Escrow account for taxes is required. <br>|  | Document Uploaded. Please see page 652 of the original package and the attached. the HOA pays for the taxes and insurance, and the borrower only pays the HOA fee. - 10/03/2025<br>| Received confirmation HOA pays HOI and taxes. Finding resolved - 10/03/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117659 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 2 of 3 | XXXX | Credit | Audited DTI Exceeds Guideline DTI | Audited DTI exceeds guideline DTI. Audited DTI is 50.21%. Origination DTI did not include HOI expense of $XXXX a month. Guidelines allow for DTI up to 55% with approved exception with compensating factors. <br>|  | Document Uploaded. HOI should not be part of the DTI calc. The HOA pays both taxes and insurance and the borrower only pays the HOA fee to XXXX. Please see the attached. - 10/03/2025 | Audited DTI of 49.11% is less than or equal to Guideline DTI of 50% Property is a tenancy in common. The property management company confirmed the HOA is responsible for paying the borrower's hazard insurance, which is covered by the monthly HOA from the unit owners. Therefore, not including the HOI payment in the DTI. - 10/03/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117659 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117660 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117660 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117660 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117661 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117661 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117661 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117662 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117662 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117662 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117663 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117663 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117663 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Missing Business Purpose Affidavit | File is missing statement of business purpose. <br>|  | Document Uploaded. Please see the attached. - 09/16/2025<br>| Received executed Loan For Business Purpose Affidavit. - 09/18/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117664 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 2 | XXXX | Compliance | The Final 1003 is Missing | The final 1003 is missing. Loan file is missing a loan application <br>|  | Document Uploaded. Please see the attached - 09/22/2025<br>| The final 1003 has been provided. - 09/23/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117664 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 2 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117665 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Compliance | Closing Detail Statement Indicator is Missing | Closing Detail Statement Indicator is Missing. The Closing Statement provided is missing the disbursement date and the taxes and insurance listed do not match the first payment letter, tax certication or appraisal. For the taxes: Tax Cert totals $XXXX/12=$XXXX, Appraisal $XXXX/12= $XXXX Closing statement $XXXX per month ($XXXX) and Payment letter $XXXX month. For the Insurance: Hazard Final policy $XXXX/12= $XXXX. The payment letter states $XXXX. Closing Statement: $XXXX. Provide executed Final Closing Statement with disbursement date, final taxes and insurance used. <br>|  | Document Uploaded. Please see the attached. - 09/24/2025 <br> Document Uploaded. Please see the attached updated. Taxes per the tax cert are $XXXX ($XXXX per month) and insurance is $XXXX per month lining up with the $XXXX found in the policy. - 09/24/2025 | Closing Detail Statement Indicator is not Missing. - 09/24/2025<br>Provide executed Final ALTA Statement with disbursement date. - 09/24/2025<br>|  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117665 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Credit | First Payment Letter does not match the HUD or Final CD. | The First Payment Letter does not match the HUD or Final CD. The Closing Statement taxes and insurance listed do not match the first payment letter, tax certication or appraisal. For the taxes: Tax Cert totals $XXXX/12=$XXXX, Appraisal $XXXX/12= $XXXX Closing statement $XXXX per month ($XXXX) and Payment letter $XXXX month. For the Insurance: Hazard Final policy $XXXX/12= $XXXX. The payment letter states $XXXX. Closing Statement: $XXXX. Provide the final payment letter.  |  | Document Uploaded. Please see the attached updated. Taxes per the tax cert are $XXXX ($XXXX per month) and insurance is $XXXX per month lining up with the $XXXX found in the policy. - 09/24/2025 | The final payment letter provided verified $XXXX insurance and tax $XXXX. - 09/24/2025 |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117665 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117665 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing VOM from XXXX for the subject property XXXX. <br>|  | Document Uploaded. Please see the attached. - 09/22/2025<br>| VOM provided verified 24 months, no lates. - 09/24/2025<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117666 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 8 | XXXX | Compliance | Closing Detail Statement Indicator is Missing | Closing Detail Statement Indicator is Missing. The Closing statement provided is missing the disbursement date and property insurance discrepancy. The Payment letter property insurance $XXXX vs Final Hazard Insurance policy $XXXX vs Closing Statement $XXXX. Provide Final Closing Statement with disbursement date and final hazard payment. <br>|  | Document Uploaded. Updated first payment letter and HUD attached. - 09/24/2025<br>| Final Settlement Statement provided dated XXXX, hazard insurance $XXXX First payment letter matches total PITIA $5XXXX - 09/24/2025<br> Closing Detail Statement Indicator is not Missing. - 09/24/2025 |  | XXXX | Resolved | 4 | 1 | 4 | 2 |
| XXXX | XXXX | 4350117666 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 8 | XXXX | Credit | Evidence of Property Tax Missing | Missing evidence of property tax. The property tax certification provided is for XXXX Missing proof of $XXXX monthly tax used in the transaction. <br>|  | Document Uploaded. Please see the attached. - 09/22/2025<br>| Tax cert $XXXX/12 = $XXXX provided - 09/24/2025 |  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | XXXX | 4350117666 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 8 | XXXX | Credit | Flood Certificate Missing | Missing flood certificate. <br>|  | Document Uploaded. Please see the attached. - 09/22/2025<br>| Flood Cert has all information required - 09/24/2025<br>|  | XXXX | Resolved | 4 | 1 | 4 | 2 |
| XXXX | XXXX | 4350117666 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 8 | XXXX | Credit | Credit Profile - Mortgage Payment History | A mortgage payment history reflected at least one 30-day late in the last 12 months, which exceeds guidelines. No 0x30 in the past 24 months. Mortgage delinquencies >24mo will require an LOE. Missing date of late payment (1x 30-59 days) per VOM for XXXX and possible LOE. <br>|  | Document Uploaded. Please see the attached. - 09/22/2025<br>| No 0x30 in the past 24 months. A mortgage payment history reflected at least one 30-day late in the last 12 months. A formal exception is in the loan file. - 09/24/2025<br>| UW Credit of 681, Leverage trimmed 5% from max allowable leverage. Verified leases show tenants paying over market rent putting real DSCR ~ 1.18 (vs UW'd 1.007 when basing loan off market rent).  | XXXX | Waived | 3 | 2 | 4 | 2 |
| XXXX | XXXX | 4350117666 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 8 | XXXX | Credit | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Audited reserves months are less than the guideline required reserve months. Assets XXXX+ Cash reserves (50%) $XXXX= $XXXX- $XXXX required reserves= $-XXXX reserve shortage. <br>|  | Hello - The $XXXX was paid on the settlement statement uploaded. Marked as "Interest Reserve to XXXX. - 09/24/2025 <br> Document Uploaded. $XXXX in Payment reserves (4 months) were collected from the borrower as part of closing for IR. Meaning liquidity is only needed of $XXXX Attaching supporting bank statements for the XXXX screenshot as well. - 09/22/2025 | The settlement statement detailing the reserve is sufficient. - 09/24/2025<br> Interest reserve $XXXXk per guidelines is acceptable liquidity. This is present on the Closing Statement and Loan agreement. Bank statement provided for XXXX However, we are missing proof of the $XXXX paid by the borrower. - 09/24/2025 |  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | XXXX | 4350117666 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 8 | XXXX | Credit | Third Party Fraud Report Partially Provided | Third party fraud report partially provided. Required for each Guarantor and Principal: Background check or fraud screen. from XXXX, Checkpoint or another comparable provider, dated within 120 days of loan origination. Missing XXXX for individual guarantors. <br>|  | Document Uploaded. Please see the attached. - 09/22/2025<br>| XXXX XXXX provided. Clear alerts. - 09/24/2025 |  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | XXXX | 4350117666 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 7 of 8 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | XXXX | 4350117666 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 8 of 8 | XXXX | Credit | Borrower 1 Business Bank Statements Missing | Borrower 1 Business Bank Statements missing from the file. XXXX screenshot is missing the date of bank statement. <br>|  | Document Uploaded. Please see the attached. - 09/22/2025<br>| Bank statements for XXXX provided. - 09/24/2025 |  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | XXXX | 4350117667 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 8 | XXXX | Compliance | Closing Detail Statement Indicator is Missing | Closing Detail Statement Indicator is Missing. The closing statement is missing disbursement date. The Missing Final closing statement. <br>|  | Document Uploaded. Please see the attached final - 09/24/2025<br>| Closing Detail Statement Indicator is not Missing. - 09/24/2025<br> Final Settlement Statement provided with disbursement date XXXX - 09/24/2025 |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117667 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 8 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117667 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 8 | XXXX | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing VOM for subject XXXX. <br>|  | Document Uploaded. Please see the attached. - 09/22/2025<br>| VOM provided verified 24 months, no lates. - 09/24/2025<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117667 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 8 | XXXX | Credit | Asset 1 Does Not Meet Guideline Requirements | Asset does not meet G/L Requirements. XXXX screenshot provided with no date of screenshot. A business bank statement is also missing. <br>|  | Document Uploaded. Please see the attached - 09/22/2025<br>| Bank statements XXXX provided. - 09/24/2025 |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117667 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 8 | XXXX | Credit | Fraud Report for Borrowers/Guarantors/Key Principals Doc is Incomplete | The Fraud Report in file for borrowers, guarantors and key principals is incomplete. Background check or fraud screen. from XXXX, XXXX or another comparable provider, dated within 120 days of loan origination. Missing background check for both guarantors. <br>|  | Document Uploaded. Please see the attached. - 09/22/2025<br>| XXXX for both borrowers provided and cleared alerts. - 09/24/2025<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117667 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 8 | XXXX | Credit | Hazard Insurance - Other Insurance Incomplete | The policy verifying other property insurance is not complete. Property Insurance discrepancy: Payment letter property insurance $XXXX vs Final Hazard Insurance policy $XXXX and Closing Statement $XXXX. Provide the final hazard insurance used in this transaction. <br>|  | Final payment letter and Final Settlement statement verifies HOI payment $XXXX. - 09/24/2025 <br>Document Uploaded. revised first payment letter and HUD attached to reflect $XXXX - 09/24/2025 |  |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117667 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 7 of 8 | XXXX | Credit | Evidence of Property Tax Missing | Missing evidence of property tax. Missing proof of $XXXX monthly tax used in the transaction. <br>|  | Document Uploaded. Tax cert attached - 09/22/2025<br>| $XXXX/12= $XXXX tax cert provided. - 09/24/2025 |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117667 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 8 of 8 | XXXX | Credit | Asset 2 Missing | Asset documentation is missing from the file. Missing proof of Interest Reserves $XXXX paid by the borrower.  |  | The $XXXX in interest reserves were paid on the HUD and netted from loan proceeds. This is consistent with all of our loans. - 09/24/2025 | The settlement statement detailing the reserve is sufficient. - 09/24/2025<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117668 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 8 | XXXX | Credit | Missing Business Purpose Affidavit | File is missing statement of business purpose. <br>|  | Document Uploaded. Please see the attached. - 10/06/2025<br>| documentation meet requirements - 10/08/2025<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117668 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 8 | XXXX | Credit | Business Purpose - Loan Guaranty/Missing | The Personal Loan Guaranty is missing. Business Purpose Affidavit not in file <br>|  | Document Uploaded. Please see the attached. - 10/06/2025<br>| documentation meet requirements - 10/08/2025<br>|  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117668 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 8 | XXXX | Credit | Missing Property Tax Cert | Missing property tax cert. <br>|  | Document Uploaded. Please see the attached. County is pending updated tax cert from the Lot split, the attached covers what is now 3 individual lots (as shown with the attached survey and legal description) so tax amount for the loan was taken from the appraisal while pending the new tax amount from the County. - 10/07/2025<br>| documentation meet requirements - 10/08/2025<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117668 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 8 | XXXX | Credit | Condo - Master Policy Insufficient | The master hazard insurance policy verified total coverage which was not sufficient to cover total required coverage. Missing Master Policies <br>|  | Document Uploaded. Please see the attached coverage over RCE - 10/06/2025<br>| documentation meet requirements - 10/08/2025<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117668 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 8 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117668 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 8 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117668 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 7 of 8 | XXXX | Credit | Approval/Underwriting Summary Not Provided | The loan did not contain the Approval/Underwriting Summary. Loan Agreement. Document required per guidelines. <br>|  | Document Uploaded. Loan agreement attached. We do not include 1008's in our files. - 10/06/2025<br>| documentation meet requirements - 10/08/2025<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117668 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 8 of 8 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. 5% reduction to Max LTV for Refinances where property is vacant at the time of origination. Approval LTV 75% <br>|  | Document Uploaded. Please see the attached. Security deposit was received thus property is considered leased. - 10/06/2025<br>| documentation meet requirements - 10/08/2025<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117669 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Credit | Business Purpose - Loan Guaranty/Missing | The Personal Loan Guaranty is missing. Business Purpose Affidavit <br>|  | Document Uploaded. Please see the attached. - 10/06/2025<br>| documentation meet requirements - 10/08/2025<br>|  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117669 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Credit | Third Party Fraud Report not Provided | Missing third party fraud report. <br>|  | Document Uploaded. Background report attached. - 10/06/2025<br>| documentation meet requirements - 10/08/2025<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117669 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117669 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117669 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. 5% reduction to Max LTV for Refinances where property is vacant at the time of origination. Max LTV 75%, w/reduction 70%. Approval LTV 75% <br>|  | Document Uploaded. Please see the attached. Security Deposit received by borrower thus we consider this property leased. - 10/06/2025<br>| documentation meet requirements - 10/08/2025<br>|  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350117670 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117670 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117670 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117671 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117671 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117671 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117672 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117672 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117672 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117673 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117673 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117673 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117674 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117674 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117674 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117675 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117675 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117675 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117676 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117676 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117676 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117677 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117677 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117677 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117678 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117678 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117678 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117679 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 7 | XXXX | Credit | Cash reserves less than required by guidelines | Total Cash reserves of '$-XXXX' are less than $0. Total assets $XXXX- funds to close $XXXX,total reserves $XXXX (6 months subj $XXXX+ 2 mo each financed $XXXX)= $XXXX= ($XXXX reserve shortage. Missing additional assets to support reserves. Total Cash reserves of XXXX are less than $0. <br>|  | Document Uploaded. - 09/11/2025 <br>Document Uploaded. - 09/04/2025 <br>Document Uploaded. - 09/04/2025<br>| We are using the full $XXXX for acct XXXX. Previously, a smaller portion was used to align with what the originator used. Also, the guidelines that were used at the initial review stated 2 months PITIA for each financed property. This is no longer required in the new guidelines provided. This is updated. The reserves required were 6 months. The new guidelines state 3 months. This is updated as well. The assets are enough for reserves, funds to close and minimum borrower contribution of 5%. - 09/18/2025<br> Guidelines have been received and reserves were lowered from 6 months to 3 months. Gift funds were used in the approval. According to the guidelines, gift funds may not be used for reserves. The borrower is still short -$XXXX on reserves. - 09/16/2025<br> Based on the rebuttal response we may not have the correct guidelines, that were used to underwrite the file. Our XXXX guidelines do not reflect 3 months reserves. Please clarify and provide the guidelines used to underwrite the loan. - 09/10/2025 |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117679 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 7 | XXXX | Credit | Approval/Underwriting Summary Not Provided | The loan did not contain the Approval/Underwriting Summary. Missing Final 1008 or Final Loan Approval. <br>|  | Document Uploaded. - 09/02/2025<br>| Approval/Underwriting Summary is fully present - 09/16/2025<br>Final 1008 provided. - 09/03/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117679 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 7 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117679 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 7 | XXXX | Credit | Approval - Lender Income Calculation Missing | The loan file did not contain the lender income calculation worksheet as required. Missing the bank statement income calculation worksheet. <br>|  | Document Uploaded. - 09/04/2025<br>| Documentation provided is sufficient. - 09/10/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117679 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 5 of 7 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. Missing 1008 <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117679 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 6 of 7 | XXXX | Credit | Income - Income Documentation Missing | The loan file did not contain the required income documentation. Missing the required business narrative for XXXX<br>|  | Document Uploaded. - 09/02/2025<br>| Business narrative provided for XXXX. - 09/03/2025 |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117679 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 7 of 7 | XXXX | Credit | Gap Credit Report Within 10 Days of Closing is Expired | Gap credit report within 10 days of closing is expired. Gap report within 10 days of closing missing. Gap report dated XXXX. Due to correct guidelines provided to use for this loan, The Gap credit report within 10 days of closing is expired XXXX (22 days from cloing). Gap report within 10 days of closing missing. <br>|  | Document Uploaded. - 09/18/2025<br>| Order date was XXXX - Note date is XXXX - 09/22/2025<br> A duplicate gap report dated XXXX (22 days of closing) is expired. Provide gap report within 10 days of closing. - 09/22/2025 |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117680 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117680 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117680 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117681 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 1 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117681 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 2 of 4 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117681 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 3 of 4 | XXXX | Credit | Income and Employment Do Not Meet Guidelines | Income and employment do not meet guidelines. The coborrower has only been self-employed for 1 year. Per guidelines, borrowers must have been self-employed for 2 years. The updated exception located in the loan file doesn't provide the compensating factors. Please provide the exception with the compensating factors. <br>|  | Document Uploaded. - 09/15/2025 <br>Document Uploaded. - 09/10/2025 <br>Document Uploaded. - 09/03/2025<br>| Received exception - 09/15/2025<br> Exception provided doesn't reflect compensating factors and reserves located at the top of the form still reflect 24 months instead of 14. Please provide the updated exception that clearly lists the compensating factors and if reserves are still being used as a compensating factor, please update from 24 months to 14. - 09/11/2025<br> Exception has been received, but reflects 24 months of reserves as a compensating factor. With the assets in file, the borrower only has 14 months of reserves. Please provide the updated exception. - 09/05/2025 | FICO of 797. 14 months of reserves. Good housing history. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117681 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 4 of 4 | XXXX | Credit | Audited DTI Exceeds Guideline DTI | Audited DTI exceeds guideline DTI. The loan was approved with a DTI of 51.722%. The maximum DTI per guidelines is 50%. The formal exception in the loan file is missing the compensating factors. Please provide the updated exception with the compensating factors. <br>|  | Document Uploaded. - 09/15/2025 <br>Document Uploaded. - 09/10/2025 <br>Document Uploaded. - 09/08/2025 <br>Document Uploaded. - 09/03/2025<br>| Received exception for DTI being greater than 50%. - 09/15/2025<br>Exception provided doesn't reflect compensating factors and reserves located at the top of the form still reflect 24 months instead of 14. Please provide the updated exception that clearly lists the compensating factors and if reserves are still being used as a compensating factor, please update from 24 months to 14. - 09/11/2025<br>Exception provided doesn't list compensating factors - 09/10/2025<br>Exception has been received, but reflects 24 months of reserves as a compensating factor. With the assets in file, the borrower only has 14 months of reserves. Please provide the updated exception. - 09/05/2025<br>| FICO of 797. 14 months of reserves. Good housing history. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117682 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117682 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Credit | Gift Letter - No Evidence for Transfer of Funds | No evidence of the transfer of gift funds from the donor to the borrower was located in the file. Please provide the documentation to support the transfer of funds from XXXX to XXXX for $XXXX. <br>|  | Document Uploaded. Hello, please find the XXXX transfers which match the transfers from the donor. I have highlighted the deposits received into the borrower's XXXX account. Please accept and clear the condition. Thank you. - 09/11/2025 |  |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117682 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117683 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117683 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117683 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Credit | Borrower 1 YTD Profit & Loss Missing | Borrower 1 YTD Profit & Loss missing. Per guidelines, The CPA / EA / CTEC prepared P&L must be signed by both the Borrower and CPA / EA / CTEC. The borrower's signature is missing on the P&L. <br>|  | Document Uploaded. - 09/16/2025 <br>Document Uploaded. - 09/04/2025<br>| Borrower 1 YTD Profit & Loss Provided - 10/21/2025<br>Received P&L with borrower's signature - 09/16/2025<br>Per guidelines, The CPA / EA / CTEC prepared P&L must be signed by both the Borrower and CPA / EA / CTEC. The borrower's signature is missing on the P&L. - 09/08/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117684 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 6 | XXXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. Per the guidelines, when a VOR is used it must be supported by alternative documentation showing the most recent 6-month history (cancelled checks, <br> mortgage/rental statements including payment history, etc.), the borrower stated in a letter that he pays the rent in cash. There is an exception approval in the file. <br>|  |  |  | DTI less than 40%<br> Credit Score 10 points > minimum required<br> Residual income more than 1.5x the amount required by guidelines | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350117684 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 6 | XXXX | Credit | Audited CLTV Exceeds Guideline CLTV | Audited CLTV exceeds guideline CLTV. The maximum CLTV is 80% for a FTHB without a complete 12-month rental history. The rental verification is incomplete due to not being able to provide canceled rent checks. There is an exception approval in the file. <br>|  |  |  | DTI less than 40%<br> Credit Score 10 points > minimum required<br> Residual income more than 1.5x the amount required by guidelines | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350117684 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 6 | XXXX | Credit | Audited HCLTV Exceeds Guideline HCLTV | Audited HLTV exceeds guideline HCLTV. The maximum HCLTV is 80% for a FTHB without a complete 12-month rental history. The rental verification is incomplete due to not being able to provide canceled rent checks. There is an exception approval in the file. <br>|  |  |  | DTI less than 40%<br> Credit Score 10 points > minimum required<br> Residual income more than 1.5x the amount required by guidelines | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350117684 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 6 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. The maximum LTV is 80% for a FTHB without a complete 12-month rental history. The rental verification is incomplete due to not being able to provide canceled rent checks. There is an exception approval in the file. <br>|  |  |  | DTI less than 40%<br> Credit Score 10 points > minimum required<br> Residual income more than 1.5x the amount required by guidelines | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350117684 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 5 of 6 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350117684 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 6 of 6 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350117685 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 6 | XXXX | Credit | Missing Loan Term Sheet | The loan file either does not contain the Loan Term Sheet or other issues were noted. The loan approval, including the program details and lender information, is missing from the loan file. <br>|  | Document Uploaded. Lender approval is attached. - 08/21/2025<br>| approval has been received - 08/25/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117685 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 6 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117685 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 6 | XXXX | Credit | Audited Loan Amount is less than Guideline Minimum Loan Amount | Audited loan amount is less than the guideline Minimum loan amount. The loan amount of $XXXXXis less than the guideline minimum of $XXXX. <br>|  | Document Uploaded. updated exception form is attached. - 08/25/2025 <br>Document Uploaded. Exception review form is attached. - 08/21/2025<br>| Exception has been received for the loan amount being less than guideline requirement. - 08/25/2025<br>The exception has been received, but the LTV is reflected as n/a and the DTI of 45.333. The loan is DSCR inwhich there is no DTI. - 08/25/2025<br>| LTV of 45.33. 46.4 months of reserves. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117685 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 6 | XXXX | Credit | Title issue | Per the title, there are 2 judgments against XXXX that were paid off at close: XXXX & XXXX Please provide documentation to support that these are not personal debts, as this loan is for business purposes and personal debts can't be paid at close.  |  | Document Uploaded. Updated PCCD is attached. - 09/24/2025 <br>Document Uploaded. Transaction history is attached showing the withdrawal of $4810 for the cashier check. - 09/23/2025 <br>Document Uploaded. See attached bank statement, check, and email from creditor - 09/15/2025 <br>Document Uploaded. Attachment is the judgment clearance for one account and LOE for the second account. - 09/05/2025<br>| Documentation provided is sufficient.<br> - 09/26/2025<br> Please provide the updated closing disclosure removing these debts as paid off at closing - 09/23/2025<br> Please provide the asset statement showing the judgement payoff of $XXXX being deducted from the personal account instead of the funds coming from the proceeds. - 09/17/2025<br> Please provide documentation confirming that the judgment was satisfied using the borrower's personal funds rather than proceeds from closing. Supporting documentation should include the borrower's asset statements showing sufficient funds to cover the judgment, along with proof of payment confirming the judgment has been satisfied. - 09/06/2025 |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117685 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 6 | XXXX | Credit | Assets - Insufficient Cash to Close or Reserves | Liquid Funds Post-Close of '$XXXX, are less than $0. Borrower(s) total verified assets are insufficient for cash to close or reserves. <br>|  | Document Uploaded. Please check page 3 of the attached CD; it shows the funds to close to the subject property. <br> - 08/21/2025<br>| Liquid Funds Post-Close are greater than or equal to $0. - 08/25/2025<br>| Per the final CD, the borrower's cash to close is $XXXX and required reserves are $XXXX. Asset documentation hasn't been provided to show that the borrower has sufficient assets for cash to close and reserves. | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117685 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 6 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. - 10/17/2025<br>|  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117686 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 4 | XXXX | Credit | Cash reserves less than required by guidelines | Total Cash reserves of '$XXXX' are less than $0. short cash to close and reserves due to EMD verification missing from the file. <br>|  | Document Uploaded. - 09/24/2025<br>| EMD verified with cleared checks from 2024. Condition resolved. - 09/26/2025<br>Total Cash reserves are greater than $0. - 09/26/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117686 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 4 | XXXX | Credit | Assets - Insufficient Cash to Close or Reserves | Liquid Funds Post-Close of '$XXXX, are less than $0. Borrower(s) total verified assets are insufficient for cash to close or reserves. short cash to close and reserves due to EMD verification missing from the file. <br>|  | Document Uploaded. - 09/24/2025<br>| EMD verified with cleared checks from 2024. Condition resolved. - 09/26/2025<br>Liquid Funds Post-Close are greater than or equal to $0. - 09/26/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117686 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117686 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 4 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117687 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117687 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117687 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117688 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 2 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117688 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 2 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117689 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 5 | XXXX | Credit | Corporation/LLC: Operating Agreement Doc is Missing | The loan file does not contain the Corporation/LLC: Operating Agreement. Provide Tax professional letter or operating agreement that reflects the borrower's 100% ownership percentage in business per guideline requirement. <br>|  | Document Uploaded. - 09/25/2025 <br> Document Uploaded. Loan approved XXXX - 09/24/2025 <br> Document Uploaded. Attached is the CPA letter; this was included with the original package. - 09/23/2025 | Received revised tax preparer letter specifying borrower owns 100% of law practice. - 09/26/2025<br> Received XXXX tax preparer letter which was already in file. The letter does not specify the borrower percentage of ownership in business. The account referenced in the letter that states borrower is 50% owner is a personal account held with another non-borrowing account holder. Provide Tax professional letter or operating agreement that reflects the borrower's 100% ownership percentage in business per guideline requirement. - 09/24/2025 |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117689 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117689 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 5 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117689 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 5 | XXXX | Credit | Asset Qualification Does Not Meet Guideline Requirements | Asset Qualification does not meet guideline requirements. Insufficient assets verified to support reserve requirement: Per XXXX Closing Disclosure (PCCD), $XXXX funds were required to close ($XXXXCash to Close - $XXXXRefund to Borrower) and $XXXX eserves required (6 months), which total $XXXX minimum of total assets required to be verified. However, there are only $XXXXassets verified, which resulted in a shortage of verified assets in the amount of $XXXX. ($XXXX Verified Assets - $XXXXRequired Assets). Please document an additional minimum of $XXXXin verified assets. Note: $XXXX EMD already verified cleared, so this figure was not included in the assets left to be verified calculation. Asset Qualification does not meet guideline Requirements <br>|  | Document Uploaded. Exception review form is attached. - 09/26/2025 <br> Document Uploaded. Lender Approval XXXX - 09/24/2025 <br> Per the new matrix provided before; the required reserves are only 3 months. - 09/23/2025 | Allow three months reserves when guidelines require 6 months reserves - A formal exception is in file. - 09/29/2025<br> Received XXXX revised matrices which specifies minimum three month reserves for XXXX guidelines. However, loan locked by XXXX per final Loan Estimate and the XXXX guideline revision would not apply. The most recent guideline revision prior to lock date was dated XXXX and specifies 6 months reserves minimum required. Please provide approved exception with compensating factors allowing 3 months reserves for this loan. - 09/26/2025<br> Received explanation. Please provide referenced matrix. File review used the XXXX with corresponding matrix. Subject loan locked by XXXX per Loan Estimate. - 09/24/2025 | Compensating factors used were LTV 5% below program maximum, 35.016% debt ratio, 30+ years employment, FICO 50 points higher than program minimum, and 30 years credit depth. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117689 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 5 of 5 | XXXX | Credit | Approval - Lender Income Calculation Missing | The loan file did not contain the lender income calculation worksheet as required. The loan file must include an income worksheet detailing income calculations per guideline requirement. <br>|  | Document Uploaded. Income Calc worksheet is attached. - 09/23/2025<br>| Received originator's bank statement income analysis. A $XXXX deposit from XXXX was included in their calculation; however, with no sourcing of the large deposit provided. DTI still within program with $XXXX deposit backed out. - 09/24/2025 |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117690 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Credit | Builder is in control of HOA | Builder is in control of HOA. Per guidelines-Fully functioning kitchen required – defined as full-size appliances including a refrigerator and stove/oven, Bedroom required (studios are ineligible), and HOA must be conveyed to the unit owners; no developer or builder-controlled projects allowed. Loan approved with Front desk; Developer Control (no estimated turn over date); Mandatory or voluntary rental agreements; Unit contains living room bedroom combination - does not have a designated bedroom (unit is a studio) <br>|  |  |  | Compensating factors-High Fico, Low LTV, and High DSCR | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117690 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Per guidelines-Fully functioning kitchen required – defined as full-size appliances including a refrigerator and stove/oven, Bedroom required (studios are ineligible), and HOA must be conveyed to the unit owners; no developer or builder-controlled projects allowed. Loan approved with Front desk; Developer Control (no estimated turn over date); Mandatory or voluntary rental agreements; Unit contains living room bedroom combination - does not have a designated bedroom (unit is a studio) <br>|  |  |  | Compensating factors-High Fico, Low LTV, and High DSCR | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117690 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117690 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117690 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Credit | Eligibility - Investor Experience | The borrower(s) investor experience does not meet guideline requirements. Experienced Investor: An experienced investor is an individual borrower having a history of owning and managing commercial or residential rental real estate for at least 1 year in last 3 years. No documentation in file verifying. Without documentation borrower also wouldn't meet First time investor as 36 mos primary housing history required and only 16 mos verified with cbr for borrower primary. <br>|  | Document Uploaded. - 09/15/2025 <br> Document Uploaded. - 09/15/2025 <br> The borrower has resided at current property since XXXX. I have uploaded the current mortgage history and also has former history covering 24, 26 and 36 months so borrower meets the experienced investor criterion. Please clear. Thank you. XXXX - 09/15/2025 | documentation meet requirements - 09/17/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117691 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117691 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117691 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 3 of 3 | XXXX | Credit | Hazard Insurance Coverage Amount is less than Required Coverage Amount | Coverage Amount - Hazard insurance amount is less than required coverage amount. The property insurance policy only covers the Actual Cash Value (ACV) of the roofs, not the full cost to replace them. Per guidelines, the hazard insurance coverage of the dwelling, excluding other structures, must be equal to or greater than one of the following: 100% of the replacement cost per a replacement cost estimator from the property insurer or a 3rd party source. A formal exception is located in the loan file but is missing compensating factors. Please provide the updated exception. <br>|  | Document Uploaded. Please see the exception report form. Compensating factors noted on the form: 736 Fico score, 77 months of reserves, employed at same job for 19 years. Please accept and clear the condition. Thank you. - 09/24/2025<br>| Exception for inadequate insurance coverage has been received. - 09/27/2025<br>| 736 Fico score, 77 months of reserves, employed at same job for 19 years. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117692 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Property Issue - Land size outside of guidelines | The subject's site size was atypical for the area and/or outside of guidelines. Per the guidelines, for investment properties 5 acres is the maximum lot size, the subject lot size is XXXX acres. There is an exception request/approval in the loan file. <br>|  |  |  | Low LTV of 36.585%<br> 34.7 months reserves exceed the guideline minimum of 3 months. <br> Housing history 0x30<br> Credit 785 w/34+ years credit depth | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117692 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | Final CD: Prepayment Penalty is missing or inaccurate | Penalty inaccurate. Per LM input 36mos/20% of original principal amount/5% for 3 yrs=$XXXX vs final CD $XXXX (which is just based on original principal amount)  |  | Document Uploaded. Updated PCCD - 09/11/2025<br>| documentation meet requirements - 09/12/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117692 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Assets - Large Deposits | The loan file does not contain all required asset documentation. Asset statements in file verified a large deposit which when removed from assets results in a shortage and the loan file does not contain sufficient documentation to source the deposit. $XXXX XXXX & $XXXX XXXX. No explanation in file for large deposits. <br>|  | The guidelines require assets to be sourced or seasoned for 30 days as noted in the guides.<br>1. For the DSCR program this condition is found in 14.7.2 Assets to be used for down payment, closing costs, debt payoff, and reserves must be seasoned for 30 days from closing date or sourced.<br> 2. Assets in the XXXX are adequately seasoned over 30 days. <br> 3. The deposit of $XXXX came in on 07/23/2025 and the deposit of $XXXX came in on XXXX. The loan did not close until XXXX leaving more than 30 days of adequate seasoning meeting the guideline requirement.<br> 4. The XXXX had a balance of over $XXXX on XXXX as well.<br> - 09/10/2025 | explanation meet requirements - 09/12/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117693 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 7 | XXXX | Credit | Third Party Fraud Report not Provided | Missing third party fraud report. <br>|  | Document Uploaded. Please see the attached Fraudguard report. Thank you. - 09/11/2025<br>| Received document. - 09/13/2025<br>Third party fraud report is provided - 09/13/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117693 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 7 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117693 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 7 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117693 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 7 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Waiving escrows when all criteria met except for FICO less than 720, and FICO score is 699 - A formal exception is in file; however, final Closing Disclosure and First Payment Letter reflects subject loan will be impounded. Please provide explanation with supporting documentation (ex. escrow waiver, revised first payment letter, revised Closing Disclosure) to support no impounds. <br>|  | Per final CD, escrows are being collected. There is not escrow waiver noted on this loan. Please clear/waive the condition. Thank you. - 09/12/2025<br>| Received explanation and confirmed impounds. - 09/13/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117693 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 5 of 7 | XXXX | Credit | Corporation/LLC: Operating Agreement Doc is Missing | The loan file does not contain the Corporation/LLC: Operating Agreement. Missing evidence of borrower's percentage ownership of XXXX for income calculation purposes. <br>|  | Document Uploaded. Please see the operating agreement for the company. The last page reflets XXXX percentage of 55%. Please clear. Thank you. - 09/12/2025 | Received Company Agreement which shows borrower has 55% ownership. Length business entity has been active has already been addressed with an approved exception. - 09/13/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117693 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 6 of 7 | XXXX | Credit | Employment - Insufficient Years Self-Employed | The loan file verified self-employment of less than 2 years at origination which does not meet guidelines. Borrower has less than two years (1 year, 8 months) self employment when a minimum of two years is required - A formal exception is in file. <br>|  |  |  | Compensating factors used were LTV is 5% or more below maximum allowed, Reserves 16 months, and Good housing history 0x30x24 months. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117693 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 7 of 7 | XXXX | Property | Other Property/Value Finding | Subject property outbuilding (workshop/metal building) encroaches over and across a 10x20 ft. utility easement - A formal exception is in file. <br>|  |  |  | Compensating factors used were LTV 5% or more below maximum allowed, Reserves 16 months, and Good housing history 0x30x24 months. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117694 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 5 | XXXX | Credit | FEMA Declared Disaster Area Post Closing Review | The subject property was located in a FEMA declared disaster area. Post closing property inspection report required. <br>|  | Document Uploaded. Please check page 5 of 27 of the updated appraisal dated XXXX - the appraisal commented there was no impact. this was included with the original package; and please see again. - 09/15/2025 | Documentation provided is sufficient. - 09/18/2025<br>Documentation provided is sufficient. - 09/18/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117694 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 5 | XXXX | Credit | Fraud Report Shows Uncleared Alerts | Fraud Report shows uncleared alerts. <br>|  | Document Uploaded. Fraud Clearance is attached. - 09/15/2025<br>| Documentation provided is sufficient. - 09/18/2025<br>All Fraud Report Alerts have been cleared or None Exist - 09/18/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117694 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 5 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117694 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 5 | XXXX | Credit | Cash reserves less than required by guidelines | Total Cash reserves of '$-XXXX' are less than $0. Per the XXXX XXXX matrix the reserve requirement is 6 months. The file documentation supports 5.88 months. Please document additional funds for reserves, or provide formal exception including compensating factors. <br>|  | Document Uploaded. Per XXXX; minimum reserves are 3 months. - 09/15/2025 | Documentation provided is sufficient. - 09/18/2025<br>Total Cash reserves are greater than $0. - 09/18/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117694 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 5 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117695 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Audited Loan Amount is less than Guideline Minimum Loan Amount | Audited loan amount is less than the guideline Minimum loan amount. Loan amount of $XXXX is less than the minimum guideline amount of $XXXX. Please provide a formal exception with compensating factors. <br>|  | Document Uploaded. Exception form is attached. - 09/09/2025<br>| Received exception for loan amount being less than the minimum guideline amount of $XXXX. - 09/12/2025 | LTV of 75%. At least 13 months of reserves. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117695 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117695 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117696 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Credit | Fraud Report Shows Uncleared Alerts | Fraud Report shows uncleared alerts. <br>|  | Document Uploaded. Hello, please see that both are low alerts. First alert-the underwriter reviewed the parameters of the file and had no issues. The 2nd alert --dealt with the vested owner. Please see the accompanying documentation to support the owner for the property. Please accept. Thank you. - 09/15/2025 <br>Document Uploaded. - 09/13/2025<br>| Received documentation to address alerts. - 09/16/2025<br>All Fraud Report Alerts have been cleared or None Exist - 09/16/2025<br>Received referenced of cleared alerts uploaded; however, no documentation was received. Please re-upload the requested cleared alerts for the subject loan. - 09/15/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117696 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117696 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117697 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 4 | XXXX | Credit | Hazard Insurance Effective Date is after the Disbursement Date | Hazard insurance effective date is after the disbursement date. Hazard insurance effective date of XXXX is after the disbursement date of XXXX. Please provide the updated policy. <br>|  | Document Uploaded. Please find the homeowner insurance policy dated the same date as the note. Please accept and clear the condition. Thank you. - 09/19/2025<br>| Updated policy with the effective date of XXXXX has been received - 09/22/2025<br> Hazard Insurance Effective Date of XXXX is prior to or equal to the Disbursement Date of XXXX Or the Date(s) Are Not Provided - 09/22/2025 |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117697 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 4 | XXXX | Credit | Audited DTI Exceeds Guideline DTI | Audited DTI exceeds guideline DTI. Subject DTI is 51.98%. Maximum DTI per guidelines is 50%. A Formal Exception was done to allow. <br>|  |  |  | High reserves, Residual income is greater than $3,500. 713 FICO.  | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117697 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117697 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 4 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117698 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117698 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117698 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | Final CD: Prepayment Penalty is missing or inaccurate | Per PPP addendum 12 mos/20% of the original principal/5% =$XXXX vs amount listed on final CD $XXXX. $XXXX is based off 12 mos/original principal/5%, which is not stated on PPP addendum.  |  | Document Uploaded. Updated PCCD - 09/16/2025<br>| documentation meet requirements - 09/18/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117699 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117699 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117699 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117700 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117700 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117700 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117701 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117701 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117701 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Guidelines require for 12 months business bank statement program a minimum of 50% business ownership. However, per CPA letter, borrower has a 47% ownership interest in the business. No approved exception was found in file. <br>|  | Document Uploaded. - 10/21/2025<br>| 12 months bank statement program with 47% business ownership - A formal exception is in file. - 10/21/2025<br>| Compensating factors used were 23.148% debt ratio, 64.143% LTV/CLTV, Self employment since XXX and same line of work since the year XXXX, and $XXXX monthly residual income. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117702 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Credit | Borrower 1 Total Years Employment Verified is Less Than 24 Months | Borrower 1 total years employment verified is less than 24 months. Bororwer has been self employed less than the 2 years required by guidelines. A formal exception was done to allow. <br>|  |  |  | Compensating factors listed as Reserves exceed requirement by 2 or more months-28mo (6mo), DTI <= 40% (or 5% below maximum required if lower DTI required): 12.913% (50%), Residual income more than 1.5x the amount required by guidelines: $XXXX | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350117702 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350117702 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350117703 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 5 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117703 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117703 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 5 | XXXX | Credit | Title - Ownership Issue | Title documents provided in the loan file reflected potential ownership issues. Missing Grant Deed/Warranty Deed transferring subject title to borrower. <br>|  | Document Uploaded. - 10/08/2025<br>| Received executed indenture transferring subject title to borrower. - 10/14/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117703 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 5 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. 85% LTV borrower living rent free when guideline maximum is 80% LTV for borrower living rent free. A formal exception is in file. <br>|  | Compensating factors used were 721 credit score, 17 months reserves when minimum 6 months reserves required, and 24 months mortgage payment histories paid as agreed for all properties owned. - 10/07/2025 <br>|  |  | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117703 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 5 of 5 | XXXX | Credit | Eligibility - Borrower Identity | The loan file reflected potential identity issues. Borrower's identification expired XXXX when the subject Mortgage was signed XXXX. Provide current, government-issued identification as of the subject closing date XXXX <br>|  | Document Uploaded. Please see the USA Patriot Act Disclosure reflecting expiration date of XXXX. This is what is utilized for validation of identification. Please accept. Thank you. - 10/08/2025 | Received executed USA Patriot Act Disclosure which showed borrower's identification expiring XXXX. - 10/14/2025 |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117704 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117704 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117704 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Credit | Assets - Insufficient Source Seasoning | The loan file does not contain all required asset documentation. Assets required for closing were not sufficiently seasoned. The deposit from the sale of the vehicle requires documentation of ownership and value. Please provide a copy of the title or documentation that the borrower owned the vehicle and also documentation to support the value. <br>|  | Document Uploaded. - 10/14/2025<br>| Documentation provided is sufficient. - 10/14/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117705 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. Rent history is documented with a VOR from a private individual. Guidelines require cancelled checks with a VOR form a private landlord. Borrower was unable to provide cancelled checks. A formal exception was done to allow current documentation. <br>|  |  |  | Compensating factor is 9 month reserves required. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350117705 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350117705 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350117706 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117706 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117706 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117707 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Non-arm's length transaction when guidelines require Arm's Length transaction - A formal exception if in file. <br>|  |  |  | Compensating factors used were Credit score 800+, Good credit history, and 96 months reserves. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350117707 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350117707 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350117708 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117708 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117708 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117709 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 6 | XXXX | Credit | Missing Business Purpose Affidavit | File is missing statement of business purpose. Unable to locate the business purpose and/or occupancy affidavit. <br>|  | Document Uploaded. Business Purpose affidavit attached. - 09/08/2025<br>| documentation meet requirements - 09/09/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117709 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 6 | XXXX | Compliance | The Final 1003 is Missing | The final 1003 is missing. Unable to locate the final 1003 in the file <br>|  | Document Uploaded. Application attached. - 09/08/2025<br>| documentation meet requirements - 09/10/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117709 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 6 | XXXX | Credit | Missing Fraud Product | Unable to locate the fraud report in the file. <br>|  | Document Uploaded. Borrower background and credit attached. - 09/08/2025<br>| documentation meet requirements - 09/09/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117709 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 6 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117709 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 6 | XXXX | Compliance | Missing Prepayment Rider | Per the note there is a prepayment penalty. Unable to locate the prepayment rider in the file. <br>|  | Hello - Law office does not typically include a PPP rider for XXXX closings. There is a PPP per the note. - 09/08/2025 | documentation and explanation meet requirements - 09/09/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117709 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 6 | XXXX | Credit | Approval/Underwriting Summary Not Provided | The loan did not contain the Approval/Underwriting Summary. <br>|  | Our loans do not include 1008s / UW summaries - 09/08/2025<br>| explanation meet requirements - 09/09/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117710 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Compliance | Other Rider is Missing | Unable to locate the prepayment rider. <br>|  | Hello - Law office does not typically include a PPP rider for XXXX closings. There is a PPP per the note. - 09/11/2025 |  |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117710 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Compliance | The Final 1003 is Missing | The final 1003 is missing. Unable to locate the Final 1003 in the file. additional conditions may apply <br>|  | Document Uploaded. Please see the attached application - 09/11/2025<br>| application has been received. - 09/15/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117710 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Credit | Missing Fraud Product | Unable to locate the fraud report in the file <br>|  | Document Uploaded. Please see the attached - 09/11/2025<br>|  |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117710 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117710 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Credit | Approval/Underwriting Summary Not Provided | The loan did not contain the Approval/Underwriting Summary. Please provide the loan approval<br>|  | Our loans do not include 1008s / UW summaries - 09/11/2025<br>|  |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117711 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 6 | XXXX | Credit | Title Commitment - Incorrect Data | The title commitment shows incorrect data. Provide title commitment with correct loan amount of $XXXX<br>|  | Document Uploaded. Please see the attached. - 10/15/2025<br>| Received updated settlement statement which showed $XXXX Lender's Title Policy coverage amount. - 10/16/2025 |  | XXXX | Resolved | 2 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117711 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 6 | XXXX | Credit | Missing Tax Cert |  |  | Document Uploaded. Please see the attached. - 10/15/2025<br>| Received tax cert supporting $XXXX annual taxes for subject. - 10/16/2025 |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117711 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 6 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117711 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 6 | XXXX | Credit | Missing Lease Agreement | Provide Lease Agreement for current tenant evidencing rental amount of $1500/month <br>|  | Document Uploaded. Please see the attached. - 10/10/2025<br>| Received subject current lease agreement supporting $XXXX monthly. - 10/16/2025 |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117711 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 6 | XXXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. Missing 24 months primary housing payment history. <br>|  | Hello - We do not require 24mo of primary housing history for DSCR loans. - 10/10/2025<br>| Received explanation. - 10/16/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117711 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 6 | XXXX | Compliance | Disclosure - Escrow Waiver Not Executed | Escrow Waiver is not executed. <br>|  | Escrows were not waived on this loan. Lines 1001 and 1004 on the HUD show initial impounds. - 10/10/2025<br>| Received explanation and verified that seven months of hazard insurance and annual payment for property taxes were made through the transaction and notated as such in the Reserves Deposited With Lender section of the settlement statement. - 10/16/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117712 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117712 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117712 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117713 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350117713 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350117713 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Audited FICO is less than Guideline FICO | Audited FICO is less than guideline FICO. Guidelines require a minimum credit score of 720 when the DSCR is less than 1.0. A formal exception is in the file for a credit score of 718 and a DSCR of 0.970. <br>|  |  |  | Loan approved based on verified monthly reserves and 4 months more than guidelines minimum, housing payment history 0x30x24 or better, Borrower has real estate investment experience as seasoned investor with more than 2 prior investments displaying at least 0x30x12 pay history. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350117714 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Credit | Borrower 1 Total Years Employment Verified is Less Than 24 Months | Borrower 1 total years employment verified is less than 24 months. Per the Guidelines borrower business must be in existence for a minimum of two years. Borrower business has been existence for 19 months. <br>There is an exception approval in file. <br>|  |  |  | Low DTI of 16% <br> High Residual Income | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117714 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Property | No Property Findings | Loan meets applicable appraisal guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117714 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117715 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 2 | XXXX | Property | Property Issue - Neighborhood Location | The subject appraisal verified a neighborhood location not allowed per guidelines. Per the guidelines, rural properties are ineligible. The file contains an exception approval for rural property. <br>|  |  |  | Fico 814<br> 0x30 for 24 months on all mortgages<br> Reserves 15 months | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117715 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 2 | XXXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. Per the guidelines, borrowers with no primary housing history are ineligible. There is an exception approval in the file. <br>|  |  |  | Fico 814<br> 0x30 for 24 months on all mortgages<br> Reserves 15 months | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117716 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117716 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117716 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117717 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 1 of 3 | XXXX | Compliance | The Final 1003 is Incomplete | The final 1003 is incomplete. The final 1003 does not reflect the subject property in the real estate owned section. <br>|  | Document Uploaded. Please find the 1003 reflecting real estate under section 3. Please accept and clear. Thank you. - 10/16/2025<br>| Updated URLA with REO disclosed has been provided, condition resolved. - 10/17/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117717 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117717 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117718 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117718 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Credit | Credit Documentation - Mortgage History | The loan file did not contain sufficient mortgage payment history. Missing departing residence 12 months mortgage history for property at XXXX. The Transaction History Report provided shows a mortgage encumbrance with XXXX. Per evidence of insurance, property currently owned free & clear of encumbrances; however, no evidence was provided to show XXXX N/A was reconveyed over 12 months prior to the subject loan close and no mortgage history for the property was otherwise provided. <br>|  | Document Uploaded. Please see the certification regarding no mortgage on the property at XXXX. Please clear. Thank you. - 10/14/2025 | Received explanation. - 10/17/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117718 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117719 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117719 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117719 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117720 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117720 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117720 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117721 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117721 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117721 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. The loan was approved with funds from net proceeds of $XXXX. Documentation of those funds and the liability associated with thos funds are missing from the loan file. <br>|  | Document Uploaded. The $XXXX are net proceeds from the subject loan. The LOX provided supports intent of using net proceeds from this cash out loan as reserves - hence, the amount sufficient to cover the required reserves was entered. Borrower rec'd $XXXX + as cash in hand. $XXXX of which was used to meet the min. 9 mo. reserve requirement. - 10/06/2025 | Explanation is sufficient - 10/12/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117722 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 5 | XXXX | Credit | Liabilities - Excluded Debts | There was no explanation or support for the omission of one or more debts from the initial application. Per final 1003 debts to be paid off not listed on final CD, provide evidence that these have been satisfied with: XXXX Servicing #XXXX $XXXX. Additional conditions may apply. <br>|  | Document Uploaded. The 4 mortgages in question were paid or in the process of being paid off - new payments were included in DTI. XXXX used LE as worst case. - 10/06/2025 | Received documentation to show all referenced liens paid off except for XXXX lien secured against XXXXX, as only a Loan Estimate was provided. Worst case, XXXX mortgage payment added to DTI results in revised DTI of 44.85% and still within program requirements. - 10/14/2025 |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117722 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 5 | XXXX | Credit | Title Document is Incomplete | Title document is incomplete. The subject transaction is a CEMA. Please provide the following which was not found in file: CEMA and all exhibits to the CEMA Agreement, Title supplement showing the original Gap/Note (lien) and the new lien amount, and Title supplement showing any Assignments not previously recorded. <br>|  |  | Title documents are fully present - 09/26/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117722 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117722 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 5 | XXXX | Credit | Cash Out Does Not Meet Guideline Requirements | Cash out does not meet guideline requirements. Guidelines allow maximum cash in hand with over 65% LTV of $1MM, when cash in hand per XXXXClosing Disclosure was $XXXX with no approved exception provided. <br>|  | Document Uploaded. - 09/24/2025<br>| $XXXX proceeds when guideline maximum allows $XXXX cash out in hand - A formal exception with investor approval was provided. - 09/26/2025 | Compensating factors used were 69.768% LTV, 8.61% front end debt ratio, Back end debt ratio including investment properties without rental income is less than 39%, $XXXX investment portfolio with a total LTV of 61.13% which supports the borrower's ability to manage real estate position over 10+ years, LTV less than 70%, Credit score higher than 740 and at least 20 points higher than guideline minimum, , and more than two prior investments displaying at least 0x30x12 payment history. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117722 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 5 of 5 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117723 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 5 | XXXX | Credit | HO6 Master Insurance Policy is Missing | Missing Condo / PUD project master insurance policy. The master condo policy is missing from the loan file. <br>|  | Document Uploaded. - 10/08/2025<br>|  |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117723 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117723 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 5 | XXXX | Compliance | Lender Credits That Cannot Decrease Test (50001262) | The baseline amount of non-specific (lump sum) lender credits and specific lender credits disclosed is ($XXXX. The Last CD shows a total lender credit amount of ($XXXX). The following fees "lender credits" have decreased below their baseline amounts (Recordation Tax/Mortgage Tax). Non-specific lender credits are generalized payments that do not pay for a particular fee. Specific lender credits are specific payments to pay for a specific fee. The total amount of non-specific and specific lender credits cannot decrease unless a new disclosure is provided and there is a valid changed circumstance associated with the re-disclosure, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3)(i) and comments 19(e)(3)(i)-5 and -6; 12 CFR 1026.19(f)(2)(v); 12 CFR 1026.37(g)(6); 12 CFR 1026.38(h)). Lender paid Mortgage tax decreased from $XXXX to XXXX, a difference of $XXXX<br>|  | Document Uploaded. - 10/01/2025<br>| Received fee breakdown - 10/02/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117723 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 5 | XXXX | Compliance | Lender Credits That Cannot Decrease Test (Fees-Limited) | The baseline amount of non-specific (lump sum) lender credits and specific lender credits is ($XXXX. The actual total fee amount shows a credit amount of ($XXXX. The following actual fees submitted as "lender credits" have decreased below their baseline amounts (Recordation Tax/Mortgage Tax). Non-specific lender credits are generalized payments that do not pay for a particular fee. Specific lender credits are specific payments to pay for a specific fee. The total amount of non-specific and specific lender credits cannot decrease unless a new disclosure is provided and there is a valid changed circumstance associated with the re-disclosure. (12 CFR 1026.19e)(3) and comments 19(e)(3)-5 and -6; 12 CFR 1026.37(g)(6); 12 CFR 1026.38(h)). Duplicate finding - See related open finding <br>|  |  | Received fee breakdown - 10/02/2025<br>|  | XXXX | Resolved | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117723 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 5 of 5 | XXXX | Credit | Credit Documentation - Letter of Explanation | The loan file did not contain a letter of explanation as required. The subject transaction is a cash out refinance. Per guidelines, the borrower must indicate the purpose of the cash out proceeds. This letter of explanation is missing from the loan file. <br>|  | Document Uploaded. - 09/30/2025<br>| Cash out letter has been received - 10/03/2025<br>|  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117724 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117724 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117724 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117725 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 9 | XXXX | Credit | Verification Documentation - Expired | The following loan documents were expired at the time of closing. Please note this file is a Foreign National, Passport expired on XXXX<br>|  | Document Uploaded. Borrower got her passport renewal but still pending physical id. Attached screenshot of renewal process. - 10/16/2025<br>| documentation meet requirements - 10/16/2025<br>|  | XXXX | Resolved | 2 | 1 | 4 | 2 |
| XXXX | XXXX | 4350117725 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 9 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. LTV exceeds guideline LTV 65%. LTV is 75% with DSCR 1 > DSCR ≥ 0.75 for Foreign National loan. Exception approval in file.<br>|  |  |  | Compensating factors-Have 6.3 month reserves | XXXX | Waived | 2 | 2 | 4 | 2 |
| XXXX | XXXX | 4350117725 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 9 | XXXX | Compliance | TRID: Missing Final Closing Disclosure | The loan file does not contain the Final Closing Disclosure. <br>|  | Loan is a business purpose loan. Our business purpose settlement statement serves as a final cd instead. - 09/10/2025<br>| alta settlement in file used - 09/10/2025<br>TRID: Final Closing Disclosure Provided - 09/10/2025<br>|  | XXXX | Resolved | 4 | 1 | 4 | 2 |
| XXXX | XXXX | 4350117725 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 9 | XXXX | Credit | Missing Automatic Debit Payment Agreement (ACH) form | Executed Automatic Debit Payment Agreement (ACH) form is not provided as required per guidelines. <br>|  | Document Uploaded. attached. - 09/10/2025<br>| documentation meet requirements - 09/10/2025<br>|  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | XXXX | 4350117725 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 9 | XXXX | Compliance | Missing evidence of rate lock | Missing evidence of Rate Lock. <br>|  | This is a business purpose loan. - 09/10/2025<br>| explanation meet requirements - 09/10/2025<br>|  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | XXXX | 4350117725 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 9 | XXXX | Property | No Property Findings | Loan meets applicable appraisal guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | XXXX | 4350117725 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 7 of 9 | XXXX | Credit | Approval/Underwriting Summary Deficient | Approval/Underwriting Summary is deficient. <br>|  | Document Uploaded. Attached again. These are completed. What do you mean by partial? - 09/10/2025<br>| Error with finding. Documentation meet requirements. - 09/10/2025<br>|  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | XXXX | 4350117725 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 8 of 9 | XXXX | Credit | Audited CLTV Exceeds Guideline CLTV | Audited CLTV exceeds guideline CLTV. LTV exceeds guideline LTV 65%. LTV is 75% with DSCR 1 > DSCR ≥ 0.75 for Foreign National loan. Exception approval in file. <br>|  |  |  | Compensating factors-Have 6.3 month reserves | XXXX | Waived | 2 | 2 | 4 | 2 |
| XXXX | XXXX | 4350117725 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 9 of 9 | XXXX | Credit | Audited HCLTV Exceeds Guideline HCLTV | Audited HLTV exceeds guideline HCLTV. LTV exceeds guideline LTV 65%. LTV is 75% with DSCR 1 > DSCR ≥ 0.75 for Foreign National loan. Exception approval in file. <br>|  |  |  | Compensating factors-Have 6.3 month reserves | XXXX | Waived | 2 | 2 | 4 | 2 |
| XXXX | XXXX | 4350117726 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117726 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117726 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. First Time Home Buyers ("FTHB") are allowed on an exception basis. First time investor allowed. A formal exception is in the loan file. <br>|  |  |  | 3 months reserves greater than program requirement; High FICO over program; High DSCR | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117726 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. First time homebuyer LTV max is 70% per guidelines dated XXXX. (Approval date XXXX). The current LTV is 80%, reduction of 5% is 75%. Missing an exception for LTV. <br>|  | Document Uploaded. attached. - 10/20/2025<br>|  | 3 months reserves greater than program requirement; High FICO over program; High DSCR | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350117727 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117727 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117727 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117728 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117728 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117728 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117729 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117729 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117729 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Assets - Insufficient Cash to Close or Reserves | Funds to close $XXX + EMD $52,500 = $XXXX - Verified assets $XXXX = -$XXXX funds shortage. Required reserves shortage -$XXXX. Missing proof EMD cleared borrower's account via canceled check etc. This will clear the both shortages.  |  | Our guidelines don't request for specific clearing. Just confirmation EMD was received by title which we have with the escrow letter. - 10/17/2025<br>| Title letter confirms $XXXX EMD received. This resolves cash to close/ reserves. - 10/20/2025 |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117730 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117730 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests performed HEI/HEA review | Future Equity loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117730 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350117731 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117731 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117731 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Credit | Calculated DSCR does not meet the Minimum DSCR allowed | The audited DSCR is .915 based on lease income of $XXXX and PITIA of $XXXX (P&I $XXXX, HOI of $XXX, and taxes of XXXX). The minimum DSCR is 1.0 for borrower's with credit scores < 720. Borrower does not meet guidelines.  |  | Document Uploaded. Please see the attached. - 10/21/2025 <br>Our guidelines call out the highest PG credit score as the one used for qualifying. Loan credit score is 763 which qualifies. - 10/08/2025<br>| XXXX is not required to sign the Loan Agreement or Deed as XXXX owns 60% of the business. - 10/22/2025<br> Received an updated Note and Guaranty signed by XXXX, but missing Loan Agreement and Commercial Deed of Trust, Security Agreement and Fixture Filing fully executed by XXXX. - 10/21/2025<br> The 763 credit score belongs to XXXX who did not sign the Note or Personal Guaranty; unable to use the 763 credit score. - 10/20/2025 |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117731 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Audited reserves months are less than the guideline required reserve months. The audited reserves are $XXXX plus 4 months payment reserves of $XXXX; total verified reserves are $XXXX. Guidelines require 9 months reserves ($XXXX). The borrower is short $XXXX in reserves. Please provide additional asset statements to meet the reserves requirement. Note Unable to consider the assets of XXXX as the Note and the Guaranty was not signed by XXXX. <br>|  | Document Uploaded. Please see the attached so that we can consider funds from XXXX - 10/21/2025 | XXXX is not required to sign the Loan Agreement or Deed as XXXX owns 60% of the business. - 10/22/2025<br> Received an updated Note and Guaranty signed by XXXX, but missing Loan Agreement and Commercial Deed of Trust, Security Agreement and Fixture Filing fully executed by XXXX. - 10/21/2025 |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350117732 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Credit | Missing Property Tax Cert | Missing property tax cert. <br>|  | Document Uploaded. Please see the attached. - 10/16/2025<br>| Received subject property Tax Certificate. Property taxes calculated as $XXXX based on the $XXXX sales price and 1.52% Tax Rate noted. - 10/20/2025 |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117732 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117732 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117732 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Credit | Asset 1 Does Not Meet Guideline Requirements | Asset does not meet G/L Requirements. Provide Operating Agreement or other valid third party documentation to show Guarantor's percentage ownership of XXXX per XXXX account ending in #XXXX. This is the sole asset documentation provided to support funds to close and reserve requirements, and the account is held by the aforementioned business entity. <br>|  | Document Uploaded. Please see the attached resolution - 10/21/2025 <br> Document Uploaded. Please see the attached OA and Resolution confirming PG's access of funds. - 10/16/2025 | Received Operating Agreement with amendment that shows Guarantor has 80% interest with general language regarding banking powers in document. - 10/22/2025<br> Received operating agreement which shows Guarantor has 5% interest in the company. The Operating Agreement does not specify who is authorized to access bank account funds for XXXX. The XXXX corporate resolution for the aforementioned corporation authorized any member to executed conveyance documents and any necessary documents required for the purchase of real estate. However, the subject property is not owned by XXXXand this corporation would otherwise not be relevant to this transaction. Provide bank account documentation to show Guarantor is an authorized signer of XXXX account ending #XXXX - 10/20/2025 |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350117732 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Credit | Assets - Insufficient Cash to Close or Reserves | Borrower(s) total verified assets are insufficient for cash to close or reserves. Verified assets are short $XXXX, due to the following: Total assets verified were $XXXX (XXXX); however, $XXXX in assets ($XXXX funds to close + $XXXX earnest money deposit + $XXXX reserves) were required to be verified. Provide documentation to document the earnest money deposit and additional source of asset funds.  |  | We did not require history for account #XXXXX as it is not needed for liquidity. We have a post close account balance for #XXXX that is greater than then the $XXXX(9 months) in required liquidity and 4 months of interest reserves collected on HUD as well as proof of cash to close being sent from account XXXX. The earnest money deposit is non-material due to the amount. - 10/23/2025 <br> Document Uploaded. Please see the attached current account statement from the borrower showing $XXXX in post close liquidity as of XXXX - 10/23/2025 <br> Document Uploaded. Please see the attached resolution. - 10/21/2025 <br> Document Uploaded. Please see the attached. - 10/15/2025 | Received clarification from lender. We received 3 months bank statements for said bank account in the loan file, plus proof of wire of the funds required to close. Downgraded to 2 based on post-close balance update for reserves. - 10/23/2025<br> Received online XXXX balance summary for business accounts. Guidelines require a minimum of one month account history for accounts used for assets. There is no one month history for XXXX account #XXXX In addition, no explanation provided regarding the EMD as to whom it came from. The $XXXX EMD wire advice referenced "XXXX as the sender. Please provide a minimum one month history for XXXX account #XXXX and an explanation as to the source of the EMD to determine if it is a valid source of assets for the transaction. - 10/23/2025<br> Received amended Operating Agreement reflecting Guarantor is 80% owner of company. Still short XXXXverified assets ($XXXXEMD came from an unknown person and $XXXXX is required for reserves and assets for this still need to be documented). - 10/22/2025<br> Received settlement agent receipts for deposit to escrow in the amounts of $5XXXX (EMD) from "XXXX" and $XXXX from "XXXX(sic)". Need bank account for XXXXending in #XXXX that shows borrower is an authorized signatory of the account. The Operating Agreement did not specify who was authorized to access corporation's bank accounts. Unknow who XXXX is as it related to the subject transaction so non-material due to amount. However, need documentation to show borrower is authorized to access XXXX for asset purposes. - 10/20/2025 |  | XXXX | Acknowledged | 3 | 2 | 3 | 2 |

---

## Exhibit 99.23

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.23**

![](ex99-001.jpg)

Client COLT 2025-11 <br> Transaction COLT 2025-11 <br> Date 10/27/2025

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Mapped ID** | **Deal ID** | **Customer Loan ID** | **Seller Loan ID** | **Note Date** | **Original Loan Amount** | **Initial Loan Rating** | **Final Loan Rating** | **Initial Credit Rating** | **Final Credit Rating** | **Initial Compliance Rating** | **Final Compliance Rating** | **Initial Valuation Rating** | **Final Valuation Rating** |
| XXXX | XXXX | 4350117622 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117623 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117624 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117625 | XXXX | XXXX | XXXX | XXXX | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 D A |
| XXXX | XXXX | 4350117626 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350117627 | XXXX | XXXX | XXXX | XXXX | 4 | 2 | 4 | 2 | 1 | 1 | 3 | 1 D B A C |
| XXXX | XXXX | 4350117628 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117629 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117630 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117631 | XXXX | XXXX | XXXX | XXXX | 4 | 2 | 3 | 2 | 4 | 1 | 1 | 1 D B C A |
| XXXX | XXXX | 4350117632 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117633 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117634 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117635 | XXXX | XXXX | XXXX | XXXX | 4 | 2 | 3 | 2 | 4 | 1 | 3 | 2 D B C A |
| XXXX | XXXX | 4350117636 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117637 | XXXX | XXXX | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350117638 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117639 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117640 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350117641 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117642 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350117643 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117644 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117645 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117646 | XXXX | XXXX | XXXX | XXXX | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350117647 | XXXX | XXXX | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350117648 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117649 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350117650 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350117651 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350117652 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117653 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117654 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117655 | XXXX | XXXX | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350117656 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117657 | XXXX | XXXX | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350117658 | XXXX | XXXX | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350117659 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117660 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117661 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117662 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117663 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117664 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117665 | XXXX | XXXX | XXXX | XXXX | 4 | 1 | 3 | 1 | 4 | 1 | 1 | 1 D A C |
| XXXX | XXXX | 4350117666 | XXXX | XXXX | XXXX | XXXX | 4 | 2 | 4 | 2 | 4 | 1 | 1 | 1 D B A |
| XXXX | XXXX | 4350117667 | XXXX | XXXX | XXXX | XXXX | 4 | 1 | 3 | 1 | 4 | 1 | 1 | 1 D A C |
| XXXX | XXXX | 4350117668 | XXXX | XXXX | XXXX | XXXX | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 D A |
| XXXX | XXXX | 4350117669 | XXXX | XXXX | XXXX | XXXX | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 D A |
| XXXX | XXXX | 4350117670 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117671 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117672 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117673 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117674 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117675 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117676 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117677 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117678 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117679 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117680 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117681 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350117682 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117683 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117684 | XXXX | XXXX | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350117685 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 D B A |
| XXXX | XXXX | 4350117686 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117687 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117688 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117689 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350117690 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350117691 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350117692 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 1 | 3 | 1 | 2 | 2 C B A |
| XXXX | XXXX | 4350117693 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 2 | 2 C B A |
| XXXX | XXXX | 4350117694 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117695 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350117696 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117697 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350117698 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117699 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117700 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117701 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350117702 | XXXX | XXXX | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350117703 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350117704 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117705 | XXXX | XXXX | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350117706 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117707 | XXXX | XXXX | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350117708 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117709 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117710 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117711 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117712 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117713 | XXXX | XXXX | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350117714 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350117715 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 2 | 2 | 3 | 1 | 2 | 2 B A |
| XXXX | XXXX | 4350117716 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117717 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117718 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117719 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117720 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117721 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117722 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350117723 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117724 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117725 | XXXX | XXXX | XXXX | XXXX | 4 | 2 | 3 | 2 | 4 | 1 | 1 | 1 D B C A |
| XXXX | XXXX | 4350117726 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350117727 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117728 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117729 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117730 | XXXX | XXXX | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350117731 | XXXX | XXXX | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350117732 | XXXX | XXXX | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |

---

## Exhibit 99.24

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.24**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Mapped ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXXX | XXXX | 4350117622 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117623 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117624 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 73.82 | 73.82 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117625 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117626 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 58.79 | 58.79 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | 0.137 | XXXX | 1073 Individual Condo Report |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.1 | XXXX |
| XXXX | XXXX | 4350117627 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 38.71 | 38.71 | XXXX | XXXX | 0.0013 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | 0 | XXXX | 1073 Individual Condo Report |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | XXXX |
| XXXX | XXXX | 4350117628 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 65 | 65 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXXX |
| XXXX | XXXX | 4350117629 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 65 | 65 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117630 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 58.32 | 58.32 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117631 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117632 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 53.5 | 53.5 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117633 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  | XXXX | -160000 | -0.5517 | 75 | 0.25 | XXXX | XXXX | XXXX | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117634 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117635 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.6 | XXXX |
| XXXX | XXXX | 4350117636 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 50 | 50 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXXX |
| XXXX | XXXX | 4350117637 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117638 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 51.43 | 51.43 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117639 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117640 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  | XXXX | -49000 | -0.2159 | 93 | 0.07 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117641 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 65 | 65 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117642 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | XXXX |
| XXXX | XXXX | 4350117643 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 47.85 | 47.85 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.2 | XXXX |
| XXXX | XXXX | 4350117644 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | 4350117645 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 78.81 | 78.81 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117646 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 65 | 65 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117647 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117648 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117649 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXXX |
| XXXX | XXXX | 4350117650 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117651 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 74.97 | 74.97 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117652 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117653 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117654 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117655 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX | Eligible | 1 | XXXX |
| XXXX | XXXX | 4350117656 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117657 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117658 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117659 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 85 | 85 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | REASONABLE | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117660 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 74.76 | 74.76 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117661 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117662 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 48.89 | 48.89 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117663 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117664 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117665 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117666 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117667 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117668 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117669 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 75 | 75 | XXXX | XXXX | 0.0038 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.0038 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117670 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 58.48 | 58.48 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.2 | XXXX |
| XXXX | XXXX | 4350117671 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117672 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 90 | 90 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117673 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117674 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117675 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 75 | 75 | XXXX | XXXX | 0.0318 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXXX |
| XXXX | XXXX | 4350117676 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXXX |
| XXXX | XXXX | 4350117677 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 90 | 90 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117678 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117679 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 85 | 85 | XXXX | XXXX | 0.0185 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.0185 | XXXX | MODERATE RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117680 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 73.94 | 73.94 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117681 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | MODERATE RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117682 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXXX | Eligible | 1 | XXXX |
| XXXX | XXXX | 4350117683 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117684 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 85 | 85 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXXX |
| XXXX | XXXX | 4350117685 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 45.33 | 45.33 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117686 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 90 | 90 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.2 | XXXX |
| XXXX | XXXX | 4350117687 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 47.59 | 47.59 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | XXXX | Not Eligible | 1 | XXXX |
| XXXX | XXXX | 4350117688 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 75 | 75 | XXXX | XXXX | -0.0802 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -0.0802 | XXXX | MODERATE RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117689 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 85 | 85 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117690 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 39.45 | 39.45 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117691 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117692 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 36.59 | 36.59 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117693 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 77.7 | 77.7 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117694 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80 | 80 | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 0.0145 | XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117695 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | MODERATE RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | XXXX |
| XXXX | XXXX | 4350117696 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 85 | 85 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXXX |
| XXXX | XXXX | 4350117697 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117698 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 60 | 60 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117699 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117700 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 62.07 | 62.07 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.3 | XXXX |
| XXXX | XXXX | 4350117701 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 64.14 | 64.14 | XXXX | XXXX | 0.619 | Desk Review |  |  |  |  | XXXX | XXXX | 0.619 | XXXX | 1004 URAR |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.619 | XXXX | HIGH RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117702 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117703 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 85 | 85 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117704 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117705 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117706 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117707 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 65 | 65 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117708 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117709 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117710 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 65 | 65 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117711 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117712 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 49.22 | 49.22 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117713 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117714 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 85 | 85 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117715 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX | Eligible | 1.7 | XXXX |
| XXXX | XXXX | 4350117716 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117717 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 23.91 | 23.91 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117718 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 70 | 70 | XXXX | XXXX | 0.0278 | 1004 URAR |  |  |  |  | XXXX | XXXX | 0.0278 | XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117719 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 50 | 50 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.2 | XXXX |
| XXXX | XXXX | 4350117720 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80 | 80 | XXXX | XXXX | 0.0066 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.0066 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117721 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 68.96 | 68.96 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.3 | XXXX |
| XXXX | XXXX | 4350117722 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 68.18 | 68.18 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | 0.0568 | XXXX | 1073 Individual Condo Report |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.3 | XXXX |
| XXXX | XXXX | 4350117723 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117724 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117725 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350117726 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117727 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 60 | 60 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117728 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 41.17 | 41.17 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117729 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 60 | 60 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXXX |
| XXXX | XXXX | 4350117730 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 65 | 65 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117731 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350117732 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.25

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.25**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Mapped ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX | XXXX | 4350117622 | XXXX | XXXX | Underwriting Guideline Version Date | XXXX | XXXX | verified with tape and approval |
| XXXX | XXXX | 4350117623 | XXXX | XXXX | Underwriting Guideline Version Date | XXXX | XXXX | verified with guidelines provided |
| XXXX | XXXX | 4350117625 | XXXX | XXXX | Underwriting Guideline Version Date | XXXX | XXXX | verified with guidelines in file. |
| XXXX | XXXX | 4350117626 | XXXX | XXXX | Loan Type | DSCR | Conventional | Verified with program |
| XXXX | XXXX | 4350117626 | XXXX | XXXX | Property Address | XXXX | XXXX | Verified via source docs |
| XXXX | XXXX | 4350117627 | XXXX | XXXX | Loan Type | DSCR | Conventional | loan is DSCR |
| XXXX | XXXX | 4350117628 | XXXX | XXXX | Calculated DSCR | 1.038 | 1.079 | Per guidelines lower lease amount was used to calculate DSCR. |
| XXXX | XXXX | 4350117631 | XXXX | XXXX | Property Type | Two to Four Unit | Detached | Per 1025 appraisal report |
| XXXX | XXXX | 4350117632 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified with appraisal |
| XXXX | XXXX | 4350117635 | XXXX | XXXX | Calculated DSCR | 1.29 | 0.967 | See finding |
| XXXX | XXXX | 4350117636 | XXXX | XXXX | Final Reviewed QM Status | ATR/QM: Exempt | Non-QM: Lender documented all ATR UW factors | Investment transactions are not subject to QM/ATR requirements. |
| XXXX | XXXX | 4350117638 | XXXX | XXXX | Property Type | Two to Four Unit | Detached | Verified |
| XXXX | XXXX | 4350117638 | XXXX | XXXX | Calculated DSCR | 1.491 | 1.58 | PITIA matches $XXXX. No lease provided and appraisal shows MTM no rent amounts. Used Market rent $XXXX as the only information provided. No AirDNA or AirBnb. Unssure how tape data calculated 1.58 DSCR. |
| XXXX | XXXX | 4350117639 | XXXX | XXXX | Borrower 1 Citizen | Foreign National | NonPermanentResidentAlien | Verified with 1003 |
| XXXX | XXXX | 4350117640 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | verified with appraisal |
| XXXX | XXXX | 4350117640 | XXXX | XXXX | Calculated DSCR | 0.897 | 0.916 | XXXX |
| XXXX | XXXX | 4350117644 | XXXX | XXXX | Property Type | Two to Four Unit | Detached | Per appraisal report |
| XXXX | XXXX | 4350117645 | XXXX | XXXX | Calculated DSCR | 1 | 1.059 | Based on file documentation and $XXXX/month rent. |
| XXXX | XXXX | 4350117646 | XXXX | XXXX | Final Reviewed QM Status | ATR/QM: Exempt | Non-QM: Lender documented all ATR UW factors | Verified via source docs |
| XXXX | XXXX | 4350117649 | XXXX | XXXX | Calculated DSCR | 0.886 | 1.107 | Per 1008 - Variance to 1008 is due to hazard insurance premium which is supported by evidence of insurance documentation provided. |
| XXXX | XXXX | 4350117651 | XXXX | XXXX | Interest Rate | 7.375 | 7.125 | Verified with Note |
| XXXX | XXXX | 4350117651 | XXXX | XXXX | Calculated DSCR | 0.999 | 1.02 | See finding |
| XXXX | XXXX | 4350117659 | XXXX | XXXX | Borrower 1 FTHB | true | N | Per loan application, Section 5: Declarations |
| XXXX | XXXX | 4350117659 | XXXX | XXXX | Qualifying Total Debt Income Ratio | 49.11 | 49.39 | Per 1008, variance due to omission of hazard insurance premium from qualifying PITIA figures. After adjustment, DTI is 50.21%. |
| XXXX | XXXX | 4350117659 | XXXX | XXXX | Final Reviewed QM Status | QM: Average Prime Offer Rate (APOR) | Non-QM: Lender documented all ATR UW factors | Verified via source docs |
| XXXX | XXXX | 4350117661 | XXXX | XXXX | Borrower 1 Last Name | XXXX | XXXX | Guarantor vs LLC name |
| XXXX | XXXX | 4350117664 | XXXX | XXXX | Borrower 1 Last Name | XXXX | XXXX | Verified |
| XXXX | XXXX | 4350117667 | XXXX | XXXX | Borrower 1 Last Name | XXXX | XXXX | Verified |
| XXXX | XXXX | 4350117667 | XXXX | XXXX | Property Type | Single Family Detached | SFR | verified |
| XXXX | XXXX | 4350117668 | XXXX | XXXX | Property Zip Code | 78745 | 78746 | per appraisal |
| XXXX | XXXX | 4350117669 | XXXX | XXXX | Property Zip Code | 78745 | 78746 | Verified |
| XXXX | XXXX | 4350117669 | XXXX | XXXX | Borrower 1 Last Name | XXXX | XXXX | Verified |
| XXXX | XXXX | 4350117670 | XXXX | XXXX | B2 Verified Citizenship Designation | Permanent Resident Alien | US Citizen | Per Permanent resident card B2 is not a US Citizen. |
| XXXX | XXXX | 4350117673 | XXXX | XXXX | B1 Verified Citizenship Designation | Foreign National | Non Resident Alien | verified with approval |
| XXXX | XXXX | 4350117675 | XXXX | XXXX | Property Type | Condotel | Condominium | Per 1004 appraisal report comments |
| XXXX | XXXX | 4350117678 | XXXX | XXXX | Loan Type | DSCR | Conventional | DSCR per loan approval |
| XXXX | XXXX | 4350117679 | XXXX | XXXX | Qualifying Total Reserves Number of Months | 18.19 | 12 | missing required 6 months reserves for subject and 2 mo reserves per financed property. Total assets $XXXX reserve shortage. |
| XXXX | XXXX | 4350117680 | XXXX | XXXX | Loan Type | DSCR | Conventional | Per Approval and all supporting documentation. |
| XXXX | XXXX | 4350117680 | XXXX | XXXX | Qualifying Total Reserves Number of Months | 34.53 | 12 | Per Asset documentation in file. |
| XXXX | XXXX | 4350117682 | XXXX | XXXX | Sales Price | XXXX | XXXX | verified with sales contract and final CD |
| XXXX | XXXX | 4350117682 | XXXX | XXXX | Loan Amount | XXXX | XXXX | verified with Note |
| XXXX | XXXX | 4350117682 | XXXX | XXXX | Qualifying Total Debt Income Ratio | 41.64 | 35.8 | verified with approval |
| XXXX | XXXX | 4350117683 | XXXX | XXXX | Qualifying Total Reserves Number of Months | 36.17 | 12 | Verified |
| XXXX | XXXX | 4350117683 | XXXX | XXXX | Qualifying Total Debt Income Ratio | 42.09 | 30.61 | per approval DTI is 46.367. PITIA has been counted twice. finding added for final approval. |
| XXXX | XXXX | 4350117684 | XXXX | XXXX | Property Type | PUD | Single Family Detached | Per 1004 appraisal report |
| XXXX | XXXX | 4350117684 | XXXX | XXXX | Qualifying Total Reserves Number of Months | 8.52 | 12 | Per most recent Bank of America bank statement provided |
| XXXX | XXXX | 4350117685 | XXXX | XXXX | Loan Type | DSCR | Conventional | DSCR |
| XXXX | XXXX | 4350117685 | XXXX | XXXX | Interest Rate | 7.5 | 7.625 | Verified with Note |
| XXXX | XXXX | 4350117685 | XXXX | XXXX | Qualifying Total Reserves Number of Months | 64.81 | 6 | finding added |
| XXXX | XXXX | 4350117685 | XXXX | XXXX | Originator DSCR | 1.418 | 1.468 | verified with income calc. PITIA miscalculation |
| XXXX | XXXX | 4350117686 | XXXX | XXXX | Qualifying Total Reserves Number of Months | 8.48 | 12 | Verified via source docs |
| XXXX | XXXX | 4350117686 | XXXX | XXXX | Qualifying Total Debt Income Ratio | 27.9 | 26.1 | Verified via source docs |
| XXXX | XXXX | 4350117687 | XXXX | XXXX | Qualifying LTV | 47.59 | 55 | Audit is in line with file documentation and 1008 |
| XXXX | XXXX | 4350117687 | XXXX | XXXX | Property Type | PUD | Single Family Detached | Verified with appraisal |
| XXXX | XXXX | 4350117687 | XXXX | XXXX | Qualifying Total Reserves Number of Months | 52.21 | 12 | Based on file documentation |
| XXXX | XXXX | 4350117687 | XXXX | XXXX | Qualifying Total Debt Income Ratio | 21.12 | 22.27 | Audit is in line with file documentation and 1008 |
| XXXX | XXXX | 4350117688 | XXXX | XXXX | Property State | XXXX | XXXX | Property is located in New YOrk. |
| XXXX | XXXX | 4350117688 | XXXX | XXXX | Interest Rate | 7.375 | 6.75 | Per Note the rate is 7.375%. |
| XXXX | XXXX | 4350117691 | XXXX | XXXX | Qualifying Total Reserves Number of Months | 66.47 | 77 | 66.73 is the remaining reserves |
| XXXX | XXXX | 4350117694 | XXXX | XXXX | Sales Price | XXXX | XXXX | Verified with contract. |
| XXXX | XXXX | 4350117694 | XXXX | XXXX | Loan Amount | XXXX | XXXX | Verified with Note |
| XXXX | XXXX | 4350117694 | XXXX | XXXX | Qualifying FICO | 713 | 710 | Per credit report in the file |
| XXXX | XXXX | 4350117694 | XXXX | XXXX | Qualifying Total Reserves Number of Months | 5.88 | 6 | See finding |
| XXXX | XXXX | 4350117694 | XXXX | XXXX | Qualifying Total Debt Income Ratio | 29.74 | 24.85 | Within guidelines and tolerance of file documentation and 1008. |
| XXXX | XXXX | 4350117695 | XXXX | XXXX | Loan Type | DSCR | Conventional | verified with approval |
| XXXX | XXXX | 4350117695 | XXXX | XXXX | Cash out Include Debt Paid at Close | XXXX | XXXX | verified with closing disclosure |
| XXXX | XXXX | 4350117695 | XXXX | XXXX | Qualifying Total Reserves Number of Months | XXXX | XXXX | minumum required reserves are 3. 60.14 from cashout proceeds. |
| XXXX | XXXX | 4350117696 | XXXX | XXXX | Sales Price | XXXX | XXXX | Per final Closing Disclosure and supported by sales contract. |
| XXXX | XXXX | 4350117696 | XXXX | XXXX | Qualifying LTV | 85 | 84.68 | Per 1008, 85.0% used in qualifying the lower of the sales price or appraisal value ($XXXX). |
| XXXX | XXXX | 4350117696 | XXXX | XXXX | Qualifying Total Reserves Number of Months | 9.68 | 12 | Per 1008 and supported by documentation in file |
| XXXX | XXXX | 4350117697 | XXXX | XXXX | Qualifying Total Reserves Number of Months | 81.67 | 10 | 6 months reserves are required. |
| XXXX | XXXX | 4350117697 | XXXX | XXXX | Qualifying Total Debt Income Ratio | 51.98 | 51 | Actual DTI was 51.98%. |
| XXXX | XXXX | 4350117698 | XXXX | XXXX | Loan Type | DSCR | Conventional | Verified |
| XXXX | XXXX | 4350117698 | XXXX | XXXX | Qualifying Total Reserves Number of Months | 38.77 | 6 | Verified |
| XXXX | XXXX | 4350117699 | XXXX | XXXX | Loan Type | DSCR | Conventional | Loan is a DSCR loan. |
| XXXX | XXXX | 4350117701 | XXXX | XXXX | Qualifying LTV | 64.14 | 50 | Per 1004 appraisal report $XXXX, which was the lower value of two appraisal reports obtained to establish value. |
| XXXX | XXXX | 4350117701 | XXXX | XXXX | Loan Amount | XXXX | XXXX | Per Note, Deed of Trust, and supported by final Closing Disclosure |
| XXXX | XXXX | 4350117701 | XXXX | XXXX | Cash out Include Debt Paid at Close | XXXX | XXXX | Per final Closing Disclosure issued XXXX |
| XXXX | XXXX | 4350117702 | XXXX | XXXX | Interest Rate | 8.25 | 9.375 | Per note the actual rate is 8.25%. |
| XXXX | XXXX | 4350117703 | XXXX | XXXX | Qualifying FICO | 721 | 727 | Per XXXX credit report - mid-FICO score selected per guidelines. |
| XXXX | XXXX | 4350117704 | XXXX | XXXX | Qualifying Total Debt Income Ratio | 19.62 | 19.73 | Within guidelines and tolerance. |
| XXXX | XXXX | 4350117706 | XXXX | XXXX | Loan Type | DSCR | Conventional | verified |
| XXXX | XXXX | 4350117706 | XXXX | XXXX | Qualifying Total Reserves Number of Months | 21.89 | 12 | verified |
| XXXX | XXXX | 4350117707 | XXXX | XXXX | Loan Type | DSCR | Conventional | Per loan approval and lock |
| XXXX | XXXX | 4350117707 | XXXX | XXXX | Interest Rate | 7 | 6.875 | Per Note and 1008 |
| XXXX | XXXX | 4350117708 | XXXX | XXXX | Loan Type | DSCR | Conventional | Verified |
| XXXX | XXXX | 4350117708 | XXXX | XXXX | Qualifying Total Reserves Number of Months | 83.63 | 12 | Verified |
| XXXX | XXXX | 4350117710 | XXXX | XXXX | Calculated DSCR | 1.293 | 1.255 | QC validated 1.293 |
| XXXX | XXXX | 4350117712 | XXXX | XXXX | Calculated DSCR | 1.131 | 1.17 | Verified PITIA and used market rent |
| XXXX | XXXX | 4350117714 | XXXX | XXXX | Interest Rate | 7.625 | 8 | Per Note |
| XXXX | XXXX | 4350117715 | XXXX | XXXX | Loan Type | DSCR | Conventional | Verified via source docs |
| XXXX | XXXX | 4350117715 | XXXX | XXXX | Qualifying Total Reserves Number of Months | 23.47 | 15 | Verified via source docs |
| XXXX | XXXX | 4350117718 | XXXX | XXXX | Property Address | XXXX | XXXX | Per Note |
| XXXX | XXXX | 4350117718 | XXXX | XXXX | Interest Rate | 7.25 | 7.125 | Per Note |
| XXXX | XXXX | 4350117719 | XXXX | XXXX | Qualifying LTV | 50 | 44.08 | Per 1008, supported by Note and 1004 appraisal report $XXXX = 50%. |
| XXXX | XXXX | 4350117719 | XXXX | XXXX | Cash out Include Debt Paid at Close | XXXX | XXXX | Per final Closing Disclosure, $XXXX non-purchase money mortgage paid off + $XXXX loan proceeds = $XXXX cash out through transaction |
| XXXX | XXXX | 4350117719 | XXXX | XXXX | Qualifying Total Reserves Number of Months | 7.91 | 12 | Based on guidelines, reserves should be 6 months. Sufficient assets verified to support reserve requirements |
| XXXX | XXXX | 4350117720 | XXXX | XXXX | Qualifying Total Debt Income Ratio | 29.79 | 29.123 | Within guidelines and tolerance. |
| XXXX | XXXX | 4350117720 | XXXX | XXXX | Underwriting Guideline Version Date | XXXX | XXXX | Used version as per tape data XXXX. |
| XXXX | XXXX | 4350117721 | XXXX | XXXX | Underwriting Guideline Version Date | XXXX | XXXX | verified with guidelines |
| XXXX | XXXX | 4350117722 | XXXX | XXXX | Qualifying Total Debt Income Ratio | 44.85 | 42.679 | Variance due to no proof XXXX mortgage was paid off as a result of refinance. A Loan Estimate was provided which is not proof of payoff. Worst case, Fay Servicing monthly payment included in DTI, revising to 44.85%. |
| XXXX | XXXX | 4350117722 | XXXX | XXXX | Underwriting Guideline Version Date | XXXX | XXXX | In receipt of XXXX guidelines with no other revisions provided |
| XXXX | XXXX | 4350117723 | XXXX | XXXX | Underwriting Guideline Version Date | XXXX | XXXX | per the documentation provided in file |
| XXXX | XXXX | 4350117730 | XXXX | XXXX | Calculated DSCR | 1.04 | 1.1 | 3% variance of DSCR 1.10 to 1.04. Missing information to determine tape DSCR 1.10. |
| XXXX | XXXX | 4350117731 | XXXX | XXXX | Calculated DSCR | 1.105 | 1.007 | Finding added. |

---

## Exhibit 99.26

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.26**

![](ex9927001.jpg)

COLT 2025-11 Lone Star Residential Acquisitions, LLC. <br>

Opus Capital Markets Consultants, LLC <br>

300 Tri-State International – Suite 320 \| Lincolnshire, IL 60069 \| <u>www.opuscmc.com</u> \| 224.632.1300

**Executive Narrative**

**October 28, 2025**

**Performed by** 

**Opus Capital Markets Consultants, LLC**

The report summarizes the results of a due diligence review performed on a pool of 32 loans, of which were purchased by Lone Star Residential Acquisitions, LLC. ("Customer") from an originator (the "Originator") who is a client of Opus Capital Markets Consultants, LLC ("Consultant") under a reliance letter, and for which the Originator provided Consultant with a data tape, from which, in each case, 100% of the loan population was chosen and loaded into the LauraMac underwriting software. Consultant performed a detailed compliance and credit review of all loans.

As detailed herein, the pool contains nine (9) Non-QM loans and twenty-three (23) ATR/Non-QM Exempt loans, of which seventeen (17) are DSCR loans and six (6) are Business Purpose loans. All loans were re-underwritten in accordance with the lender guidelines in terms of Exhibit A.

<u>EXHIBIT A</u>

**Credit Review**

**Credit Qualification**

A re-underwriting review will be conducted in order to verify that the requisite underwriting guidelines as specified by Client are met. Confirmation of the loan terms will be performed through recalculation and review of documentation contained in the loan file provided to the Consultant. The Credit Qualification review will consist of the following:

&nbsp;&nbsp;&nbsp;&nbsp;a) **Guidelines:** Determine whether each mortgage loan meets the requisite guideline requirements as
 specified by the Client. In lieu of specific requirements, Consultant should consider
 Regulation Z including Appendix Q if applicable. If the loan pre-dates the requirements
 of Regulation Z and Appendix Q, Consultant will consider Fannie Mae's Single-Family
 guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;b) **Employment:** Review the file documentation for minimum required level of employment, income and
 asset verifications pursuant to Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;c) **Income:** Recalculate borrower(s) monthly gross income and verify calculations of income as
 used by the original loan underwriter at origination to determine compliance with the
 Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;d) **Assets:** Confirm the presence of adequate asset documentation to comply with the Client provided
 underwriting guideline requirements for closing funds, reserves and borrower liquidity.

&nbsp;&nbsp;&nbsp;&nbsp;e) **Debt Ratio:** Recalculate the debt-to-income ratio and verify the ratio accuracy used by
 the loan underwriter at origination to determine compliance with Client provided underwriting
 guidelines and regulatory requirements.

&nbsp;&nbsp;&nbsp;&nbsp;f) **Property Valuation:** Analyze all appraisals and alternative value tools used to qualify the
 loan for integrity of comparable sales, completeness of data, eligibility of the appraiser
 and reasonableness of estimated value. Review the appraisal to determine the appraisal(s)
 meet the requirements of Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;g) **Loan-to-Value Ratio:** Recalculate and verify the loan-to-value ratio and combined loan-to-value
 ratio were accurate at

origination and meet Client provided underwriting guideline and regulatory requirements.

&nbsp;&nbsp;&nbsp;&nbsp;h) **Credit History:** Review the credit report to verify that the borrower(s) demonstrate adequate
 credit depth to comply with the Client provided underwriting guideline requirements.

&nbsp;&nbsp;&nbsp;&nbsp;i) **Credit Scores**: Verify that borrower(s) meet minimum credit score requirements of the Client
 provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;j) **Compensating Factors:** Verify exceptions to the Client provided underwriting guidelines are documented
 and reasonable.

**Document Review**

**Document Review**

A review of each loan file will be performed to confirm the presence of material documentation as applicable to the specifics of the loan transaction. The Document Review will consist of the following:

**a) Collateral Docs**

● Title Commitment / Policy: Verify the presence of the title commitment or final title policy. Confirm vested parties and the description of the property, liens and tax assessments.

● Mortgage Note / Security Instrument: Verify the presence of the mortgage note or security instrument. Confirm that the document has been executed by all borrowers and that all riders, addendums and endorsement are present and duly executed.

● Mortgage / Deed of Trust: Verify the presence of a copy Mortgage or Deed of Trust. Confirm that the documents have been executed by all required parties and that all riders, addendums and exhibits are present and duly executed. If the loan closed within 12 months of the review, Consultant will confirm the presence of a letter from the title company specifying the date the Mortgage / Deed Trust was sent for recording. If the closing did not occur within 12 months of the review and a copy of the recorded Mortgage /Deed of Trust is not contained in the loan file, the Client will submit a report from an independent document custodian verifying the presence of a recoded mortgage or a stamped / signed copy of the document stating the date the document was sent for recording.

● Conveyance Deed: Verify as applicable that a proper conveyance deed is present in the loan file. Confirm the proper transfer of ownership interest of the subject parties is detailed on the deed.

**b) Closing Docs**

● Final Hud-1 Settlement Statement: If required, verify the presence of a final HUD-1. Verify the completeness of required data and signatures or certification depending upon state compliance requirements.

● Final Truth-in-Lending Disclosure: If required, verify the presence of a final Truth-in-Lending Disclosure. Verify the completeness of required data and that all required signatures are present.

● Notice of Right to Cancel: If required based on the specifics of the loan transaction, confirm the presence and required execution of the Notice of Right to Cancel.

● Loan Estimate: If required verify the presence of the current Loan Estimate (LE) at the time of origination

● Closing Disclosure: If required verify the presence of the current Closing Disclosure (CD) at the time of origination.

**c) Credit Docs**

● Loan Application: Verify the presence and completeness of both the initial and final loan applications.

● Underwriting Worksheet: Verify the presence of the relative underwriting worksheet i.e. form 1008, FHA MCAW and VA's Loan Analysis.

● Credit Report: Verify the presence of a credit report for each borrower. Confirm that the credit report was pulled within the timing requirements allowable per the Client provided underwriting guidelines.

● Housing Payment History: In the absence of housing payment histories on the borrower(s) credit report(s), verify that that the file contains a verification of rent or a verification of mortgage form.

● Letters of Explanation: When Letters of Explanation are required by the Client provided underwriting guidelines, verify the presence of any such letters exist in the loan file.

● Gift Letters: When Gift Letters are required by the Client provided underwriting guidelines, verify the presence of any such letters exist in the loan file.

● Income Documentation: Verify the presence of income and employment related documentation required by the Client provided underwriting guidelines for all borrowing parties contributing income to the debt ratio calculation.

● Asset Documentation: Verify the presence of asset documentation required by the Client provided underwriting guidelines in the loan file.

● Property Valuation Tools: Verify that each loan file contains adequate appraisal and other third party valuation tools to satisfy the minimum required documentation under the relative Client provided underwriting guidelines.

● Proof of Insurance: Verify the presence of insurance certificates for mortgage, hazard and flood insurance on an as needed basis depending upon the specifics of the loan. Confirm that adequate coverage is present to meet the requirements of the Client provided underwriting guidelines.

**Regulatory Compliance**

For each Mortgage Loan, Consultant shall determine, to the extent possible and subject to caveats below, whether such Mortgage Loan at the time of origination complied with:

1. The
 "material"<sup>1</sup> disclosure requirements of the federal Truth-in-Lending
 Act ("TILA"), as amended by the Home Ownership and Equity Protection Act
 ("HOEPA") and Dodd-Frank, 15 U.S.C. § 1601 *et seq.* and implemented
 by Regulation Z, 12 C.F.R. Part 1026, including the material provisions relating to Higher-Priced
 Mortgage Loans in Regulation Z, 12 C.F.R. §§ 1026.35, and the early TIL disclosure
 provisions of the Mortgage Disclosure Improvement Act ("MDIA"), as implemented
 by Regulation Z, 12 C.F.R. §§ 1026.17 et seq; and as amended by the TILA-RESPA
 Integrated Disclosure ("TRID") Rule, TRID will be reviewed in accordance
 with the SFA TRID Grid 4.0, as amended from time to time, as set forth below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. For
 Right of Rescission

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. A
 review of the Notice of Right to Cancel, including a verification of the transaction
 date and expiration date, ensuring proper execution of the Notice of Right to Cancel
 by all required parties, verifying the disbursement date and determining if a full three
 (3) day rescission period was adequately provided to the borrower(s).

<sup>1</sup> These "material" disclosures include the required disclosures of the APR, the finance charge, the amount financed, the total number of payments, the payment schedule, *and* if the loan is subject to the Homeownership and Equity Protection Act ("HOEPA"), the disclosure requirements and prohibitions of that statute which are set forth in 12 C.F.R. §§ 1026.32(c) and (d).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. This
 review is also to be performed on transactions that are exempt from the rescission requirement
 but on which a Notice of Right to Cancel was provided.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. A
 condition must be placed if the transaction is a refinance by the original creditor and
 the borrower was provided the Form H-8 rescission notice. Consultant will note in the
 condition whether there was a new advance that is subject to rescission per TILA/Regulation
 Z.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. For
 TILs (Application Dates prior to 10/3/2015)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; i. Confirm the initial TIL disclosure and final TIL disclosures were provided.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Review and compare the initial and final TIL, and any re-disclosed TIL(s), with a report outlining any TILA violations, including a recalculation of disclosed finance charge, proper execution by all required parties, principal and interest calculations, proper completion of the interest rate and payment summary, recalculation of disclosed APR, and a review to determine disclosure differences were within the allowed tolerances and disclosures were provided within the required timeframes;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. For
 TRID Disclosures (Application Dates on or after 10/3/2015)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Confirm the initial Loan Estimate (LE) was delivered within three (3) business days of application and seven (7) business days prior to consummation in accordance with Client's Underwriting Guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Review the required sections of each LE to ensure they were populated in accordance with the TRID Rules. (If the file reflects more than one LE was provided, each revised LE must have corresponding Change of Circumstance documentation. The 0% and 10% fee tolerance evaluations will be based on the fee amounts disclosed on the initial LE and any valid changes documented and disclosed after the initial LE;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Confirm the Closing Disclosure (CD) confirm the borrower received the initial CD at least three (3) business days prior to consummation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Review the required sections of each CD to ensure they were populated in accordance with the TRID Rules. (Any fee tolerance issues to be cured at closing or within 60 days of loan consummation.)

2. Section
 4 of the Real Estate Settlement Procedures Act ("RESPA"), 12 U.S.C. §2603
 and 2604, as implemented by Regulation X, 12 C.F.R. Part 1024, and as amended by the
 TRID Rule; TRID will be reviewed in accordance with the SFA TRID Grid 4.0, as amended
 from time to time.

3. The
 disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas
 Constitution;

4. Confirmation
 that one of the following are in the loan file, per the Fair Credit Reporting Act: Consumer
 Credit Score Disclosure, Your Credit Score and the Price You Pay for Credit, or Notice
 to Home Loan Applicant;

5. Sections
 1411 and 1412 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank")
 amending TILA, as implemented by Regulation Z, 12 C.F.R. 1026.43: the general Ability
 to Repay underwriting standards (12 C.F.R. 1026.43(c)); refinancing of non-standard mortgages
 (12 C.F.R. 1026.43(d)); Qualified Mortgages (12 C.F.R. 1026.43(e) (including qualified
 mortgages as defined by the Department of Housing and Urban Development (24 C.F.R. 201
 and 203 et seq.) and the Department of Veterans Affairs (38 C.F.R. Part 36 et seq.; and
 Balloon-payment qualified mortgages made by certain creditors (12 C.F.R. 1026.43(f))
 In accordance with "Ability to Repay and Qualified Mortgage Review" description
 below;

6. The
 Loan Originator Compensation and Prohibitions on Steering provisions of TILA, as implemented
 by Regulation Z, 12 C.F.R 1026.36;

7. The
 requirements for Higher-Price Mortgage Loans, as implemented by Regulation Z, 12 C.F.R.
 1026.35;

8. The
 appraisal and valuation requirements of TILA and the Equal Credit Opportunity Act, as
 implemented by Regulation Z, 12 C.F.R. 1026.35 and Regulation B, 12 C.F.R. 1002.14, respectively;

9. The
 counseling requirements of TILA, as implemented by Regulation Z, 12 C.F.R. 1026.36(k)
 and RESPA, as implemented by Regulation X, 12 C.F.R. 1024.20;

10. The
 escrow requirements of TILA and RESPA, as implemented by Regulation Z, 12 C.F.R 1026.35,
 and Regulation X, 12 C.F.R 1024.17, respectively;

11. The
 disclosure requirements and prohibitions of any applicable state, county and municipal
 laws and ordinances, as amended, that have been enacted to regulate so-called "predatory
 lending":

12. Consultant
 shall confirm that any mortgage property located in an area identified on a flood hazard
 map or flood insurance rate map issued by the Federal Emergency Management Agency as
 having special flood hazards is subject to a qualified flood insurance policy that appears
 to be is in effect.

13. For
 any loans designated as TILA exemption, Consultant shall review the loan file for evidence
 that the primary purpose of the loan was for commercial or business purposes, including,
 but not limited to a business purpose certification.

14. Documentation.
 Review of the following documents for regulatory compliance:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Final
 HUD-1 Settlement Statement ("HUD-1"), if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If
 the loan is in an escrow state, the HUD-1 will be considered final as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. HUD-1
 is marked Final;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If
 HUD-1 is not marked Final, it must be stamped certified by the closing agent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. There
 should be no markings indicating that the HUD-1 is estimated.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. HUD-1
 is signed by all parties (including closing agent) or stamped certified by the closing
 agent; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. If
 HUD-1 is stamped, the HUD-1 / stamp should be signed or initialed by the closing agent;
 if the stamp does not contain the signature or initials, it must identify the name of
 the closing agent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Final
 Truth in Lending Disclosure ("TIL"), if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Loan
 Estimate, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 Loan Estimate in will be considered delivered based on the date issued, subject to the
 three-day mailing rule unless the file contains documentation indicating earlier receipt.
 The loan file may contain one or more Loan Estimates with the latest one provided up
 until three business days prior to the issuance of an initial Closing Disclosure.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Closing
 Disclosure, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 Closing Disclosure in the loan file will be considered delivered based on the date issued,
 subject to the three-day mailing rule unless the file contains documentation indicating
 earlier receipt. The loan file may contain one or more Closing Disclosures with the latest
 one provided up until the consummation date being considered the Final with any delivered
 post consummation considered as a corrected Closing Disclosure.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Notice
 of Right to Cancel (if applicable)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Initial
 TIL, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Good
 Faith Estimate ("GFE"), if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Note

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Mortgage/Deed
 of Trust

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. FACTA
 disclosures

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. Third
 Party Fees

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Third
 party fees on the HUD-1 or Closing Disclosure if applicable referred to as HUD-1/Closing
 Disclosure, must be shown as paid to the third-party provider. A condition must be set
 if a third-party fee is paid to the lender, investor, etc. or the payee is blank.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. CONSULTANT
 will condition for evidence in the file indicating that a charge on the HUD-1/Closing
 Disclosure exceeds the actual cost to the borrower (i.e. cost printed / stamped on the
 face of the document showing an amount less than the charge on the HUD-1/Closing Disclosure).
 Variations of less than $1 are deemed to be within reasonable limits and are not to be
 reported.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Any
 refunds that are provided to the borrower must be accompanied by a revised HUD-1/Closing
 Disclosure to show the final, accurate charges to the borrower.

Each loan reviewed will be assigned a Compliance condition grade in accordance with the Rating Agency Criteria as more fully described in Section 2(f).

Consultant will not make a determination as to whether the loans comply with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated above. Furthermore, the findings reached by Consultant are dependent upon its receipt of complete and accurate data regarding the loans from loan originators and other third parties upon which Consultant is relying in reaching such findings.

**<u>Ability to Repay and Qualified Mortgage Review</u>**

1.  **<u>For Agency Eligible Loans Only</u>** : Consultant reviews applicable loans for compliance
 with the Qualified Mortgage (QM) rule requirements set forth in Regulation Z (12 C.F.R.
 1026.43 et seq.) based upon the loan's designation (Safe Harbor QM,

Rebuttable Presumption QM, Exempt). Consultant determines the loan's status under the QM rule requirements and assigns a due diligence loan designation. Consultant notes as a material exception if the due diligence findings do not confirm the same loan designation. Additionally, Consultant notes if a loan designation was not provided. Consultant will verify if each loan meets the requirements for a QM under § 1026.43(e)(2)—whether the loan is a safe harbor QM under § 1026.43(e)(1)(i) or a rebuttable presumption QM under § 1026.43(e)(1)(ii). Consultant will verify the presence of documentation for lender determination of QM and indicating factors in its ability-to-repay determination, including how the originator applied its policies and procedures in verification. For loans applications taken on or after June 1, 2021, Consultant will verify whether the loan meets the requirements of the revised general QM definition effective March 1, 2021.

2. For
 loans for which applications were received prior to July 1, 2021, if a loan was designated
 as QM and identified as eligible for guarantee, purchase, or insurance by an applicable
 agency as permitted under the QM final rule, Consultant reviews the loan to determine
 whether, based on available information in the loan file the loan satisfied (i), (ii)
 and (iii) in the paragraph (3)(a)(i) below and reviews the Automated Underwriting System
 output within the file to confirm agency eligibility.

3.  **<u>For Non-Agency Eligible Loans</u>** : Consultant reviews applicable loans for compliance
 with the Ability to Repay (ATR) but not Qualified Mortgage (QM) rule requirements set
 forth in Regulation Z (12 C.F.R. 1026.43 et seq.).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. <u>Qualified Mortgage</u>:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. For
 QM (Safe Harbor or HPCT) designated loans, Consultant reviews the loan to determine whether,
 based on available information in the loan file: (i) the loan contains risky loan features
 and terms (e.g. an interest only feature or negative amortization), (ii) the "points
 and fees" exceed the applicable QM threshold, (iii) the monthly payment was calculated
 appropriately. Consultant reviews to the applicable consider and verify requirements
 under the QM rule depending on whether the QM was originated under the original general
 QM definition or the revised general QM definition effective March 1, 2021.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. For
 each QM designated loan that satisfied the applicable requirements enumerated above,
 Consultant then determines whether the loan is a Safe Harbor QM or Higher Priced QM by
 comparing the loan's actual annual percentage rate, as recalculated, to the applicable
 average prime offer rate plus a certain percentage. For QM designated loans originated
 under the revised general QM definition effective March 1, 2021, Consultant also determines
 whether the loan exceeds the pricing thresholds for QM loans.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. <u>Ability to Repay</u>:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 ability to repay portion of the review for non-agency eligible loans only will focus
 on the eight factors detailed in the ATR Rule as detailed below for non-agency eligible
 loans. The Consultant will review the loan file to determine if the creditor verified
 and considered each of the eight factors utilizing reasonably reliable third-party documentation
 at or before consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Current
 or reasonably expected income or assets that the consumer will rely on to repay the loan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Current
 employment status

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Monthly
 mortgage payment for subject loan using the introductory or fully indexed rate, whichever
 is higher, and monthly, fully amortizing payments that are substantially equal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Monthly
 payment on any simultaneous loans secured by the subject property.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Monthly
 payments for property taxes and hazard/flood insurance and certain other costs related
 to the property such as homeowner's association fees or ground rent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Debts,
 alimony, and child support obligations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Monthly
 debt-to-income ratio or residual income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Credit
 history

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. For
 loans designated as agency eligible, Consultant will not review for compliance with the
 requirements of Appendix Q or General Ability to Repay.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Consultant
 reviews loans to determine their conformity with the ATR/QM factors above and is not
 rendering an independent assessment or analysis. Consultant's review is based on
 information contained in the loan file at the time it is provided to Consultant, and
 only reflects information as of that point in time and does not mean any regulator, judicial
 or agency will agree with the Consultant's conclusion.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**a)** **Regulatory Compliance Disclaimer** 

Please be advised that Consultant will not make a determination as to whether loans complied with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated herein. There can be no assurance that the review uncovered all issues relating to the origination of the mortgage loans, their compliance with applicable law and regulation and the original appraisals relating of the mortgaged properties or uncovered all relevant factors that could affect the future performance of the mortgage loans. Furthermore, the findings reached by Consultant are dependent upon its receiving complete

and accurate data regarding the mortgage loans from loans originators and other third parties upon which Consultant is relying in reaching such findings.

Please be further advised that Consultant does not employ personnel who are licensed to practice law in various jurisdictions, and the findings set forth in the reports prepared by Consultant do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to Consultant. All final decisions as to whether to purchase or enter into a transaction related to any individual mortgage loan or the mortgage loans in the aggregate, any investment strategy and any legal conclusions, including potential liability related to the purchase or other transaction involving any such loans, shall be made solely by the Client, or other agreed upon party, that has engaged Consultant to prepare its reports pursuant to its instructions and guidelines. Client, or other agreed upon party, acknowledges and agrees that the scoring models applied by Consultant are designed to identify potential risk and the Client, or other agreed upon party, assumes sole responsibility for determining the suitability of the information for its particular use.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**b)** **Seasoning And Certain Compliance Exceptions** 

Pursuant to the applicable NRSRO criteria, Consultant graded certain compliance exceptions as non-material based on seasoning of the mortgage loan. Certain mortgage loans were seasoned beyond the applicable period under TILA in which affirmative claims could be brought by a consumer. The time period is not limited for claims, other than recession, which are raised as a defense to foreclosure. Information contained in any Consultant reports related to the applicable statute of limitations for certain claims may not be accurate or reflect the most recent controlling case law. Further, a particular court in a particular jurisdiction may extend, not enforce or otherwise allow claims beyond the statute of limitations identified in the report based on certain factors, including the facts and circumstances of an individual loan.

**Additional Disclosures and Requirements:**

Consultant will confirm compliance with current documentation and timing requirements in effect at origination of the Mortgage Loan including:

● Servicing Transfer Disclosure (for applications prior to 10/03/2015):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm
 the presence of the Servicing Transfer Disclosure form in file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Verify
 the Servicing Transfer Disclosure was provided to the borrower(s) within three general
 business days of "Application"

● Special Information Booklet (for applications prior to 10/03/2015)/ Home Loan Tool Kit (for applications on or after 10/03/2015):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm
 the presence of the Home Loan Tool Kit is in file for covered loans.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm
 the Home Loan Tool Kit is provided within three general business days of application

● Affiliated Business Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm
 the presence of the Affiliated Business Disclosure in file in the event the lender has
 affiliated business arrangements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm
 the Affiliated Business Disclosure provided within three general business days of "Application"
 (Consultant reviews for this disclosure to be provided within three general business
 days, as the lender will typically know at the time of application if borrower(s) will
 be referred to affiliates for provision of third party services)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm
 the Affiliated Business Disclosure is executed.

● Initial Escrow Disclosure Statement

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm
 the presence of the Initial Escrow Disclosure Statement in file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm
 the Initial Escrow Disclosure Statement was provided at closing or within 45 days after
 settlement

**Equal Credit Opportunity Act (Regulation B)**

● Confirm the lender has provided the borrower a disclosure of the right to receive a copy of appraisals within three (3) business days of application. This disclosure requirement may be met by disclosure on the Loan Estimate pursuant to 12 CFR § 1026.27(m)(1).

● Confirm that the lender has provided (delivered) copies of appraisals and all other written valuations (as disclosed to the borrower on the HUD-1 and/or contained in the Mortgage Loan File) to the borrower at least three (3) business days prior to consummation Opus uses the following test: Was appraisal/valuation documentation processed at least 6 days prior to account opening/ consummation date (3 day rule plus 3 days mailing time)?

● For a borrower that has waived the 3-business day disclosure requirement, confirm that the borrower has either (1) signed the waiver at least three (3) business days prior to consummation or (2) has signed an acknowledgment that the waiver occurred at least three (3) business days prior to consummation. Additionally, confirm that the lender has provided copies of appraisals and other written valuations at or prior to consummation.

**Fair Credit Report Act (Regulation V)**

● Confirm that the lender has provided the borrower the risk-based pricing notice (as required by 12 CFR § 1022.73) or credit score disclosure (as required by 12 CFR § 1022.74(d)), as applicable; (a) If the lender has provided the risk-based pricing notice, confirm the disclosure was provided before consummation, but not earlier than the approval decision was communicated to the consumer; and (b) If the lender has provided the credit score disclosure, confirm the disclosure was provided before consummation.

● Confirm that the lender has provided a copy of the disclosure of credit score and the Notice to Home Loan Applicant (as required by 15 U.S.C. § 1681g) before consummation.

**High-Cost, State & Local Anti-Predatory Regulations**

In addition to federal thresholds, Consultant will review the anti-predatory lending statutes in the following states and local municipalities, as applicable, as well as any additional applicable regulations implemented during the Term of this SOW.

● Arkansas Home Loan Protection Act, Ark. Stat. Ann. § 23-53-101 et seq.

● California Anti-Predatory Lending Statute, Cal. Fin. Code § 4970 et seq.

● California Higher-Priced Mortgage Loan Statute, Cal. Fin. Code §4995 et seq.

● Colorado Consumer Equity Protection Act, Colo, Rev. Stat. § 5-3.5-101 et seq. .

● Connecticut Abusive Home Loan Lending Practices Act, Conn. Stat. Ann. §36a- 746 et seq., as amended from time to time.

● Connecticut Nonprime Home Loans Statute, Conn. Gen. Stat. §§ 36a-760 et seq. (as originally enacted and as amended by Senate Bill 949).

● District of Columbia Home Loan Protection Act, D.C. Official Code § 26-1151.01 et seq., as implemented by 20 D.C. Municipal Reg § 2000.1 et seq.

● Florida Fair Lending Act, Fla. Stat. Ann. § 494.0078 et seq. (for loans closed before July 1, 2014).

● Georgia Fair Lending Act, Ga. Stat. Ann. § 7-6A-1 et seq. (as originally enacted by House Bill 02-1361 and as modified by Senate Bill 03-53).

● Idaho Residential Mortgage Practices Act, Idaho Code § 26-3101 et seq.

● Illinois High Risk Home Loan Regulations, 38 Ill. Admin. Code §345.10 et seq.

● Illinois High Risk Home Loan Act, Public Act. 93-0561 (2003) codified at 815, ILCS §§ 137/5 et seq., and as amended by SB 1692 (2012), effective January 10, 2014.

● Illinois Predatory Lending Database Program, Public Act 95-0691 (SB 1167).

● City of Chicago, Illinois, Anti-Predatory Lending Ordinance, Chicago Municipal Code, §§ 2-32-440; 2-32-455; 2-92-325; 4-4-155; 8-4-325.

● Cook County, Illinois, Anti-Predatory Lending Ordinance, Cook County Code of Ordinances § 34-341.

● Cook County, Illinois, Anti-Predatory Lending Pilot Program, Illinois House Bill 4050 (2005).

● Indiana Home Loan Practices Act, as amended by HB 1179 (2005), Ind. Code §24-9-1 et seq.

● Section 16a-3-308a of the Kansas Consumer Credit Code, Kan. Stat. Ann. §16a.101 et seq.

● Kansas Consumer Credit Code

● Kentucky Anti-Predatory Lending Statute, Ky. Rev. Stat. § 360.100 et seq.

● Maine, An Act to Enhance Consumer Protections in Relation to Certain Mortgages (for loans closed prior to September 27, 2011), Me. Rev. Stat. Ann. Tit. 9-A, §§ 8-103(1); 8-206(8);8-206A, as amended by Legislative Documents 1869 (2007), 2125 (2008) and 1439 (2009).

● Maine Consumer Credit Code - Truth-in-Lending, (for loans closed on or after September 27, 2011), Me. Rev. Stat. Ann. tit. 9-A, §§ 8-501 et seq., as amended from time to time.

● Maryland Commercial Law, Md. Code Ann., Com. Law §§ 12-124.1; 12-127; 12- 409.1; 12-1029.

● Maryland Regulations for Higher Priced Mortgage Loans, as promulgated under the Maryland Mortgage Lender Law, Md. Code Ann., Fin. Instit. Code §§ 11-501 et seq.; Md. Code Regs. §§ 09.03.06.01 et seq.

● Massachusetts High-Cost Mortgage Regulations, 209 CMR Parts 32 and 40, as amended from time to time.

● Massachusetts Predatory Home Loan Practices Act, M.G.L. Chapter 183C, §§ 1 et seq.

● Massachusetts "Borrower's Interest" Standard, M.G.L. Chapter 183, §28C.

● Massachusetts Mortgage Lender and Broker Regulations, 940 CMR §800 (15-17).

● Massachusetts Regulations for Higher Priced Mortgage Loans, 209 CMR §§ 32.00 et.seq., as amended from time to time.

● Massachusetts Subprime ARMs to First Time Homebuyers, M.G.L. Chapter 184, §17B.5.

● Michigan Consumer Mortgage Protection Act, Mich. Stat. Ann. § 445-1631 et seq.

● Minnesota Mortgage Originator and Service Licensing Act, § 58.137 et seq. (S.F. 2988 (2002)), as amended by House File 1004 (2007) and Senate File 988 (2007).

● Nebraska Mortgage Bankers Registration and Licensing Act, Neb. Stat § 45-702 et seq.

● Nevada Anti-Predatory Lending Law, Assembly Bill No. 284 (2003) and Amended by Assembly Bill No. 440 (2007), codified as NRS § 598D.010 et seq.

● New Jersey Home Ownership Security Act of 2002, NJ Stat. Ann. § C:46:10B-22 et seq., as amended from time to time.

● New Mexico Home Loan Protection Act, Senate Bill 449 (Regular Session 2003), codified at NM Rev. Stat. § 58-21A-1 et seq. and as amended from time to time.

● New York High-Cost Home Loan Regulations, 3 NYCCR Part 41 (2001).

● New York High-Cost Home Loan Act, N.Y. Bank. L. Ch. 626., as codified in NY Bank. Law § 6-l, and as implemented by 3 NYCCR Part 41 as amended from time to time.

● New York Subprime Home Loans Statute, NY Bank. Law § 6-m.

● North Carolina Anti-Predatory Lending Law, N.C. Gen. Stat. §§ 24-1.1A to 24- 10.2 and North Carolina Amendments to Anti-Predatory Lending Law, N.C. Gen. Stat. §§ 24-9; 24-1.1(E)(a); 24-10.2(a), as amended from time to time.

● Ohio Anti-Predatory Lending Statute, HB 386 as amended by Senate Bill 185 (2006), and as codified in various sections of the Ohio Code.

● Ohio Consumer Sales Practices Act, Ohio Rev. Code Ann. § 1345.01, as implemented by Ohio Admin. Rules § 109 4-3-01 et seq.

● City of Cleveland Heights, Ohio, Anti-Predatory Lending Ordinance, Ordinance No. 72-2003 (PSH), Mun. Code §§ 757.01 et seq.

● Summit County, Ohio, Anti-Predatory Lending Ordinance, Ordinance No. 2004- 618, Muni. Code §§ 201.01 et seq.

● Oklahoma Anti-Predatory Lending Law, House Bill No. 1574 (2003), as codified in various sections of Title 14A of the Oklahoma Consumer Credit Code.

● Oklahoma Higher-Priced Mortgage Loans Law, Okla. Admin. Code §§ 160:45-9- 1 et seq.

● Pennsylvania Consumer Equity Protection Act, 63 Pa. Cons. Stat. Ann. § 456.501 et seq.

● Rhode Island Home Loan Protection Act, R.I. Gen. L. 34-25.1-2 et seq, as implemented by Emergency Banking Regulation 3 (2006) and Final Banking Regulation 3 (2007) and amended by Senate Bill 371 (2007).

● City of Providence, Rhode Island, Anti-Predatory Lending Ordinance, Chapter 2006-33, Ordinance No. 245.

● South Carolina High-Cost and Consumer Home Loans Act, S.C. Code § 37-23-10 et seq.

● Tennessee Home Loan Protection Act, Tenn. H.R. 3597 (2006), as codified at Tenn. Code Ann. §§ 45-20-101 et seq.

● Texas High-Cost Home Loan Statute, Tx. Fin. Code Ann. § 343.201 et seq.

● Section 50(a)(6), Article XVI of the Texas Constitution

● Section 50(f)(2), Article XVI of the Texas Constitution

● Utah Residential Mortgage Practices Amendments, Utah Code Ann. § 61-2c-102 et seq.

● Utah High-Cost Home Loan Act, Utah Code § 61-2d-101 et seq.

● Vermont Interest Act, 9 V.S.A. § 104, implemented by Regulation B-98-2.

● Virginia Mortgage Lender and Broker Act (for loans originated prior to July 1, 2003), Va. Code Ann. §§ 6.1-413; 6.1-422; 6.1-428.

● Virginia Mortgage Lender and Broker Act (for loans originated on or after July 1, 2003 to September 30, 2010, as amended), Va. Code Ann. §§ 6.1-411, 6.1-422.1, 6.1-425.1 and 6.1-425.2.

● Virginia Mortgage Lender and Broker Act (for loans originated on or after October 1, 2010), Va. Code Ann. §§ 6.2-1600 et seq., as amended from time to time.

● Virginia Senate Bill 797 (2008), effective July 1, 2008 (uncodified).

● Washington House Bill 2770, Mortgage Lending Ownership

● West Virginia Residential Mortgage Lender, Broker and Servicer Act, W.Va. Code § 31-17 et seq.

● Wisconsin Responsible High-Cost Mortgage Lending Act, Wis. Stat. § 428.202, as implemented by Wis. Admin. Code DFI-Bkg 46.01 et seq.

● Wyoming Credit Code

**Flood Insurance Testing**

**National Flood Insurance Program (NFIP)**

Each mortgage loan will be reviewed to ensure adherence to flood insurance coverage requirements as outlined under the NFIP, including identification of flood zones and subsequent policy documentation for evidence of adequate coverage amounts.

**Homeowner's Flood Affordability Act (HFIAA)**

Each mortgage loan made by an FDIC-supervised institution or servicer acting on its behalf shall require the escrow of all premiums and fess for flood insurance for any designated loan secured by residential improved real estate or a mobile home, made, increased, extended or renewed on or after January 1, 2016.

Frequency – Payable with same frequency as payments designated for the loans

Exceptions

● Loan is an extension of credit primarily for business, commercial or agricultural purposes

● Loan is in a subordinate position to a senior lien secured by the same residential improved real estate or mobile for which the borrower has obtained flood insurance

● Flood Insurance coverage for the residential real estate is provided by a policy that

&nbsp;&nbsp;&nbsp;&nbsp;a. Meets
 requirements

&nbsp;&nbsp;&nbsp;&nbsp;b. Provided
 by a condominium association, cooperative or other applicable group and

&nbsp;&nbsp;&nbsp;&nbsp;c. The
 premium for which is paid by the condominium associate, cooperative, homeowners association,
 or other group as a common expense.

**Misrepresentation and Third-Party Review**

Validate that fraud reports and independent third-party property valuations reports are in the file. The review will consist of the following:

1) Misrepresentation Review and Valuation Review

Review on each loan to identify potential misrepresentations of income, employment, identity, occupancy, transaction and appraisal misrepresentation or other areas of potential misrepresentation. The Misrepresentation may include the following:

● Signatures: Validate signature consistency across documents. To the extent imaged or hard copy files are provided, Consultant will utilize reasonable efforts to validate the consistency of signatures across documents.

● Alerts: Assess credit report alerts for accuracy and potential issues.

● Social Security Numbers: Compare SSN(s) across all file documents.

● Document Integrity: Review for apparent alterations to loan documents. To the extent imaged or hard copy files are provided, Consultant will utilize reasonable review of alterations to the loan documents.

● Data Consistency: Review the documents contained in the loan file for consistency of data.

● Third Party Fraud Tools: To the extent a third party fraud tool is contained in the loan file, the Consultant will ensure high level or critical warnings are reviewed and addressed.

**Independent Third-Party Values**

Review each loan to determine whether a third party valuation product was required and if required, that the third party product value was compared to the original appraised value to identify a value variance and apply the appropriate rating agency grade after reviewing the required valuation products. i) Consultant will perform the following steps.

● Property is complete

● Value is based on as-is condition or provides satisfactory completion of all material conditions including inspections, licenses, and certifications (including certificates of occupancy) to be made or issued with respect to all occupied portions of the mortgaged property and with respect to the use and occupancy of the same, have been made or obtained from the appropriate authorities.

● Property is described in average or better condition

● No apparent appraiser independence violation statements

● Appraisal addresses any adverse comments

● Appraisal is completed on appropriate GSE Forms

● Appraisal contains required attachments.

● Appraiser was appropriately licensed at the time the appraisal was signed

If the valuation vendor des not supply the updated valuation product directly to the Consultant, the Client will authorize the valuation vendor to issue an attestation with sufficient information for the Consultant to determine the correct valuation product was utilized to verify the accuracy of the origination appraisal.

Value Review Disclaimer

● The individuals performing the above procedures are not person providing valuations for the purpose of the Uniform Standards of Professional Appraisal Practice ("USPAP") or necessarily licensed as appraiser under Federal or State law, and the services being performed do not constitute appraisal reviews for the purposes of USPAP or Federal or State law.

● Opus makes no representation or warranty as to the value of the mortgaged property, notwithstanding that Opus may have reviewed the valuation information for reasonableness.

● Opus is not an Appraisal Management Company ("AMC") and therefore does not opine on the actual value of the underlying property.

● Opus is not a creditor within the meaning of the Equal Credit Opportunity Act ("ECOA") or other lending laws and regulations, and therefore Opus will not have and communications with or responsibility to any individual concerning property valuations.

**Properties in FEMA declared disaster zones.**

If a FEMA declared disaster occurs after the inspection date on the appraisal, Consultant will review the file to determine if an exterior inspection to ensure:

● No apparent damage to the property

● Property appears to be occupied

**Data Compare**

Client will provide a data tape with the following data fields and Consultant will compare the field to the applicable source document and report any variance

● Appraised Value

● CLTV

● DTI

● FICO

● Interest Only

● Interest Rate

● Loan Term

● Loan Purpose

● LTV

● Occupancy

● Original Balance

● Property Address

● Property City

● Property State

● Property Type

● Sales Price

● Second Mortgage Lien Amount

● Self Employed

● Units

● Zip Code

● Loan Type

● QM Status

**Rating Agency Grading Criteria**

**Fitch Ratings Grading Criteria**

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Fitch in their current industry publications as updated from time to time.

**Moody's Investor Services Grading Criteria**

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Moody's in their current industry publications as updated from time to time.

**Kroll Bond Rating Agency LLC Grading Criteria**

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Kroll in their current industry publications as updated from time to time.

**S&P Global Ratings Grading Criteria**

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Standard & Poor's in their current industry publications and updated from time to time.

**DBRS Morningstar Grading Criteria**

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by DBRS in their current industry publications and updated from time to time.

**Opus Grading Criteria**

1) Opus Grading Criteria

Grading shall be provided for each exception, each exception category and holistically for each loan. The following grading is not intended for securitization reviews and Opus will not issue a Rating Agency Narrative, Reliance or Form ABS Due Diligence 15E if Client elects to utilize the following grading criteria. The methodology for the application of grading is defined by Opus and updated from time to time shall be determined as follows:

**Opus Credit Grades**

● Level 1 Credit Grade Definition: Loan was originated in accordance with the mortgage loan originator underwriting guidelines without exception.

● Level 2 Credit Grade Definition: Loan was originated in substantial compliance with the originator's underwriting guidelines and there are sufficient compensating factors for any exceptions.

● Level 3 Credit Grade Definition: Loan was not originated in substantial compliance with the originator's underwriting

guidelines and there are insufficient compensating factors for the exceptions or is missing material documentation.

**Opus Property Grades**

● Level 1 Property Grade Definition: Property value appears to be within 10% of original appraised amount and there are no material deficiencies in the appraisal process.

● Level 2 Property Grade Definition: Property value appears to be within 10% of original appraised amount, but minor issues in the appraisal process were identified.

● Level 3 Property Grade Definition: Property value does not appear to fall within 10% of the original appraised value and/or material deficiencies exist with respect to the appraisal process or the file is missing material documentation.

**Opus Compliance Grades**

● Level 1 Compliance Grade Definition: Loan complies with all applicable laws and regulations reviewed under the applicable scope of work.

● Level 2 Compliance Grade Definition: There are minor issues regarding legal and/or regulatory compliance but such issues do not represent risks to the enforceability of the borrower's obligation under the loan documents and will not result in assignee liability to the investor.

● Level 3 Compliance Grade Definition: Loan is not in compliance with laws and regulations reviewed under the applicable scope of work or the loan is missing material documentation.

**REDACTED INFORMATION**

● Borrower Name

● Co-Borrower Name

● SSNs

● Property Address, City, County, MSA, Zip

● Mailing Address

● Account Number, including Originator and Servicer Loan Number

● Origination Date

● Names of Borrowers or any other Individuals

● Company and Entity Names

● Financial Institution Names

● Job Position Titles

● Any Address

● Any Location Information (other than state), including City, County, MSA and Zip

● Account Numbers of any type

● Insurance Claim Numbers

● Insurance Policy Numbers

● Foreclosure Action dates and Case Numbers

● Bankruptcy Action dates and Case Numbers

● Any reference that would allow the identification of the location of a property (e.g. neighborhood, body of water, schools, major highways)

**DSCR Loan Review**

A re-underwriting review will be conducted in order to verify that the requisite underwriting guidelines as specified by Client (the "<u>Underwriting Guidelines</u>") are met. Confirmation of the loan terms will be performed through recalculation and review of documentation contained in the loan file provided to the Consultant. The Credit Qualification review guidelines will consist of the following:

**Borrower Underwriting:**

● **Borrower Liquidity:** Review and confirm borrower's liquidity position adheres to Underwriting Guidelines.

● **Credit / Background Check:** Review and confirm each guarantor and/or owner of the borrowing entity requirements meet Underwriting Guidelines, including OFAC.

● **Property management questionnaire:** Review the questionnaire to confirm management experience meets Underwriting Guidelines.

● **Borrowing Entity:** Confirm the entity is in good standing and duly formed (if applicable documents are in the file). Verify the individual signing on behalf of the organization has the authority to bind the entity (if applicable documents are in the file).

● **Loan-to-Value (LTV)/Loan-to-Cost (LTC) Limits:** Confirm the LTV/LTC meets Underwriting Guidelines per Underwriting Guidelines.

● **Permitted Loan Terms:** Confirm the loan terms are eligible per the Underwriting Guidelines.

● **Property Requirements and Market Requirements:** Confirm the loan Property and Market Requirements are eligible per the Underwriting Guidelines.

● **DSCR—ensure components of Debt Service Coverage Ratio are identified correctly:** Recalculation of DSCR

**Title Insurance Requirements are met per Guidelines only as follows**

Confirm Loss payee language must be present and required insurance policies and coverage amounts meet the Underwriting Guidelines.

● **Condominium Eligibility:** Confirm Condo Master Policy is present and meets the Underwriting Guidelines

● **Property Insurance:** Confirm each mortgaged property has a policy in place and proper coverage amount in adherence to the Underwriting Guidelines.

● **Preliminary/Commitment Title:** Review and confirm first lien holder position, validate no loan file discrepancies, delinquent taxes, and/or additional liens at time of consummation.

**Credit Document Check**

● Loan Application: Verify the presence and completeness of both the initial and final loan applications.

● Credit Report: Verify the presence of a credit report for each borrower. Confirm that the credit report was pulled within the timing requirements allowable per the Client provided underwriting guidelines.

● Housing Payment History: In the absence of housing payment histories on the borrower(s) credit report(s), verify that that the file contains a verification of rent or a verification of mortgage form.

● Letters of Explanation: When Letters of Explanation are required by the Client provided underwriting guidelines, verify the presence of any such letters exist in the loan file.

● Gift Letters: When Gift Letters are required by the Client provided underwriting guidelines, verify the presence of any such letters exist in the loan file.

● Asset Documentation: Verify the presence of asset documentation required by the Client provided underwriting guidelines in the loan file.

● Property Valuation Tools: Verify that each loan file contains adequate appraisal and other third party valuation tools to satisfy the minimum required documentation under the relative Client provided underwriting guidelines.

● Proof of Insurance: Verify the presence of insurance certificates for mortgage, hazard and flood insurance on an as needed basis depending upon the specifics of the loan. Confirm that adequate coverage is present to meet the requirements of the Client provided underwriting guidelines.

**Compliance**

● No compliance testing for the DSCR review.

**<u>Pool Details</u>**

![](ex9927002.jpg)

![](ex9927003.jpg)

**<u>Tape Discrepancies</u>**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Data Element** | &nbsp;&nbsp;**Count** | &nbsp;&nbsp;**Accuracy** |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;96.88% |
| &nbsp;&nbsp;Borrower 2 Last Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;96.88% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;1 | &nbsp;&nbsp;96.88% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;14 | &nbsp;&nbsp;56.25% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;2 | &nbsp;&nbsp;93.75% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;6 | &nbsp;&nbsp;81.25% |
| &nbsp;&nbsp;**Total Loan Population** | &nbsp;&nbsp;**32** |  |

---

**Multiple Loans to One Borrower:** TPR firm reviewed common identifiers for all loans in the population and confirmed there was one obligor with multiple loans in the pool.

**Property Inspection Waivers:** No loans had a Property Inspection Waiver.

**<u>Loan Grading Definitions</u>**

**<u> </u>**

**<u>Credit</u>**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;S&P | &nbsp;&nbsp;Moody's | &nbsp;&nbsp;Fitch | &nbsp;&nbsp;Kroll | &nbsp;&nbsp;DBRS | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp; A | &nbsp;&nbsp; A | &nbsp;&nbsp;Loan conforms to all applicable guidelines, no conditions noted |
| &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp; B | &nbsp;&nbsp; B | &nbsp;&nbsp;Loan does not meet every applicable credit guideline. However, most of the loan characteristics are within the guidelines and there are documented and significant compensating factors |
| &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp; C | &nbsp;&nbsp; C | &nbsp;&nbsp;The loan does not meet every applicable credit guideline, and most of the loan characteristics are outside of guidelines; or there are weak or no compensating factors |
| &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp; D | &nbsp;&nbsp; D | &nbsp;&nbsp;The loan file is missing critical documentation required to perform the review |

---

**<u>Compliance</u>**

**<u> </u>**

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;S&P | &nbsp;&nbsp;Moody's | &nbsp;&nbsp;Kroll | &nbsp;&nbsp;DBRS | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;The loan was originated in compliance with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations |
| &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;The loan was originated in compliance with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations; however, minor evidentiary issue(s) exist |
| &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp;The includes material violation(s) with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations |
| &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp;The loan file is missing critical documentation required to perform the review |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;Fitch | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The loan was originated in compliance with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The loan is in compliance with all applicable laws and regulations and a benefit to the borrower is present and documented |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The includes material violation(s) with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations |
| &nbsp;&nbsp;D | &nbsp;&nbsp;The loan file is missing critical documentation required to perform the review |

---

**<u>Property Valuation</u>**

---

| | |
|:---|:---|
| &nbsp;&nbsp;Moody's | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A &nbsp;&nbsp; A | &nbsp;&nbsp;Value is within a 10% variance of third party product. Appraisal meets lender guidelines. Subject property is 100% complete. Property condition is average or better. Standard GSE form was utilized. Appraiser is licensed. Appraisal is complete. |
| &nbsp;&nbsp;B &nbsp;&nbsp; B | &nbsp;&nbsp;Meets all terms for an A, but property requires cosmetic or minor repairs that do not affect value or habitability |
| &nbsp;&nbsp;C &nbsp;&nbsp; C | &nbsp;&nbsp;Any of the following items: Origination value and third party valuation product value has a variance of 10% or greater, cannot validate value, property is incomplete, property condition is less than average, GSE form was not utilized, and/or the appraisal and/or does not meet guidelines |
| &nbsp;&nbsp;D &nbsp;&nbsp; D | &nbsp;&nbsp;The loan file was missing the appraisal and/or other valuations products needed to complete the review |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;S&P | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;First Level Review Value is within a 10% variance to the original appraisal. Appraisal meets lender guidelines. Subject property is 100% complete. Property condition is average or better. Standard GSE form was utilized. Appraiser is licensed. Appraisal is complete. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;First Level Review Value is greater than a 10% variance to the original appraisal but the second level review value is within 10% variance of the original appraised value. In addition, property requires cosmetic or minor repairs that do not affect value or habitability |
| &nbsp;&nbsp;C | &nbsp;&nbsp;Any of the following items: Second Level Review Value is greater than a 10% variance to the original appraisal, cannot validate value, property is incomplete, property condition is less than average, GSE form was not utilized, and/or the appraisal and/or does not meet guidelines |
| &nbsp;&nbsp;D | &nbsp;&nbsp;The loan file was missing the appraisal and/or other valuations products needed to complete the review |

---

**<u>Loan Review Findings</u>**

The following summarizes Consultant's final loan securitization and event grades assigned to the final reviewed loan pool and reported in the Agency Grading Report dated October 24, 2025.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Overall Grade Summary** | | |
| &nbsp;&nbsp;**DBRS, Fitch, Kroll, and Moody's NRSRO Grade** | <br>&nbsp;&nbsp;**# of <br> Loans** | <br>&nbsp;&nbsp;**% of<br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;21 | &nbsp;&nbsp;65.63% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;11 | &nbsp;&nbsp;34.38% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Compliance Grade Summary** |  |  |
| &nbsp;&nbsp;**DBRS, Fitch, Kroll, and Moody's NRSRO Grade** | &nbsp;&nbsp;**# of <br> Loans** | &nbsp;&nbsp;**% of <br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;27 | &nbsp;&nbsp;84.38% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;5 | &nbsp;&nbsp;15.63% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Credit Grade Summary** | | |
| &nbsp;&nbsp;**DBRS, Fitch, Kroll, and Moody's NRSRO Grade** | <br>&nbsp;&nbsp;**# of<br> Loans** | <br>&nbsp;&nbsp;**% of <br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;26 | &nbsp;&nbsp;81.25% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;6 | &nbsp;&nbsp;18.75% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Property Grade Summary** |  |  |
| &nbsp;&nbsp;**DBRS, Fitch, Kroll, and Moody's NRSRO Grade** | &nbsp;&nbsp;**# of <br> Loans** | &nbsp;&nbsp;**% of <br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;32 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Overall Grade Summary** | | |
| &nbsp;&nbsp;**S&P NRSRO Grade** | <br>&nbsp;&nbsp;**# of <br> Loans** | <br>&nbsp;&nbsp;**% of <br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;20 | &nbsp;&nbsp;62.50% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;12 | &nbsp;&nbsp;37.50% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Compliance Grade Summary** |  |  |
| &nbsp;&nbsp;**S&P NRSRO Grade** | &nbsp;&nbsp;**# of <br> Loans** | &nbsp;&nbsp;**% of <br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;27 | &nbsp;&nbsp;84.38% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;5 | &nbsp;&nbsp;15.63% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Credit Grade Summary** |  |  |
| &nbsp;&nbsp;**S&P NRSRO Grade** | &nbsp;&nbsp;**# of<br> Loans** | &nbsp;&nbsp;**% of <br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;26 | &nbsp;&nbsp;81.25% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;6 | &nbsp;&nbsp;18.75% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Property Grade Summary** | | |
| &nbsp;&nbsp;**S&P NRSRO Grade** | <br>&nbsp;&nbsp;**# of <br> Loans** | <br>&nbsp;&nbsp;**% of<br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;30 | &nbsp;&nbsp;93.75% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;2 | &nbsp;&nbsp;6.25% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

**<u> </u>**

**<u>Loans Reviewed (32)</u>**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;4350117733 | &nbsp;&nbsp;4350117741 | &nbsp;&nbsp;4350117746 | &nbsp;&nbsp;4350117756 |
| &nbsp;&nbsp;4350117734 | &nbsp;&nbsp;4350117750 | &nbsp;&nbsp;4350117751 | &nbsp;&nbsp;4350117755 |
| &nbsp;&nbsp;4350117736 | &nbsp;&nbsp;4350117753 | &nbsp;&nbsp;4350117740 | &nbsp;&nbsp;4350117762 |
| &nbsp;&nbsp;4350117738 | &nbsp;&nbsp;4350117739 | &nbsp;&nbsp;4350117742 | &nbsp;&nbsp;4350117760 |
| &nbsp;&nbsp;4350117735 | &nbsp;&nbsp;4350117743 | &nbsp;&nbsp;4350117745 | &nbsp;&nbsp;4350117764 |
| &nbsp;&nbsp;4350117737 | &nbsp;&nbsp;4350117752 | &nbsp;&nbsp;4350117747 | &nbsp;&nbsp;4350117759 |
| &nbsp;&nbsp;4350117748 | &nbsp;&nbsp;4350117749 | &nbsp;&nbsp;4350117757 | &nbsp;&nbsp;4350117761 |
| &nbsp;&nbsp;4350117744 | &nbsp;&nbsp;4350117754 | &nbsp;&nbsp;4350117758 | &nbsp;&nbsp;4350117763 |

---

If you have any questions, please contact Uriah Clavier at Uriah.Clavier@opuscmc.com

## Exhibit 99.27

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.27**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** |
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Deal ID** | **Original Loan Amount** |
| XXXX | XXXX | XXXX | 4350117733 | XXXX A |
| XXXX | XXXX | XXXX | 4350117734 | XXXX D A B |
| XXXX | XXXX | XXXX | 4350117735 | XXXX A D C |
| XXXX | XXXX | XXXX | 4350117736 | XXXX D A |
| XXXX | XXXX | XXXX | 4350117737 | XXXX D A B |
| XXXX | XXXX | XXXX | 4350117738 | XXXX A |
| XXXX | XXXX | XXXX | 4350117739 | XXXX C D A B |
| XXXX | XXXX | XXXX | 4350117740 | XXXX D B A |
| XXXX | XXXX | XXXX | 4350117741 | XXXX A B |
| XXXX | XXXX | XXXX | 4350117742 | XXXX A C |
| XXXX | XXXX | XXXX | 4350117743 | XXXX A |
| XXXX | XXXX | XXXX | 4350117744 | XXXX C A B |
| XXXX | XXXX | XXXX | 4350117745 | XXXX A |
| XXXX | XXXX | XXXX | 4350117746 | XXXX A |
| XXXX | XXXX | XXXX | 4350117747 | XXXX A |
| XXXX | XXXX | XXXX | 4350117748 | XXXX A B |
| XXXX | XXXX | XXXX | 4350117749 | XXXX D C A |
| XXXX | XXXX | XXXX | 4350117750 | XXXX C A B |
| XXXX | XXXX | XXXX | 4350117751 | XXXX A |
| XXXX | XXXX | XXXX | 4350117752 | XXXX A |
| XXXX | XXXX | XXXX | 4350117753 | XXXX A B |
| XXXX | XXXX | XXXX | 4350117754 | XXXX A |
| XXXX | XXXX | XXXX | 4350117755 | XXXX A |
| XXXX | XXXX | XXXX | 4350117756 | XXXX C A B |
| XXXX | XXXX | XXXX | 4350117757 | XXXX D C A B |
| XXXX | XXXX | XXXX | 4350117758 | XXXX A C B |
| XXXX | XXXX | XXXX | 4350117759 | XXXX A B |
| XXXX | XXXX | XXXX | 4350117760 | XXXX A |
| XXXX | XXXX | XXXX | 4350117761 | XXXX A |
| XXXX | XXXX | XXXX | 4350117762 | XXXX A |
| XXXX | XXXX | XXXX | 4350117763 | XXXX D A |
| XXXX | XXXX | XXXX | 4350117764 | XXXX A |

---

## Exhibit 99.28

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.28**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Deal ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Signature Date** | **Primary Appraisal Effective Date** | **Primary Appraisal Type** | **Primary Appraisal Company** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXXX | XXXX | XXXX | 4350117733 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70.0 | 70.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.4 | XXXX |
| XXXX | XXXX | XXXX | 4350117734 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 53.37 | 53.37 | XXXX | XXXX | .0440 | 1004 URAR |  |  |  |  | XXXX | XXXX | .0440 | XXXX | 1004 URAR |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | XXXX | 4350117735 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 74.31 | 74.31 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.1 | XXXX |
| XXXX | XXXX | XXXX | 4350117736 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70.0 | 70.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | Clear Capital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | XXXX | 4350117737 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 85.0 | 85.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | XXXX | 4350117738 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 60.0 | 60.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.4 | XXXX |
| XXXX | XXXX | XXXX | 4350117739 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 57.83 | 57.83 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | XXXX | 4350117740 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 60.0 | 60.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | Clear Capital |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.6 | XXXX |
| XXXX | XXXX | XXXX | 4350117741 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 80.0 | 80.0 | XXXX | XXXX | -.0200 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -.0200 | ClearCapital |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | XXXX | 4350117742 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 78.77 | 78.77 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | XXXX | 4350117743 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 70.0 | 70.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | Clear Capital |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | XXXX | 4350117744 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 35.71 | 35.71 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | XXXX | 4350117745 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | XXXX | 4350117746 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 65.0 | 65.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXXX |
| XXXX | XXXX | XXXX | 4350117747 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 41.67 | 41.67 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXXX |
| XXXX | XXXX | XXXX | 4350117748 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 70.0 | 70.0 | XXXX | XXXX | .0323 | 1025 Small Residential Income Report |  |  |  |  | XXXX | XXXX | .0323 | XXXX | 1025 Small Residential Income Report |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | XXXX | 4350117749 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXXX |
| XXXX | XXXX | XXXX | 4350117750 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 90.0 | 90.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | Clear capital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | XXXX | 4350117751 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 65.0 | 65.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | XXXX | 4350117752 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 63.79 | 63.79 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | Clear capital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | XXXX | 4350117753 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | Clear Capital |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | XXXX | 4350117754 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | XXXX | 4350117755 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | XXXX | 4350117756 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 74.0 | 74.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXXX |
| XXXX | XXXX | XXXX | 4350117757 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 76.92 | 76.92 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | Clear Capital | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXXX |
| XXXX | XXXX | XXXX | 4350117758 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 85.0 | 85.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | Clear capital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | XXXX | 4350117759 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | XXXX | 4350117760 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXXX |
| XXXX | XXXX | XXXX | 4350117761 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 28.43 | 28.43 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXXX |
| XXXX | XXXX | XXXX | 4350117762 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 65.0 | 65.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | Clear Capital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX | XXXX | 4350117763 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 70.0 | 70.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | XXXX | 4350117764 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |

---

## Exhibit 99.29

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.29**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX | 4350117747 |  |  | XXXX | Borrower 1 Last Name | notePage | XXXX | XXXX | Audit Value Pulled From Note. |
| XXXX | 4350117737 |  |  | XXXX | Borrower 2 Last Name | notePage | XXXX | XXXX | Audit Value Pulled From Note. |
| XXXX | 4350117735 |  |  | XXXX | Property Address | notePage | XXXX | XXXX | Audit Value Pulled From Note. |
| XXXX | 4350117733 |  |  | XXXX | Property Type | propertyValuationPage | Single Family Detached | Attached | Audit Value Pulled From Appraisal. |
| XXXX | 4350117736 |  |  | XXXX | Property Type | propertyValuationPage | PUD | Single Family Detached | Audit Value Pulled From Appraisal. |
| XXXX | 4350117741 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Attached | Audit value pulled from Appraisal. |
| XXXX | 4350117742 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Audit Value Pulled From Appraisal. |
| XXXX | 4350117743 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Attached | Audit value pulled from documents located in the loan file. |
| XXXX | 4350117745 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Attached | Audit Value Pulled From Appraisal. |
| XXXX | 4350117747 |  |  | XXXX | Property Type | propertyValuationPage | Single Family Attached | Single Family Detached | Audit value pulled from the appraisal. |
| XXXX | 4350117748 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Attached | Audit Value Pulled From Appraisal. |
| XXXX | 4350117751 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Audit Value Pulled From Appraisal. |
| XXXX | 4350117753 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Attached | Audit value pulled from documents located in the loan file. |
| XXXX | 4350117754 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Attached | Audit Value Pulled From Appraisal. |
| XXXX | 4350117758 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Audit Value Pulled From Appraisal. |
| XXXX | 4350117762 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Attached | Audit Value Pulled From Appraisal. |
| XXXX | 4350117764 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Attached | Audit Value Pulled From Appraisal. |
| XXXX | 4350117737 |  |  | XXXX | Qualifying FICO | creditLiabilitiesPage | 726 | 689 | Audit value based on lender qualifying requirements. |
| XXXX | 4350117755 |  |  | XXXX | Qualifying FICO | creditLiabilitiesPage | 726 | 700 | Audit value based on lender qualifying requirements. |
| XXXX | 4350117742 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 3.22 | 3.32 | Audit DTI difference is due to liabilities based on documents in loan file.  |
| XXXX | 4350117747 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 30.93 | 30.92 | Rounding. |
| XXXX | 4350117750 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 18.16 | 18.24 | Audit DTI difference is due to liabilities based on documents in loan file.  |
| XXXX | 4350117753 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 19.31 | 19.28 | Audit reflects difference in net rental income per documents in the loan file.  |
| XXXX | 4350117758 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 11.88 | 10.94 | Audit DTI difference is due to liabilities based on documents in loan file.  |
| XXXX | 4350117763 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 16.13 | 9.20 | Audit liabilities for Borrowers Primary Mortgage were based on documents in the loan file.  |

---

## Exhibit 99.30

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.30**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Seller** | **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Created Date** | **Last Modified Date** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Reviewer Comments** | **Seller Comments** | **Finding Resolution** | **Finding Document** | **Reviewer Comp Factors** | **Originator Comp Factors** | **State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Unique Finding ID** | **Acknowledged / Waived By** | **Waiver in File?** |
| XXXX | XXXX | 4350117734 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is greater than Guideline Maximum Loan Amount | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Buyer-XXXX <br> Open-Audited Loan Amount of $XXXX is greater than the Guideline Maximum Loan Amount of $XXXX Audited Loan Amount of $XXXX is greater than the Guideline Maximum Loan Amount of $XXXX. - Due Diligence Vendor-XXXX |  | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-XXXX<br>| XXXX |  | LTV 54%, 16%<70% Max<br> FICO 784, 84>700 Min<br> DSCR 1.46x, .46x>1.0x Min<br> Res 55 mo, 53 mo>2 mo Min | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Post-Close | No |
| XXXX | XXXX | 4350117734 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | Final HUD/Settlement Statement Not Provided | Resolved-Final HUD provided. Finding Resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-The final HUD/Settlement Statement is missing. The HUD/Settlement Statement in file is marked "estimated". - Due Diligence Vendor-XXXX |  | Resolved-Final HUD provided. Finding Resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350117735 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Missing Doc | TRID: Missing Loan Estimate | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Counter-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Initial and Final Loan estimate is missing.<br> - Due Diligence Vendor-XXXX |  | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350117735 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Missing Doc | ECOA: Appraisal Disclosure Missing or Incomplete | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-ECOA Compliant: Appraisal Disclosure provided. - Due Diligence Vendor-XXXX <br>Ready for Review-Why are you asking for this it is on the LE - Buyer-XXXX <br>Open-ECOA Non-Compliant: Appraisal Disclosure Missing or Incomplete. ECOA: Appraisal Disclosure Missing.<br> - Due Diligence Vendor-XXXX |  | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-ECOA Compliant: Appraisal Disclosure provided. - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350117735 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - List of Settlement Service Providers Mailed/Delivered Within Three Business Days of Application | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br> Resolved-Resolved - Due Diligence Vendor-XXXX <br> Open-The List of Settlement Service Providers Disclosure Date (XXXX) is more than 3 business days from the Application Date (XXXX). Three business days from the Application Date is (XXXX). Under Regulation Z, the List of Settlement Service Providers must be delivered or placed in the mail not later than the third business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(vi); 1026.19(e)(1)(iii)) . - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX |  | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Resolved - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350117735 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | TRID Tolerance | Insufficient Change of Circumstance (XXXX) | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Resolved - Due Diligence Vendor-XXXX <br>Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Points - Loan Discount Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). . - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX |  | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Resolved - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350117735 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | TRID Tolerance | Charges That Cannot Increase Test (XXXX) | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Resolved - Due Diligence Vendor-XXXX <br>Open-The following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the Cannot Increase Category: Points - Loan Discount Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4)). . - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX |  | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Resolved - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350117735 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Homeownership Counseling Organizations Disclosure Missing or Incomplete | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Homeownership Counseling Disclosure Is Present or Not Applicable - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Homeownership Counseling Organizations Disclosure Missing or Incomplete Homeownership Counseling Organizations Disclosure Missing.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Homeownership Counseling Disclosure Is Present or Not Applicable - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350117735 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Property | Value | Missing Valuation Review Product - 1 | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350117736 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | Required Documentation is Missing | Resolved-Lender supplied updated guides which allow a 2 year history of rental income from 3 comparable properties prepared by a third party for purchase transactions only where the subject property is not currently leased on a short-term basis. Condition resolved. - Due Diligence Vendor-XXXX <br>Open-Lender's guidelines require 12 monthly statements or an annual statement provided by on-line service to determine the annual gross rent on a property leased on a short-term basis. The loan file contains annual statements for 3 properties that do not match the subject address. The annual statement for the subject property is missing from the loan file. - Due Diligence Vendor-XXXX |  | Resolved-Lender supplied updated guides which allow a 2 year history of rental income from 3 comparable properties prepared by a third party for purchase transactions only where the subject property is not currently leased on a short-term basis. Condition resolved. - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350117737 | XXXX | XXXX | Closed | XXXX | XXXX | Acknowledged | 2 - Non-Material | Credit | Eligibility | Appraisal Transfer Does Not Meet Guideline Requirements | Acknowledged-The Lender provided approved exception dated post consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Appraisal Transfer Does Not Meet Guideline Requirements. The lender requirements for a Transfer of Appraisal require the following: 1) Prepared on letterhead of the original lender, 2) Current Date, 3) Borrower Name, 4) Property address, 5) Statement that the appraisal was prepared in compliance of Appraisal Independence requirements, and 6) Signed by an authorized representative. The Transfer letter in file is missing the current date and was not signed by an authorized representative - Due Diligence Vendor-XXXX |  | Acknowledged-The Lender provided approved exception dated post consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-XXXX<br>| XXXX |  | 21 months reserves > 6 months required<br> Residual Income XXXX > 1.5K minimum<br> Self-Employed 5.4 Years > 2 years minimum. | XXXX | Primary Residence | Purchase | NA | XXXX | Investor Post-Close | No |
| XXXX | XXXX | 4350117737 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing Purchase Contract | Resolved-Purchase Contract provided. The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Missing Purchase Contract - Due Diligence Vendor-XXXX |  | Resolved-Purchase Contract provided. The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350117739 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Audited FICO of 685 is less than Guideline FICO of 720 - Due Diligence Vendor-XXXX |  | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-XXXX<br>| XXXX |  | Reserves 115 months, 109>6 month Min<br> LTV 57.83%, 12%<70% Max<br> Housing History subject and primary properties are owned f/c-Guideline 1x30x12 no rolling | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No |
| XXXX | XXXX | 4350117739 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Missing Final HUD-1: HUD in file Not Signed or Stamped Certified | Resolved-Lender provided Final HUD/Settlement Statement. Finding is resolved. - Due Diligence Vendor-XXXX <br>Resolved-Signed or Stamped Certified HUD provided. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Missing Final HUD-1: HUD in file Not Signed or Stamped Certified. - Due Diligence Vendor-XXXX |  | Resolved-Lender provided Final HUD/Settlement Statement. Finding is resolved. - Due Diligence Vendor-XXXX <br>Resolved-Signed or Stamped Certified HUD provided. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350117740 | XXXX | XXXX | Closed | XXXX | XXXX | Acknowledged | 2 - Non-Material | Compliance | Missing Doc | ECOA: Most Recent Primary Appraisal Not Provided to Applicant | Acknowledged-The lender provided the same appraisal receipt from XXXX that was originally in file, but the appraiser's signature in file is from XXXX. The borrower must ultimately receive the final signed appraisal at least 3 business days prior to close. Without such evidence, the file documents only the delivery of a draft appraisal, which fails to meet regulatory requirements. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Due Diligence Vendor-XXXX <br>Ready for Review-Please waive - Buyer-XXXX <br>Open-ECOA Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. ECOA: Most Recent Primary Appraisal Date of XXXX is after the Primary Appraisal Delivery Date of XXXX. The borrower must ultimately receive the final signed appraisal at least 3 business days prior to close. Without such evidence, the file documents only the delivery of a draft appraisal, which fails to meet regulatory requirements. - Due Diligence Vendor-XXXX |  | Acknowledged-The lender provided the same appraisal receipt from XXXX that was originally in file, but the appraiser's signature in file is from XXXX. The borrower must ultimately receive the final signed appraisal at least 3 business days prior to close. Without such evidence, the file documents only the delivery of a draft appraisal, which fails to meet regulatory requirements. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | Investor Post-Close | No |
| XXXX | XXXX | 4350117740 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-The lender provided the required documentation. Condition cleared. - Due Diligence Vendor-XXXX <br>Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Borrower 1 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-XXXX |  | Resolved-The lender provided the required documentation. Condition cleared. - Due Diligence Vendor-XXXX <br>Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350117740 | XXXX | XXXX | Closed | XXXX | XXXX | Acknowledged | 1 - Information | Property | Value | XXXX value equals B, secondary product within tolerance | Acknowledged-This finding will be rated a B for XXXX. All other agencies will be rated as A. - Due Diligence Vendor-XXXX <br>Ready for Review-Please waive - Buyer-XXXX <br>Open-XXXX value equals B, secondary product within tolerance. This finding will be rated a B for XXXX. All other agencies will be rated as A. - Due Diligence Vendor-XXXX |  | Acknowledged-This finding will be rated a B for XXXX. All other agencies will be rated as A. - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Investment | Purchase | NA | XXXX | Investor Post-Close | No |
| XXXX | XXXX | 4350117741 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Disclosure | ECOA: Appraisal Not Provided to Applicant | Resolved-The lender provided the required documentation. Condition Cleared - Due Diligence Vendor-XXXX <br>Resolved-ECOA Compliant: Appraisal present; evidence appraisal was provided to applicant. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Due Diligence Vendor-XXXX <br>Ready for Review-Please waive - Buyer-XXXX <br>Open-ECOA Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant. - Due Diligence Vendor-XXXX |  | Resolved-The lender provided the required documentation. Condition Cleared - Due Diligence Vendor-XXXX <br>Resolved-ECOA Compliant: Appraisal present; evidence appraisal was provided to applicant. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350117742 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Disclosure | E-Consent documentation is missing for borrower(s) | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-E-Consent documentation for borrower(s) provided. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-E-Consent documentation is missing for borrower(s). - Due Diligence Vendor-XXXX |  | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-E-Consent documentation for borrower(s) provided. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350117744 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Ineligible Property Type | Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Buyer-XXXX <br> Open-Property type is ineligible due to Subject property on XXXX acres and per lender's guidelines, the maximum acreage is 20. . - Due Diligence Vendor-XXXX |  | Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-XXXX<br>| XXXX |  | LTV 36%, 29%<65% Max<br> DSCR 1.5x, .5x>1.0x Min<br> FICO 802, 142>700 Min<br> RES 70 mo, 61 mo>9 Min | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350117748 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Disclosure | ECOA: Second Appraisal Not Provided to Applicant | Resolved-Lender provided the required Documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-ECOA Compliant: Secondary Appraisal present; evidence appraisal was provided to applicant. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-ECOA Non-Compliant: Secondary Appraisal present; no evidence appraisal was provided to applicant. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XXXX |  | Resolved-Lender provided the required Documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-ECOA Compliant: Secondary Appraisal present; evidence appraisal was provided to applicant. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350117748 | XXXX | XXXX | Closed | XXXX | XXXX | Acknowledged | 2 - Non-Material | Compliance | Disclosure | ECOA: Appraisal Not Provided to Applicant | Acknowledged-ECOA Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-ECOA Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XXXX |  | Acknowledged-ECOA Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Investor Post-Close | No |
| XXXX | XXXX | 4350117748 | XXXX | XXXX | Closed | XXXX | XXXX | Acknowledged | 2 - Non-Material | Compliance | Missing Doc | ECOA: Most Recent Secondary Appraisal Not Provided to Applicant | Acknowledged-ECOA Non-Compliant: Most Recent Secondary Appraisal Not Provided to Applicant. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XXXX |  | Acknowledged-ECOA Non-Compliant: Most Recent Secondary Appraisal Not Provided to Applicant. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Investor Post-Close | No |
| XXXX | XXXX | 4350117749 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements | Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements The refinance closed after the consummation of the subject mortgage. Condition resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Loan did not close yet. - Buyer-XXXX <br>Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements The file is missing Note, final CD/settlement statement and first payment letter/Coupon for recent refinance with lender of the borrower's primary residence, REO 3a on the final application to verify PITI and payoff of prior lien. Additional Conditions may apply. - Due Diligence Vendor-XXXX |  | Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements The refinance closed after the consummation of the subject mortgage. Condition resolved. - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350117749 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing Documentation 1 | Resolved-The refinance closed after the consummation of the subject mortgage. Condition resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Loan did not close yet. - Buyer-XXXX <br>Open-The file is missing Note, final CD/settlement statement and first payment letter/Coupon for recent refinance with lender of the borrower's primary residence, REO 3a on the final application to verify PITI and payoff of prior lien. Additional Conditions may apply. - Due Diligence Vendor-XXXX |  | Resolved-The refinance closed after the consummation of the subject mortgage. Condition resolved. - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350117750 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is greater than Guideline Maximum Loan Amount | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Exception is for LTV which then would allow this loan amount. - Buyer-XXXX <br> Open-Audited Loan Amount of $XXXX is greater than the Guideline Maximum Loan Amount of $XXXX - Due Diligence Vendor-XXXX |  | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-XXXX<br>| XXXX |  | DTI 19% < 45% Max<br> Prior Mtg 0x30x44 vs 1x12x30 Min<br> Other REO 0x30 vs 1x30 Min<br> Residual Income XXXX > 1.5K Min<br> SE 8 Years > 2 Years Min | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350117753 | XXXX | XXXX | Closed | XXXX | XXXX | Acknowledged | 2 - Non-Material | Compliance | Disclosure | ECOA: Appraisal Not Provided to Applicant | Acknowledged-This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XXXX <br>Ready for Review-Please waive - Buyer-XXXX <br>Open-ECOA Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XXXX |  | Acknowledged-This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Investment | Purchase | NA | XXXX | Investor Post-Close | No |
| XXXX | XXXX | 4350117756 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Ineligible Property Type | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Property type is ineligible due to Transaction is a refi of a XXXX condo. Per matrix, XXXX condos = primary only 75% and refinance by exception only. No exception was found in file.. - Due Diligence Vendor-XXXX |  | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-XXXX<br>| XXXX |  | FICO 700, 20 pts>680 min<br> Res 70 mo, 67 mo>3 mo min<br> Housing 0x30x25 vs 1x30x12 min | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Post-Close | No |
| XXXX | XXXX | 4350117757 | XXXX | XXXX | Closed | XXXX | XXXX | Acknowledged | 1 - Information | Property | Value | XXXX value equals B, secondary product within tolerance | Acknowledged-This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XXXX <br>Acknowledged-XXXX value equals B, secondary product within tolerance. This finding will be rated a B for XXXX. All other agencies will be rated as A. - Due Diligence Vendor-XXXX <br>Ready for Review-Please waive - Seller-XXXX <br>Open-XXXX value equals B, secondary product within tolerance. This finding will be rated a B for XXXX. All other agencies will be rated as A. - Due Diligence Vendor-XXXX | Ready for Review-Please waive - Seller-XXXX<br>| Acknowledged-This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XXXX <br>Acknowledged-XXXX value equals B, secondary product within tolerance. This finding will be rated a B for XXXX. All other agencies will be rated as A. - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | Investor Post-Close | No |
| XXXX | XXXX | 4350117757 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Eligibility | Appraisal Transfer Does Not Meet Guideline Requirements | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Appraisal Transfer Meets Guideline Requirements - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Appraisal Transfer Does Not Meet Guideline Requirements. The file is missing a copy of the appraisal invoice submitted to the original lender with outstanding balance if applicable. - Due Diligence Vendor-XXXX |  | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Appraisal Transfer Meets Guideline Requirements - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350117757 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Non-borrowing spouse account guideline (Section 4.2, pg.70-71) - Buyer-XXXX <br>Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements The final application section 2a reflects a Business Bank account ending #8533 that the borrower does not have over 25% ownership and is not eligible to be used to meet cash to close or reserve requirements. - Due Diligence Vendor-XXXX |  | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350117757 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing Documentation 1 | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-The file is missing Note, final CD/settlement statement and first payment letter/Coupon for recent refinance with lender of the borrower's investment property, REO 3a on the final application to verify P&I and payoff of prior lien. Additional Conditions may apply. - Due Diligence Vendor-XXXX |  | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350117758 | XXXX | XXXX | Closed | XXXX | XXXX | Acknowledged | 2 - Non-Material | Compliance | Disclosure | Appraisal Delivery Does Not Conform To E-Sign Act | Acknowledged-This finding is non-material because it was in relation to grade 2 non-material document and will be rated a B for all agencies. - Due Diligence Vendor-XXXX <br>Open-The appraisal was delivered electronically. E-Consent documentation is missing for borrower(s) or E-Consent not provided prior to appraisal delivery. - Due Diligence Vendor-XXXX |  | Acknowledged-This finding is non-material because it was in relation to grade 2 non-material document and will be rated a B for all agencies. - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Investment | Purchase | NA | XXXX | Investor Post-Close | No |
| XXXX | XXXX | 4350117758 | XXXX | XXXX | Closed | XXXX | XXXX | Acknowledged | 2 - Non-Material | Compliance | Disclosure | E-Consent documentation is missing for borrower(s) | Acknowledged-This finding is non-material because it was in relation to grade 2 non-material document and will be rated a B for all agencies. - Due Diligence Vendor-XXXX <br>Open-E-Consent documentation is missing for borrower(s) Provided E-sign document not signed - Due Diligence Vendor-XXXX |  | Acknowledged-This finding is non-material because it was in relation to grade 2 non-material document and will be rated a B for all agencies. - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Investment | Purchase | NA | XXXX | Investor Post-Close | No |
| XXXX | XXXX | 4350117759 | XXXX | XXXX | Closed | XXXX | XXXX | Acknowledged | 2 - Non-Material | Compliance | Missing Doc | ECOA: Most Recent Primary Appraisal Not Provided to Applicant | Acknowledged-This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XXXX <br>Ready for Review-Please Waive - Buyer-XXXX <br>Open-ECOA Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. ECOA: Most Recent Primary Appraisal Date of XXXX is after the Primary Appraisal Delivery Date of XXXX. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XXXX |  | Acknowledged-This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Post-Close | No |
| XXXX | XXXX | 4350117763 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | Required Documentation is Missing | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Missing condo warranty review form. Additional conditions may apply. - Due Diligence Vendor-XXXX |  | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |

---

## Exhibit 99.31

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.31**

![](ex9932001.jpg)

**Selene Diligence LLC ("Selene") Due <br> Diligence Review Narrative ("Report")**

Selene's Report, which is to be made available to the recipients by the Client, includes the loan level results of Selene's independent, third-party due diligence review conducted on behalf of the Client. The scope of review for these loans is as follows:

**DESCRIPTION OF SERVICES:**

&nbsp;&nbsp;&nbsp;&nbsp;**(1) Type of assets that were reviewed.**

Selene performed certain due diligence services described below on residential mortgage loans originated by numerous entities and obtained by Lone Star Residential Acquisitions, LLC ("Client"). The review was conducted between April 2025 and October 2025 via files imaged and provided for review (the "Review").

&nbsp;&nbsp;&nbsp;&nbsp;**(2) Sample size of the assets reviewed.**

This Review consisted of 100% of the loan population.

**FINAL SECURITIZATION POPULATION**

Selene was instructed to perform a review on a population totaling 34 Non-QM loans and 29 ATR/QM exempt loans for a total of 63 loans the "Final Securitization Population".

*<u>Credit Reviews (63):</u>*

During the Review, Selene performed a credit review on 63 mortgage loans in the Final Securitization Population.

*<u>Compliance Review (63)</u>*

During the Review, Selene performed a compliance review, when applicable on 63 mortgage loans in the Final Securitization Population.

*<u>Valuation Reviews (63):</u>*

During the Review, Selene performed a property valuation review on 63 mortgage loans in the Final Securitization Population.

*<u>Data Integrity Review (63):</u>*

During the Review, Selene performed a Data Integrity Review on 63 mortgage loans in the Final Securitization Population.

**<u>FINAL SECURITIZATION POPULATION</u>**

After Selene's initial review was completed, the Client provided Selene with a confirmed list of 63 mortgage loans that formed the Final Securitization Population. The table below summarizes the reviews conducted by Selene.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Review** | &nbsp;&nbsp;**Reviewed Total** | &nbsp;&nbsp;**% of Final Securitization Population** |
| &nbsp;&nbsp;Credit Population | &nbsp;&nbsp;63 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Compliance Population | &nbsp;&nbsp;63 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Valuation Population | &nbsp;&nbsp;63 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Data Integrity Population | &nbsp;&nbsp;63 | &nbsp;&nbsp;100% |

---

&nbsp;&nbsp;&nbsp;&nbsp;**(3) Determination of the sample size and computation.**

The Review was conducted with sample size criteria that has been communicated by the Client to Selene to be consistent with the criteria for the nationally recognized statistical ratings organizations identified in Item 3 of the ABS Due Diligence-15E.s, Fitch Ratings, Inc. ("Fitch") (the "NRSRO").

&nbsp;&nbsp;&nbsp;&nbsp;**(4) Quality or integrity of information or data about the assets: review and methodology.**

Where available, Selene compared the data fields on the bid tape provided by the Client to the data found in the actual loan file as captured by Selene. This information may not have been available for all mortgage loans.

&nbsp;&nbsp;&nbsp;&nbsp;**(5) Origination of the assets and conformity to stated underwriting or credit extension guidelines, standards, criteria or other requirements: review and methodology.**

Selene assessed the underwriting guidelines and compared the documentation in the loan file against the stated guidelines for adherence.

**<u>GUIDELINES</u>**

Northpointe Underwriting Guidelines, Kind Lending Non-Agency Program Guidelines, Flexpoint Non QM Guide, 5<sup>th</sup> Street Capital Underwriting Guidelines (collectively the "Guidelines")

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COLT 2025-11 Executive Summary (Selene Diligence LLC)

**<u>LOAN GRADING</u>**

The Guidelines referenced above served as the benchmark for grading loans with respect to credit, compliance, underwriting, property valuation and data integrity. Each loan received an "initial" and a "final" grade. The "initial" grade was assigned during the initial loan review. The "final" grade considers additional information and supporting documentation that may have been provided by the originators to clear outstanding conditions. Selene's loan grading is solely based on Selene's independent assessment of all Guideline exceptions and compensating factors for each of the component reviews. Selene is providing a comprehensive loan-level analysis that includes initial grades, final grades and detailed commentary on the rationale for any changes in grades and sets forth compensating factors and waivers.

**<u>SCOPE OF REVIEW</u>**

Selene examined the selected loan files with respect to the presence or absence of relevant documents, enforceability of mortgage loan documents, and accuracy and completeness of data fields. Selene relied on the accuracy of information contained in loan documentation provided to Selene (for more detail, please refer to Appendix A, B, and C, attached hereto).

**CREDIT REVIEW**

Selene's credit scope of review conducted on this transaction included the following elements:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Assessed
 whether the characteristics of the mortgage loans and the borrowers conformed to the
 Guidelines cited above;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Re-calculated
LTV, CLTV, income, liabilities and compared these against the Guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Analyzed
 asset statements to determine whether funds to close and reserves were within the Guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Confirmed
that credit scores (FICO) and credit histories were within the Guidelines.

**COMPLIANCE REVIEW**

Selene's compliance scope determined whether the mortgage loans comply with the Federal Truth in Lending Act, the Federal Real Estate Settlement Procedures Act, Sections 1098 and 1100A of Dodd Frank, Sections 1411 and 1412 of the Wall Street Reform and Consumer Protection Act, and the Equal Credit Opportunity Act.

**PROPERTY VALUATION REVIEW**

Selene's Property Valuation scope of review conducted on this transaction included the following elements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Original Appraisal Assessment**

Selene reviewed the original appraisal provided to determine whether the original appraisal was complete, thorough and the original appraised value was reasonably supported.

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COLT 2025-11 Executive Summary (Selene Diligence LLC)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Value Supported Analysis**

Selene applied a cascade methodology to determine if the original appraised value was reasonably supported when compared to an independent third-party valuation product provided by the Client.

**DATA INTEGRITY REVIEW**

Selene uploads tape data into its due diligence application and compares it to the actual documents provided.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Tape
data received from lender/client is stored in a secured FTP folder;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Tape
data is uploaded into the application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Loan
Reviewer collects validated loan data;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Each
received data point is compared to its counterpart collected data point; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Discrepancies
found during comparison are stored and reported.

Selene provided the Client with a copy of the initial loan level tape discrepancy report which shows the differences between the data received by the Client versus the data captured by Selene during the loan review.

**<u>SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW</u>**

The NRSRO criteria referenced for this report and utilized for grading descriptions is based upon the requirements of the NRSROs.

With respect to the Final Securitization Population, Selene conducted (i) a Credit Review on 63 mortgage loans, (ii) a Compliance Review on 63 mortgage loans (iii) a Valuation Review on 63 mortgage loans, and (iv) a Data Integrity Review on 63 mortgage loans; the results of these reviews are discussed below. All grades shown below are based upon the NRSRO grading methodologies utilized by the NRSROs.

**<u>REVIEW RESULTS SUMMARY</u>**

After review of the 63 mortgage loans; 47 mortgage loans had a rating grade of A, 16 mortgage loans had a rating grade of B, 0 mortgage loans had a rating grade of C, and 0 mortgage loans had a rating grade of D.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | &nbsp;&nbsp;***Grades per loan (63 overall loans):***  | &nbsp;&nbsp;***Grades per loan (63 overall loans):***  | &nbsp;&nbsp;***Grades per loan (63 overall loans):***  | &nbsp;&nbsp;***Grades per loan (63 overall loans):***  |  |
| | &nbsp;&nbsp;**INITIAL RA GRADES - OVERALL** | &nbsp;&nbsp;**INITIAL RA GRADES - OVERALL** | &nbsp;&nbsp;**FINAL RA GRADES - OVERALL** | &nbsp;&nbsp;**FINAL RA GRADES - OVERALL** | &nbsp;&nbsp;**FINAL RA GRADES - OVERALL** |
| <br>&nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**%** | &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**%** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;14 | &nbsp;&nbsp;22.22% | &nbsp;&nbsp;A | &nbsp;&nbsp;47 | &nbsp;&nbsp;74.60% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;6 | &nbsp;&nbsp;9.52% | &nbsp;&nbsp;B | &nbsp;&nbsp;16 | &nbsp;&nbsp;25.40% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;10 | &nbsp;&nbsp;15.87% | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;33 | &nbsp;&nbsp;52.38% | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

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COLT 2025-11 Executive Summary (Selene Diligence LLC)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| |  | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***  | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***  | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***  | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***  |
| | &nbsp;&nbsp;**FINAL RA GRADES - COMPLIANCE** | &nbsp;&nbsp;**FINAL RA GRADES - COMPLIANCE** | | &nbsp;&nbsp;**FINAL RA GRADES - CREDIT** | &nbsp;&nbsp;**FINAL RA GRADES - CREDIT** |
| <br>&nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**%** | <br>&nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**%** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;63 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;A | &nbsp;&nbsp;48 | &nbsp;&nbsp;76.19% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;B | &nbsp;&nbsp;15 | &nbsp;&nbsp;23.81% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
|  | &nbsp;&nbsp;**FINAL RA GRADES - PROPERTY** | &nbsp;&nbsp;**FINAL RA GRADES - PROPERTY** |  |  |  |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**%** |  |  |  |
| &nbsp;&nbsp;A | &nbsp;&nbsp;61 | &nbsp;&nbsp;96.83% |  |  |  |
| &nbsp;&nbsp;B | &nbsp;&nbsp;2 | &nbsp;&nbsp;3.17% |  |  |  |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |  |  |  |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |  |  |  |

---

**<u>REVIEW RESULTS SUMMARY (EXCEPTION LISTING)</u>**

Review of the Final Grading Summary (redacted) provides the exceptions in detail and the migration from the initial rating agency grade to the final rating agency grade, based on mitigation/resolution from the client.

*Disclaimer:* Please be advised that Selene did not make a determination as to whether the mortgage loans complied with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated below. There can be no assurance that the Review uncovered all relevant factors relating to the origination of the mortgage loans, their compliance with all applicable laws and regulations and the original appraisals relating to the mortgaged properties or uncovered all relevant factors that could affect the future performance of the mortgage loans. Furthermore, the findings reached by Selene are dependent upon its receiving complete and accurate data regarding the mortgage loans from mortgage loan originators and other third parties upon which Selene is relying in reaching such findings.

Please be further advised that Selene does not employ personnel who are licensed to practice law in the various jurisdictions, and the findings set forth in the reports prepared by Selene do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to Selene. Information contained in any Selene report related to the applicable statute of limitations for certain

Page **5** of **15**

COLT 2025-11 Executive Summary (Selene Diligence LLC)

claims may not be accurate or reflect the most recent controlling case law. Further, a particular court in a particular jurisdiction may extend, not enforce or otherwise allow claims beyond the statute of limitations identified in the report based on certain factors, including the facts and circumstances of an individual mortgage loan. Risk levels associated with a loan may have changed an exception level, given rating agency published guidance, written guidance, or other guidance from the rating agency team on the transaction. All final decisions as to whether to purchase or enter into a transaction related to any individual mortgage loan or the mortgage loans in the aggregate, any investment strategy and any legal conclusions, including the potential liability related to the purchase or other transaction involving any such mortgage loan or mortgage loans, shall be made solely by the Client, or other agreed upon party, that has engaged Selene to prepare its reports pursuant to its instructions and Guidelines. The Client, or other agreed upon party, acknowledges and agrees that the scoring models applied by Selene are

designed to identify potential risk and the Client, or other agreed upon party, assumes sole responsibility for determining the suitability of the information for its particular use. Selene does not make any representation or warranty as to the value of any mortgage loan or mortgage loans collateral that has been reviewed by Selene.

**<u>THIRD PARTY REVIEW REPORTING DELIVERED</u>**

Selene furnished the following reports on this transaction:

1. Selene
Due Diligence Narrative Report

2. ASF
Report

3. Grading
Summary

4. Exception
Detail

5. Tape
Discrepancies

6. Valuations
Report

7. Supplemental
Data

8. Third
Party (TPR) Attestation Form

9. Attestation
Form 15E

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COLT 2025-11 Executive Summary (Selene Diligence LLC)

**APPENDIX A – CREDIT REVIEW SCOPE**

Selene reviewed the origination documentation contained in the mortgage loan file to determine conformity to the stated underwriting or credit extension guidelines, standards, criteria or other requirements that are provided to Selene and/or as directed by Client. When applicable, a review of the mortgage loan file to the Automated Underwriting System output within the file was also performed.

**Credit Application**

For the Credit Application, Selene verified whether:

&nbsp;&nbsp;&nbsp;&nbsp;1. The
 application is signed by all listed borrowers;

&nbsp;&nbsp;&nbsp;&nbsp;2. The
 application is substantially filled out; and

&nbsp;&nbsp;&nbsp;&nbsp;3. All
 known borrower-owned properties are disclosed on the Real Estate Owned section.

**Credit Report**

Selene verified:

&nbsp;&nbsp;&nbsp;&nbsp;1. A
 credit report and/or other credit history documentation is present for each borrower;

&nbsp;&nbsp;&nbsp;&nbsp;2. Capture
 the monthly consumer debt payments for use in the debt to income and/or residual income
 calculation, as applicable;

&nbsp;&nbsp;&nbsp;&nbsp;3. Note
 the Real Estate Owned and fraud alerts; and

&nbsp;&nbsp;&nbsp;&nbsp;4. Gather
 data required for ASF Report submission which may include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) Most
 recent FICO Score (scores from Equifax, Experian, and Transunion if available)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) Most
 recent FICO date

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) Longest
 Trade Line

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) Maximum
 Trade Line

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e) Number
 of trade lines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f) Credit
 Usage Ratio

**Employment and Income**

Selene determined whether all applicable supporting documentation as required by the guidelines is in the file and note indications of potentially fraudulent documents. The documentation was also be used to verify whether the income used to qualify the loan was calculated in accordance with applicable guidelines. Documentation verifying employment and income may include:

&nbsp;&nbsp;&nbsp;&nbsp;1. Verbal
 or Written VOE's

&nbsp;&nbsp;&nbsp;&nbsp;2. Pay
 stubs

&nbsp;&nbsp;&nbsp;&nbsp;3. W-2
 forms

&nbsp;&nbsp;&nbsp;&nbsp;4. Tax
 returns

&nbsp;&nbsp;&nbsp;&nbsp;5. Financial
 statements

&nbsp;&nbsp;&nbsp;&nbsp;6. Award
 letters

&nbsp;&nbsp;&nbsp;&nbsp;7. Bank
 statements

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COLT 2025-11 Executive Summary (Selene Diligence LLC)

**Asset Review**

Selene assessed whether the asset documentation required by the guidelines is present in the file. In addition, a review of the reserve calculation was performed. Documentation verifying assets for down payment, closing costs, prepaid items and reserves may include:

&nbsp;&nbsp;&nbsp;&nbsp;1. VOD's

&nbsp;&nbsp;&nbsp;&nbsp;2. Depository
 account statements

&nbsp;&nbsp;&nbsp;&nbsp;3. Stock
 or security account statements

&nbsp;&nbsp;&nbsp;&nbsp;4. Gift
 funds

&nbsp;&nbsp;&nbsp;&nbsp;5. Settlement
 statement or other evidence of conveyance and transfer of funds if a sale of assets was
 involved

**Hazard/Flood insurance** 

A review of the insurance present on the loan was also be performed:

&nbsp;&nbsp;&nbsp;&nbsp;1. Verify
 that the hazard insurance meets the minimum required amount of coverage in the guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;2. For
 condominium properties, confirm that the blanket policy meets the minimum amount of coverage;

&nbsp;&nbsp;&nbsp;&nbsp;3. Confirm
 that the flood cert is for the correct borrower, property, lender and loan number and
 is a "Life of Loan" certification;

&nbsp;&nbsp;&nbsp;&nbsp;4. For
 properties is in a flood zone per the flood cert, confirm that flood insurance in the
 file meets the minimum required amount of coverage and meets guideline requirements;

&nbsp;&nbsp;&nbsp;&nbsp;5. Confirm
 that the mortgagee clause lists the lender's name and "its successors and
 assigns"; and

&nbsp;&nbsp;&nbsp;&nbsp;6. Confirm
 that the premium amount on both the hazard and flood insurance match what was used in
 the DTI calculations.

**Title**

Verified whether the appropriate vestee is on the title document: if a purchase, the seller; if a refinance, the borrower and review the Title Commitment for the disclosure issues.

**Fraud**

To the extent potentially fraudulent activity is identified as part of the document review, such information was reported to Client. In addition, when required, Selene looked for an independent, third party fraud report in each file and will review the results of the fraud report in conjunction with source documents found in the file to assess the likelihood of any misrepresentations associated with the origination of the loan. If the loan does not contain a fraud report and the counterparty cannot produce one, Selene conditioned the loan for the missing product.

On this Fraud report Selene:

&nbsp;&nbsp;&nbsp;&nbsp;1. Reviewed
 for any name variations for the borrowers and confirm that the variations have been addressed
 in the loan file;

&nbsp;&nbsp;&nbsp;&nbsp;2. Reviewed
 for any social security number variations for the borrowers and confirm that the variations
 have been addressed in the loan file;

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COLT 2025-11 Executive Summary (Selene Diligence LLC)

&nbsp;&nbsp;&nbsp;&nbsp;3. Reviewed
 for any potential occupancy issues based on the borrowers' address history and
 confirm that any issues have been addressed in the loan file;

&nbsp;&nbsp;&nbsp;&nbsp;4. Reviewed
 for any employment issues and confirm that any issues have been addressed in the loan
 file;

&nbsp;&nbsp;&nbsp;&nbsp;5. Reviewed
 for any additional consumers associated with the borrowers' profiles and confirm
 the materiality and material issues have been addressed in the loan file; and

&nbsp;&nbsp;&nbsp;&nbsp;6. Addressed
 all red flag issues.

**Additional Review**

Selene's review procedures also included:

&nbsp;&nbsp;&nbsp;&nbsp;1. A
 review of the completeness and accuracy of the information obtained in the mortgage origination
 process;

&nbsp;&nbsp;&nbsp;&nbsp;2. A
 review of closing documents to ensure that the mortgage file information is complete,
 accurate, and consistent with other documents in the mortgage file;

&nbsp;&nbsp;&nbsp;&nbsp;3. Selene
 will review the mortgage file documents to determine that the mortgage was properly underwritten;

&nbsp;&nbsp;&nbsp;&nbsp;4. Verification
 that the DTI, LTV, asset reserves, property type, transaction type (maximum loan amount,
 loan purpose, occupancy, etc.), and FICO scores meet or exceed the guideline requirements;

&nbsp;&nbsp;&nbsp;&nbsp;5. Verification
 that all borrowers are eligible based on the guidelines and information in the loan file;
 and

&nbsp;&nbsp;&nbsp;&nbsp;6. Verify
 there is appropriate documentation present to confirm that applicable documents have
 been recorded or have been sent for recording.

Page **9** of **15**

COLT 2025-11 Executive Summary (Selene Diligence LLC)

**APPENDIX B – COMPLIANCE REVIEW SCOPE**

Selene reviewed the Non-QM loans to determine, as applicable, to the extent possible and/or applicable and subject to the caveats below, whether the loan complies with:

**1.** **Federal Truth in Lending Act ("TILA"), as implemented by Regulation Z, 12 C.F.R. Part 1026, as set forth below:** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) <u>Rescission (§1026.23):</u> 

i) failure to provide the right of rescission notice;

ii) failure to provide the right of rescission notice in a timely manner and to the correct consumer(s);

iii) errors in the right of rescission notice;

iv) failure to provide the correct form of right of rescission notice;

v) failure to provide the three (3) business day rescission period;

vi) any material disclosure violation on a rescindable mortgage loan that gives rise to the right of rescission under TILA, which means the required disclosures of the annual percentage rate, the finance charge, the amount financed, the total of payments, the payment schedule, the HOEPA disclosures, or those related to prepayment penalties on covered transactions; and

vii) with respect to applicable exception remediation measures, confirm that a letter of explanation, a refund if applicable, new corrected material disclosures and a new notice of right to cancel was provided.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) <u>TIL Disclosure (§§1026.17, 18 and 19) *as applicable for loans with application dates prior to October 3, 2015:*</u> 

i) review and comparison of the initial and final TIL disclosures, and any re-disclosed TIL(s);

ii) proper execution by all required parties;

iii) principal and interest calculations, and proper completion of the interest rate and payment summary; and

iv) timing of initial and re-disclosed TIL(s).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) <u>Tolerances (§§1026.18, 22 and 23):</u> 

i) inaccurate Annual Percentage Rate (APR) outside of applicable tolerance by comparing disclosed APR to re-calculated APR; and

ii) inaccurate Finance Charge outside of applicable tolerance by comparing disclosed Finance Charge to re-calculated Finance Charge.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) <u>High-cost Mortgage (§§1026.31, 32 and 33):</u> 

i) points and fees threshold test;

ii) APR threshold test;

iii) prepayment penalty test; and

iv) compliance with the disclosure requirements, limitation on terms and prohibited acts or practices in connection with a high-cost mortgage.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e) <u>Higher-priced Mortgage Loan (§1026.35):</u> 

i) APR threshold test; and <br> ii) compliance with the escrow account and appraisal requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f) <u>With respect to brokered mortgage loans, the Prohibitions and Restrictions related to Loan Originator Compensation and Steering (§1026.36):</u> 

i) review relevant documentation to determine if compensation to a Loan Originator was based on a term of the transaction; <br> ii) review relevant document to determine if there was dual compensation; and

Page **10** of **15**

COLT 2025-11 Executive Summary (Selene Diligence LLC)

iii) review the presence of the mortgage loan option disclosure and to determine if the Steering Safe Harbor provisions were satisfied.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g) <u>Homeownership counseling (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) determine
 if the creditor obtained proof of homeownership counseling in connection with a mortgage loan to a first-time homebuyer that
 contains a negative amortization feature.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h) <u>Prohibition on Financing Credit Insurance (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) determine
 if the creditor financed, directly or indirectly, any premiums or fees for credit insurance.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) <u>Nationwide Mortgage Licensing System (NMLS) & Registry ID on Loan Documents (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j) review
 for presence of mortgage loan originator organization and individual mortgage loan originator name and NMLSR ID, as applicable,
 on the credit application, note or mortgage loan contract, security instrument, Loan Estimate and Closing Disclosure;
 and (ii) verify the data against the NMLSR database, as available.

**2.** **Sections 1098 and 1100A of Dodd-Frank amending TILA and RESPA, as implemented by Regulation Z, 12 C.F.R. Part 1026, as set forth below (applicable only for mortgage loans with application dates on or after October 3, 2015):** 

&nbsp;&nbsp;&nbsp;&nbsp;a) <u>Loan Estimate (LE) (§§1026.19 and 37):</u> 

i) confirm the presence of LE for applications on or after October 3, 2015;

ii) confirm the initial LE date indicates it was delivered or placed in the mail within three (3) business days of application;

iii) confirm that certain sections of each LE determined to carry assignee liability were completed and that information was reflected in the appropriate locations, which was based solely on the information disclosed on the LE;

iv) confirm the initial LE was delivered or placed in the mail not later than seven (7) business days prior to consummation of the transaction, or such period was waived due to a bona fide financial emergency;

v) confirm that each revised LE is accompanied by valid written documentation explaining the reason for re-disclosure to allow for fee increases based on a valid change of circumstance and was timely provided within 3 business days of issuance;

vi) confirm borrower received LE not later than four (4) business days prior to consummation; and

vii) confirm LE was not provided to the borrower on or after the date of the CD.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) <u>Closing Disclosure (CD) (§§1026.19 and 38):</u> 

i) confirm the presence of CD for applications on or after October 3, 2015;

ii) confirm the borrower received CD at least three (3) business days prior to consummation, or that such period was waived due to a bona fide financial emergency;

iii) confirm that certain sections of each CD determined to carry assignee liability were accurately completed and that information was reflected in the appropriate locations, which, in certain instances, was based solely on the information disclosed on the CD;

iv) confirm that a revised CD was received in a timely manner if the initial or any revised CD became inaccurate;

v) identify tolerance violations based on the charges disclosed on the initial and interim LE's, initial CD, and reflected on the final CD; and

vi) with respect to tolerance violations based on the disclosed charges on the LE and CD and other applicable exceptions, confirm that the creditor cured or remediated the violations in accordance with the Structured Finance Association TRID 4.0, as may be updated from time to time.

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COLT 2025-11 Executive Summary (Selene Diligence LLC)

**3.** **Sections 1411 and 1412 of the Dodd-Frank Wall Street Reform and Consumer Protection Act amending TILA, as implemented by Regulation Z, 12 C.F.R. 1026.43, as set forth below:** 

&nbsp;&nbsp;&nbsp;&nbsp;a) the
 general Ability to Repay ("ATR") underwriting standards (12 C.F.R. 1026.43(c));

&nbsp;&nbsp;&nbsp;&nbsp;b) refinancing
 of non-standard mortgages (12 C.F.R. 1026.43(d)); and

&nbsp;&nbsp;&nbsp;&nbsp;c) Balloon-payment
 qualified mortgages made by certain creditors (12 C.F.R. 1026.43(f)).

**<u>General Ability to Repay</u>**

Selene reviews the mortgage loan to determine whether, based on available information in the mortgage loan file, the creditor considered, as applicable, the following eight underwriting factors, and verified such information using reasonably reliable third-party records, at or before consummation: (i) the consumer's current or reasonably expected income or assets, (ii) if the creditor relied on income from the consumer's employment in determining repayment ability (the consumer's current employment status); (iii) the consumer's monthly payment; (iv) the consumer's monthly payment on any simultaneous loan that the creditor knows or has reason to know will be made; (v) the consumer's monthly payment for mortgage-related obligations; (vi) the consumer's current debt obligations, alimony, and child support; (vii) the consumer's monthly debt-to-income ratio or residual income; and (viii) the consumer's credit history. This portion of the Review also focuses on full recalculation of income and debts, as well as the documentation provided to support each item used in originator's determination of the ability to repay.

Selene reviews mortgage loans to determine their conformity with the ATR/QM factors above, and is not rendering an independent assessment or opinion, warranting or representing that a mortgage loan will be deemed to conform to Safe Harbor, Rebuttable Presumption, ATR or other status based on any additional or revised factors that may be considered by legislative, regulatory, administrative or judicial authorities ("Authorities"). Selene does not represent or warrant that the factors for which it is reviewing the mortgage loans constitute all of the factors and/or criteria that Authorities may consider in determining the status of a mortgage loan. Selene's review is based on information contained in the mortgage loan file at the time it is provided to Selene to review, and only reflects information as of that point in time.

**4.** **The disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas Constitution.** 

**5.** **Federal and state specific high-cost provisions, as further enumerated in Schedule 1, attached hereto.** 

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COLT 2025-11 Executive Summary (Selene Diligence LLC)

**SCHEDULE I**

&nbsp;&nbsp;&nbsp;&nbsp;1. AL
 Consumer Credit License- Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;2. AK
 Small Loan Act-Mortgage Broker/Lender License-Mortgage Lending Regulation License Registered Depository Institution
 Registration

&nbsp;&nbsp;&nbsp;&nbsp;3. AR
 Home Loan Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;4. AZ
 Mortgage Banker & Broker License-Consumer Lender License

&nbsp;&nbsp;&nbsp;&nbsp;5. CA
 AB 489/344 (Division 1.6 of the Financial Code)

&nbsp;&nbsp;&nbsp;&nbsp;6. CO
 Consumer Equity Protection Article

&nbsp;&nbsp;&nbsp;&nbsp;7. CO
 Consumer Credit Code

&nbsp;&nbsp;&nbsp;&nbsp;8. DE
 Licensed Lender License Broker License Lender License

&nbsp;&nbsp;&nbsp;&nbsp;9. Washington,
 DC Home Loan Protection Act of 2002

&nbsp;&nbsp;&nbsp;&nbsp;10. Washington,
 DC Mortgage Disclosure Act of 2007

&nbsp;&nbsp;&nbsp;&nbsp;11. FL
 Fair Lending Act

&nbsp;&nbsp;&nbsp;&nbsp;12. GA
 Fair Lending Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;13. HW
 Financial Services Loan Company License -Mortgage Broker and Solicitor License- Foreign
 Lender License - Mortgage Loan Originator Company License

&nbsp;&nbsp;&nbsp;&nbsp;14. ID
 Residential Mortgage Practices Act - (Home Loan Practices article)

&nbsp;&nbsp;&nbsp;&nbsp;15. IN
 Home Loan Practices Article

&nbsp;&nbsp;&nbsp;&nbsp;16. IA
 Mortgage Banker License Regulated Loan License - Industrial Loan License - Mortgage Banker
 Registrant- Mortgage Broker License- Master Loan Company Registration Nonprofit Mortgage Banker Registrant

&nbsp;&nbsp;&nbsp;&nbsp;17. KS
 Consumer Credit Code - Kansas Supervised Lenders License- - Consumer credit code 16-207

&nbsp;&nbsp;&nbsp;&nbsp;18. LA
 Residential Mortgage Lending License - Consumer Loan License- Licensed Lender License

&nbsp;&nbsp;&nbsp;&nbsp;19. MA
 Mortgage Lender and Broker Regulations

&nbsp;&nbsp;&nbsp;&nbsp;20. MD
 Commercial Law amended by Maryland Senate Bill 270

&nbsp;&nbsp;&nbsp;&nbsp;21. Maryland
 Regulations under the Maryland Mortgage Lender Law HB 649 - 363amendments, and COMAR

&nbsp;&nbsp;&nbsp;&nbsp;22. MI
 Consumer Mortgage Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;23. MN
 Mortgage Originator and Servicer Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;24. MS
 Residential Mortgage Company License - Mortgage Lender License - Mortgage Broker Licen

&nbsp;&nbsp;&nbsp;&nbsp;25. MO
 Mortgage Company License

&nbsp;&nbsp;&nbsp;&nbsp;26. MT -
 Consumer Loan License - Residential Mortgage Lender License-Mortgage Broker License Mortgage Lender License

&nbsp;&nbsp;&nbsp;&nbsp;27. NC
 Rate Spread Home Loan Provisions (original 2008 provisions and 2009, 2013 amendments)

&nbsp;&nbsp;&nbsp;&nbsp;28. ND
 Money Broker License

&nbsp;&nbsp;&nbsp;&nbsp;29. NE
 Mortgage Bankers Registration and Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;30. NH
 First Mortgage Banker License – Second Mortgage Home Loan – Mortgage Banker
 License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;31. NJ
 Home Ownership Security Act 2002 (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;32. NM
 Home Loan Protection Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;33. OH
 Consumer Sales Practices Act

&nbsp;&nbsp;&nbsp;&nbsp;34. Cleveland
 Heights, OH Ordinance Prohibiting Predatory Loans

&nbsp;&nbsp;&nbsp;&nbsp;35. Summit
 County, OH Consumer Affairs Board Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;36. Summit
 County, OH Consumer Protection Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;37. OK
 Home Ownership and Equity Protection Act (original provisions & 2009 higher-priced
 amendments)

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COLT 2025-11 Executive Summary (Selene Diligence LLC)

&nbsp;&nbsp;&nbsp;&nbsp;38. OR
 Consumer Finance License – Consumer Finance Registration – Mortgage Lender
 License

&nbsp;&nbsp;&nbsp;&nbsp;39. PA
 Consumer Equity Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;40. RI
 Home Loan Protection Act and Regulation 3

&nbsp;&nbsp;&nbsp;&nbsp;41. SD
 Mortgage Lender License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;42. TN
 Home Loan Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;43. UT
 Residential Mortgage Practices and Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;44. VA
 Mortgage Lender and Broker Act

&nbsp;&nbsp;&nbsp;&nbsp;45. WA
 House Bill 2770, Mortgage Lending and Homeownership, Chapter 108, Laws of 2008 –
 Consumer Loan Company License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;46. WV
 Residential Mortgage Lender, Broker and Servicer Act

&nbsp;&nbsp;&nbsp;&nbsp;47. WY
 Consumer Credit Code – Registered Consumer Loan Lender – Mortgage Lender
 Broker License

<u>The following state **specific** regulations which address high cost, higher priced and anti-predatory lending.</u>

&nbsp;&nbsp;&nbsp;&nbsp;1. CA
 AB 260 (Division 1.9 of the Financial Code) higher-priced mortgage loan provisions -
 Anti-Predatory Lending Statute - Amendment

&nbsp;&nbsp;&nbsp;&nbsp;2. CT
 Abusive Home Lending Practices Act

&nbsp;&nbsp;&nbsp;&nbsp;3. CT
 Nonprime Home Loans Statute

&nbsp;&nbsp;&nbsp;&nbsp;4. IL
 Office of Banks and Real Estate High Risk Home Loan Regulations

&nbsp;&nbsp;&nbsp;&nbsp;5. IL
 High Risk Home Loan ActL Predatory Lending Database Program

&nbsp;&nbsp;&nbsp;&nbsp;6. Chicago,
 IL Predatory Lending Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;7. Cook
 County, IL Predatory Lending Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;8. KY
 Predatory Lending and High Cost Home Loan Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;9. ME
 Title 9-A Residential Mortgage Loan, High-Rate, High-Fee Provisions, High Cost, Subprime,
 Rate Spread Home Loan, and Higher-Priced Mortgage Loan Provisions (original 2003 provisions
 and 2008, 2009, 2011 & 2013 amendments)

&nbsp;&nbsp;&nbsp;&nbsp;10. MA
 High Cost Home Loan Regulations (pre- and post-amendments) - MA Predatory Home Loan Practices
 Act - MA 209 CMR 32.35 Higher-Priced Mortgage Loan Provisions - MA "Borrower's
 Interest" Standard

&nbsp;&nbsp;&nbsp;&nbsp;11. Maryland
 Regulations for Higher Priced Mortgage Loans, as promulgated under the Maryland Mortgage
 Lender Law

&nbsp;&nbsp;&nbsp;&nbsp;12. NC
 Restrictions and Limitations of Home Loans and High-Cost Home Loans

&nbsp;&nbsp;&nbsp;&nbsp;13. NV
 Unfair Lending Practices Act – Anti Predatory Lending Law

&nbsp;&nbsp;&nbsp;&nbsp;14. NY
 GRBB Part 41 (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;15. NY
 Banking Law 6-L

&nbsp;&nbsp;&nbsp;&nbsp;16. NY
 Banking Law 6-M

&nbsp;&nbsp;&nbsp;&nbsp;17. OH
 Anti - Predatory Lending Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;18. Cleveland
 Heights, OH Ordinance Prohibiting Predatory Loans

&nbsp;&nbsp;&nbsp;&nbsp;19. RI
 Providence Ordinance Regarding Predatory Lending (post-amendment)

&nbsp;&nbsp;&nbsp;&nbsp;20. SC
 High-Cost and Consumer Home Loan Act (original provisions & 2010 ARM amendments)

&nbsp;&nbsp;&nbsp;&nbsp;21. TX
 Home Loan and High Cost Home Loan Act

&nbsp;&nbsp;&nbsp;&nbsp;22. UT
 High Cost Home Loan Act

&nbsp;&nbsp;&nbsp;&nbsp;23. VT
 High Rate Loans

&nbsp;&nbsp;&nbsp;&nbsp;24. VI
 VA SB 797 Hight Risk Mortgage – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;25. WI
 Responsible High Cost Mortgage Lending Act

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COLT 2025-11 Executive Summary (Selene Diligence LLC)

**APPENDIX C – VALUATION REVIEW SCOPE**

Selene reviewed the valuation materials utilized during the origination of the loan which confirmed the value of the underlying property. Selene verified the appraisal report was (i) on the appropriate GSE form, (ii) materially complete, (iii) in conformity with the guideline requirements for the property type in question, (iv) completed by an appraiser that was actively licensed to perform the valuation, (v) completed such that the named client on the appraisal report is the lender or a related entity that is permitted to engage the lender per Title XI of FIRREA, (vi) made and signed prior to the final approval of the mortgage loan application, (vii) completed and dated within the guidelines restrictions, (vii) made on an "as is" basis or provides satisfactory evidence of completion of all material conditions including all inspections, licenses, and certificates (including certificates of occupancy) to be made or issued with respect to all occupied portions of the mortgaged property and with respect to the use and occupancy of the same, have been made or obtained from the appropriate authorities; and (viii) noting whether the property zip code was declared a FEMA disaster area after the valuation date and notifying the Client of same.

If more than one valuation is provided for review, Selene confirmed consistency among the valuation products and if there are discrepancies that cannot be resolved, Selene created an exception and worked with the Client on the next steps, which may include ordering of additional valuation products such as collateral desktop analyses, broker's price opinions, and full appraisals. If the property valuation products included in Selene's review results in a variance of more than 10% then the Client shall be notified of such variance and a second independent valuation product shall be ordered. On all loans, Selene makes a determination as to whether appraised value is supported based on documentation available at the time of review and adds exceptions or comments as appropriate.

Selene confirmed consistency among the valuation products and where applicable, if there was a discrepancy in value between two appraisals in the form of a variance greater than 10%, Selene would review the file for a desktop analysts/evaluation of the appraisals and determine which appraised value was used for qualification purposes. If there were discrepancies that could not be resolved, Selene created an exception and worked with the client on the next steps for resolution.

Disclaimer

○ The individuals performing the aforementioned original appraisal assessment are not persons providing valuations for purposes of the Uniform Standards of Professional Appraisal Practice ("USPAP") or necessarily licensed as appraisers under Federal or State law, and the services being performed by such persons do not constitute "appraisal reviews" for purposes of USPAP or Federal or State law.

○ Selene makes no representation or warranty as to the value of any mortgaged property, notwithstanding that Selene may have reviewed valuation information for reasonableness.

○ Selene is not an 'AMC' (appraisal management company) and therefore Selene does not opine on the actual value of the underlying property.

● Selene is not a 'creditor' within the meaning of ECOA or other lending laws and regulations, and therefore Selene will not have any communication with or responsibility to any individual consumer concerning property valuation.

● Selene does not confirm whether the appraiser is on the Freddie Mac exclusionary list.

Page **15** of **15**

COLT 2025-11 Executive Summary (Selene Diligence LLC)

## Exhibit 99.32

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.32**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** |
| **Deal ID** | **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| 4350117765 | XXXX |  |  | XXXX D A |
| 4350117766 | XXXX |  |  | XXXX D A B |
| 4350117767 | XXXX |  |  | XXXX A B |
| 4350117768 | XXXX |  |  | XXXX B A |
| 4350117769 | XXXX |  |  | XXXX B A |
| 4350117770 | XXXX |  |  | XXXX C D A |
| 4350117771 | XXXX |  |  | XXXX A |
| 4350117772 | XXXX |  |  | XXXX D A |
| 4350117773 | XXXX |  |  | XXXX D A |
| 4350117774 | XXXX |  |  | XXXX D A |
| 4350117775 | XXXX |  |  | XXXX D A |
| 4350117776 | XXXX |  |  | XXXX A C |
| 4350117777 | XXXX |  |  | XXXX C A |
| 4350117778 | XXXX |  |  | XXXX D B A |
| 4350117779 | XXXX |  |  | XXXX D C A |
| 4350117780 | XXXX |  |  | XXXX C A |
| 4350117781 | XXXX |  |  | XXXX A |
| 4350117782 | XXXX |  |  | XXXX D A |
| 4350117783 | XXXX |  |  | XXXX D A |
| 4350117784 | XXXX |  |  | XXXX B A |
| 4350117785 | XXXX |  |  | XXXX D A B |
| 4350117786 | XXXX |  |  | XXXX A |
| 4350117787 | XXXX |  |  | XXXX D A B |
| 4350117788 | XXXX |  |  | XXXX D C A |
| 4350117789 | XXXX |  |  | XXXX B A |
| 4350117790 | XXXX |  |  | XXXX C D A B |
| 4350117791 | XXXX |  |  | XXXX D A B |
| 4350117792 | XXXX |  |  | XXXX A |
| 4350117793 | XXXX |  |  | XXXX C A D |
| 4350117794 | XXXX |  |  | XXXX A D |
| 4350117795 | XXXX |  |  | XXXX A |
| 4350117796 | XXXX |  |  | XXXX C B A |
| 4350117797 | XXXX |  |  | XXXX A D |
| 4350117798 | XXXX |  |  | XXXX D A |
| 4350117799 | XXXX |  |  | XXXX B A |
| 4350117800 | XXXX |  |  | XXXX C A B |
| 4350117801 | XXXX |  |  | XXXX A |
| 4350117802 | XXXX |  |  | XXXX D A |
| 4350117803 | XXXX |  |  | XXXX A D |
| 4350117804 | XXXX |  |  | XXXX C A |
| 4350117805 | XXXX |  |  | XXXX D C A |
| 4350117806 | XXXX |  |  | XXXX D B A |
| 4350117807 | XXXX |  |  | XXXX A D |
| 4350117808 | XXXX |  |  | XXXX A |
| 4350117809 | XXXX |  |  | XXXX C D A |
| 4350117810 | XXXX |  |  | XXXX C D A |
| 4350117811 | XXXX |  |  | XXXX A |
| 4350117812 | XXXX |  |  | XXXX C A D |
| 4350117813 | XXXX |  |  | XXXX A |
| 4350117814 | XXXX |  |  | XXXX A |
| 4350117815 | XXXX |  |  | XXXX A |
| 4350117816 | XXXX |  |  | XXXX C A B |
| 4350117817 | XXXX |  |  | XXXX C A |
| 4350117818 | XXXX |  |  | XXXX D C A |
| 4350117819 | XXXX |  |  | XXXX D A |
| 4350117820 | XXXX |  |  | XXXX C A |
| 4350117821 | XXXX |  |  | XXXX D A |
| 4350117822 | XXXX |  |  | XXXX A |
| 4350117823 | XXXX |  |  | XXXX A |
| 4350117824 | XXXX |  |  | XXXX C A |
| 4350117825 | XXXX |  |  | XXXX B A D |
| 4350117826 | XXXX |  |  | XXXX D A |
| 4350117827 | XXXX |  |  | XXXX A |

---

## Exhibit 99.33

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.33**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Seller** | **Deal ID** | **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Created Date** | **Last Modified Date** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Reviewer Comments** | **Seller Comments** | **Finding Resolution** | **Finding Document** | **Reviewer Comp Factors** | **Originator Comp Factors** | **State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Unique Finding ID** | **Acknowledged / Waived By** | **Waiver in File?** |
| XXXX | 4350117765 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Required Document provided, Changes Made in system, Finding Resolved - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Asset Depletion worksheet missing in file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Required Document provided, Changes Made in system, Finding Resolved - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117766 | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Assets | Asset Page Cash Out Does Not Meet Guideline Requirements | Waived-Client elects to waive with the following compensating factors: - Due Diligence Vendor-XXXX <br> Waived-Cash Out Does Not Meet Guideline Requirements Exception provided on page #XXXX made for cash out $XXXX. Although the borrower is looking for a large amount of cash back, the funds are to reimburse himself for a portion of the construction cost he spent improving the home to its current value. - Due Diligence Vendor-XXXX |  | Waived-Client elects to waive with the following compensating factors: - Due Diligence Vendor-XXXX <br>Waived-Cash Out Does Not Meet Guideline Requirements Exception provided on page #533 made for cash out XXXX. Although the borrower is looking for a large amount of cash back, the funds are to reimburse himself for a portion of the construction cost he spent improving the home to its current value. - Due Diligence Vendor-XXXX<br>| XXXX |  | Credit Score is 764. Minimum required per guidelines is 700.<br> LTV is 57%. Maximum allowed per guidelines is 75%.<br> Borrower has worked in same industry more than 5 years | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | 4350117766 | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited Loan Amount is greater than Guideline Maximum Loan Amount | Waived-Client elects to waive with the following compensating factors: - Due Diligence Vendor-XXXX <br> Waived-Exception provided on page #533 made for Loan amount $XXXX. Although the borrower is looking for a large amount of cash back, the funds are to reimburse himself for a portion of the construction cost he spent improving the home to its current value.<br> - Due Diligence Vendor-XXXX |  | Waived-Client elects to waive with the following compensating factors: - Due Diligence Vendor-XXXX <br>Waived-Exception provided on page #533 made for Loan amount XXXX. Although the borrower is looking for a large amount of cash back, the funds are to reimburse himself for a portion of the construction cost he spent improving the home to its current value.<br> - Due Diligence Vendor-XXXX<br>| XXXX |  | Credit Score is 764. Minimum required per guidelines is 700.<br> LTV is 57%. Maximum allowed per guidelines is 75%.<br> Borrower has worked in same industry more than 5 years | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | 4350117766 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received Business Narrative. Resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see the attached. - Seller-XXXX <br>Open-Provide Business Narrative. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see the attached. - Seller-XXXX<br>| Resolved-Received Business Narrative. Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117767 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information B A | Compliance | Missing Doc | Missing Initial Escrow Disclosure | Resolved-Received signed Initial Escrow disclosure. Resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Provide signed Initial Escrow Disclosure. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Received signed Initial Escrow disclosure. Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | 4350117768 | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Loan does not conform to program guidelines Exception on page#340<br> Exception Request for 10th DSCR Loan - Due Diligence Vendor-XXXX |  | Waived-Loan does not conform to program guidelines Exception on page#340<br> Exception Request for 10th DSCR Loan - Due Diligence Vendor-XXXX<br>| XXXX |  | Credit Score is 744. Minimum required per guidelines is 700.<br> Borrower(s) have 107.64 months Reserves. Minimum required per guidelines is 6 months.<br> Borrower Housing History is 0X30, 82 months. Housing History required per guidelines is 0X30, 12 months. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | 4350117769 | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Credit | DSCR Does Not Meet Guideline Requirements | Waived-Exception provided on page #XXXX,Exception requested for 9th DSCR loan. - Due Diligence Vendor-XXXX |  | Waived-Exception provided on page #327,Exception requested for 9th DSCR loan. - Due Diligence Vendor-XXXX<br>| XXXX |  | Credit Score is 744. Minimum required per guidelines is 700.<br> Borrower(s) have 87.11 months Reserves. Minimum required per guidelines is 6 months.<br> Borrower Housing History is 0X30, 12 months. Housing History required per guidelines is 0X30, 12 months. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | 4350117770 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | DTI discrepancy or failure. | Resolved-Clarifying documentation has been provided - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Updated 1003/1008 - Seller-XXXX <br> Counter-The DTI is XXXX as the XXXX are balance monthly and should not be captured into the back end. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. 1003/1008 attached - Seller-XXXX <br> Open-DTI discrepancy on the loan, as per the DTI calculations our calculated DTI is XXXX% but Originator DTI is XXXX%. Variance is XXXX% due to all other monthly payments in 1008 $XXXX6 and our calculated all other monthly payment is $XXXX Variance is $XXXX all other monthly payments updated as per Initial Credit report and Total Monthly Liabilities $XXXX = XXXX%. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Updated 1003/1008 - Seller-XXXX <br>Ready for Review-Document Uploaded. 1003/1008 attached - Seller-XXXX<br>| Resolved-Clarifying documentation has been provided - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117770 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Federal - Corrected Closing Disclosure Prior Disclosed APR and Last CD Not In Person | Resolved-Resolved - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open-The Last Closing Disclosure was provided on (XXXX) via (Other), which is not at least 6 business days before the consummation date of (XXXX). The (0.0) APR disclosed on the Prior Closing Disclosure provided on (XXXX) is inaccurate when compared to the actual APR of (XXXX). Under Regulation Z, if the APR is inaccurate, a consumer must receive corrected Closing Disclosures no later than 3 business days before the consummation date of (XXXX). If a corrected Closing Disclosure is not provided in person, a consumer is deemed to have received it 3 business days after the corrected Closing Disclosure is mailed or delivered, unless there is evidence of earlier receipt by a consumer. XXXX - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX |  | Resolved-Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117770 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Federal - Corrected Closing Disclosure Prior and (Last CD Not In Person)(APR) | Resolved-Resolved - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open-The Last Closing Disclosure was provided on (XXXX) via (Other), which is not at least 6 business days before the consummation date of (XXXX). The (0.0) APR disclosed on the Prior Closing Disclosure provided on (XXXX) is inaccurate when compared to the Last Disclosed Closing Disclosure APR (XXXX). Under Regulation Z, if the APR is inaccurate, a consumer must receive corrected Closing Disclosures no later than 3 business days before the consummation date of (XXXX). If a corrected Closing Disclosure is not provided in person, a consumer is deemed to have received it 3 business days after the corrected Closing Disclosure is mailed or delivered, unless there is evidence of earlier receipt by a consumer. (XXXX) - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX |  | Resolved-Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117770 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Final CD: Closing Cost Detail fee(s) not disclosed in the proper section based on ability to shop | Resolved-New closing disclosure provided and fees updated. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. PCCD - Seller-XXXX <br>Open-Title fees (1. Document copies fee,2. EDOC Fee,3. Endorsement Fee,4. Guaranty Fee,5. Lender's Title Insurance,6. Courier Fee,7. Settlement Closing Fee,8. Wire Fee.) is paid to a provider that's not on providers list, but the fee is still in section B, move the Fee (1. Document copies fee,2. EDOC Fee,3. Endorsement Fee,4. Guaranty Fee,5. Lender's Title Insurance,6. Courier Fee,7. Settlement Closing Fee,8. Wire Fee.)) to section C. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. PCCD - Seller-XXXX<br>| Resolved-New closing disclosure provided and fees updated. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117770 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Mavent | Tolerance: Disclosure | Resolved-Fee updated. - Due Diligence Vendor-XXXX <br>Resolved- - Due Diligence Vendor-XXXX <br>Open-There are (XXXX) of fees paid to the lender disclosed under Loan Estimate Section C "Services You Can Shop For" or Closing Disclosure Section B "Services Borrower Did Shop For". Under Regulation Z, charges included under Section C on the Loan Estimate and Closing Disclosure are charges the consumer will pay for settlement services for which the consumer can shop and did shop that are provided by persons other than the creditor or mortgage broker. (12 CFR 1026.37(f)(3); 12 CFR 1026.38(f)(3)) - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX |  | Resolved-Fee updated. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117770 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Secondary Valuation or Additional Valuation (Freddie SSR) Provided.<br> - Due Diligence Vendor-XXXX <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Freddie SSR - Seller-XXXX <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Per the Guideline version XXXX on page#71, Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 • Secondary Valuation or Additional Valuation for securitization purposes is missing. File needs a FNMA or FHLMC UCDP/SSR report with a score less than 2.5, or the file needs an Appraisal Desk Review.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. XXXX - Seller-XXXX | Resolved-Secondary Valuation or Additional Valuation (XXXX) Provided.<br> - Due Diligence Vendor-XXXX <br> Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-XXXX | XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117772 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Business Narrative received. Resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Provide Business Narrative. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Business Narrative received. Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117773 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received Business Narratives. Resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Provide Business Narrative. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received Business Narratives. Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117773 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-Initial Closing Disclosure document provided.<br> - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-TRID: Missing Closing Disclosure Provide Initial Closing Disclosure. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Initial Closing Disclosure document provided.<br> - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117774 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Hazard Insurance Policy is Missing | Resolved-Requested HOI Policy Provided, Updated & Condition Resolved. - Due Diligence Vendor-XXXX <br> Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br> Open-Missing Hazard Insurance Policy Hazard Insurance Policy for Subject Property "XXXX" is missing from loan file, Provide HOI Policy with the Premium of XXXX & Minimum Coverage of XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Requested HOI Policy Provided, Updated & Condition Resolved. - Due Diligence Vendor-XXXX <br>Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117775 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received Business Narrative. Resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-Provide Business Narrative. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Received Business Narrative. Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117776 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Tolerance Cure XXXX | Resolved-Change of circumstance provided and updated. Discrepancy resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. COC 8/13 - Seller-XXXX <br>Open-A Lender Credit for Excess Charges of (XXXX), Principal Reduction for Excess Charges of (XXXX), and general or specific lender credit increases of (XXXX) were applied to the total fee variance of (XXXX) between the baseline disclosure and the last Closing Disclosure. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. Doc Tax Stamps/Transfer Taxes – City/County are increased from XXXX (LE) to XXXX (final CD). However there is no valid COC or sufficient lender credits to cure the difference. - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. COC XXXX - Seller-XXXX | Resolved-Change of circumstance provided and updated. Discrepancy resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117777 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | DSCR unknown | Resolved-Updated DSCR worksheet provided. DSCR in line with audited amount. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. DSCR Calculator - Seller-XXXX <br> Open-DSCR worksheet is using XXXX for market rents, but 1007 states XXXX a month. DSCR should be XXXX - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. DSCR Calculator - Seller-XXXX<br>| Resolved-Updated DSCR worksheet provided. DSCR in line with audited amount. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117778 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Tolerance Cure XXXX | Resolved-Received COC. Resolved - Due Diligence Vendor-XXXX <br>Resolved-Resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-A Lender Credit for Excess Charges of (XXXX), Principal Reduction for Excess Charges of (XXXX), and general or specific lender credit increases of (XXXX) were applied to the total fee variance of (XXXX) between the baseline disclosure and the last Closing Disclosure. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. Provide COC for decrease in lender credit. Initial CD has lender credit of XXXX. Final CD has 0. - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Received COC. Resolved - Due Diligence Vendor-XXXX <br>Resolved-Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117778 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Rate lock received. Resolved - Due Diligence Vendor-XXXX <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached. - Seller-XXXX <br>Open-Evidence of Rate Lock Missing Provide Rate Lock Agreement. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached. - Seller-XXXX<br>| Resolved-Rate lock received. Resolved - Due Diligence Vendor-XXXX <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117778 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received Business Narrative. Resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-Provide Business Narrative. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Received Business Narrative. Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117778 | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Property | Appraisal | Property/Appraisal General | Waived-Exception on page#XXXX.<br> Private road maintenance agreement cannot be provided for this property, easement is recorded. - Due Diligence Vendor-XXXX |  | Waived-Exception on page#308.<br> Private road maintenance agreement cannot be provided for this property, easement is recorded. - Due Diligence Vendor-XXXX<br>| XXXX |  | DTI is 12.94%. Maximum allowed per guidelines is 50%.<br> Credit Score is 758. Minimum required per guidelines is 700.<br> Borrower has worked in same industry more than 5 years | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | 4350117779 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Tolerance Cure XXXX | Resolved-Received COC to cure tolerance. Resolved - Due Diligence Vendor-XXXX <br>Resolved-Resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. see attached - Seller-XXXX <br>Open-A Lender Credit for Excess Charges of (XXXX), Principal Reduction for Excess Charges of (XXXX), and general or specific lender credit increases of (XXXX) were applied to the total fee variance of (XXXX) between the baseline disclosure and the last Closing Disclosure. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. Provide Change of Circumstance COC for credit report fee increase for XXXX. - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. see attached - Seller-XXXX<br>| Resolved-Received COC to cure tolerance. Resolved - Due Diligence Vendor-XXXX <br>Resolved-Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | 4350117779 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received Business Narrative. Resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-Provide Business Narrative. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Received Business Narrative. Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | 4350117779 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Requested 3rd Party VOE that is within the 10 Business days from closing provided, updated & Condition Resolved. - Due Diligence Vendor-XXXX <br>Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-Borrower 1 3rd Party VOE Prior to Close Missing Provide VOE prior to closing. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Requested 3rd Party VOE that is within the 10 Business days from closing provided, updated & Condition Resolved. - Due Diligence Vendor-XXXX <br>Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | 4350117780 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Federal - Closing Disclosure and Consummation Date | Resolved- - Due Diligence Vendor-XXXX <br> Resolved- - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Initial CD 8/13 - Seller-XXXX <br> Open-The Initial Closing Disclosure Received Date of (XXXX) is not three business days before the consummation date of (XXXX). Three business days before the consummation date is (XXXX). Under Regulation Z, a consumer must receive the Initial Closing Disclosure reflecting the actual terms of the transaction no later than three business days before consummation. (XXXX) There are only 2 CDs on file - one is manually signed on note date of XXXX which is considered as final CD and the other is issued on XXXX which is considered as initial CD. (Other CDs on file are duplicate of these 2 CDs). - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Initial CD 8/13 - Seller-XXXX<br>| Resolved- - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117780 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXXX <br> Open-Fraud Report Shows Uncleared Alerts Per the GL XXXX page # 26 a clear fraud report is required. The fraud report in file (page # XXXX) is showing 1 high uncleared alert. The required cleared report is missing. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXXX<br>| Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117780 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Title Policy - Seller-XXXX <br> Open-Title Coverage Amount of XXXX is Less than Loan Amount Coverage is at XXXX and needs to be at XXXX - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Title Policy - Seller-XXXX<br>| Resolved-Title Coverage Amount of XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-XXXX | XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117780 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | TRID Tolerance | Insufficient Change of Circumstance XXXX | Resolved-Resolved - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX |  | Resolved-Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117782 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Insurance | HO-6 Insurance Policy is only Partially Present | Resolved-Requested updated HO6 Policy Provided with correct Effective & Expiry dates, updated & Condition Resolved.<br> - Due Diligence Vendor-XXXX <br>Resolved-HO-6 Insurance Policy is fully present - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-HO-6 Insurance Policy is only Partially Present Provide H06 policy with the correct expiration date. Both the effective and expiration date shows XXXX. Also provide an updated Windstorm insurance policy as both the effective date and expiration dates show XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Requested updated HO6 Policy Provided with correct Effective & Expiry dates, updated & Condition Resolved.<br> - Due Diligence Vendor-XXXX <br>Resolved-HO-6 Insurance Policy is fully present - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117782 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of XXXX750 is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. see attached - Seller-XXXX <br>Open-Title Coverage Amount of XXXX is Less than Loan Amount Provide Coverage Amount on Title. Current loan amount is XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. see attached - Seller-XXXX<br>| Resolved-Title Coverage Amount of XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-XXXX | XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117782 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received Business Narrative. Resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Provide Business Narrative for Borrower 2 and Borrower 3. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Received Business Narrative. Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117783 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | DSCR unknown | Resolved-Updated DFL page DSCR is now in line received worksheet with correct PITA - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. DSCR - Seller-XXXX <br>Open-Will need updated DSCR worksheet with the correct PITA and DSCR calculation. One in file is using the wrong PITA. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. DSCR - Seller-XXXX<br>| Resolved-Updated DFL page DSCR is now in line received worksheet with correct PITA - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117783 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Fraud Report Alerts have been cleared, verified & entered in system - Resolved. - Due Diligence Vendor-XXXX <br> Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXXX <br> Open-Fraud Report Shows Uncleared Alerts As per Kind DSCR guideline version XXXX page XXXX, need to clear all alerts on fraud report but fraud report shows one uncleared alert on high category.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXXX<br>| Resolved-Fraud Report Alerts have been cleared, verified & entered in system - Resolved. - Due Diligence Vendor-XXXX <br>Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117783 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Doc Issue | HOA Fee Difference | Resolved-Updated 1008 provided with correct HOA amount that matches with appraisal doc. Resolved<br> - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Updated 1008 - Seller-XXXX <br>Open-HOA Fee difference exsits between validated HOA and documents HOA amount is mismatching between Appraisal (Monthly HOA amount XXXX) and 1003 (Monthly HOA XXXX), Required HOA certificate. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Updated 1008 - Seller-XXXX<br>| Resolved-Updated 1008 provided with correct HOA amount that matches with appraisal doc. Resolved<br> - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117783 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-Updated 1008 provided. Resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Updated 1008 - Seller-XXXX <br>Open-The 1008 document is missing from the loan file. Provided 1008 loan amount, P&I amount not matching with note and it's impact to LTV.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Updated 1008 - Seller-XXXX<br>| Resolved-Updated 1008 provided. Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117784 | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of XXXX% exceeds Guideline LTV of XXXX% Exception Approval provided on p348. For DSCR refinance cash out, max LTV is XXXX%; however audited LTV is XXXX%. Exception to do a cash out loan at XXXX% LTV provided. Appraisal came in lower than expected and borrower is wanting to get reimbursed for some of their own funds they put into the rehab of the property. - Due Diligence Vendor-XXXX |  | Waived-Audited LTV of 80% exceeds Guideline LTV of 75% Exception Approval provided on p348. For DSCR refinance cash out, max LTV is 75%; however audited LTV is 80%. Exception to do a cash out loan at 80% LTV provided. Appraisal came in lower than expected and borrower is wanting to get reimbursed for some of their own funds they put into the rehab of the property. - Due Diligence Vendor-XXXX<br>| XXXX |  | Credit Score is 759. Minimum required per guidelines is 700.<br> Borrower Housing History is 0X30, 24 months. Housing History required per guidelines is 0X30, 12 months.<br> DSCR is 1.19. Minimum required per guidelines is 0.75. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | 4350117785 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Asset Depletion income calculator provided. - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Provide Asset Depletion income calculator. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Asset Depletion income calculator provided. - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117785 | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Income/Employment | Income/Employment General | Waived-Exception in file pXXXX: Exception to use supplemental asset depletion which is less than 25% of total monthly income. Asset depletion income is XXXX = XXXX% of total monthly income. Borrower's primary income is from Social Security & Pension. - Due Diligence Vendor-XXXX |  | Waived-Exception in file p332: Exception to use supplemental asset depletion which is less than 25% of total monthly income. Asset depletion income is XXXX = 14% of total monthly income. Borrower's primary income is from Social Security & Pension. - Due Diligence Vendor-XXXX<br>| XXXX |  | Credit Score is 822. Minimum required per guidelines is 740.<br> Borrower(s) have 31.07 months Reserves. Minimum required per guidelines is 6 months.<br> Borrower has minimal tradelines with exceptional reporting history with oldest tradeline reporting since XXXX. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | 4350117787 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received Business Narrative. Resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-Provide Business Narrative. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Received Business Narrative. Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | 4350117787 | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of XXXX% exceeds Guideline LTV of XXXX% Exception Approval provided pXXXX. The maximum LTV for Alt Doc – Rate/Term Refinance on Non-Owner Occupied transactions is XXXX%. However, the audited LTV is XXXX%. Exception approved to allow XXXX% LTV for a Rate/Term Refinance. Loan is not a Full Doc and has a credit score below XXXX. - Due Diligence Vendor-XXXX |  | Waived-Audited LTV of 85% exceeds Guideline LTV of 80% Exception Approval provided p351. The maximum LTV for Alt Doc – Rate/Term Refinance on Non-Owner Occupied transactions is 80%. However, the audited LTV is 85%. Exception approved to allow 85% LTV for a Rate/Term Refinance. Loan is not a Full Doc and has a credit score below 740. - Due Diligence Vendor-XXXX<br>| XXXX |  | Borrower(s) have 18.7 months Reserves. Minimum required per guidelines is 6 months.<br> Borrower Housing History is 0X30, 12 months. Housing History required per guidelines is 0X30, 12 months.<br> Borrower has worked in same job more than 6 years. | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | Yes |
| XXXX | 4350117788 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-Housing History XXXX months as documented in bank statements. DTI under max - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Housing History - Seller-XXXX <br> Open-Housing History Does Not Meet Guideline Requirements Provide 12 months housing history. 12 Months housing history missing in file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Housing History - Seller-XXXX<br>| Resolved-Housing History 12 months as documented in bank statements. DTI under max - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117788 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Personal Bank Statements Missing | Resolved-Borrower 1 Personal Bank Statements account#XXXX for October, XXXX XXXX provided. - Due Diligence Vendor-XXXX <br> Resolved-Borrower 1 Personal Bank Statements Provided - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Bank Statements<br> - Seller-XXXX <br> Open-Borrower 1 Personal Bank Statements Missing Missing Borrower personal bank statement qualifying for Income. Acct #XXXX bank statement missing for the month of XXXX. Income qualifying with XXXX months bank statement program, only XXXX months bank statement in file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Bank Statements<br> - Seller-XXXX<br>| Resolved-Borrower 1 Personal Bank Statements account#XXXX for XXXX provided. - Due Diligence Vendor-XXXX <br> Resolved-Borrower 1 Personal Bank Statements Provided - Due Diligence Vendor-XXXX | XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117788 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-Updated 1008 document with corrected DTI provided. - Due Diligence Vendor-XXXX <br> Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Updated 1008 - Seller-XXXX <br> Open-The 1008 document is missing from the loan file. Provide 1008 with correct DTI. 1008 DTI XXXX% not matching with calculated DTI XXXX%, Total expenses XXXX/XXXXXXXX% DTI. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Updated 1008 - Seller-XXXX<br>| Resolved-Updated 1008 document with corrected DTI provided. - Due Diligence Vendor-XXXX <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117788 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Property | Value | Secondary Valuation or Additional Valuation has not been entered per securitization requirements | Resolved-Second value Missing in file, provided XXXX, changes made in system, Finding Resolved - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. XXXX - Seller-XXXX <br> Open-Provide Secondary Valuation or Additional Valuation has per securitization requirements. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. XXXX - Seller-XXXX | Resolved-Second value Missing in file, provided XXXX, changes made in system, Finding Resolved - Due Diligence Vendor-XXXX | XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117788 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg XXXX and the Final Closing disclosure on Pg XXXX, Finding reflects escrows. Rate lock date was entered correctly – see Pg XXXX. An interior and exterior appraisal was completed for this property – see pg XXXX, the appraisal disclosure was provided to the borrower(s)- see Pg XXXX, and confirmation the appraisal was delivered to the borrower – see Pg XXXX, XXXX. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-XXXX <br> Open-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(12 CFR 1026.35(a)(1)(i)) - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg XXXX and the Final Closing disclosure on Pg XXXX, Finding reflects escrows. Rate lock date was entered correctly – see Pg XXXX. An interior and exterior appraisal was completed for this property – see pg XXXX, the appraisal disclosure was provided to the borrower(s)- see Pg 261, and confirmation the appraisal was delivered to the borrower – see Pg XXXX. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX |  | Resolved-TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg 537 and the Final Closing disclosure on Pg 303, Finding reflects escrows. Rate lock date was entered correctly – see Pg 562. An interior and exterior appraisal was completed for this property – see pg 43, the appraisal disclosure was provided to the borrower(s)- see Pg 261, and confirmation the appraisal was delivered to the borrower – see Pg 262, 363. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117789 | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of XXXX% exceeds Guideline LTV of XXXX% Exception Approval on page 342 <br> Exception Reason:<br> Prime Non-Agency Alt Doc loan with XXXX% LTV and a credit score below XXXX. (\*\*Max LTV was reduced by XXXX% from the exception approval of XXXX% due to subject in declining market - LTV max XXXX%\*\*)<br> Alt Doc – Purchase Primary transactions with an LTV of XXXX% require a minimum FICO score of XXXX; however, the audited FICO score is XXXX. - Due Diligence Vendor-XXXX |  | Waived-Audited LTV of 85% exceeds Guideline LTV of 80% Exception Approval on page 342 <br> Exception Reason:<br> Prime Non-Agency Alt Doc loan with 90% LTV and a credit score below XXXX. (\*\*Max LTV was reduced by 5% from the exception approval of 90% due to subject in declining market - LTV max 85%\*\*)<br> Alt Doc – Purchase Primary transactions with an LTV of 85% require a minimum FICO score of XXXX; however, the audited FICO score is XXXX. - Due Diligence Vendor-XXXX | XXXX |  | Reserves- Loan File 22.21 months, GL Requirement Minimum 6 months.<br> Job Stability- Loan File 3 years has worked in same job and same industry more than 5 years. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | 4350117789 | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Income/Employment | Income/Employment General | Waived-Exception Approval on page XXXX. <br> Exception Reasons:<br> - Notes Receivable Income with less than 12 month history of receipt. Borrower started receiving XXXX per month in XXXX, continuing for the next XXXX years. The first 4 payments have been received as agreed.<br> - Calculation of Self-Employed 1099 income which retains the full 12 month average though hours reduced the most recent 3 months of deposits (an uncounted secondary job has been made available to compensate). - Due Diligence Vendor-XXXX |  | Waived-Exception Approval on page 342. <br> Exception Reasons:<br> - Notes Receivable Income with less than 12 month history of receipt. Borrower started receiving XXXX per month in XXXX, continuing for the next 10 years. The first 4 payments have been received as agreed.<br> - Calculation of Self-Employed 1099 income which retains the full 12 month average though hours reduced the most recent 3 months of deposits (an uncounted secondary job has been made available to compensate). - Due Diligence Vendor-XXXX | XXXX |  | Reserves- Loan File 22.21 months, GL Requirement Minimum 6 months.<br> Job Stability- Loan File 3 years has worked in same job and same industry more than 5 years. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | 4350117789 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #XXXX and the Final Closing disclosure on Pg #XXXX reflects escrows. Rate lock date was entered correctly – see Pg #XXXX. An interior and exterior appraisal was completed for this property – see Pg #XXXX, the appraisal disclosure was provided to the borrower(s)- see Pg #XXXX and copy of the appraisal was given to the borrower – see Pg #XXXX for the copy of the disclosure. The loan meets HPML guidelines. - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX |  | Resolved-The loan's (8.596%) APR equals or exceeds the Federal HPML threshold of (8.25%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.75%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #304 and the Final Closing disclosure on Pg #162 reflects escrows. Rate lock date was entered correctly – see Pg #153, 340. An interior and exterior appraisal was completed for this property – see Pg #29, the appraisal disclosure was provided to the borrower(s)- see Pg #334, 403 and copy of the appraisal was given to the borrower – see Pg #72, 148 for the copy of the disclosure. The loan meets HPML guidelines. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117790 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-Resolved, received initial closing disclosure. - Due Diligence Vendor-XXXX <br>Resolved-Requested Initial CD Provided, Updated & Condition Resolved.<br> - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-TRID: Missing Closing Disclosure Provide Initial CD, required to run compliance. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Resolved, received initial closing disclosure. - Due Diligence Vendor-XXXX <br>Resolved-Requested Initial CD Provided, Updated & Condition Resolved.<br> - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117790 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance (XXXX) | Resolved-Resolved - Due Diligence Vendor-XXXX <br>Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Underwriting Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX |  | Resolved-Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117790 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | Residual income unknown | Resolved-Residual income is already present in file on 1008 hence condition resolved. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. we don't have to do a worksheet; we have the option to notate the residual income on the 1008 as per the guidelines.<br>I have attached the 1008 to the condition with the residual income notation. - Seller-XXXX <br> Open-Provide Residual worksheet. DTIs above XXXX%. however Residual worksheet missing in file.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. we don't have to do a worksheet; we have the option to notate the residual income on the 1008 as per the guidelines.<br>I have attached the 1008 to the condition with the residual income notation. - Seller-XXXX<br>| Resolved-Residual income is already present in file on 1008 hence condition resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117790 | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Credit | Tradeline minimum has not met guidelines | Waived-Exception Approval provided on pXXXX. Borrower has only 1 true recent tradeline, along with auth user accounts otherwise. - Due Diligence Vendor-XXXX |  | Waived-Exception Approval provided on p757. Borrower has only 1 true recent tradeline, along with auth user accounts otherwise. - Due Diligence Vendor-XXXX<br>| XXXX |  | Borrower(s) have 33.92 months Reserves. Minimum required per guidelines is 6 months.<br> Credit Score is 749. Minimum required per guidelines is 740.<br> Borrower has worked in same industry 29 years. Minimum required per guidelines is 5 years.<br> With Gift Funds coming from mother borrower will have 28+ months in reserves, credit score could allow higher LTV. We are counting authorized user accounts in her DTI | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | 4350117790 | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Credit | DTI unknown | Waived-Exception Approval provided on pXXXX, DTI exceeds 45% allowed per XXXX. Ratios are at XXXX.<br>- Due Diligence Vendor-XXXX |  | Waived-Exception Approval provided on pXXXX, DTI exceeds 45% allowed per XXXX. Ratios are at XXXX.<br>- Due Diligence Vendor-XXXX | XXXX |  | Borrower(s) have 33.92 months Reserves. Minimum required per guidelines is 6 months.<br> Credit Score is 749. Minimum required per guidelines is 740.<br> Borrower has worked in same industry 29 years. Minimum required per guidelines is 5 years.<br> With Gift Funds coming from mother borrower will have 28+ months in reserves, credit score could allow higher LTV. We are counting authorized user accounts in her DTI | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | 4350117790 | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Loan does not conform to program guidelines Exception Approval provided on pXXXX for CONDO: 1.) The project exceeds commercial space allotment at XXXX% commercial concentration (There are 30 condo units, and 22 commercial units used as office space or retail stores). 2.) Master insurance has roofs 12 years of age and older included in actual cash valuation rather than replacement cost. The roofs have been redone in XXXX. 3.) In the event a lender acquires a unit due to foreclosure or a deed-in-lieu of foreclosure, the mortgagee is responsible for paying all delinquent common expense assessments. (The amount is limitless rather than up to 12 months). The HOA demonstrates financial stability by allocating 10% in reserves annually and currently hold a reserve balance of XXXX. - Due Diligence Vendor-XXXX |  | Waived-Loan does not conform to program guidelines Exception Approval provided on pXXXX for CONDO: 1.) The project exceeds commercial space allotment at XXXX% commercial concentration (There are 30 condo units, and 22 commercial units used as office space or retail stores). 2.) Master insurance has roofs 12 years of age and older included in actual cash valuation rather than replacement cost. The roofs have been redone in XXXX. 3.) In the event a lender acquires a unit due to foreclosure or a deed-in-lieu of foreclosure, the mortgagee is responsible for paying all delinquent common expense assessments. (The amount is limitless rather than up to 12 months). The HOA demonstrates financial stability by allocating 10% in reserves annually and currently hold a reserve balance of XXXX. - Due Diligence Vendor-XXXX | XXXX |  | Borrower(s) have 33.92 months Reserves. Minimum required per guidelines is 6 months.<br> Credit Score is 749. Minimum required per guidelines is 740.<br> Borrower has worked in same industry 29 years. Minimum required per guidelines is 5 years.<br> With Gift Funds coming from mother borrower will have 28+ months in reserves, credit score could allow higher LTV. We are counting authorized user accounts in her DTI | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | 4350117791 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Received Asset Depletion calculator. Resolved - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Provide Asset Depletion income worksheet. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Received Asset Depletion calculator. Resolved - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | XXXX | N/A | N/A |
| XXXX | 4350117791 | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Assets | Cash Out Does Not Meet Guideline Requirements | Waived-Cash Out is not completed according to the guideline requirements Exception Approval provided pXXXX. Unlimited cash out up to XXXX% instead of XXXX% for Alt Doc Asset Depletion loan. - Due Diligence Vendor-XXXX |  | Waived-Cash Out is not completed according to the guideline requirements Exception Approval provided pXXXX. Unlimited cash out up to 75% instead of 65% for Alt Doc Asset Depletion loan. - Due Diligence Vendor-XXXX | XXXX |  | DTI is 36.35%. Maximum allowed per guidelines is 50%.<br> Borrower Housing History is 0X30, 88 months. Housing History required per guidelines is 0X30, 12 months.<br> Residual Income is $XXXX. Minimum Residual Income required per guidelines is $XXXX.  | XXXX | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | XXXX | Originator Pre-Close | Yes |
| XXXX | 4350117793 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-XXXX <br> Resolved-Title Coverage Amount of XXXX Provided. Resolved - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Title Policy - Seller-XXXX <br> Open-Title Coverage Amount of XXXX is Less than Loan Amount Provide updated title covering full loan amount as the one on file shows Proposed Amount of Insurance as XXXX which is less than loan amount of XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Title Policy - Seller-XXXX<br>| Resolved-Title Coverage Amount of XXXX000 is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-XXXX <br>Resolved-Title Coverage Amount of XXXX000 Provided. Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117793 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXXX <br> Open-Fraud Report Shows Uncleared Alerts Per the GL XXXX page # XXXX a clear fraud report is required. The fraud report in file (page # XXXX) is showing 2 high uncleared alerts. The required cleared report is missing. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXXX<br>| Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117793 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 1 Does Not Meet Guideline Requirements | Resolved-Provided 1003 doesn't reflect XXXX #XXXX asset. Updated & Made changes in asset tab. Asset Record 1 Meets G/L Requirements<br> - Due Diligence Vendor-XXXX <br> Resolved-Asset Record 1 Meets G/L Requirements - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Updated 1003 removing assets - Seller-XXXX <br> Open-Asset Record 1 Does Not Meet G/L Requirements Provide proof of document for XXXX #XXXX in the amount of XXXX as it is not in file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Updated 1003 removing assets - Seller-XXXX<br>| Resolved-Provided 1003 doesn't reflect XXXX asset. Updated & Made changes in asset tab. Asset Record 1 Meets G/L Requirements<br> - Due Diligence Vendor-XXXX <br> Resolved-Asset Record 1 Meets G/L Requirements - Due Diligence Vendor-XXXX | XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117793 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Second value Missing in file, provided XXXX, changes made in system, Finding Resolved - Due Diligence Vendor-XXXX <br> Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. XXXX - Seller-XXXX <br> Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 The loan requires a secondary valuation or a UCDP report with a 2.5 or less from CU and/or LCA.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. XXXX - Seller-XXXX | Resolved-Second value Missing in file, provided XXXX, changes made in system, Finding Resolved - Due Diligence Vendor-XXXX <br> Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-XXXX | XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117793 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on page # XXXX and the Final Closing disclosure on page # 161-165 reflects escrows. Rate lock on page # XXXX. An interior and exterior appraisal was completed for this property – see page # XXXX and the appraisal disclosure was provided to the borrower(s) - see page # XXXX and confirmation the appraisal was delivered to the borrower(s) is - see page # XXXX. The loan meets HPML guidelines. - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX |  | Resolved-The loan's (8.194%) APR equals or exceeds the Federal HPML threshold of (8.11%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.61%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on page # 406 and the Final Closing disclosure on page # 161-165 reflects escrows. Rate lock on page # 434. An interior and exterior appraisal was completed for this property – see page # 34-65 and the appraisal disclosure was provided to the borrower(s) - see page # 495, 498 and confirmation the appraisal was delivered to the borrower(s) is - see page # 495, 498. The loan meets HPML guidelines. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117794 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-FHLMC UCDP/SSR received with an LCA score of 2. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Freddie SSR - Seller-XXXX <br> Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 • Secondary Valuation or Additional Valuation for securitization purposes is missing. File needs a FNMA or FHLMC UCDP/SSR report with a score less than 2.5, or the file needs an Appraisal Desk Review.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. XXXX - Seller-XXXX | Resolved-XXXX received with an LCA score of 2. - Due Diligence Vendor-XXXX | XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117794 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on page # XXXX and the Final Closing disclosure on page # XXXX reflects escrows. Rate lock on page # 616. An interior and exterior appraisal was completed for this property – see page # 23-57 and the appraisal disclosure was provided to the borrower(s) - see page # XXXX and confirmation the appraisal was delivered to the borrower(s) is - see page # XXXX. The loan meets HPML guidelines. - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX |  | Resolved-The loan's (8.314%) APR equals or exceeds the Federal HPML threshold of (8.11%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.61%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on page # 585 and the Final Closing disclosure on page # 257-261 reflects escrows. Rate lock on page # 616. An interior and exterior appraisal was completed for this property – see page # 23-57 and the appraisal disclosure was provided to the borrower(s) - see page # 222, 223 and confirmation the appraisal was delivered to the borrower(s) is - see page # 222, 223. The loan meets HPML guidelines. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117796 | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Exception Approval in file pXXXX. Non-occupant borrower is lacking the required Housing History for the last 12 months. Borrower lived rent-free with a family member for 6 months out the last 12 months, but presently is not rent-free and her monthly rent is within ratios. - Due Diligence Vendor-XXXX <br> Waived-Exception Approval in file pXXXX. Non-occupant borrower is lacking the required Housing History for the last 12 months. Borrower lived rent-free with a family member for 6 months out the last 12 months, but presently is not rent-free and her monthly rent is within ratios. - Due Diligence Vendor-XXXX |  | Waived-Exception Approval in file p819. Non-occupant borrower is lacking the required Housing History for the last 12 months. Borrower lived rent-free with a family member for 6 months out the last 12 months, but presently is not rent-free and her monthly rent is within ratios. - Due Diligence Vendor-XXXX <br>Waived-Exception Approval in file p819. Non-occupant borrower is lacking the required Housing History for the last 12 months. Borrower lived rent-free with a family member for 6 months out the last 12 months, but presently is not rent-free and her monthly rent is within ratios. - Due Diligence Vendor-XXXX<br>| XXXX |  | DTI is 42.08%. Maximum allowed per guidelines is 55%.<br> Credit Score is 711. Minimum required per guidelines is 700.<br> Borrower(s) have 37.22 months Reserves. Minimum required per guidelines is 6 months.<br> Job Stability of B2, with same employer for 3+ Years & B1 is in same field of job for over 20 Years | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | 4350117796 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Borrower | Discrepancy between 1008 Page Qualifying FICO and actual Qualifying FICO | Resolved-Received corrected 1008. Credit scores match. Resolved - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-Qualifying FICO on the 1008 Page is 'XXXX' or blank, but the Qualifying FICO from the Credit Liabilities Page is '711' or blank. Qualifying FICO entries do not match. Please confirm the correct Qualifying FICO value. Provide updated 1008. B1 is Primary Wage Earner with highest income. Qualifying FICO of B1 is XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received corrected 1008. Credit scores match. Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117796 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance (XXXX) | Resolved- - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Inspection Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). . - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX |  | Resolved- - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117796 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Lender Credits That Cannot Decrease Test (XXXX) | Resolved- - Due Diligence Vendor-XXXX <br>Open-The baseline amount of non-specific (lump sum) lender credits and specific lender credits disclosed is (XXXX). The Last CD shows a total lender credit amount of (XXXX). The following fees "lender credits" have decreased below their baseline amounts (General Lender Credit). Non-specific lender credits are generalized payments that do not pay for a particular fee. Specific lender credits are specific payments to pay for a specific fee. The total amount of non-specific and specific lender credits cannot decrease unless a new disclosure is provided and there is a valid changed circumstance associated with the re-disclosure, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3)(i) and comments 19(e)(3)(i)-5 and -6; 12 CFR 1026.19(f)(2)(v); 12 CFR 1026.37(g)(6); 12 CFR 1026.38(h)). . - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX |  | Resolved- - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117796 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Fees: Limited | Resolved-. - Due Diligence Vendor-XXXX <br>Resolved- - Due Diligence Vendor-XXXX <br>Open-The total amount of the 10% category fees on the last Closing Disclosure (XXXX) has increased by more than 10% over the current baseline value of (XXXX). The total amount of fees in the 10% category cannot exceed (XXXX). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Recording Fees – Mortgage/Deed of Trust). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). . - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX |  | Resolved-. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117796 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Fees: Limited | Resolved-. - Due Diligence Vendor-XXXX <br>Resolved- - Due Diligence Vendor-XXXX <br>Open-The total amount of the 10% category fees (XXXX) has increased by more than 10% over the current baseline value of (XXXX). The total amount of fees in the 10% category cannot exceed (XXXX). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Recording Fees – Mortgage/Deed of Trust). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). . - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX |  | Resolved-. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117796 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Tolerance Cure (XXXX) | Resolved- - Due Diligence Vendor-XXXX <br>Resolved- - Due Diligence Vendor-XXXX <br>Open-A Lender Credit for Excess Charges of (XXXX), Principal Reduction for Excess Charges of (XXXX), and general or specific lender credit increases of (XXXX) were applied to the total fee variance of (XXXX) between the baseline disclosure and the last Closing Disclosure. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. - Due Diligence Vendor-XXXX <br>Open-A Lender Credit for Excess Charges of (XXXX), Principal Reduction for Excess Charges of (XXXX), and general or specific lender credit increases of (XXXX) were applied to the total fee variance of (XXXX) between the baseline disclosure and the last Closing Disclosure. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. . - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open-A Lender Credit for Excess Charges of (XXXX), Principal Reduction for Excess Charges of (XXXX), and general or specific lender credit increases of (XXXX) were applied to the total fee variance of (XXXX) between the baseline disclosure and the last Closing Disclosure. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. Provide COC to cure tolerance. Total variance fee of XXXX between the baseline disclosure and the last Closing Disclosure, Since the lender credits and principal reduction are less than the total fee variance amount, they are not sufficient to cure the variance. - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved- - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117796 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Federal - Closing Disclosure Business Day Waiting Period Date Warnings | Resolved-. - Due Diligence Vendor-XXXX <br> Resolved- - Due Diligence Vendor-XXXX <br> Open-You submitted a Prior Closing Disclosure Received Date (XXXX) earlier than the Prior Closing Disclosure Date Issued (XXXX). The System cannot perform a Reg Z business day disclosure waiting period review without accurate dates. (12 CFR 1026.17(f); 1026.37; 1026.19(f); 1026.22(a)(2)) . - Due Diligence Vendor-XXXX |  | Resolved-. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117796 | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Income/Employment | Income/Employment General | Waived-Exception Approval in file p819. Non-occupant borrower returned to work after an extended absence (XXXX months) and has only been in the current job for 3 months, but only using new base pay. - Due Diligence Vendor-XXXX |  | Waived-Exception Approval in file p819. Non-occupant borrower returned to work after an extended absence (XXXX months) and has only been in the current job for XXXX months, but only using new base pay. - Due Diligence Vendor-XXXX | XXXX |  | DTI is 42.08%. Maximum allowed per guidelines is 55%.<br> Credit Score is 711. Minimum required per guidelines is 700.<br> Borrower(s) have 37.22 months Reserves. Minimum required per guidelines is 6 months.<br> Job Stability of B2, with same employer for 3+ Years & B1 is in same field of job for over 20 Years | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | 4350117796 | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Property | Appraisal | Property/Appraisal General | Waived-Exception Approval in file p819. the Project has outstanding critical repairs that do not affect safety and habitability. The electrical panels need replacement since they were found to be defective. The repairs are not complete, but they are underway. The amount of the repairs is XXXX. The repairs are funded by the reserves which have a current balance of XXXX. This project also demonstrates financial stability by allocating 10% in reserves annual. - Due Diligence Vendor-XXXX |  | Waived-Exception Approval in file p819. the Project has outstanding critical repairs that do not affect safety and habitability. The electrical panels need replacement since they were found to be defective. The repairs are not complete, but they are underway. The amount of the repairs is XXXX. The repairs are funded by the reserves which have a current balance of XXXX. This project also demonstrates financial stability by allocating 10% in reserves annual. - Due Diligence Vendor-XXXX<br>| XXXX |  | DTI is 42.08%. Maximum allowed per guidelines is 55%.<br> Credit Score is 711. Minimum required per guidelines is 700.<br> Borrower(s) have 37.22 months Reserves. Minimum required per guidelines is 6 months.<br> Job Stability of B2, with same employer for 3+ Years & B1 is in same field of job for over 20 Years | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | 4350117796 | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Assets | Asset General | Waived-Exception Approval in file p819. Lack 6-month cash out seasoning for primary borrower (the larger income) who is a non-occupant and is being added to title. The occupant borrower has owned the subject property for 20 yrs but isn't considered primary. - Due Diligence Vendor-XXXX |  | Waived-Exception Approval in file p819. Lack 6-month cash out seasoning for primary borrower (the larger income) who is a non-occupant and is being added to title. The occupant borrower has owned the subject property for 20 yrs but isn't considered primary. - Due Diligence Vendor-XXXX<br>| XXXX |  | DTI is 42.08%. Maximum allowed per guidelines is 55%.<br> Credit Score is 711. Minimum required per guidelines is 700.<br> Borrower(s) have 37.22 months Reserves. Minimum required per guidelines is 6 months.<br> Job Stability of B2, with same employer for 3+ Years & B1 is in same field of job for over 20 Years | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | 4350117796 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 730 and the Final Closing disclosure on Pg#'s 187, reflects escrows. Rate lock date was entered correctly – see Pg#'s 756. An interior and exterior appraisal was completed for this property – see pg 51, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 842, and confirmation the appraisal was delivered to the borrower – see Pg#'s 81. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-XXXX <br> Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 730 and the Final Closing disclosure on Pg#'s 187, reflects escrows. Rate lock date was entered correctly – see Pg#'s 756. An interior and exterior appraisal was completed for this property – see pg 51, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 842, and confirmation the appraisal was delivered to the borrower – see Pg#'s 81. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (8.25%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 730 and the Final Closing disclosure on Pg#'s 187, reflects escrows. Rate lock date was entered correctly – see Pg#'s 756. An interior and exterior appraisal was completed for this property – see pg 51, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 842, and confirmation the appraisal was delivered to the borrower – see Pg#'s 81. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open-. - Due Diligence Vendor-XXXX <br> Resolved-. - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 730 and the Final Closing disclosure on Pg#'s 187, reflects escrows. Rate lock date was entered correctly – see Pg#'s 756. An interior and exterior appraisal was completed for this property – see pg 51, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 842, and confirmation the appraisal was delivered to the borrower – see Pg#'s 81. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-XXXX <br> Open-. - Due Diligence Vendor-XXXX <br> Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 730 and the Final Closing disclosure on Pg#'s 187, reflects escrows. Rate lock date was entered correctly – see Pg#'s 756. An interior and exterior appraisal was completed for this property – see pg 51, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 842, and confirmation the appraisal was delivered to the borrower – see Pg#'s 81. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX |  | Resolved-Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 730 and the Final Closing disclosure on Pg#'s 187, reflects escrows. Rate lock date was entered correctly – see Pg#'s 756. An interior and exterior appraisal was completed for this property – see pg 51, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 842, and confirmation the appraisal was delivered to the borrower – see Pg#'s 81. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-XXXX <br> Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 730 and the Final Closing disclosure on Pg#'s 187, reflects escrows. Rate lock date was entered correctly – see Pg#'s 756. An interior and exterior appraisal was completed for this property – see pg 51, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 842, and confirmation the appraisal was delivered to the borrower – see Pg#'s 81. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-XXXX <br> Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (8.25%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 730 and the Final Closing disclosure on Pg#'s 187, reflects escrows. Rate lock date was entered correctly – see Pg#'s 756. An interior and exterior appraisal was completed for this property – see pg 51, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 842, and confirmation the appraisal was delivered to the borrower – see Pg#'s 81. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-XXXX <br> Resolved-. - Due Diligence Vendor-XXXX <br> Resolved-The loan's (8.66%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.75%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 730 and the Final Closing disclosure on Pg#'s 187, reflects escrows. Rate lock date was entered correctly – see Pg#'s 756. An interior and exterior appraisal was completed for this property – see pg 51, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 842, and confirmation the appraisal was delivered to the borrower – see Pg#'s 81. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-XXXX <br> Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (8.25%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 730 and the Final Closing disclosure on Pg#'s 187, reflects escrows. Rate lock date was entered correctly – see Pg#'s 756. An interior and exterior appraisal was completed for this property – see pg 51, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 842, and confirmation the appraisal was delivered to the borrower – see Pg#'s 81. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-XXXX | XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117796 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | Rescission:Disbursement | Federal - Right of Rescission (Loan Disbursement Violation) (TILA) | Resolved-Corrected signature date. Resolved - Due Diligence Vendor-XXXX <br> Resolved-The loan disbursement date (XXXX) is earlier than, or the same day as, the calculated "Right to Cancel Expire Date" (XXXX). Under Regulation Z, funds may not be disbursed to the borrower until after the expiration of the rescission period. (Reg Z, 12 CFR 1026.23(c) and Official Staff Commentary) Requested COC to cure tolerance. - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX |  | Resolved-Corrected signature date. Resolved - Due Diligence Vendor-XXXX <br> Resolved-The loan disbursement date (XXXX) is earlier than, or the same day as, the calculated "Right to Cancel Expire Date" (XXXX). Under Regulation Z, funds may not be disbursed to the borrower until after the expiration of the rescission period. (Reg Z, 12 CFR 1026.23(c) and Official Staff Commentary) Requested COC to cure tolerance. - Due Diligence Vendor-XXXX | XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117796 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | Rescission:Variance | Federal - Right of Rescission Variance Failure (TILA) | Resolved-Corrected signature date. Resolved - Due Diligence Vendor-XXXX <br> Resolved-The disclosed "Right to Cancel Expire Date" (XXXX) is earlier than the system calculated "Right to Cancel Expire Date" (XXXX). Under Regulation Z, funds may not be disbursed to the borrower until the expiration of the rescission period. (12 CFR 1026.23(c) and Official Staff Commentary) Finding added. - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX |  | Resolved-Corrected signature date. Resolved - Due Diligence Vendor-XXXX <br> Resolved-The disclosed "Right to Cancel Expire Date" (XXXX) is earlier than the system calculated "Right to Cancel Expire Date" (XXXX). Under Regulation Z, funds may not be disbursed to the borrower until the expiration of the rescission period. (12 CFR 1026.23(c) and Official Staff Commentary) Finding added. - Due Diligence Vendor-XXXX | XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117797 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Resolved, received the rate lock agreement signed to match the COC showing the rate locked. - Due Diligence Vendor-XXXX <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Evidence of Rate Lock Missing Missing rate lock agreement, Change of circumstances states rate was locked on XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Resolved, received the rate lock agreement signed to match the COC showing the rate locked. - Due Diligence Vendor-XXXX <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117798 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Resolved, received business narrative. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Missing Business narrative providing details of the business and size/scope, including:<br> o Description of business / business profile<br> o Number of employees<br> o Location(s) and rent, if applicable<br> o Estimated cost of goods sold, if applicable<br> o Equipment/materials/trucks<br> o Commercial or retail client bas - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Resolved, received business narrative. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117799 | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Loan does not conform to program guidelines Exception on page#360:<br> DSCR requires client to be a previous owner of a rental property to go XXXX% LTV. This is a first time investor that would like to go XXXX% LTV still. - Due Diligence Vendor-XXXX |  | Waived-Loan does not conform to program guidelines Exception on page#360:<br> DSCR requires client to be a previous owner of a rental property to go 80% LTV. This is a first time investor that would like to go 80% LTV still. - Due Diligence Vendor-XXXX<br>| XXXX |  | Compensating Factors:<br> Credit Score is 767. Minimum required per guidelines is 720.<br> Borrower(s) have 25.71 months Reserves. Minimum required per guidelines is 6 months.<br> Borrower Housing History is 0X30, 24 months. Housing History required per guidelines is 0X30, 12 months. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | 4350117800 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | DSCR unknown | Resolved-Received updated 1008. DSCR's match. Resolved - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Please see the updated 1008 - Seller-XXXX <br> Counter-Received written guidance to refer to the 1008. 1008 states DSCR is XXXX; however XXXX/XXXX= XXXX. Countered - Due Diligence Vendor-XXXX <br> Ready for Review-This can be found on the 1008:<br> No DTI is developed for this product. Qualification is based solely on the Debt Service Coverage Ratio (DSCR) of the subject property. DSCR = Gross Income / PITIA--------- Mkt rent (using STR - Optean) = XXXX0/mo. Actual rent = $na/mo. --- XXXX0 / XXXX7.34 = XXXX. - Seller-XXXX <br> Open- - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see the updated 1008 - Seller-XXXX <br> Ready for Review-This can be found on the 1008:<br> No DTI is developed for this product. Qualification is based solely on the Debt Service Coverage Ratio (DSCR) of the subject property. DSCR = Gross Income / PITIA--------- Mkt rent (using STR - XXXX) = XXXX0/mo. Actual rent = $na/mo. --- XXXX / XXXX = XXXX. - Seller-XXXX | Resolved-Received updated 1008. DSCR's match. Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  | Provide DSCR worksheet to confirm DSCR calculation. | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117800 | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Missing Doc | HO6 Master Insurance Policy is Partial | Waived-Exception Approval provided on p649. Condo exception: Insufficient Fidelity coverage on the master insurance. The project only has XXXX in crime coverage. Their policy is short by XXXX. The Project demonstrates financial stability by allocating 16% in replacement reserve funding and hold a current reserve balance of XXXX. - Due Diligence Vendor-XXXX |  | Waived-Exception Approval provided on p649. Condo exception: Insufficient Fidelity coverage on the master insurance. The project only has XXXX in crime coverage. Their policy is short by XXXX. The Project demonstrates financial stability by allocating 16% in replacement reserve funding and hold a current reserve balance of XXXX. - Due Diligence Vendor-XXXX<br>| XXXX |  | Borrower(s) have 33.55 months Reserves. Minimum required per guidelines is 6 months.<br> DSCR is higher than 1.1. Minimum required per guidelines is 0.75.<br> FICO score is 728, 8 points higher than guideline minimum of 700. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | 4350117800 | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Loan does not conform to program guidelines Exception Approval provided on p649.<br> Requesting to go XXXX% max LTV for a first time investor, as guidelines state XXXX% max - Condo exception: Insufficient Fidelity coverage on the master insurance. The project only has XXXX in crime coverage. Their policy is short by XXXX. The Project demonstrates financial stability by allocating XXXX% in replacement reserve funding and hold a current reserve balance of XXXX. - Due Diligence Vendor-XXXX |  | Waived-Loan does not conform to program guidelines Exception Approval provided on p649.<br> Requesting to go 80% max LTV for a first time investor, as guidelines state 75% max - Condo exception: Insufficient Fidelity coverage on the master insurance. The project only has XXXX in crime coverage. Their policy is short by XXXX. The Project demonstrates financial stability by allocating 16% in replacement reserve funding and hold a current reserve balance of XXXX. - Due Diligence Vendor-XXXX<br>| XXXX |  | Borrower(s) have 33.55 months Reserves. Minimum required per guidelines is 6 months.<br> DSCR is higher than 1.1. Minimum required per guidelines is 0.75.<br> FICO score is 728, 8 points higher than guideline minimum of 700. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | 4350117802 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Hazard Insurance Policy is Missing | Resolved-Resolved, received HOI dec page with sufficient coverage to cover the loan amount. - Due Diligence Vendor-XXXX <br>Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Missing Hazard Insurance Policy Provide Hazard Insurance Policy with the Premium of XXXX & minimum Coverage amount of XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Resolved, received HOI dec page with sufficient coverage to cover the loan amount. - Due Diligence Vendor-XXXX <br>Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117803 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Deed of Trust is Missing | Resolved-Resolved, received deed of trust and riders. - Due Diligence Vendor-XXXX <br>Resolved-The Deed of Trust is Present - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. see attached - Seller-XXXX <br>Open-The Deed of Trust is Missing Deed of Trust is Missing from loan file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. see attached - Seller-XXXX<br>| Resolved-Resolved, received deed of trust and riders. - Due Diligence Vendor-XXXX <br>Resolved-The Deed of Trust is Present - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Home Improvement/Reno | XXXX | N/A | N/A |
| XXXX | 4350117804 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 12 Does Not Meet Guideline Requirements | Resolved-Requested Wire Proof for Gift Funds Provided, Updated & Condition resolved. - Due Diligence Vendor-XXXX <br> Resolved-Asset 12 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Please see attached. The FTC wire of XXXX was from the trust that is owned by the 2 giftors - Buyer-XXXX <br> Open-Asset 12 Does Not Meet Guideline Requirements Proof of the XXXX gift amount is missing from the file. Have four gift letters for XXXX and no wire confirmation for each gift letter is in the file. - Due Diligence Vendor-XXXX |  | Resolved-Requested Wire Proof for Gift Funds Provided, Updated & Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Asset 12 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117804 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of XXXX000 is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Buyer-XXXX <br>Open-Title Coverage Amount of XXXX is Less than Loan Amount - Due Diligence Vendor-XXXX |  | Resolved-Title Coverage Amount of XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-XXXX | XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117805 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Requested Secondary Valuation(CDA) Provided, Updated & Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 CU score is 2.6, Secondary Valuation CDA required. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Requested Secondary Valuation(CDA) Provided, Updated & Condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | 4350117805 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Tolerance Cure (XXXX) | Resolved-Resolved received the second page of COCs needed to add to each CD to show that the changes were provided to the borrower and the reason the changes were made. - Due Diligence Vendor-XXXX <br>Resolved-Resolved - Due Diligence Vendor-XXXX <br>Open-A Lender Credit for Excess Charges of (XXXX), Principal Reduction for Excess Charges of (XXXX), and general or specific lender credit increases of (XXXX) were applied to the total fee variance of (XXXX) between the baseline disclosure and the last Closing Disclosure. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see the attached, with page 2. - Seller-XXXX <br>Counter-Counter, on XXXX the loan origination fee changed to XXXX missing COC for this change. Received COC with changes through XXXX. - Due Diligence Vendor-XXXX <br>Ready for Review-Counter, on XXXX the loan origination fee changed to XXXX missing COC for this change. Received COC with changes through XXXX.<br> - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see the attached. - Seller-XXXX <br>Open-A Lender Credit for Excess Charges of (XXXX), Principal Reduction for Excess Charges of (XXXX), and general or specific lender credit increases of (XXXX) were applied to the total fee variance of (XXXX) between the baseline disclosure and the last Closing Disclosure. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. Points - Loan Discount Fee XXXX, increased in revised CD's. to cure the tolerance there is no COC in file. - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see the attached, with page 2. - Seller-XXXX <br>Ready for Review-Document Uploaded. Please see the attached. - Seller-XXXX<br>| Resolved-Resolved received the second page of COCs needed to add to each CD to show that the changes were provided to the borrower and the reason the changes were made. - Due Diligence Vendor-XXXX <br>Resolved-Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | 4350117805 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Resolved, received business narrative. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open- - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Resolved, received business narrative. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | 4350117806 | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Waived, received executed exception for. <br> Client elects to waive with the following compensating factors. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. See the attached, please. - Seller-XXXX <br> Counter-Counter, received exception however missing signature from manager showing it approved. Email provided looks like the request email. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Please see the attached email approving the exception - Seller-XXXX <br> Counter-Counter, received exception review form however the Exception Decision Details is not filled out. No proof it was approved. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br> Open-Audited LTV Exceeds Guideline LTV Missing the exception decision details on exception form. <br>Exception in file on page #392 for "Asking for XXXX% LTV on this file instead of the XXXX% LTV that the guidelines require. Borrower is XXXX credit score and if he was XXXX credit score we would not need the exception, and the credit cards that we are paying off at closing with the cash out proceeds would increase borrowers credit score up to XXXX per Factual Data." Recommends Waiving. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See the attached, please. - Seller-XXXX <br>Ready for Review-Document Uploaded. Please see the attached email approving the exception - Seller-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Waived-Waived, received executed exception for. <br> Client elects to waive with the following compensating factors. - Due Diligence Vendor-XXXX<br>| XXXX |  | Client elects to waive with the following compensating factors.<br> Borrower Housing History is 0X30, 45 months. Housing History required per guidelines is 0X30, 12 months.<br> Residual Income is $XXXX. Minimum Residual Income required per guidelines is $XXXX. <br> Job Stability, Years in Industry is 8 Years, G/L Required is 2 Years. | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | 4350117806 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-XXXX <br>Ready for Review-The signature section of the rate lock is specific for Adjustable Rate mortgages, this is NOT an adjustable rate mortgage, therefore no signature is required. Please clear this condition - Seller-XXXX <br>Counter-Counter, received rate lock missing borrowers signature. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see the attached - Seller-XXXX <br>Open-Evidence of Rate Lock Missing - Due Diligence Vendor-XXXX | Ready for Review-The signature section of the rate lock is specific for Adjustable Rate mortgages, this is NOT an adjustable rate mortgage, therefore no signature is required. Please clear this condition - Seller-XXXX <br>Ready for Review-Document Uploaded. Please see the attached - Seller-XXXX<br>| Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117806 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Resolved received CDA with value of XXXX with low risk. - Due Diligence Vendor-XXXX <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see the attached - Seller-XXXX <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Secondary Valuation is missing per guideline requirements, Provide a valid Secondary valuation per Guidelines. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see the attached - Seller-XXXX<br>| Resolved-Resolved received CDA with value of XXXX with low risk. - Due Diligence Vendor-XXXX <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117806 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Resolved, received business narrative with required information. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see the attached - Seller-XXXX <br>Open- - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see the attached - Seller-XXXX<br>| Resolved-Resolved, received business narrative with required information. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117806 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 335 and the Final Closing disclosure on Pg#'s 160, reflects escrows. Rate lock date was entered correctly – see Pg#'s 150. An interior and exterior appraisal was completed for this property – see pg 28, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 425, and confirmation the appraisal was delivered to the borrower – see Pg#'s 146. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX |  | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 335 and the Final Closing disclosure on Pg#'s 160, reflects escrows. Rate lock date was entered correctly – see Pg#'s 150. An interior and exterior appraisal was completed for this property – see pg 28, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 425, and confirmation the appraisal was delivered to the borrower – see Pg#'s 146. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-XXXX | XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117807 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Received Desk Review. Resolved - Due Diligence Vendor-XXXX <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Provide Secondary Valuation or Additional Valuation (with acceptable variance to Primary). CU Score is greater than 2.5. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Received Desk Review. Resolved - Due Diligence Vendor-XXXX <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117809 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information B A | Credit | Doc Issue | Settlement Service Provider List is Missing | Resolved-Document received. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. SSPL - Seller-XXXX <br>Open-Settlement Service Provider List is Missing • The Settlement Service Provider List was missing from the XXXX application/1003. The only one in file is from the older XXXX application that was canceled. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. SSPL - Seller-XXXX<br>| Resolved-Document received. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117809 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-The Initial 1003 from XXXX was provided. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Initial 1003 - Seller-XXXX <br> Open-The Initial 1003 is Missing • Per commentary, this subject loan's application date was XXXX with an Initial LE date of XXXX. The Initial 1003 for this loan is missing from the file. (The Initial 1003 provided was for loan #XXXX with an application date XXXX, which was canceled) - Due Diligence Vendor-XXXX <br> Open-The Initial 1003 is Missing • Per commentary, this subject loan's application date was XXXX with an Initial LE date of XXXX. The Initial 1003 for this loan is missing from the file. (The Initial 1003 provided was for loan #XXXX with an application date XXXX, which was canceled) - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Initial 1003 - Seller-XXXX<br>| Resolved-The Initial 1003 from XXXX was provided. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117809 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Federal - Loan Estimate Disclosure Received and Intent To Proceed | Resolved-XXXX Intent to Proceed was received. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Intent to Proceed - Seller-XXXX <br> Open-• The 'Notice of Intent to Proceed with Loan Application' for the XXXX application is missing from the file. (The document previously provided was for the older XXXX application for loan #XXXX, which is not applicable after that application was canceled.) - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Intent to Proceed - Seller-XXXX<br>| Resolved-XXXX Intent to Proceed was received. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117809 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-All Fraud Report Alerts have been cleared. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXXX <br> Open-Fraud Report Shows Uncleared Alerts • The XXXX document shows a total of 7 High alerts, only 5 of which were cleared. Please provide the documentation that shows all alerts were reviewed & cleared. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXXX<br>| Resolved-All Fraud Report Alerts have been cleared. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117809 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance (XXXX) | Resolved-Mavent updated with the XXXX LE as the Initial LE and deleted the XXXX LE as it is not applicable. Mavent re-run and COC issues were resolved. - Due Diligence Vendor-XXXX <br> Resolved- - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. The initial LE dated 8/1 was for a different loan #. That loan was cancelled and re-registered/re-locked. <br> The correct initial LE is for our loan #XXXX dated XXXX, attached.<br> There are notes in the file that show that the previous submitted loan was cancelled and when you look up the loan #XXXX- status shows "Denied".<br> See attached for Document Package – Destination History for loan #XXXX<br>- Seller-XXXX <br> Counter-Per the Initial 1003, the application date was XXXX. Therefore, the LE dated XXXX would be the Initial LE. This LE dated XXXX was not provided in the initial package - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. We do not agree with the findings, as our Initial LE did include both the transfer tax for XXXX and the Appraisal Review fee of XXXX. <br> Please see attached initial LE sent and screenshot of the fees disclosed<br> - Seller-XXXX <br> Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Doc Tax Stamps/Transfer Taxes – City/County, Appraisal Desk Review Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). • 01. Appraisal Review Fee in Section B was newly added on Initial CD dated XXXX for XXXX that was not present on the Initial LE. <br> • 02. Transfer Tax Fee in Section E was newly added on Initial CD dated XXXX for XXXX that was not present on the Initial LE.<br> There is no valid COC in file for these increases. - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. The initial LE dated XXXX was for a different loan #. That loan was cancelled and re-registered/re-locked. <br> The correct initial LE is for our loan #XXXX dated XXXX, attached.<br> There are notes in the file that show that the previous submitted loan was cancelled and when you look up the loan #XXXX - status shows "Denied".<br> See attached for Document Package – Destination History for loan #XXXX<br>- Seller-XXXX <br> Ready for Review-Document Uploaded. We do not agree with the findings, as our Initial LE did include both the transfer tax for XXXX and the Appraisal Review fee of XXXX. <br> Please see attached initial LE sent and screenshot of the fees disclosed<br> - Seller-XXXX | Resolved-Mavent updated with the XXXX LE as the Initial LE and deleted the XXXX LE as it is not applicable. Mavent re-run and COC issues were resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117810 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 4 Does Not Meet Guideline Requirements | Resolved-Asset 4 Does Not Meet Guideline Requirements Received proof of wire from Title company. - Due Diligence Vendor-XXXX <br>Resolved-Received proof of wire from Title company. Resolved - Due Diligence Vendor-XXXX <br>Open-Asset 4 Does Not Meet Guideline Requirements - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see the attached wire confirmation from title - Seller-XXXX <br>Open-Asset 4 Does Not Meet Guideline Requirements Provide proof confirming proceeds from sale in the amount of XXXX was received by Borrower. Received estimated settlement statement. - Due Diligence Vendor-XXXX <br>Open-Asset 4 Does Not Meet Guideline Requirements Provide proof confirming proceeds from sale in the amount of XXXX was received by Borrower. Received estimated settlement statement. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see the attached wire confirmation from title - Seller-XXXX<br>| Resolved-Asset 4 Does Not Meet Guideline Requirements Received proof of wire from Title company. - Due Diligence Vendor-XXXX <br>Resolved-Received proof of wire from Title company. Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117810 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset General | Resolved-Received proof of EMD clearing. Resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached. - Seller-XXXX <br>Open-Provide proof of Earnest Money Deposit in the amount of XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached. - Seller-XXXX<br>| Resolved-Received proof of EMD clearing. Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117810 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-Initial Closing Disclosure document provided. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Initial CD attached - Seller-XXXX <br>Open-TRID: Missing Closing Disclosure Provide Initial Closing Disclosure. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Initial CD attached - Seller-XXXX<br>| Resolved-Initial Closing Disclosure document provided. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117810 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Secondary Valuation or Additional Valuation (Desk Review) Provided. - Due Diligence Vendor-XXXX <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. CDA attached - Seller-XXXX <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Provide Secondary Valuation. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. CDA attached - Seller-XXXX<br>| Resolved-Secondary Valuation or Additional Valuation (Desk Review) Provided. - Due Diligence Vendor-XXXX <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117812 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Provided Fraud report shows All Fraud Report Alerts have been cleared or None Exist. - Due Diligence Vendor-XXXX <br>Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXXX <br>Open-Fraud Report Shows Uncleared Alerts - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXXX<br>| Resolved-Provided Fraud report shows All Fraud Report Alerts have been cleared or None Exist. - Due Diligence Vendor-XXXX <br>Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117812 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Secondary Valuation or Additional Valuation - received - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Freddie SSR - Seller-XXXX <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. XXXX - Seller-XXXX | Resolved-Secondary Valuation or Additional Valuation - received - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117816 | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Credit | DSCR Does Not Meet Guideline Requirements | Waived-UW Exception for DSCR XXXX not meeting minimum 1.0 - Due Diligence Vendor-XXXX <br> Ready for Review-UW Exception for DSCR 0.8986 not meeting minimum 1.0 - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Document Uploaded. Please see attached<br> - Buyer-XXXX <br> Ready for Review-Document Uploaded. Please see attached - Buyer-XXXX <br> Ready for Review-The current guidelines are dated XXXX. Please refer to the current guidelines pg XXXX. XXXX has the guidelines - Buyer-XXXX <br> Counter-Per GL XXXX, page 8, Debt Service Coverage Program, Minimum DSCR 1.00% - Due Diligence Vendor-XXXX <br> Ready for Review-Lender guidelines do not state minimum DSCR ratio is XXXX. In this case the minimum was XXXX - Buyer-XXXX <br> Open-Per GL's, Minimum DSCR is XXXX. DSCR does not meet minimum required. - Due Diligence Vendor-XXXX |  | Waived-UW Exception for DSCR XXXX not meeting minimum 1.0 - Due Diligence Vendor-XXXX | XXXX |  | LTV 48.88 < max allowed 80%<br> FICO 789 > minimum required 680 | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | 4350117817 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 7 Does Not Meet Guideline Requirements | Resolved-Asset 7 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-XXXX <br> Resolved-Updated 1003 Provided. Resolved - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Please see the attached - Buyer-XXXX <br> Open-Asset 7 Does Not Meet Guideline Requirements • Account statement to verify XXXX and Retirement asset of XXXX listed on the Final 1003 (section 2a). - Due Diligence Vendor-XXXX |  | Resolved-Asset 7 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-XXXX <br>Resolved-Updated 1003 Provided. Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117817 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Insurance | HO6 Insurance Policy Effective Date is after the Note Date | Resolved-PCCD received changing the Funding Date to XXXX, which is the same as the Insurance Effective Date. Issue Resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. fss - Buyer-XXXX <br>Ready for Review-Document Uploaded. Please see PCCD updating funding date - Buyer-XXXX <br>Open-HO-6 Insurance Policy Effective Date of XXXX is after the Note Date of XXXX • HO-6 Insurance Policy Effective Date of XXXX is after the Disbursement date of XXXX. - Due Diligence Vendor-XXXX |  | Resolved-PCCD received changing the Funding Date to XXXX, which is the same as the Insurance Effective Date. Issue Resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117818 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Tolerance Cure (XXXX) | Resolved-pccd provided. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Regarding the reason for the PR of XXXX, this was disclosed on our Final Signed CD and attached PCCD, as we need the borrower to come in with their required down payment as well as debts being paid through COE. See breakdown and attached:<br> XXXX% down payment + debt payoff = XXXX<br> Borrower has XXXX EMD & Final funds to close of XXXX = XXXX, therefore the principal reduction of XXXX was necessary so that borrower met down payment requirements.<br>- Seller-XXXX <br> Counter-Also it is showing a principle reduction of XXXX on the final hud. No explanation for this - Due Diligence Vendor-XXXX <br> Ready for Review- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. We are showing we provided a tolerance cure of - XXXX on Final CD, please see attached as it's referenced on the bottom of page 2 of the CD.<br> This was over wired to Title and reflected on our funding figures as well. <br> - Seller-XXXX <br> Open-A Lender Credit for Excess Charges of (XXXX), Principal Reduction for Excess Charges of (XXXX), and general or specific lender credit increases of (XXXX) were applied to the total fee variance of (XXXX) between the baseline disclosure and the last Closing Disclosure. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. Lender credits and all other loan fees are updated per disclosures accurately. Need COC for change in credit from 9/8 CD to the 9/16 CD. - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Regarding the reason for the PR of XXXX, this was disclosed on our Final Signed CD and attached PCCD, as we need the borrower to come in with their required down payment as well as debts being paid through COE. See breakdown and attached:<br> 15% down payment + debt payoff = XXXX<br> Borrower has XXXX EMD & Final funds to close of XXXX = XXXX, therefore the principal reduction of XXXX was necessary so that borrower met down payment requirements.<br>- Seller-XXXX <br>Ready for Review-Document Uploaded. We are showing we provided a tolerance cure of - XXXX on Final CD, please see attached as it's referenced on the bottom of page 2 of the CD.<br> This was over wired to Title and reflected on our funding figures as well. <br> - Seller-XXXX<br>| Resolved-pccd provided. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117818 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Asset 4 Missing | Resolved-Updated asset page - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Final SS for sale of property - Seller-XXXX <br>Open-Need the wire confirmation and or the executed final hud fore the sale of prior home. Hud on page 637 is an estimate only. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Final SS for sale of property - Seller-XXXX<br>| Resolved-Updated asset page - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117818 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Fraud Report Alerts have been cleared, verified & entered in system - Resolved. - Due Diligence Vendor-XXXX <br> Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXXX <br> Open-Fraud Report Shows Uncleared Alerts Per the GL XXXX page # 26 a clear fraud report is required. The fraud report in file (page # 413) is showing 2 high uncleared alerts. The required cleared report is missing. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXXX<br>| Resolved-Fraud Report Alerts have been cleared, verified & entered in system - Resolved. - Due Diligence Vendor-XXXX <br>Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117819 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap Credit Report provided. - Due Diligence Vendor-XXXX <br>Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Gap Credit - Seller-XXXX <br>Open-Borrower 1 Gap Credit Report is Missing As per the GL Version XXXX on page#26 we required Gap credit report within 10 days prior to closing date. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Gap Credit - Seller-XXXX<br>| Resolved-Borrower 1 Gap Credit Report provided. - Due Diligence Vendor-XXXX <br>Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117819 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Updated 1003 showing assets. Updated accordingly. Audited Reserves of XXXX month(s) are greater than or equal to Guideline Required Reserves of 3 month(s)<br> - Due Diligence Vendor-XXXX <br> Resolved-Audited Reserves of 5.87 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Updated 1003 adding assets - Seller-XXXX <br> Open-Audited Reserves of 1.73 month(s) are less than Guideline Required Reserves of 3 month(s) Audited Reserves of month(s) are less than Guideline Required Reserves of 3 month(s) Provide additional Assets. We have verified XXXX; However, it does not meet the reserves requirement, Total Reserve Amount Shortage of XXXX. Loan is cash out refinance, No assets reflecting in f1003, as per the Matrix cash out can be utilized. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Updated 1003 adding assets - Seller-XXXX<br>| Resolved-Updated 1003 showing assets. Updated accordingly. Audited Reserves of XXXX month(s) are greater than or equal to Guideline Required Reserves of 3 month(s)<br> - Due Diligence Vendor-XXXX <br> Resolved-Audited Reserves of XXXX month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-XXXX | XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117820 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Provided fraud shows All Fraud Report Alerts have been cleared or None Exist.<br> - Due Diligence Vendor-XXXX <br> Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXXX <br> Open-Fraud Report Shows Uncleared Alerts Per the GL XXXX page # 26 a clear fraud report is required. The fraud report in file (page # 329) is showing 2 high uncleared alert. The required cleared report is missing.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXXX<br>| Resolved-Provided fraud shows All Fraud Report Alerts have been cleared or None Exist.<br> - Due Diligence Vendor-XXXX <br>Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117821 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset General | Resolved-Updated 1003 and 1008 provided showing no assets in file. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Updated 1003 and 1008 - Seller-XXXX <br>Open-• Evidence of the Assets in section 2b of Borrower1's Final 1003 for Noin-Liquid XXXX is missing from the file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Updated 1003 and 1008 - Seller-XXXX<br>| Resolved-Updated 1003 and 1008 provided showing no assets in file. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117821 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-1008 document with corrected Income & PITIA provided. - Due Diligence Vendor-XXXX <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Updated 1003 and 1008 - Seller-XXXX <br>Open-The 1008 document is missing from the loan file. • The provided 1008 does not appear to be the Final 1008. (a) It reflects only 1 borrower, (b) The income does not match the Final 1003, (c) The PITIA does not match the Final CD. The Final 1008 is missing. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Updated 1003 and 1008 - Seller-XXXX<br>| Resolved-1008 document with corrected Income & PITIA provided. - Due Diligence Vendor-XXXX <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117824 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Fraud Report Alerts have been cleared, verified & entered in system - Resolved. - Due Diligence Vendor-XXXX <br> Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXXX <br> Open-Fraud Report Shows Uncleared Alerts Per the GL XXXX page # XXXX a clear fraud report is required. The fraud report in file (page # XXXX) is showing 1 high uncleared alert. The required cleared report is missing.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXXX<br>| Resolved-Fraud Report Alerts have been cleared, verified & entered in system - Resolved. - Due Diligence Vendor-XXXX <br>Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | 4350117825 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Appraisal is Missing | Resolved-Appraisal is Present or is Waived - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Buyer-XXXX <br>Open-Appraisal is Missing only have 6 pages of the appraisal. Interior photos and rest of appraisal is missing. - Due Diligence Vendor-XXXX |  | Resolved-Appraisal is Present or is Waived - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | XXXX | N/A | N/A |
| XXXX | 4350117825 | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Credit | Cash out funds exceed guideline requirement. | Waived-As per Guideline matrix for refinance max cash out is XXXX, however audited cash out is XXXX, An exception provided on page #XXXX, Exception to allow cash out of XXXX vs guideline. - Due Diligence Vendor-XXXX |  | Waived-As per Guideline matrix for refinance max cash out is XXXX, however audited cash out is XXXX, An exception provided on page #439, Exception to allow cash out of XXXX vs guideline. - Due Diligence Vendor-XXXX<br>| XXXX |  | DTI is 29.162%. Maximum allowed per guidelines is 50%.<br> Borrower(s) have 70.89 months Reserves. Minimum required per guidelines is 12 months.<br> High Discretionary Income<br> Borrower Housing History is 0X30, 24 months. Housing History required per guidelines is 0X30, 12 months. | XXXX | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | XXXX | Originator Pre-Close | Yes |
| XXXX | 4350117826 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence Mortgage/Deed of Trust will be recorded | Resolved-Evidence of Mortgage Recording is present or Mortgage has been sent for Recording - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. This is not an aged loan, please waive condition for recorded DOT - Seller-XXXX <br>Open-Missing evidence of Mortgage recording Final CD does not have recording fees listed, and Deed of Trust does not have a stamp with recorded date present. - Due Diligence Vendor-XXXX | Recorded DOT uploaded. - XXXX <br>Ready for Review-Document Uploaded. This is not an aged loan, please waive condition for recorded DOT - Seller-XXXX<br>| Resolved-Evidence of Mortgage Recording is present or Mortgage has been sent for Recording - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | 4350117826 | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Borrower 1 3rd Party VOE Prior to Close Missing Borrower 1 3rd party VOE prior to close missing. - Due Diligence Vendor-XXXX | VOE uploaded - XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |

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## Exhibit 99.34

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.34**

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| **Deal ID** | **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| 4350117765 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX Eligible | 1.8 | XXXX |
| 4350117766 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX | 1004 URAR |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |
| 4350117767 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 4.2 | XXXX |
| 4350117768 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1.9 | XXXX |
| 4350117769 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1.3 | XXXX |
| 4350117770 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Loan Collateral Advisor (LCA) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX Eligible |  | XXXX |
| 4350117771 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1.1 | XXXX |
| 4350117772 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1 | XXXX |
| 4350117773 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1.3 | XXXX |
| 4350117774 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1 | XXXX |
| 4350117775 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1 | XXXX |
| 4350117776 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |
| 4350117777 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |
| 4350117778 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1 | XXXX |
| 4350117779 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1 | XXXX |
| 4350117780 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1 | XXXX |
| 4350117781 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |
| 4350117782 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1 | XXXX |
| 4350117783 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 2.1 | XXXX |
| 4350117784 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1.4 | XXXX |
| 4350117785 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 2.3 | XXXX |
| 4350117786 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |
| 4350117787 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1 | XXXX |
| 4350117788 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Loan Collateral Advisor (LCA) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX Eligible |  | XXXX |
| 4350117789 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1.4 | XXXX |
| 4350117790 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1 | XXXX |
| 4350117791 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1.2 | XXXX |
| 4350117792 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |
| 4350117793 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Loan Collateral Advisor (LCA) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX Eligible |  | XXXX |
| 4350117794 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Loan Collateral Advisor (LCA) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX Eligible |  | XXXX |
| 4350117795 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1 | XXXX |
| 4350117796 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1 | XXXX |
| 4350117797 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 2.5 | XXXX |
| 4350117798 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 3.3 | XXXX |
| 4350117799 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1 | XXXX |
| 4350117800 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 4.3 | XXXX |
| 4350117801 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1 | XXXX |
| 4350117802 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1 | XXXX |
| 4350117803 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 3.5 | XXXX |
| 4350117804 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | REASONABLE | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |
| 4350117805 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 2.6 | XXXX |
| 4350117806 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |
| 4350117807 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 4.4 | XXXX |
| 4350117808 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1 | XXXX |
| 4350117809 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 2000 One Unit Appraisal Field Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |
| 4350117810 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |
| 4350117811 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1 | XXXX |
| 4350117812 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Loan Collateral Advisor (LCA) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX Eligible |  | XXXX |
| 4350117813 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1.1 | XXXX |
| 4350117814 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 2.4 | XXXX |
| 4350117815 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | Reasonable | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |
| 4350117816 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | Reasonable | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |
| 4350117817 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | Reasonable | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |
| 4350117818 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1 | XXXX |
| 4350117819 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 1 | XXXX |
| 4350117820 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |
| 4350117821 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |
| 4350117822 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |
| 4350117823 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |
| 4350117824 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |
| 4350117825 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | REASONABLE | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |
| 4350117826 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX Eligible | 1 | XXXX |
| 4350117827 | XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | EXCELLENT | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |

---

## Exhibit 99.35

[COLT SECURITIZATION DEPOSITOR, LLC ABS-15G](colt11-abs15g.htm)

**Exhibit 99.35**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 4350117803 | XXXX |  |  | XXXX | Application Date | complianceDetailPage | XXXX | XXXX | XXXX |
| 4350117804 | XXXX |  |  | XXXX | Borrower 1 FTHB | disclosuresPage | XXXX | XXXX | XXXX |
| 4350117815 | XXXX |  |  | XXXX | Borrower 1 FTHB | disclosuresPage | XXXX | XXXX | XXXX |
| 4350117827 | XXXX |  |  | XXXX | Borrower 1 FTHB | disclosuresPage | XXXX | XXXX | XXXX |
| 4350117773 | XXXX |  |  | XXXX | Borrower 1 Income from Employment Total | employmentIncomePage | XXXX | XXXX | XXXX |
| 4350117779 | XXXX |  |  | XXXX | Borrower 1 Income from Employment Total | employmentIncomePage | XXXX | XXXX | XXXX |
| 4350117781 | XXXX |  |  | XXXX | Borrower 1 Income from Employment Total | employmentIncomePage | XXXX | XXXX | XXXX |
| 4350117789 | XXXX |  |  | XXXX | Borrower 1 Income from Employment Total | employmentIncomePage | XXXX | XXXX | XXXX |
| 4350117796 | XXXX |  |  | XXXX | Borrower 1 Income from Employment Total | employmentIncomePage | XXXX | XXXX | XXXX |
| 4350117802 | XXXX |  |  | XXXX | Borrower 1 Income from Employment Total | employmentIncomePage | XXXX | XXXX | XXXX |
| 4350117803 | XXXX |  |  | XXXX | Borrower 1 Income from Employment Total | employmentIncomePage | XXXX | XXXX | XXXX |
| 4350117810 | XXXX |  |  | XXXX | Borrower 1 Income from Employment Total | employmentIncomePage | XXXX | XXXX | XXXX |
| 4350117811 | XXXX |  |  | XXXX | Borrower 1 Income from Employment Total | employmentIncomePage | XXXX | XXXX | XXXX |
| 4350117771 | XXXX |  |  | XXXX | Borrower 1 Last Name | notePage | XXXX | XXXX | XXXX |
| 4350117785 | XXXX |  |  | XXXX | Borrower 1 Last Name | notePage | XXXX | XXXX | XXXX |
| 4350117785 | XXXX |  |  | XXXX | Borrower 1 Other Income | the1003Page | XXXX | XXXX | XXXX |
| 4350117789 | XXXX |  |  | XXXX | Borrower 1 Other Income | the1003Page | XXXX | XXXX | XXXX |
| 4350117803 | XXXX |  |  | XXXX | Borrower 1 Other Income | the1003Page | XXXX | XXXX | XXXX |
| 4350117803 | XXXX |  |  | XXXX | Borrower 1 Other Income Amount 2 | the1003Page | XXXX | XXXX | XXXX |
| 4350117770 | XXXX |  |  | XXXX | Borrower 1 Self-Employment Flag | employmentIncomePage | XXXX | XXXX | XXXX |
| 4350117772 | XXXX |  |  | XXXX | Borrower 1 Total Income | the1003Page | XXXX | XXXX | XXXX |
| 4350117779 | XXXX |  |  | XXXX | Borrower 1 Total Income | the1003Page | XXXX | XXXX | XXXX |
| 4350117811 | XXXX |  |  | XXXX | Borrower 1 Total Income | the1003Page | XXXX | XXXX | XXXX |
| 4350117773 | XXXX |  |  | XXXX | Borrower 2 Employer 1 Yrs on Job | the1003Page | XXXX | XXXX | XXXX |
| 4350117811 | XXXX |  |  | XXXX | Borrower 2 Employer 1 Yrs on Job | the1003Page | XXXX | XXXX | XXXX |
| 4350117803 | XXXX |  |  | XXXX | Borrower 2 Other Income | the1003Page | XXXX | XXXX | XXXX |
| 4350117773 | XXXX |  |  | XXXX | Borrower 2 Sex - Female | the1003Page | XXXX | XXXX | XXXX |
| 4350117774 | XXXX |  |  | XXXX | Borrower 2 Sex - Female | the1003Page | XXXX | XXXX | XXXX |
| 4350117781 | XXXX |  |  | XXXX | Borrower 2 Sex - Female | the1003Page | XXXX | XXXX | XXXX |
| 4350117797 | XXXX |  |  | XXXX | Borrower 2 Sex - Female | the1003Page | XXXX | XXXX | XXXX |
| 4350117798 | XXXX |  |  | XXXX | Borrower 2 Sex - Female | the1003Page | XXXX | XXXX | XXXX |
| 4350117803 | XXXX |  |  | XXXX | Borrower 2 Sex - Female | the1003Page | XXXX | XXXX | XXXX |
| 4350117810 | XXXX |  |  | XXXX | Borrower 2 Sex - Female | the1003Page | XXXX | XXXX | XXXX |
| 4350117777 | XXXX |  |  | XXXX | Calculated DSCR | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 4350117783 | XXXX |  |  | XXXX | Calculated DSCR | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 4350117816 | XXXX |  |  | XXXX | Calculated DSCR | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 4350117827 | XXXX |  |  | XXXX | Calculated DSCR | diligenceFinalLookPage | XXXX | XXXX | XXXX |
| 4350117765 | XXXX |  |  | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | XXXX |
| 4350117772 | XXXX |  |  | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | XXXX |
| 4350117773 | XXXX |  |  | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | XXXX |
| 4350117774 | XXXX |  |  | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | XXXX |
| 4350117779 | XXXX |  |  | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | XXXX |
| 4350117786 | XXXX |  |  | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | XXXX |
| 4350117787 | XXXX |  |  | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | XXXX |
| 4350117789 | XXXX |  |  | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | XXXX |
| 4350117790 | XXXX |  |  | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | XXXX |
| 4350117796 | XXXX |  |  | XXXX | Cash to Close | postConsummationCdDetailPage | XXXX | XXXX | XXXX |
| 4350117797 | XXXX |  |  | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | XXXX |
| 4350117798 | XXXX |  |  | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | XXXX |
| 4350117806 | XXXX |  |  | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | XXXX |
| 4350117807 | XXXX |  |  | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | XXXX |
| 4350117810 | XXXX |  |  | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | XXXX |
| 4350117811 | XXXX |  |  | XXXX | Cash to Close | finalCdDetailPage | XXXX | XXXX | XXXX |
| 4350117800 | XXXX |  |  | XXXX | Loan Program | businessPurposeApprovalandGuidelinePage | XXXX | XXXX | XXXX |
| 4350117767 | XXXX |  |  | XXXX | Loan Type | the1003Page | XXXX | XXXX | XXXX |
| 4350117768 | XXXX |  |  | XXXX | Loan Type | the1003Page | XXXX | XXXX | XXXX |
| 4350117769 | XXXX |  |  | XXXX | Loan Type | the1003Page | XXXX | XXXX | XXXX |
| 4350117771 | XXXX |  |  | XXXX | Loan Type | the1003Page | XXXX | XXXX | XXXX |
| 4350117784 | XXXX |  |  | XXXX | Loan Type | the1003Page | XXXX | XXXX | XXXX |
| 4350117786 | XXXX |  |  | XXXX | Loan Type | the1003Page | XXXX | XXXX | XXXX |
| 4350117792 | XXXX |  |  | XXXX | Loan Type | the1003Page | XXXX | XXXX | XXXX |
| 4350117813 | XXXX |  |  | XXXX | Loan Type | the1003Page | XXXX | XXXX | XXXX |
| 4350117823 | XXXX |  |  | XXXX | Loan Type | the1003Page | XXXX | XXXX | XXXX |
| 4350117765 | XXXX |  |  | XXXX | Monthly HOA $| propertyValuationPage | XXXX | XXXX | XXXX |
| 4350117782 | XXXX |  |  | XXXX | Monthly HOA $| propertyValuationPage | XXXX | XXXX | XXXX |
| 4350117796 | XXXX |  |  | XXXX | Monthly HOA $| propertyValuationPage | XXXX | XXXX | XXXX |
| 4350117769 | XXXX |  |  | XXXX | Monthly Property Tax Amount | titlePage | XXXX | XXXX | XXXX |
| 4350117778 | XXXX |  |  | XXXX | Monthly Property Tax Amount | titlePage | XXXX | XXXX | XXXX |
| 4350117785 | XXXX |  |  | XXXX | Monthly Property Tax Amount | titlePage | XXXX | XXXX | XXXX |
| 4350117789 | XXXX |  |  | XXXX | Monthly Property Tax Amount | titlePage | XXXX | XXXX | XXXX |
| 4350117806 | XXXX |  |  | XXXX | Monthly Property Tax Amount | titlePage | XXXX | XXXX | XXXX |
| 4350117776 | XXXX |  |  | XXXX | Note Date | notePage | XXXX | XXXX | XXXX |
| 4350117780 | XXXX |  |  | XXXX | Note Date | notePage | XXXX | XXXX | XXXX |
| 4350117783 | XXXX |  |  | XXXX | Note Date | notePage | XXXX | XXXX | XXXX |
| 4350117809 | XXXX |  |  | XXXX | Note Date | notePage | XXXX | XXXX | XXXX |
| 4350117812 | XXXX |  |  | XXXX | Note Date | notePage | XXXX | XXXX | XXXX |
| 4350117814 | XXXX |  |  | XXXX | Note Date | notePage | XXXX | XXXX | XXXX |
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