# EDGAR Filing Document

**Accession Number:** 0002076250
**File Stem:** 0001213900-25-062434
**Filing Date:** 2025-7
**Character Count:** 2507049
**Document Hash:** a5fd337a8437c466b709dbe3637b758d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-062434.hdr.sgml**: 20250709

**ACCESSION NUMBER**: 0001213900-25-062434

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

**PUBLIC DOCUMENT COUNT**: 73

**CONFORMED PERIOD OF REPORT**: 20250709

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

**FILED AS OF DATE**: 20250709

**DATE AS OF CHANGE**: 20250709

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: N

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

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** New Residential Funding 2025-NQM4 LLC
- **CENTRAL INDEX KEY:** 0002076250

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-07838
- **FILM NUMBER:** 251114405

**BUSINESS ADDRESS:**
- **STREET 1:** 799 BROADWAY
- **STREET 2:** 8TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 212 850 7791

**MAIL ADDRESS:**
- **STREET 1:** 799 BROADWAY
- **STREET 2:** 8TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
**DEPOSITOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** New Residential Funding 2025-NQM4 LLC
- **CENTRAL INDEX KEY:** 0002076250

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

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

**BUSINESS ADDRESS:**
- **STREET 1:** 799 BROADWAY
- **STREET 2:** 8TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 212 850 7791

**MAIL ADDRESS:**
- **STREET 1:** 799 BROADWAY
- **STREET 2:** 8TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
**SECURITIZER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** New Residential Funding 2025-NQM4 LLC
- **CENTRAL INDEX KEY:** 0002076250

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

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

**BUSINESS ADDRESS:**
- **STREET 1:** 799 BROADWAY
- **STREET 2:** 8TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 212 850 7791

**MAIL ADDRESS:**
- **STREET 1:** 799 BROADWAY
- **STREET 2:** 8TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

OMB Number: 3235-0675

**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>NEW RESIDENTIAL FUNDING 2025-NQM4 LLC</u>**

Check the appropriate box to indicate the filing obligation to 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 filing) __________________

Commission File Number of securitizer: __________________

Central Index Key Number of securitizer:__________________

Name and telephone number, including area code, of the person<br> 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 CFR 240.15Ga-2)

Central Index Key Number of depositor: <u>0002076250</u> 

NEW RESIDENTIAL MORTGAGE LOAN TRUST 2025-NQM4

(Exact name of issuing entity as specified in its charter)

Central Index Key Number of issuing entity (if applicable): <u>Not applicable</u>

Central Index Key Number of underwriter (if applicable): <u>Not applicable</u>

Philip Sivin, 212-798-6100

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

**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 Issuing Entity**

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

**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.

---

| | | | |
|:---|:---|:---|:---|
|  | NEW RESIDENTIAL FUNDING 2025-NQM4 LLC | NEW RESIDENTIAL FUNDING 2025-NQM4 LLC | NEW RESIDENTIAL FUNDING 2025-NQM4 LLC |
| Date: July 9, 2025 | By: | /s/ Nicola Santoro, Jr. | /s/ Nicola Santoro, Jr. |
|  |  | Name: | Nicola Santoro, Jr. |
|  |  | Title: | Chief Financial Officer |

---

**EXHIBIT INDEX**

<u>Exhibit Number</u>

[99.1 - Third Party Due Diligence Report - AMC Executive Summary](ea024842201_ex99-1.htm)

[Schedule 1 – Rating Agency Grades](ea024842201_ex99-1sch1.htm)

[Schedule 2 – Exception Grades](ea024842201_ex99-1sch2.htm)

[Schedule 3 – Valuation Report](ea024842201_ex99-1sch3.htm)

[Schedule 4 – Business Purpose Report](ea024842201_ex99-1sch4.htm)

[Schedule 5 – Data Compare](ea024842201_ex99-1sch5.htm)

[99.2 - Third Party Due Diligence Report - Infinity Executive Summary](ea024842201_ex99-2.htm)

[Schedule 1 – Valuation Report](ea024842201_ex99-2sch1.htm)

[Schedule 2 – Rating Agency Grades Report](ea024842201_ex99-2sch2.htm)

[Schedule 3 – Data Compare Report](ea024842201_ex99-2sch3.htm)

[Schedule 4 – Loan Level Exception Report](ea024842201_ex99-2sch4.htm)

[Schedule 5 – Individual Exception Report](ea024842201_ex99-2sch5.htm)

[99.3 - Third Party Due Diligence Report - Evolve Executive Summary](ea024842201_ex99-3.htm)

[Schedule 1 – Valuations Summary](ea024842201_ex99-3sch1.htm)

[Schedule 2 – RA Grades Report](ea024842201_ex99-3sch2.htm)

[Schedule 3 – Business Purpose Report](ea024842201_ex99-3sch3.htm)

[Schedule 4 – Data Compare](ea024842201_ex99-3sch4.htm)

[Schedule 5 – Exception Report](ea024842201_ex99-3sch5.htm)

[Schedule 6 – QM ATR Report](ea024842201_ex99-3sch6.htm)

[99.4 - Third Party Due Diligence Report - Clarifii Executive Summary](ea024842201_ex99-4.htm)

[Schedule 1 – Valuation Report](ea024842201_ex99-4sch1.htm)

[Schedule 2 – Rating Agency Grades Summary](ea024842201_ex99-4sch2.htm)

[Schedule 3 – Data Compare Report](ea024842201_ex99-4sch3.htm)

[Schedule 4 – ATR QM Report](ea024842201_ex99-4sch4.htm)

[Schedule 5 – Rating Agency Grades Detail Report](ea024842201_ex99-4sch5.htm)

[Schedule 6 – Business Purpose Supplemental Report](ea024842201_ex99-4sch6.htm)

[99.5 - Third Party Due Diligence Report – Consolidated Analytics Executive Summary](ea024842201_ex99-5.htm)

[Schedule 1 – Rating Agency Grades Summary](ea024842201_ex99-5sch1.htm)

[Schedule 2 – Due Diligence Standard Report](ea024842201_ex99-5sch2.htm)

[Schedule 3 – Valuations Report](ea024842201_ex99-5sch3.htm)

[Schedule 4 – Data Compare](ea024842201_ex99-5sch4.htm)

[99.6 - Third Party Due Diligence Report – Digital Risk Executive Summary](ea024842201_ex99-6.htm)

[Schedule 1 – Rating Agency Report](ea024842201_ex99-6sch1.htm)

[Schedule 2 – DD Standard Report](ea024842201_ex99-6sch2.htm)

[Schedule 3 – Exception Report](ea024842201_ex99-6sch3.htm)

[Schedule 4 – Valuation Report](ea024842201_ex99-6sch4.htm)

[Schedule 5 – Non-QM Supplemental Report](ea024842201_ex99-6sch5.htm)

[99.7 - Third Party Due Diligence Report - Opus Executive Summary](ea024842201_ex99-7.htm)

[Schedule 1 – Valuation Report](ea024842201_ex99-7sch1.htm)

[Schedule 2 – Rating Agency Grades Summary](ea024842201_ex99-7sch2.htm)

[Schedule 3 – Business Purpose Report](ea024842201_ex99-7sch3.htm)

[Schedule 4 – Standard Findings Report](ea024842201_ex99-7sch4.htm)

[Schedule 5 – ATR QM Report](ea024842201_ex99-7sch5.htm)

[Schedule 6 – Data Compare](ea024842201_ex99-7sch6.htm)

[99.8 - Third Party Due Diligence Report - Selene Executive Summary](ea024842201_ex99-8.htm)

[Schedule 1 – Valuation Report](ea024842201_ex99-8sch1.htm)

[Schedule 2 – Rating Agency Grades](ea024842201_ex99-8sch2.htm)

[Schedule 3 – Business Purpose Report](ea024842201_ex99-8sch3.htm)

[Schedule 4 – Standard Findings Report](ea024842201_ex99-8sch4.htm)

[Schedule 5 – Data Compare](ea024842201_ex99-8sch5.htm)

## Exhibit 99.1

**Exhibit 99.1**

![](ex99-1_001.jpg)

**EXECUTIVE SUMMARY**

**DESCRIPTION OF SERVICES**

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

AMC Diligence, LLC ("AMC" or "SitusAMC") performed the due diligence services described below (the "Review") on residential Loans (as defined in (2) below) originated by multiple correspondent lenders and acquired directly via reliance letter by Rithm Capital, or its affiliates (the "Client") through mortgage loan files reviewed on behalf of such parties or with results conveyed from another party to the Client via reliance letter. The Review, which includes reliance letter Loans the time of an initial review performed for such party, was conducted on Loans with origination dates from December 2024 through May 2025 via files imaged and provided by the Client for review. The Review includes Loans that were reviewed both (i) directly for an affiliate of the Client and (ii) for correspondents with results conveyed to an affiliate of the Client by a reliance letter.

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

The final population of the Review contained two hundred thirty-four (234) Loans totaling an aggregate original principal balance of approximately $107.657 million (the "Loans").

**(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), Kroll Bond Rating Agency, LLC ("Kroll") and S&P Global Ratings ("S&P").

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

AMC compared data fields on the bid tape provided by the Client to the data found in the actual mortgage loan file as captured by AMC. This comparison, when data was available (please note that not all fields were available for all Loans during the Review) and relevant for the Scope in question, included the following data fields:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;# of Units | &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;Original Term |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;LTV Valuation Value | &nbsp;&nbsp;Originator Loan Designation |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;Note Date | &nbsp;&nbsp;Purpose |
| &nbsp;&nbsp;Borrower First Name | &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;Representative FICO |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;State |
| &nbsp;&nbsp;City | &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;Street |
| &nbsp;&nbsp;Contract Sales Price | &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;Subject Debt Service Coverage Ratio |
| &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;Zip |

---

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.

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

AMC reviewed mortgage loan origination documentation to determine conformity with 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 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.

**<u>CREDIT AND COMPLIANCE SCOPE:</u>**

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.

1 \| P a g e

**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.

**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.

**DU/LP Review:** When provided and appropriate, AMC verified that DU findings included an approved/ineligible decision where required by the guidelines. However, all Loans are manually underwritten with documentation requirements determined by the guidelines and not AUS findings.

**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, 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 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.

2 \| P a g e

![](ex99-1_001.jpg)

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) satisfied 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 adherence 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 adhere 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 completed fields and verifying that the handwritten 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.

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

▪ Gathering the components of the DSCR from source
documentation provided in the loan file during the course of the review. Where applicable, AMC sums per the guidelines the principal and
interest payment as well as the tax, insurance and HOA payment to arrive at a monthly property expense. This number is used as the denominator
to the monthly lease or estimated lease income as per the guidelines.

3 \| P a g e

![](ex99-1_001.jpg)

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

---

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

---

**(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, (viii) 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 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. 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.

4 \| P a g e

![](ex99-1_001.jpg)

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;

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).

5 \| P a g e

![](ex99-1_001.jpg)

&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

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.

6 \| P a g e

![](ex99-1_001.jpg)

&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;

&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.

7 \| P a g e

![](ex99-1_001.jpg)

&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>*

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:

---

| | |
|:---|:---|
| 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, |

---

8 \| P a g e

![](ex99-1_001.jpg)

---

| | |
|:---|:---|
| 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 loans determined to be Safe Harbor QM (APOR), in the event the lender provided a Verification Safe Harbor, ("VSH") indicator of "Yes" on the loans, that would be reflected as such in the reports. In the event the lender provided a VSH indicator of "No" on the loans that would be reflected in the reports. In the event the lender did not provide a VSH indicator on the loans, the loans would be identified as "Not Stated" in the reports.

\* Note, for loans in which the lender provided the VSH indicator, AMC captured it, but did not verify the VSH indicator.

Notwithstanding the above, for loans with the variance evaluation of VSH performed by AMC on QM (APOR) loans, the Lender provided a VSH Indicator of "Yes". The VSH indicator was provided within the loan images, on the data tape, deal notes, or as part of the loan program/guidelines being originated to. The loan guidelines utilized one of the specified GSE June 2020 guidelines to meet VSH. In the event the lender identified the loan to have VSH status, then AMC reviewed to identify documentation variances that would cause one to question the VSH attestation from the lender. If variances were identified, then the 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. The results of the variance analysis 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.).

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.

9 \| P a g e

![](ex99-1_001.jpg)

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.

**(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.

10 \| P a g e

![](ex99-1_001.jpg)

**(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.

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

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.).

11 \| P a g e

![](ex99-1_001.jpg)

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**

**OVERALL REVIEW RESULTS SUMMARY**

Of the two hundred thirty-four (234) Loans reviewed, all two hundred thirty-four (234) Loans or (100%) received an overall "A" or "B" overall grade.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**S&P and Kroll Overall Loan Grades** | &nbsp;&nbsp;**S&P and Kroll Overall Loan Grades** | &nbsp;&nbsp;**S&P and Kroll Overall Loan Grades** |
| **Final Loan Grade** | &nbsp;&nbsp;**# of <br> Loans** | &nbsp;&nbsp;**% of<br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;182 | &nbsp;&nbsp;77.78% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;52 | &nbsp;&nbsp;22.22% |
| &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;**234** | &nbsp;&nbsp;**100.00%** |

---

**COMPLIANCE RESULTS SUMMARY**

One hundred eighty-three (183) Loans are DSCR loans and will not have a compliance grade. Of the fifty-one (51) Loans reviewed for compliance, all fifty-one (51) Loans or (100%) received an "A" or "B" compliance grade.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**S&P and Kroll Compliance Loan Grades** | &nbsp;&nbsp;**S&P and Kroll Compliance Loan Grades** | &nbsp;&nbsp;**S&P and Kroll Compliance Loan Grades** |
| &nbsp;&nbsp;**Final Loan Grade** | &nbsp;&nbsp;**# of <br> Loans** | &nbsp;&nbsp;**% of<br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;47 | &nbsp;&nbsp;92.16% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;4 | &nbsp;&nbsp;7.84% |
| &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;**51** | &nbsp;&nbsp;**100.00%** |

---

12 \| P a g e

![](ex99-1_001.jpg)

**CREDIT RESULTS SUMMARY**

All two hundred thirty-four (234) Loans (100%) reviewed received an "A" or "B" credit grade.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**S&P and Kroll Credit Loan Grades** | &nbsp;&nbsp;**S&P and Kroll Credit Loan Grades** | &nbsp;&nbsp;**S&P and Kroll Credit Loan Grades** |
| &nbsp;&nbsp;**Final Loan Grade** | &nbsp;&nbsp;**# of<br> Loans** | &nbsp;&nbsp;**% of<br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;186 | &nbsp;&nbsp;79.49% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;48 | &nbsp;&nbsp;20.51% |
| &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;**234** | &nbsp;&nbsp;**100.00%** |

---

**PROPERTY/VALUATION RESULTS SUMMARY**

All two hundred thirty-four (234) Loans (100%) reviewed under the applicable grading criteria, received an "A" property grade.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**S&P and Kroll Property Loan Grades** | &nbsp;&nbsp;**S&P and Kroll Property Loan Grades** | &nbsp;&nbsp;**S&P and Kroll Property Loan Grades** |
| &nbsp;&nbsp;**Final Loan Grade** | &nbsp;&nbsp;**# of <br> Loans** | &nbsp;&nbsp;**% of<br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;234 | &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;**234** | &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").

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Exception<br> Type** | &nbsp;&nbsp;**S&P and Kroll<br> Final<br> Exception<br> Rating** | &nbsp;&nbsp;**Exception Category** | &nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;TRID Defect | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Compliance Grade (B) Exceptions:*** | &nbsp;&nbsp;***4*** |
| &nbsp;&nbsp;**Total Compliance Exceptions:** | &nbsp;&nbsp;**Total Compliance Exceptions:** | &nbsp;&nbsp;**Total Compliance Exceptions:** | &nbsp;&nbsp;**4** |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Guideline | &nbsp;&nbsp;30 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Loan Package Documentation | &nbsp;&nbsp;14 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Credit | &nbsp;&nbsp;10 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Missing Document | &nbsp;&nbsp;8 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Borrower and Mortgage Eligibility | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Business Purpose | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Asset | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Hazard Insurance | &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;***Total Credit Grade (B) Exceptions:*** | &nbsp;&nbsp;***75*** |
| &nbsp;&nbsp;**Total Credit Exceptions:** | &nbsp;&nbsp;**Total Credit Exceptions:** | &nbsp;&nbsp;**Total Credit Exceptions:** | &nbsp;&nbsp;**75** |
| &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;**79** |

---

13 \| P a g e

![](ex99-1_001.jpg)

**TAPE INTEGRITY REVIEW RESULTS SUMMARY**

Of the two hundred thirty-four (234) Loans reviewed, one hundred forty-six (146) unique Loans had a total of two hundred and thirty-nine (239) different tape discrepancies across thirteen (13) data fields (some Loans had more than one data delta). The largest variances were found on Borrower Last Name, Note Date and Subject Debt Service Coverage Ratio where the data tape information did not coincide with the documentation type found in the loan file.

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Loans With<br> Discrepancy** | &nbsp;&nbsp;**Total Times<br> Compared** | &nbsp;&nbsp;**%<br> Variance** | &nbsp;&nbsp;**# Of<br> Loans** |
| &nbsp;&nbsp;# of Units | &nbsp;&nbsp;0 | &nbsp;&nbsp;228 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;51 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;228 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;2 | &nbsp;&nbsp;57 | &nbsp;&nbsp;3.51% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;Borrower First Name | &nbsp;&nbsp;2 | &nbsp;&nbsp;51 | &nbsp;&nbsp;3.92% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;97 | &nbsp;&nbsp;234 | &nbsp;&nbsp;41.45% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;City | &nbsp;&nbsp;1 | &nbsp;&nbsp;234 | &nbsp;&nbsp;0.43% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;Contract Sales Price | &nbsp;&nbsp;32 | &nbsp;&nbsp;228 | &nbsp;&nbsp;14.04% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;0 | &nbsp;&nbsp;178 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;51 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;LTV Valuation Value | &nbsp;&nbsp;2 | &nbsp;&nbsp;178 | &nbsp;&nbsp;1.12% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;228 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;62 | &nbsp;&nbsp;184 | &nbsp;&nbsp;33.70% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;234 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;0 | &nbsp;&nbsp;228 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;234 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;6 | &nbsp;&nbsp;57 | &nbsp;&nbsp;10.53% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;0 | &nbsp;&nbsp;228 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;Original Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;178 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;Originator Loan Designation | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;4 | &nbsp;&nbsp;234 | &nbsp;&nbsp;1.71% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;228 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;Representative FICO | &nbsp;&nbsp;5 | &nbsp;&nbsp;234 | &nbsp;&nbsp;2.14% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;State | &nbsp;&nbsp;0 | &nbsp;&nbsp;234 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;Street | &nbsp;&nbsp;1 | &nbsp;&nbsp;234 | &nbsp;&nbsp;0.43% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;Subject Debt Service Coverage Ratio | &nbsp;&nbsp;24 | &nbsp;&nbsp;181 | &nbsp;&nbsp;13.26% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;Zip | &nbsp;&nbsp;1 | &nbsp;&nbsp;234 | &nbsp;&nbsp;0.43% | &nbsp;&nbsp;234 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**239** | &nbsp;&nbsp;**4869** | &nbsp;&nbsp;**4.91%** | &nbsp;&nbsp;**234** |

---

14 \| P a g e

![](ex99-1_001.jpg)

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| &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;234 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$107656711.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**234** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$107656711.00** | &nbsp;&nbsp;**100.00%** |
| &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;234 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$107656711.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**234** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$107656711.00** | &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;110 | &nbsp;&nbsp;47.01% | &nbsp;&nbsp;$49557072.00 | &nbsp;&nbsp;46.03% |
| &nbsp;&nbsp;First Time Home Purchase | &nbsp;&nbsp;9 | &nbsp;&nbsp;3.85% | &nbsp;&nbsp;$7175366.00 | &nbsp;&nbsp;6.67% |
| &nbsp;&nbsp;Other-than-first-time Home Purchase | &nbsp;&nbsp;88 | &nbsp;&nbsp;37.61% | &nbsp;&nbsp;$39061448.00 | &nbsp;&nbsp;36.28% |
| &nbsp;&nbsp;Rate/Term Refinance - Borrower Initiated | &nbsp;&nbsp;27 | &nbsp;&nbsp;11.54% | &nbsp;&nbsp;$11862825.00 | &nbsp;&nbsp;11.02% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**234** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$107656711.00** | &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;234 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$107656711.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**234** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$107656711.00** | &nbsp;&nbsp;**100.00%** |
| &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;122 | &nbsp;&nbsp;52.14% | &nbsp;&nbsp;$47701783.00 | &nbsp;&nbsp;44.31% |
| &nbsp;&nbsp;Condo, Low Rise | &nbsp;&nbsp;14 | &nbsp;&nbsp;5.98% | &nbsp;&nbsp;$4812050.00 | &nbsp;&nbsp;4.47% |
| &nbsp;&nbsp;Condo, High Rise | &nbsp;&nbsp;11 | &nbsp;&nbsp;4.70% | &nbsp;&nbsp;$9803250.00 | &nbsp;&nbsp;9.11% |
| &nbsp;&nbsp;PUD | &nbsp;&nbsp;43 | &nbsp;&nbsp;18.38% | &nbsp;&nbsp;$23000742.00 | &nbsp;&nbsp;21.36% |
| &nbsp;&nbsp;1 Family Attached | &nbsp;&nbsp;5 | &nbsp;&nbsp;2.14% | &nbsp;&nbsp;$1749000.00 | &nbsp;&nbsp;1.62% |
| &nbsp;&nbsp;2 Family | &nbsp;&nbsp;21 | &nbsp;&nbsp;8.97% | &nbsp;&nbsp;$10545636.00 | &nbsp;&nbsp;9.80% |
| &nbsp;&nbsp;3 Family | &nbsp;&nbsp;9 | &nbsp;&nbsp;3.85% | &nbsp;&nbsp;$5227300.00 | &nbsp;&nbsp;4.86% |
| &nbsp;&nbsp;4 Family | &nbsp;&nbsp;9 | &nbsp;&nbsp;3.85% | &nbsp;&nbsp;$4816950.00 | &nbsp;&nbsp;4.47% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**234** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$107656711.00** | &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;39 | &nbsp;&nbsp;16.67% | &nbsp;&nbsp;$28658984.00 | &nbsp;&nbsp;26.62% |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;191 | &nbsp;&nbsp;81.62% | &nbsp;&nbsp;$77842627.00 | &nbsp;&nbsp;72.31% |
| &nbsp;&nbsp;Second Home | &nbsp;&nbsp;4 | &nbsp;&nbsp;1.71% | &nbsp;&nbsp;$1155100.00 | &nbsp;&nbsp;1.07% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**234** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$107656711.00** | &nbsp;&nbsp;**100.00%** |

---

15 \| P a g e

## Exhibit 99.1

**Exhibit 99.1 Schedule 1**

![](ex99-1sch1_001.jpg)

**Rating Agency Grades**

**Run Date - 6/26/2025 10:13:57 AM**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **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** |
| **Loan ID** | **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Deal Number** | **Original Loan Amount** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** |
| 1984988 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 1969254 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 1993835 | XX | XX | XX |  | XX | XX B |  | A | B | B |  | A | B |  |
| 1993826 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 1993832 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 1993842 | XX | XX | XX |  | XX | XX C | C | A | C | A | A | A | A |  |
| 12025021684 | XX | XX | XX |  | XX | XX C | A | A | C | B | A | A | B |  |
| 12025021764 | XX | XX | XX |  | XX | XX C | A | A | C | A | B | A | B |  |
| 12025030373 | XX | XX | XX |  | XX | XX C | C | A | C | A | A | A | A |  |
| 12025021407 | XX | XX | XX |  | XX | XX C | A | A | C | A | A | A | A |  |
| 12025031005 | XX | XX | XX |  | XX | XX C | A | A | C | A | A | A | A |  |
| 12025021229 | XX | XX | XX |  | XX | XX C | A | A | C | A | A | A | A |  |
| 12025022006 | XX | XX | XX |  | XX | XX C | A | A | C | A | A | A | A |  |
| 12025020036 | XX | XX | XX |  | XX | XX A | C | A | C | A | B | A | B |  |
| 12025011948 | XX | XX | XX |  | XX | XX C | C | A | C | A | A | A | A |  |
| 12025031464 | XX | XX | XX |  | XX | XX C | A | A | C | B | A | A | B |  |
| 12025031745 | XX | XX | XX |  | XX | XX A | C | A | C | A | A | A | A |  |
| 12025021369 | XX | XX | XX |  | XX | XX C | A | A | C | A | A | A | A |  |
| 12025021632 | XX | XX | XX |  | XX | XX C | A | A | C | A | A | A | A |  |
| 12025021164 | XX | XX | XX |  | XX | XX C | A | A | C | B | A | A | B |  |
| 12025030429 | XX | XX | XX |  | XX | XX C | A | A | C | B | A | A | B |  |
| 12025011486 | XX | XX | XX |  | XX | XX A | A | A | A | A | A | A | A |  |
| 12025030443 | XX | XX | XX |  | XX | XX B | A | A | B | B | A | A | B |  |
| 12025030662 | XX | XX | XX |  | XX | XX A | A | A | A | A | A | A | A |  |
| 12025031559 | XX | XX | XX |  | XX | XX A | A | A | A | A | A | A | A |  |
| 32025030961 | XX | XX | XX |  | XX | XX C | A | A | C | A | A | A | A |  |
| 12025031224 | XX | XX | XX |  | XX | XX C | A | A | C | B | A | A | B |  |
| 12025021332 | XX | XX | XX |  | XX | XX A | A | A | A | A | A | A | A |  |
| 12025031359 | XX | XX | XX |  | XX | XX C | C | A | C | B | A | A | B |  |
| 12025031467 | XX | XX | XX |  | XX | XX A | C | A | C | A | B | A | B |  |
| 12025030797 | XX | XX | XX |  | XX | XX C | A | A | C | B | A | A | B |  |
| 12025031622 | XX | XX | XX |  | XX | XX A | C | A | C | A | A | A | A |  |
| 12025021278 | XX | XX | XX |  | XX | XX C | B | A | C | A | A | A | A |  |
| 12025030584 | XX | XX | XX |  | XX | XX C | C | A | C | A | A | A | A |  |
| 12025040757 | XX | XX | XX |  | XX | XX A | A | A | A | A | A | A | A |  |
| 12025040861 | XX | XX | XX |  | XX | XX A | A | A | A | A | A | A | A |  |
| 12025041344 | XX | XX | XX |  | XX | XX C | A | A | C | B | A | A | B |  |
| 12025041978 | XX | XX | XX |  | XX | XX C | C | A | C | A | A | A | A |  |
| 12025031476 | XX | XX | XX |  | XX | XX C | B | A | C | A | A | A | A |  |
| 12025041380 | XX | XX | XX |  | XX | XX C | A | A | C | A | A | A | A |  |
| 12025041418 | XX | XX | XX |  | XX | XX A | A | A | A | A | A | A | A |  |
| 12025041555 | XX | XX | XX |  | XX | XX A | C | A | C | A | A | A | A |  |
| 12025040257 | XX | XX | XX |  | XX | XX A | A | A | A | A | A | A | A |  |
| 12025041830 | XX | XX | XX |  | XX | XX C | A | A | C | A | A | A | A |  |
| 12025030883 | XX | XX | XX |  | XX | XX A | A | A | A | A | A | A | A |  |
| 12025031588 | XX | XX | XX |  | XX | XX A | A | A | A | A | A | A | A |  |
| 12025032059 | XX | XX | XX |  | XX | XX A | C | A | C | A | B | A | B |  |
| 12025042038 | XX | XX | XX |  | XX | XX A | A | A | A | A | A | A | A |  |
| 12025042453 | XX | XX | XX |  | XX | XX A | C | A | C | A | A | A | A |  |
| 12025042350 | XX | XX | XX |  | XX | XX C | A | A | C | A | A | A | A |  |
| 12025041179 | XX | XX | XX |  | XX | XX C | A | A | C | A | A | A | A |  |
| 12025040882 | XX | XX | XX |  | XX | XX A | A | A | A | A | A | A | A |  |
| 12025020909 | XX | XX | XX |  | XX | XX A | A | A | A | A | A | A | A |  |
| 12025041739 | XX | XX | XX |  | XX | XX A | A | A | A | A | A | A | A |  |
| 12025040427 | XX | XX | XX |  | XX | XX C D | A | A | C D | A | A | A | A |  |
| 12025021902 | XX | XX | XX |  | XX | XX C | A | A | C | A | A | A | A |  |
| 12025030170 | XX | XX | XX |  | XX | XX C D |  | A | C D | B |  | A | B |  |
| 12025021157 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025021740 | XX | XX | XX |  | XX | XX C |  | A | C | B |  | A | B |  |
| 12025021973 | XX | XX | XX |  | XX | XX C |  | A | C | B |  | A | B |  |
| 12025021893 | XX | XX | XX |  | XX | XX C |  | A | C | B |  | A | B |  |
| 12025010977 | XX | XX | XX |  | XX | XX C D |  | A | C D | B |  | A | B |  |
| 12025031187 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025021392 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025030844 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025030344 | XX | XX | XX |  | XX | XX C |  | A | C | B |  | A | B |  |
| 12025020823 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025021871 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025031613 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025020846 | XX | XX | XX |  | XX | XX C |  | C | C | A |  | A | A |  |
| 12025021762 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025021845 | XX | XX | XX |  | XX | XX D |  | A | D | B |  | A | B |  |
| 12025020630 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025022088 | XX | XX | XX |  | XX | XX D |  | A | D | B |  | A | B |  |
| 12025030859 | XX | XX | XX |  | XX | XX C |  | D | D | A |  | A | A |  |
| 12025030209 | XX | XX | XX |  | XX | XX C |  | A | C | B |  | A | B |  |
| 12024110301 | XX | XX | XX |  | XX | XX D |  | D | D | A |  | A | A |  |
| 12025040025 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025030699 | XX | XX | XX |  | XX | XX C |  | D | D | A |  | A | A |  |
| 12025030077 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025032144 | XX | XX | XX |  | XX | XX C |  | A | C | B |  | A | B |  |
| 12025031129 | XX | XX | XX |  | XX | XX C |  | A | C | B |  | A | B |  |
| 12025031355 | XX | XX | XX |  | XX | XX C |  | A | C | B |  | A | B |  |
| 12025032463 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025032461 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025032128 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025021961 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025031526 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025031011 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025032269 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025031891 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025020662 | XX | XX | XX |  | XX | XX D |  | A | D | B |  | A | B |  |
| 12025021057 | XX | XX | XX |  | XX | XX C |  | A | C | B |  | A | B |  |
| 12025030782 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025021633 | XX | XX | XX |  | XX | XX C |  | A | C | B |  | A | B |  |
| 12025021815 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025031225 | XX | XX | XX |  | XX | XX D |  | A | D | B |  | A | B |  |
| 32025030926 | XX | XX | XX |  | XX | XX A |  | C | C | A |  | A | A |  |
| 12025031358 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025030999 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025030330 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025030484 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025021616 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025030919 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025032125 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025032179 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 32025031417 | XX | XX | XX |  | XX | XX C |  | C | C | A |  | A | A |  |
| 12025030554 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025011674 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025031915 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025040076 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025021994 | XX | XX | XX |  | XX | XX B |  | A | B | B |  | A | B |  |
| 12025032651 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025041649 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025040400 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025031351 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025032389 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025040278 | XX | XX | XX |  | XX | XX C |  | A | C | B |  | A | B |  |
| 12025040883 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025041720 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025011802 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025020294 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025030556 | XX | XX | XX |  | XX | XX C |  | A | C | B |  | A | B |  |
| 12025021354 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025031798 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025031803 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025031793 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025031801 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025032360 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025041092 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025041671 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025041391 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025041424 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025041763 | XX | XX | XX |  | XX | XX C D |  | A | C D | A |  | A | A |  |
| 12025040998 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025050084 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025031809 | XX | XX | XX |  | XX | XX C D |  | A | C D | A |  | A | A |  |
| 12025021541 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025031208 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025031445 | XX | XX | XX |  | XX | XX D |  | A | D | B |  | A | B |  |
| 12025031768 | XX | XX | XX |  | XX | XX C D |  | A | C D | A |  | A | A |  |
| 12025031783 | XX | XX | XX |  | XX | XX C D |  | A | C D | A |  | A | A |  |
| 12025031805 | XX | XX | XX |  | XX | XX C D |  | A | C D | A |  | A | A |  |
| 12025030483 | XX | XX | XX |  | XX | XX B |  | A | B | B |  | A | B |  |
| 12025040325 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025040635 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025041444 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025041478 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025010681 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025040148 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025040320 | XX | XX | XX |  | XX | XX B |  | A | B | B |  | A | B |  |
| 12025040509 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025041608 | XX | XX | XX |  | XX | XX C |  | A | C | B |  | A | B |  |
| 12025041617 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025042624 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025031840 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025040369 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025010941 | XX | XX | XX |  | XX | XX C |  | A | C | B |  | A | B |  |
| 12025040751 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025041010 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025041945 | XX | XX | XX |  | XX | XX D |  | D | D | B |  | A | B |  |
| 12025042111 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025040992 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025041336 | XX | XX | XX |  | XX | XX D |  | A | D | B |  | A | B |  |
| 12025030810 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025041191 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025041008 | XX | XX | XX |  | XX | XX D |  | A | D | A |  | A | A |  |
| 32025040269 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025040270 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025041171 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025041254 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025041145 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025012001 | XX | XX | XX |  | XX | XX B |  | A | B | B |  | A | B |  |
| 12025030958 | XX | XX | XX |  | XX | XX C |  | A | C | B |  | A | B |  |
| 12025042731 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025021061 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025040029 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025042025 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025032622 | XX | XX | XX |  | XX | XX C |  | A | C | B |  | A | B |  |
| 12025020044 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025040457 | XX | XX | XX |  | XX | XX C |  | A | C | B |  | A | B |  |
| 12025041009 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025021199 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025021710 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025040467 | XX | XX | XX |  | XX | XX D |  | A | D | B |  | A | B |  |
| 12025032647 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025040938 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025021612 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025031932 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025040468 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025040238 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025031248 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025031251 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025032610 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025030050 | XX | XX | XX |  | XX | XX D |  | A | D | A |  | A | A |  |
| 12025031846 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025032133 | XX | XX | XX |  | XX | XX C D |  | A | C D | B |  | A | B |  |
| 12025032644 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025042043 | XX | XX | XX |  | XX | XX D |  | A | D | A |  | A | A |  |
| 12025040459 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025041880 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025041912 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025030159 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025030287 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025030813 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025032680 | XX | XX | XX |  | XX | XX C D |  | A | C D | A |  | A | A |  |
| 12025031946 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025042472 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12024121033 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025041494 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025041118 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025041868 | XX | XX | XX |  | XX | XX C D |  | D | D | A |  | A | A |  |
| 12025042189 | XX | XX | XX |  | XX | XX D |  | A | D | B |  | A | B |  |
| 12025021896 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025032034 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025031830 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025042378 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025041276 | XX | XX | XX |  | XX | XX B |  | A | B | B |  | A | B |  |
| 12025042254 | XX | XX | XX |  | XX | XX D |  | A | D | A |  | A | A |  |
| 12025041294 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025041458 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025040535 | XX | XX | XX |  | XX | XX D |  | A | D | A |  | A | A |  |
| 12025032503 | XX | XX | XX |  | XX | XX D |  | A | D | A |  | A | A |  |
| 12025042674 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025041980 | XX | XX | XX |  | XX | XX C D |  | A | C D | A |  | A | A |  |
| 12025040344 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025032502 | XX | XX | XX |  | XX | XX B |  | A | B | B |  | A | B |  |
| 12025021117 | XX | XX | XX |  | XX | XX C |  | A | C | B |  | A | B |  |
| 12025040864 | XX | XX | XX |  | XX | XX D |  | A | D | B |  | A | B |  |
| 12025040338 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025031955 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |
| 12025010275 | XX | XX | XX |  | XX | XX C |  | A | C | B |  | A | B |  |
| 12025031789 | XX | XX | XX |  | XX | XX C |  | A | C | A |  | A | A |  |
| 12025032238 | XX | XX | XX |  | XX | XX A |  | A | A | A |  | A | A |  |

---

## Exhibit 99.1

**Exhibit 99.1 Schedule 2**

![](ex99-1sch2_001.jpg)

**Exception Grades**

**Run Date - 6/XX/2025 10:13:57 AM**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan ID | **XX Loan ID** | **Customer Loan ID** | **Seller Loan 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** |
| 1993835 | XX | XX | XX |  | XXX | XXX | 1/XX/2025 2:42:01 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved an exception to use new rents without 2 months receipt of rent, just using lease and first months rent with deposit. Borrower informed us she has acquired a new tenant and will be sending a new lease effective on XX with proof of deposit and 1st months rent, for monthly rent of $2,295.XX. Current lease in file shows rent of $2,300.00 but expires 11/XX, appraisal shows 5/XX/25, but market rent is only $2.150.XX. | 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. |  | XX<br>XX | Reviewer Comment (2025-XX-21): Lender approved exception in file |  |  | 1/XX/2025 10:40:10 AM | 2 B | 1/XX/2025 | FL | Investment | Refinance - Rate/Term | B A |  | N/A | No |
| 1993842 | XX | XX | XX |  | XXX | XXX | 3/XX/2025 11:57:12 AM | 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 Reinspection Fee. Fee Amount of $250.00 exceeds tolerance of $0.XX. Insufficient or no cure was provided to the borrower. (XX) | No cure was provided. |  |  |  | Reviewer Comment (2025-XX-13): XX received valid COC with supporting document.<br>Buyer Comment (2025-XX-12): See trailing docs<br>Reviewer Comment (2025-XX-07): XX received COC dated 1/XX/25 stating "FEMA declaration- reiinspection fee added" however we would also require supporting document for the same. Kindly provide inspection report in order to verify or cure. Cure documents consist of Post CD,LOX,Copy of refund check and proof of mailing.<br>Buyer Comment (2025-XX-06): Please see attached VCOC XX was ordered once declared | 3/XX/2025 5:09:24 AM |  |  | 1 C A | 2/XX/2025 | CA | 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 |
| 1993842 | XX | XX | XX |  | XXX | XXX | 3/XX/2025 11:57:12 AM | 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: 01/XX/2025 <br> Disaster End Date: 01/XX/2025<br> Disaster Name: XX<br> Disaster Declaration Date: 01/XX/2025 | Appraisal completed prior to FEMA end date |  |  |  | Reviewer Comment (2025-XX-12): clear PDI provided<br>Buyer Comment (2025-XX-12): See attached PDI | 3/XX/2025 3:34:13 PM |  |  | 1 C A | 2/XX/2025 | CA | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| 12025021684 | XX | XX | XX |  | XXX | XXX | 3/XX/2025 7:09:59 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX | Fraud Report is missing in file. |  |  |  | Reviewer Comment (2025-XX-03): clear<br>Buyer Comment (2025-XX-01): Please find attached clear fraud guard. Thank you.<br>Buyer Comment (2025-XX-01): Please find clear Fraud Guard attached. Thank you. | 4/XX/2025 7:35:31 AM |  |  | 1 C A | 3/XX/2025 | FL | Primary | Refinance - Cash-out - Other | C B A | Exempt from ATR | Exempt from ATR | No |
| 12025021684 | XX | XX | XX |  | XXX | XXX | 3/XX/2025 7:09:59 PM | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 54.20683% exceeds Guideline total debt ratio of 50.00000%. | DTI 54.20683% exceeds max allowed 50% due to lender did not include student loan payment in DTI. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<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 has verified disposable income of at least $2500.XX. | Loan to Value: 54.30712%<br> Guideline Maximum Loan to Value: 70.00000%<br>Borrower has worked in the same position for more than 3 years.<br>Guidelines Representative FICO: 640<br> Representative FICO: 683 | Originator,XX<br>Originator,XX<br>Originator,XX<br>XX | Reviewer Comment (2025-XX-27): Waived with compensating factors per lender exception approval received in trailing documents.<br>Buyer Comment (2025-XX-27): Please waive to an exception grade of 2 due to the following compensating factors as follows:<br> LTV is at least 20% under the max ltv of 70%. Borrowers' mid fico is 40+ points over the minimum for this product/program.<br> Borrower has been self-employed for 29+ yrs. Residual income is over $7000k.<br>Buyer Comment (2025-XX-27): Please find exception for DTI over 50%. Thank you.<br>Reviewer Comment (2025-XX-27): The CPA letter referenced indicates that expense factor is 5-10%. Further, no lender approved exception received in trailing documents. This would be an exception to DTI, as the CPA letter expense factor of 10% will need to be utilized.<br>Buyer Comment (2025-XX-22): Please find updated 1003 with new income calculations reflected. Thank you.<br>Buyer Comment (2025-XX-22): Please find updated income calc & 1008. Thank you.<br>Buyer Comment (2025-XX-22): Please note: 5% expense factor used, and income updated, per CPA letter. Exception approved to use 5%, printed to file. Send back to TPR with new exception and income forms and updated 1008 and 1003. |  |  | 5/XX/2025 6:54:39 PM | 2 C B | 3/XX/2025 | FL | Primary | Refinance - Cash-out - Other | C B A | Exempt from ATR | Exempt from ATR | No |
| 12025021684 | XX | XX | XX |  | XXX | XXX | 3/XX/2025 7:09:59 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XX CPA Letter | Provide an up[dated CPA letter with correct state listed for the business. PA is currently listed on the CPA letter but all documents refer to Florida. CPA also to verify no affiliation/association with borrowers. |  |  |  | Reviewer Comment (2025-XX-29): clear<br>Buyer Comment (2025-XX-25): Please find email from underwriter/Broker regarding what the PA stands for of letter. Thank you. | 4/XX/2025 9:12:18 AM |  |  | 1 C A | 3/XX/2025 | FL | Primary | Refinance - Cash-out - Other | C B A | Exempt from ATR | Exempt from ATR | No |
| 12025021764 | XX | XX | XX |  | XXX | XXX | 3/XX/2025 7:09:59 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | CPA to verify the CPA firm has no affiliation/association with the borrower(s). |  |  |  | Reviewer Comment (2025-XX-15): Cleared.<br>Reviewer Comment (2025-XX-14): No information regarding affiliation or association found on CPA letter.<br>Buyer Comment (2025-XX-11): CPA letter<br>Reviewer Comment (2025-XX-04): No affiliation/association is required to come from CPA in writing.<br>Buyer Comment (2025-XX-02): XX states the CPA is not associated in any way the XX. | 4/XX/2025 12:12:24 PM |  |  | 1 C A | 3/XX/2025 | NC | Primary | Purchase | C B A | Exempt from ATR | Exempt from ATR | No |
| 12025021764 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 10:33:39 PM | 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 Application Fee. Fee Amount of $1,495.00 exceeds tolerance of $150.XX. Insufficient or no cure was provided to the borrower. (7306) | Zero percent fee tolerance exceeded. Only COC contained in file is for the rate lock; however, the increase in application fee is unable to be tied to this change. |  |  |  | Reviewer Comment (2025-XX-25): XX received Letter of Explanation, Proof of Delivery, Refund check & Corrected CD<br>Buyer Comment (2025-XX-25): please see tracking number and details-tracking # XX<br>Reviewer Comment (2025-XX-18): XX received LOE to borrower, Copy of Refund Check, proof of mailing, Corrected CD. FedEx tracking indicates label has been created, but package has not been shipped. Proof of mailing required to cure.<br>Buyer Comment (2025-XX-17): see attached cure docs<br>Reviewer Comment (2025-XX-10): XX require cure of $1,345 for application fee increase. Please provide cure documents which consist of PCCD, LOE, proof of mailing & copy of refund check.<br>Buyer Comment (2025-XX-09): can you please confirm the refund amount required to cure this |  | 4/XX/2025 9:08:43 AM |  | 2 B | 3/XX/2025 | NC | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Exempt from ATR | Exempt from ATR | No |
| 12025030373 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:30:21 PM | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided |  | Missing Hazard Insurance policy for subject property. |  |  |  | Reviewer Comment (2025-XX-07): clear<br>Buyer Comment (2025-XX-03): XX/-Please see Hazard Insurance Policy-XX in file with an estimated Reconstruction Cost of $XX | 4/XX/2025 8:36:20 AM |  |  | 1 C A | 3/XX/2025 | VA | Primary | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| 12025030373 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:30:21 PM | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided |  | January 2025 bank statement for XX #XX is missing in file. |  |  |  | Reviewer Comment (2025-XX-28): Clear<br>Buyer Comment (2025-XX-24): Please see your document - #XX as this statement for XX acct #XX was already uploaded for 1/XX/2025 - 1/XX/2025. Thank you.<br>Reviewer Comment (2025-XX-17): Guidelines require 12 months of most recent account statements.<br>Buyer Comment (2025-XX-15): Updated 1008/1003 reflecting updated income. Thank you.<br>Buyer Comment (2025-XX-15): Please find attached Jan 2025 XX business bank statement & updated income calc sheet. Thank you.<br>Buyer Comment (2025-XX-15): Please find attached Jan 2025 XX acct statement & updated mthly income figure. Thank you. | 4/XX/2025 9:21:43 AM |  |  | 1 C A | 3/XX/2025 | VA | Primary | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| 12025030373 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:30:21 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XX Account Statements - Business | January 2025 bank statement for XX #XX is missing in file. |  |  |  | Reviewer Comment (2025-XX-28): Clear<br>Buyer Comment (2025-XX-24): Please see your document - #XX as this statement for XX #XX was already uploaded for 1/XX/2025 - 1/XX/2025. Thank you.<br>Reviewer Comment (2025-XX-17): Guidelines require 12 months of most recent account statements.<br>Buyer Comment (2025-XX-15): Please find attached Jan 2025 XX business bank statement & updated income calc sheet. Thank you. | 4/XX/2025 9:21:27 AM |  |  | 1 C A | 3/XX/2025 | VA | Primary | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| 12025030373 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:30:21 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | January 2025 bank statement for XX #XX is missing in file. |  |  |  | Reviewer Comment (2025-XX-28): Clear<br>Buyer Comment (2025-XX-24): Please see your document - #XX as this statement for XX #XX was already uploaded for 1/XX/2025 - 1/XX/2025. Thank you.<br>Reviewer Comment (2025-XX-17): Guidelines require 12 months of most recent account statements.<br>Buyer Comment (2025-XX-15): Updated 1008/1003 reflecting updated income. Thank you.<br>Buyer Comment (2025-XX-15): Please find attached Jan 2025 XX business bank statement & updated income calc sheet. Thank you. | 4/XX/2025 9:21:10 AM |  |  | 1 C A | 3/XX/2025 | VA | Primary | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| 12025030373 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:30:21 PM | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien | TRID Final Closing Disclosure 03/XX/2025 on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Final/XX/XX/2025) | Seller closing disclosure is missing from file. |  |  |  | Reviewer Comment (2025-XX-07): XX received final settlement statement<br>Buyer Comment (2025-XX-03): XX-FSS | 4/XX/2025 7:25:17 AM |  |  | 1 C A | 3/XX/2025 | VA | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure A | Exempt from ATR | Exempt from ATR | No |
| 12025030373 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:30:21 PM | 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/XX/21/2025) | Closing Disclosure for 03/XX/2025 not provided to Borrower(s) at least three (3) business days prior to closing. |  |  |  | Reviewer Comment (2025-XX-07): clear<br>Buyer Comment (2025-XX-04): XX-Proof of Receipt of XX CD | 4/XX/2025 8:36:30 AM |  |  | 1 C A | 3/XX/2025 | VA | Primary | Purchase | No Defined Cure A | Exempt from ATR | Exempt from ATR | No |
| 12025030373 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:30:21 PM | Credit | Income | Income Error | Income | The Total Bank Statement Period months provided is less than the required # of Bank Statements required. | Borrower: XX // Employment Type: Employment / Income Type: Bank Statements / Start Date: 02/XX/2014 | January 2025 bank statement for XX #XX is missing in file. |  |  |  | Reviewer Comment (2025-XX-28): Clear<br>Reviewer Comment (2025-XX-28): Cleared with the 2025 statement. The only other statement for this account is from 2024.<br>Buyer Comment (2025-XX-24): Please see your document - #XX as this statement for XX #XX was already uploaded for 1/XX/2025 - 1/XX/2025. Thank you.<br>Reviewer Comment (2025-XX-07): Need XX statement dated 01/XX/2025.<br>Buyer Comment (2025-XX-03): Please find Fraud Guards attached. Thank you. | 4/XX/2025 9:18:10 AM |  |  | 1 C A | 3/XX/2025 | VA | Primary | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| 12025030373 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:30:21 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file |  | Full fraud report required. |  |  |  | Reviewer Comment (2025-XX-07): clear<br>Buyer Comment (2025-XX-03): Please find Fraud Guards attached. Thank you. | 4/XX/2025 8:26:13 AM |  |  | 1 C A | 3/XX/2025 | VA | Primary | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| 12025021407 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 6:28:52 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003/Declarations are incomplete: E. Will this property be subject to a lien that could take priority over the first mortgage lien, such as a clean energy lien paid through property taxes (e.XX., thexx)? reflects neither Yes nor No. Unable to determine eligibility without this information. | Borrower: XX | Borrower has not completed this section on the 1003. |  |  |  | Reviewer Comment (2025-XX-24): Executed updated 1003 provided.<br>Buyer Comment (2025-XX-23): 1003 | 4/XX/2025 12:26:56 PM |  |  | 1 C A | 3/XX/2025 | FL | Second Home | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| 12025031005 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 6:22:19 PM | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | AUS/Guideline Findings: All conditions were not met |  | The loan is considered to be a non-arm's length transaction between borrower and landlord. The file is missing the relationship letter, EMD source ($XX), current lease and 12 months rental payment history (missing rental payment for June, 2024). |  |  |  | Reviewer Comment (2025-XX-29): clear<br>Buyer Comment (2025-XX-25): Lease<br>Reviewer Comment (2025-XX-24): Letter and pay history received. Need a current lease.<br>Reviewer Comment (2025-XX-24): Received relationship letter. The following is still required per guidelines: current lease and 12 months rental history (missing rental payment for June 2024).<br>Buyer Comment (2025-XX-23): relation ship letter<br>Reviewer Comment (2025-XX-21): Tenant purchasing from landlord is considered a non arms length transaction. The following is required per guidelines; Relationship to be fully disclosed by borrower and it must state the reason for the purchase, A copy of the current lease with 12 months of rent payments to be verified. (Need June 2024 payment verified).<br>Buyer Comment (2025-XX-17): VOR<br>Buyer Comment (2025-XX-17): EM wire | 4/XX/2025 8:21:17 AM |  |  | 1 C A | 4/XX/2025 | TX | Primary | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| 12025021229 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:54:52 PM | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 67.06290% exceeds Guideline total debt ratio of 50.00000%. | The qualifying income for XX is $11,380.32, however, borrower owns 25% of this business and the file is missing evidence from the other owners for full access to funds. Income amount is based off the ownership percentage. |  |  |  | Reviewer Comment (2025-XX-15): clear<br>Reviewer Comment (2025-XX-08): The income you want to use is already accounted for in the 3 bank accounts used for the bank statement income. Cannot use the income twice.<br>Buyer Comment (2025-XX-07): see attached income worksheet<br>Reviewer Comment (2025-XX-05): Provide a detailed breakdown of what is being used for income.<br>Buyer Comment (2025-XX-01): see attached revised 1003/1008<br>Buyer Comment (2025-XX-01): 1008<br>Buyer Comment (2025-XX-01): revised 1003<br>Reviewer Comment (2025-XX-30): The income/padsplit deposits from the all of the properties is included with the bank statement income calculation. It cannot be used twice.<br>Buyer Comment (2025-XX-28): see attached doc with additional income from all 4 REO's and updated 1003/1008<br>Buyer Comment (2025-XX-28): Updated income | 5/XX/2025 8:58:47 AM |  |  | 1 C A | 4/XX/2025 | GA | Investment | Refinance - Rate/Term | C A | Exempt from ATR | N/A | No |
| 12025021229 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:54:52 PM | Credit | Missing Document | General | Missing Document | Missing Document: Rider - Acknowledgment and Waiver of Borrower's Rights not provided |  | The file is missing Georgia's Acknowledgment and Waiver of Borrower's Rights which provides the notary date and signature of the security instrument. |  |  |  | Reviewer Comment (2025-XX-22): clear<br>Buyer Comment (2025-XX-18): Waiver | 4/XX/2025 8:00:44 AM |  |  | 1 C A | 4/XX/2025 | GA | Investment | Refinance - Rate/Term | C A | Exempt from ATR | N/A | No |
| 12025021229 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:54:52 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | The qualifying income for XX is $11,380.32, however, borrower owns 25% of this business and the income is based off the ownership percentage. |  |  |  | Reviewer Comment (2025-XX-15): clear<br>Reviewer Comment (2025-XX-08): The income you want to use is already accounted for in the 3 bank accounts used for the bank statement income. Cannot use the income twice.<br>Buyer Comment (2025-XX-07): We have already submitted 12 months proof of rent receipts along with copy of the lease agreements as this is Short term rentals.<br>Buyer Comment (2025-XX-07): income worksheet for rental<br>Reviewer Comment (2025-XX-05): Provide a detailed breakdown of how income was calculated.<br>Buyer Comment (2025-XX-02): see attached revised 1003/1008<br>Reviewer Comment (2025-XX-30): The income/padsplit deposits from the all of the properties is included with the bank statement income calculation. It cannot be used twice.<br>Buyer Comment (2025-XX-28): see attached documents | 5/XX/2025 8:59:29 AM |  |  | 1 C A | 4/XX/2025 | GA | Investment | Refinance - Rate/Term | C A | Exempt from ATR | N/A | No |
| 12025022006 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XX | Missing most recent 1 year 4506-C for self-employed borrower |  |  |  | Reviewer Comment (2025-XX-07): clear<br>Buyer Comment (2025-XX-07): 4506-C | 5/XX/2025 1:14:06 PM |  |  | 1 C A | 4/XX/2025 | CA | Investment | Refinance - Cash-out - Other | C A | Exempt from ATR | N/A | No |
| 12025022006 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX | The fraud report is missing from the file. |  |  |  | Reviewer Comment (2025-XX-23): clear<br>Buyer Comment (2025-XX-21): Fraud | 4/XX/2025 8:32:05 AM |  |  | 1 C A | 4/XX/2025 | CA | Investment | Refinance - Cash-out - Other | C A | Exempt from ATR | N/A | No |
| 12025022006 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title search shows negative impact on title. |  | Judgment from the XX (XX, dba XX) for $XX was disclosed on the preliminary title policy. |  |  |  | Reviewer Comment (2025-XX-23): clear<br>Reviewer Comment (2025-XX-23): Provide evidence this was paid or is not borrowers. Judgments are required to be paid.<br>Buyer Comment (2025-XX-22): Final title<br>Buyer Comment (2025-XX-21): XX shows debt was paid in full | 4/XX/2025 12:36:29 PM |  |  | 1 C A | 4/XX/2025 | CA | Investment | Refinance - Cash-out - Other | C A | Exempt from ATR | N/A | No |
| 12025020036 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | 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 04/XX/2025 incorrectly disclosed whether the loan will have an escrow account. (Final/XX/07/2025) | The final closing disclosure did not disclose why borrower will not have an escrow account. |  |  |  | Reviewer Comment (2025-XX-23): XX received corrected PCCD and LOE<br>Buyer Comment (2025-XX-22): Please find attached PCCD with LOE. |  | 4/XX/2025 5:15:15 AM |  | 2 C B | 4/XX/2025 | NC | Second Home | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure B A | Exempt from ATR | Exempt from ATR | No |
| 12025020036 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | 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 Loan Discount Points. Fee Amount of $372.00 exceeds tolerance of $0.XX. Sufficient or excess cure was provided to the borrower at Closing. (XX) | Loan Discount Points increased from $0.00 to $372.00 without a valid change of circumstance. A cure for $372.00 was provided to borrower on the final closing disclosure. |  |  |  | Reviewer Comment (2025-XX-14): Sufficient Cure Provided At Closing |  | 4/XX/2025 2:35:24 PM |  | 1 A | 4/XX/2025 | NC | Second Home | Refinance - Cash-out - Other | Final CD evidences Cure B A | Exempt from ATR | Exempt from ATR | No |
| 12025011948 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 7:48:04 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX | Fraud Report is missing. |  |  |  | Reviewer Comment (2025-XX-24): Fraud report provided.<br>Buyer Comment (2025-XX-24): Fraud | 4/XX/2025 12:45:10 PM |  |  | 1 C A | 4/XX/2025 | SC | Primary | Refinance - Cash-out - Other | C A | Exempt from ATR | Exempt from ATR | No |
| 12025011948 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 7:48:04 PM | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Interim Closing Disclosure Timing Test | TILA-RESPA Integrated Disclosure – Corrected Closing Disclosure provided on or after 04/XX/2025 contains a change in APR and was not received by borrower at least three (3) business days prior to consummation | APR increased on the 04/XX/2025 CD, which would not have been at least 3 business days prior to closing. |  |  |  | Reviewer Comment (2025-XX-25): 4/XX/2025 CD received in trailing docs.<br>Buyer Comment (2025-XX-24): XX-E Summary<br>Reviewer Comment (2025-XX-24): A CD dated 4/XX/2025 was received in trailing docs; however, it is not signed by the borrower. Applying the 3 day mailbox rule, it would not have been received at least 3 business days prior to consummation. Please provide signed CD or evidence of electronic receipt by borrower at least 3 business days prior to consummation for review of this condition.<br>Buyer Comment (2025-XX-24): XX CD<br>Reviewer Comment (2025-XX-24): No XX CD located in loan file please provide XX CD for review.<br>Buyer Comment (2025-XX-23): The APR increased onXX @ XX% (executed by both parties and in the document list) and it closed onXX @ XX%. | 4/XX/2025 9:23:59 AM |  |  | 1 C A | 4/XX/2025 | SC | Primary | Refinance - Cash-out - Other | TRID timing exception, no remediation available. C A | Exempt from ATR | Exempt from ATR | No |
| 12025031464 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 7:48:04 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | The CPA letter did not verify that there is no affiliation with borrower or business. The verification of employment was not disclosed within 10 business days of the Note. | Borrower has verified disposable income of at least $2500.XX.<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. | Documentation Type: 12mo Bank Statement<br> Disposable Income: $86,574.64<br>Reserves: 23.17<br> Guideline Requirement: 6.00<br>DTI: 16.95318% <br> Guideline Maximum DTI: 45.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 740 | XX<br>XX<br>XX<br>XX | Reviewer Comment (2025-XX-30): Waived with compensating factors at clients request.<br>Buyer Comment (2025-XX-29): Lender accepts. Please waive with available compensating factors<br>Reviewer Comment (2025-XX-29): Cannot use post closing document to clear this.<br>Buyer Comment (2025-XX-25): email from CPA |  |  | 4/XX/2025 5:55:53 PM | 2 C B | 4/XX/2025 | AZ | Primary | Purchase | C B A | Exempt from ATR | Exempt from ATR | No |
| 12025031745 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:32:12 PM | 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/XX/08/2025) | Initial CD in file is dated 4/XX/2025; however, it is not signed by borrower. Applying 3 day mailbox rule, it was not received at least 3 business days prior to consummation. |  |  |  | Reviewer Comment (2025-XX-27): XX received XX CD 3 business days prior to consummation.<br>Buyer Comment (2025-XX-24): Please see attached Signed Initial CD dated XX. | 4/XX/2025 11:14:40 PM |  |  | 1 C A | 4/XX/2025 | CA | Primary | Purchase | No Defined Cure A | Exempt from ATR | Exempt from ATR | No |
| 12025031745 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:32:12 PM | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Revised Loan Estimate Timing Before Closing | TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on 04/XX/2025 not received by borrower at least four (4) business days prior to closing. (Interim/XX/04/2025) | Missing evidence of 04/XX/2025 Loan Estimate receipt, using mailbox method results in late delivery. |  |  |  | Reviewer Comment (2025-XX-30): XX received proof of receipt.<br>Buyer Comment (2025-XX-29): Please see attached signed LE dated XX. | 4/XX/2025 11:11:24 AM |  |  | 1 C A | 4/XX/2025 | CA | Primary | Purchase | No Defined Cure A | Exempt from ATR | Exempt from ATR | No |
| 12025031745 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:32:12 PM | 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 $170.00 exceeds tolerance of $144.00 plus 10% or $158.XX. Sufficient or excess cure was provided to the borrower at Closing. (0) |  |  |  |  | Reviewer Comment (2025-XX-16): Sufficient Cure Provided At Closing |  | 4/XX/2025 5:55:41 AM |  | 1 A | 4/XX/2025 | CA | Primary | Purchase | Final CD evidences Cure A | Exempt from ATR | Exempt from ATR | No |
| 12025021369 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:32:12 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: HOA Questionnaire not provided |  | The file is missing the HOA Questionnaire. |  |  |  | Reviewer Comment (2025-XX-28): Clear<br>Buyer Comment (2025-XX-24): condo questionnaire | 4/XX/2025 8:58:49 AM |  |  | 1 C A | 4/XX/2025 | FL | Investment | Refinance - Rate/Term | C A | Exempt from ATR | N/A | No |
| 12025021369 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:32:12 PM | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | Credit Report: Original // Public Record Type: Charge-offs / Balance: XX, Credit Report: Original // Public Record Type: Collections / Balance: XX | Unable to determine if credit debts were paid off. |  |  |  | Reviewer Comment (2025-XX-28): Cleared. XX debt included in ratios and the XX is included with reserves.<br>Reviewer Comment (2025-XX-28): Unable to determine the status of the 2 debts.<br>Buyer Comment (2025-XX-24): XX #$XX open end account; Borrower has sufficient assets to payoff debt; payment amount is not required<br>Buyer Comment (2025-XX-24): XX $XX | 4/XX/2025 2:32:42 PM |  |  | 1 B A | 4/XX/2025 | FL | Investment | Refinance - Rate/Term | C A | Exempt from ATR | N/A | No |
| 12025021369 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:32:12 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower/Guarantor to provide letter of explanation for the recent listing of the subject property. |  |  |  | Reviewer Comment (2025-XX-28): Clear<br>Buyer Comment (2025-XX-24): loe | 4/XX/2025 9:00:06 AM |  |  | 1 C A | 4/XX/2025 | FL | Investment | Refinance - Rate/Term | C A | Exempt from ATR | N/A | No |
| 12025021369 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:32:12 PM | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report Date: 04/XX/2025, Valuation Type: Appraisal / Valuation Report Date: 03/XX/2025 | The unit number provided on each 1004 is different than what is provided on the Note. |  |  |  | Reviewer Comment (2025-XX-07): clear<br>Buyer Comment (2025-XX-07): appraisal 2<br>Buyer Comment (2025-XX-07): appraisal 1 | 5/XX/2025 1:23:41 PM |  |  | 1 C A | 4/XX/2025 | FL | Investment | Refinance - Rate/Term | C A | Exempt from ATR | N/A | No |
| 12025021632 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:32:12 PM | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 2.11 is less than Guideline PITIA months reserves of 3.XX. |  |  |  |  | Reviewer Comment (2025-XX-12): clear<br>Buyer Comment (2025-XX-12): see attached hazard insurance and appraisal invoice paid by credit card;<br>Buyer Comment (2025-XX-12): Hazard Ins invoice<br>Buyer Comment (2025-XX-12): apraisal invoice | 5/XX/2025 2:46:22 PM |  |  | 1 C A | 4/XX/2025 | NY | Investment | Purchase | C A | Exempt from ATR | N/A | No |
| 12025021164 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:32:12 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception was approved for borrower living rent free with parents and stepparents. Compensating factors include residual income over $3,000, and no credit lates within the past 24 months. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower has verified disposable income of at least $2500.XX. | DTI: 19.12268% <br> Guideline Maximum DTI: 45.00000%<br>Documentation Type: 12mo CPA P&L<br> Disposable Income: $15,481.44 | XX<br>XX | Reviewer Comment (2025-XX-29): Waived with compensating factors at clients request.<br>Buyer Comment (2025-XX-25): Please waive to an exception grade of 2 due to the following compensating factors:<br> Lender exception was approved for borrower living rent free with parents and stepparents. Compensating factors include residual income over $3,000, and no credit lates within the past 24 months. Borrower also had excellent ratios of 18% & 20%. Thank you.<br>Buyer Comment (2025-XX-25): Please waive to an exception grade of 2 due to the following compensating factors:<br> Lender exception was approved for borrower living rent free with parents and stepparents. Compensating factors include residual income over $3,000, and no credit lates within the past 24 months. |  |  | 4/XX/2025 8:49:06 AM | 2 C B | 4/XX/2025 | CT | Primary | Purchase | C B A | Exempt from ATR | Exempt from ATR | No |
| 12025030429 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:32:12 PM | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of $XX is less than Guideline minimum loan amount of $XX. | Note loan amount of $XX is less than Guideline minimum loan amount of $XX. | Borrower has verified disposable income of at least $2500.XX.<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. | Documentation Type: 12mo Bank Statement<br> Disposable Income: $76,860.82<br>Reserves: 105.14<br> Guideline Requirement: 3.00<br>DTI: 6.92518% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 680<br> Representative FICO: 747 | XX<br>XX<br>XX<br>XX | Reviewer Comment (2025-XX-25): Waived with compensating factors per lender exception approval at origination.<br>Buyer Comment (2025-XX-23): exception |  |  | 4/XX/2025 7:26:18 AM | 2 C B | 4/XX/2025 | NC | Investment | Refinance - Cash-out - Other | C B A | Exempt from ATR | N/A | No |
| 12025030429 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:32:12 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide verification that the CPA has no affiliation with the borrower or the borrowers business. |  |  |  | Reviewer Comment (2025-XX-07): clear<br>Buyer Comment (2025-XX-06): cpa letter | 5/XX/2025 8:00:47 AM |  |  | 1 C A | 4/XX/2025 | NC | Investment | Refinance - Cash-out - Other | C B A | Exempt from ATR | N/A | No |
| 12025030443 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:19:13 PM | 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 $177.00 exceeds tolerance of $150.XX. Sufficient or excess cure was provided to the borrower at Closing. (7520) | Cure amount provided on final CD, file does not contain a valid COC for this fee, nor evidence of cure in file. |  |  |  | Reviewer Comment (2025-XX-18): Sufficient Cure Provided At Closing |  | 4/XX/2025 7:31:10 AM |  | 1 A | 4/XX/2025 | FL | Primary | Purchase | Final CD evidences Cure B A | Exempt from ATR | Exempt from ATR | No |
| 12025030443 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:19:13 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for borrower living rent free with parents. Compensating factors include B1's length of employment is more than 5 years, borrowers having at least 12 months reserves, 6 months more than the required minimum of 6, and residual income of more than $5,000.XX. | 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>Borrower has verified disposable income of at least $2500.XX. | Reserves: 78.94<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 680<br> Representative FICO: 785<br>Documentation Type: 12mo CPA P&L<br> Disposable Income: $22,223.35 | XX<br>XX<br>XX | Reviewer Comment (2025-XX-23): Waived with compensating factors per lender exception approval at origination. |  |  | 4/XX/2025 12:58:23 PM | 2 B | 4/XX/2025 | FL | Primary | Purchase | B A | Exempt from ATR | Exempt from ATR | No |
| 32025030961 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:19:13 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide verification that the CPA has no affiliation with the borrower or the business. |  |  |  | Reviewer Comment (2025-XX-06): Cleared with updated CPA letter.<br>Reviewer Comment (2025-XX-05): Cannot clear with post closing document.<br>Buyer Comment (2025-XX-01): CPA no affiliation attestation.<br>Reviewer Comment (2025-XX-28): This is a guideline requirement and is not able to be cancelled. The CPA must attest that they have no affiliation with the borrower or their business.<br>Buyer Comment (2025-XX-24): Please cancel as there is nothing in the file that leads to believe that they would be related. There are no Name or address similarities. | 5/XX/2025 8:20:39 AM |  |  | 1 C A | 4/XX/2025 | FL | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| 12025031224 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:03:15 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide evidence of borrowers current living situation. Both the initial 1003 and lender exception reflect rent free and final 1003 reflects that the borrower owns the property. Fraud report does not verify if the borrower is owner of the current primary residence. Property is listed as being owned by a Trust. | Borrower has verified disposable income of at least $2500.XX.<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. | Documentation Type: 12mo Bank Statement<br> Disposable Income: $29,077.85<br>Reserves: 25.10<br> Guideline Requirement: 3.00<br>DTI: 23.81564% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 680<br> Representative FICO: 721 | XX<br>XX<br>XX<br>XX | Reviewer Comment (2025-XX-29): Waived with compensating factors per lender exception approval at origination.<br>Buyer Comment (2025-XX-25): XX is the final 1003 that supports the Borrower has no primary housing expense and living rent free. Rent free letter and exception support the final 1003. |  |  | 4/XX/2025 8:42:48 AM | 2 C B | 4/XX/2025 | TX | Primary | Purchase | C B A | Exempt from ATR | Exempt from ATR | No |
| 12025031359 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:53:42 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX | Fraud Report is missing. |  |  |  | Reviewer Comment (2025-XX-30): clear<br>Buyer Comment (2025-XX-28): Fraud | 4/XX/2025 10:57:54 AM |  |  | 1 C A | 4/XX/2025 | MI | Primary | Refinance - Cash-out - Other | C B A | Exempt from ATR | Exempt from ATR | No |
| 12025031359 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:53:42 PM | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Interim Closing Disclosure Timing Test | TILA-RESPA Integrated Disclosure – Corrected Closing Disclosure provided on or after 04/XX/2025 contains a change in APR and was not received by borrower at least three (3) business days prior to consummation | The received closing disclosure is incomplete. |  |  |  | Reviewer Comment (2025-XX-07): 4-XX-25 CD, Doc ID XX, which blank page 5 loan calculations and tested as 0% did not reflect a change in APR from prior CD. 4-XX-25 CD reflects an APR .125% greater than the XX Final CD, however, the Finance Charge also decreased with APR and would confirm that finance charge was also overstated with APR and no 3 day waiting period would be required.<br>Buyer Comment (2025-XX-06): please clarify what do you mean by closing disclosure is incomplete- complete signed final CD is already uploaded in clarity\*\*please consider XX as the final CD (signed) please ignore or disregard CD (doc ID XX) | 5/XX/2025 9:10:08 AM |  |  | 1 C A | 4/XX/2025 | MI | Primary | Refinance - Cash-out - Other | TRID timing exception, no remediation available. C B A | Exempt from ATR | Exempt from ATR | No |
| 12025031359 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:53:42 PM | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of $XXis less than Guideline minimum loan amount of $XX. | Lender approved exception in file for loan amount of $XX being less than guideline minimum loan amount of $XX. | 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. | Loan to Value: 34.66667%<br> Guideline Maximum Loan to Value: 70.00000% | Originator Pre-Close,XX<br>XX | Reviewer Comment (2025-XX-25): Waived with compensating factors per lender exception approval at origination. |  |  | 4/XX/2025 8:36:30 PM | 2 B | 4/XX/2025 | MI | Primary | Refinance - Cash-out - Other | C B A | Exempt from ATR | Exempt from ATR | No |
| 12025031359 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:53:42 PM | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.94779% or Final Disclosure APR of 9.00600% is equal to or greater than the threshold of APOR 6.65% + 1.5%, or 8.15000%. Non-Compliant Higher Priced Mortgage Loan. | Loan is non-compliant HPML due to missing evidence of appraisal delivery three days prior to closing. |  |  |  | Reviewer Comment (2025-XX-08): Clear | 5/XX/2025 1:56:17 PM |  |  | 1 C A | 4/XX/2025 | MI | Primary | Refinance - Cash-out - Other | C B A | Exempt from ATR | Exempt from ATR | No |
| 12025031359 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:53:42 PM | Compliance | Compliance | Federal Compliance | Compliance | Federal HPML Appraisal - CDFI Not Exempt | TILA HPML Appraisal Rule (Dodd-Frank 2014): ATR Exempt CDFI loan does not qualify for exemption from Federal HPML Appraisal requirements under 1026.35(c)(2) due to loan failing one or more of the QM requirements under 1026.43(c)(2)(i)-(iii) or (vi) (Loan Feature, Loan Term, Points and Fees, or QM APOR Rate Threshold. |  |  |  |  | Reviewer Comment (2025-XX-08): Clear | 5/XX/2025 1:56:17 PM |  |  | 1 B A | 4/XX/2025 | MI | Primary | Refinance - Cash-out - Other | C B A | Exempt from ATR | Exempt from ATR | No |
| 12025031359 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:53:42 PM | 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/XX/08/2025) | Appraisal delivery not provided. |  |  |  | Reviewer Comment (2025-XX-08): Clear<br>Reviewer Comment (2025-XX-08): Need received date.<br>Buyer Comment (2025-XX-08): XX-Please see attached Appraisal Audit and Delivery Letter | 5/XX/2025 1:56:17 PM |  |  | 1 C A | 4/XX/2025 | MI | Primary | Refinance - Cash-out - Other | C B A | Exempt from ATR | Exempt from ATR | No |
| 12025031467 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:53:42 PM | 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 $1,045.00 exceeds tolerance of $950.XX. Insufficient or no cure was provided to the borrower. (XX) | The Appraisal Fee increased on the LE dated 04/XX/2025, with no valid change provided. |  |  |  | Reviewer Comment (2025-XX-06): XX Received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Buyer Comment (2025-XX-05): Please see attached check copy & tracking slip<br>Buyer Comment (2025-XX-05): Please see attached PCCD & LOA |  | 5/XX/2025 4:06:38 AM |  | 2 C B | 4/XX/2025 | CA | 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 | Exempt from ATR | Exempt from ATR | No |
| 12025030797 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 6:17:54 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The fraud report is missing for XX | Borrower has verified disposable income of at least $2500.XX.<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. | Documentation Type: 12mo Bank Statement<br> Disposable Income: $39,905.71<br>Reserves: 18.18<br> Guideline Requirement: 9.00<br>Guidelines Representative FICO: 680<br> Representative FICO: 724 | XX<br>XX<br>XX | Reviewer Comment (2025-XX-05): Waived with compensating factors at clients request.<br>Buyer Comment (2025-XX-01): Lender accepts. Please waive with available compensating factors<br>Reviewer Comment (2025-XX-01): Document provided is dated post-consummation. All credit/income documents are required to be dated on or before consummation date. If lender is accepting document, can request to waive condition.<br>Buyer Comment (2025-XX-29): trust added to Fraud |  |  | 5/XX/2025 7:55:16 AM | 2 C B | 4/XX/2025 | TX | Primary | Refinance - Cash-out - Other | C B A | Exempt from ATR | Exempt from ATR | No |
| 12025031622 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 6:17:54 PM | 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 $200.00 exceeds tolerance of $0.XX. Insufficient or no cure was provided to the borrower. (XX) | Appraisal Reinspection Fee was not disclosed on Loan Estimate. File does not contain a valid Change of Circumstance for this fee, nor evidence of cure. |  |  |  | Reviewer Comment (2025-XX-01): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception.<br>Buyer Comment (2025-XX-30): /XX-Please see Section J $XX Respa cure that is covering the Appraisal Reinspection Fee-no cure is required as this was cured at closing | 5/XX/2025 6:47:25 AM |  |  | 1 C A | 4/XX/2025 | DC | 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 | Exempt from ATR | Exempt from ATR | No |
| 12025031622 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 6:17:54 PM | Compliance | Compliance | Federal Compliance | Federal HPML | TIL Higher Priced Mortgage Loan Safe Harbor Test | TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. | Due to transferred appraisal. This is an EV2 that client can elect to waive. |  |  |  | Reviewer Comment (2025-XX-02): Clear.<br>Buyer Comment (2025-XX-30): XX-Transfer Letter | 5/XX/2025 8:41:34 AM |  |  | 1 B A | 4/XX/2025 | DC | Primary | Refinance - Cash-out - Other | C A | Exempt from ATR | Exempt from ATR | No |
| 12025031622 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 6:47:25 AM | 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 $200.00 exceeds tolerance of $0.XX. Sufficient or excess cure was provided to the borrower at Closing. (XX) |  |  |  |  | Reviewer Comment (2025-XX-01): Sufficient Cure Provided At Closing |  | 5/XX/2025 6:47:25 AM |  | 1 A | 4/XX/2025 | DC | Primary | Refinance - Cash-out - Other | Final CD evidences Cure A | Exempt from ATR | Exempt from ATR | No |
| 12025021278 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:20:59 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Final 1003 is missing in the file. |  |  |  | Reviewer Comment (2025-XX-02): clear<br>Buyer Comment (2025-XX-30): 1003 | 5/XX/2025 7:46:19 AM |  |  | 1 C A | 4/XX/2025 | SC | Primary | Refinance - Cash-out - Other | C A B | Exempt from ATR | Exempt from ATR | No |
| 12025021278 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:20:59 PM | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 |  | Initial 1003 is missing in the file. |  |  |  | Reviewer Comment (2025-XX-02): clear<br>Buyer Comment (2025-XX-30): Please see attached Initial 1003. | 5/XX/2025 7:46:31 AM |  |  | 1 B A | 4/XX/2025 | SC | Primary | Refinance - Cash-out - Other | C A B | Exempt from ATR | Exempt from ATR | No |
| 12025021278 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:20:59 PM | 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 $44.25 exceeds tolerance of $40.00 plus 10% or $44.XX. Sufficient or excess cure was provided to the borrower at Closing. (0) |  |  |  |  | Reviewer Comment (2025-XX-27): Sufficient Cure Provided At Closing |  | 4/XX/2025 11:28:20 PM |  | 1 A | 4/XX/2025 | SC | Primary | Refinance - Cash-out - Other | Final CD evidences Cure A B | Exempt from ATR | Exempt from ATR | No |
| 12025021278 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:20:59 PM | Compliance | Compliance | Miscellaneous Compliance | Missing Application Date | Alternate source used for application date |  | Alternative application Date in file. |  |  |  | Reviewer Comment (2025-XX-02): clear<br>Buyer Comment (2025-XX-30): Please see attached Initial 1003. | 5/XX/2025 7:46:46 AM |  |  | 1 B A | 4/XX/2025 | SC | Primary | Refinance - Cash-out - Other | C A B | Exempt from ATR | Exempt from ATR | No |
| 12025030584 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:50:58 PM | 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 $3,600.00 exceeds tolerance of $1,200.XX. Insufficient or no cure was provided to the borrower. (7200) | Loan Discount Points was last disclosed as $1200.00 on Loan Estimate but disclosed as $3,600.00 on Final Closing Disclosure. File does not contain a valid Changed Circumstance for this fee, no evidence of cure in file. |  |  |  | Reviewer Comment (2025-XX-21): XX received a valid COC.<br>Buyer Comment (2025-XX-20): Please find attached the COC and Closing Disclosure dated 05/XX/2025. The Loan Discount fee increased from $1,200 to $3,600, as reflected on the Closing Disclosure dated 05/XX/2025. | 5/XX/2025 3:43:33 AM |  |  | 1 C A | 5/XX/2025 | AZ | 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 | Exempt from ATR | Exempt from ATR | No |
| 12025030584 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:50:58 PM | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. |  | The Hazard Insurance policy disclosed Lender as XX. Please provide an updated policy to reflect the lender asXX, Its Successors and/or Assigns. |  |  |  | Reviewer Comment (2025-XX-11): clear<br>Buyer Comment (2025-XX-09): 06/XX/25-Corrected EOI reflecting XX<br>Reviewer Comment (2025-XX-03): The Mortgagee must reflect XX and not XX. Need the letter (S) at the end.<br>Buyer Comment (2025-XX-02): Please find XX pg with XX clause. Thank you. | 6/XX/2025 7:16:35 AM |  |  | 1 C A | 5/XX/2025 | AZ | Primary | Refinance - Cash-out - Other | C A | Exempt from ATR | Exempt from ATR | No |
| 12025041344 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:50:58 PM | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of $XX is less than the note amount of $XX based on the Commitment in file. | Title Policy Coverage is less than Original Loan Amount. |  |  |  | Reviewer Comment (2025-XX-04): clear<br>Buyer Comment (2025-XX-03): Please find Title reflecting the correct loan amount. Thank you. | 6/XX/2025 4:06:38 PM |  |  | 1 B A | 5/XX/2025 | UT | Primary | Refinance - Cash-out - Other | C B A | Exempt from ATR | Exempt from ATR | No |
| 12025041344 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:50:58 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Please provide evidence that the CPA has no affiliation with the borrower or the business. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower has verified disposable income of at least $2500.XX. | DTI: 19.06948% <br> Guideline Maximum DTI: 50.00000%<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: $58,690.24 | XX<br>XX | Reviewer Comment (2025-XX-09): Waived with compensating factors at clients request.<br>Buyer Comment (2025-XX-05): Please waive.<br>Reviewer Comment (2025-XX-04): Cannot be cleared with a post closing document.<br>Buyer Comment (2025-XX-03): Please find email / loe from tax professional who completed the initial letter confirming she has no business or personal affiliation. Thank you |  |  | 6/XX/2025 7:13:45 AM | 2 C B | 5/XX/2025 | UT | Primary | Refinance - Cash-out - Other | C B A | Exempt from ATR | Exempt from ATR | No |
| 12025041978 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | Provide evidence of HOI for the REO on XX. |  |  |  | Reviewer Comment (2025-XX-27): Per Lender, this vacant land and they do not require HOI.<br>Reviewer Comment (2025-XX-23): Condition has been updated with details as to income docs missing. A property being vacant land does not automatically mean it does not have HOI coverage. Evidence of HOI coverage or LOE from borrower stating there is no HOI policy on file is required for review of this condition.<br>Buyer Comment (2025-XX-21): Please update exception to provide what is missing? | 5/XX/2025 1:37:44 PM |  |  | 1 C A | 5/XX/2025 | AZ | Primary | Refinance - Cash-out - Other | C A | Exempt from ATR | Exempt from ATR | No |
| 12025041978 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Revised Loan Estimate Timing Before Closing | TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on 05/XX/2025 not received by borrower at least four (4) business days prior to closing. (Interim/XX/02/2025) | Revised Loan Estimate provided on 05/XX/2025 not received by borrower at least four (4) business days prior to closing. |  |  |  | Reviewer Comment (2025-XX-28): XX received proof of earlier electronic receipt<br>Buyer Comment (2025-XX-27): See attached | 5/XX/2025 9:04:17 AM |  |  | 1 C A | 5/XX/2025 | AZ | Primary | Refinance - Cash-out - Other | No Defined Cure A | Exempt from ATR | Exempt from ATR | No |
| 12025041978 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Missing insurance verification for REO property on XX |  |  |  | Reviewer Comment (2025-XX-27): Per lender, this is vacant land and they do not require HOI.<br>Reviewer Comment (2025-XX-23): A property being vacant land does not automatically mean it does not have HOI coverage. Evidence of HOI coverage or LOE from borrower stating there is no HOI policy on file is required for review of this condition.<br>Buyer Comment (2025-XX-21): XX reports property is vacant land; no hazard insurance. | 5/XX/2025 1:38:12 PM |  |  | 1 C A | 5/XX/2025 | AZ | Primary | Refinance - Cash-out - Other | C A | Exempt from ATR | Exempt from ATR | No |
| 12025041978 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XX Insurance Verification |  |  |  |  | Reviewer Comment (2025-XX-27): Per lender, this is vacant land and they do not require HOI.<br>Reviewer Comment (2025-XX-23): A property being vacant land does not automatically mean it does not have HOI coverage. Evidence of HOI coverage or LOE from borrower stating there is no HOI policy on file is required for review of this condition.<br>Buyer Comment (2025-XX-21): see XX; Property is vacant land. ; no hazard insurance. | 5/XX/2025 1:38:29 PM |  |  | 1 C A | 5/XX/2025 | AZ | Primary | Refinance - Cash-out - Other | C A | Exempt from ATR | Exempt from ATR | No |
| 12025031476 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Compliance | Compliance | State Compliance | Misc. State Level | Ohio Consumer Sales Practices Act (No Documentation of Tangible Net Benefit Analysis) | Ohio Consumer Sales Practices Act: Mortgage loan file does not contain documentation of the analysis of the borrower's reasonable tangible net benefit. | Mortgage loan file does not contain documentation of the analysis of the borrower's reasonable tangible net benefit. |  |  |  | Reviewer Comment (2025-XX-03): clear<br>Buyer Comment (2025-XX-03): Signed NTB form | 6/XX/2025 4:24:45 PM |  |  | 1 B A | 5/XX/2025 | OH | Primary | Refinance - Rate/Term | C A B | Exempt from ATR | Exempt from ATR | No |
| 12025031476 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Compliance | Compliance | Federal Compliance | Compliance | Federal HPML Appraisal - CDFI Not Exempt | TILA HPML Appraisal Rule (Dodd-Frank 2014): ATR Exempt CDFI loan does not qualify for exemption from Federal HPML Appraisal requirements under 1026.35(c)(2) due to loan failing one or more of the QM requirements under 1026.43(c)(2)(i)-(iii) or (vi) (Loan Feature, Loan Term, Points and Fees, or QM APOR Rate Threshold. | Evidence of appraisal receipt (3) days prior to close was not provided. |  |  |  | Reviewer Comment (2025-XX-12): Clear<br>Buyer Comment (2025-XX-11): See attached proof from borrower.<br>Reviewer Comment (2025-XX-09): Communication log reflects that the appraisal was sent out on 05/XX/2025 which contradicts the email provided.<br>Buyer Comment (2025-XX-05): Proof of XX Appraisal rcpt.<br>Reviewer Comment (2025-XX-28): Email to borrower does not reflect a date received, to determine that it was at least 3 business days prior to consummation. Further, this condition is in relation to the appraisal report dated 4/XX/2025.<br>Buyer Comment (2025-XX-23): Proof of Appraisal Rcpt | 6/XX/2025 2:25:27 PM |  |  | 1 B A | 5/XX/2025 | OH | Primary | Refinance - Rate/Term | C A B | Exempt from ATR | Exempt from ATR | No |
| 12025031476 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | 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 revised valuation to applicant three (3) business days prior to consummation. (Type:Primary/XX/30/2025) | Evidence of appraisal receipt (3) days prior to close was not provided. |  |  |  | Reviewer Comment (2025-XX-12): Clear<br>Buyer Comment (2025-XX-11): See attached proof<br>Reviewer Comment (2025-XX-28): Email to borrower does not reflect a date received, to determine that it was at least 3 business days prior to consummation. Further, this condition is in relation to the appraisal report dated 4/XX/2025.<br>Buyer Comment (2025-XX-23): Proof of Appraisal Rcpt | 6/XX/2025 2:25:27 PM |  |  | 1 B A | 5/XX/2025 | OH | Primary | Refinance - Rate/Term | C A B | Exempt from ATR | Exempt from ATR | No |
| 12025031476 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX, Credit Report: Original // Borrower: XX | Fraud report for borrowers is missing from the file. |  |  |  | Reviewer Comment (2025-XX-03): clear<br>Buyer Comment (2025-XX-02): Please find final fraud guard attached. Thank you.<br>Buyer Comment (2025-XX-02): Please find initial fraud guard attached. Thank you. | 6/XX/2025 4:23:10 PM |  |  | 1 C A | 5/XX/2025 | OH | Primary | Refinance - Rate/Term | C A B | Exempt from ATR | Exempt from ATR | No |
| 12025041380 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | 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 $4,087.00 exceeds tolerance of $2,433.00 plus 10% or $2,676.XX. Sufficient or excess cure was provided to the borrower at Closing. (0) | A cure was provided to borrower at closing. |  |  |  | Reviewer Comment (2025-XX-15): Sufficient Cure Provided At Closing |  | 5/XX/2025 12:46:57 PM |  | 1 A | 5/XX/2025 | FL | Primary | Purchase | Final CD evidences Cure A | Exempt from ATR | Exempt from ATR | No |
| 12025041380 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX | The fraud report is missing from the file. |  |  |  | Reviewer Comment (2025-XX-23): Received<br>Buyer Comment (2025-XX-21): Fraud | 5/XX/2025 10:51:03 AM |  |  | 1 C A | 5/XX/2025 | FL | Primary | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| 12025041555 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | 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/XX/13/2025) | 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-XX-26): XX received XX CD 3 business days prior to consummation.<br>Buyer Comment (2025-XX-23): Signed CD | 5/XX/2025 11:53:30 PM |  |  | 1 C A | 5/XX/2025 | TX | Primary | Purchase | No Defined Cure A | Exempt from ATR | Exempt from ATR | No |
| 12025041830 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX | Fraud Report not provided |  |  |  | Reviewer Comment (2025-XX-02): Clear<br>Buyer Comment (2025-XX-29): Please find final fraud guard attached. Thank you. | 6/XX/2025 7:37:06 AM |  |  | 1 C A | 5/XX/2025 | OR | Primary | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| 12025031588 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 7:56:59 PM | 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 $2,255.29 exceeds tolerance of $1,842.00 plus 10% or $2,026.XX. Sufficient or excess cure was provided to the borrower at Closing. (0) |  |  |  |  | Reviewer Comment (2025-XX-16): Sufficient Cure Provided At Closing |  | 5/XX/2025 4:03:10 AM |  | 1 A | 5/XX/2025 | WA | Primary | Refinance - Rate/Term | Final CD evidences Cure A | Exempt from ATR | Exempt from ATR | No |
| 12025032059 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Compliance | Compliance | Federal Compliance | TILA Right-XX-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 05/XX/2025, prior to three (3) business days from transaction date of 05/XX/2025. | Disbursement date: 05/XX/2025 Transaction date: 05/XX/2025 |  |  |  | Reviewer Comment (2025-XX-23): Final settlement statement reflecting disbursement date received in trailing docs.<br>Buyer Comment (2025-XX-21): Please see FSS on other condition. The file disbursed on 5.XX.2025 | 5/XX/2025 4:04:44 PM |  |  | 1 C A | 5/XX/2025 | CA | 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 B | Exempt from ATR | Exempt from ATR | No |
| 12025032059 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Compliance | Compliance | Federal Compliance | TILA Right-XX-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date | Truth in Lending Act: Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). | Notice of Right to Cancel Expiration date: 05/XX/2025 Disbursement date: 05/XX/2025 |  |  |  | Reviewer Comment (2025-XX-13): XX received Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form.<br>Buyer Comment (2025-XX-12): Please see attached LOX<br>Buyer Comment (2025-XX-11): Please see attached, updated RTC<br>Reviewer Comment (2025-XX-23): Disbursment date has no bearing on this condition. The dates on the provided RTC are incorrect based on when the loan closed. The transaction date reflects 5/XX/2025; however, our transaction date is 5/XX/2025. The following will be required to cure this condition: Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission, correcting the transaction date, and the expiration date must be at least 3 business days after receipt (evidenced by borrower signature) of the corrected NORTC by the borrower.<br>Buyer Comment (2025-XX-21): Please see attached FSS. The file disbursed on XX |  | 6/XX/2025 11:18:57 AM |  | 2 C B | 5/XX/2025 | CA | 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 B | Exempt from ATR | Exempt from ATR | No |
| 12025042453 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:17:43 PM | 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/XX/15/2025) | The file is missing the initial Closing Disclosure. |  |  |  | Reviewer Comment (2025-XX-23): XX received initial CD.<br>Buyer Comment (2025-XX-23): Please find attached requested document | 5/XX/2025 6:42:24 AM |  |  | 1 C A | 5/XX/2025 | FL | Primary | Purchase | No Defined Cure A | Exempt from ATR | Exempt from ATR | No |
| 12025042350 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:17:43 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file |  | The file contains the Alerts Summary only. The full fraud report is required. |  |  |  | Reviewer Comment (2025-XX-28): Received<br>Buyer Comment (2025-XX-23): Fraud | 5/XX/2025 6:43:17 PM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Purchase | C A | Exempt from ATR | N/A | No |
| 12025041179 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:17:43 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file |  | The file contains the Alerts Summary only. The full fraud report is required. |  |  |  | Reviewer Comment (2025-XX-28): Received<br>Buyer Comment (2025-XX-23): Fraud | 5/XX/2025 6:41:10 PM |  |  | 1 C A | 5/XX/2025 | OH | Primary | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| 12025040427 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | The condo review form is missing from the file. |  |  |  | Reviewer Comment (2025-XX-03): clear<br>Buyer Comment (2025-XX-30): Please find approval attached. Thank you. | 6/XX/2025 8:11:48 AM |  |  | 1 C A D | 5/XX/2025 | AZ | Second Home | Refinance - Cash-out - Other | D A | Exempt from ATR | Exempt from ATR | No |
| 12025040427 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Credit | Credit Documentation | Guideline | The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file. |  | The subject property is a second home. The guidelines require a full 12 month payment history in the loan file for the primary housing history, which is missing from the loan file. |  |  |  | Reviewer Comment (2025-XX-03): Clear<br>Buyer Comment (2025-XX-30): Please find VOR for Borrowers current primary but only resided for 1mth per VOR. Thank you.<br>Buyer Comment (2025-XX-30): Please find credit report attached showing next to last tradeline mortgage with "XX" closed in XX. rated for 48 mths thru XX. Borrower did a cash out and mtg is now with "XX" openedXX rate for only 1mth. Thank you. | 6/XX/2025 8:10:34 AM |  |  | 1 C A | 5/XX/2025 | AZ | Second Home | Refinance - Cash-out - Other | D A | Exempt from ATR | Exempt from ATR | No |
| 12025021902 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:33:35 PM | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  | Title policy amount is not provided on preliminary title report. |  |  |  | Reviewer Comment (2025-XX-10): clear<br>Buyer Comment (2025-XX-06): Title | 6/XX/2025 7:01:06 AM |  |  | 1 B A | 5/XX/2025 | CA | Investment | Purchase | C A | Exempt from ATR | N/A | No |
| 12025021902 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:33:35 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX |  |  |  |  | Reviewer Comment (2025-XX-02): Cleared.<br>Buyer Comment (2025-XX-29): Fraud | 6/XX/2025 7:42:27 AM |  |  | 1 C A | 5/XX/2025 | CA | Investment | Purchase | C A | Exempt from ATR | N/A | No |
| 12025030170 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 4:50:17 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Background Check not provided |  | Background Check/fraud report not provided. |  |  |  | Reviewer Comment (2025-XX-03): clear<br>Buyer Comment (2025-XX-02): See OFAC attached. Thank you. | 4/XX/2025 5:41:56 PM |  |  | 1 C A | 3/XX/2025 | PA | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025030170 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 4:50:17 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  |  |  |  |  | Reviewer Comment (2025-XX-15): Cleared<br>Buyer Comment (2025-XX-11): Please find attached final fraud guard with LLC run and cleared. Thank you.<br>Reviewer Comment (2025-XX-03): OFAC for the borrowing entity is not provided and is required.<br>Buyer Comment (2025-XX-02): Please find clear Fraud Guard attached. Thank you. | 4/XX/2025 8:24:53 AM |  |  | 1 C A | 3/XX/2025 | PA | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025030170 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 4:50:17 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | File is missing cancelled checks/bank statements evidencing timely payment to private lender for subject property. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700<br> Representative FICO: 759 | XX | Reviewer Comment (2025-XX-20): Waived with compensating factors per lender exception approval.<br>Buyer Comment (2025-XX-19): Please find exception attached. Please waive to an exception grade of 2 due to the following compensating factors: Borrowers fico is 40+ points over the min required. Borrower is an experienced landlord/Investor. See exception for additional comp factors. Thank you.<br>Reviewer Comment (2025-XX-16): VOR provided for the subject property is paid to a private individual. See doc XX<br>Buyer Comment (2025-XX-15): Please note VOR is from an LLC - NOT a private person. Thank you.<br>Reviewer Comment (2025-XX-12): Mortgage for subject property is being paid to a private lender. 12 months of bank statements or cancelled checks front and back are required along with a copy of the lease.<br>Buyer Comment (2025-XX-12): Please find attached clear VOM. Thank you. |  |  | 5/XX/2025 7:13:45 AM | 2 C B D | 3/XX/2025 | PA | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025021157 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:24:04 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The borrower is living rent free in their parent's home. The guidelines allow living rent free only in a marital home. |  |  |  | Reviewer Comment (2025-XX-15): Cleared with 1008. UW provided LOX stating reason for approving the loan with borrower living rent free with someone other than spouse.<br>Buyer Comment (2025-XX-14): Please see underwriters notes on 1008 attached. Thank you.<br>Reviewer Comment (2025-XX-11): Please provide an LOE from UW as to their discretion to allow the borrower to live rent free in other than the marital home.<br>Buyer Comment (2025-XX-08): Please see attached from our SVP's xx email confirming the guideline for this condition "At uw discretion". Thank you. | 4/XX/2025 6:08:48 PM |  |  | 1 C A | 3/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025021740 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:03:29 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Housing history for subject property indicates 2 x 30 x 6 and 1 x 30 x 12, which does not meet credit guidelines. | 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: 45.85<br> Guideline Requirement: 2.00<br>The DSCR of 1.27 is greater than the minimum required DSCR of 1.XX. | XX<br>XX,Originator | Reviewer Comment (2025-XX-30): Waived with compensating factors per lender exception approval.<br>Buyer Comment (2025-XX-28): Please find exception attached for lates. Please waive this exception grade to a 2 based on the following compensating factors:<br> Borrower has reserves of 27+ mths of piti. Borrowers dscr score is over 1.00%. Borrower is an experienced landlord property manager.<br> Loan has an excellent net tangible benefit to the Borrower of decreasing the rate from 11.75% to 7.99% on this rate & term refi. |  |  | 4/XX/2025 1:34:50 PM | 2 C B | 3/XX/2025 | TX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| 12025021973 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 6:28:52 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Note loan amount of $XX is less than Guideline minimum loan amount of $XX. Lender exception for Minimum loan amount is $XX to allow loan amount of $XX<br> Comp Factors:<br> 1. Reserves at least 6 months; 4 months > min 2<br> 2. Borrower's credit score is at least 40 points> min 700 | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700<br> Representative FICO: 784 | XX | Reviewer Comment (2025-XX-07): Waived with compensating factors per lender exception approval at origination. |  |  | 4/XX/2025 12:31:15 PM | 2 B | 3/XX/2025 | MO | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 12025021973 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 6:28:52 PM | Credit | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Subject is a refinance and property is listed for sale. |  | Borrower/Guarantor to provide letter of explanation for the recent listing of the subject property. |  |  |  | Reviewer Comment (2025-XX-21): Cleared with guideline Memo..<br>Buyer Comment (2025-XX-20): See credit memo, No longer required due to listing was removed prior to the application date.<br>Buyer Comment (2025-XX-20): credit memo<br>Reviewer Comment (2025-XX-07): OR in error.<br>Reviewer Comment (2025-XX-07): Duplicate exception. Original has been waived per lender exception. | 5/XX/2025 11:52:25 AM |  |  | 1 C A | 3/XX/2025 | MO | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 12025021973 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 6:28:52 PM | Credit | Credit | Credit Eligibility | Credit | Refi Purpose reflects Rate/Term and cash out is greater than the lesser of XX% of the loan amount or $XX. |  | Cash back exceeds 2% of the loan amount. |  |  |  | Reviewer Comment (2025-XX-21): Cleared. Loan was switched to cash out at some point in the process. The approval was originally used to determine loan type.<br>Buyer Comment (2025-XX-20): loan was changed to Cash out Refi<br>Buyer Comment (2025-XX-20): 1008<br>Buyer Comment (2025-XX-20): exception | 5/XX/2025 11:56:13 AM |  |  | 1 C A | 3/XX/2025 | MO | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 12025021893 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 6:28:52 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender Approved for exception: Borrower is living rent free with anyone other than spouse are not eligible however could be reviewed for exception.<br> Compensating factor Credit score is 700 and DSCR is greater than 1.XX. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700<br> Representative FICO: 743 | XX | Reviewer Comment (2025-XX-07): Waived with compensating factors per lender exception approval at origination. |  |  | 4/XX/2025 4:08:27 PM | 2 B | 3/XX/2025 | TX | Investment | Purchase | C B A |  | N/A | No |
| 12025021893 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 6:28:52 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Non-Owner Occupancy Declaration not provided |  | Provide fully completed Non Owner Occupancy Declaration document. Primary residence address is required and not provided on the document. |  |  |  | Reviewer Comment (2025-XX-10): clear.<br>Buyer Comment (2025-XX-08): Please find attached updated form reflecting Borrowers primary home. Thank you. | 4/XX/2025 8:37:25 AM |  |  | 1 C A | 3/XX/2025 | TX | Investment | Purchase | C B A |  | N/A | No |
| 12025010977 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 4:53:48 PM | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of $XX is less than the note amount of $XX based on the Commitment in file. |  |  |  |  | Reviewer Comment (2025-XX-18): clear<br>Reviewer Comment (2025-XX-11): Title commitment received is dated same day/time as commitment with insufficient coverage and does not reflect revision number on first page. Evidence of sufficient title policy coverage still required for review.<br>Buyer Comment (2025-XX-09): Please find the corrected Loan amount on Title. Thank you. | 4/XX/2025 7:05:31 AM |  |  | 1 B A | 3/XX/2025 | CT | Investment | Refinance - Rate/Term | D B A |  | N/A | No |
| 12025010977 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 4:53:48 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | File is missing verification of January and February 2025 primary residence rent payments required by lender when lease with is a private landlord. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 620<br> Representative FICO: 712 | XX | Reviewer Comment (2025-XX-09): Waived with compensating factors per lender exception approval.<br>Buyer Comment (2025-XX-07): Please see exception uploaded. Please waive to an exception grade of 2 based on the following compensating factors:<br> Borrowers' mid fico score is 40+ points over the minimum allowed for this product and program.<br> Borrowers ltv is 10% under the max permitted for the program/product. Thank you.<br>Buyer Comment (2025-XX-07): Please find VOR & loe from Borrower along with copy of lease.<br>Buyer Comment (2025-XX-07): Please find exception attached. |  |  | 4/XX/2025 10:31:03 AM | 2 C B D | 3/XX/2025 | CT | Investment | Refinance - Rate/Term | D B A |  | N/A | No |
| 12025010977 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 4:53:48 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Non-Owner Occupancy Declaration not provided |  | The Non-Owner Occupancy Certificate is not complete as Section 4A. is missing the principal residence address. |  |  |  | Reviewer Comment (2025-XX-09): clear<br>Buyer Comment (2025-XX-07): Please see attached | 4/XX/2025 10:31:58 AM |  |  | 1 C A | 3/XX/2025 | CT | Investment | Refinance - Rate/Term | D B A |  | N/A | No |
| 12025031187 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:15:03 PM | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Title Preliminary not provided |  | Only Page 1 of the Schedule A was provided. |  |  |  | Reviewer Comment (2025-XX-17): clear<br>Buyer Comment (2025-XX-15): Please find all pages of title search. Thank you. | 4/XX/2025 9:28:43 AM |  |  | 1 C A | 4/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025031187 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:15:03 PM | Credit | Loan Package Documentation | Closing / Title | Title | Title: Evidence of title is missing |  | Only Page 1 of the Schedule A was provided. |  |  |  | Reviewer Comment (2025-XX-17): clear<br>Buyer Comment (2025-XX-15): Please find prelim Title attached as final Title Policy has not yet been received. Thank you. | 4/XX/2025 9:28:53 AM |  |  | 1 C A | 4/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025031187 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:15:03 PM | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. |  | Only Page 1 of the Schedule A was provided. |  |  |  | Reviewer Comment (2025-XX-17): clear | 4/XX/2025 9:29:10 AM |  |  | 1 C A | 4/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025021392 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:15:03 PM | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  |  |  |  |  | Reviewer Comment (2025-XX-13): Received evidence borrower is owner of business funds used in qualification.<br>Reviewer Comment (2025-XX-02): The XX document shows he is an owner but does not verify he is the sole owner or owns 100%.<br>Buyer Comment (2025-XX-30): Please see XX.Org confirmation Borrower is 100% owner of assets in XX acct. Thank you.<br>Reviewer Comment (2025-XX-28): This pertains to the business account. Provide evidence of access to the XX Business account ending with XX.<br>Buyer Comment (2025-XX-24): See attached XX bank statement reflecting escrow withdraw on 2/XX/2025. Thank you.<br>Reviewer Comment (2025-XX-17): Unable to verify funds were transferred to the borrowers account. Documents only show funds in the Lawyers Trust account.<br>Buyer Comment (2025-XX-15): Please find confirmation attached of $XX. Thank you.<br>Buyer Comment (2025-XX-15): Please find confirmation of $XX received. Thank you. | 5/XX/2025 3:40:55 PM |  |  | 1 C A | 4/XX/2025 | FL | Investment | Purchase | C A |  | N/A | No |
| 12025021392 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:15:03 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide verification that the rent and security deposit of $XX for the subject property was transferred to the borrower at closing. |  |  |  | Reviewer Comment (2025-XX-28): clear<br>Buyer Comment (2025-XX-24): See attached XX bank statement reflecting escrow withdraw on 2/XX/2025. Thank you.<br>Reviewer Comment (2025-XX-17): Unable to verify funds were transferred to the borrowers account. Documents only show funds in the XX account.<br>Buyer Comment (2025-XX-15): Proof of tenant escrow receipt attached. Thank you. | 4/XX/2025 10:04:11 AM |  |  | 1 C A | 4/XX/2025 | FL | Investment | Purchase | C A |  | N/A | No |
| 12025021392 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:15:03 PM | 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%. | Max LTV is 75% with a DSCR of 0.XX. Need verification of the rent and security deposit being provided to borrower at closing and then the higher rent can be used. |  |  |  | Reviewer Comment (2025-XX-28): Cleared.<br>Reviewer Comment (2025-XX-17): Unable to use the $XX without verifying it was provided to borrower. Currently using the 1007 amount of $XX for rents. DSCR is below 1.XX.<br>Buyer Comment (2025-XX-15): Please note DSCR ratio confirmation uploaded to other conditions. UW utilized the $10k mthly rental amount hence DSCR ratio of 1.12%. Thank you. | 4/XX/2025 10:04:49 AM |  |  | 1 C A | 4/XX/2025 | FL | Investment | Purchase | C A |  | N/A | No |
| 12025030844 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 6:22:19 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Incorporation not provided |  |  |  |  |  | Reviewer Comment (2025-XX-28): clear<br>Buyer Comment (2025-XX-24): Please find Articles of Origination attached. Thank you.<br>Reviewer Comment (2025-XX-21): Actual Articles of Organization are required.<br>Buyer Comment (2025-XX-17): Please find attached XX attorneys' approval for the Borrowers corporation. Thank you. | 4/XX/2025 11:09:47 AM |  |  | 1 C A | 4/XX/2025 | MA | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025030344 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 6:22:19 PM | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Flood insurance coverage amount is insufficient. |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700<br> Representative FICO: 771 | XX | Reviewer Comment (2025-XX-14): Waived with compensating factors at clients request.<br>Reviewer Comment (2025-XX-14): Effective date of changes is 06/XX/2025.<br>Buyer Comment (2025-XX-14): XX-Flood Policy |  |  | 5/XX/2025 5:24:01 PM | 2 C B | 4/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 12025030344 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 6:22:19 PM | 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 exception requested to exceed the maximum LTV of 75% on a cashout and go to 80%. Compensating factors were cited as FICO 40+ points over the minimum required score for the maximum LTV of 75% and DSCR over 1.XX. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700<br> Representative FICO: 771 | XX | Reviewer Comment (2025-XX-16): Waived with compensating factors per lender exception approval at origination. |  |  | 4/XX/2025 3:39:12 PM | 2 B | 4/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 12025030344 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 6:22:19 PM | 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%. | Lender exception requested to exceed the maximum CLTV of 75% on a cashout and go to 80%. Compensating factors were cited as FICO 40+ points over the minimum required score for the maximum LTV of 75% and DSCR over 1.XX. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700<br> Representative FICO: 771 | XX | Reviewer Comment (2025-XX-16): Waived with compensating factors per lender exception approval at origination. |  |  | 4/XX/2025 3:49:30 PM | 2 B | 4/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 12025020823 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:54:52 PM | Credit | Missing Document | General | Missing Document | Missing Document: Source of Funds/Deposit not provided |  | The file contains a gift letter in the amount of $XX. The file does not contain the required documentation to verify either the funds were transferred to the borrower prior to closing or the donor gift check/wire to the closing agent. Note: The HUD does reflects gift funds of $XX, if this is the final amount of the gift funds, a corrected gift letter is required. |  |  |  | Reviewer Comment (2025-XX-30): clear<br>Buyer Comment (2025-XX-28): Additional gift letter attached. Thank you.<br>Buyer Comment (2025-XX-28): Please see all corrected gift letters, & proof of wire attached.<br>Reviewer Comment (2025-XX-24): Gift letters must match the gift amount. Total gift amount is $XX and gift letters total $XX.<br>Buyer Comment (2025-XX-22): Please see gift letters attached. Thank you! | 4/XX/2025 12:14:37 PM |  |  | 1 C A | 4/XX/2025 | NY | Investment | Purchase | C A |  | N/A | No |
| 12025021871 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:54:52 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Non-Owner Occupancy Declaration not provided |  | Non-Owner Occupancy Declaration did not have Section 3A or 3B completed. |  |  |  | Reviewer Comment (2025-XX-29): clear<br>Buyer Comment (2025-XX-25): Please see signature page #2 attached. Thank you.<br>Reviewer Comment (2025-XX-22): Copy provided is not signed.<br>Buyer Comment (2025-XX-18): Please see attached with sections 3A & 3B completed. Thank you.<br>Buyer Comment (2025-XX-18): Hi Situs, would you PLEASE advise what form exactly you are referring to. Thanks so much. | 4/XX/2025 11:01:45 AM |  |  | 1 C A | 4/XX/2025 | TX | Investment | Purchase | C A |  | N/A | No |
| 12025031613 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:54:52 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Appraiser to provide a rental income breakdown between main house and the ADU. |  |  |  | Reviewer Comment (2025-XX-16): clear<br>Buyer Comment (2025-XX-16): Please find attached updated commentary & breakdown on the 1007 for the XX rents. Thank you.<br>Reviewer Comment (2025-XX-22): A breakdown is required. The $XX is based off 3 comps that do not have an XX and the appraiser should also provide an amount specific for the XX.<br>Buyer Comment (2025-XX-18): Please also find attached explanation of how breakdown was derived by the Appraiser. Thank you.<br>Buyer Comment (2025-XX-18): Please find the update requested for rental income breakdown from Appraiser. Thank you. | 5/XX/2025 5:23:14 PM |  |  | 1 C A | 4/XX/2025 | FL | Investment | Purchase | C A |  | N/A | No |
| 12025020846 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:54:52 PM | Property | Property - Appraisal | Property Eligibility - Zoning and Usage | Property - Appraisal | Valuation Issue: Subject use is illegal for zoning. | Valuation Type: Appraisal / Valuation Report Date: 03/XX/2025 | Subject contains living space in a converted garage. Valuation notes that zoning does allow a duplex/2 single family residences; however, the use is illegal due to the fact that no permits were issued. |  |  |  | Reviewer Comment (2025-XX-29): clear<br>Buyer Comment (2025-XX-25): XX has those comments on pg XX Appraiser's response #4 and #5<br>Reviewer Comment (2025-XX-22): Per guidelines, the following is required from the appraiser verify the work is/was completed in a workman-like manner. The<br> appraisal must also include a cost to cure if applicable,<br>Buyer Comment (2025-XX-18): see attached email from UW regarding requirements in guidelines.<br>Buyer Comment (2025-XX-18): management email | 4/XX/2025 11:00:41 AM |  |  | 1 C A | 4/XX/2025 | ID | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025020846 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:54:52 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Full fraud report required with all red flags addressed. |  |  |  | Reviewer Comment (2025-XX-22): clear<br>Buyer Comment (2025-XX-18): Fraud | 4/XX/2025 10:38:42 AM |  |  | 1 C A | 4/XX/2025 | ID | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025021762 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Bylaws not provided |  | Bylaws for the borrowing entity were not provided. |  |  |  | Reviewer Comment (2025-XX-07): clear<br>Reviewer Comment (2025-XX-05): Guidelines require Bylaws.<br>Buyer Comment (2025-XX-01): By-Laws | 5/XX/2025 7:42:23 AM |  |  | 1 C A | 4/XX/2025 | FL | Investment | Purchase | C A |  | N/A | No |
| 12025021762 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // XX | Fraud report was not provided. |  |  |  | Reviewer Comment (2025-XX-23): Clear<br>Buyer Comment (2025-XX-21): Fraud | 4/XX/2025 10:45:47 AM |  |  | 1 C A | 4/XX/2025 | FL | Investment | Purchase | C A |  | N/A | No |
| 12025021762 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Fraud report was not provided. |  |  |  | Reviewer Comment (2025-XX-23): Clear<br>Buyer Comment (2025-XX-21): see attached Fraud | 4/XX/2025 10:45:53 AM |  |  | 1 C A | 4/XX/2025 | FL | Investment | Purchase | C A |  | N/A | No |
| 12025021845 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Final 1003 for xx is not provided. | The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XX | Reviewer Comment (2025-XX-24): Waived with compensating factors per lender request. |  |  | 4/XX/2025 6:24:22 PM | 2 C B | 4/XX/2025 | TX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025021845 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided |  | Credit Report and Fraud Report for xx is not provided. | The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XX | Reviewer Comment (2025-XX-24): Waived with compensating factors per lender request. |  |  | 4/XX/2025 6:24:30 PM | 2 D B | 4/XX/2025 | TX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025021845 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003 Error: Birth Date was not provided | Borrower: XX | Birth Date is not provided. | The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XX | Reviewer Comment (2025-XX-24): Waived with compensating factors per lender request. |  |  | 4/XX/2025 6:24:37 PM | 2 B | 4/XX/2025 | TX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025021845 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX | No evidence of fraud report in file. | The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XX | Reviewer Comment (2025-XX-24): Waived with compensating factors per lender request. |  |  | 4/XX/2025 6:24:48 PM | 2 C B | 4/XX/2025 | TX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025021845 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of Good Standing provided is not recent. |  |  |  | Reviewer Comment (2025-XX-23): Clear<br>Buyer Comment (2025-XX-21): Please find cert of good standing. Please accept although past 10 days from the Note. Thank you. | 4/XX/2025 11:00:21 AM |  |  | 1 C A | 4/XX/2025 | TX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025021845 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  |  |  |  |  | Reviewer Comment (2025-XX-23): Clear<br>Buyer Comment (2025-XX-21): Please find attached. Thank you | 4/XX/2025 11:00:37 AM |  |  | 1 C A | 4/XX/2025 | TX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025022088 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX | Full fraud report is required in the file |  |  |  | Reviewer Comment (2025-XX-28): clear<br>Buyer Comment (2025-XX-24): Please find attached final fraud guard for the borrower. Thank you. | 4/XX/2025 11:07:47 AM |  |  | 1 C A | 4/XX/2025 | AZ | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025022088 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Full Fraud Report is required in the file for all guarantors/borrowers. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 743 | XX | Reviewer Comment (2025-XX-28): Waived with compensating factors at clients request.<br>Buyer Comment (2025-XX-24): Please waive.<br>Reviewer Comment (2025-XX-23): Need for second guarantor .<br>Buyer Comment (2025-XX-21): Fraud Report attached |  |  | 4/XX/2025 11:05:34 AM | 2 C B | 4/XX/2025 | AZ | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025022088 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | 1003/credit application is required for second Guarantor. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 743 | XX | Reviewer Comment (2025-XX-28): Waived with compensating factors at clients request.<br>Buyer Comment (2025-XX-24): Please waive all guarantor conditions to an exception grade of 2 due to the following compensating factors:<br> Borrowers' fico score is 40+ points over the minimum required for program/product. <br> Borrowers ltv of 65% is less than the max permitted for this program/product. Borrower is an experienced property owner/landlord. Thank you. |  |  | 4/XX/2025 11:04:55 AM | 2 C B | 4/XX/2025 | AZ | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025022088 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided |  | Required for second Guarantor. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 743 | XX | Reviewer Comment (2025-XX-28): Waived with compensating factors at clients request.<br>Buyer Comment (2025-XX-24): Please waive all guarantor conditions to an exception grade of 2 due to the following compensating factors:<br> Borrowers' fico score is 40+ points over the minimum required for program/product. <br> Borrowers ltv of 65% is less than the max permitted for this program/product. Borrower is an experienced property owner/landlord. Thank you.<br>Reviewer Comment (2025-XX-23): Required for second guarantor.<br>Buyer Comment (2025-XX-21): Credit Report attached |  |  | 4/XX/2025 11:04:29 AM | 2 D B | 4/XX/2025 | AZ | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025022088 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file |  | Required for second Guarantor. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 743 | XX | Reviewer Comment (2025-XX-28): Waived with compensating factors at clients request.<br>Buyer Comment (2025-XX-24): Please waive all guarantor conditions to an exception grade of 2 due to the following compensating factors:<br> Borrowers' fico score is 40+ points over the minimum required for program/product. <br> Borrowers ltv of 65% is less than the max permitted for this program/product. Borrower is an experienced property owner/landlord. Thank you. |  |  | 4/XX/2025 11:04:06 AM | 2 C B | 4/XX/2025 | AZ | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025030859 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Full Fraud Report missing, only Alerts Summary Section provided. |  |  |  | Reviewer Comment (2025-XX-23): clear<br>Buyer Comment (2025-XX-21): Please find OFAC and fraud guard attached. Thank you!<br>Buyer Comment (2025-XX-21): Please find XX. | 4/XX/2025 11:18:54 AM |  |  | 1 C A | 4/XX/2025 | AZ | Investment | Refinance - Rate/Term | D A C |  | N/A | No |
| 12025030859 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | OFAC is missing in loan file |  |  |  | Reviewer Comment (2025-XX-23): clear<br>Buyer Comment (2025-XX-21): Please see OFAC pulled on XX. Thank you. | 4/XX/2025 11:19:02 AM |  |  | 1 C A | 4/XX/2025 | AZ | Investment | Refinance - Rate/Term | D A C |  | N/A | No |
| 12025030859 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX, Credit Report: Original // Borrower: XX | Fraud report is missing |  |  |  | Reviewer Comment (2025-XX-30): clear<br>Buyer Comment (2025-XX-30): Situs please note already cleared by you & already uploaded as XX. Please clear Thank you. | 4/XX/2025 12:38:19 PM |  |  | 1 C A | 4/XX/2025 | AZ | Investment | Refinance - Rate/Term | D A C |  | N/A | No |
| 12025030859 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Credit | Credit Documentation | Credit | OFAC was not checked and required per guidelines. | Credit Report: Original // Borrower: XX, Credit Report: Original // Borrower: XX | OFAC is missing in loan file |  |  |  | Reviewer Comment (2025-XX-30): clear<br>Buyer Comment (2025-XX-30): Used to clear ofac.Thank you. OFAC already cleared by you above. Thank you. | 4/XX/2025 12:38:34 PM |  |  | 1 C A | 4/XX/2025 | AZ | Investment | Refinance - Rate/Term | D A C |  | N/A | No |
| 12025030859 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Note Date: 04/XX/2025; Lien Position: 1 | Secondary valuation is missing. |  |  |  | Reviewer Comment (2025-XX-23): clear<br>Buyer Comment (2025-XX-21): Please find clear CDA appraisal. Thank you. | 4/XX/2025 11:20:50 AM |  |  | 1 D A | 4/XX/2025 | AZ | Investment | Refinance - Rate/Term | D A C |  | N/A | No |
| 12025030859 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Closing Statement provided was estimated and not the final. |  |  |  | Reviewer Comment (2025-XX-30): clear<br>Buyer Comment (2025-XX-28): Please find certified true & correct stamped HUD-1 attached. Thank you.<br>Reviewer Comment (2025-XX-23): Document is not signed or stamped true and certified.<br>Buyer Comment (2025-XX-21): Please find final HUD-1 attached. Thank you. | 4/XX/2025 12:36:23 PM |  |  | 1 C A | 4/XX/2025 | AZ | Investment | Refinance - Rate/Term | D A C |  | N/A | No |
| 12025030209 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  |  |  |  |  | Reviewer Comment (2025-XX-06): clear<br>Buyer Comment (2025-XX-05): Please see page #XX of Title previously sent reflecting correct loan amount of $XX. Thank you.<br>Reviewer Comment (2025-XX-29): Loan amount not found with title.<br>Buyer Comment (2025-XX-25): Please find the Title Policy with loan amount attached. Thank you. | 5/XX/2025 7:36:42 AM |  |  | 1 B A | 4/XX/2025 | CA | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 12025030209 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Business Purpose | General | Business Purpose | Verification of Borrower's identity is missing. | Borrower: XX |  | 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: 48.78049%<br> Guideline Maximum Combined Loan to Value: 70.00000%<br>Loan to Value: 48.78049%<br> Guideline Maximum Loan to Value: 70.00000% | XX<br>XX | Reviewer Comment (2025-XX-29): Waived with compensating factors at clients request.<br>Buyer Comment (2025-XX-25): Please waive all related conditions for the non-borrowing grantor "XX" due to the following compensating factors:<br> Borrowers mid fico score is 40+ points higher than the minimum required for this program/product.<br> Borrowers dscr score is over 1.00%. Borrower has excellent ltv under max for this program/product of 49%. Borrower is an experienced landlord/property manager. Thank you. |  |  | 4/XX/2025 10:18:53 AM | 2 C B | 4/XX/2025 | CA | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 12025030209 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003 Error: Birth Date was not provided | Borrower: XX |  | 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: 48.78049%<br> Guideline Maximum Combined Loan to Value: 70.00000%<br>Loan to Value: 48.78049%<br> Guideline Maximum Loan to Value: 70.00000% | XX<br>XX | Reviewer Comment (2025-XX-29): Waived with compensating factors at clients request.<br>Buyer Comment (2025-XX-25): Please waive all related conditions for the non-borrowing grantor "XX" due to the following compensating factors:<br> Borrowers mid fico score is 40+ points higher than the minimum required for this program/product.<br> Borrowers dscr score is over 1.00%. Borrower has excellent ltv under max for this program/product of 49%. Borrower is an experienced landlord/property manager. Thank you. |  |  | 4/XX/2025 10:17:45 AM | 2 B | 4/XX/2025 | CA | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 12025030209 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Provided Closing Statement was estimated and not the final. |  |  |  | Reviewer Comment (2025-XX-29): clear<br>Buyer Comment (2025-XX-25): Please find the final HUD-1 attached. Thank you. | 4/XX/2025 10:23:09 AM |  |  | 1 C A | 4/XX/2025 | CA | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 12025030209 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Loan Application was not provided for co-borrower XX. | 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: 48.78049%<br> Guideline Maximum Combined Loan to Value: 70.00000%<br>Loan to Value: 48.78049%<br> Guideline Maximum Loan to Value: 70.00000% | XX<br>XX | Reviewer Comment (2025-XX-29): Waived with compensating factors at clients request.<br>Buyer Comment (2025-XX-25): Please waive all related conditions for the non-borrowing grantor "XX" due to the following compensating factors:<br> Borrowers mid fico score is 40+ points higher than the minimum required for this program/product.<br> Borrowers dscr score is over 1.00%. Borrower has excellent ltv under max for this program/product of 49%. Borrower is an experienced landlord/property manager. Thank you. |  |  | 4/XX/2025 10:17:05 AM | 2 C B | 4/XX/2025 | CA | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 12025030209 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX | Fraud report was not provided. | 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: 48.78049%<br> Guideline Maximum Combined Loan to Value: 70.00000%<br>Loan to Value: 48.78049%<br> Guideline Maximum Loan to Value: 70.00000% | XX<br>XX | Reviewer Comment (2025-XX-29): Waived with compensating factors at clients request.<br>Buyer Comment (2025-XX-25): Please waive all related conditions for the non-borrowing grantor "XX" due to the following compensating factors:<br> Borrowers mid fico score is 40+ points higher than the minimum required for this program/product.<br> Borrowers dscr score is over 1.00%. Borrower has excellent ltv under max for this program/product of 49%. Borrower is an experienced landlord/property manager. Thank you.<br>Reviewer Comment (2025-XX-24): XX is not included on the original Fraud report.<br>Buyer Comment (2025-XX-22): Attached find the Fraud Report - this was provided in the original upload of this file. Please clear. |  |  | 4/XX/2025 10:16:08 AM | 2 C B | 4/XX/2025 | CA | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 12025030209 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:51:58 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Credit report was not provided for co-borrower XX. | 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: 48.78049%<br> Guideline Maximum Combined Loan to Value: 70.00000%<br>Loan to Value: 48.78049%<br> Guideline Maximum Loan to Value: 70.00000% | XX<br>XX | Reviewer Comment (2025-XX-29): Waived with compensating factors at clients request.<br>Buyer Comment (2025-XX-25): Please waive all related conditions for the non-borrowing grantor "XX" due to the following compensating factors:<br> Borrowers mid fico score is 40+ points higher than the minimum required for this program/product.<br> Borrowers dscr score is over 1.00%. Borrower has excellent ltv under max for this program/product of 49%. Borrower is an experienced landlord/property manager. Thank you. |  |  | 4/XX/2025 10:15:24 AM | 2 C B | 4/XX/2025 | CA | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 12024110301 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 7:48:04 PM | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided |  | Appraisal report is missing |  |  |  | Reviewer Comment (2025-XX-22): clear<br>Reviewer Comment (2025-XX-22): Full appraisal not provided.<br>Buyer Comment (2025-XX-22): appraisal<br>Buyer Comment (2025-XX-22): 1004D | 4/XX/2025 2:24:18 PM |  |  | 1 D A | 4/XX/2025 | CA | Investment | Refinance - Rate/Term | D A |  | N/A | No |
| 12024110301 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 7:48:04 PM | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal is missing. Sec ID: 1 | Note Date: 04/XX/2025; Lien Position: 1 | Appraisal is missing |  |  |  | Reviewer Comment (2025-XX-22): clear<br>Reviewer Comment (2025-XX-22): Full appraisal not provided.<br>Buyer Comment (2025-XX-22): appraisal | 4/XX/2025 2:20:52 PM |  |  | 1 D A | 4/XX/2025 | CA | Investment | Refinance - Rate/Term | D A |  | N/A | No |
| 12024110301 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 7:48:04 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | Disaster Name: SEVERE WINTER STORMS, STRAIGHT-LINE WINDS, FLOODING, LANDSLIDES, AND MUDSLIDES<br> Disaster Declaration Date: 04/XX/2023<br> Disaster End Date: 07/XX/2023 | The Property is located in a FEMA disaster area. Provide a post-disaster inspection verifying there were no damage. The inspection must include exterior photos and the property must be re-inspected on or after 07/XX/2023 declared / end date. |  |  |  | Reviewer Comment (2025-XX-22): clear<br>Reviewer Comment (2025-XX-22): Full appraisal and/or PDI is not provided.<br>Buyer Comment (2025-XX-22): see attached appraisal and 1004D | 4/XX/2025 2:21:09 PM |  |  | 1 C A | 4/XX/2025 | CA | Investment | Refinance - Rate/Term | D A |  | N/A | No |
| 12024110301 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 7:48:04 PM | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Provide the final Closing Statement fully executed by the borrower or stamped true and certified with signature from title representative. Copy provided is an estimate. |  |  |  | Reviewer Comment (2025-XX-27): Received<br>Reviewer Comment (2025-XX-24): The final provided is not executed by the borrower.<br>Buyer Comment (2025-XX-23): Final SS<br>Reviewer Comment (2025-XX-22): All HUD and/or closing statements are estimates.<br>Buyer Comment (2025-XX-22): Final | 4/XX/2025 9:42:07 AM |  |  | 1 C A | 4/XX/2025 | CA | Investment | Refinance - Rate/Term | D A |  | N/A | No |
| 12025040025 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 7:48:04 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX | Fraud report not provided. |  |  |  | Reviewer Comment (2025-XX-24): clear<br>Buyer Comment (2025-XX-22): Fraud | 4/XX/2025 10:31:07 AM |  |  | 1 C A | 4/XX/2025 | TX | Investment | Purchase | C A |  | N/A | No |
| 12025040025 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 7:48:04 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Fraud Report not provided. |  |  |  | Reviewer Comment (2025-XX-24): clear<br>Buyer Comment (2025-XX-22): see attached Fraud | 4/XX/2025 10:30:59 AM |  |  | 1 C A | 4/XX/2025 | TX | Investment | Purchase | C A |  | N/A | No |
| 12025040025 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 7:48:04 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of Good Standing for XX LLC is missing from file. |  |  |  | Reviewer Comment (2025-XX-07): clear<br>Buyer Comment (2025-XX-06): account status | 5/XX/2025 7:39:30 AM |  |  | 1 C A | 4/XX/2025 | TX | Investment | Purchase | C A |  | N/A | No |
| 12025030699 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 7:48:04 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX |  |  |  |  | Reviewer Comment (2025-XX-24): Cleared.<br>Buyer Comment (2025-XX-22): Fraud | 4/XX/2025 8:54:53 AM |  |  | 1 C A | 4/XX/2025 | TN | Investment | Refinance - Cash-out - Other | D A C |  | N/A | No |
| 12025030699 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 7:48:04 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  |  |  |  |  | Reviewer Comment (2025-XX-24): Cleared<br>Buyer Comment (2025-XX-22): see attached Fraud | 4/XX/2025 8:55:00 AM |  |  | 1 C A | 4/XX/2025 | TN | Investment | Refinance - Cash-out - Other | D A C |  | N/A | No |
| 12025030699 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 7:48:04 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  |  |  |  |  | Reviewer Comment (2025-XX-24): Received<br>Buyer Comment (2025-XX-24): XX<br>Reviewer Comment (2025-XX-24): Required for business entity.<br>Buyer Comment (2025-XX-22): see attached Fraud | 4/XX/2025 5:44:45 PM |  |  | 1 C A | 4/XX/2025 | TN | Investment | Refinance - Cash-out - Other | D A C |  | N/A | No |
| 12025030699 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 7:48:04 PM | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Note Date: 04/XX/2025; Lien Position: 1 | Desk Review is missing. |  |  |  | Reviewer Comment (2025-XX-24): Cleared<br>Buyer Comment (2025-XX-22): CDA | 4/XX/2025 8:59:15 AM |  |  | 1 D A | 4/XX/2025 | TN | Investment | Refinance - Cash-out - Other | D A C |  | N/A | No |
| 12025030699 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 7:48:04 PM | Credit | Missing Document | General | Missing Document | Missing Document: Desk Review not provided |  | Desk Review is missing. |  |  |  | Reviewer Comment (2025-XX-24): Cleared<br>Buyer Comment (2025-XX-22): see attached CDA | 4/XX/2025 8:59:22 AM |  |  | 1 C A | 4/XX/2025 | TN | Investment | Refinance - Cash-out - Other | D A C |  | N/A | No |
| 12025032144 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:32:12 PM | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | File is missing final closing statement. |  |  |  | Reviewer Comment (2025-XX-28): clear<br>Buyer Comment (2025-XX-24): Final | 4/XX/2025 10:58:05 AM |  |  | 1 C A | 4/XX/2025 | CA | Investment | Purchase | C B A |  | N/A | No |
| 12025032144 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:32:12 PM | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy effective date is after the funds disbursed. | Hazard Insurance Policy Effective Date 04/XX/2025; Disbursement Date: 04/XX/2025; Note Date: 04/XX/2025; Transaction Date: 04/XX/2025 | Hazard Insurance Policy Effective Date of 04/XX/2025 is after the Disbursement Date of 04/XX/2025. | 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%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 9.41<br> Guideline Requirement: 2.00<br>Loan to Value: 38.46154%<br> Guideline Maximum Loan to Value: 65.00000%<br>Guidelines Representative FICO: 640<br> Representative FICO: 765 | XX<br>XX<br>XX | Reviewer Comment (2025-XX-28): Waived with compensating factors at clients request.<br>Buyer Comment (2025-XX-28): Lender accepts. Please waive with available compensating factors |  |  | 4/XX/2025 10:59:20 AM | 2 C B | 4/XX/2025 | CA | Investment | Purchase | C B A |  | N/A | No |
| 12025032144 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:32:12 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception is provided for the borrower living rent free with family with compensating factors of FICO 40+ points over the minimum required score for LTV requested and for the LTV being more than 10% below the max allowed for the borrower's FICO. | 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%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 9.41<br> Guideline Requirement: 2.00<br>Loan to Value: 38.46154%<br> Guideline Maximum Loan to Value: 65.00000%<br>Guidelines Representative FICO: 640<br> Representative FICO: 765 | XX<br>XX<br>XX | Reviewer Comment (2025-XX-28): Waived with compensating factors per lender exception approval.<br>Buyer Comment (2025-XX-24): exception |  |  | 4/XX/2025 11:01:34 AM | 2 C B | 4/XX/2025 | CA | Investment | Purchase | C B A |  | N/A | No |
| 12025031129 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:32:12 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  |  |  |  |  | Reviewer Comment (2025-XX-24): Received<br>Buyer Comment (2025-XX-23): Fraud Report Attached | 4/XX/2025 5:38:40 PM |  |  | 1 C A | 4/XX/2025 | CA | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| 12025031129 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:32:12 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | OFAC is missing for the business entity and 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 representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 74.15<br> Guideline Requirement: 2.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 770 | XX<br>XX | Reviewer Comment (2025-XX-29): Waived with compensating factors at clients request.<br>Buyer Comment (2025-XX-25): Lender accepts. Please waive with available compensating factors<br>Reviewer Comment (2025-XX-24): Received fraud report; however, xx, who signed loan documents, is not reflected in the OFAC searches. Please provide OFAC for this individual, as guidelines require OFAC on all parties to the transaction.<br>Buyer Comment (2025-XX-23): see attached fraud report |  |  | 4/XX/2025 10:45:35 AM | 2 C B | 4/XX/2025 | CA | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| 12025031129 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:32:12 PM | Credit | Credit | Credit Documentation | Credit | OFAC was not checked and required per guidelines. | Credit Report: Original // Borrower: XX |  |  |  |  | Reviewer Comment (2025-XX-24): Received<br>Buyer Comment (2025-XX-23): see attached fraud report | 4/XX/2025 5:39:31 PM |  |  | 1 C A | 4/XX/2025 | CA | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| 12025031129 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:32:12 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX |  |  |  |  | Reviewer Comment (2025-XX-24): Received<br>Buyer Comment (2025-XX-23): see attached fraud report | 4/XX/2025 5:39:22 PM |  |  | 1 C A | 4/XX/2025 | CA | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| 12025031129 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:32:12 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Photo ID was not provided for xx. | 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: 74.15<br> Guideline Requirement: 2.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 770 | XX<br>XX | Reviewer Comment (2025-XX-24): Waived with compensating factors per lender request.<br>Buyer Comment (2025-XX-24): Lender accepts. Please waive with available compensating factors |  |  | 4/XX/2025 5:40:06 PM | 2 C B | 4/XX/2025 | CA | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| 12025031129 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:32:12 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003 Error: Birth Date was not provided | Borrower: XX | Signed as member only. Not 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. | Reserves: 74.15<br> Guideline Requirement: 2.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 770 | XX<br>XX | Reviewer Comment (2025-XX-24): Waived with compensating factors per lender request.<br>Buyer Comment (2025-XX-24): Lender accepts. Please waive with available compensating factors |  |  | 4/XX/2025 5:40:40 PM | 2 B | 4/XX/2025 | CA | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| 12025031129 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:32:12 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Spousal Consent Form not provided |  | Spousal consent was not 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. | Reserves: 74.15<br> Guideline Requirement: 2.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 770 | XX<br>XX | Reviewer Comment (2025-XX-24): Waived with compensating factors per lender request.<br>Buyer Comment (2025-XX-24): Lender accepts. Please waive with available compensating factors |  |  | 4/XX/2025 5:40:51 PM | 2 C B | 4/XX/2025 | CA | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| 12025031129 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:32:12 PM | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Provide the final Closing Statement fully executed by the borrower or stamped true and certified with signature from title representative. Copy provided is an estimate. |  |  |  | Reviewer Comment (2025-XX-24): Received<br>Buyer Comment (2025-XX-24): final | 4/XX/2025 5:42:03 PM |  |  | 1 C A | 4/XX/2025 | CA | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| 12025031355 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:32:12 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of Good Standing within 90 days of the Note date is missing in the loan file. | The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of 1.22 is greater than the minimum required DSCR of X.XX.XX.XX. | XX,Originator Pre-Close | Reviewer Comment (2025-XX-05): Waived with compensating factors at clients request.<br>Buyer Comment (2025-XX-01): Lender accepts. Please waive with available compensating factors<br>Reviewer Comment (2025-XX-01): Document provided is dated post-consummation. COGS dated prior to consummation, no more than 90 days old, is required for review of this condition.<br>Buyer Comment (2025-XX-29): COGS |  |  | 5/XX/2025 10:09:35 AM | 2 C B | 4/XX/2025 | CA | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 12025031355 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 9:32:12 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception approved at origination for no sold comps with ADU's. Compensating factors were cited as 40 points over the minimum score in the tier and DSCR ratio > 1.15%. | The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of 1.22 is greater than the minimum required DSCR of X.XX.XX.XX. | XX,Originator Pre-Close | Reviewer Comment (2025-XX-22): Waived with compensating factors per lender exception approval at origination. |  |  | 4/XX/2025 6:22:33 PM | 2 B | 4/XX/2025 | CA | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 12025032128 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:19:13 PM | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | The file contains an estimated closing statement only. A final executed HUD is required. |  |  |  | Reviewer Comment (2025-XX-28): clear<br>Buyer Comment (2025-XX-24): Please find final HUD-1 attached. Thank you. | 4/XX/2025 9:50:27 AM |  |  | 1 C A | 4/XX/2025 | CA | Investment | Purchase | C A |  | N/A | No |
| 12025032269 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:03:15 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  |  |  |  |  | Reviewer Comment (2025-XX-29): clear<br>Buyer Comment (2025-XX-25): Fraud | 4/XX/2025 10:49:13 AM |  |  | 1 C A | 4/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025032269 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:03:15 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | The file is missing the OFAC search for the borrowing business entity. |  |  |  | Reviewer Comment (2025-XX-02): clear<br>Buyer Comment (2025-XX-30): fraud<br>Reviewer Comment (2025-XX-29): Not verified with fraud report.<br>Buyer Comment (2025-XX-25): see attached Fraud | 5/XX/2025 9:07:48 AM |  |  | 1 C A | 4/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025020662 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:03:15 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender requested an exception which was approved to " Exception request for a borrower who lives rent free with her daughter." | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 19.85<br> Guideline Requirement: 2.00 | XX | Reviewer Comment (2025-XX-24): Waived with compensating factors per lender exception approval at origination. |  |  | 4/XX/2025 10:55:09 AM | 2 B | 4/XX/2025 | GA | Investment | Refinance - Rate/Term | D B A |  | N/A | No |
| 12025020662 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:03:15 PM | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete Note | Missing Document: Note - Subject Lien not provided |  | Available note document is not visible, please provide legible copy of note document. |  |  |  | Reviewer Comment (2025-XX-29): clear<br>Buyer Comment (2025-XX-28): Please find attached legible copy of the Note & Mtg. Thank you.<br>Buyer Comment (2025-XX-25): XX-Note | 4/XX/2025 11:07:48 AM |  |  | 1 D A | 4/XX/2025 | GA | Investment | Refinance - Rate/Term | D B A |  | N/A | No |
| 12025020662 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:03:15 PM | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided |  | Available security instrument document is not visible, please provide legible copy of security instrument. |  |  |  | Reviewer Comment (2025-XX-29): clear<br>Buyer Comment (2025-XX-28): Please find attached legible copies of the Note & Mtg.<br>Buyer Comment (2025-XX-28):XX-Deed | 4/XX/2025 11:07:56 AM |  |  | 1 D A | 4/XX/2025 | GA | Investment | Refinance - Rate/Term | D B A |  | N/A | No |
| 12025021057 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:03:15 PM | 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 Exception Approved Max LTV 80% Mentioned in 1008 UW Comments as per Guidelines MAX LTV is 75% | The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of 1.05 is greater than the minimum required DSCR of 1.XX. | XX,Originator | Reviewer Comment (2025-XX-29): Waived with compensating factors per lender exception approval at origination.<br>Buyer Comment (2025-XX-25): Please find exception attached prior to closing for higher ltv @ 80%. Thank you |  |  | 4/XX/2025 10:42:48 AM | 2 C B | 4/XX/2025 | FL | Investment | Purchase | C B A |  | N/A | No |
| 12025021057 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:03:15 PM | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. |  | Provided Non-Owner Occupancy Certificate shows the Borrower address same the Subject Property Address. |  |  |  | Reviewer Comment (2025-XX-29): clear<br>Buyer Comment (2025-XX-25): Please find page #2 of form - Thank you.<br>Buyer Comment (2025-XX-25): Please find corrected Borrowers primary address reflected on form. Thank you. | 4/XX/2025 10:43:35 AM |  |  | 1 C A | 4/XX/2025 | FL | Investment | Purchase | C B A |  | N/A | No |
| 12025021633 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:53:42 PM | 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 exception approved at origination to allow 80% LTV vs. program maximum 70% LTV with DSCR 0.99-0.75 on cashout transaction. Compensating factors were cited as reserves minimum of 6 months or greater from borrower own funds and FICO 40+ points over minimum matrix tier. | 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: 16.13<br> Guideline Requirement: 2.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 771 | XX<br>XX | Reviewer Comment (2025-XX-25): Waived with compensating factors per lender exception approval at origination. |  |  | 4/XX/2025 9:12:18 AM | 2 B | 4/XX/2025 | GA | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 12025021633 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:53:42 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | OFAC search for borrowing business entity is missing. |  |  |  | Reviewer Comment (2025-XX-30): clear<br>Buyer Comment (2025-XX-28): OFac | 4/XX/2025 1:36:39 PM |  |  | 1 C A | 4/XX/2025 | GA | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 12025021633 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:53:42 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of Good Standing within 90 days of the Note date was not provided. Document provided in file is not dated. |  |  |  | Reviewer Comment (2025-XX-30): clear<br>Buyer Comment (2025-XX-28): COGS | 4/XX/2025 1:37:12 PM |  |  | 1 C A | 4/XX/2025 | GA | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 12025021633 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:53:42 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Non-Owner Occupancy Declaration not provided |  | Section 4A of the Certification of Non-Owner Occupancy Affidavit was not completed. |  |  |  | Reviewer Comment (2025-XX-30): clear<br>Buyer Comment (2025-XX-28): affadavit | 4/XX/2025 1:37:37 PM |  |  | 1 C A | 4/XX/2025 | GA | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 12025031225 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:53:42 PM | Credit | Business Purpose | General | Business Purpose | Verification of Borrower's identity is missing. | Borrower: XX |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 25.89<br> Guideline Requirement: 2.00 | XX | Reviewer Comment (2025-XX-30): Waived with compensating factors at clients request.<br>Buyer Comment (2025-XX-28): Lender accepts. Please waive with available compensating factors |  |  | 4/XX/2025 1:48:29 PM | 2 C B | 4/XX/2025 | TX | Investment | Refinance - Rate/Term | D B A |  | N/A | No |
| 12025031225 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:53:42 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003 Error: Birth Date was not provided |  | A 1003/credit application is required for all Guarantors. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 25.89<br> Guideline Requirement: 2.00 | XX | Reviewer Comment (2025-XX-30): Waived with compensating factors at clients request.<br>Buyer Comment (2025-XX-28): Lender accepts. Please waive with available compensating factors |  |  | 4/XX/2025 1:48:04 PM | 2 B | 4/XX/2025 | TX | Investment | Refinance - Rate/Term | D B A |  | N/A | No |
| 12025031225 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:53:42 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003 Error: Birth Date was not provided | Borrower: XX | A 1003/credit application is required for all Guarantors. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 25.89<br> Guideline Requirement: 2.00 | XX | Reviewer Comment (2025-XX-30): Waived with compensating factors at clients request.<br>Buyer Comment (2025-XX-28): Lender accepts. Please waive with available compensating factors |  |  | 4/XX/2025 1:47:36 PM | 2 B | 4/XX/2025 | TX | Investment | Refinance - Rate/Term | D B A |  | N/A | No |
| 12025031225 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:53:42 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Bylaws not provided |  |  |  |  |  | Reviewer Comment (2025-XX-30): clear<br>Buyer Comment (2025-XX-29): By-Laws | 4/XX/2025 1:49:56 PM |  |  | 1 C A | 4/XX/2025 | TX | Investment | Refinance - Rate/Term | D B A |  | N/A | No |
| 12025031225 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:53:42 PM | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided |  | A credit report is required for all Guarantors. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 25.89<br> Guideline Requirement: 2.00 | XX | Reviewer Comment (2025-XX-30): Waived with compensating factors at clients request.<br>Buyer Comment (2025-XX-28): Lender accepts. Please waive with available compensating factors |  |  | 4/XX/2025 1:47:07 PM | 2 D B | 4/XX/2025 | TX | Investment | Refinance - Rate/Term | D B A |  | N/A | No |
| 12025031225 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:53:42 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | Missing OFAC for second guarantor who signed the guarantor agreement. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 25.89<br> Guideline Requirement: 2.00 | XX | Reviewer Comment (2025-XX-30): Waived with compensating factors at clients request.<br>Buyer Comment (2025-XX-28): Lender accepts. Please waive with available compensating factors |  |  | 4/XX/2025 1:46:41 PM | 2 C B | 4/XX/2025 | TX | Investment | Refinance - Rate/Term | D B A |  | N/A | No |
| 12025031225 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:53:42 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX | Missing complete fraud report for second guarantor. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 25.89<br> Guideline Requirement: 2.00 | XX | Reviewer Comment (2025-XX-30): Waived with compensating factors at clients request.<br>Buyer Comment (2025-XX-28): Lender accepts. Please waive with available compensating factors |  |  | 4/XX/2025 1:46:24 PM | 2 C B | 4/XX/2025 | TX | Investment | Refinance - Rate/Term | D B A |  | N/A | No |
| 32025030926 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 8:53:42 PM | Property | Property - Appraisal | Property Eligibility - Zoning and Usage | Property - Appraisal | Valuation Issue: Subject use is illegal for zoning. | Valuation Type: Appraisal / Valuation Report Date: 02/XX/2025 | Subject zoning is illegal. Subject property has 2 additional kitchens. |  |  |  | Reviewer Comment (2025-XX-05): Clear.<br>Buyer Comment (2025-XX-01): Updated Appraisal with corrected Zoning Compliance.<br>Reviewer Comment (2025-XX-30): Please refer this back to the appraiser to see if they can update the zoning.<br>Buyer Comment (2025-XX-28): While we agree that Zone Compliance does indicate illegal due to the two additional kitchens, we believe this is an error. Site Section comments on page XX (XX) state the property conforms to current zoning regulations could be rebuilt with obtaining a zoning variance. In addition, the sketch on page XX nor any of the pictures reflect additional kitchens. We would request that this exception be cancelled. | 5/XX/2025 9:42:50 AM |  |  | 1 C A | 4/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025031358 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 6:17:54 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Non-Owner Occupancy Declaration not provided |  | Document provided is not fully completed with the address for the primary residence. |  |  |  | Reviewer Comment (2025-XX-01): Received<br>Buyer Comment (2025-XX-29): Affidavit | 5/XX/2025 10:15:52 AM |  |  | 1 C A | 4/XX/2025 | NY | Investment | Purchase | C A |  | N/A | No |
| 12025030484 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 6:17:54 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | Provide OFAC search for the borrowing entity. |  |  |  | Reviewer Comment (2025-XX-01): Received<br>Buyer Comment (2025-XX-29): ofac search | 5/XX/2025 10:31:19 AM |  |  | 1 C A | 4/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025030484 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 6:17:54 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Provide updated Certificate of Good Standing dated within 90 days of the Note date. |  |  |  | Reviewer Comment (2025-XX-06): clear<br>Buyer Comment (2025-XX-05): cogs | 5/XX/2025 7:41:07 AM |  |  | 1 C A | 4/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025021616 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:23:46 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX | Fraud report not provided |  |  |  | Reviewer Comment (2025-XX-05): Cleared.<br>Buyer Comment (2025-XX-01): Fraud report | 5/XX/2025 10:32:20 AM |  |  | 1 C A | 4/XX/2025 | NY | Investment | Purchase | C A |  | N/A | No |
| 12025021616 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:23:46 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  |  |  |  |  | Reviewer Comment (2025-XX-05): Cleared.<br>Buyer Comment (2025-XX-01): see attached Fraud | 5/XX/2025 10:32:28 AM |  |  | 1 C A | 4/XX/2025 | NY | Investment | Purchase | C A |  | N/A | No |
| 12025021616 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:23:46 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | OFAC not provided |  |  |  | Reviewer Comment (2025-XX-05): Cleared.<br>Buyer Comment (2025-XX-01): see attached fraud | 5/XX/2025 10:32:34 AM |  |  | 1 C A | 4/XX/2025 | NY | Investment | Purchase | C A |  | N/A | No |
| 12025021616 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:23:46 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Operating agreement not provided |  |  |  | Reviewer Comment (2025-XX-05): Cleared.<br>Buyer Comment (2025-XX-01): operating agreement | 5/XX/2025 10:32:44 AM |  |  | 1 C A | 4/XX/2025 | NY | Investment | Purchase | C A |  | N/A | No |
| 12025021616 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:23:46 PM | Credit | Credit | Credit Documentation | Credit | OFAC was not checked and required per guidelines. | Credit Report: Original // Borrower: XX | Required for all parties including the borrowing entity and Guarantors. |  |  |  | Reviewer Comment (2025-XX-05): Cleared.<br>Buyer Comment (2025-XX-01): Ofac search | 5/XX/2025 10:32:52 AM |  |  | 1 C A | 4/XX/2025 | NY | Investment | Purchase | C A |  | N/A | No |
| 12025032125 | XX | XX | XX |  | XXX | XXX | 4/XX/2025 5:17:21 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide a borrower executed or stamped true and certified final closing statement. |  |  |  | Reviewer Comment (2025-XX-06): clear<br>Buyer Comment (2025-XX-05): Final<br>Reviewer Comment (2025-XX-05): Document is required to be signed by the borrower or stamped true and certified by title company.<br>Buyer Comment (2025-XX-01): Final | 5/XX/2025 7:43:35 AM |  |  | 1 C A | 4/XX/2025 | GA | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 32025031417 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:58:58 PM | 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 |  | The Desk Review reflects the effective date as 03/XX/2025; however, the Appraisal effective date is 03/XX/2025. |  |  |  | Reviewer Comment (2025-XX-16): clear<br>Buyer Comment (2025-XX-14): Updated CDA to reflect the correct Appraisal Effective Date. | 5/XX/2025 8:49:18 AM |  |  | 1 C A | 4/XX/2025 | WI | Investment | Purchase | C A |  | N/A | No |
| 32025031417 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:58:58 PM | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Desk Review / Valuation Report Date: 03/XX/2025 | The CDA reflects a unit number of 510a; whereas, the Note does not reflect a unit number. |  |  |  | Reviewer Comment (2025-XX-16): clear<br>Buyer Comment (2025-XX-14): Updated CDA to reflect the correct property address. | 5/XX/2025 8:49:24 AM |  |  | 1 C A | 4/XX/2025 | WI | Investment | Purchase | C A |  | N/A | No |
| 12025030554 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:28:07 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  |  |  |  |  | Reviewer Comment (2025-XX-07): clear<br>Buyer Comment (2025-XX-07): ofac<br>Reviewer Comment (2025-XX-07): Provide OFAC for the borrowing entity.<br>Buyer Comment (2025-XX-06): see attached fraud | 5/XX/2025 1:18:53 PM |  |  | 1 C A | 4/XX/2025 | NY | Investment | Purchase | C A |  | N/A | No |
| 12025030554 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:28:07 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  |  |  |  |  | Reviewer Comment (2025-XX-07): clear<br>Buyer Comment (2025-XX-06): Fraud | 5/XX/2025 7:33:38 AM |  |  | 1 C A | 4/XX/2025 | NY | Investment | Purchase | C A |  | N/A | No |
| 12025030554 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:28:07 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX | Fraud report is not provided. |  |  |  | Reviewer Comment (2025-XX-07): clear<br>Buyer Comment (2025-XX-06): see attached fraud | 5/XX/2025 7:33:47 AM |  |  | 1 C A | 4/XX/2025 | NY | Investment | Purchase | C A |  | N/A | No |
| 12025021994 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:46:45 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower is living rent free with daughter. Lender exception in file. Compensating factors: FICO and reserves. | 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: 110.35<br> Guideline Requirement: 2.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 759 | XX<br>XX | Reviewer Comment (2025-XX-16): Waived with compensating factors per lender exception approval at origination. |  |  | 5/XX/2025 4:21:02 PM | 2 B | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| 12025032651 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:46:45 PM | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | The Note reflects the address as XX Road; however, the Insurance policy reflects XX |  |  |  | Reviewer Comment (2025-XX-22): clear | 5/XX/2025 8:02:57 AM |  |  | 1 C A | 5/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025032651 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:46:45 PM | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | The Note reflects the address asXX; however, the Flood Certificate reflects XX. |  |  |  | Reviewer Comment (2025-XX-22): clear<br>Buyer Comment (2025-XX-20): Flood | 5/XX/2025 8:01:04 AM |  |  | 1 C A | 5/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025032651 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:46:45 PM | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report Date: 05/XX/2025, Valuation Type: Desk Review / Valuation Report Date: 05/XX/2025 | The Note reflects the address as XX; however, the Appraisal and CDA reports both reflect XX. |  |  |  | Reviewer Comment (2025-XX-03): clear<br>Buyer Comment (2025-XX-02): CDA<br>Reviewer Comment (2025-XX-29): 1004 received. Updated CDA is also required.<br>Buyer Comment (2025-XX-27): appraisal | 6/XX/2025 5:43:43 PM |  |  | 1 C A | 5/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025032651 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:46:45 PM | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | The Hazard Insurance Policy reflects the coverage amount as $XX. The Appraisal Report reflect an estimated cost new of $XX. The loan amount is $XX. The policy is short $XX. |  |  |  | Reviewer Comment (2025-XX-19): clear<br>Buyer Comment (2025-XX-18): RCE<br>Reviewer Comment (2025-XX-16): Address on RCE does not match Note address.<br>Buyer Comment (2025-XX-12): Attached please find the RCE as the property has 100% replacement cost. Thank you. | 6/XX/2025 7:54:16 AM |  |  | 1 C A | 5/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025032651 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:46:45 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Missing full fraud report |  |  |  | Reviewer Comment (2025-XX-22): Clear<br>Buyer Comment (2025-XX-20): Fraud | 5/XX/2025 8:01:45 AM |  |  | 1 C A | 5/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025040278 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:46:45 PM | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 1.83 is less than Guideline PITIA months reserves of 2.XX. | Calculated PITIA months reserves of 1.82 is less than Guideline PITIA months reserves 2.XX. |  |  |  | Reviewer Comment (2025-XX-19): clear<br>Buyer Comment (2025-XX-19): Please see Buyer Closing Statement showing Appraisal was paid by XX.<br>Reviewer Comment (2025-XX-12): Final closing statement states appraisal POC by borrower. Provide updated closing statement to reflect accordingly/accurately.<br>Buyer Comment (2025-XX-10): processor cert | 6/XX/2025 12:53:34 PM |  |  | 1 C A | 5/XX/2025 | ID | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| 12025040278 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:46:45 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception approved at origination for Appraisal with noXX. Comp factors 787 FICO. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700<br> Representative FICO: 786 | XX | Reviewer Comment (2025-XX-16): Waived with compensating factors per lender exception approval at origination. |  |  | 5/XX/2025 1:24:38 PM | 2 B | 5/XX/2025 | ID | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| 12025040883 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:46:45 PM | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The asset/income documentation does not show the borrower(s) at an address different than the subject property and thus casts doubt on the business purpose of the loan. |  | Bank statements in file show subject address. |  |  |  | Reviewer Comment (2025-XX-22): Clear.<br>Buyer Comment (2025-XX-20): loe regarding living situation | 5/XX/2025 7:59:41 AM |  |  | 1 C A | 5/XX/2025 | CA | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025040883 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 7:59:31 AM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower lives rent free with someone other than the spouse which is not permitted. |  |  |  | Reviewer Comment (2025-XX-27): Received underwriter certificate as to discretion used in approving borrower living rent free with someone other than a spouse.<br>Buyer Comment (2025-XX-22): Uw cert | 5/XX/2025 9:37:45 AM |  |  | 1 A | 5/XX/2025 | CA | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025011802 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Full Fraud Report missing and no OFAC provided. Only Alerts Summary Section provided. |  |  |  | Reviewer Comment (2025-XX-11): clear<br>Buyer Comment (2025-XX-07): Please note clear ofac for Borrowers LLC already uploaded as document - XX. Please advise if this is NOT what you are requesting. Thanks so much.<br>Reviewer Comment (2025-XX-03): Provide OFAC for borrowing entity.<br>Buyer Comment (2025-XX-30): Clear LLC run on ofac.<br>Buyer Comment (2025-XX-30): Please find final fraud guard. | 6/XX/2025 9:48:14 AM |  |  | 1 C A | 5/XX/2025 | KY | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025011802 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Copy provided is over 90 days form the Note date. Provide a current copy. |  |  |  | Reviewer Comment (2025-XX-03): clear<br>Buyer Comment (2025-XX-30): Please accept in place of cert of good standing as document reflects same information. Thank you. | 6/XX/2025 8:16:48 AM |  |  | 1 C A | 5/XX/2025 | KY | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025020294 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Security Instrument pages from 28 to 31 are missing in file. |  |  |  | Reviewer Comment (2025-XX-27): Received<br>Buyer Comment (2025-XX-22): Please see attached the Full DOT | 5/XX/2025 8:57:12 AM |  |  | 1 C A | 5/XX/2025 | PA | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| 12025030556 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | File is missing final signed and dated Closing Statement. |  |  |  | Reviewer Comment (2025-XX-03): clear<br>Buyer Comment (2025-XX-02): Please find final HUD-1 attached. Thank you. | 6/XX/2025 7:02:25 PM |  |  | 1 C A | 5/XX/2025 | CA | Investment | Purchase | C B A |  | N/A | No |
| 12025030556 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Primary mortgage in forbearance due to XX Lender exception in file. Compensating factors: FICO, mortgage pay history, and reserves. | 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: 79.40<br> Guideline Requirement: 2.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 785 | XX<br>XX | Reviewer Comment (2025-XX-19): Waived with compensating factors per lender exception approval at origination. |  |  | 5/XX/2025 12:44:32 PM | 2 B | 5/XX/2025 | CA | Investment | Purchase | C B A |  | N/A | No |
| 12025031798 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:50:58 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | OFAC is required for borrowing entity. |  |  |  | Reviewer Comment (2025-XX-29): clear<br>Buyer Comment (2025-XX-27): Please find clear ofac for LLC. attached. Thank you. | 5/XX/2025 3:51:50 PM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025031803 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:50:58 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX |  |  |  |  | Reviewer Comment (2025-XX-22): Cleared.<br>Buyer Comment (2025-XX-20): Fraud | 5/XX/2025 8:47:36 AM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025031803 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:50:58 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  |  |  |  |  | Reviewer Comment (2025-XX-22): Cleared.<br>Buyer Comment (2025-XX-20): see attached fraud | 5/XX/2025 8:47:28 AM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025031803 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:50:58 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | Required for all parties including the borrowing entity. |  |  |  | Reviewer Comment (2025-XX-27): Received<br>Buyer Comment (2025-XX-22): ofac<br>Reviewer Comment (2025-XX-22): Not provided for the borrowing entity.<br>Buyer Comment (2025-XX-20): see attached fraud | 5/XX/2025 8:17:49 AM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025031793 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:50:58 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Verification of Identification not provided |  |  |  |  |  | Reviewer Comment (2025-XX-22): Cleared.<br>Buyer Comment (2025-XX-21): back DL<br>Buyer Comment (2025-XX-21): DL | 5/XX/2025 8:50:53 AM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025031793 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:50:58 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide OFAC for the borrowing entiy. |  |  |  | Reviewer Comment (2025-XX-22): Cleared.<br>Buyer Comment (2025-XX-20): ofac search | 5/XX/2025 8:50:48 AM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025031801 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:50:58 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide OFAC for the borrowing entity. |  |  |  | Reviewer Comment (2025-XX-29): clear<br>Buyer Comment (2025-XX-27): Please find attached clear ofac for LLC. Thank you. | 5/XX/2025 3:51:01 PM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025041092 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:50:58 PM | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Hud/CD Document missing in Loan File. |  |  |  | Reviewer Comment (2025-XX-22): Clear<br>Buyer Comment (2025-XX-20): final | 5/XX/2025 8:59:46 AM |  |  | 1 C A | 5/XX/2025 | CA | Investment | Purchase | C A |  | N/A | No |
| 12025041424 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:50:58 PM | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided |  | Hazard Insurance Policy and replacement cost estimator provided is for a different property address. Require policy for subject property address. |  |  |  | Reviewer Comment (2025-XX-16): clear<br>Buyer Comment (2025-XX-12):XX-Please see attached EOI and RCE | 6/XX/2025 11:12:43 AM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025041424 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:50:58 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower to provide letter of explanation for the recent listing of the subject proeprty. |  |  |  | Reviewer Comment (2025-XX-22): Cleared with lender credit memo.<br>Buyer Comment (2025-XX-20): per credit memo, LOE is not required. Listing was removed prior to application date.<br>Buyer Comment (2025-XX-20): Credit memo | 5/XX/2025 8:52:13 AM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025041763 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:50:58 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | File is missing 12 months primary housing history. |  |  |  | Reviewer Comment (2025-XX-22): clear<br>Buyer Comment (2025-XX-20): see attached mtg 1098 shows the Borrower is not on the United mtg<br>Buyer Comment (2025-XX-20): mtg 1098 | 5/XX/2025 8:05:23 AM |  |  | 1 C A D | 5/XX/2025 | AZ | Investment | Purchase | D A |  | N/A | No |
| 12025041763 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:50:58 PM | Credit | Credit | Credit Documentation | Credit | Background check is missing. |  | The file is missing the background check for the business entity. |  |  |  | Reviewer Comment (2025-XX-22): Clear.<br>Buyer Comment (2025-XX-20): ofac search | 5/XX/2025 8:06:32 AM |  |  | 1 C A | 5/XX/2025 | AZ | Investment | Purchase | D A |  | N/A | No |
| 12025041763 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:50:58 PM | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 0.56 is less than Guideline PITIA months reserves of 2.XX. | The bank statements verify assets of $XX for the checking account and $XX for the CD for a total of $XX. $XX of the assets is being used for asset depletion income and cannot be used for reserves. The remaining $XX is what is left for reserves. |  |  |  | Reviewer Comment (2025-XX-22): Clear<br>Buyer Comment (2025-XX-21): current valuation<br>Buyer Comment (2025-XX-21): XX #XX | 5/XX/2025 8:19:06 AM |  |  | 1 C A | 5/XX/2025 | AZ | Investment | Purchase | D A |  | N/A | No |
| 12025031809 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | The file is missing the OFAC search for the business entity. |  |  |  | Reviewer Comment (2025-XX-29): clear<br>Buyer Comment (2025-XX-27): Please find attached clear LLC thru ofac. Thank you. | 5/XX/2025 4:34:34 PM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| 12025031809 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | The file is missing the payment history for the mortgage that is being paid off. |  |  |  | Reviewer Comment (2025-XX-29): clear<br>Buyer Comment (2025-XX-27): Please see tradeline credit report attached reflecting commercial loan / property mtg just purchased 2/2025. Thank you. | 5/XX/2025 4:33:58 PM |  |  | 1 C A D | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| 12025031809 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:35:56 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | Provide OFAC for the Guarantor. Fraud report reflects insufficient data to clear OFAC for the Guarantor. |  |  |  | Reviewer Comment (2025-XX-11): clear<br>Buyer Comment (2025-XX-09): Please find attached clear ofac for the guarantor/Borrower - xx. Thank you. | 6/XX/2025 10:16:59 AM |  |  | 1 A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| 12025021541 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | The Certificate of Good Standing in the file is dated 01/XX/2025, which is more than 90 days from the Note date. |  |  |  | Reviewer Comment (2025-XX-03): Cleared.<br>Buyer Comment (2025-XX-02): Please find secretary of state confirmation of cert of good standing. Thank you. Please accept as document reflects the same information. Thanks so much! | 6/XX/2025 4:55:03 PM |  |  | 1 C A | 5/XX/2025 | NY | Investment | Purchase | C A |  | N/A | No |
| 12025021541 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | The OFAC search for the business entity is missing. |  |  |  | Reviewer Comment (2025-XX-03): Cleared.<br>Buyer Comment (2025-XX-02): Please find clear ofac search of LLC. Thank you. | 6/XX/2025 4:55:11 PM |  |  | 1 C A | 5/XX/2025 | NY | Investment | Purchase | C A |  | N/A | No |
| 12025031208 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:50:58 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX |  |  |  |  | Reviewer Comment (2025-XX-03): Cleared.<br>Buyer Comment (2025-XX-02): Please find final fraud guard attached with ofac clear search. Thank you. | 6/XX/2025 4:48:39 PM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025031208 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:50:58 PM | Credit | Credit | Credit Documentation | Credit | OFAC was not checked and required per guidelines. | Credit Report: Original // Borrower: XX |  |  |  |  | Reviewer Comment (2025-XX-03): Cleared.<br>Buyer Comment (2025-XX-02): Please find attached final fraud guard & OFAC clear. Thank you. | 6/XX/2025 4:48:49 PM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025031208 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:50:58 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  |  |  |  |  | Reviewer Comment (2025-XX-03): Cleared.<br>Buyer Comment (2025-XX-02): Please see final ofac & fraud guard | 6/XX/2025 4:49:42 PM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025031208 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:50:58 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  |  |  |  |  | Reviewer Comment (2025-XX-03): Cleared.<br>Buyer Comment (2025-XX-02): Please find final fraud guard and ofac. Thank you. | 6/XX/2025 4:49:49 PM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025031208 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:50:58 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Non-Owner Occupancy Declaration not provided |  | The Non-Owner Occupancy Certificate is not complete as Question 4A is missing the principal residence address. |  |  |  | Reviewer Comment (2025-XX-03): Cleared.<br>Buyer Comment (2025-XX-02): Borrowers primary address form attached. Thank you!!!! | 6/XX/2025 4:50:25 PM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025031445 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:50:58 PM | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of is less than Guideline PITIA months reserves of 2.XX. | Calculated PITIA months reserves of 1.01 is less than Guideline PITIA months reserves of 2.00, gift funds cannot be used for reserves. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700<br> Representative FICO: 798 | Originator,XX | Reviewer Comment (2025-XX-02): Waived with compensating factors per lender exception approval.<br>Buyer Comment (2025-XX-29): exception<br>Reviewer Comment (2025-XX-21): EXCEPTION HISTORY - Exception Explanation was updated on 05/XX/2025 PRIOR Exception Explanation: Calculated PITIA months reserves of 1.01 is less than Guideline PITIA months reserves of 2.XX. |  |  | 6/XX/2025 10:40:59 AM | 2 C B | 5/XX/2025 | WA | Investment | Purchase | D B A |  | N/A | No |
| 12025031445 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:50:58 PM | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 |  | The final is missing the final executed HUD/Closing Statement. |  |  |  | Reviewer Comment (2025-XX-21): clear<br>Buyer Comment (2025-XX-21): Disregard document uploaded; does not apply to this loan<br>Buyer Comment (2025-XX-21): Final | 5/XX/2025 2:05:33 PM |  |  | 1 D A | 5/XX/2025 | WA | Investment | Purchase | D B A |  | N/A | No |
| 12025031445 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:50:58 PM | Credit | Asset | Asset Documentation | Asset | Missing Document: Gift Letter not provided |  | The file is missing a gift letter for the gift in the amount of $XX. The file contains a gift letter in the amount of $XX which is for the $XX and $XX provided directly to the escrow company. The file also contains a gift letter in the amount of $XX; however, this letter does not match the gift of $XX and states the funds were to be wired to escrow; however, the $XX gift was provided directly to the borrower. A gift letter that matches the $XX is required. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700<br> Representative FICO: 798 | Originator,XX | Reviewer Comment (2025-XX-02): Waived with compensating factors per lender exception approval.<br>Buyer Comment (2025-XX-29): see attached exception |  |  | 6/XX/2025 10:40:38 AM | 2 C B | 5/XX/2025 | WA | Investment | Purchase | D B A |  | N/A | No |
| 12025031768 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | The file is missing the OFAC search for the business entity. |  |  |  | Reviewer Comment (2025-XX-29): Received<br>Buyer Comment (2025-XX-27): Please find business entity cleared thru ofac. Thank you. | 5/XX/2025 10:04:51 AM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| 12025031768 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | The file is missing the payment history for the mortgage that is being paid off. |  |  |  | Reviewer Comment (2025-XX-03): clear<br>Buyer Comment (2025-XX-30): Please see attached updated credit supplement reflecting ALL MTG'S next due 5/XX/2025. Please advise if this is NOT satisfactory which mtg exactly you are referring to that does not reflect a next due date of 5/XX/2025. Thanks so much for your assistance. Appreciate it!<br>Reviewer Comment (2025-XX-29): Loan being paid off does not appear on credit If loan closed 2/2025, a payment would be due 4/2025 and our subject loan closed 5/2025. Please provide evidence of the 4/2025 payment on mortgage being paid off.<br>Buyer Comment (2025-XX-27): Please see credit report/tradeline uploaded shows subject just purchased 2/2025. Thank you. | 6/XX/2025 7:30:00 AM |  |  | 1 C A D | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| 12025031783 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX |  |  |  |  | Reviewer Comment (2025-XX-23): Fraud report received<br>Buyer Comment (2025-XX-21): Fraud | 5/XX/2025 12:53:25 PM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| 12025031783 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Credit | Credit | Credit Documentation | Credit | OFAC was not checked and required per guidelines. | Credit Report: Original // Borrower: XX | The file is missing the OFAC search for the guarantor. |  |  |  | Reviewer Comment (2025-XX-03): clear<br>Buyer Comment (2025-XX-02): ofac search<br>Reviewer Comment (2025-XX-29): Required for the Guarantor. Fraud report reflects insufficient data.<br>Buyer Comment (2025-XX-27): ofac search<br>Reviewer Comment (2025-XX-23): Received fraud report; however, it indicates that there was insufficient data to perform an OFAC check for the guarantor<br>Buyer Comment (2025-XX-21): see attached fraud | 6/XX/2025 4:46:57 PM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| 12025031783 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  |  |  |  |  | Reviewer Comment (2025-XX-23): Received<br>Buyer Comment (2025-XX-21): see attached Fraud | 5/XX/2025 12:54:19 PM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| 12025031783 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | The file is missing the OFAC search for the business entity. |  |  |  | Reviewer Comment (2025-XX-23): Received for borrowing entity<br>Buyer Comment (2025-XX-21): ofac search | 5/XX/2025 12:54:31 PM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| 12025031783 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | The file is missing the payment history for the mortgage that is being paid off. |  |  |  | Reviewer Comment (2025-XX-29): Cleared with credit report.<br>Buyer Comment (2025-XX-27): XX pg 4 reports mtg history.<br>Reviewer Comment (2025-XX-23): Payoff does not satisfy requirement for pay history on loan being paid off. If loan closed XX, a payment would be due for at least XX. Please provide evidence this payment was made, as Note date is 5/XX/2025.<br>Buyer Comment (2025-XX-21): payoff<br>Buyer Comment (2025-XX-21): Property was purchase in XX- no history available | 5/XX/2025 3:57:00 PM |  |  | 1 C A D | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| 12025031805 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | The file is missing the OFAC search for the business entity. |  |  |  | Reviewer Comment (2025-XX-29): Cleared.<br>Buyer Comment (2025-XX-27): Please find attached clear LLC ofac. Thank you. | 5/XX/2025 4:01:57 PM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| 12025031805 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | The file is missing the payment history for the mortgage that is being paid off. |  |  |  | Reviewer Comment (2025-XX-29): Cleared.<br>Buyer Comment (2025-XX-27): See tradeline on credit report - subject just purchased 2/2025. Thank you. | 5/XX/2025 4:02:15 PM |  |  | 1 C A D | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| 12025031805 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:04:22 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | OFAC is needed for the Guarantor. The Fraud Report reflects that insufficient data was provided for the Guarantor/OFAC. |  |  |  | Reviewer Comment (2025-XX-11): clear<br>Buyer Comment (2025-XX-09): Please find attached clear LLC thru OFAC. Thank you. | 6/XX/2025 9:40:43 AM |  |  | 1 A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| 12025030483 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Lender approved exception at origination to allow the borrowing business entity not having a Certificate of Good Standing in the subject state. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | XX | Reviewer Comment (2025-XX-20): Waived with compensating factors per lender exception approval at origination. |  |  | 5/XX/2025 2:34:31 PM | 2 B | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| 12025040325 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Appraisal was not completed by an appraisal management company as required per guidelines. |  |  |  | Reviewer Comment (2025-XX-03): clear<br>Buyer Comment (2025-XX-30): Please see attached confirmation Appraisal ordered through Appraisal management site. Along with Appraisal transfer letter. Thank you. | 6/XX/2025 8:01:56 AM |  |  | 1 C A | 5/XX/2025 | NC | Investment | Purchase | C A |  | N/A | No |
| 12025040325 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | The file contains the Alerts Summary only. The full fraud report is required. |  |  |  | Reviewer Comment (2025-XX-29): clear<br>Buyer Comment (2025-XX-27): Please see attached final clear fraud guard. Thank you. | 5/XX/2025 2:46:57 PM |  |  | 1 C A | 5/XX/2025 | NC | Investment | Purchase | C A |  | N/A | No |
| 12025040635 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX | Fraud report is not provided. |  |  |  | Reviewer Comment (2025-XX-27): Received<br>Buyer Comment (2025-XX-22): Fraud | 5/XX/2025 9:40:05 AM |  |  | 1 C A | 5/XX/2025 | NY | Investment | Purchase | C A |  | N/A | No |
| 12025040635 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Provide full Fraud report with OFAC for all parties. |  |  |  | Reviewer Comment (2025-XX-30): clear<br>Buyer Comment (2025-XX-28): Fraud<br>Reviewer Comment (2025-XX-27): Received fraud report; however, OFAC for entity property seller and individual owner of entity selling property is not contained on this report.<br>Buyer Comment (2025-XX-22): see attached fraud | 5/XX/2025 3:26:05 PM |  |  | 1 C A | 5/XX/2025 | NY | Investment | Purchase | C A |  | N/A | No |
| 12025040148 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of Good Standing within 90 days of the Note date is required. |  |  |  | Reviewer Comment (2025-XX-03): clear<br>Buyer Comment (2025-XX-30): Please accept in place of cert of good standing as document reflects the same information. Thank you. | 6/XX/2025 7:56:23 AM |  |  | 1 C A | 5/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025040148 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | OFAC was not provided for the borrowing entity. |  |  |  | Reviewer Comment (2025-XX-03): clear<br>Buyer Comment (2025-XX-30): OFAC/LLC attached & clear. Thank you. | 6/XX/2025 7:56:29 AM |  |  | 1 C A | 5/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025040148 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Property location is not provided. |  |  |  | Reviewer Comment (2025-XX-03): clear<br>Buyer Comment (2025-XX-30): Please find HUD-1 with property address reflected. Thank you. | 6/XX/2025 7:56:36 AM |  |  | 1 C A | 5/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025040320 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Exception request for borrower as a FTI living rent free with uncle for the past 3 years.<br> Compensating Factors:<br> 1. FICO 40+ points over minimum matrix tier<br> 2. LTV is 10% or more under max allowed.XX. Reserves minimum of 6 months or greater from borrower own funds. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.XX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 680<br> Representative FICO: 762 | XX<br>XX | Reviewer Comment (2025-XX-20): Waived with compensating factors per lender exception approval at origination. |  |  | 5/XX/2025 12:40:27 PM | 2 B | 5/XX/2025 | NY | Investment | Purchase | B A |  | N/A | No |
| 12025040509 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report Date: 04/XX/2025 | Note reflects city as XX but appraisal report shows city name as XX. |  |  |  | Reviewer Comment (2025-XX-04): clear<br>Buyer Comment (2025-XX-02): appraisal | 6/XX/2025 8:53:11 AM |  |  | 1 C A | 5/XX/2025 | CA | Investment | Purchase | C A |  | N/A | No |
| 12025040509 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | Note reflects city as XX but Flood certificate shows city name as XX. |  |  |  | Reviewer Comment (2025-XX-27): Received<br>Buyer Comment (2025-XX-22): Flood | 5/XX/2025 9:02:51 AM |  |  | 1 C A | 5/XX/2025 | CA | Investment | Purchase | C A |  | N/A | No |
| 12025040509 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Estimated closing statement is provided. File is missing executed final closing statement. |  |  |  | Reviewer Comment (2025-XX-27): Received<br>Buyer Comment (2025-XX-23): final | 5/XX/2025 9:04:28 AM |  |  | 1 C A | 5/XX/2025 | CA | Investment | Purchase | C A |  | N/A | No |
| 12025041608 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Property was listed for sale prior to refinance. Letter of explanation from borrower required. | 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: 70.98<br> Guideline Requirement: 2.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 776 | Originator Pre-Close,XX<br>XX | Reviewer Comment (2025-XX-02): Waived with compensating factors per lender exception approval at origination.<br>Buyer Comment (2025-XX-29): Please find exception attached. Please waive as exception was PRIOR to closing. THANK YOU.<br> Compensating factors reflected on approved exception. |  |  | 6/XX/2025 10:45:44 AM | 2 C B | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 12025041608 | XX | XX | XX |  | XXX | XXX | 6/XX/2025 10:44:06 AM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Appraisal transferred withoutXX. | 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: 70.98<br> Guideline Requirement: 2.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 776 | Originator Pre-Close,XX<br>XX | Reviewer Comment (2025-XX-02): Waived with compensating factors per lender exception approval at origination. |  |  | 6/XX/2025 10:46:16 AM | 2 B | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 12025031840 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The appraisal does not show the property is Tenant Occupied or Vacant and thus casts doubt on the business purpose of the loan. |  | Appraisal reflects the property as owner occupied. |  |  |  | Reviewer Comment (2025-XX-03): clear<br>Buyer Comment (2025-XX-02): appraisal | 6/XX/2025 6:51:13 PM |  |  | 1 C A | 5/XX/2025 | SC | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| 12025040369 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Estimated closing statement is provided, missing the final HUD-1 or closing statement. |  |  |  | Reviewer Comment (2025-XX-27): Received<br>Buyer Comment (2025-XX-22): XX-Please see attached FSS | 5/XX/2025 7:47:05 AM |  |  | 1 C A | 5/XX/2025 | CA | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025010941 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of Good Standing is missing | 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 10 completed projects.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 7.44<br> Guideline Requirement: 2.00

# of Properties Completed: 19<br> # of Projects (last 24 months): <br> # of Renovation Projects Completed (purchased and exited): 19<br>Guidelines Representative FICO: 700<br> Representative FICO: 746 | XX<br>XX<br>XX | Reviewer Comment (2025-XX-29): Waived with compensating factors per lender request.<br>Buyer Comment (2025-XX-27): Lender accepts. Please waive with available compensating factors<br>Reviewer Comment (2025-XX-27): Document provided is dated 5/XX/2025, which is after Note date of 5/XX/2025. COGS dated on or prior to Note date required for review of this condition.<br>Buyer Comment (2025-XX-22): Cogs |  |  | 5/XX/2025 2:26:26 PM | 2 C B | 5/XX/2025 | CA | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| 12025041945 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | HUD/CD is missing in file. Closing Statement available in file is estimated copy. |  |  |  | Reviewer Comment (2025-XX-02): clear<br>Buyer Comment (2025-XX-29): Please find attached HUD-1 attached. Thank you. | 6/XX/2025 8:51:45 AM |  |  | 1 C A | 5/XX/2025 | CA | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025041945 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | Loan Package Documentation | Closing / Title | Title | Title: Evidence of title is missing |  | Title Evidence is missing in file. |  |  |  | Reviewer Comment (2025-XX-02): clear<br>Buyer Comment (2025-XX-29): Please find Title attached. Thank you. | 6/XX/2025 8:51:56 AM |  |  | 1 C A | 5/XX/2025 | CA | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025041945 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | Disaster Name: SEVERE WINTER STORMS, FLOODING, LANDSLIDES, AND MUDSLIDES<br> Disaster Declaration Date: 01/XX/2023<br> Disaster End Date: 01/XX/2023 |  |  |  |  | Reviewer Comment (2025-XX-02): clear<br>Buyer Comment (2025-XX-29): Please find clear CDA. Thank you. | 6/XX/2025 9:00:04 AM |  |  | 1 C A | 5/XX/2025 | CA | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025041945 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. |  | Title Evidence is Missing in file. |  |  |  | Reviewer Comment (2025-XX-02): Cleared in error.<br>Reviewer Comment (2025-XX-02): clear<br>Buyer Comment (2025-XX-29): Title w/mtgee clause. Thank you.<br>Buyer Comment (2025-XX-29): Title sch A mtgee clause added. Thank you.<br>Buyer Comment (2025-XX-29): Please see Title & sch A w/mtgee clause. Thank you. | 6/XX/2025 9:13:30 AM |  |  | 1 C A | 5/XX/2025 | CA | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025041945 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal is missing. Sec ID: 1 | Note Date: 05/XX/2025; Lien Position: 1 | Appraisal is missing in file. |  |  |  | Reviewer Comment (2025-XX-12): Clear<br>Buyer Comment (2025-XX-10): Please see email for clarification of condition. Thank you.<br>Reviewer Comment (2025-XX-02): Provide updated 1007 with a breakdown of rent for main house and each unit individually. rents lumped together by appraiser reflect $XX.<br>Buyer Comment (2025-XX-29): Please find Appraisal attached. Thank you. | 6/XX/2025 8:59:10 AM |  |  | 1 D A | 5/XX/2025 | CA | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025041945 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided |  | Appraisal is missing in file. |  |  |  | Reviewer Comment (2025-XX-02): Clear | 6/XX/2025 8:54:18 AM |  |  | 1 D A | 5/XX/2025 | CA | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025041945 | XX | XX | XX |  | XXX | XXX | 6/XX/2025 8:58:44 AM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Multiple ADU's verified. Multiple ADU's are only approved on a case by case basis. Verify the property was approved as a SFD with multiple ADU's. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .XX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Debt Service Coverage Ratio: 2.54<br> Guideline Requirement: 1.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 747 | XX<br>XX | Reviewer Comment (2025-XX-12): Waived with compensating factors at clients request.<br>Buyer Comment (2025-XX-12): Please waive.<br>Reviewer Comment (2025-XX-12): Comments in file state an exception was approved for this.<br>Buyer Comment (2025-XX-10): Please see clarification for all three remaining open conditions. Thank you. |  |  | 6/XX/2025 2:06:34 PM | 2 B | 5/XX/2025 | CA | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025041945 | XX | XX | XX |  | XXX | XXX | 6/XX/2025 9:09:39 AM | Credit | Property - Appraisal | Property Eligibility - Site and Utilities | Property - Appraisal | Subject property has environmental problems noted by appraiser or visible in the photos | Valuation Type: Appraisal / Valuation Report Date: 04/XX/2025 | Appraiser commented on a busy intersection being near the subject property. Appraiser to verify there is no impact to the salability and/or value of the property due to the intersection. |  |  |  | Reviewer Comment (2025-XX-12): clear<br>Buyer Comment (2025-XX-10): Please see clarification already on the appraisal providing commentary for XX street. Thank you. | 6/XX/2025 8:59:46 AM |  |  | 1 A | 5/XX/2025 | CA | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025041336 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 |  | The file contains an Estimated Settlement Statement only. The file is missing the final executed HUD/Closing Statement. |  |  |  | Reviewer Comment (2025-XX-23): Received<br>Buyer Comment (2025-XX-21): Final | 5/XX/2025 1:38:37 PM |  |  | 1 D A | 5/XX/2025 | AZ | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025041336 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | 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 at origination to allow LTV of 80% on a cash-out transaction when the maximum allowed is 75%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 9.73<br> Guideline Requirement: 2.00 | Originator Pre-Close,XX | Reviewer Comment (2025-XX-20): Waived with compensating factors per lender exception approval at origination. |  |  | 5/XX/2025 2:17:48 PM | 2 B | 5/XX/2025 | AZ | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025030810 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of Good Standing not provided. |  |  |  | Reviewer Comment (2025-XX-27): Received<br>Buyer Comment (2025-XX-22): COGS | 5/XX/2025 8:54:34 AM |  |  | 1 C A | 5/XX/2025 | NY | Investment | Purchase | C A |  | N/A | No |
| 12025041008 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:14:18 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided |  | The file is missing the executed Deed transferring the property from the business entity to the individual borrower. |  |  |  | Reviewer Comment (2025-XX-12): clear<br>Buyer Comment (2025-XX-10): Please find grant deed attached. Thank you. | 6/XX/2025 7:20:08 AM |  |  | 1 D A | 5/XX/2025 | CA | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| 12025041145 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  | Provide the actual Articles of Organization. |  |  |  | Reviewer Comment (2025-XX-27): Received<br>Buyer Comment (2025-XX-22): Article of organization | 5/XX/2025 8:32:40 AM |  |  | 1 C A | 5/XX/2025 | VA | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025041145 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Provide fully executed Operating Agreement. |  |  |  | Reviewer Comment (2025-XX-27): Received<br>Buyer Comment (2025-XX-22): operating agreement | 5/XX/2025 8:32:46 AM |  |  | 1 C A | 5/XX/2025 | VA | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025012001 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception <br> 1. borrowers living rent free with anyone other than spouse are not eligible however could be reviewed for exception.XX. Max LTV for condo refinances is 70%<br> Additional Parameters<br> 1. Borrower residing rent free with her daughter XX since January 2005 while she looks for new primary residence<br> 2. Allow 75% on a condo refinance<br> Comp Factors:<br> 1. DSCR > 1.15<br> 2. Reserves from borrower's own funds of at least 6 months (not including loan proceeds); 4 months> min 2<br> 3. 10+ years of clean mortgage pay history on multi property. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 29.37<br> Guideline Requirement: 2.00 | XX | Reviewer Comment (2025-XX-21): Waived with compensating factors per lender exception approval at origination. |  |  | 5/XX/2025 4:03:52 PM | 2 B | 5/XX/2025 | TX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| 12025030958 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX | File is missing a copy of Fraud report. |  |  |  | Reviewer Comment (2025-XX-06): clear<br>Buyer Comment (2025-XX-04): Fraud | 6/XX/2025 9:01:27 AM |  |  | 1 C A | 5/XX/2025 | NY | Investment | Purchase | C B A |  | N/A | No |
| 12025030958 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Fraud Report is missing |  |  |  | Reviewer Comment (2025-XX-06): clear<br>Buyer Comment (2025-XX-04): see attached Fraud | 6/XX/2025 9:01:35 AM |  |  | 1 C A | 5/XX/2025 | NY | Investment | Purchase | C B A |  | N/A | No |
| 12025030958 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:56:32 PM | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 1.18 is less than Guideline PITIA months reserves of 2.XX. | File is missing verification of 2 months reserves. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.XX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700<br> Representative FICO: 781 | XX<br>XX | Reviewer Comment (2025-XX-06): Waived with compensating factors per lender exception approval at origination.<br>Buyer Comment (2025-XX-06): exception<br>Reviewer Comment (2025-XX-27): This has been updated; however, exception remains as sufficient reserves are not documented in loan file excluding the lender paid amount.<br>Reviewer Comment (2025-XX-27): EXCEPTION HISTORY - Exception Explanation was updated on 05/XX/2025 PRIOR Exception Explanation: Calculated PITIA months reserves of 0.88 is less than Guideline PITIA months reserves of 2.XX.<br>Buyer Comment (2025-XX-22): $XX POC is Lender paid. Please update Available reserves to $XX. Working on getting additional assets. |  |  | 6/XX/2025 9:02:15 AM | 2 C B | 5/XX/2025 | NY | Investment | Purchase | C B A |  | N/A | No |
| 12025032622 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:17:43 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Florida Certificate of Good Standing is missing for XX | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 17.45<br> Guideline Requirement: 2.00 | XX | Reviewer Comment (2025-XX-29): Waived with compensating factors at clients request.<br>Buyer Comment (2025-XX-27): Please waive exception grade to a 2 and accept the cert of good standing provided dated within 45 days of the Note. Due to anything pulled now will cost a fee and be dated after closing. Compensating factors included Borrowers reserves of 17+ mths of piti over & above the cash out from the transaction. Borrower is more than an experienced landlord property manager with a dscr score over 1.00%. Thank you. |  |  | 5/XX/2025 4:42:02 PM | 2 C B | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 12025020044 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:17:43 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Full Fraud Report missing, only Alerts Summary Section provided. |  |  |  | Reviewer Comment (2025-XX-28): Received<br>Buyer Comment (2025-XX-23): Fraud | 5/XX/2025 8:35:30 PM |  |  | 1 C A | 5/XX/2025 | NY | Investment | Purchase | C A |  | N/A | No |
| 12025020044 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:17:43 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX |  |  |  |  | Reviewer Comment (2025-XX-28): Received<br>Buyer Comment (2025-XX-23): see attached Fraud | 5/XX/2025 8:35:34 PM |  |  | 1 C A | 5/XX/2025 | NY | Investment | Purchase | C A |  | N/A | No |
| 12025040457 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:30:02 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Copy provided exceeds 90 days. Provide a current Certificate of Good Standing. | The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of 1.15 is greater than the minimum required DSCR of 1.XX. | XX,Originator | Reviewer Comment (2025-XX-02): Waived with compensating factors per lender request.<br>Buyer Comment (2025-XX-29): Lender accepts. Please waive with available compensating factors<br>Reviewer Comment (2025-XX-28): Document provided is dated after Note date. COGS, dated no more than 90 days prior to Note date, required for review of this condition.<br>Buyer Comment (2025-XX-23): COGS |  |  | 6/XX/2025 10:49:20 AM | 2 C B | 5/XX/2025 | PA | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 12025021710 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:17:43 PM | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  |  |  |  |  | Reviewer Comment (2025-XX-12): clear<br>Buyer Comment (2025-XX-11): Attached is correction made to policy showing correct address. The full policy won't be ready for a while. | 6/XX/2025 2:30:20 PM |  |  | 1 C A | 5/XX/2025 | NY | Investment | Purchase | C A |  | N/A | No |
| 12025040467 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:17:43 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | The file contains the Alerts Summary only. The full fraud report is required. |  |  |  | Reviewer Comment (2025-XX-29): clear<br>Buyer Comment (2025-XX-27): Please find the initial & final cleared fraud guard. Thank you. | 5/XX/2025 3:11:58 PM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025040467 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:17:43 PM | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 77.86667% exceeds Guideline loan to value percentage of 75.00000%. | Lender approved exception at origination to allow LTV to exceed 75% on a cash out refinance transaction. | 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. |  | XX<br>XX<br>XX | Reviewer Comment (2025-XX-22): Waived with compensating factors per lender exception approval at origination. |  |  | 5/XX/2025 11:18:24 AM | 2 B | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025040467 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:17:43 PM | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 |  | The file only contains an estimated closing statement. The file is missing the final executed HUD/Closing Statement. |  |  |  | Reviewer Comment (2025-XX-02): clear<br>Buyer Comment (2025-XX-30): Please find final HUD-1 stamped certified true & correct. Thank you. | 6/XX/2025 4:58:18 PM |  |  | 1 D A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025032647 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:17:43 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Fraud Report is missing. |  |  |  | Reviewer Comment (2025-XX-28): Received<br>Buyer Comment (2025-XX-23): Fraud | 5/XX/2025 8:54:24 PM |  |  | 1 C A | 5/XX/2025 | TX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025032647 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:17:43 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX | Fraud report is missing. |  |  |  | Reviewer Comment (2025-XX-28): Received<br>Buyer Comment (2025-XX-23): see attached Fraud | 5/XX/2025 8:54:29 PM |  |  | 1 C A | 5/XX/2025 | TX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025040938 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:17:43 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  |  |  |  |  | Reviewer Comment (2025-XX-29): Received<br>Buyer Comment (2025-XX-26): Please find clear fraud guard & ofac. Thank you. | 5/XX/2025 9:50:45 AM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025040938 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:17:43 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | The file is missing the OFAC Search result for borrowing business entity and both the guarantors. |  |  |  | Reviewer Comment (2025-XX-29): Received OFAC for all parties in transaction | 5/XX/2025 9:51:08 AM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025040938 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:17:43 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX, Credit Report: Original // Borrower: XX |  |  |  |  | Reviewer Comment (2025-XX-29): Received | 5/XX/2025 9:51:13 AM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025040938 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:17:43 PM | Credit | Credit | Credit Documentation | Credit | OFAC was not checked and required per guidelines. | Credit Report: Original // Borrower: XXz, Credit Report: Original // Borrower: XX | The file is missing the OFAC Search result for borrowing business entity and both the guarantors. |  |  |  | Reviewer Comment (2025-XX-29): Received | 5/XX/2025 9:51:20 AM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025021612 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:17:43 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Spousal Consent Form not provided |  |  |  |  |  | Reviewer Comment (2025-XX-04): clear<br>Buyer Comment (2025-XX-03): Good morning, Situs. Please see attached spousal constant. Thank you. | 6/XX/2025 6:33:21 PM |  |  | 1 C A | 5/XX/2025 | TX | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| 12025031932 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:17:43 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  |  |  |  |  | Reviewer Comment (2025-XX-30): clear<br>Buyer Comment (2025-XX-28): article of organization | 5/XX/2025 3:36:34 PM |  |  | 1 C A | 5/XX/2025 | GA | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025031932 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:17:43 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  |  |  |  |  | Reviewer Comment (2025-XX-30): clear<br>Buyer Comment (2025-XX-28): CoGs | 5/XX/2025 3:36:46 PM |  |  | 1 C A | 5/XX/2025 | GA | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025031932 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:17:43 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  |  |  |  |  | Reviewer Comment (2025-XX-30): clear<br>Buyer Comment (2025-XX-28): Operating agreement<br>Buyer Comment (2025-XX-28): amendment | 5/XX/2025 3:36:55 PM |  |  | 1 C A | 5/XX/2025 | GA | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025031932 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:17:43 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | The file is missing the OFAC search for the business entity. |  |  |  | Reviewer Comment (2025-XX-30): clear<br>Buyer Comment (2025-XX-28): Fraud | 5/XX/2025 3:37:43 PM |  |  | 1 C A | 5/XX/2025 | GA | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025040468 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:17:43 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | The file is missing the OFAC search for the business entity. |  |  |  | Reviewer Comment (2025-XX-29): clear<br>Buyer Comment (2025-XX-27): Please find attached clear ofac business search. Thank you. | 5/XX/2025 3:15:45 PM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025040238 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:17:43 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | OFAC was not provided for the borrowing entity. |  |  |  | Reviewer Comment (2025-XX-28): Received<br>Buyer Comment (2025-XX-23): ofac search | 5/XX/2025 8:51:05 PM |  |  | 1 C A | 5/XX/2025 | CA | Investment | Purchase | C A |  | N/A | No |
| 12025040238 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:17:43 PM | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Final signed HUD / Closing Statement was not provided. |  |  |  | Reviewer Comment (2025-XX-28): Received<br>Buyer Comment (2025-XX-28): XX-FSS | 5/XX/2025 8:53:11 PM |  |  | 1 C A | 5/XX/2025 | CA | Investment | Purchase | C A |  | N/A | No |
| 12025030050 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:17:43 PM | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete Note | Missing Document: Note - Subject Lien not provided |  | Provided Note is missing the signature page. |  |  |  | Reviewer Comment (2025-XX-03): clear<br>Buyer Comment (2025-XX-02): Please find all six pages of the Note attached. Thank you. | 6/XX/2025 7:14:30 PM |  |  | 1 D A | 5/XX/2025 | NY | Investment | Purchase | D A |  | N/A | No |
| 12025032133 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | File is missing 12 month housing history for primary residence. | 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: 56.61<br> Guideline Requirement: 2.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 779 | XX<br>XX | Reviewer Comment (2025-XX-12): Waived with compensating factors per lender exception approval.<br>Buyer Comment (2025-XX-10): exception<br>Reviewer Comment (2025-XX-29): Provide documentation that ties the payments from the bank statements (XX) to the primary residence.<br>Buyer Comment (2025-XX-27): Borrower currently primary residence is in XX; XX is translated mtg statement reporting April payment; XX is reporting March/Feb payments; XX is reporting XX/2024- XX/2025 mtg payments |  |  | 6/XX/2025 8:05:34 AM | 2 C B D | 5/XX/2025 | CT | Investment | Purchase | D B A |  | N/A | No |
| 12025042043 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided |  | File is missing warranty deed transferring ownership to business entity. |  |  |  | Reviewer Comment (2025-XX-29): clear<br>Buyer Comment (2025-XX-27): deed | 5/XX/2025 4:40:53 PM |  |  | 1 D A | 5/XX/2025 | TX | Investment | Purchase | D A |  | N/A | No |
| 12025042043 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 1.54 is less than Guideline PITIA months reserves of 2.XX. | Short 2 months verified reserves. Business funds used 90% based on ownership. |  |  |  | Reviewer Comment (2025-XX-06): clear<br>Buyer Comment (2025-XX-04): access letter<br>Reviewer Comment (2025-XX-29): The EMD is included with the asset balance.<br>Buyer Comment (2025-XX-27): EM is $XX + Option fee $XX=$XX- Please update asset loan summary - working on getting additional funds | 6/XX/2025 7:18:02 AM |  |  | 1 C A | 5/XX/2025 | TX | Investment | Purchase | D A |  | N/A | No |
| 12025042043 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  |  |  |  |  | Reviewer Comment (2025-XX-16): clear<br>Buyer Comment (2025-XX-12): Article of organization<br>Reviewer Comment (2025-XX-06): Articles of Organization is required.<br>Buyer Comment (2025-XX-04): Cert letter<br>Buyer Comment (2025-XX-04): Membership<br>Buyer Comment (2025-XX-04): Membership Cert | 6/XX/2025 12:49:17 PM |  |  | 1 C A | 5/XX/2025 | TX | Investment | Purchase | D A |  | N/A | No |
| 12025041880 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | 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-XX-02): clear<br>Buyer Comment (2025-XX-29): Please accept in place of the "Cert of good standing" as document from the state website & reflect the same information. Thank you. | 6/XX/2025 9:56:53 AM |  |  | 1 C A | 5/XX/2025 | PA | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025030159 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Credit | Credit Documentation | Credit | OFAC was not checked and required per guidelines. | Credit Report: Original // Borrower: XX | OFAC not provided in loan file. |  |  |  | Reviewer Comment (2025-XX-29): Cleared.<br>Buyer Comment (2025-XX-27): fraud | 5/XX/2025 1:59:57 PM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025030159 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX | Fraud Report is missing in loan file. |  |  |  | Reviewer Comment (2025-XX-29): Cleared.<br>Buyer Comment (2025-XX-27): see attached Fraud | 5/XX/2025 1:59:50 PM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025030159 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | OFAC is missing in loan file. |  |  |  | Reviewer Comment (2025-XX-29): Cleared.<br>Buyer Comment (2025-XX-27): see attached Fraud | 5/XX/2025 1:59:44 PM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025030159 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Fraud Report is missing in loan file. |  |  |  | Reviewer Comment (2025-XX-29): Cleared.<br>Buyer Comment (2025-XX-27): see attached Fraud | 5/XX/2025 1:59:38 PM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025030813 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of $XX is less than the note amount of $XX based on the Commitment in file. |  |  |  |  | Reviewer Comment (2025-XX-29): clear<br>Buyer Comment (2025-XX-29): final | 5/XX/2025 3:34:52 PM |  |  | 1 B A | 5/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025030813 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. |  | The mortgagee clause does not reflect ISAOA. |  |  |  | Reviewer Comment (2025-XX-29): Clear<br>Buyer Comment (2025-XX-27): ins | 5/XX/2025 3:34:44 PM |  |  | 1 C A | 5/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025032680 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | The file is missing the final executed HUD/Closing Statement. |  |  |  | Reviewer Comment (2025-XX-29): Cleared.<br>Buyer Comment (2025-XX-27): Final | 5/XX/2025 2:11:46 PM |  |  | 1 C A | 5/XX/2025 | CA | Investment | Refinance - Rate/Term | D A |  | N/A | No |
| 12025032680 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Borrower is living rent free with grandparent. Borrower does not have a 12 month primary housing history. |  |  |  | Reviewer Comment (2025-XX-03): Cleared per lender memo for living rent free. UW discretion used to clear the exception.<br>Buyer Comment (2025-XX-02): uw cert | 6/XX/2025 7:12:56 PM |  |  | 1 C A D | 5/XX/2025 | CA | Investment | Refinance - Rate/Term | D A |  | N/A | No |
| 12025042472 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The file is missing the final HUD-1. Copy in file is an estimate. |  |  |  | Reviewer Comment (2025-XX-03): clear<br>Buyer Comment (2025-XX-30): Please find final certified HUD-1 attached. Thank you! | 6/XX/2025 7:13:29 AM |  |  | 1 C A | 5/XX/2025 | AZ | Investment | Purchase | C A |  | N/A | No |
| 12025042472 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $XX is less than Cash From Borrower $XX. | Borrower is short cash to close due to inability to use undated gift letter. Gift letter is required to match the gift amount provided from donor. |  |  |  | Reviewer Comment (2025-XX-03): clear<br>Buyer Comment (2025-XX-30): Please find attached confirmation of $XX gift and proof of receipt. Thank you. | 6/XX/2025 7:17:40 AM |  |  | 1 C A | 5/XX/2025 | AZ | Investment | Purchase | C A |  | N/A | No |
| 12025042472 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | 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 2.XX. | Borrower is short reserves due to inability to use undated gift letter. Gift letter is required to match the gift amount provided. |  |  |  | Reviewer Comment (2025-XX-03): Clear | 6/XX/2025 7:17:15 AM |  |  | 1 C A | 5/XX/2025 | AZ | Investment | Purchase | C A |  | N/A | No |
| 12025041494 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Section 4A of the Non-Owner Occupancy Affidavit was not completed. |  |  |  | Reviewer Comment (2025-XX-29): clear<br>Buyer Comment (2025-XX-27): Affadavit | 5/XX/2025 4:46:47 PM |  |  | 1 C A | 5/XX/2025 | MA | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025041118 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX | The file contains the Alerts Summary only. The full fraud report is required. |  |  |  | Reviewer Comment (2025-XX-29): clear<br>Buyer Comment (2025-XX-27): Fraud | 5/XX/2025 3:48:08 PM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Purchase | C A |  | N/A | No |
| 12025041118 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | The file contains the Alerts Summary only. The full fraud report is required. |  |  |  | Reviewer Comment (2025-XX-29): clear<br>Buyer Comment (2025-XX-27): see attached Fraud | 5/XX/2025 3:48:21 PM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Purchase | C A |  | N/A | No |
| 12025041868 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Note Date: 05/XX/2025; Lien Position: 1 |  |  |  |  | Reviewer Comment (2025-XX-29): clear<br>Buyer Comment (2025-XX-27): CDA | 5/XX/2025 3:07:15 PM |  |  | 1 D A | 5/XX/2025 | GA | Investment | Purchase | D A |  | N/A | No |
| 12025041868 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | The borrower has been renting their current residence for 9 months. The file contains the VOR from a private landlord and the lease agreement. In addition, the file contains printouts from a bank account until 02/XX/2025 to show the payment being transferred to the landlord. The months of 03/2025 and 04/2025 are missing. The borrower previously rented their primary residence from a private individual. The file is missing the required lease agreement. In addition, the file contains printouts from a bank account from 02/2024 through 08/2024 to show the payment being transferred to the landlord. The file is missing evidence of ownership of the bank account in which the funds are transferred from to verify the payments were made by the borrower. |  |  |  | Reviewer Comment (2025-XX-29): Clear.<br>Buyer Comment (2025-XX-29): March rent<br>Buyer Comment (2025-XX-27): bank statement<br>Buyer Comment (2025-XX-27): XX<br>Buyer Comment (2025-XX-27): XX | 5/XX/2025 3:01:22 PM |  |  | 1 C A D | 5/XX/2025 | GA | Investment | Purchase | D A |  | N/A | No |
| 12025041868 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | The file is missing the OFAC search for the business entity. |  |  |  | Reviewer Comment (2025-XX-29): clear<br>Buyer Comment (2025-XX-27): Fraud | 5/XX/2025 3:02:22 PM |  |  | 1 C A | 5/XX/2025 | GA | Investment | Purchase | D A |  | N/A | No |
| 12025042189 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX | The guarantee agreement is signed by 3 individuals. The file is missing the fraud report for the third guarantor, xx. | 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: 49.45<br> Guideline Requirement: 2.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 815 | XX<br>XX | Reviewer Comment (2025-XX-29): Waived with compensating factors per lender exception approval at origination.<br>Buyer Comment (2025-XX-27): Lender accepts. Please waive with available compensating factors |  |  | 5/XX/2025 2:02:07 PM | 2 C B | 5/XX/2025 | PA | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025042189 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003 Error: Birth Date was not provided | Borrower: XX | The guarantee agreement is signed by 3 individuals. The file is missing the application for the third guarantor, xx. | 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: 49.45<br> Guideline Requirement: 2.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 815 | XX<br>XX | Reviewer Comment (2025-XX-29): Waived with compensating factors per lender exception approval at origination.<br>Buyer Comment (2025-XX-27): Lender accepts. Please waive with available compensating factors |  |  | 5/XX/2025 2:03:02 PM | 2 B | 5/XX/2025 | PA | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025042189 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | The guarantee agreement is signed by 3 individuals. The file is missing the OFAC for the third guarantor, XX. In addition, the file is missing the OFAC search for the business entity. | 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: 49.45<br> Guideline Requirement: 2.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 815 | XX<br>XX | Reviewer Comment (2025-XX-29): Waived with compensating factors per lender exception approval at origination.<br>Buyer Comment (2025-XX-27): Lender accepts. Please waive with available compensating factors |  |  | 5/XX/2025 2:03:49 PM | 2 C B | 5/XX/2025 | PA | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025042189 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided |  | The guarantee agreement is signed by 3 individuals. The file is missing the credit report for the third guarantor, Phylissa. | 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: 49.45<br> Guideline Requirement: 2.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 815 | XX<br>XX | Reviewer Comment (2025-XX-29): Waived with compensating factors per lender exception approval at origination.<br>Buyer Comment (2025-XX-27): Lender accepts. Please waive with available compensating factors |  |  | 5/XX/2025 2:04:38 PM | 2 D B | 5/XX/2025 | PA | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025032034 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX | The file is missing the fraud report. |  |  |  | Reviewer Comment (2025-XX-29): Received<br>Buyer Comment (2025-XX-26): Please find clear fraud guard attached. Thank you. | 5/XX/2025 9:46:01 AM |  |  | 1 C A | 5/XX/2025 | GA | Investment | Purchase | C A |  | N/A | No |
| 12025032034 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Fraud Report is missing in file. |  |  |  | Reviewer Comment (2025-XX-29): Received<br>Buyer Comment (2025-XX-26): Please find attached final fraud guard. | 5/XX/2025 9:46:08 AM |  |  | 1 C A | 5/XX/2025 | GA | Investment | Purchase | C A |  | N/A | No |
| 12025032034 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 9:46:45 AM | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: XX | All red flags on fraud report received in trailing documents were not addressed/cleared. There are open items in the property section of the report. |  |  |  | Reviewer Comment (2025-XX-03): clear<br>Buyer Comment (2025-XX-30): Please find final fraud guard with all alerts cleared. Thank you. | 6/XX/2025 8:00:53 AM |  |  | 1 A | 5/XX/2025 | GA | Investment | Purchase | C A |  | N/A | No |
| 12025031830 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | The file is missing the final executed HUD/Closing Statement. |  |  |  | Reviewer Comment (2025-XX-29): clear<br>Buyer Comment (2025-XX-29): Final<br>Buyer Comment (2025-XX-29): See attached Final SS. | 5/XX/2025 3:20:39 PM |  |  | 1 C A | 5/XX/2025 | AZ | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| 12025041276 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 4:41:35 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception at origination to allow co-borrower to be living rent free with the borrower when the borrower is not the spouse of the co-borrower. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700<br> Representative FICO: 786 | Originator Pre-Close,XX | Reviewer Comment (2025-XX-23): Waived with compensating factors per lender exception approval at origination. |  |  | 5/XX/2025 11:31:53 AM | 2 B | 5/XX/2025 | AZ | Investment | Purchase | B A |  | N/A | No |
| 12025042254 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 3:26:44 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided |  | The file is missing the executed Deed transferring the property from the individual to the business entity. |  |  |  | Reviewer Comment (2025-XX-30): clear<br>Buyer Comment (2025-XX-28): Deed | 5/XX/2025 3:03:31 PM |  |  | 1 D A | 5/XX/2025 | MO | Investment | Refinance - Rate/Term | D A |  | N/A | No |
| 12025040535 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 3:26:44 PM | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 |  | The file is missing the final executed HUD/Closing Statement. |  |  |  | Reviewer Comment (2025-XX-29): clear<br>Buyer Comment (2025-XX-28): final | 5/XX/2025 6:08:14 PM |  |  | 1 D A | 5/XX/2025 | CA | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| 12025032503 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 3:26:44 PM | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 |  | The file is missing the final executed HUD/Closing Statement. |  |  |  | Reviewer Comment (2025-XX-05): clear<br>Buyer Comment (2025-XX-03): Final | 6/XX/2025 7:26:31 AM |  |  | 1 D A | 5/XX/2025 | CA | Investment | Purchase | D A |  | N/A | No |
| 12025041980 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 3:26:44 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Please provide an LOE disclosing why the subject property was listed within the last 12 months, and that it was taken off the market prior to the Note date. |  |  |  | Reviewer Comment (2025-XX-30): Cleared with lender memo.<br>Buyer Comment (2025-XX-28): see attached credit memo; loe is not required due to property was removed prior to app date<br>Buyer Comment (2025-XX-28): Credit memo | 5/XX/2025 2:59:06 PM |  |  | 1 C A D | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| 12025032502 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:33:35 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception for vesting in XX LLC which is a trustee of XX revocable trust. Compensating factors: DSCR, FICO, and reserves. | The qualifying DSCR on the loan is greater than the guideline minimum.<br>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 .XX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | DSCR greater than 1.15<br>Reserves of at least 6 months; 4 months greater min 2 months<br>Borrower's credit score is at least 40 points greater minimum 700. | Originator<br>Originator,XX<br>XX<br>Originator,XX | Reviewer Comment (2025-XX-23): Lender granted exception approval with compensating factors in loan file. |  |  | 5/XX/2025 3:51:18 PM | 2 B | 5/XX/2025 | FL | Investment | Refinance - Rate/Term | B A |  | N/A | No |
| 12025021117 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:33:35 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of Good Standing missing in loan file | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 748 | XX | Reviewer Comment (2025-XX-02): Waived with compensating factors at clients request.<br>Buyer Comment (2025-XX-30): Please accept and waive to an exception grade of 2 due the document being dated after closing due to the following compensating factors.<br> Super low ltv of 55%. Fico score 40+ points over the minimum required for this program/product. DSCR ratio over 1.00%. Borrower is an experienced property owner/landlord. Thank you. |  |  | 6/XX/2025 4:51:27 PM | 2 C B | 5/XX/2025 | OR | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 12025040864 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:33:35 PM | Credit | Business Purpose | General | Business Purpose | Missing Document: Spousal Consent not provided. | Borrower:XX | Borrower's marital status is married, but Spousal Consent form is missing | 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. | Loan to Value: 60.00000%<br> Guideline Maximum Loan to Value: 70.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 728 | XX<br>XX | Reviewer Comment (2025-XX-12): Waived with compensating factors at clients request.<br>Buyer Comment (2025-XX-10): Please waive to an exception grade of 2 based on the following compensating factors: <br> Borrower has a great ltv of 60% less than the program max allows. Borrowers dscr ratio is over 1.XX. Borrower is a seasoned property manager/landlord with no lates and a mid fico score 40+ points over the minimum required for this ltv of 60%. Thank you. |  |  | 6/XX/2025 7:14:53 AM | 2 C B | 5/XX/2025 | AZ | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025040864 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:33:35 PM | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 |  | Missing final Closing statement |  |  |  | Reviewer Comment (2025-XX-03): clear<br>Buyer Comment (2025-XX-02): Final HUD-1 attached. Thank you. | 6/XX/2025 5:32:46 PM |  |  | 1 D A | 5/XX/2025 | AZ | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025040864 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:33:35 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | Missing OFAC for the borrowing entity. |  |  |  | Reviewer Comment (2025-XX-03): clear<br>Buyer Comment (2025-XX-02): LLC OFAC SEARCH - CLEAR. PLEASE SEE ATTACHED. THANK YOU. | 6/XX/2025 5:29:12 PM |  |  | 1 C A | 5/XX/2025 | AZ | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| 12025010275 | XX | XX | XX |  | XXX | XXX | 5/XX/2025 5:55:17 PM | 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%. | 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 .XX. | Reserves: 22.13<br> Guideline Requirement: 2.00<br>Debt Service Coverage Ratio: 2.00<br> Guideline Requirement: 1.00 | Originator Pre-Close,XX<br>XX | Reviewer Comment (2025-XX-04): Waived with compensating factors per lender exception approval at origination.<br>Buyer Comment (2025-XX-03): exception |  |  | 6/XX/2025 6:11:05 PM | 2 C B | 5/XX/2025 | OH | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 12025031789 | XX | XX | XX |  | XXX | XXX | 6/XX/2025 5:21:15 PM | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. |  | The Non-Owner Occupancy Declaration is incomplete as Section 4A is missing the principal residence address. |  |  |  | Reviewer Comment (2025-XX-11): clear<br>Buyer Comment (2025-XX-09): Please find Borrowers primary address on form. Thank you. | 6/XX/2025 8:34:19 AM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 12025031789 | XX | XX | XX |  | XXX | XXX | 6/XX/2025 5:21:15 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | The file is missing the OFAC search for the borrowing business entity. |  |  |  | Reviewer Comment (2025-XX-11): clear<br>Buyer Comment (2025-XX-09): Please find clear LLC & Borrower name run thru OFAC. Thank you. | 6/XX/2025 8:34:08 AM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |

---

## Exhibit 99.1

**Exhibit 99.1 Schedule 3**

![](ex99-1sch3_001.jpg)

**Valuation Report**

**Run Date - 6/XX/2025 10:13:59 AM**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan ID | **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Note Date** | **Original Loan Amount** | **Sales Price** | **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 Company** | **Updated Valuation Report Date** | **Updated Valuation Effective Date** | **Aggregate Appraised Value** | **Aggregate Variance Amount** | **Aggregate Variance Percent** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **LCA Risk Score** | **Collateral Underwriter Risk Score** |
| 1984988 | XX | XX | XX |  | 1/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 11/XX/2024 | 11/XX/2024 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| 1969254 | XX | XX | XX |  | 12/XX/2024 | XX | XX | XX | $0.00 | 0.000% | XX | 11/XX/2024 | 11/XX/2024 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 11/XX/2024 | 11/XX/2024 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 1993835 | XX | XX | XX |  | 1/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 11/XX/2024 | 11/XX/2024 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 11/XX/2024 | 11/XX/2024 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.50 |
| 1993826 | XX | XX | XX |  | 1/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 10/XX/2024 | 10/XX/2024 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 1993832 | XX | XX | XX |  | 1/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 12/XX/2024 | 12/XX/2024 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 1993842 | XX | XX | XX |  | 2/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 1/XX/2025 | 1/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 1.90 |
| 12025021684 | XX | XX | XX |  | 3/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.80 |
| 12025021764 | XX | XX | XX |  | 3/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 2/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 2.30 |
| 12025030373 | XX | XX | XX |  | 3/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.20 |
| 12025021407 | XX | XX | XX |  | 3/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025031005 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.30 |
| 12025021229 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025022006 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 2/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 4.10 |
| 12025020036 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025011948 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 2/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 2/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025031464 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 2/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 2/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.60 |
| 12025031745 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.10 |
| 12025021369 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | XX | 0.817% | XX | 3/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Appraisal | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 4.30 |
| 12025021632 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 1/XX/2025 | 1/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 1/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.10 |
| 12025021164 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 5.00 |
| 12025030429 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025011486 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 1/XX/2025 | 1/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025030443 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025030662 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.60 |
| 12025031559 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 999.00 |
| 32025030961 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 2/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.20 |
| 12025031224 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.10 |
| 12025021332 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025031359 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.50 |
| 12025031467 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025030797 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | XX | 11.688% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 2/XX/2025 | 1/XX/2025 | Appraisal | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025031622 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 2/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 2/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.00 | 2.80 |
| 12025021278 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.40 |
| 12025030584 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.60 |
| 12025040757 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 5.00 |
| 12025040861 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.40 |
| 12025041344 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 4.40 |
| 12025041978 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025031476 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025041380 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025041418 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | XX | 2.125% | 4/XX/2025 | 4/XX/2025 | Appraisal | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.80 |
| 12025041555 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.70 |
| 12025040257 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025041830 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.60 |
| 12025030883 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025031588 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 3.10 |
| 12025032059 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025042038 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.90 |
| 12025042453 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.10 |
| 12025042350 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025041179 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 5/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025040882 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.90 |
| 12025020909 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | 1.00 |
| 12025041739 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | XX | 1.552% | 5/XX/2025 | 5/XX/2025 | Appraisal | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.20 |
| 12025040427 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.40 |
| 12025021902 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.40 |
| 12025030170 | XX | XX | XX |  | 3/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 1/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 1/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025021157 | XX | XX | XX |  | 3/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  | XX | XX | -9.615% | 3/XX/2025 | 2/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025021740 | XX | XX | XX |  | 3/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.70 |
| 12025021973 | XX | XX | XX |  | 3/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 2/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 2/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025021893 | XX | XX | XX |  | 3/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 1/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 1/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025010977 | XX | XX | XX |  | 3/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 2/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025031187 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025021392 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.20 |
| 12025030844 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.00 |
| 12025030344 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025020823 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 2/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025021871 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025031613 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.70 |
| 12025020846 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 2/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.60 |
| 12025021762 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025021845 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.80 |
| 12025020630 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.70 |
| 12025022088 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025030859 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025030209 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12024110301 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 1/XX/2025 | 11/XX/2024 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 1/XX/2025 | 11/XX/2024 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025040025 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025030699 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025030077 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.10 |
| 12025032144 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | XX | -5.120% | 4/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025031129 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025031355 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 2/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025032463 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 2/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025032461 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 2/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025032128 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | XX | -1.720% | 4/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025021961 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025031526 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025031011 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.40 |
| 12025032269 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.60 |
| 12025031891 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025020662 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 2/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.40 |
| 12025021057 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.90 |
| 12025030782 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025021633 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 2/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025021815 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 11/XX/2024 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 11/XX/2024 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025031225 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 1/XX/2025 | 1/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 1/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 32025030926 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 2/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 2/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 2.60 |
| 12025031358 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 11/XX/2024 | 11/XX/2024 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 11/XX/2024 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025030999 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025030330 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 2/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025030484 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.80 |
| 12025021616 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025030919 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.90 |
| 12025032125 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025032179 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 32025031417 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| 12025030554 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 2/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 2/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025011674 | XX | XX | XX |  | 4/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 2/XX/2025 | 2/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025031915 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | XX | -6.422% | 4/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025040076 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025021994 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025032651 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.40 |
| 12025041649 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025040400 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 5/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 5/XX/2025 | 5/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025031351 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 4.00 |
| 12025032389 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025040278 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 1/XX/2025 | 1/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 1/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025040883 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 5/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.90 |
| 12025041720 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025011802 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025020294 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 2/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 2/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025030556 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025021354 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.60 |
| 12025031798 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.50 |
| 12025031803 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.20 |
| 12025031793 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.20 |
| 12025031801 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.30 |
| 12025032360 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025041092 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025041671 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.30 |
| 12025041391 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025041424 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 1/XX/2025 | 1/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 1/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.40 |
| 12025041763 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025040998 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025050084 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | XX | -8.696% | 5/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025031809 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.20 |
| 12025021541 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | XX | -7.358% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025031208 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025031445 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025031768 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 5.00 |
| 12025031783 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.70 |
| 12025031805 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.70 |
| 12025030483 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.50 |
| 12025040325 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.50 | 4.10 |
| 12025040635 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.50 |
| 12025041444 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 2/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025041478 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.00 |
| 12025010681 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 2/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.90 |
| 12025040148 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025040320 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025040509 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025041608 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 1.30 |
| 12025041617 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.50 | 2.40 |
| 12025042624 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025031840 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.30 |
| 12025040369 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025010941 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 2/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025040751 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025041010 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025041945 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025042111 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 5/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025040992 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025041336 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.90 |
| 12025030810 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025041191 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025041008 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 32025040269 | XX | XX | XX |  | 4/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025040270 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025041171 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025041254 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.00 |
| 12025041145 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.70 |
| 12025012001 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 2/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 999.00 |
| 12025030958 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025042731 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 5/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025021061 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.90 |
| 12025040029 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025042025 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | XX | 11.010% | XX | 5/XX/2025 | 5/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 5/XX/2025 | 5/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025032622 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025020044 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | XX | -3.571% | 3/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.20 |
| 12025040457 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | XX | -9.375% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 5.00 |
| 12025041009 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025021199 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 2/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 2/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025021710 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 2/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025040467 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 2.80 |
| 12025032647 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 4.40 |
| 12025040938 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 5/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025021612 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025031932 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.50 |
| 12025040468 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.60 |
| 12025040238 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.50 |
| 12025031248 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025031251 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025032610 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025030050 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 3/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025031846 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.30 |
| 12025032133 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.70 |
| 12025032644 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025042043 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025040459 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025041880 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025041912 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025030159 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.10 |
| 12025030287 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 5/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 5/XX/2025 | 5/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.30 |
| 12025030813 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.70 |
| 12025032680 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025031946 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025042472 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 5/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12024121033 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 3/XX/2025 | 1/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 1/XX/2025 | 1/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025041494 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025041118 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025041868 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | XX | -5.882% | 5/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025042189 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| 12025021896 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025032034 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.20 |
| 12025031830 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025042378 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 5/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.40 |
| 12025041276 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 5/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.40 |
| 12025042254 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.30 |
| 12025041294 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025041458 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 5/XX/2025 | Appraisal | XX | XX | XX |  | XX | XX | 1.667% | 5/XX/2025 | 4/XX/2025 | Appraisal | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025040535 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 4.00 |
| 12025032503 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025042674 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 5/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025041980 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 5/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.50 |
| 12025040344 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.20 |
| 12025032502 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.30 |
| 12025021117 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 3/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 3/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025040864 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025040338 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.10 |
| 12025031955 | XX | XX | XX |  | 5/XX/2025 | XX | XX | XX | $0.00 | 0.000% | XX | 5/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 12025010275 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 2/XX/2025 | 2/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 2/XX/2025 | 2/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 12025031789 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.10 |
| 12025032238 | XX | XX | XX |  | 5/XX/2025 | XX |  | XX | $0.00 | 0.000% | XX | 4/XX/2025 | 4/XX/2025 | Appraisal | XX | XX | XX |  | XX | $0.00 | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |

---

## Exhibit 99.1

**Exhibit 99.1 Schedule 4**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | 91 | 92 | 93 | 94 | 95 | 96 | 97 | 98 | 99 | 100 | 101 | 102 | 103 | 104 | 105 | 106 | 107 | 108 | 109 | 110 | 111 | 112 | 113 | 114 | 115 | 116 | 117 | 118 | 119 | 120 | 121 | 122 | 123 | 124 | 125 | 126 | 127 | 128 | 129 | 130 | 131 | 132 | 133 | 134 | 135 | 136 | 137 | 138 | 139 | 140 | 141 | 142 | 143 | 144 | 145 | 146 | 147 | 148 | 149 | 150 | 151 | 152 | 153 | 154 | 155 | 156 | 157 | 158 | 159 | 160 | 161 | 162 | 163 | 164 | 165 | 166 | 167 | 168 | 169 | 170 | 171 | 172 | 173 | 174 | 175 | 176 | 177 | 178 | 179 | 180 | 181 | 182 | 183 | 184 | 185 | 186 | 187 | 188 | 189 | 190 | 191 | 192 | 193 | 194 | 195 | 196 | 197 | 198 | 199 | 200 | 201 | 202 | 203 | 204 | 205 | 206 | 207 | 208 | 209 | 210 | 211 | 212 | 213 | 214 | 215 | 216 | 217 | 218 | 219 | 220 | 221 | 222 | 223 | 224 | 225 | 226 | 227 | 228 | 229 | 230 | 231 | 232 | 233 | 234 | 235 | 236 | 237 | 238 | 239 | 240 | 241 | 242 | 243 | 244 | 245 | 246 | 247 | 248 | 249 | 250 | 251 | 252 | 253 | 254 | 255 | 256 | 257 | 258 | 259 | 260 | 261 | 262 | 263 | 264 | 265 | 266 | 267 | 268 | 269 | 270 | 271 | 272 | 273 | 274 | 275 | 276 | 277 | 278 | 279 | 280 | 281 | 282 | 283 | 284 | 285 | 286 | 287 | 288 | 289 | 290 | 291 | 292 | 293 | 294 | 295 | 296 | 297 | 298 | 299 | 300 | 301 | 302 | 303 | 304 | 305 | 306 | 307 | 308 | 309 | 310 | 311 | 312 | 313 | 314 | 315 | 316 | 317 | 318 | 319 | 320 | 321 | 322 | 323 | 324 | 325 | 326 | 327 | 328 | 329 | 330 | 331 | 332 | 333 | 334 | 335 | 336 | 337 |
|  | ![](ex99-1sch4_001.jpg) | ![](ex99-1sch4_001.jpg) | ![](ex99-1sch4_001.jpg) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | **ASF Addendum - Business Purpose** | **ASF Addendum - Business Purpose** | **ASF Addendum - Business Purpose** | **ASF Addendum - Business Purpose** | **ASF Addendum - Business Purpose** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | **Run Date - 6/26/2025 10:14:01 AM** | **Run Date - 6/26/2025 10:14:01 AM** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan ID | **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Seller Name** | **Originator Name** | **Guideline Author** | **Loan Program** | **Loan Program Date** | **Executed NOO Docs in File** | **Lease In Place Flag** | **Rental Purpose** | **Actual In Place Rent** | **Third Party Market Rent Estimate** | **Third Party Rent Source** | **Rental Income Used for Property DSCR Calculation** | **Rental Source for Property DTI Calculation** | **Calculated Monthly Debt** | **Property DTI** | **Investor DTI** | **Inverse DSCR** | **Net Operating Income** | **Total Debt Service** | **DSCR** | **Total DSCR** | **PITIA** | **Lease End Date** | **Original Lease Term** | **Lease in Place Flag Unit 1** | **Lease Start Date Unit 1** | **Lease End Date Unit 1** | **Original Lease Term Unit 1** | **Rental Purpose Unit 1** | **Actual In Place Rent Unit 1** | **Third Party Market Rent Estimate Unit 1** | **Lease in Place Flag Unit 2** | **Lease Start Date Unit 2** | **Lease End Date Unit 2** | **Original Lease Term Unit 2** | **Rental Purpose Unit 2** | **Actual In Place Rent Unit 2** | **Third Party Market Rent Estimate Unit 2** | **Lease in Place Flag Unit 3** | **Lease Start Date Unit 3** | **Lease End Date Unit 3** | **Original Lease Term Unit 3** | **Rental Purpose Unit 3** | **Actual In Place Rent Unit 3** | **Third Party Market Rent Estimate Unit 3** | **Lease in Place Flag Unit 4** | **Lease Start Date Unit 4** | **Lease End Date Unit 4** | **Original Lease Term Unit 4** | **Rental Purpose Unit 4** | **Actual In Place Rent Unit 4** | **Third Party Market Rent Estimate Unit 4** | **Lease in Place Flag Unit 5** | **Lease Start Date Unit 5** | **Lease End Date Unit 5** | **Original Lease Term Unit 5** | **Rental Purpose Unit 5** | **Actual In Place Rent Unit 5** | **Third Party Market Rent Estimate Unit 5** | **Lease in Place Flag Unit 6** | **Lease Start Date Unit 6** | **Lease End Date Unit 6** | **Original Lease Term Unit 6** | **Rental Purpose Unit 6** | **Actual In Place Rent Unit 6** | **Third Party Market Rent Estimate Unit 6** | **Lease in Place Flag Unit 7** | **Lease Start Date Unit 7** | **Lease End Date Unit 7** | **Original Lease Term Unit 7** | **Rental Purpose Unit 7** | **Actual In Place Rent Unit 7** | **Third Party Market Rent Estimate Unit 7** | **Lease in Place Flag Unit 8** | **Lease Start Date Unit 8** | **Lease End Date Unit 8** | **Original Lease Term Unit 8** | **Rental Purpose Unit 8** | **Actual In Place Rent Unit 8** | **Third Party Market Rent Estimate Unit 8** | **Lease in Place Flag Unit 9** | **Lease Start Date Unit 9** | **Lease End Date Unit 9** | **Original Lease Term Unit 9** | **Rental Purpose Unit 9** | **Actual In Place Rent Unit 9** | **Third Party Market Rent Estimate Unit 9** | **Lease in Place Flag Unit 10** | **Lease Start Date Unit 10** | **Lease End Date Unit 10** | **Original Lease Term Unit 10** | **Rental Purpose Unit 10** | **Actual In Place Rent Unit 10** | **Third Party Market Rent Estimate Unit 10** | **Rent Loss Insurance** | **Rent Loss Insurance Amount** | **HOA Flag** | **HOA Monthly Premium Amount** | **Monthly Property Tax** | **Monthly Insurance Cost** | **Asset Verification** | **Blanket Mortgage Flag** | **Number of Mortgaged Properties With Lender** | **Number of Properties** | **Foreign National Alternative Credit Documentation** | **Foreign National Borrower 1** | **Foreign National Borrower 2** | **Investor Type** | **Number of Years Property Owned** | **Borrower Residency Status** | **Co Borrower Residency Status** | **Qualifying Credit Score** | **Months Bankruptcy 7 11** | **Months Bankruptcy 13** | **Months Deed in Lieu** | **Months Short Sale or Pre FC** | **Prior Mtg Rent Late 30d in 12m** | **Prior Mtg Rent Late 60d in 12m** | **Prior Mtg Rent Late 90d in 12m** | **Prior Mtg Rent Late 30d in 24m** | **Prior Mtg Rent Late 60d in 24m** | **Prior Mtg Rent Late 90d in 24m** | **Section 8** | **Street Address** | **Borrower 1 Type** | **Borrower 1 Designation** | **Borrower 1 Employment Status** | **Borrower 1 First Name** | **Borrower 1 Last Name** | **Borrower 1 Number of Mortgaged Properties** | **Borrower 1 Citizenship** | **Borrower 1 Documentation Used to Determine Legal Residency** | **Borrower 1 Country Name** | **Borrower 1 Asset Verification Level** | **Borrower 1 Credit Order Date** | **Borrower 1 Experian FICO** | **Borrower 1 Experian FICO Model Used** | **Borrower 1 Equifax FICO** | **Borrower 1 Equifax FICO Model Used** | **Borrower 1 TransUnion FICO** | **Borrower 1 TransUnion FICO Model Used** | **Borrower 2 Type** | **Borrower 2 Designation** | **Borrower 2 Employment Status** | **Borrower 2 First Name** | **Borrower 2 Last Name** | **Borrower 2 Number of Mortgaged Properties** | **Borrower 2 Citizenship** | **Borrower 2 Documentation Used to Determine Legal Residency** | **Borrower 2 Country Name** | **Borrower 2 Asset Verification Level** | **Borrower 2 Credit Order Date** | **Borrower 2 Experian FICO** | **Borrower 2 Experian FICO Model Used** | **Borrower 2 Equifax FICO** | **Borrower 2 Equifax FICO Model Used** | **Borrower 2 TransUnion FICO** | **Borrower 2 TransUnion FICO Model Used** | **Borrower 3 Designation** | **Borrower 3 First Name** | **Borrower 3 Last Name** | **Borrower 3 Number of Mortgaged Properties** | **Borrower 3 Citizenship** | **Borrower 3 Documentation Used to Determine Legal Residency** | **Borrower 3 Country Name** | **Borrower 3 Asset Verification Level** | **Borrower 3 Credit Order Date** | **Borrower 3 Experian FICO** | **Borrower 3 Experian FICO Model Used** | **Borrower 3 Equifax FICO** | **Borrower 3 Equifax FICO Model Used** | **Borrower 3 TransUnion FICO** | **Borrower 3 TransUnion FICO Model Used** | **Borrower 4 Designation** | **Borrower 4 First Name** | **Borrower 4 Last Name** | **Borrower 4 Number of Mortgaged Properties** | **Borrower 4 Citizenship** | **Borrower 4 Documentation Used to Determine Legal Residency** | **Borrower 4 Country Name** | **Borrower 4 Asset Verification Level** | **Borrower 4 Credit Order Date** | **Borrower 4 Experian FICO** | **Borrower 4 Experian FICO Model Used** | **Borrower 4 Equifax FICO** | **Borrower 4 Equifax FICO Model Used** | **Borrower 4 TransUnion FICO** | **Borrower 4 TransUnion FICO Model Used** | **Personal Guarantee** | **Guarantor 1 First Name** | **Guarantor 1 Last Name** | **Guarantor 1 Business Ownership Percent** | **Guarantor 1 Recourse Type** | **Guarantor 1 Number of Mortgaged Properties** | **Guarantor 1 Citizenship** | **Guarantor 1 Documentation Used to Determine Legal Residency** | **Guarantor 1 Country Name** | **Guarantor 1 Asset Verification Level** | **Guarantor 1 Employment Verification Level** | **Guarantor 1 Income Verification Level** | **Guarantor 1 FICO Model Used** | **Guarantor 1 Credit Order Date** | **Guarantor 1 Experian FICO** | **Guarantor 1 Experian FICO Model Used** | **Guarantor 1 Equifax FICO** | **Guarantor 1 Equifax FICO Model Used** | **Guarantor 1 TransUnion FICO** | **Guarantor 1 TransUnion FICO Model Used** | **Guarantor 1 Most Recent Fico Method** | **Guarantor 2 First Name** | **Guarantor 2 Last Name** | **Guarantor 2 Business Ownership Percent** | **Guarantor 2 Recourse Type** | **Guarantor 2 Number of Mortgaged Properties** | **Guarantor 2 Citizenship** | **Guarantor 2 Documentation Used to Determine Legal Residency** | **Guarantor 2 Country Name** | **Guarantor 2 Asset Verification Level** | **Guarantor 2 Employment Verification Level** | **Guarantor 2 Income Verification Level** | **Guarantor 2 FICO Model Used** | **Guarantor 2 Credit Order Date** | **Guarantor 2 Experian FICO** | **Guarantor 2 Experian FICO Model Used** | **Guarantor 2 Equifax FICO** | **Guarantor 2 Equifax FICO Model Used** | **Guarantor 2 TransUnion FICO** | **Guarantor 2 TransUnion FICO Model Used** | **Guarantor 2 Most Recent Fico Method** | **Guarantor 3 First Name** | **Guarantor 3 Last Name** | **Guarantor 3 Business Ownership Percent** | **Guarantor 3 Recourse Type** | **Guarantor 3 Number of Mortgaged Properties** | **Guarantor 3 Citizenship** | **Guarantor 3 Documentation Used to Determine Legal Residency** | **Guarantor 3 Country Name** | **Guarantor 3 Asset Verification Level** | **Guarantor 3 Employment Verification Level** | **Guarantor 3 Income Verification Level** | **Guarantor 3 FICO Model Used** | **Guarantor 3 Credit Order Date** | **Guarantor 3 Experian FICO** | **Guarantor 3 Experian FICO Model Used** | **Guarantor 3 Equifax FICO** | **Guarantor 3 Equifax FICO Model Used** | **Guarantor 3 TransUnion FICO** | **Guarantor 3 TransUnion FICO Model Used** | **Guarantor 3 Most Recent Fico Method** | **Guarantor 4 First Name** | **Guarantor 4 Last Name** | **Guarantor 4 Business Ownership Percent** | **Guarantor 4 Recourse Type** | **Guarantor 4 Number of Mortgaged Properties** | **Guarantor 4 Citizenship** | **Guarantor 4 Documentation Used to Determine Legal Residency** | **Guarantor 4 Country Name** | **Guarantor 4 Asset Verification Level** | **Guarantor 4 Employment Verification Level** | **Guarantor 4 Income Verification Level** | **Guarantor 4 FICO Model Used** | **Guarantor 4 Credit Order Date** | **Guarantor 4 Experian FICO** | **Guarantor 4 Experian FICO Model Used** | **Guarantor 4 Equifax FICO** | **Guarantor 4 Equifax FICO Model Used** | **Guarantor 4 TransUnion FICO** | **Guarantor 4 TransUnion FICO Model Used** | **Guarantor 4 Most Recent Fico Method** | **Authorized Signor 1 First Name** | **Authorized Signor 1 Last Name** | **Authorized Signor 2 First Name** | **Authorized Signor 2 Last Name** | **Member 1 First Name** | **Member 1 Last Name** | **Member 1 Documentation Used to Determine Legal Residency** | **Member 1 Credit Order Date** | **Member 1 Experian FICO** | **Member 1 Experian FICO Model Used** | **Member 1 Equifax FICO** | **Member 1 Equifax FICO Model Used** | **Member 1 TransUnion FICO** | **Member 1 TransUnion FICO Model Used** | **Member 1 Asset Verification Level** | **Member 1 Employment Verification Level** | **Member 1 Income Verification Level** | **Member 2 First Name** | **Member 2 Last Name** | **Member 2 Documentation Used to Determine Legal Residency** | **Member 2 Credit Order Date** | **Member 2 Experian FICO** | **Member 2 Experian FICO Model Used** | **Member 2 Equifax FICO** | **Member 2 Equifax FICO Model Used** | **Member 2 TransUnion FICO** | **Member 2 TransUnion FICO Model Used** | **Member 2 Asset Verification Level** | **Member 2 Employment Verification Level** | **Member 2 Income Verification Level** | **Loan Application Date** | **Sales Contract Date** | **Qualifying Home Value for LTV** | **Number of Units** | **Year Built** | **Total Sq Ft** | **Number of Bedrooms** | **Number of Bathrooms** | **Property Condition** | **Acquisition Cost** | **Renovation Cost** | **Effective Gross Income** | **Turnover Costs** | **Repairs and Maintenance** | **Marketing and Leasing Costs** | **Utilities** | **Other Costs** | **Cap Ex Reserve** | **Investment Property Original As Is LTV** | **As Is Value** | **After Repair Value** | **After Repair Value LTV** | **Loan to Cost** | **Original Sales Price** | **Assignment Fee** | **Loan to Purchase Price** | **SBC Occupancy** | **Investment Property Type** | **Has Dutch Interest** | **Interest Reserves Escrowed** | **Guarantor 1 ITIN Flag** | **Guarantor 2 ITIN Flag** | **Guarantor 3 ITIN Flag** | **Guarantor 4 ITIN Flag** |
| 1984988 | XX | XX | XX |  |  | XX | XX | XX | 10/XX/2024 | Yes | No | Long Term |  | $3450.00 | 1004/70 | $3450.00 | Third Party Rental Source | $3442.54 |  | 0.000000 | 1 |  |  | 1.00 | 1 | $3442.54 |  |  | No |  |  |  | Long Term |  | $3450.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $42700.00 | No |  | $618.45 | $229.67 | Level 4-Stated/Verified as defined | No | 1 | 9 | No | No |  | Experienced Investor |  | US Citizen |  | 758 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 8 | US Citizen |  |  | Level 4-Stated/Verified as defined | 10/21/2024 | 758 | Fair Isaac (VER. 2) | 754 | FICO Classic V5 Facta | 769 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1948 | 1464 | 3 | 2 | C4 | XX | $0.00 |  |  |  |  |  |  |  | 73.585% | XX |  |  |  |  |  | 75.000% |  |  |  |  |  |  |  |  |
| 1969254 | XX | XX | XX |  |  | XX | XX | XX | 4/XX/2024 | Yes | No | Long Term |  | $5400.00 | 1004/70 | $5400.00 | Third Party Rental Source | $4057.67 |  | 0.000000 | 0.75 |  |  | 1.33 | 1.33 | $4057.67 |  |  | No |  |  |  | Long Term |  | $5400.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $89800.00 | Yes | $232.00 | $880.32 | $202.06 | Level 4-Stated/Verified as defined | No | 1 | 2 | No | No |  | Experienced Investor |  | US Citizen |  | 757 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 10/16/2024 | 783 | Fair Isaac (VER. 2) | 707 | FICO Classic V5 Facta | 757 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 2024 | 3649 | 5 | 3.1 | C1 | XX | $0.00 |  |  |  |  |  |  |  | 41.200% | XX |  |  |  |  |  | 48.775% |  |  |  |  |  |  |  |  |
| 1993835 | XX | XX | XX |  |  | XX | XX | XX | 4/XX/2024 | Yes | Yes | Long Term | $2295.00 | $2295.00 | 1004/70 | $2295.00 | Rent on Existing Lease | $2286.03 |  | 0.000000 | 1 |  |  | 1.00 | 1 | $2286.03 |  |  | Yes | 01/01/2025 | 12/31/2026 | 24 | Long Term | $2295.00 | $2295.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $18564.00 | No |  | $500.83 | $175.89 | Level 4-Stated/Verified as defined | No | 1 | 2 | No | No |  | Experienced Investor | 3.34 | US Citizen |  | 736 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 01/07/2025 | 756 | Fair Isaac (VER. 2) | 736 | FICO Classic V5 Facta | 727 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1971 | 887 | 2 | 1 | C4 |  | $0.00 |  |  |  |  |  |  |  | 54.444% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1993826 | XX | XX | XX |  |  | XX | XX | XX | 10/XX/2024 | Yes | No | Long Term |  | $3200.00 | 1004/70 | $3200.00 | Third Party Rental Source | $3078.38 |  | 0.000000 | 0.96 |  |  | 1.04 | 1.04 | $3078.38 |  |  | No |  |  |  | Long Term |  | $3200.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $44360.00 | No |  | $1023.62 | $118.58 | Level 4-Stated/Verified as defined | No | 1 | 1 | No | No |  | Experienced Investor |  | US Citizen |  | 779 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 10/11/2024 | 792 | Fair Isaac (VER. 2) | 779 | FICO Classic V5 Facta | 762 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1918 | 936 | 2 | 1 | C4 | XX | $0.00 |  |  |  |  |  |  |  | 65.000% | XX |  |  |  |  |  | 65.000% |  |  |  |  |  |  |  |  |
| 1993832 | XX | XX | XX |  |  | XX | XX | XX | 10/XX/2024 | Yes | No | Long Term |  | $2300.00 | 1004/70 | $2300.00 | Third Party Rental Source | $2295.38 |  | 0.000000 | 1 |  |  | 1.00 | 1 | $2295.38 |  |  | No |  |  |  | Long Term |  | $2300.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $50000.00 | No |  | $708.04 | $90.56 | Level 4-Stated/Verified as defined | No | 1 | 4 | No | No |  | Experienced Investor |  | US Citizen |  | 762 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 4 | US Citizen |  |  | Level 4-Stated/Verified as defined | 11/26/2024 | 771 | Fair Isaac (VER. 2) | 762 | FICO Classic V5 Facta | 736 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1930 | 1136 | 2 | 1 | C4 | XX | $0.00 |  |  |  |  |  |  |  | 69.231% | XX |  |  |  |  |  | 75.000% |  |  |  |  |  |  |  |  |
| 1993842 | XX | XX | XX |  |  | XX | XX | XX | 10/XX/2024 | No |  |  |  |  |  |  |  | $8009.82 |  | 0.424765 |  |  |  |  |  | $8009.82 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | $1158.11 | $122.42 | Level 4-Stated/Verified as defined |  |  |  | No | No |  |  |  | US Citizen |  | 726 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Individual | Individual | Employed | XX | XX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 11/13/2024 | 726 | Fair Isaac (VER. 2) | 722 | FICO Classic V5 Facta | 728 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1962 | 1540 | 3 | 2 | C3 |  |  | $22386.10 |  |  |  |  |  |  |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025021229 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes |  |  |  |  |  |  |  | $2878.84 |  | 0.496595 |  |  |  |  |  | $2878.84 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | $432.22 | $170.15 | Level 1-Not Stated/Not Verified |  |  |  | No |  |  |  | 0.63 |  |  | 752 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | LLC | Business Entity | Unemployed |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX |  | Full Recourse | 6 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 3-Stated/Verified as defined | Level 3-Stated/Partially Verified | Classic | 03/05/2025 | 767 | Fair Isaac (VER. 2) | 747 | Beacon 5 | 752 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1986 | 2411 | 4 | 3 | C3 |  |  | $18933.97 |  |  |  |  |  |  |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025022006 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | No |  |  |  |  |  |  |  | $14579.12 |  | 0.357621 |  |  |  |  |  | $14579.12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | $1650.02 | $424.43 | Level 4-Stated/Verified as defined |  |  |  | No | No |  |  | 0.68 | US Citizen |  | 705 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Individual | Individual | Employed | XX | XX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 01/30/2025 | 705 | Fair Isaac (VER. 2) | 677 | FICO Classic V5 Facta | 710 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1960 | 3536 | 5 | 3.1 | C3 |  |  | $73094.00 |  |  |  |  |  |  |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025021369 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes |  |  |  |  |  |  |  | $26640.53 |  | 0.156539 |  |  |  |  |  | $26640.53 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $2200.00 | $4325.91 | $157.08 | Level 1-Not Stated/Not Verified |  |  |  | No |  |  |  | 1.99 |  |  | 682 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | LLC | Business Entity | Unemployed |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX |  | Full Recourse | 2 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 3-Stated/Verified as defined | Level 3-Stated/Partially Verified | Classic | 03/26/2025 | 682 | Fair Isaac (VER. 2) | 699 | FICO Classic V5 Facta | 668 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2023 | 2237 | 3 | 3.1 | C2 |  |  | $158450.75 |  |  |  |  |  |  |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025021632 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes |  |  |  |  |  |  |  | $5494.51 |  | 0.331141 |  |  |  |  |  | $5494.51 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | $1211.07 | $368.07 | Level 1-Not Stated/Not Verified |  |  |  | No |  |  |  |  |  |  | 761 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Individual | Business Entity | Unemployed |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX |  | Full Recourse | 3 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 3-Stated/Verified as defined | Level 3-Stated/Partially Verified | Classic | 03/20/2025 | 760 | FICO II | 761 | Beacon 5 | 773 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1940 | 2056 | 3 | 2 | C3 | XX |  | $30352.75 |  |  |  |  |  |  |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025030429 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes |  |  |  |  |  |  |  | $1274.69 |  | 0.069252 |  |  |  |  |  | $1274.69 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | $154.55 | $114.62 | Level 4-Stated/Verified as defined |  |  |  | No | No | No |  | 0.82 | US Citizen | US Citizen | 747 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Individual | Individual | Employed | XX | XX | 3 | US Citizen |  |  | Level 4-Stated/Verified as defined | 01/13/2025 | 747 | Fair Isaac (VER. 2) | 743 | FICO Classic V5 Facta | 747 | FICO Risk Score Classic 04 | Individual | Individual | Unemployed | XX | XX | 3 | US Citizen |  |  | Level 4-Stated/Verified as defined | 01/13/2025 | 710 | Fair Isaac (VER. 2) | 716 | FICO Classic V5 Facta | 717 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1968 | 1274 | 3 | 1.1 | C4 |  |  | $82579.61 |  |  |  |  |  |  |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025042350 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | No |  |  |  |  |  |  |  | $2724.66 |  | 0.301309 |  |  |  |  |  | $2724.66 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $18.33 | $510.08 | $120.35 | Level 3-Stated/Partially Verified |  |  |  | No | No |  |  |  | US Citizen |  | 760 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Individual | Individual | Employed | XX | XX | 2 | US Citizen |  |  | Level 3-Stated/Partially Verified | 03/19/2025 | 758 | Fair Isaac (VER. 2) | 760 | FICO Classic V5 Facta | 763 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2024 | 1714 | 3 | 2 | C1 | XX |  | $24429.62 |  |  |  |  |  |  |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025040882 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes |  |  |  |  |  |  |  | $5615.56 |  | 0.139278 |  |  |  |  |  | $5615.56 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $12.50 | $214.15 | $269.92 | Level 1-Not Stated/Not Verified |  |  |  | No |  |  |  | 1.71 |  |  | 758 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | LLC | Business Entity | Unemployed |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX |  | Full Recourse | 4 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 3-Stated/Verified as defined | Level 3-Stated/Partially Verified | Classic | 04/09/2025 | 778 | Fair Isaac (VER. 2) | 739 | FICO Classic V5 Facta | 737 | FICO Risk Score Classic 04 | 3 | XX | XX |  | Full Recourse | 4 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 3-Stated/Verified as defined | Level 3-Stated/Partially Verified | Classic | 04/09/2025 | 758 | Fair Isaac (VER. 2) | 749 | FICO Classic V5 Facta | 760 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2011 | 3692 | 4 | 3 | C3 |  |  | $117717.60 |  |  |  |  |  |  |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025021902 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes |  |  |  |  |  |  |  | $5706.03 |  | 0.415975 |  |  |  |  |  | $5706.03 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $66.00 | $796.88 | $363.08 | Level 4-Stated/Verified as defined |  |  |  | No | No |  |  |  | Non-Permanent Resident Alien |  | 722 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Individual | Individual | Employed | XX | XX | 1 | Non-Permanent Resident Alien | Employment Authorization | XX | Level 4-Stated/Verified as defined | 04/29/2025 | 737 | Fair Isaac (VER. 2) | 722 | FICO Classic V5 Facta | 714 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2004 | 3018 | 4 | 3.1 | C3 | XX |  | $15510.62 |  |  |  |  |  |  |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025030170 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $1600.00 | 1004/70 | $1600.00 | Third Party Rental Source | $1546.51 |  | 0.000000 | 0.97 |  |  | 1.03 | 1.03 | $1546.51 |  |  | No |  |  |  | Long Term |  | $1600.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $181.97 | $164.83 | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  |  | Experienced Investor | 0.32 |  |  | 759 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 2 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 02/28/2025 | 791 | Fair Isaac (VER. 2) | 757 | FICO Classic V5 Facta | 759 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1953 | 998 | 3 | 1.1 | C3 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025021157 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $9000.00 | 1025/72 | $9000.00 | Third Party Rental Source | $6724.29 |  | 0.000000 | 0.75 |  |  | 1.34 | 1.34 | $6724.29 |  |  | No |  |  |  | Long Term |  | $4500.00 | No |  |  |  | Long Term |  | $4500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $50000.00 | No |  | $525.01 | $506.36 | Level 4-Stated/Verified as defined | No | 1 | 11 | No |  |  | Experienced Investor | 0.36 |  |  | 776 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 9 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 02/17/2025 | 776 | Fair Isaac (VER. 2) | 777 | FICO Classic V5 Facta | 768 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 2 | 1910 | 2230 | 6 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 65.000% | XX |  |  | 136.290% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025021740 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $2500.00 | $1775.00 | 1004/70 | $2525.00 | Multiple Sources | $1990.67 |  | 0.000000 | 0.79 |  |  | 1.27 | 1.27 | $1990.67 |  |  | Yes | 03/01/2025 | 09/30/2025 | 7 | Long Term | $2500.00 | $1775.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | No |  | $438.26 | $158.39 | Level 1-Not Stated/Not Verified | No | 1 | 2 | No |  |  | Experienced Investor | 4.38 |  |  | 711 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 51.00% | Full Recourse | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 3-Stated/Partially Verified | Classic | 02/25/2025 | 700 | Fair Isaac (VER. 2) | 737 | FICO Classic V5 Facta | 711 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2003 | 1323 | 3 | 2 | C4 |  | $0.00 | $750.00 |  |  |  |  |  |  | 78.512% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025021973 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $1100.00 | 1004/70 | $1100.00 | Third Party Rental Source | $1064.32 |  | 0.000000 | 0.97 |  |  | 1.03 | 1.03 | $1064.32 |  |  | No |  |  |  | Long Term |  | $1100.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $11500.00 | No |  | $81.72 | $151.00 | Level 4-Stated/Verified as defined | No | 1 | 10 | No |  |  | Experienced Investor | 0.45 |  |  | 784 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  | LLC | Business Entity |  |  | XX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX |  | Full Recourse | 4 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 02/27/2025 | 756 | Fair Isaac (VER. 2) | 792 | FICO Classic V5 Facta | 784 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1922 | 842 | 2 | 1 | C2 |  | $0.00 |  |  |  |  |  |  |  | 78.322% | XX |  |  |  | $0.00 |  |  |  |  |  |  |  |  |  |  |
| 12025021893 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $5250.00 | 1025/72 | $5250.00 | Third Party Rental Source | $3897.49 |  | 0.000000 | 0.74 |  |  | 1.35 | 1.35 | $3897.49 |  |  | No |  |  |  | Long Term |  | $1250.00 | No |  |  |  | Long Term |  | $1375.00 | No |  |  |  | Long Term |  | $1250.00 | No |  |  |  | Long Term |  | $1375.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $21500.00 | Yes | $25.00 | $668.75 | $137.50 | Level 3-Stated/Partially Verified | No | 1 | 1 | No | No |  | Experienced Investor |  | US Citizen |  | 743 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | 02/27/2025 | 752 | Fair Isaac (VER. 2) | 732 | FICO Classic V5 Facta | 743 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 4 | 2025 | 4181 | 10 | 8 | Good | XX | $0.00 |  |  |  |  |  |  |  | 80.000% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12025010977 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2850.00 | 1004/70 | $2850.00 | Third Party Rental Source | $2103.39 |  | 0.000000 | 0.74 |  |  | 1.35 | 1.35 | $2103.39 |  |  | No |  |  |  | Long Term |  | $2850.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $26500.00 | No |  | $476.99 | $149.58 | Level 3-Stated/Partially Verified | No | 1 | 1 | No | No |  | First-Time Investor | 0.39 | Non-Permanent Resident Alien |  | 712 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | Non-Permanent Resident Alien |  |  | Level 3-Stated/Partially Verified | 01/17/2025 | 710 | Fair Isaac (VER. 2) | 712 | FICO Classic V5 Facta | 730 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1933 | 1863 | 4 | 1.1 | C3 |  | $0.00 |  |  |  |  |  |  |  | 60.000% | XX |  |  | 94.468% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025031187 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $10840.00 | $11400.00 | 1025/72 | $10840.00 | Rent on Existing Lease | $6224.45 |  | 0.000000 | 0.57 |  |  | 1.74 | 1.74 | $6224.45 |  |  | Yes | 07/01/2024 | 06/30/2025 | 12 | Long Term | $3340.00 | $3600.00 | Yes | 07/01/2024 | 06/30/2025 | 12 | Long Term | $7500.00 | $7800.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $92000.00 | No |  | $563.05 | $545.08 | Level 4-Stated/Verified as defined | No | 1 | 2 | No | No |  | Experienced Investor | 27.26 | US Citizen |  | 674 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 03/07/2025 | 671 | Fair Isaac (VER. 2) | 674 | FICO Classic V5 Facta | 687 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 2 | 1920 | 2888 | 4 | 3.2 | Good |  | $0.00 |  |  |  |  |  |  |  | 23.438% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025021392 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $10000.00 | $6700.00 | 1004/70 | $10000.00 | Rent on Existing Lease | $8888.86 |  | 0.000000 | 0.89 |  |  | 1.13 | 1.13 | $8888.86 |  |  | Yes | 05/01/2025 | 04/30/2026 | 12 | Long Term | $10000.00 | $6700.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $75300.00 | No |  | $1312.67 | $577.53 | Level 3-Stated/Partially Verified | No | 1 | 1 | No | No |  | Experienced Investor |  | Non-Permanent Resident Alien |  | 721 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 2 | Non-Permanent Resident Alien |  |  | Level 3-Stated/Partially Verified | 02/18/2025 | 724 | Fair Isaac (VER. 2) | 694 | FICO Classic V5 Facta | 721 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1995 | 3291 | 4 | 2.1 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 80.000% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12025030844 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $4000.00 | $3400.00 | 1073/465 | $4000.00 | Rent on Existing Lease | $3892.88 |  | 0.000000 | 0.97 |  |  | 1.03 | 1.03 | $3892.88 |  |  | Yes | 02/21/2025 | 03/31/2026 | 13 | Long Term | $4000.00 | $3400.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $75000.00 | Yes | $250.00 | $386.17 | $180.33 | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  |  | Experienced Investor | 2.01 |  |  | 712 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Corp | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 81.00% | Full Recourse | 2 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/06/2025 | 716 | Fair Isaac (VER. 2) | 712 | FICO Classic V5 Facta | 675 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1910 | 903 | 2 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 69.883% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025030344 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $3850.00 | $3000.00 | 1004/70 | $3000.00 | Third Party Rental Source | $2458.55 |  | 0.000000 | 0.82 |  |  | 1.22 | 1.22 | $2458.55 |  |  | Yes | 03/03/2025 | 03/03/2026 | 12 | Long Term | $3850.00 | $3000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $25000.00 | No |  | $239.17 | $237.56 | Level 4-Stated/Verified as defined | No | 1 | 3 | No |  |  | Experienced Investor | 0.50 |  |  | 771 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 51.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 02/27/2025 | 776 | Fair Isaac (VER. 2) | 771 | FICO Classic V5 Facta | 763 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1956 | 1757 | 4 | 3 | C3 |  | $0.00 |  |  |  |  |  |  |  | 80.000% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025020823 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $12300.00 | 1025/72 | $12300.00 | Third Party Rental Source | $11950.12 |  | 0.000000 | 0.97 |  |  | 1.03 | 1.03 | $11950.12 |  |  | No |  |  |  | Long Term |  | $4300.00 | No |  |  |  | Long Term |  | $8000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $100000.00 | No |  | $323.87 | $351.42 | Level 4-Stated/Verified as defined | No | 1 | 0 | No |  |  | Experienced Investor |  |  |  | 750 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 02/11/2025 | 762 | Fair Isaac (VER. 2) | 750 | FICO Classic V5 Facta | 749 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 2 | 1899 | 3000 | 8 | 4 | Average | XX | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 75.000% |  |  | 75.000% |  |  |  |  |  |  |  |  |
| 12025021871 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2400.00 | 1004/70 | $2400.00 | Third Party Rental Source | $2384.91 |  | 0.000000 | 0.99 |  |  | 1.01 | 1.01 | $2384.91 |  |  | No |  |  |  | Long Term |  | $2400.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $357.37 | $178.26 | Level 4-Stated/Verified as defined | No | 1 | 2 | No | No | No | Experienced Investor |  | US Citizen | US Citizen | 782 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 3 | US Citizen |  |  | Level 4-Stated/Verified as defined | 02/21/2025 | 825 | Fair Isaac (VER. 2) | 782 | FICO Classic V5 Facta | 767 | FICO Risk Score Classic 04 | Individual | Individual |  | XX | XX | 5 | US Citizen |  |  | Level 3-Stated/Partially Verified | 02/21/2025 | 744 | Fair Isaac (VER. 2) | 743 | FICO Classic V5 Facta | 733 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1955 | 1191 | 3 | 2 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 84.731% | XX |  |  | 85.000% |  |  | 85.000% |  |  |  |  |  |  |  |  |
| 12025031613 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $4600.00 | 1004/70 | $4600.00 | Third Party Rental Source | $2544.16 |  | 0.000000 | 0.55 |  |  | 1.81 | 1.81 | $2544.16 |  |  | No |  |  |  | Long Term |  | $2700.00 | No |  |  |  | Long Term |  | $1900.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | $89.00 | $467.50 | $148.26 | Level 2-Stated/Not Verified | No | 1 | 3 | No | No |  | Experienced Investor |  | US Citizen |  | 796 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | 03/19/2025 | 796 | Fair Isaac (VER. 2) | 810 | FICO Classic V5 Facta | 788 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 2025 | 1297 | 3 | 2 | C1 | XX | $0.00 |  |  |  |  |  |  |  | 42.424% | XX |  |  | 42.424% |  |  | 42.424% |  |  |  |  |  |  |  |  |
| 12025020846 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $1050.00 | 1004/70 | $1966.85 | Multiple Sources | $1562.83 |  | 0.000000 | 0.79 |  |  | 1.26 | 1.26 | $1562.83 |  |  | No |  |  |  | Long Term |  | $1050.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $64800.00 | No |  | $276.84 | $82.42 | Level 4-Stated/Verified as defined | No | 1 | 2 | No | No |  | Experienced Investor | 2.66 | US Citizen |  | 802 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual | Retired | XX | XX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 02/12/2025 | 819 | Fair Isaac (VER. 2) | 802 | FICO Classic V5 Facta | 789 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1940 | 936 | 3 | 1 | C4 |  | $0.00 | $916.85 |  |  |  |  |  |  | 68.852% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025021762 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3950.00 | 1004/70 | $3950.00 | Third Party Rental Source | $3790.81 |  | 0.000000 | 0.96 |  |  | 1.04 | 1.04 | $3790.81 |  |  | No |  |  |  | Long Term |  | $3950.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | $426.00 | $593.06 | $177.33 | Level 4-Stated/Verified as defined | No | 1 | 1 | No |  |  | Experienced Investor |  |  |  | 751 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Corp | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 1 | Non-Permanent Resident Alien |  |  | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 02/25/2025 | 734 | FICO II | 755 | Beacon 5 | 751 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 2005 | 2250 | 3 | 3.1 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 70.270% | XX |  |  | 72.222% |  |  | 72.222% |  |  |  |  |  |  |  |  |
| 12025021845 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $1900.00 | 1004/70 | $1900.00 | Third Party Rental Source | $1384.55 |  | 0.000000 | 0.73 |  |  | 1.37 | 1.37 | $1384.55 |  |  | No |  |  |  | Long Term |  | $1900.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $24400.00 | No |  | $187.20 | $225.25 | Level 4-Stated/Verified as defined | No | 1 | 3 | No |  |  | Experienced Investor | 0.42 |  |  | 767 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 40.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic |  |  |  |  |  |  |  |  | XX | XX | 60.00% | Full Recourse | 2 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/04/2025 | 751 | Fair Isaac (VER. 2) | 786 | FICO Classic V5 Facta | 767 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1958 | 1021 | 3 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 118.750% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025020630 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $5400.00 | 1004/70 | $5400.00 | Third Party Rental Source | $5153.81 |  | 0.000000 | 0.95 |  |  | 1.05 | 1.05 | $5153.81 |  |  | No |  |  |  | Long Term |  | $5400.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | $1122.25 | $146.51 | Level 4-Stated/Verified as defined | No | 1 | 4 | No |  |  | Experienced Investor | 0.56 |  |  | 713 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 4 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 02/10/2025 | 697 | Fair Isaac (VER. 2) | 715 | FICO Classic V5 Facta | 713 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1953 | 1061 | 3 | 1 | C2 |  | $0.00 |  |  |  |  |  |  |  | 64.286% | XX |  |  | 251.960% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025022088 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2000.00 | 1004/70 | $2000.00 | Third Party Rental Source | $1740.26 |  | 0.000000 | 0.87 |  |  | 1.15 | 1.15 | $1740.26 |  |  | No |  |  |  | Long Term |  | $2000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $85.29 | $103.02 | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  |  | Experienced Investor | 0.21 |  |  | 743 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 80.00% | Full Recourse | 2 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 02/25/2025 | 743 | Fair Isaac (VER. 2) | 750 | FICO Classic V5 Facta | 741 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1971 | 1538 | 2 | 2 | C2 |  | $0.00 |  |  |  |  |  |  |  | 65.000% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025030859 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $1640.00 | 1004/70 | $1640.00 | Third Party Rental Source | $1766.97 |  | 0.000000 | 1.08 |  |  | 0.93 | 0.93 | $1766.97 |  |  | No |  |  |  | Long Term |  | $1640.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | $56.65 | $74.17 | Level 3-Stated/Partially Verified | No | 1 | 64 | No | No | No | Experienced Investor | 1.03 | US Citizen | US Citizen | 739 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 9 | US Citizen |  |  | Level 3-Stated/Partially Verified | 02/04/2025 | 688 | Fair Isaac (VER. 2) | 675 | FICO Classic V5 Facta | 687 | FICO Risk Score Classic 04 | Individual | Individual |  | XX | XX | 9 | US Citizen |  |  | Level 3-Stated/Partially Verified | 02/04/2025 | 702 | Fair Isaac (VER. 2) | 739 | FICO Classic V5 Facta | 742 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1955 | 1296 | 4 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 69.850% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025030209 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3600.00 | 1004/70 | $3600.00 | Third Party Rental Source | $3090.70 |  | 0.000000 | 0.86 |  |  | 1.16 | 1.16 | $3090.70 |  |  | No |  |  |  | Long Term |  | $3600.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $241.91 | $187.85 | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  | No | Experienced Investor | 55.08 |  | US Citizen | 690 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Trust | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  | Individual | XX | XX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 02/28/2025 | 717 | Fair Isaac (VER. 2) | 672 | FICO Classic V5 Facta | 690 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1952 | 1606 | 3 | 3 | C3 |  | $0.00 |  |  |  |  |  |  |  | 48.780% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12024110301 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $1800.00 |  |  | $1800.00 | Rent on Existing Lease | $1682.93 |  | 0.000000 | 0.93 |  |  | 1.07 | 1.07 | $1682.93 |  |  | Yes | 11/01/2024 | 10/31/2025 | 12 | Long Term | $1800.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $26000.00 | No |  | $90.92 | $163.19 | Level 3-Stated/Partially Verified | No | 1 | 3 | No | No | No | Experienced Investor | 1.57 | US Citizen | US Citizen | 781 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 2 | US Citizen |  |  | Level 3-Stated/Partially Verified | 02/28/2025 | 766 | Fair Isaac (VER. 2) | 781 | FICO Classic V5 Facta | 792 | FICO Risk Score Classic 04 | Individual | Individual |  | XX | XX | 2 | US Citizen |  |  | Level 3-Stated/Partially Verified | 02/28/2025 | 766 | Fair Isaac (VER. 2) | 767 | FICO Classic V5 Facta | 775 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1927 | 807 | 2 | 1 | C3 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 88.776% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025040025 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2350.00 | 1004/70 | $2350.00 | Third Party Rental Source | $2340.03 |  | 0.000000 | 1 |  |  | 1.00 | 1 | $2340.03 |  |  | No |  |  |  | Long Term |  | $2350.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $13900.00 | Yes | $72.50 | $487.00 | $113.08 | Level 1-Not Stated/Not Verified | No | 1 | 1 | No |  |  | Experienced Investor |  |  |  | 700 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  | LLC | Business Entity |  |  | XX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 1 | Permanent Resident Alien |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/31/2025 | 700 | Fair Isaac (VER. 2) | 695 | FICO Classic V5 Facta | 721 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 2024 | 1919 | 6 | 2.1 | C1 | XX | $0.00 |  |  |  |  |  |  |  | 73.661% | XX |  |  | 75.000% |  |  | 75.000% |  |  |  |  |  |  |  |  |
| 12025030699 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3500.00 | 1025/72 | $3500.00 | Third Party Rental Source | $3079.07 |  | 0.000000 | 0.88 |  |  | 1.14 | 1.14 | $3079.07 |  |  | No |  |  |  | Long Term |  | $1750.00 | No |  |  |  | Long Term |  | $1750.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $45000.00 | No |  | $457.82 | $255.08 | Level 4-Stated/Verified as defined | No | 1 | 1 | No |  |  | Experienced Investor | 0.07 |  |  | 735 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 99.99% | Full Recourse | 2 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 02/26/2025 | 749 | FICO II | 720 | Beacon 5 | 735 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 2 | 1944 | 2474 | 4 | 4 | C2 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 123.092% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025030077 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $4000.00 | 1004/70 | $4000.00 | Third Party Rental Source | $3320.92 |  | 0.000000 | 0.83 |  |  | 1.20 | 1.2 | $3320.92 |  |  | No |  |  |  | Long Term |  | $4000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $43000.00 | No |  | $895.07 | $133.33 | Level 4-Stated/Verified as defined | No | 1 | 1 | No | No |  | Experienced Investor |  | US Citizen |  | 743 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 03/03/2025 | 749 | Fair Isaac (VER. 2) | 743 | FICO Classic V5 Facta | 726 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1930 | 1216 | 3 | 1 | C4 | XX | $0.00 |  |  |  |  |  |  |  | 79.012% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12025032144 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $4900.00 | $2900.00 | 1004/70 | $4900.00 | Rent on Existing Lease | $3670.93 |  | 0.000000 | 0.75 |  |  | 1.33 | 1.33 | $3670.93 |  |  | Yes | 05/15/2025 | 05/15/2026 | 12 | Long Term | $4900.00 | $2900.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $49100.00 | No |  | $1015.63 | $160.67 | Level 4-Stated/Verified as defined | No | 1 | 1 | No | No |  | Experienced Investor |  | US Citizen |  | 765 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 01/15/2025 | 792 | Fair Isaac (VER. 2) | 759 | FICO Classic V5 Facta | 765 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1962 | 1204 | 3 | 2 | C4 | XX | $0.00 |  |  |  |  |  |  |  | 37.651% | XX |  |  | 38.462% |  |  | 38.462% |  |  |  |  |  |  |  |  |
| 12025031129 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $4200.00 | 1025/72 | $4200.00 | Third Party Rental Source | $4042.18 |  | 0.000000 | 0.96 |  |  | 1.04 | 1.04 | $4042.18 |  |  | No |  |  |  | Long Term |  | $2100.00 | No |  |  |  | Long Term |  | $2100.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $30000.00 | No |  | $265.70 | $223.64 | Level 1-Not Stated/Not Verified | No | 1 | 1 | No |  |  | Experienced Investor | 0.42 |  |  | 770 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 55.00% | Full Recourse | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 12/16/2024 | 674 | Fair Isaac (VER. 2) | 770 | Beacon 5 | 772 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX |  |  |  |  |  |  |  |  | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 2 | 1942 | 1655 | 4 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 79.032% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025031355 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $4700.00 | $4145.00 | 1004/70 | $4145.00 | Third Party Rental Source | $3389.31 |  | 0.000000 | 0.82 |  |  | 1.22 | 1.22 | $3389.31 |  |  | Yes | 01/01/2025 | 01/01/2026 | 12 | Long Term | $2900.00 | $2445.00 | Yes | 12/17/2024 | 06/17/2025 | 6 | Long Term | $1800.00 | $1700.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $25200.00 | No |  | $399.00 | $125.17 | Level 4-Stated/Verified as defined | No | 1 | 4 | No |  |  | Experienced Investor | 0.95 |  |  | 738 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 50.00% | Full Recourse | 3 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/10/2025 | 775 | Fair Isaac (VER. 2) | 713 | FICO Classic V5 Facta | 734 | FICO Risk Score Classic 04 | 3 | XX | XX | 50.00% | Full Recourse | 2 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/10/2025 | 761 | Fair Isaac (VER. 2) | 738 | FICO Classic V5 Facta | 697 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1963 | 1007 | 3 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025032463 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $4700.00 | $2200.00 | 1004/70 | $4700.00 | Rent on Existing Lease | $2472.00 |  | 0.000000 | 0.53 |  |  | 1.90 | 1.9 | $2472.00 |  |  | Yes | 01/18/2025 | 01/18/2026 | 12 | Long Term | $4700.00 | $2200.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $353.01 | $105.25 | Level 4-Stated/Verified as defined | No | 1 | 6 | No |  |  | Experienced Investor | 0.83 |  |  | 724 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 6 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/25/2025 | 750 | Fair Isaac (VER. 2) | 724 | FICO Classic V5 Facta | 683 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1904 | 1835 | 3 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 78.904% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025032461 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $6500.00 | $2950.00 | 1004/70 | $6500.00 | Rent on Existing Lease | $3002.94 |  | 0.000000 | 0.46 |  |  | 2.16 | 2.16 | $3002.94 |  |  | Yes | 04/01/2025 | 03/31/2026 | 12 | Long Term | $6500.00 | $2950.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | $425.69 | $104.83 | Level 3-Stated/Partially Verified | No | 1 | 2 | No |  |  | Experienced Investor | 0.68 |  |  | 724 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 6 | US Citizen |  |  | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/25/2025 | 750 | Fair Isaac (VER. 2) | 724 | FICO Classic V5 Facta | 683 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1972 | 2210 | 3 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 80.000% | XX |  |  |  | $0.00 |  |  |  |  |  |  |  |  |  |  |
| 12025032128 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $3600.00 | $2000.00 | 1004/70 | $3600.00 | Rent on Existing Lease | $2332.56 |  | 0.000000 | 0.65 |  |  | 1.54 | 1.54 | $2332.56 |  |  | Yes | 05/15/2025 | 05/15/2026 | 12 | Long Term | $3600.00 | $2000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $415.63 | $60.92 | Level 4-Stated/Verified as defined | No | 1 | 1 | No | No |  | First-Time Investor |  | Permanent Resident Alien |  | 745 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | Permanent Resident Alien |  |  | Level 4-Stated/Verified as defined | 03/24/2025 | 745 | Fair Isaac (VER. 2) | 735 | FICO Classic V5 Facta | 767 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1978 | 1102 | 2 | 2 | C2 | XX | $0.00 |  |  |  |  |  |  |  | 68.550% | XX |  |  | 69.925% |  |  | 69.925% |  |  |  |  |  |  |  |  |
| 12025021961 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Not Provided |  | $7000.00 | 1004/70 | $7000.00 | Third Party Rental Source | $6431.67 |  | 0.000000 | 0.92 |  |  | 1.09 | 1.09 | $6431.67 |  |  | No |  |  |  | Not Provided |  | $7000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $1861.36 | $477.25 | Level 4-Stated/Verified as defined | No | 1 | 2 | No | No |  | Experienced Investor | 10.45 | US Citizen |  | 671 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 02/27/2025 | 676 | Fair Isaac (VER. 2) | 651 | FICO Classic V5 Facta | 671 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2018 | 4649 | 4 | 4.2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 33.333% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025031526 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $5000.00 | 1004/70 | $5000.00 | Third Party Rental Source | $4973.65 |  | 0.000000 | 0.99 |  |  | 1.01 | 1.01 | $4973.65 |  |  | No |  |  |  | Long Term |  | $5000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $62500.00 | Yes | $161.00 | $655.47 | $393.22 | Level 4-Stated/Verified as defined | No | 1 | 1 | No | No |  | First-Time Investor |  | Permanent Resident Alien |  | 681 | 51.96 |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 2 | Permanent Resident Alien |  |  | Level 4-Stated/Verified as defined | 03/20/2025 | 649 | Fair Isaac (VER. 2) | 681 | FICO Classic V5 Facta | 705 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1981 | 2609 | 4 | 2.1 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 70.000% | XX |  |  | 70.000% |  |  | 70.000% |  |  |  |  |  |  |  |  |
| 12025031011 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Not Provided |  | $3100.00 | 1073/465 | $3100.00 | Third Party Rental Source | $2862.79 |  | 0.000000 | 0.92 |  |  | 1.08 | 1.08 | $2862.79 |  |  | No |  |  |  | Not Provided |  | $3100.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $1200.00 | Yes | $683.00 | $691.17 | $57.92 | Level 3-Stated/Partially Verified | No | 1 | 3 | No | No |  | Experienced Investor | 0.88 | US Citizen |  | 683 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | 03/12/2025 | 708 | Fair Isaac (VER. 2) | 683 | FICO Classic V5 Facta | 642 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1974 | 1295 | 2 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 49.367% | XX |  |  | 55.714% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025032269 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2400.00 | 1004/70 | $2400.00 | Third Party Rental Source | $2151.63 |  | 0.000000 | 0.9 |  |  | 1.12 | 1.12 | $2151.63 |  |  | No |  |  |  | Long Term |  | $2400.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $35000.00 | No |  | $266.42 | $86.87 | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  |  | Experienced Investor | 1.40 |  |  | 801 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Corp | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/26/2025 | 801 | FICO II | 801 | Beacon 5 | 791 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2025 | 1741 | 3 | 2 | C1 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 2607.143% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025031891 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3050.00 | 1004/70 | $3050.00 | Third Party Rental Source | $2656.94 |  | 0.000000 | 0.87 |  |  | 1.15 | 1.15 | $2656.94 |  |  | No |  |  |  | Long Term |  | $3050.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $50100.00 | Yes | $135.33 | $229.71 | $102.17 | Level 3-Stated/Partially Verified | No | 1 | 1 | No | No |  | Experienced Investor |  | Permanent Resident Alien |  | 713 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | Permanent Resident Alien |  |  | Level 3-Stated/Partially Verified | 02/14/2025 | 713 | Fair Isaac (VER. 2) | 713 | FICO Classic V5 Facta | 722 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 2025 | 2650 | 5 | 3 | C1 | XX | $0.00 |  |  |  |  |  |  |  | 74.649% | XX |  |  | 75.000% |  |  | 75.000% |  |  |  |  |  |  |  |  |
| 12025020662 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $2500.00 | $1700.00 | 1004/70 | $2500.00 | Rent on Existing Lease | $2166.03 |  | 0.000000 | 0.87 |  |  | 1.15 | 1.15 | $2166.03 |  |  | Yes | 11/18/2024 | 11/30/2025 | 12 | Long Term | $2500.00 | $1700.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $35000.00 | No |  | $240.47 | $185.39 | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  |  | Experienced Investor | 0.95 |  |  | 708 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 02/10/2025 | 708 | Fair Isaac (VER. 2) | 653 | FICO Classic V5 Facta | 716 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1960 | 1562 | 3 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 80.000% | XX |  |  | 123.077% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025021057 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $2600.00 | $2300.00 | 1073/465 | $2600.00 | Rent on Existing Lease | $2487.03 |  | 0.000000 | 0.96 |  |  | 1.05 | 1.05 | $2487.03 |  |  | Yes | 04/15/2025 | 04/14/2026 | 12 | Long Term | $2600.00 | $2300.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | $455.00 | $286.54 | $34.33 | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  |  | Experienced Investor |  |  |  | 716 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 51.00% | Full Recourse | 1 | Permanent Resident Alien |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 01/16/2025 | 716 | Fair Isaac (VER. 2) | 694 | FICO Classic V5 Facta | 721 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1970 | 1010 | 2 | 2 | C4 | XX | $0.00 |  |  |  |  |  |  |  | 80.000% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12025030782 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $1600.00 | $5600.00 | 1025/72 | $5600.00 | Third Party Rental Source | $3354.66 |  | 0.000000 | 0.6 |  |  | 1.67 | 1.67 | $3354.66 |  |  | Yes | 04/01/2024 | 04/30/2025 | 13 | Long Term | $1600.00 | $2100.00 | No |  |  |  | Long Term |  | $3500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $70000.00 | No |  | $541.56 | $173.08 | Level 4-Stated/Verified as defined | No | 1 | 3 | No | No |  | Experienced Investor |  | US Citizen |  | 767 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 03/10/2025 | 801 | Fair Isaac (VER. 2) | 767 | FICO Classic V5 Facta | 756 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 2 | 1900 | 1856 | 5 | 3 | Average | XX | $0.00 |  |  |  |  |  |  |  | 60.000% | XX |  |  | 60.000% |  |  | 60.000% |  |  |  |  |  |  |  |  |
| 12025021633 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $2500.00 | $2500.00 | 1004/70 | $2500.00 | Rent on Existing Lease | $2258.82 |  | 0.000000 | 0.9 |  |  | 1.11 | 1.11 | $2258.82 |  |  | Yes | 02/07/2025 | 02/07/2026 | 12 | Long Term | $2500.00 | $2500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $32900.00 | Yes | $22.08 | $388.54 | $198.05 | Level 3-Stated/Partially Verified | No | 1 | 2 | No |  |  | Experienced Investor | 0.21 |  |  | 771 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 02/24/2025 | 764 | FICO II | 796 | Beacon 5 | 771 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2005 | 1643 | 3 | 2.1 | C3 |  | $0.00 |  |  |  |  |  |  |  | 80.000% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025021815 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $5700.00 | 1004/70 | $5700.00 | Third Party Rental Source | $5107.38 |  | 0.000000 | 0.9 |  |  | 1.12 | 1.12 | $5107.38 |  |  | No |  |  |  | Long Term |  | $5700.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $502.04 | $100.00 | Level 3-Stated/Partially Verified | No | 1 | 2 | No | No |  | Experienced Investor |  | US Citizen |  | 659 |  |  |  |  | 0 | 0 | 0 | 3 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 3 | US Citizen |  |  | Level 3-Stated/Partially Verified | 02/04/2025 | 656 | Fair Isaac (VER. 2) | 662 | FICO Classic V5 Facta | 659 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1930 | 1824 | 4 | 1.2 | C2 | XX | $0.00 |  |  |  |  |  |  |  | 73.539% | XX |  |  | 75.000% |  |  | 75.000% |  |  |  |  |  |  |  |  |
| 12025031225 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $3940.00 | $2015.00 | 1004/70 | $3905.00 | Multiple Sources | $3815.11 |  | 0.000000 | 0.98 |  |  | 1.02 | 1.02 | $3815.11 |  |  | Yes | 04/01/2024 | 03/31/2026 | 24 | Long Term | $2050.00 | $2015.00 | Yes | 06/01/2024 | 06/30/2026 | 25 | Long Term | $1890.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $826.91 | $162.67 | Level 1-Not Stated/Not Verified | No | 1 | 3 | No |  |  | Experienced Investor | 3.03 |  |  | 757 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Corp | Business Entity |  |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 19.00% | Full Recourse | 1 | Not Provided |  |  | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic |  |  |  |  |  |  |  |  | XX | XX | 81.00% | Full Recourse | 3 | Permanent Resident Alien |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 02/12/2025 | 678 | Fair Isaac (VER. 2) | 757 | Beacon 5 | 772 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1984 | 1737 | 3 | 3 | C3 |  | $0.00 |  |  |  |  |  |  |  | 85.000% | XX |  |  | 81.320% | XX |  |  |  |  |  |  |  |  |  |  |
| 32025030926 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $3500.00 | $3000.00 | 1004/70 | $3000.00 | Third Party Rental Source | $2663.87 |  | 0.000000 | 0.89 |  |  | 1.13 | 1.13 | $2663.87 |  |  | Yes |  |  |  | Long Term | $3500.00 | $3000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $20000.00 | No |  | $598.00 | $169.95 | Level 4-Stated/Verified as defined | No | 1 | 2 | No | No |  | Experienced Investor | 21.84 | US Citizen |  | 790 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 01/29/2025 | 790 | Fair Isaac (VER. 2) | 793 | FICO Classic V5 Facta | 782 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1947 | 1167 | 3 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 71.250% | XX |  |  | 333.333% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025031358 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $6000.00 | $5600.00 | 1073/465 | $5600.00 | Third Party Rental Source | $5506.29 |  | 0.000000 | 0.98 |  |  | 1.02 | 1.02 | $5506.29 |  |  | Yes | 09/07/2024 | 09/27/2025 | 12 | Long Term | $6000.00 | $5600.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | $733.00 | $931.60 | $169.92 | Level 1-Not Stated/Not Verified | No | 1 | 3 | No |  |  | Experienced Investor |  |  |  | 783 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 50.00% | Full Recourse | 2 | US Citizen |  |  | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 02/02/2025 | 791 | Fair Isaac (VER. 2) | 783 | FICO Classic V5 Facta | 776 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX |  | 02/02/2025 | 768 | Fair Isaac (VER. 2) | 762 | FICO Classic V5 Facta | 765 | FICO Risk Score Classic 04 | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 2021 | 572 | 0 | 1 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 45.417% | XX |  |  | 45.417% |  |  | 45.417% |  |  |  |  |  |  |  |  |
| 12025030999 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2350.00 | 1004/70 | $2350.00 | Third Party Rental Source | $2180.89 |  | 0.000000 | 0.93 |  |  | 1.08 | 1.08 | $2180.89 |  |  | No |  |  |  | Long Term |  | $2350.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $65800.00 | Yes | $202.00 | $312.50 | $161.92 | Level 4-Stated/Verified as defined | No | 1 | 2 | Yes | Yes |  | First-Time Investor |  | Foreign National |  |  |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | Foreign National |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 2025 | 1812 | 4 | 2 | C1 | XX | $0.00 |  |  |  |  |  |  |  | 70.000% | XX |  |  | 70.000% |  |  | 70.000% |  |  |  |  |  |  |  |  |
| 12025030330 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3700.00 | 1004/70 | $3700.00 | Third Party Rental Source | $4056.96 |  | 0.000000 | 1.1 |  |  | 0.91 | 0.91 | $4056.96 |  |  | No |  |  |  | Long Term |  | $3700.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | $84.00 | $590.13 | $361.00 | Level 4-Stated/Verified as defined | No | 1 | 3 | No | No |  | Experienced Investor | 7.47 | US Citizen |  | 694 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 3 | US Citizen |  |  | Level 4-Stated/Verified as defined | 02/24/2025 | 674 | Fair Isaac (VER. 2) | 698 | Beacon 5 | 694 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2004 | 3108 | 5 | 2.1 | C3 |  | $0.00 |  |  |  |  |  |  |  | 60.000% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025030484 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $2800.00 | $2800.00 | 1004/70 | $2800.00 | Rent on Existing Lease | $2028.57 |  | 0.000000 | 0.72 |  |  | 1.38 | 1.38 | $2028.57 |  |  | Yes | 02/01/2025 | 01/31/2026 | 12 | Long Term | $2800.00 | $2800.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $25000.00 | No |  | $428.74 | $68.50 | Level 4-Stated/Verified as defined | No | 1 | 7 | No |  |  | Experienced Investor | 0.11 |  |  | 783 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 6 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/04/2025 | 775 | Fair Isaac (VER. 2) | 783 | FICO Classic V5 Facta | 789 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1930 | 1054 | 3 | 1 | C3 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 106.875% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025021616 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3000.00 | 1025/72 | $3000.00 | Third Party Rental Source | $2239.36 |  | 0.000000 | 0.75 |  |  | 1.34 | 1.34 | $2239.36 |  |  | No |  |  |  | Long Term |  | $700.00 | No |  |  |  | Long Term |  | $900.00 | No |  |  |  | Long Term |  | $1400.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $60000.00 | No |  | $612.93 | $210.84 | Level 4-Stated/Verified as defined | No | 1 | 6 | No |  |  | Experienced Investor |  |  |  | 764 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 50.00% | Full Recourse | 4 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 02/06/2025 | 764 | Fair Isaac (VER. 2) | 763 | FICO Classic V5 Facta | 782 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 3 | 1920 | 2855 | 6 | 3 | Average | XX | $0.00 |  |  |  |  |  |  |  | 76.923% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12025030919 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2800.00 | 1004/70 | $2800.00 | Third Party Rental Source | $1865.31 |  | 0.000000 | 0.67 |  |  | 1.50 | 1.5 | $1865.31 |  |  | No |  |  |  | Long Term |  | $2800.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $216.55 | $203.52 | Level 4-Stated/Verified as defined | No | 1 | 1 | No |  |  | Experienced Investor | 1.55 |  |  | 691 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 95.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/11/2025 | 712 | Fair Isaac (VER. 2) | 688 | FICO Classic V5 Facta | 691 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1920 | 467 | 2 | 1 | C2 |  | $0.00 |  |  |  |  |  |  |  | 59.459% | XX |  |  | 550.000% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025032125 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $1745.00 | $1750.00 | 1004/70 | $1750.00 | Third Party Rental Source | $1710.91 |  | 0.000000 | 0.98 |  |  | 1.02 | 1.02 | $1710.91 |  |  | Yes | 04/01/2025 | 04/01/2026 | 12 | Long Term | $1745.00 | $1750.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $20940.00 | No |  | $355.50 | $82.08 | Level 4-Stated/Verified as defined | No | 1 | 8 | No |  |  | Experienced Investor | 8.51 |  |  | 801 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 6 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/25/2025 | 801 | Fair Isaac (VER. 2) | 785 | FICO Classic V5 Facta | 809 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1945 | 1344 | 3 | 1 | C4 |  | $0.00 |  |  |  |  |  |  |  | 70.000% | XX |  |  | 510.811% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025032179 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $1995.00 | $2150.00 | 1004/70 | $2150.00 | Third Party Rental Source | $1860.22 |  | 0.000000 | 0.87 |  |  | 1.16 | 1.16 | $1860.22 |  |  | Yes | 04/01/2025 | 03/31/2026 | 12 | Long Term | $1995.00 | $2150.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $24000.00 | Yes | $175.00 | $269.80 | $101.67 | Level 4-Stated/Verified as defined | No | 1 | 3 | No |  |  | Experienced Investor | 0.13 |  |  | 801 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 7 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/02/2025 | 801 | Fair Isaac (VER. 2) | 785 | FICO Classic V5 Facta | 809 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2018 | 1567 | 3 | 2.1 | C3 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 79.268% | XX |  |  |  |  |  |  |  |  |  |  |
| 32025031417 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3150.00 | 1025/72 | $3150.00 | Third Party Rental Source | $1990.26 |  | 0.000000 | 0.63 |  |  | 1.58 | 1.58 | $1990.26 |  |  | No |  |  |  | Long Term |  | $1200.00 | No |  |  |  | Long Term |  | $1200.00 | No |  |  |  | Long Term |  | $750.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | $279.69 | $84.38 | Level 4-Stated/Verified as defined | No | 1 | 11 | No |  |  | Experienced Investor |  |  |  | 770 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 50.00% | Full Recourse | 9 | US Citizen |  |  | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/12/2025 | 752 | Fair Isaac (VER. 2) | 772 | FICO Classic V5 Facta | 749 | FICO Risk Score Classic 04 | 3 | XX | XX | 50.00% | Full Recourse | 3 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/12/2025 | 734 | Fair Isaac (VER. 2) | 770 | FICO Classic V5 Facta | 771 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 3 | 1900 | 2795 | 7 | 3 | C4 | XX | $0.00 |  |  |  |  |  |  |  | 85.000% | XX |  |  | 85.000% |  |  | 85.000% |  |  |  |  |  |  |  |  |
| 12025030554 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $6700.00 | 1073/465 | $12950.00 | Multiple Sources | $10235.43 |  | 0.000000 | 0.79 |  |  | 1.27 | 1.27 | $10235.43 |  |  | No |  |  |  | Long Term |  | $6700.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Yes | $530.00 | $1000.00 | $158.33 | Level 1-Not Stated/Not Verified | No | 1 | 25 | No |  |  | Experienced Investor |  |  |  | 793 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 7 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 3-Stated/Partially Verified | Classic | 01/23/2025 | 766 | Fair Isaac (VER. 2) | 809 | FICO Classic V5 Facta | 793 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 2024 | 1528 | 4 | 2 | C1 | XX | $0.00 | $6250.00 |  |  |  |  |  |  | 75.000% | XX |  |  | 75.000% |  |  | 75.000% |  |  |  |  |  |  |  |  |
| 12025011674 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $12000.00 | 1004/70 | $12000.00 | Third Party Rental Source | $10553.22 |  | 0.000000 | 0.88 |  |  | 1.14 | 1.14 | $10553.22 |  |  | No |  |  |  | Long Term |  | $12000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $2629.92 | $498.33 | Level 1-Not Stated/Not Verified | No | 1 | 1 | No |  |  | Experienced Investor |  |  |  |  |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX |  | Full Recourse | 1 | Foreign National |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1909 | 9565 | 10 | 6 | C4 | XX | $0.00 |  |  |  |  |  |  |  | 63.291% | XX |  |  | 64.103% |  |  | 64.103% |  |  |  |  |  |  |  |  |
| 12025031915 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2500.00 | 1073/465 | $4166.67 | Multiple Sources | $3397.40 |  | 0.000000 | 0.82 |  |  | 1.23 | 1.23 | $3397.40 |  |  | No |  |  |  | Long Term |  | $2500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | $485.00 | $148.75 | $63.42 | Level 4-Stated/Verified as defined | No | 1 | 2 | No | No |  | Experienced Investor | 0.19 | US Citizen |  | 799 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual | Retired | XX | XX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 03/09/2025 | 799 | Fair Isaac (VER. 2) | 742 | FICO Classic V5 Facta | 808 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1991 | 750 | 2 | 2 | C3 |  | $0.00 | $1666.67 |  |  |  |  |  |  | 70.000% | XX |  |  | 91.707% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025040076 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $3000.00 | $2755.00 | 1004/70 | $3000.00 | Rent on Existing Lease | $2918.28 |  | 0.000000 | 0.97 |  |  | 1.03 | 1.03 | $2918.28 |  |  | Yes | 05/12/2025 | 05/31/2026 | 12 | Long Term | $3000.00 | $2755.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $74000.00 | Yes | $104.17 | $807.95 | $162.92 | Level 4-Stated/Verified as defined | No | 1 | 1 | No | No |  | Experienced Investor |  | US Citizen |  | 804 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 03/26/2024 | 794 | FICO II | 808 | Beacon 5 | 804 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 2025 | 2385 | 4 | 3 | C1 | XX | $0.00 |  |  |  |  |  |  |  | 77.068% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12025021994 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3500.00 | 1004/70 | $3500.00 | Third Party Rental Source | $3379.30 |  | 0.000000 | 0.97 |  |  | 1.04 | 1.04 | $3379.30 |  |  | No |  |  |  | Long Term |  | $3500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $393.33 | $333.20 | Level 4-Stated/Verified as defined | No | 1 | 1 | No |  |  | Experienced Investor | 0.84 |  |  | 759 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 02/11/2025 | 759 | Fair Isaac (VER. 2) | 764 | FICO Classic V5 Facta | 746 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2025 | 2275 | 4 | 3 | C1 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 715.909% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025032651 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $4500.00 | $4050.00 | 1004/70 | $4500.00 | Rent on Existing Lease | $4351.31 |  | 0.000000 | 0.97 |  |  | 1.03 | 1.03 | $4351.31 |  |  | Yes | 02/01/2025 | 02/01/2026 | 12 | Long Term | $4500.00 | $4050.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $108900.00 | No |  | $646.57 | $144.17 | Level 4-Stated/Verified as defined | No | 1 | 3 | No | No |  | Experienced Investor | 2.68 | US Citizen |  | 750 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 03/26/2025 | 742 | Fair Isaac (VER. 2) | 761 | FICO Classic V5 Facta | 750 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1967 | 1716 | 3 | 2.1 | C2 |  | $0.00 |  |  |  |  |  |  |  | 70.000% | XX |  |  | 84.237% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025041649 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2650.00 | 1004/70 | $2650.00 | Third Party Rental Source | $2170.79 |  | 0.000000 | 0.82 |  |  | 1.22 | 1.22 | $2170.79 |  |  | No |  |  |  | Long Term |  | $2650.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $183.05 | $166.34 | Level 4-Stated/Verified as defined | No | 1 | 2 | No | No |  | Experienced Investor |  | US Citizen |  | 680 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 04/17/2025 | 677 | Fair Isaac (VER. 2) | 688 | FICO Classic V5 Facta | 680 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1983 | 1977 | 4 | 3 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 62.063% | XX |  |  | 74.977% |  |  | 74.977% |  |  |  |  |  |  |  |  |
| 12025040400 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Short Term |  | $3954.00 | 1004/70 | $3163.20 | Multiple Sources | $3031.22 |  | 0.000000 | 0.96 |  |  | 1.04 | 1.04 | $3031.22 |  |  | No |  |  |  | Short Term |  | $3954.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $30800.00 | No |  | $598.19 | $168.09 | Level 4-Stated/Verified as defined | No | 1 | 3 | No | No |  | Experienced Investor |  | US Citizen |  | 782 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 03/26/2025 | 779 | Fair Isaac (VER. 2) | 791 | FICO Classic V5 Facta | 782 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 2020 | 1679 | 3 | 2 | C2 | XX | $0.00 |  |  |  |  |  |  |  | 80.000% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12025031351 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $6000.00 | $4000.00 | 1073/465 | $6000.00 | Rent on Existing Lease | $5922.20 |  | 0.000000 | 0.99 |  |  | 1.01 | 1.01 | $5922.20 |  |  | Yes | 04/01/2025 | 04/01/2026 | 12 | Long Term | $6000.00 | $4000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | $378.00 | $1002.68 | $117.71 | Level 1-Not Stated/Not Verified | No | 1 | 4 | No |  |  | Experienced Investor | 5.95 |  |  | 763 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 4 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/22/2025 | 762 | Fair Isaac (VER. 2) | 775 | Beacon 5 | 763 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2016 | 1122 | 2 | 2.1 | C3 |  | $0.00 |  |  |  |  |  |  |  | 69.634% | XX |  |  |  | $0.00 |  |  |  |  |  |  |  |  |  |  |
| 12025032389 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $1500.00 | 1004/70 | $1500.00 | Third Party Rental Source | $1454.70 |  | 0.000000 | 0.97 |  |  | 1.03 | 1.03 | $1454.70 |  |  | No |  |  |  | Long Term |  | $1500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $78.65 | $88.15 | Level 3-Stated/Partially Verified | No | 1 | 1 | No | No |  | First-Time Investor |  | US Citizen |  | 743 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | 03/27/2025 | 771 | Fair Isaac (VER. 2) | 738 | FICO Classic V5 Facta | 743 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1984 | 1181 | 3 | 1 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 77.440% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12025040278 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2800.00 | 1025/72 | $2800.00 | Third Party Rental Source | $2469.60 |  | 0.000000 | 0.88 |  |  | 1.13 | 1.13 | $2469.60 |  |  | No |  |  |  | Long Term |  | $1600.00 | No |  |  |  | Long Term |  | $1200.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $229.72 | $103.08 | Level 3-Stated/Partially Verified | No | 1 | 2 | No | No |  | Experienced Investor | 0.54 | US Citizen |  | 786 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 2 | US Citizen |  |  | Level 3-Stated/Partially Verified | 03/31/2025 | 782 | Fair Isaac (VER. 2) | 786 | FICO Classic V5 Facta | 787 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 2 | 1976 | 2530 | 5 | 3 | C4 |  | $0.00 |  |  |  |  |  |  |  | 80.000% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025040883 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3600.00 | 1073/465 | $4748.37 | Multiple Sources | $4115.03 |  | 0.000000 | 0.87 |  |  | 1.15 | 1.15 | $4115.03 |  |  | No |  |  |  | Long Term |  | $3600.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | $1204.00 | $590.36 | $0.00 | Level 4-Stated/Verified as defined | No | 1 | 1 | No | No |  | Experienced Investor | 4.00 | Permanent Resident Alien |  | 698 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | Permanent Resident Alien |  |  | Level 4-Stated/Verified as defined | 04/08/2025 | 698 | Fair Isaac (VER. 2) | 699 | FICO Classic V5 Facta | 693 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1964 | 930 | 2 | 2 | C3 |  | $0.00 | $1148.37 |  |  |  |  |  |  | 60.000% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025041720 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3950.00 | 1025/72 | $3950.00 | Third Party Rental Source | $3188.69 |  | 0.000000 | 0.81 |  |  | 1.24 | 1.24 | $3188.69 |  |  | No |  |  |  | Long Term |  | $2600.00 | No |  |  |  | Long Term |  | $1350.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $315.98 | $121.69 | Level 4-Stated/Verified as defined | No | 4 | 4 | No |  |  | Experienced Investor |  |  |  | 772 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 4 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 05/09/2025 | 745 | Fair Isaac (VER. 2) | 777 | FICO Classic V5 Facta | 772 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 2 | 1940 | 2039 | 4 | 2 | Average | XX | $0.00 |  |  |  |  |  |  |  | 79.175% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12025011802 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3955.00 | 1025/72 | $3955.00 | Third Party Rental Source | $2672.24 |  | 0.000000 | 0.68 |  |  | 1.48 | 1.48 | $2672.24 |  |  | No |  |  |  | Long Term |  | $890.00 | No |  |  |  | Long Term |  | $940.00 | No |  |  |  | Long Term |  | $1025.00 | No |  |  |  | Long Term |  | $1100.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $51700.00 | No |  | $589.28 | $247.52 | Level 4-Stated/Verified as defined | No | 1 | 3 | No |  |  | Experienced Investor | 3.15 |  |  | 750 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 51.00% | Full Recourse | 4 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/14/2025 | 750 | Fair Isaac (VER. 2) | 749 | FICO Classic V5 Facta | 764 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 4 | 1890 | 1615 | 7 | 4.1 | C3 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 144.231% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025020294 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3025.00 | 1025/72 | $3025.00 | Third Party Rental Source | $2145.31 |  | 0.000000 | 0.71 |  |  | 1.41 | 1.41 | $2145.31 |  |  | No |  |  |  | Long Term |  | $900.00 | No |  |  |  | Long Term |  | $600.00 | No |  |  |  | Long Term |  | $625.00 | No |  |  |  | Long Term |  | $900.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $335.60 | $214.83 | Level 3-Stated/Partially Verified | No | 1 | 2 | No | No |  | Experienced Investor | 1.42 | US Citizen |  | 631 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 2 | US Citizen |  |  | Level 3-Stated/Partially Verified | 01/23/2025 | 631 | Fair Isaac (VER. 2) | 634 | FICO Classic V5 Facta | 604 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 4 | 1925 | 2578 | 4 | 4 | C4 |  | $0.00 |  |  |  |  |  |  |  | 65.000% | XX |  |  | 76.700% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025030556 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $9400.00 | 1025/72 | $9400.00 | Third Party Rental Source | $9336.47 |  | 0.000000 | 0.99 |  |  | 1.01 | 1.01 | $9336.47 |  |  | No |  |  |  | Long Term |  | $2200.00 | No |  |  |  | Long Term |  | $2200.00 | No |  |  |  | Long Term |  | $5000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $1458.33 | $142.58 | Level 1-Not Stated/Not Verified | No | 1 | 5 | No |  |  | Experienced Investor |  |  |  | 785 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 2 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 02/10/2025 | 785 | Fair Isaac (VER. 2) | 795 | FICO Classic V5 Facta | 776 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 3 | 1954 | 2775 | 5 | 4 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 77.778% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12025021354 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3100.00 | 1004/70 | $3100.00 | Third Party Rental Source | $3073.00 |  | 0.000000 | 0.99 |  |  | 1.01 | 1.01 | $3073.00 |  |  | No |  |  |  | Long Term |  | $3100.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $49530.00 | No |  | $464.47 | $277.50 | Level 4-Stated/Verified as defined | No | 1 | 1 | No | No |  | Experienced Investor | 1.46 | US Citizen |  | 796 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 02/18/2025 | 818 | Fair Isaac (VER. 2) | 796 | FICO Classic V5 Facta | 758 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1973 | 2425 | 5 | 4 | C2 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 104.814% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025031798 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $1810.00 | 1004/70 | $1810.00 | Third Party Rental Source | $1674.00 |  | 0.000000 | 0.92 |  |  | 1.08 | 1.08 | $1674.00 |  |  | No |  |  |  | Long Term |  | $1810.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $35000.00 | No |  | $288.81 | $105.83 | Level 4-Stated/Verified as defined | No | 1 | 11 | No |  |  | Experienced Investor | 0.22 |  |  | 779 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 3 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/11/2025 | 774 | Fair Isaac (VER. 2) | 788 | FICO Classic V5 Facta | 779 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2003 | 1212 | 3 | 2 | C4 |  | $0.00 |  |  |  |  |  |  |  | 74.434% | XX |  |  | 103.816% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025031803 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $2000.00 | $1900.00 | 1004/70 | $1900.00 | Third Party Rental Source | $1842.08 |  | 0.000000 | 0.97 |  |  | 1.03 | 1.03 | $1842.08 |  |  | Yes | 04/01/2024 | 03/31/2026 | 24 | Long Term | $2000.00 | $1900.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $27700.00 | No |  | $327.94 | $132.63 | Level 4-Stated/Verified as defined | No | 1 | 7 | No |  |  | Experienced Investor | 0.22 |  |  | 779 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 3 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/11/2025 | 774 | Fair Isaac (VER. 2) | 788 | FICO Classic V5 Facta | 779 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2006 | 1436 | 3 | 2 | C4 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 118.333% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025031793 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $1850.00 | 1004/70 | $1850.00 | Third Party Rental Source | $1822.07 |  | 0.000000 | 0.98 |  |  | 1.02 | 1.02 | $1822.07 |  |  | No |  |  |  | Long Term |  | $1850.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $35000.00 | No |  | $338.00 | $92.83 | Level 4-Stated/Verified as defined | No | 1 | 3 | No |  |  | Experienced Investor | 0.22 |  |  | 779 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 3 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/11/2025 | 774 | Fair Isaac (VER. 2) | 788 | FICO Classic V5 Facta | 779 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2003 | 1372 | 3 | 2 | C4 |  | $0.00 |  |  |  |  |  |  |  | 73.966% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025031801 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $1950.00 | $1875.00 | 1004/70 | $1875.00 | Third Party Rental Source | $1756.72 |  | 0.000000 | 0.94 |  |  | 1.07 | 1.07 | $1756.72 |  |  | Yes | 01/01/2024 | 02/01/2024 | 1 | Long Term | $1950.00 | $1875.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $35000.00 | No |  | $302.94 | $117.67 | Level 4-Stated/Verified as defined | No | 1 | 7 | No |  |  | Experienced Investor | 0.22 |  |  | 779 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 3 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/11/2025 | 774 | Fair Isaac (VER. 2) | 788 | FICO Classic V5 Facta | 779 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2005 | 1239 | 3 | 2 | C4 |  | $0.00 |  |  |  |  |  |  |  | 74.909% | XX |  |  | 121.176% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025032360 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $1850.00 | 1004/70 | $1850.00 | Third Party Rental Source | $2161.54 |  | 0.000000 | 1.17 |  |  | 0.86 | 0.86 | $2161.54 |  |  | No |  |  |  | Long Term |  | $1850.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Yes | $209.08 | $508.72 | $452.83 | Level 4-Stated/Verified as defined | No | 1 | 4 | No | No |  | Experienced Investor |  | US Citizen |  | 772 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 03/27/2025 | 772 | Fair Isaac (VER. 2) | 770 | FICO Classic V5 Facta | 772 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1989 | 2949 | 3 | 3.1 | C4 | XX | $0.00 |  |  |  |  |  |  |  | 53.846% | XX |  |  | 58.333% |  |  | 58.333% |  |  |  |  |  |  |  |  |
| 12025041092 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $2500.00 | $4600.00 | 1025/72 | $4800.00 | Multiple Sources | $4560.97 |  | 0.000000 | 0.95 |  |  | 1.05 | 1.05 | $4560.97 |  |  | No |  |  |  | Long Term |  | $2300.00 | Yes | 07/08/2023 | 07/08/2025 | 24 | Long Term | $2500.00 | $2300.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $661.46 | $216.16 | Level 3-Stated/Partially Verified | No | 1 | 16 | No |  |  | Experienced Investor |  |  |  | 746 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 17 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 01/14/2025 | 741 | Fair Isaac (VER. 2) | 746 | FICO Classic V5 Facta | 781 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 2 | 1972 | 2016 | 6 | 2.2 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 78.154% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12025041671 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $1950.00 | 1004/70 | $1950.00 | Third Party Rental Source | $1939.63 |  | 0.000000 | 0.99 |  |  | 1.01 | 1.01 | $1939.63 |  |  | No |  |  |  | Long Term |  | $1950.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $304.16 | $112.82 | Level 3-Stated/Partially Verified | No | 1 | 1 | No | No |  | Experienced Investor |  | Permanent Resident Alien |  | 705 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 2 | Permanent Resident Alien |  |  | Level 3-Stated/Partially Verified | 04/16/2025 | 714 | Fair Isaac (VER. 2) | 694 | FICO Classic V5 Facta | 705 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1965 | 1561 | 4 | 1 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 75.000% |  |  | 75.000% |  |  |  |  |  |  |  |  |
| 12025041391 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $1800.00 | 1004/70 | $1800.00 | Third Party Rental Source | $1758.73 |  | 0.000000 | 0.98 |  |  | 1.02 | 1.02 | $1758.73 |  |  | No |  |  |  | Long Term |  | $1800.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $36390.00 | No |  | $185.59 | $94.00 | Level 4-Stated/Verified as defined | No | 1 | 1 | No |  |  | Experienced Investor | 0.58 |  |  | 793 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 2 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/08/2025 | 793 | Fair Isaac (VER. 2) | 795 | FICO Classic V5 Facta | 780 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1925 | 1203 | 4 | 1.1 | C3 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 240.000% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025041424 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2780.00 | 1004/70 | $2780.00 | Third Party Rental Source | $2715.76 |  | 0.000000 | 0.98 |  |  | 1.02 | 1.02 | $2715.76 |  |  | No |  |  |  | Long Term |  | $2780.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | $379.57 | $120.27 | Level 4-Stated/Verified as defined | No | 1 | 1 | No |  |  | Experienced Investor | 2.08 |  |  | 672 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 50.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/18/2025 | 672 | Fair Isaac (VER. 2) | 661 | FICO Classic V5 Facta | 702 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1954 | 998 | 3 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 70.000% | XX |  |  | 126.622% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025041763 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2100.00 | 1004/70 | $2600.00 | Multiple Sources | $2517.48 |  | 0.000000 | 0.97 |  |  | 1.03 | 1.03 | $2517.48 |  |  | No |  |  |  | Long Term |  | $2100.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $37300.00 | Yes | $56.00 | $160.59 | $108.67 | Level 1-Not Stated/Not Verified | No | 1 | 1 | No |  |  | Experienced Investor |  |  |  | 687 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 3-Stated/Partially Verified | Classic | 04/16/2025 | 687 | Fair Isaac (VER. 2) | 682 | FICO Classic V5 Facta | 694 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 2001 | 1898 | 3 | 2 | C3 | XX | $0.00 | $500.00 |  |  |  |  |  |  | 74.634% | XX |  |  | 75.000% |  |  | 75.000% |  |  |  |  |  |  |  |  |
| 12025040998 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $1800.00 | $1500.00 | 1004/70 | $1500.00 | Third Party Rental Source | $1490.22 |  | 0.000000 | 0.99 |  |  | 1.01 | 1.01 | $1490.22 |  |  | Yes | 01/01/2025 | 01/01/2026 | 12 | Long Term | $1800.00 | $1500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $23000.00 | No |  | $130.96 | $78.25 | Level 4-Stated/Verified as defined | No | 1 | 2 | No | No |  | Experienced Investor | 3.12 | US Citizen |  | 702 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 04/10/2025 | 702 | Fair Isaac (VER. 2) | 696 | Beacon 5 | 717 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1973 | 1031 | 3 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025050084 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $3500.00 | $2800.00 | 1004/70 | $3500.00 | Rent on Existing Lease | $3272.16 |  | 0.000000 | 0.93 |  |  | 1.07 | 1.07 | $3272.16 |  |  | Yes | 05/01/2025 | 05/01/2026 | 12 | Long Term | $3500.00 | $2800.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $47000.00 | No |  | $119.02 | $247.42 | Level 3-Stated/Partially Verified | No | 1 | 2 | No |  |  | Experienced Investor | 0.51 |  |  | 735 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 3 | US Citizen |  |  | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 05/06/2025 | 717 | FICO II | 735 | Beacon 5 | 756 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1993 | 2717 | 5 | 3 | C3 |  | $0.00 |  |  |  |  |  |  |  | 64.928% | XX |  |  | 154.483% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025031809 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $1850.00 | 1004/70 | $1850.00 | Third Party Rental Source | $1692.77 |  | 0.000000 | 0.92 |  |  | 1.09 | 1.09 | $1692.77 |  |  | No |  |  |  | Long Term |  | $1850.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $35000.00 | No |  | $310.49 | $85.08 | Level 4-Stated/Verified as defined | No | 1 | 3 | No |  |  | Experienced Investor | 0.22 |  |  | 779 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 3 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/11/2025 | 774 | Fair Isaac (VER. 2) | 788 | FICO Classic V5 Facta | 779 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2001 | 1192 | 3 | 2 | C4 |  | $0.00 |  |  |  |  |  |  |  | 74.906% | XX |  |  | 117.647% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025021541 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3950.00 | 1025/72 | $3950.00 | Third Party Rental Source | $2191.34 |  | 0.000000 | 0.55 |  |  | 1.80 | 1.8 | $2191.34 |  |  | No |  |  |  | Long Term |  | $1150.00 | No |  |  |  | Long Term |  | $1100.00 | No |  |  |  | Long Term |  | $850.00 | No |  |  |  | Long Term |  | $850.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | No |  | $290.85 | $248.40 | Level 4-Stated/Verified as defined | No | 1 | 5 | No |  |  | Experienced Investor |  |  |  | 763 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 25.00% | Full Recourse | 3 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/21/2025 | 778 | Fair Isaac (VER. 2) | 763 | FICO Classic V5 Facta | 753 | FICO Risk Score Classic 04 | 3 | XX | XX | 25.00% | Full Recourse | 3 | US Citizen |  |  | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 4 | 1920 | 2635 | 6 | 4 | C4 | XX | $0.00 |  |  |  |  |  |  |  | 80.000% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12025031208 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $7000.00 | 1025/72 | $7000.00 | Third Party Rental Source | $5234.11 |  | 0.000000 | 0.75 |  |  | 1.34 | 1.34 | $5234.11 |  |  | No |  |  |  | Long Term |  | $1750.00 | No |  |  |  | Long Term |  | $1750.00 | No |  |  |  | Long Term |  | $1750.00 | No |  |  |  | Long Term |  | $1750.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $793.30 | $583.33 | Level 4-Stated/Verified as defined | No | 1 | 3 | No | No |  | Experienced Investor | 6.96 | US Citizen |  | 692 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 3 | US Citizen |  |  | Level 4-Stated/Verified as defined | 03/13/2025 | 692 | Fair Isaac (VER. 2) | 724 | FICO Classic V5 Facta | 682 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 4 | 1953 | 2709 | 8 | 4 | C3 |  | $0.00 |  |  |  |  |  |  |  | 66.463% | XX |  |  | 269.136% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025031445 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2850.00 | 1004/70 | $2850.00 | Third Party Rental Source | $2849.96 |  | 0.000000 | 1 |  |  | 1.00 | 1 | $2849.96 |  |  | No |  |  |  | Long Term |  | $2850.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $60000.00 | No |  | $395.11 | $150.50 | Level 1-Not Stated/Not Verified | No | 1 | 1 | No | No | No | Experienced Investor |  | US Citizen | US Citizen | 798 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 1-Not Stated/Not Verified | 03/03/2025 | 752 | Fair Isaac (VER. 2) | 726 | FICO Classic V5 Facta | 746 | FICO Risk Score Classic 04 | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 03/03/2025 | 812 | Fair Isaac (VER. 2) | 798 | FICO Classic V5 Facta | 771 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1962 | 2318 | 5 | 2 | C4 | XX | $0.00 |  |  |  |  |  |  |  | 63.696% | XX |  |  | 79.095% |  |  | 79.095% |  |  |  |  |  |  |  |  |
| 12025031768 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $1825.00 | 1004/70 | $1825.00 | Third Party Rental Source | $1818.27 |  | 0.000000 | 1 |  |  | 1.00 | 1 | $1818.27 |  |  | No |  |  |  | Long Term |  | $1825.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $28200.00 | No |  | $303.42 | $130.09 | Level 4-Stated/Verified as defined | No | 1 | 11 | No |  |  | Experienced Investor | 0.22 |  |  | 779 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 3 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/11/2025 | 774 | Fair Isaac (VER. 2) | 788 | FICO Classic V5 Facta | 779 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2006 | 1296 | 3 | 2 | C4 |  | $0.00 |  |  |  |  |  |  |  | 72.128% | XX |  |  | 112.368% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025031783 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $1770.00 | 1004/70 | $1770.00 | Third Party Rental Source | $1709.03 |  | 0.000000 | 0.97 |  |  | 1.04 | 1.04 | $1709.03 |  |  | No |  |  |  | Long Term |  | $1770.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $35000.00 | No |  | $314.02 | $105.92 | Level 4-Stated/Verified as defined | No | 3 | 3 | No |  |  | Experienced Investor | 0.22 |  |  | 779 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 3 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/11/2025 | 774 | Fair Isaac (VER. 2) | 788 | FICO Classic V5 Facta | 779 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2002 | 1272 | 3 | 2 | C4 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 116.912% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025031805 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $1690.00 | 1004/70 | $1690.00 | Third Party Rental Source | $1688.68 |  | 0.000000 | 1 |  |  | 1.00 | 1 | $1688.68 |  |  | No |  |  |  | Long Term |  | $1690.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $25900.00 | No |  | $302.24 | $154.10 | Level 4-Stated/Verified as defined | No | 1 | 10 | No |  |  | Experienced Investor | 0.22 |  |  | 779 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 3 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/11/2025 | 774 | Fair Isaac (VER. 2) | 788 | FICO Classic V5 Facta | 779 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2007 | 1224 | 3 | 2 | C4 |  | $0.00 |  |  |  |  |  |  |  | 71.698% | XX |  |  | 105.556% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025030483 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3977.00 | 1004/70 | $3977.00 | Third Party Rental Source | $3831.85 |  | 0.000000 | 0.96 |  |  | 1.04 | 1.04 | $3831.85 |  |  | No |  |  |  | Long Term |  | $3977.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $50800.00 | No |  | $565.50 | $169.42 | Level 4-Stated/Verified as defined | No | 1 | 3 | No |  |  | Experienced Investor | 0.55 |  |  | 695 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 3 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/23/2025 | 719 | FICO II | 695 | Beacon 5 | 684 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2005 | 3161 | 5 | 3 | C3 |  | $0.00 |  |  |  |  |  |  |  | 70.000% | XX |  |  | 101.760% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025040325 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Short Term Vacation Rental (e.g., AirBNB, VRBO, or HomeAway) |  | $12000.00 | 1004/70 | $9600.00 | Multiple Sources | $9401.35 |  | 0.000000 | 0.98 |  |  | 1.02 | 1.02 | $9401.35 |  |  | No |  |  |  | Short Term Vacation Rental (e.g., AirBNB, VRBO, or HomeAway) |  | $12000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $71500.00 | No |  | $453.50 | $659.75 | Level 4-Stated/Verified as defined | No | 1 | 1 | No | No | No | Experienced Investor |  | US Citizen | US Citizen | 786 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 03/25/2025 | 753 | Fair Isaac (VER. 2) | 736 | FICO Classic V5 Facta | 761 | FICO Risk Score Classic 04 | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 03/25/2025 | 785 | Fair Isaac (VER. 2) | 791 | FICO Classic V5 Facta | 786 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 2006 | 3142 | 6 | 5.2 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 80.000% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12025040635 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3050.00 | 1073/465 | $3050.00 | Third Party Rental Source | $2436.94 |  | 0.000000 | 0.8 |  |  | 1.25 | 1.25 | $2436.94 |  |  | No |  |  |  | Long Term |  | $3050.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | $150.00 | $91.66 | $0.00 | Level 4-Stated/Verified as defined | No | 1 | 3 | No |  |  | Experienced Investor |  |  |  | 776 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Corp | Business Entity |  |  | XXX |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 3 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/11/2025 | 772 | Fair Isaac (VER. 2) | 794 | FICO Classic V5 Facta | 776 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 2024 | 978 | 2 | 1.1 | C1 | XX | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 75.000% |  |  | 75.000% |  |  |  |  |  |  |  |  |
| 12025041444 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $5250.00 | 1004/70 | $5250.00 | Third Party Rental Source | $5248.39 |  | 0.000000 | 1 |  |  | 1.00 | 1 | $5248.39 |  |  | No |  |  |  | Long Term |  | $5250.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $506.48 | $123.58 | Level 3-Stated/Partially Verified | No | 1 | 2 | No |  |  | Experienced Investor | 1.09 |  |  | 739 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 50.00% | Full Recourse | 3 | US Citizen |  |  | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 02/04/2025 | 737 | Fair Isaac (VER. 2) | 739 | Beacon 5 | 749 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1910 | 1364 | 4 | 3 | C2 |  | $0.00 |  |  |  |  |  |  |  | 73.348% | XX |  |  | 145.591% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025041478 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2300.00 | 1004/70 | $2300.00 | Third Party Rental Source | $2272.31 |  | 0.000000 | 0.99 |  |  | 1.01 | 1.01 | $2272.31 |  |  | No |  |  |  | Long Term |  | $2300.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $20720.00 | No |  | $270.47 | $95.58 | Level 3-Stated/Partially Verified | No | 1 | 2 | No | No |  | Experienced Investor |  | US Citizen |  | 812 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | 04/08/2025 | 826 | Fair Isaac (VER. 2) | 809 | Beacon 5 | 812 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1979 | 1507 | 3 | 2 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 76.667% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12025010681 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $1500.00 | $1500.00 | 1004/70 | $1500.00 | Rent on Existing Lease | $1378.18 |  | 0.000000 | 0.92 |  |  | 1.09 | 1.09 | $1378.18 |  |  | Yes | 10/01/2024 | 10/31/2024 | 1 | Long Term | $1500.00 | $1500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $10200.00 | No |  | $190.39 | $113.17 | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  |  | Experienced Investor | 22.01 |  |  | 735 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 01/14/2025 | 735 | FICO II | 732 | Beacon 5 | 754 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1918 | 986 | 2 | 1 | C3 |  | $0.00 |  |  |  |  |  |  |  | 65.217% | XX |  |  | 468.750% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025040148 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2600.00 | 1004/70 | $2600.00 | Third Party Rental Source | $2508.00 |  | 0.000000 | 0.96 |  |  | 1.04 | 1.04 | $2508.00 |  |  | No |  |  |  | Long Term |  | $2600.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $35000.00 | No |  | $667.99 | $99.75 | Level 4-Stated/Verified as defined | No | 1 | 8 | No |  |  | Experienced Investor | 2.02 |  |  | 731 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 8 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/21/2025 | 713 | Fair Isaac (VER. 2) | 731 | FICO Classic V5 Facta | 733 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1957 | 1771 | 3 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 60.000% | XX |  |  | 104.640% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025040320 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3400.00 | 1004/70 | $3400.00 | Third Party Rental Source | $3140.01 |  | 0.000000 | 0.92 |  |  | 1.08 | 1.08 | $3140.01 |  |  | No |  |  |  | Long Term |  | $3400.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $88400.00 | No |  | $637.50 | $316.52 | Level 3-Stated/Partially Verified | No | 1 | 1 | No | No |  | First-Time Investor |  | US Citizen |  | 762 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | 04/02/2025 | 772 | Fair Isaac (VER. 2) | 755 | FICO Classic V5 Facta | 762 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1947 | 1052 | 3 | 1 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 70.333% | XX |  |  | 75.000% |  |  | 75.000% |  |  |  |  |  |  |  |  |
| 12025040509 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2650.00 | 1073/465 | $2650.00 | Third Party Rental Source | $2644.81 |  | 0.000000 | 1 |  |  | 1.00 | 1 | $2644.81 |  |  | No |  |  |  | Long Term |  | $2650.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $50000.00 | Yes | $596.00 | $420.83 | $0.00 | Level 4-Stated/Verified as defined | No | 1 | 1 | No | No |  | First-Time Investor |  | US Citizen |  | 747 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 04/04/2025 |  |  | 747 | FICO Classic V5 Facta | 747 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1969 | 989 | 2 | 2 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 62.129% | XX |  |  | 62.129% |  |  | 62.129% |  |  |  |  |  |  |  |  |
| 12025041608 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $2650.00 | $2650.00 | 1004/70 | $2650.00 | Rent on Existing Lease | $2042.51 |  | 0.000000 | 0.77 |  |  | 1.30 | 1.3 | $2042.51 |  |  | Yes | 03/06/2025 | 03/05/2026 | 12 | Long Term | $2650.00 | $2650.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $25000.00 | No |  | $379.81 | $165.92 | Level 3-Stated/Partially Verified | No | 1 | 7 | No |  |  | Experienced Investor | 3.80 |  |  | 776 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 6 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/17/2025 | 807 | Fair Isaac (VER. 2) | 776 | FICO Classic V5 Facta | 757 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1920 | 931 | 3 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 127.119% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025041617 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $2600.00 | $2600.00 | 1004/70 | $2600.00 | Rent on Existing Lease | $2481.56 |  | 0.000000 | 0.95 |  |  | 1.05 | 1.05 | $2481.56 |  |  | Yes | 04/01/2025 | 03/31/2026 | 12 | Long Term | $2600.00 | $2600.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $23600.00 | No |  | $379.81 | $205.83 | Level 3-Stated/Partially Verified | No | 1 | 6 | No |  |  | Experienced Investor | 3.39 |  |  | 776 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 6 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/17/2025 | 807 | Fair Isaac (VER. 2) | 776 | FICO Classic V5 Facta | 757 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1930 | 972 | 3 | 1 | C3 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 132.558% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025042624 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2500.00 | 1025/72 | $2500.00 | Third Party Rental Source | $1582.96 |  | 0.000000 | 0.63 |  |  | 1.58 | 1.58 | $1582.96 |  |  | No |  |  |  | Long Term |  | $1200.00 | No |  |  |  | Long Term |  | $1300.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | No |  | $87.50 | $231.71 | Level 4-Stated/Verified as defined | No | 1 | 3 | No | No |  | Experienced Investor | 13.30 | US Citizen |  | 708 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 04/29/2025 | 633 | Fair Isaac (VER. 2) | 719 | FICO Classic V5 Facta | 708 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 2 | 1920 | 1045 | 2 | 2 | Average |  | $0.00 |  |  |  |  |  |  |  | 70.000% | XX |  |  | 2713.846% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025031840 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $7242.00 | 1004/70 | $7242.00 | Third Party Rental Source | $5224.71 |  | 0.000000 | 0.72 |  |  | 1.39 | 1.39 | $5224.71 |  |  | No |  |  |  | Long Term |  | $7242.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $50100.00 | No |  | $913.63 | $518.89 | Level 3-Stated/Partially Verified | No | 1 | 3 | No | No |  | Experienced Investor | 2.02 | US Citizen |  | 735 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 3 | US Citizen |  |  | Level 3-Stated/Partially Verified | 03/17/2025 | 767 | Fair Isaac (VER. 2) | 735 | FICO Classic V5 Facta | 690 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1993 | 1864 | 4 | 3 | C3 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 71.382% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025040369 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $7140.00 | $9000.00 | 1025/72 | $9000.00 | Third Party Rental Source | $8208.73 |  | 0.000000 | 0.91 |  |  | 1.10 | 1.1 | $8208.73 |  |  | Yes | 06/01/2024 | 06/01/2025 | 12 | Long Term | $1775.00 | $2000.00 | Yes | 06/01/2024 | 06/01/2025 | 12 | Long Term | $1775.00 | $2000.00 | Yes | 01/01/2026 | 01/01/2026 | 1 | Long Term | $1795.00 | $2500.00 | Yes | 01/01/2025 | 01/01/2026 | 12 | Long Term | $1795.00 | $2500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $78440.00 | No |  | $1180.25 | $137.85 | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  | No | Experienced Investor | 4.11 |  | US Citizen | 709 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Trust | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  | Individual | Trustee |  | XX | XX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 04/28/2025 | 715 | Fair Isaac (VER. 2) | 681 | FICO Classic V5 Facta | 709 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 4 | 1956 | 1946 | 6 | 4 | C3 |  | $0.00 |  |  |  |  |  |  |  | 70.000% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025010941 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $3629.00 | $2700.00 | 1025/72 | $3629.00 | Rent on Existing Lease | $3628.84 |  | 0.000000 | 1 |  |  | 1.00 | 1 | $3628.84 |  |  | Yes | 10/09/2024 | 10/01/2025 | 11 | Long Term | $1479.00 | $1350.00 | Yes | 01/15/2025 | 12/31/2025 | 11 | Long Term | $2150.00 | $1350.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $502.85 | $126.36 | Level 1-Not Stated/Not Verified | No | 1 | 19 | No |  |  | Experienced Investor | 1.53 |  |  | 746 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 18 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 01/14/2025 | 741 | Fair Isaac (VER. 2) | 746 | FICO Classic V5 Facta | 781 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 2 | 1962 | 1947 | 4 | 2 | C4 |  | $0.00 |  |  |  |  |  |  |  | 77.297% | XX |  |  | 91.471% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025040751 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3650.00 | 1073/465 | $6658.33 | Multiple Sources | $5685.57 |  | 0.000000 | 0.85 |  |  | 1.17 | 1.17 | $5685.57 |  |  | No |  |  |  | Long Term |  | $3650.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | $490.00 | $807.29 | $123.68 | Level 4-Stated/Verified as defined | No | 1 | 3 | No | No |  | Experienced Investor |  | US Citizen |  | 722 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual | Retired | XX | XX | 4 | US Citizen |  |  | Level 4-Stated/Verified as defined | 03/12/2025 | 722 | Fair Isaac (VER. 2) | 746 | FICO Classic V5 Facta | 709 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1978 | 1307 | 3 | 2.1 | C3 | XX | $0.00 | $3008.33 |  |  |  |  |  |  | 74.519% | XX |  |  | 75.000% |  |  | 75.000% |  |  |  |  |  |  |  |  |
| 12025041010 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $5800.00 | 1004/70 | $5800.00 | Third Party Rental Source | $3672.28 |  | 0.000000 | 0.63 |  |  | 1.58 | 1.58 | $3672.28 |  |  | No |  |  |  | Long Term |  | $5800.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $143.86 | $75.04 | Level 4-Stated/Verified as defined | No | 1 | 1 | No | No | No | Experienced Investor |  | US Citizen | US Citizen | 778 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 04/29/2025 | 804 | Fair Isaac (VER. 2) | 778 | FICO Classic V5 Facta | 768 | FICO Risk Score Classic 04 | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 04/08/2025 | 767 | Fair Isaac (VER. 2) | 756 | FICO Classic V5 Facta | 751 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1955 | 1241 | 2 | 2 | C4 |  | $0.00 |  |  |  |  |  |  |  | 28.169% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025041945 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $6500.00 | $6300.00 | 1004/70 | $9000.00 | Multiple Sources | $3549.02 |  | 0.000000 | 0.39 |  |  | 2.54 | 2.54 | $3549.02 |  |  | Yes | 03/01/2023 | 03/01/2024 | 12 | Long Term | $1400.00 | $3150.00 | Yes | 07/01/2023 | 07/01/2024 | 12 | Long Term | $2400.00 | $3150.00 | Yes | 07/01/2024 | 07/01/2025 | 12 | Long Term | $2700.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $45600.00 | No |  | $322.92 | $44.67 | Level 4-Stated/Verified as defined | No | 1 | 4 | No |  |  | Experienced Investor |  |  |  | 747 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 50.00% | Full Recourse | 3 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/23/2025 | 663 | Fair Isaac (VER. 2) | 693 | FICO Classic V5 Facta | 701 | FICO Risk Score Classic 04 | 3 | XX | XX | 50.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/23/2025 | 724 | Fair Isaac (VER. 2) | 747 | FICO Classic V5 Facta | 777 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1920 | 420 | 3 | 1 | C4 |  | $0.00 |  |  |  |  |  |  |  | 70.000% | XX |  |  | 321.555% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025042111 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3000.00 | 1004/70 | $3000.00 | Third Party Rental Source | $2976.03 |  | 0.000000 | 0.99 |  |  | 1.01 | 1.01 | $2976.03 |  |  | No |  |  |  | Long Term |  | $3000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $38000.00 | Yes | $150.00 | $496.90 | $336.75 | Level 3-Stated/Partially Verified | No | 1 | 13 | No | No |  | Experienced Investor |  | US Citizen |  | 770 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 4 | US Citizen |  |  | Level 3-Stated/Partially Verified | 04/24/2025 | 764 | Fair Isaac (VER. 2) | 770 | FICO Classic V5 Facta | 794 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 2022 | 1544 | 3 | 2.1 | C2 | XX | $0.00 |  |  |  |  |  |  |  | 71.310% | XX |  |  | 72.606% |  |  | 72.606% |  |  |  |  |  |  |  |  |
| 12025040992 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $2400.00 | $2450.00 | 1025/72 | $2300.00 | Multiple Sources | $1775.82 |  | 0.000000 | 0.77 |  |  | 1.30 | 1.3 | $1775.82 |  |  | Yes | 05/01/2024 | 05/01/2025 | 12 | Long Term | $800.00 | $950.00 | Yes | 12/01/2024 | 12/01/2025 | 12 | Long Term | $1600.00 | $1500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | $372.75 | $82.42 | Level 4-Stated/Verified as defined | No | 1 | 2 | No | No | No | Experienced Investor |  | Permanent Resident Alien | US Citizen | 737 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 3 | Permanent Resident Alien |  |  | Level 4-Stated/Verified as defined | 03/17/2025 | 737 | Fair Isaac (VER. 2) | 743 | FICO Classic V5 Facta | 732 | FICO Risk Score Classic 04 | Individual | Individual |  | XX | XX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 03/17/2025 | 692 | Fair Isaac (VER. 2) | 670 | FICO Classic V5 Facta | 692 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 2 | 1935 | 2420 | 6 | 2 | Average | XX | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 75.000% |  |  | 75.000% |  |  |  |  |  |  |  |  |
| 12025041336 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $2500.00 | $2500.00 | 1004/70 | $2500.00 | Rent on Existing Lease | $2133.03 |  | 0.000000 | 0.85 |  |  | 1.17 | 1.17 | $2133.03 |  |  | Yes | 01/01/2025 | 01/31/2026 | 13 | Long Term | $2500.00 | $2500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | $57.24 | $45.60 | Level 4-Stated/Verified as defined | No | 1 | 2 | No | No |  | Experienced Investor | 0.48 | US Citizen |  | 749 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 04/15/2025 | 766 | Fair Isaac (VER. 2) | 749 | FICO Classic V5 Facta | 680 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1961 | 1380 | 2 | 2 | C4 |  | $0.00 |  |  |  |  |  |  |  | 80.000% | XX |  |  | 112.000% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025030810 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $11200.00 | 1025/72 | $11200.00 | Third Party Rental Source | $8743.10 |  | 0.000000 | 0.78 |  |  | 1.28 | 1.28 | $8743.10 |  |  | No |  |  |  | Long Term |  | $2800.00 | No |  |  |  | Long Term |  | $2800.00 | No |  |  |  | Long Term |  | $2800.00 | No |  |  |  | Long Term |  | $2800.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $130848.00 | No |  | $970.38 | $546.50 | Level 3-Stated/Partially Verified | No | 1 | 5 | No |  |  | Experienced Investor |  |  |  | 790 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 4 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 01/31/2025 | 815 | Fair Isaac (VER. 2) | 790 | FICO Classic V5 Facta | 785 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 4 | 1931 | 3060 | 8 | 4 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 80.000% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12025041191 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3100.00 | 1004/70 | $3100.00 | Third Party Rental Source | $3609.00 |  | 0.000000 | 1.16 |  |  | 0.86 | 0.86 | $3609.00 |  |  | No |  |  |  | Long Term |  | $3100.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $32500.00 | No |  | $710.89 | $46.17 | Level 3-Stated/Partially Verified | No | 1 | 1 | No | No |  | Experienced Investor |  | US Citizen |  | 701 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 2 | US Citizen |  |  | Level 3-Stated/Partially Verified | 04/08/2025 | 684 | Fair Isaac (VER. 2) | 701 | Beacon 5 | 713 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 2025 | 1538 | 3 | 2 | C1 | XX | $0.00 |  |  |  |  |  |  |  | 74.435% | XX |  |  | 75.000% |  |  | 75.000% |  |  |  |  |  |  |  |  |
| 12025041008 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2200.00 | 1004/70 | $2200.00 | Third Party Rental Source | $2502.41 |  | 0.000000 | 1.14 |  |  | 0.88 | 0.88 | $2502.41 |  |  | No |  |  |  | Long Term |  | $2200.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $45100.00 | No |  | $180.71 | $168.74 | Level 3-Stated/Partially Verified | No | 1 | 5 | No | No |  | Experienced Investor | 0.53 | US Citizen |  | 703 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 3 | US Citizen |  |  | Level 3-Stated/Partially Verified | 05/02/2025 | 731 | Fair Isaac (VER. 2) | 703 | FICO Classic V5 Facta | 679 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1989 | 1360 | 3 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 70.000% | XX |  |  | 114.286% | XX |  |  |  |  |  |  |  |  |  |  |
| 32025040269 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $9985.00 | 1025/72 | $9985.00 | Third Party Rental Source | $7103.55 |  | 0.000000 | 0.71 |  |  | 1.41 | 1.41 | $7103.55 |  |  | No |  |  |  | Long Term |  | $5015.00 | No |  |  |  | Long Term |  | $2485.00 | No |  |  |  | Long Term |  | $2485.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $122800.00 | No |  | $1778.83 | $285.34 | Level 1-Not Stated/Not Verified | No | 1 | 7 | No |  | No | Experienced Investor | 5.51 |  | US Citizen | 750 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Trust | Business Entity |  |  | XXX |  |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  | Individual | Trustee |  | XX | XX | 7 | US Citizen |  |  | Level 3-Stated/Partially Verified | 02/24/2025 | 750 | Fair Isaac (VER. 2) | 765 | FICO Classic V5 Facta | 744 | FICO Risk Score Classic 04 | Trustee | XX | XX | 7 | US Citizen |  |  | Level 3-Stated/Partially Verified | 02/24/2025 | 720 | Fair Isaac (VER. 2) | 716 | FICO Classic V5 Facta | 721 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 3 | 1978 | 4028 | 8 | 6.5 | C3 |  | $0.00 |  |  |  |  |  |  |  | 36.123% | XX |  |  | 50.610% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025040270 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $5500.00 | $5000.00 | 1004/70 | $5000.00 | Third Party Rental Source | $3555.85 |  | 0.000000 | 0.71 |  |  | 1.41 | 1.41 | $3555.85 |  |  | Yes | 04/14/2025 | 04/13/2026 | 12 | Long Term | $5500.00 | $5000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $603.62 | $307.92 | Level 4-Stated/Verified as defined | No | 1 | 5 | No |  |  | Experienced Investor | 3.15 |  |  | 745 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  | LLC | Business Entity |  |  | XX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 90.00% | Full Recourse | 3 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/24/2025 | 742 | Fair Isaac (VER. 2) | 745 | FICO Classic V5 Facta | 787 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1954 | 1453 | 3 | 3 | C3 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025041171 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $1725.00 | 1004/70 | $1725.00 | Third Party Rental Source | $1685.28 |  | 0.000000 | 0.98 |  |  | 1.02 | 1.02 | $1685.28 |  |  | No |  |  |  | Long Term |  | $1725.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | $297.04 | $186.33 | Level 3-Stated/Partially Verified | No | 1 | 1 | No |  |  | Experienced Investor |  |  |  | 819 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 49.00% | Full Recourse | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/08/2025 | 813 | Fair Isaac (VER. 2) | 806 | FICO Classic V5 Facta | 804 | FICO Risk Score Classic 04 | 3 | XX | XX | 51.00% | Full Recourse | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/08/2025 | 822 | Fair Isaac (VER. 2) | 809 | FICO Classic V5 Facta | 819 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1971 | 1532 | 4 | 2 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 76.239% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12025041254 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2200.00 | 1004/70 | $2200.00 | Third Party Rental Source | $1976.46 |  | 0.000000 | 0.9 |  |  | 1.11 | 1.11 | $1976.46 |  |  | No |  |  |  | Long Term |  | $2200.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $12000.00 | No |  | $303.98 | $189.67 | Level 1-Not Stated/Not Verified | No | 1 | 2 | No |  |  | Experienced Investor | 0.35 |  |  | 709 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/15/2025 | 733 | FICO II | 709 | Beacon 5 | 702 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1983 | 1395 | 3 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 79.607% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025041145 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $32000.00 | $11000.00 | 1004/70 | $8800.00 | Multiple Sources | $6957.69 |  | 0.000000 | 0.79 |  |  | 1.26 | 1.26 | $6957.69 |  |  | Yes | 05/01/2025 | 09/01/2025 | 4 | Long Term | $32000.00 | $11000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $100000.00 | No |  | $951.34 | $504.30 | Level 4-Stated/Verified as defined | No | 1 | 4 | No |  |  | Experienced Investor | 1.36 |  |  | 737 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 50.00% | Full Recourse | 2 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/14/2025 | 737 | Fair Isaac (VER. 2) | 726 | FICO Classic V5 Facta | 747 | FICO Risk Score Classic 04 | 3 | XX | XX | 50.00% | Full Recourse | 3 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/14/2025 | 730 | Fair Isaac (VER. 2) | 714 | FICO Classic V5 Facta | 732 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1978 | 2518 | 5 | 3 | C2 |  | $0.00 |  |  |  |  |  |  |  | 64.000% | XX |  |  | 85.333% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025012001 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $2500.00 | $1800.00 | 1073/465 | $2500.00 | Rent on Existing Lease | $2048.09 |  | 0.000000 | 0.82 |  |  | 1.22 | 1.22 | $2048.09 |  |  | Yes | 03/15/2025 | 03/15/2026 | 12 | Long Term | $2500.00 | $1800.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $17400.00 | Yes | $150.00 | $398.19 | $49.17 | Level 4-Stated/Verified as defined | No | 1 | 6 | No |  |  | Experienced Investor | 2.69 |  |  | 710 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 02/20/2025 | 700 | Fair Isaac (VER. 2) | 710 | FICO Classic V5 Facta | 714 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1973 | 2002 | 3 | 3.1 | C3 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 91.406% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025030958 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3700.00 | 1004/70 | $3700.00 | Third Party Rental Source | $3463.01 |  | 0.000000 | 0.94 |  |  | 1.07 | 1.07 | $3463.01 |  |  | No |  |  |  | Long Term |  | $3700.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $48000.00 | No |  | $516.14 | $117.25 | Level 1-Not Stated/Not Verified | No | 1 | 1 | No |  |  | Experienced Investor |  |  |  | 781 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/07/2025 | 756 | Fair Isaac (VER. 2) | 785 | FICO Classic V5 Facta | 781 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1971 | 1530 | 3 | 1.1 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 80.000% | XX |  |  | 78.505% |  |  | 78.505% |  |  |  |  |  |  |  |  |
| 12025042731 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $3800.00 | $1800.00 | 1004/70 | $3800.00 | Rent on Existing Lease | $1798.31 |  | 0.000000 | 0.47 |  |  | 2.11 | 2.11 | $1798.31 |  |  | Yes | 04/12/2025 | 04/11/2026 | 12 | Long Term | $3800.00 | $1800.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | $216.62 | $81.17 | Level 3-Stated/Partially Verified | No | 1 | 8 | No |  |  | Experienced Investor | 0.41 |  |  | 724 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 8 | US Citizen |  |  | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/25/2025 | 750 | Fair Isaac (VER. 2) | 724 | FICO Classic V5 Facta | 683 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1939 | 1056 | 3 | 1 | C3 |  | $0.00 |  |  |  |  |  |  |  | 77.091% | XX |  |  | 184.348% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025021061 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2100.00 | 1004/70 | $2100.00 | Third Party Rental Source | $2097.76 |  | 0.000000 | 1 |  |  | 1.00 | 1 | $2097.76 |  |  | No |  |  |  | Long Term |  | $2100.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $74046.00 | No |  | $248.16 | $73.18 | Level 4-Stated/Verified as defined | No | 1 | 5 | No | No |  | Experienced Investor | 5.99 | US Citizen |  | 671 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 01/31/2025 | 662 | Fair Isaac (VER. 2) | 674 | FICO Classic V5 Facta | 671 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1955 | 1575 | 3 | 1.1 | C4 |  | $0.00 |  |  |  |  |  |  |  | 70.000% | XX |  |  | 106.522% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025040029 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3700.00 | 1025/72 | $3790.00 | Multiple Sources | $2876.16 |  | 0.000000 | 0.76 |  |  | 1.32 | 1.32 | $2876.16 |  |  | No |  |  |  | Long Term |  | $1850.00 | No |  |  |  | Long Term |  | $1850.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $614.43 | $98.08 | Level 3-Stated/Partially Verified | No | 1 | 1 | No | No |  | Experienced Investor |  | US Citizen |  | 739 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | 02/20/2025 | 765 | Fair Isaac (VER. 2) | 725 | FICO Classic V5 Facta | 739 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 2 | 1920 | 2112 | 4 | 2 | C4 | XX | $0.00 |  |  |  |  |  |  |  | 80.000% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12025042025 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $8400.00 | 1025/72 | $8400.00 | Third Party Rental Source | $7734.04 |  | 0.000000 | 0.92 |  |  | 1.09 | 1.09 | $7734.04 |  |  | No |  |  |  | Long Term |  | $4200.00 | No |  |  |  | Long Term |  | $4200.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $46010.00 | No |  | $1639.38 | $330.75 | Level 4-Stated/Verified as defined | No | 1 | 2 | No | No |  | Experienced Investor |  | US Citizen |  | 740 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 3 | US Citizen |  |  | Level 4-Stated/Verified as defined | 03/31/2025 | 711 | FICO II | 743 | Beacon 5 | 740 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 2 | 2023 | 2808 | 10 | 4 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 79.354% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12025032622 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $4200.00 | $3200.00 | 1004/70 | $4200.00 | Rent on Existing Lease | $3667.62 |  | 0.000000 | 0.87 |  |  | 1.15 | 1.15 | $3667.62 |  |  | Yes | 02/01/2025 | 01/31/2026 | 12 | Long Term | $4200.00 | $3200.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $28550.00 | No |  | $531.17 | $420.00 | Level 4-Stated/Verified as defined | No | 1 | 4 | No |  |  | Experienced Investor | 2.13 |  |  | 717 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  | LLC | Business Entity |  |  | XX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 2 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/07/2025 | 702 | Fair Isaac (VER. 2) | 723 | FICO Classic V5 Facta | 717 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1958 | 1500 | 3 | 2 | C4 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 81.447% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025020044 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $4300.00 | 1004/70 | $4300.00 | Third Party Rental Source | $4111.88 |  | 0.000000 | 0.96 |  |  | 1.05 | 1.05 | $4111.88 |  |  | No |  |  |  | Long Term |  | $4300.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $559.17 | $283.18 | Level 4-Stated/Verified as defined | No | 1 | 4 | No |  |  | Experienced Investor |  |  |  | 747 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 4 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 02/03/2025 | 765 | Fair Isaac (VER. 2) | 735 | FICO Classic V5 Facta | 747 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1910 | 1308 | 3 | 1 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 72.321% | XX |  |  | 75.000% |  |  | 75.000% |  |  |  |  |  |  |  |  |
| 12025040457 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2100.00 | 1004/70 | $2100.00 | Third Party Rental Source | $1822.59 |  | 0.000000 | 0.87 |  |  | 1.15 | 1.15 | $1822.59 |  |  | No |  |  |  | Long Term |  | $2100.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $12000.00 | No |  | $230.67 | $145.25 | Level 4-Stated/Verified as defined | No | 1 | 3 | No |  |  | Experienced Investor | 0.58 |  |  | 686 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 2 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/25/2025 | 698 | Fair Isaac (VER. 2) | 686 | FICO Classic V5 Facta | 669 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1926 | 1341 | 3 | 1 | C3 |  | $0.00 |  |  |  |  |  |  |  | 70.000% | XX |  |  | 298.667% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025041009 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2100.00 | 1004/70 | $2100.00 | Third Party Rental Source | $1990.27 |  | 0.000000 | 0.95 |  |  | 1.06 | 1.06 | $1990.27 |  |  | No |  |  |  | Long Term |  | $2100.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | $82.92 | $274.76 | $125.08 | Level 4-Stated/Verified as defined | No | 1 | 1 | No |  |  | Experienced Investor |  |  |  | 738 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 90.00% | Full Recourse | 2 | Permanent Resident Alien |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/04/2025 | 727 | Fair Isaac (VER. 2) | 738 | FICO Classic V5 Facta | 753 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1985 | 1408 | 4 | 1.1 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 79.852% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12025021199 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3500.00 | 1004/70 | $3500.00 | Third Party Rental Source | $3444.27 |  | 0.000000 | 0.98 |  |  | 1.02 | 1.02 | $3444.27 |  |  | No |  |  |  | Long Term |  | $3500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $744.58 | $147.75 | Level 3-Stated/Partially Verified | No | 1 | 5 | No | No |  | Experienced Investor |  | US Citizen |  | 753 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 4 | US Citizen |  |  | Level 3-Stated/Partially Verified | 02/06/2025 | 718 | Fair Isaac (VER. 2) | 758 | FICO Classic V5 Facta | 753 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1857 | 2554 | 5 | 2 | C4 | XX | $0.00 |  |  |  |  |  |  |  | 85.000% | XX |  |  | 85.000% |  |  | 85.000% |  |  |  |  |  |  |  |  |
| 12025021710 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $6800.00 | $5600.00 | 1025/72 | $6800.00 | Rent on Existing Lease | $6001.77 |  | 0.000000 | 0.88 |  |  | 1.13 | 1.13 | $6001.77 |  |  | Yes | 04/01/2025 | 04/01/2026 | 12 | Long Term | $3000.00 | $2900.00 | Yes | 04/01/2025 | 04/01/2026 | 12 | Long Term | $3800.00 | $2700.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $40000.00 | No |  | $767.37 | $245.92 | Level 1-Not Stated/Not Verified | No | 1 | 1 | No |  |  | First-Time Investor |  |  |  | 722 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 02/25/2025 | 729 | FICO II | 702 | Beacon 5 | 722 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 2 | 1940 | 1457 | 3 | 2 | Average | XX | $0.00 |  |  |  |  |  |  |  | 64.906% | XX |  |  | 71.667% |  |  | 71.667% |  |  |  |  |  |  |  |  |
| 12025040467 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $2950.00 | $2200.00 | 1004/70 | $2950.00 | Rent on Existing Lease | $2564.59 |  | 0.000000 | 0.87 |  |  | 1.15 | 1.15 | $2564.59 |  |  | Yes | 05/01/2025 | 05/01/2026 | 12 | Long Term | $2950.00 | $2200.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $29500.00 | No |  | $286.42 | $186.25 | Level 4-Stated/Verified as defined | No | 1 | 3 | No |  |  | Experienced Investor | 6.54 |  |  | 746 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 2 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/31/2025 | 725 | Fair Isaac (VER. 2) | 746 | FICO Classic V5 Facta | 746 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1980 | 1150 | 3 | 1 | C2 |  | $0.00 |  |  |  |  |  |  |  | 77.867% | XX |  |  | 144.913% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025032647 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $33000.00 | 1073/465 | $33000.00 | Third Party Rental Source | $23705.59 |  | 0.000000 | 0.72 |  |  | 1.39 | 1.39 | $23705.59 |  |  | No |  |  |  | Long Term |  | $33000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $120000.00 | Yes | $6000.00 | $2711.38 | $357.00 | Level 4-Stated/Verified as defined | No | 1 | 2 | No | No |  | Experienced Investor | 11.80 | US Citizen |  | 724 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 01/16/2025 | 722 | Fair Isaac (VER. 2) | 724 | FICO Classic V5 Facta | 733 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2000 | 4633 | 3 | 5 | C3 |  | $0.00 |  |  |  |  |  |  |  | 45.809% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025040938 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2150.00 | 1073/465 | $2150.00 | Third Party Rental Source | $2022.71 |  | 0.000000 | 0.94 |  |  | 1.06 | 1.06 | $2022.71 |  |  | No |  |  |  | Long Term |  | $2150.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $5400.00 | Yes | $297.00 | $268.96 | $52.58 | Level 4-Stated/Verified as defined | No | 1 | 1 | No |  |  | Experienced Investor | 8.88 |  |  | 700 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 50.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/08/2025 | 701 | Fair Isaac (VER. 2) | 692 | FICO Classic V5 Facta | 688 | FICO Risk Score Classic 04 | 3 | XX | XX | 50.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/08/2025 | 700 | Fair Isaac (VER. 2) | 746 | FICO Classic V5 Facta | 693 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1991 | 909 | 2 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 70.000% | XX |  |  | 157.430% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025021612 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2200.00 | 1004/70 | $2450.00 | Multiple Sources | $2434.86 |  | 0.000000 | 0.99 |  |  | 1.01 | 1.01 | $2434.86 |  |  | No |  |  |  | Long Term |  | $2200.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $30600.00 | Yes | $22.92 | $536.54 | $243.68 | Level 1-Not Stated/Not Verified | No | 1 | 1 | No |  |  | Experienced Investor | 0.22 |  |  | 728 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 81.00% | Full Recourse | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 3-Stated/Partially Verified | Classic | 02/20/2025 | 728 | Fair Isaac (VER. 2) | 754 | FICO Classic V5 Facta | 695 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2002 | 12801 | 3 | 2.1 | C3 |  | $0.00 | $250.00 |  |  |  |  |  |  | 75.000% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025031932 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2950.00 | 1004/70 | $2950.00 | Third Party Rental Source | $2004.66 |  | 0.000000 | 0.68 |  |  | 1.47 | 1.47 | $2004.66 |  |  | No |  |  |  | Long Term |  | $2950.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $205.82 | $94.08 | Level 4-Stated/Verified as defined | No | 1 | 3 | No |  |  | Experienced Investor | 4.54 |  |  | 691 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 81.00% | Full Recourse | 3 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/24/2025 | 749 | FICO II | 683 | Beacon 5 | 691 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1969 | 2179 | 4 | 2 | C2 |  | $0.00 |  |  |  |  |  |  |  | 70.000% | XX |  |  | 297.500% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025040468 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3100.00 | 1004/70 | $3100.00 | Third Party Rental Source | $2729.89 |  | 0.000000 | 0.88 |  |  | 1.14 | 1.14 | $2729.89 |  |  | No |  |  |  | Long Term |  | $3100.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $30200.00 | No |  | $232.23 | $240.88 | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  |  | Experienced Investor | 0.52 |  |  | 771 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 51.00% | Full Recourse | 2 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 02/27/2025 | 776 | Fair Isaac (VER. 2) | 771 | FICO Classic V5 Facta | 763 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1956 | 2169 | 5 | 3 | C3 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 139.574% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025040238 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $4900.00 | 1004/70 | $5400.00 | Multiple Sources | $4981.59 |  | 0.000000 | 0.92 |  |  | 1.08 | 1.08 | $4981.59 |  |  | No |  |  |  | Long Term |  | $4900.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $162900.00 | Yes | $63.00 | $804.69 | $308.31 | Level 1-Not Stated/Not Verified | No | 1 | 1 | No |  | No | Experienced Investor |  |  | US Citizen | 778 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Trust | Business Entity |  |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  | Individual | Trustee | Retired | XX | XX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 04/02/2025 | 782 | FICO II | 778 | Beacon 5 | 756 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1987 | 1227 | 3 | 2 | C4 | XX | $0.00 | $500.00 |  |  |  |  |  |  | 74.990% | XX |  |  | 74.990% |  |  | 74.990% |  |  |  |  |  |  |  |  |
| 12025031248 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $2241.00 | $3100.00 | 1025/72 | $3100.00 | Third Party Rental Source | $2304.64 |  | 0.000000 | 0.74 |  |  | 1.35 | 1.35 | $2304.64 |  |  | Yes | 06/14/2024 | 05/31/2025 | 11 | Long Term | $2241.00 | $1200.00 | No |  |  |  | Long Term |  | $1900.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $380.54 | $190.75 | Level 4-Stated/Verified as defined | No | 1 | 9 | No | No |  | Experienced Investor | 3.03 | US Citizen |  | 715 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 3 | US Citizen |  |  | Level 4-Stated/Verified as defined | 02/13/2025 | 708 | Fair Isaac (VER. 2) | 715 | FICO Classic V5 Facta | 715 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 2 | 1890 | 1838 | 9 | 3 | C4 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 117.836% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025031251 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $3534.00 | $5300.00 | 1025/72 | $5300.00 | Third Party Rental Source | $3181.06 |  | 0.000000 | 0.6 |  |  | 1.67 | 1.67 | $3181.06 |  |  | No |  |  |  | Long Term |  | $1800.00 | Yes | 12/01/2024 | 11/30/2025 | 12 | Long Term | $1600.00 | $1800.00 | Yes | 08/01/2024 | 07/31/2025 | 12 | Long Term | $1934.00 | $1700.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $90199.00 | No |  | $470.85 | $454.10 | Level 4-Stated/Verified as defined | No | 1 | 3 | No | No |  | Experienced Investor | 5.84 | US Citizen |  | 715 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 3 | US Citizen |  |  | Level 4-Stated/Verified as defined | 02/13/2025 | 708 | Fair Isaac (VER. 2) | 715 | FICO Classic V5 Facta | 715 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 3 | 1900 | 3940 | 9 | 3 | C4 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025032610 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2200.00 | 1004/70 | $2200.00 | Third Party Rental Source | $2746.71 |  | 0.000000 | 1.25 |  |  | 0.80 | 0.8 | $2746.71 |  |  | No |  |  |  | Long Term |  | $2200.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $52700.00 | No |  | $237.86 | $502.90 | Level 4-Stated/Verified as defined | No | 1 | 4 | No | No |  | Experienced Investor |  | US Citizen |  | 743 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 03/31/2025 | 811 | Fair Isaac (VER. 2) | 719 | FICO Classic V5 Facta | 743 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1996 | 3544 | 4 | 3 | C4 | XX | $0.00 |  |  |  |  |  |  |  | 68.293% | XX |  |  | 74.667% |  |  | 74.667% |  |  |  |  |  |  |  |  |
| 12025030050 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2550.00 | 1025/72 | $2550.00 | Third Party Rental Source | $1642.86 |  | 0.000000 | 0.64 |  |  | 1.55 | 1.55 | $1642.86 |  |  | No |  |  |  | Long Term |  | $1250.00 | No |  |  |  | Long Term |  | $1300.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $60600.00 | No |  | $346.55 | $173.92 | Level 1-Not Stated/Not Verified | No | 1 | 7 | No |  |  | Experienced Investor |  |  |  | 751 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 7 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/25/2025 | 744 | Fair Isaac (VER. 2) | 775 | FICO Classic V5 Facta | 751 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 2 | 1890 | 2007 | 5 | 2 | Average | XX | $0.00 |  |  |  |  |  |  |  | 84.800% | XX |  |  | 85.000% |  |  | 85.000% |  |  |  |  |  |  |  |  |
| 12025031846 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $7100.00 | $7100.00 | 1004/70 | $7100.00 | Rent on Existing Lease | $6835.66 |  | 0.000000 | 0.96 |  |  | 1.04 | 1.04 | $6835.66 |  |  | Yes | 06/15/2025 | 06/14/2025 | 1 | Long Term | $7100.00 | $7100.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $1312.25 | $360.92 | Level 4-Stated/Verified as defined | No | 1 | 2 | No | No |  | Experienced Investor | 19.25 | US Citizen |  | 744 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 03/03/2025 | 777 | Fair Isaac (VER. 2) | 729 | FICO Classic V5 Facta | 744 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2007 | 2469 | 4 | 2.2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 73.026% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025032133 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3100.00 | 1004/70 | $3100.00 | Third Party Rental Source | $2704.22 |  | 0.000000 | 0.87 |  |  | 1.15 | 1.15 | $2704.22 |  |  | No |  |  |  | Long Term |  | $3100.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | $133.33 | $375.90 | $213.17 | Level 4-Stated/Verified as defined | No | 0 | 1 | No | No |  | First-Time Investor |  | US Citizen |  | 779 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 03/24/2025 | 788 | Fair Isaac (VER. 2) | 779 | FICO Classic V5 Facta | 765 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1946 | 1248 | 4 | 1 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 78.873% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12025032644 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $5300.00 | $4000.00 | 1004/70 | $5300.00 | Rent on Existing Lease | $4185.65 |  | 0.000000 | 0.79 |  |  | 1.27 | 1.27 | $4185.65 |  |  | Yes | 06/01/2025 | 05/31/2026 | 12 | Long Term | $5300.00 | $4000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $771.83 | $122.58 | Level 3-Stated/Partially Verified | No | 1 | 1 | No | No |  | First-Time Investor |  | US Citizen |  | 733 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | 05/02/2025 | 731 | Fair Isaac (VER. 2) | 751 | FICO Classic V5 Facta | 733 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1958 | 1349 | 4 | 2 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 74.400% | XX |  |  | 74.400% |  |  | 74.400% |  |  |  |  |  |  |  |  |
| 12025042043 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $2590.00 | $2590.00 | 1025/72 | $2590.00 | Rent on Existing Lease | $1750.95 |  | 0.000000 | 0.68 |  |  | 1.48 | 1.48 | $1750.95 |  |  | Yes | 01/01/2025 | 12/31/2025 | 12 | Long Term | $1295.00 | $1295.00 | Yes | 02/01/2025 | 04/30/2026 | 15 | Long Term | $1295.00 | $1295.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $482.96 | $278.83 | Level 3-Stated/Partially Verified | No | 1 | 1 | No |  |  | First-Time Investor |  |  |  | 742 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 90.00% | Full Recourse | 1 | Permanent Resident Alien |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/07/2025 | 762 | Fair Isaac (VER. 2) | 742 | FICO Classic V5 Facta | 725 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 2 | 1990 | 1646 | 2 | 2 | Average | XX | $0.00 |  |  |  |  |  |  |  | 50.000% | XX |  |  | 43.284% |  |  | 43.284% |  |  |  |  |  |  |  |  |
| 12025040459 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Short Term Vacation Rental (e.g., AirBNB, VRBO, or HomeAway) |  | $2100.00 | 1004/70 | $5092.80 | Multiple Sources | $2442.20 |  | 0.000000 | 0.48 |  |  | 2.09 | 2.09 | $2442.20 |  |  | No |  |  |  | Short Term Vacation Rental (e.g., AirBNB, VRBO, or HomeAway) |  | $2100.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $31990.00 | Yes | $32.08 | $622.24 | $125.08 | Level 3-Stated/Partially Verified | No | 1 | 4 | No | No |  | Experienced Investor |  | US Citizen |  | 776 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 3 | US Citizen |  |  | Level 3-Stated/Partially Verified | 04/17/2025 | 801 | Fair Isaac (VER. 2) | 776 | FICO Classic V5 Facta | 775 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 2019 | 2016 | 4 | 2.1 | C2 | XX | $0.00 |  |  |  |  |  |  |  | 74.536% | XX |  |  | 75.000% |  |  | 75.000% |  |  |  |  |  |  |  |  |
| 12025041880 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $4800.00 | 1025/72 | $4800.00 | Third Party Rental Source | $4080.60 |  | 0.000000 | 0.85 |  |  | 1.18 | 1.18 | $4080.60 |  |  | No |  |  |  | Long Term |  | $2400.00 | No |  |  |  | Long Term |  | $2400.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | $48.66 | $133.83 | Level 4-Stated/Verified as defined | No | 1 | 7 | No |  |  | Experienced Investor | 0.39 |  |  | 742 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 85.00% | Full Recourse | 6 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 02/04/2025 | 731 | Fair Isaac (VER. 2) | 765 | FICO Classic V5 Facta | 742 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 2 | 2025 | 2820 | 6 | 6 | C1 |  | $0.00 |  |  |  |  |  |  |  | 70.000% | XX |  |  | 617.647% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025041912 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $6000.00 | 1025/72 | $6000.00 | Third Party Rental Source | $4569.94 |  | 0.000000 | 0.76 |  |  | 1.31 | 1.31 | $4569.94 |  |  | No |  |  |  | Long Term |  | $2200.00 | No |  |  |  | Long Term |  | $1800.00 | No |  |  |  | Long Term |  | $2000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $54.35 | $157.92 | Level 4-Stated/Verified as defined | No | 1 | 7 | No |  |  | Experienced Investor | 0.61 |  |  | 742 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 85.00% | Full Recourse | 6 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 02/04/2025 | 731 | Fair Isaac (VER. 2) | 765 | FICO Classic V5 Facta | 742 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 3 | 2025 | 3308 | 7 | 4 | Average |  | $0.00 |  |  |  |  |  |  |  | 64.973% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025030159 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3600.00 | 1004/70 | $3600.00 | Third Party Rental Source | $3590.86 |  | 0.000000 | 1 |  |  | 1.00 | 1 | $3590.86 |  |  | No |  |  |  | Long Term |  | $3600.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $411.84 | $495.75 | Level 4-Stated/Verified as defined | No | 1 | 2 | No | No |  | Experienced Investor |  | Permanent Resident Alien |  | 705 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 2 | Permanent Resident Alien |  |  | Level 4-Stated/Verified as defined | 02/27/2025 | 705 | Fair Isaac (VER. 2) | 714 | FICO Classic V5 Facta | 660 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1962 | 1736 | 3 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 70.000% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025030287 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $1650.00 | 1004/70 | $1650.00 | Third Party Rental Source | $1318.18 |  | 0.000000 | 0.8 |  |  | 1.25 | 1.25 | $1318.18 |  |  | No |  |  |  | Long Term |  | $1650.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $24000.00 | No |  | $186.67 | $95.50 | Level 4-Stated/Verified as defined | No | 1 | 3 | No |  |  | Experienced Investor | 44.69 |  |  | 809 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 50.00% | Full Recourse | 2 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/04/2025 | 809 | Fair Isaac (VER. 2) | 804 | FICO Classic V5 Facta | 809 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1943 | 676 | 2 | 1 | C4 |  | $0.00 |  |  |  |  |  |  |  | 57.252% | XX |  |  | 833.333% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025030813 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3300.00 | 1004/70 | $3300.00 | Third Party Rental Source | $2702.31 |  | 0.000000 | 0.82 |  |  | 1.22 | 1.22 | $2702.31 |  |  | No |  |  |  | Long Term |  | $3300.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $60000.00 | No |  | $341.78 | $103.75 | Level 4-Stated/Verified as defined | No | 1 | 8 | No |  |  | Experienced Investor | 0.25 |  |  | 746 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 8 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 02/18/2025 | 757 | Fair Isaac (VER. 2) | 730 | FICO Classic V5 Facta | 746 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1870 | 1558 | 5 | 2 | C4 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 138.333% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025032680 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $3300.00 | 1004/70 | $3300.00 | Third Party Rental Source | $2943.19 |  | 0.000000 | 0.89 |  |  | 1.12 | 1.12 | $2943.19 |  |  | No |  |  |  | Long Term |  | $3300.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $39300.00 | No |  | $520.83 | $72.34 | Level 1-Not Stated/Not Verified | No | 1 | 3 | No |  |  | Experienced Investor | 1.69 |  |  | 726 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 2 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 01/20/2025 | 700 | Fair Isaac (VER. 2) | 741 | FICO Classic V5 Facta | 726 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1959 | 1352 | 3 | 2 | C4 |  | $0.00 |  |  |  |  |  |  |  | 60.907% | XX |  |  | 70.652% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025031946 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $7500.00 | 1073/465 | $7500.00 | Third Party Rental Source | $6868.46 |  | 0.000000 | 0.92 |  |  | 1.09 | 1.09 | $6868.46 |  |  | No |  |  |  | Long Term |  | $7500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | $300.00 | $1037.06 | $33.67 | Level 4-Stated/Verified as defined | No | 1 | 1 | No |  |  | Experienced Investor | 19.58 |  |  | 762 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/19/2025 | 755 | Fair Isaac (VER. 2) | 785 | FICO Classic V5 Facta | 762 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2003 | 1822 | 4 | 2.2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 62.174% | XX |  |  | 266.086% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025042472 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2700.00 | 1004/70 | $2700.00 | Third Party Rental Source | $2416.16 |  | 0.000000 | 0.89 |  |  | 1.12 | 1.12 | $2416.16 |  |  | No |  |  |  | Long Term |  | $2700.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | $36.00 | $173.35 | $78.42 | Level 4-Stated/Verified as defined | No | 1 | 1 | No | No |  | Experienced Investor |  | US Citizen |  | 752 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 04/23/2025 | 752 | Fair Isaac (VER. 2) | 729 | Beacon 5 | 752 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1990 | 2283 | 4 | 3 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 75.545% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12024121033 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $9126.00 | 1025/72 | $9126.00 | Third Party Rental Source | $7431.29 |  | 0.000000 | 0.81 |  |  | 1.23 | 1.23 | $7431.29 |  |  | No |  |  |  | Long Term |  | $3777.00 | No |  |  |  | Long Term |  | $2464.00 | No |  |  |  | Long Term |  | $2885.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $184000.00 | No |  | $832.72 | $160.67 | Level 4-Stated/Verified as defined | No | 1 | 2 | No | No | No | Experienced Investor |  | US Citizen | US Citizen | 775 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 04/08/2025 | 751 | Fair Isaac (VER. 2) | 725 | FICO Classic V5 Facta | 758 | FICO Risk Score Classic 04 | Individual | Individual |  | XX | XX | 3 | US Citizen |  |  | Level 4-Stated/Verified as defined | 04/08/2025 | 766 | Fair Isaac (VER. 2) | 787 | FICO Classic V5 Facta | 775 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 3 | 2005 | 2880 | 5 | 4 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 74.412% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12025041494 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $4100.00 | $4800.00 | 1025/72 | $4800.00 | Third Party Rental Source | $2949.11 |  | 0.000000 | 0.61 |  |  | 1.63 | 1.63 | $2949.11 |  |  | Yes | 10/01/2024 | 10/01/2025 | 12 | Long Term | $2000.00 | $2000.00 | Yes | 05/01/2025 | 06/01/2025 | 1 | Long Term | $1250.00 | $1600.00 | Yes | 05/01/2025 | 06/01/2025 | 1 | Long Term | $850.00 | $1200.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $455.18 | $266.50 | Level 4-Stated/Verified as defined | No | 1 | 3 | No | No |  | Experienced Investor | 7.37 | US Citizen |  | 756 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 4 | US Citizen |  |  | Level 4-Stated/Verified as defined | 04/17/2025 | 744 | Fair Isaac (VER. 2) | 787 | Beacon 5 | 756 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 3 | 1925 | 2990 | 6 | 3 | Average |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025041118 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2000.00 | 1004/70 | $2000.00 | Third Party Rental Source | $1480.30 |  | 0.000000 | 0.74 |  |  | 1.35 | 1.35 | $1480.30 |  |  | No |  |  |  | Long Term |  | $2000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $256.03 | $261.67 | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  |  | Experienced Investor |  |  |  | 792 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 02/24/2025 | 798 | Fair Isaac (VER. 2) | 787 | FICO Classic V5 Facta | 792 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1958 | 1349 | 3 | 2 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 75.556% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12025041868 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $1900.00 | 1073/465 | $1900.00 | Third Party Rental Source | $1997.18 |  | 0.000000 | 1.05 |  |  | 0.95 | 0.95 | $1997.18 |  |  | No |  |  |  | Long Term |  | $1900.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $11600.00 | Yes | $310.00 | $197.16 | $70.20 | Level 3-Stated/Partially Verified | No | 1 | 1 | No |  |  | Experienced Investor |  |  |  | 725 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 2 | US Citizen |  |  | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/23/2025 | 669 | Fair Isaac (VER. 2) | 726 | FICO Classic V5 Facta | 725 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1971 | 1230 | 2 | 1.1 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 62.647% | XX |  |  | 60.857% |  |  | 60.857% |  |  |  |  |  |  |  |  |
| 12025042189 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $6000.00 | 1025/72 | $6000.00 | Third Party Rental Source | $5057.43 |  | 0.000000 | 0.84 |  |  | 1.19 | 1.19 | $5057.43 |  |  | No |  |  |  | Long Term |  | $2000.00 | No |  |  |  | Long Term |  | $2200.00 | No |  |  |  | Long Term |  | $1800.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $343.02 | $347.67 | Level 3-Stated/Partially Verified | No | 1 | 6 | No |  |  | Experienced Investor | 5.43 |  |  | 815 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 30.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic |  |  |  |  |  |  |  |  | XX | XX | 30.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/24/2025 | 678 | Fair Isaac (VER. 2) | 667 | FICO Classic V5 Facta | 660 | FICO Risk Score Classic 04 | 3 | XX | XX | 40.000% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/18/2025 | 825 | Fair Isaac (VER. 2) | 808 | FICO Classic V5 Facta | 815 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 3 | 1877 | 3643 | 7 | 3 | Excellent |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 207.589% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025021896 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $3500.00 | $2800.00 | 1004/70 | $3500.00 | Rent on Existing Lease | $3101.22 |  | 0.000000 | 0.89 |  |  | 1.13 | 1.13 | $3101.22 |  |  | Yes | 05/01/2025 | 05/31/2026 | 13 | Long Term | $3500.00 | $2800.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | $277.00 | $713.62 | $223.33 | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  |  | Experienced Investor | 1.55 |  |  | 707 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 50.00% | Full Recourse | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 05/09/2025 | 724 | Fair Isaac | 690 | Beacon 5 | 707 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2004 | 1448 | 3 | 2.1 | C3 |  | $0.00 |  |  |  |  |  |  |  | 69.177% | XX |  |  | 18588.435% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025032034 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2400.00 | 1004/70 | $2400.00 | Third Party Rental Source | $1833.96 |  | 0.000000 | 0.76 |  |  | 1.31 | 1.31 | $1833.96 |  |  | No |  |  |  | Long Term |  | $2400.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $103490.00 | No |  | $259.29 | $189.50 | Level 1-Not Stated/Not Verified | No | 1 | 1 | No |  |  | Experienced Investor |  |  |  | 761 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 50.00% | Full Recourse | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 05/05/2025 | 761 | Fair Isaac (VER. 2) | 781 | Beacon 5 | 759 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1964 | 1276 | 5 | 3 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 73.429% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12025031830 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $2400.00 | $1950.00 | 1004/70 | $2400.00 | Rent on Existing Lease | $2384.30 |  | 0.000000 | 0.99 |  |  | 1.01 | 1.01 | $2384.30 |  |  | Yes | 01/20/2025 | 01/20/2026 | 12 | Long Term | $2400.00 | $1950.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | $42.00 | $216.20 | $97.68 | Level 1-Not Stated/Not Verified | No | 1 | 5 | No |  |  | Experienced Investor | 0.96 |  |  | 716 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 50.00% | Full Recourse | 4 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/20/2025 | 716 | Fair Isaac (VER. 2) | 711 | FICO Classic V5 Facta | 716 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1994 | 1709 | 4 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 98.182% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025042378 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $8000.00 | 1004/70 | $8000.00 | Third Party Rental Source | $5070.64 |  | 0.000000 | 0.63 |  |  | 1.58 | 1.58 | $5070.64 |  |  | No |  |  |  | Long Term |  | $8000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $1661.25 | $169.05 | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  |  | Experienced Investor | 26.85 |  |  | 745 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 90.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/24/2025 | 768 | Fair Isaac (VER. 2) | 745 | FICO Classic V5 Facta | 737 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1928 | 2789 | 4 | 4 | C3 |  | $0.00 |  |  |  |  |  |  |  | 31.667% | XX |  |  | 169.643% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025041276 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $2500.00 | $1600.00 | 1004/70 | $2500.00 | Rent on Existing Lease | $2043.11 |  | 0.000000 | 0.82 |  |  | 1.22 | 1.22 | $2043.11 |  |  | Yes | 06/01/2025 | 06/01/2026 | 12 | Long Term | $2500.00 | $1600.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | $212.00 | $122.92 | $100.30 | Level 1-Not Stated/Not Verified | No | 1 | 2 | No | No | No | Experienced Investor |  | US Citizen | US Citizen | 786 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 2 | US Citizen |  |  | Level 1-Not Stated/Not Verified | 04/15/2025 | 793 | Fair Isaac (VER. 2) | 779 | FICO Classic V5 Facta | 786 | FICO Risk Score Classic 04 | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 04/15/2025 | 687 | Fair Isaac (VER. 2) | 753 | FICO Classic V5 Facta | 772 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1987 | 1438 | 3 | 2.1 | C4 | XX | $0.00 |  |  |  |  |  |  |  | 80.000% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12025042254 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2400.00 | 1004/70 | $2400.00 | Third Party Rental Source | $1825.75 |  | 0.000000 | 0.76 |  |  | 1.31 | 1.31 | $1825.75 |  |  | No |  |  |  | Long Term |  | $2400.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $18000.00 | No |  | $247.12 | $174.83 | Level 1-Not Stated/Not Verified | No | 1 | 3 | No |  |  | Experienced Investor | 1.16 |  |  | 710 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 4 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/05/2025 | 694 | Fair Isaac (VER. 2) | 716 | FICO Classic V5 Facta | 710 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1934 | 1953 | 4 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XX |  |  | 213.947% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025041294 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $1675.00 | 1004/70 | $1675.00 | Third Party Rental Source | $1514.12 |  | 0.000000 | 0.9 |  |  | 1.11 | 1.11 | $1514.12 |  |  | No |  |  |  | Long Term |  | $1675.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $27480.00 | No |  | $189.74 | $86.42 | Level 4-Stated/Verified as defined | No | 1 | 9 | No |  |  | Experienced Investor | 1.78 |  |  | 754 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 50.00% | Full Recourse | 4 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/02/2025 | 754 | Fair Isaac (VER. 2) | 756 | FICO Classic V5 Facta | 735 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1979 | 1755 | 3 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 70.134% | XX |  |  | 134.124% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025041458 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2500.00 | 1004/70 | $2500.00 | Third Party Rental Source | $2430.99 |  | 0.000000 | 0.97 |  |  | 1.03 | 1.03 | $2430.99 |  |  | No |  |  |  | Long Term |  | $2500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | $41.25 | $710.66 | $244.67 | Level 3-Stated/Partially Verified | No | 1 | 1 | No | No |  | First-Time Investor |  | Permanent Resident Alien |  | 722 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | Permanent Resident Alien |  |  | Level 3-Stated/Partially Verified | 04/16/2025 | 722 | FICO II | 726 | Beacon 5 | 690 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 2006 | 2943 | 3 | 2.1 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 71.875% | XX |  |  | 75.000% |  |  | 75.000% |  |  |  |  |  |  |  |  |
| 12025040535 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $6700.00 | 1073/465 | $11230.43 | Multiple Sources | $9765.59 |  | 0.000000 | 0.87 |  |  | 1.15 | 1.15 | $9765.59 |  |  | No |  |  |  | Long Term |  | $6700.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $50000.00 | Yes | $1581.00 | $2095.91 | $151.18 | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  | No | Experienced Investor | 2.11 |  | US Citizen | 788 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Trust | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  | Individual | Trustee |  | XX | XX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 02/05/2025 | 788 | Fair Isaac (VER. 2) | 797 | FICO Classic V5 Facta | 768 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2008 | 1267 | 2 | 2 | C2 |  | $0.00 | $4530.43 |  |  |  |  |  |  | 46.296% | XX |  |  | 52.356% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025032503 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $7012.00 | 1025/72 | $7012.00 | Third Party Rental Source | $6970.72 |  | 0.000000 | 0.99 |  |  | 1.01 | 1.01 | $6970.72 |  |  | No |  |  |  | Long Term |  | $1530.00 | No |  |  |  | Long Term |  | $1976.00 | No |  |  |  | Long Term |  | $1530.00 | No |  |  |  | Long Term |  | $1976.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $111100.00 | No |  | $994.79 | $236.25 | Level 3-Stated/Partially Verified | No | 1 | 3 | No | No |  | Experienced Investor |  | US Citizen |  | 724 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 2 | US Citizen |  |  | Level 3-Stated/Partially Verified | 03/21/2025 | 727 | Fair Isaac (VER. 2) | 724 | FICO Classic V5 Facta | 706 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 4 | 1970 | 3116 | 6 | 4 | Average | XX | $0.00 |  |  |  |  |  |  |  | 77.959% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12025042674 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2900.00 | 1004/70 | $2900.00 | Third Party Rental Source | $3747.80 |  | 0.000000 | 1.29 |  |  | 0.77 | 0.77 | $3747.80 |  |  | No |  |  |  | Long Term |  | $2900.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $28800.00 | No |  | $572.92 | $83.42 | Level 4-Stated/Verified as defined | No | 1 | 4 | No |  |  | Experienced Investor |  |  |  | 747 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 50.00% | Full Recourse | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/23/2025 | 663 | Fair Isaac (VER. 2) | 693 | FICO Classic V5 Facta | 701 | FICO Risk Score Classic 04 | 3 | XX | XX | 50.00% | Full Recourse | 2 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/23/2025 | 724 | Fair Isaac (VER. 2) | 747 | FICO Classic V5 Facta | 777 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1953 | 1121 | 3 | 1 | C3 | XX | $0.00 |  |  |  |  |  |  |  | 74.818% | XX |  |  | 74.818% |  |  | 74.818% |  |  |  |  |  |  |  |  |
| 12025041980 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $2000.00 | $1825.00 | 1004/70 | $2000.00 | Rent on Existing Lease | $1463.92 |  | 0.000000 | 0.73 |  |  | 1.37 | 1.37 | $1463.92 |  |  | Yes | 03/20/2025 | 04/20/2025 | 1 | Long Term | $2000.00 | $1825.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $20810.00 | No |  | $164.62 | $256.25 | Level 4-Stated/Verified as defined | No | 1 | 2 | No | No |  | Experienced Investor | 1.50 | US Citizen |  | 732 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 04/22/2025 | 732 | Fair Isaac (VER. 2) | 738 | FICO Classic V5 Facta | 720 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1957 | 1154 | 3 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 55.000% | XX |  |  | 90.473% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025040344 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2000.00 | 1004/70 | $2000.00 | Third Party Rental Source | $1961.61 |  | 0.000000 | 0.98 |  |  | 1.02 | 1.02 | $1961.61 |  |  | No |  |  |  | Long Term |  | $2000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $29509.00 | No |  | $306.75 | $85.92 | Level 3-Stated/Partially Verified | No | 1 | 3 | No |  |  | Experienced Investor | 1.46 |  |  | 777 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/03/2025 | 796 | Fair Isaac (VER. 2) | 746 | FICO Classic V5 Facta | 777 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2025 | 1717 | 3 | 2 | C1 |  | $0.00 |  |  |  |  |  |  |  | 72.757% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025032502 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Short Term Vacation Rental (e.g., AirBNB, VRBO, or HomeAway) |  | $11507.00 | 1004/70 | $9205.60 | Multiple Sources | $4791.78 |  | 0.000000 | 0.52 |  |  | 1.92 | 1.92 | $4791.78 |  |  | No |  |  |  | Short Term Vacation Rental (e.g., AirBNB, VRBO, or HomeAway) |  | $11507.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | $537.65 | $422.37 | Level 1-Not Stated/Not Verified | No | 1 | 6 | No |  |  | Experienced Investor | 1.01 |  |  | 760 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 6 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/28/2025 | 793 | FICO II | 760 | Beacon 5 | 733 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1986 | 2008 | 4 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 79.889% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025021117 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $2300.00 | $3800.00 | 1025/72 | $3800.00 | Third Party Rental Source | $3103.18 |  | 0.000000 | 0.82 |  |  | 1.22 | 1.22 | $3103.18 |  |  | Yes | 03/21/2025 | 04/30/2026 | 13 | Long Term | $2300.00 | $1900.00 | No |  |  |  | Long Term |  | $1900.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $27087.00 | No |  | $457.38 | $58.92 | Level 4-Stated/Verified as defined | No | 1 | 7 | No |  |  | Experienced Investor | 2.62 |  |  | 748 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 4 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 02/06/2025 | 767 | Fair Isaac (VER. 2) | 748 | FICO Classic V5 Facta | 732 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 2 | 1972 | 1937 | 6 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 54.958% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025040864 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $2050.00 | 1004/70 | $2050.00 | Third Party Rental Source | $1789.32 |  | 0.000000 | 0.87 |  |  | 1.15 | 1.15 | $1789.32 |  |  | No |  |  |  | Long Term |  | $2050.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | $75.34 | $76.76 | Level 4-Stated/Verified as defined | No | 1 | 3 | No |  |  | Experienced Investor | 0.15 |  |  | 728 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 4 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/02/2025 | 722 | Fair Isaac (VER. 2) | 728 | FICO Classic V5 Facta | 752 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 1956 | 1535 | 3 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 60.000% | XX |  |  | 84.211% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025040338 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $1800.00 | $2000.00 | 1004/70 | $2000.00 | Third Party Rental Source | $1996.53 |  | 0.000000 | 1 |  |  | 1.00 | 1 | $1996.53 |  |  | Yes | 04/01/2025 | 04/01/2026 | 12 | Long Term | $1800.00 | $2000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $31054.00 | No |  | $306.75 | $124.42 | Level 3-Stated/Partially Verified | No | 1 | 3 | No |  |  | Experienced Investor | 1.46 |  |  | 777 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 04/03/2025 | 796 | Fair Isaac (VER. 2) | 746 | FICO Classic V5 Facta | 777 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2025 | 1798 | 3 | 2 | C2 |  | $0.00 |  |  |  |  |  |  |  | 71.875% | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 12025031955 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $3500.00 | $3300.00 | 1004/70 | $3300.00 | Third Party Rental Source | $3269.12 |  | 0.000000 | 0.99 |  |  | 1.01 | 1.01 | $3269.12 |  |  | Yes | 06/01/2025 | 05/30/2026 | 11 | Long Term | $3500.00 | $3300.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $50000.00 | No |  | $785.30 | $108.01 | Level 4-Stated/Verified as defined | No | 1 | 1 | No | No |  | Experienced Investor |  | US Citizen |  | 703 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Individual | Individual |  | XX | XX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 03/24/2025 | 703 | FICO II | 671 | Beacon 5 | 704 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | XX | 1 | 1948 | 864 | 2 | 1 | C4 | XX | $0.00 |  |  |  |  |  |  |  | 79.240% | XX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 12025010275 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | Yes | Long Term | $2000.00 | $3700.00 | 1025/72 | $3700.00 | Third Party Rental Source | $1848.78 |  | 0.000000 | 0.5 |  |  | 2.00 | 2 | $1848.78 |  |  | No |  |  |  | Long Term |  | $925.00 | Yes | 02/01/2025 | 02/01/2026 | 12 | Long Term | $1000.00 | $925.00 | No |  |  |  | Long Term |  | $925.00 | Yes | 02/01/2025 | 02/01/2026 | 12 | Long Term | $1000.00 | $925.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $25000.00 | No |  | $105.98 | $311.67 | Level 3-Stated/Partially Verified | No | 1 | 1 | No |  |  | Experienced Investor | 1.40 |  |  | 722 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | Corp | Business Entity |  |  | XXX | 1 |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 05/09/2025 | 710 | FICO II | 722 | Beacon 5 | 723 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 4 | 1920 | 3584 | 8 | 4 | C3 |  | $0.00 |  |  |  |  |  |  |  | 80.000% | XX |  |  | 368.000% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025031789 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $1900.00 | 1004/70 | $1900.00 | Third Party Rental Source | $1741.41 |  | 0.000000 | 0.92 |  |  | 1.09 | 1.09 | $1741.41 |  |  | No |  |  |  | Long Term |  | $1900.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | $35000.00 | No |  | $320.67 | $107.33 | Level 4-Stated/Verified as defined | No | 1 | 7 | No |  |  | Experienced Investor | 0.17 |  |  | 779 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 100.00% | Full Recourse | 3 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/11/2025 | 774 | Fair Isaac (VER. 2) | 788 | FICO Classic V5 Facta | 779 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2005 | 1241 | 3 | 2 | C4 |  | $0.00 |  |  |  |  |  |  |  | 74.723% | XX |  |  | 119.118% | XX |  |  |  |  |  |  |  |  |  |  |
| 12025032238 | XX | XX | XX |  |  | XX | XX | XX | 1/XX/2000 | Yes | No | Long Term |  | $5100.00 | 1073/465 | $5100.00 | Third Party Rental Source | $5097.28 |  | 0.000000 | 1 |  |  | 1.00 | 1 | $5097.28 |  |  | No |  |  |  | Long Term |  | $5100.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | $158.00 | $553.37 | $0.00 | Level 4-Stated/Verified as defined | No | 1 | 1 | No |  |  | Experienced Investor | 2.20 |  |  | 726 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XX | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XX | XX | 60.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 03/20/2025 | 733 | Fair Isaac (VER. 2) | 724 | FICO Classic V5 Facta | 726 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX |  | XX | 1 | 2022 | 3782 | 7 | 3.1 | C2 |  | $0.00 |  |  |  |  |  |  |  | 68.526% | XX |  |  |  | $0.00 |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.1

**Exhibit 99.1 Schedule 5**

![](ex99-1sch5_001.jpg)

**Data Compare (Non-Ignored)**

**Run Date - 6/27/2025 8:34:10 AM**

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Servicer Loan ID** | **Investor Loan Number** | **Field Label** | **Bid Tape Field Value** | **Field Value** | **Compare Status** | **Comment** |
| 12025030373 | XX | XX | XX |  |  | Original LTV | 83.88 | 85 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| 12025022006 | XX | XX | XX |  |  | Street | XX | XX | Verified | Field Value reflects Street per Note |
| 12025021369 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025021369 | XX | XX | XX |  |  | Appraised Value | XX | XX | Verified | Field Value captured from Valuation model in file |
| 12025021632 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025021632 | XX | XX | XX |  |  | Original LTV | 78.83 | 80 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| 32025030961 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| 12025031224 | XX | XX | XX |  |  | Original LTV | 72.81 | 74.6754 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| 12025021332 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| 12025030797 | XX | XX | XX |  |  | Borrower First Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025030797 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025030797 | XX | XX | XX |  |  | Appraised Value | XX | XX | Verified | Field Value captured from Valuation model in file |
| 12025031622 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| 12025041555 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025041555 | XX | XX | XX |  |  | Original LTV | 78.97 | 80 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| 12025030883 | XX | XX | XX |  |  | Representative FICO | 722 | 723 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| 12025032059 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025042038 | XX | XX | XX |  |  | Original LTV | 74.55 | 80 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| 12025041179 | XX | XX | XX |  |  | Original LTV | 69.67 | 75 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| 12025040882 | XX | XX | XX |  |  | Borrower First Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025040882 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025021902 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| 12025030170 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025021157 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025021157 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025021157 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Field Value reflects sales price as it appears on the HUD-1 or CD |
| 12025021157 | XX | XX | XX |  |  | Subject Debt Service Coverage Ratio | 1.33 | 1.34 | Verified | Due to rounding. |
| 12025021740 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025021973 | XX | XX | XX |  |  | Zip | XX | XX | Verified | Field Value reflects Zip per Note |
| 12025010977 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| 12025010977 | XX | XX | XX |  |  | Subject Debt Service Coverage Ratio | 1.28 | 1.35 | Verified | It appears rental income of $2,707.50 was used to qualify the loan at origination; however, the market rents are $2,850, which should be used to qualify the loan as no reduction in rent is needed for long term rentals. |
| 12025031187 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025031187 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| 12025030844 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025030844 | XX | XX | XX |  |  | LTV Valuation Value | XX | XX | Verified | Field value reflects source document |
| 12025030344 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025020823 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025020823 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025020823 | XX | XX | XX |  |  | Subject Debt Service Coverage Ratio | 1.02 | 1.03 | Verified | Due to rounding. |
| 12025021871 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025031613 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025031613 | XX | XX | XX |  |  | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| 12025021762 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025021762 | XX | XX | XX |  |  | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| 12025021845 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025021845 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025020630 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025022088 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12024110301 | XX | XX | XX |  |  | Subject Debt Service Coverage Ratio | 1.00 | 1.07 | Verified | 1007 is missing |
| 12025040025 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025040025 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025030699 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025030699 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025030699 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| 12025030699 | XX | XX | XX |  |  | Subject Debt Service Coverage Ratio | 1.13 | 1.14 | Verified | Rounded off. |
| 12025031129 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025031355 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025032463 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025032461 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025032461 | XX | XX | XX |  |  | Subject Debt Service Coverage Ratio | 1.26 | 2.16 | Verified | Lease rent $6,500, Market rent=$2,950<br> PITIA: P & I $2,472.42, Taxes $425.69,<br> Hazard $104.83= $1,614.8<br> Used lessor of $2,950/3,002.94=0.98. |
| 12025032128 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025031526 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025031011 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025031011 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Sales Price found on the fraud report. |
| 12025032269 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025032269 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025032269 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Found on the property report. |
| 12025032269 | XX | XX | XX |  |  | Subject Debt Service Coverage Ratio | 1.11 | 1.12 | Verified | Due to rounding. |
| 12025020662 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025020662 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025020662 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| 12025021057 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025021057 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025021057 | XX | XX | XX |  |  | Subject Debt Service Coverage Ratio | 1.02 | 1.05 | Verified | DSCR Used market rent $2,600 / PITIA of $2,498.97(Taxes $298.48 + HOI $34.33 + HOA $455) =1.05 |
| 12025021633 | XX | XX | XX |  |  | Subject Debt Service Coverage Ratio | 1.13 | 1.11 | Verified | Monthly insurance is higher than what was used by lender. |
| 12025031225 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025031358 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025030484 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025021616 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025030919 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025032125 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025032179 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 32025031417 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 32025031417 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025030554 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025030554 | XX | XX | XX |  |  | Subject Debt Service Coverage Ratio | 1.25 | 1.27 | Verified | Lender calculation was completed with lower income of $12800.00. Total income calculation equals $12950.00. |
| 12025011674 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025040076 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025021994 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025032651 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025032651 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Sales price found on the appraisal. |
| 12025041649 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025031351 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025032389 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025032389 | XX | XX | XX |  |  | LTV Valuation Value | XX | XX | Verified | Field value reflects source document |
| 12025040278 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025041720 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025041720 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025041720 | XX | XX | XX |  |  | Representative FICO | 781 | 772 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| 12025041720 | XX | XX | XX |  |  | Subject Debt Service Coverage Ratio | 1.23 | 1.24 | Verified | Rounding. |
| 12025011802 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025021354 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025021354 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Sales Price found on the fraud report. |
| 12025031798 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025031803 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025031793 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025031801 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025032360 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025041092 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025041671 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025041391 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Security Instrument |
| 12025041391 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025041391 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Purchase Price found on the fraud report. |
| 12025041391 | XX | XX | XX |  |  | Subject Debt Service Coverage Ratio | 1.06 | 1.02 | Verified | Lender used taxes of $123.33 to qualify the loan; however, the title and tax certificate reflects taxes of $2,227.08 or $185.59 per month. |
| 12025041763 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025041763 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025040998 | XX | XX | XX |  |  | City | XX | XX | Verified | Field Value reflects City per Note |
| 12025040998 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025050084 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025050084 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025050084 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Sales Price found on the fraud report. |
| 12025031809 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025031809 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025031809 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Sales Price found on the property report. |
| 12025021541 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025021541 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025021541 | XX | XX | XX |  |  | Representative FICO | 796 | 763 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| 12025031208 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025031208 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Found on the property report. |
| 12025031445 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025031768 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025031768 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025031768 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Sales Price found on the property report. |
| 12025031783 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025031783 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025031783 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Sales Price found on the property report. |
| 12025031783 | XX | XX | XX |  |  | Subject Debt Service Coverage Ratio | 1.03 | 1.04 | Verified | Due to round off |
| 12025031805 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025031805 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| 12025030483 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025030483 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025030483 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Sales price found on the property report. |
| 12025030483 | XX | XX | XX |  |  | Subject Debt Service Coverage Ratio | 1.03 | 1.04 | Verified | Due to rounding. |
| 12025040325 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025041444 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025010681 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025040148 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025040148 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025040148 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Refinance Cash Out |
| 12025041608 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025041617 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025042624 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025042624 | XX | XX | XX |  |  | Subject Debt Service Coverage Ratio | 1.57 | 1.58 | Verified | Due to rounding. |
| 12025040369 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Security Instrument |
| 12025010941 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025040751 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025041010 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025041010 | XX | XX | XX |  |  | Subject Debt Service Coverage Ratio | 1.57 | 1.58 | Verified | Due to rounding |
| 12025041945 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025041945 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025042111 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025042111 | XX | XX | XX |  |  | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| 12025040992 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025040992 | XX | XX | XX |  |  | Subject Debt Service Coverage Ratio | 1.37 | 1.30 | Verified | Lender used the market rents; however, the appraisal report reflects a lower rental income for unit 1 than the market rent. |
| 12025041336 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025041336 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Previous purchase price from property report. |
| 12025030810 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025041191 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025041008 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025041008 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Sales Price is found on the property report. |
| 32025040269 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025040270 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025041171 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025041171 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025041254 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025041145 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025012001 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025030958 | XX | XX | XX |  |  | Subject Debt Service Coverage Ratio | 1.15 | 1.07 | Verified | Qualifying Rent $3,700/ P&I of 2,829.62, HOI of $117.25, and taxes of $516.14. Lender used $4000.00 for the rent amount. |
| 12025042731 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025032622 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025032622 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025032622 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Updated from appraisal document |
| 12025032622 | XX | XX | XX |  |  | Subject Debt Service Coverage Ratio | 1.14 | 1.15 | Verified | DSCR used market rent $3,200/PITIA of $3,667.62=0.87 |
| 12025020044 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025040457 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025041009 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025041009 | XX | XX | XX |  |  | Subject Debt Service Coverage Ratio | 1.02 | 1.06 | Verified | DSCR Used market rent $2,100/PITIA of $1,990.27 = 1.06. Lender used $2200.00 for rent income. 1007 relfects $2100.00. |
| 12025021710 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025040467 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025040467 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025040467 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Sales price found on the property report. |
| 12025040938 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025040938 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025040938 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Sales price is found on the property report. |
| 12025040938 | XX | XX | XX |  |  | Subject Debt Service Coverage Ratio | 1.09 | 1.06 | Verified | Field Value is inline with the Approval Value of 1.06. |
| 12025021612 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025031932 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025031932 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025031932 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Sales price found on the property report. |
| 12025040468 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025040468 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025040468 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Sales price found on the property report. |
| 12025040238 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025040238 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025032610 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025031846 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025032644 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025042043 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025041880 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025041912 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025030287 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025030813 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025032680 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025031946 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12024121033 | XX | XX | XX |  |  | Representative FICO | 776 | 775 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| 12025041118 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025041868 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025042189 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025021896 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025021896 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025032034 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025032034 | XX | XX | XX |  |  | Representative FICO | 783 | 761 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| 12025032034 | XX | XX | XX |  |  | Subject Debt Service Coverage Ratio | 1.30 | 1.31 | Verified | The variance is due to rounding. Used rent $2,400.00 / PITIA 1,833.96 = 1.308. PITIA: P&I $1,385.17, Taxes $259.29, Hazard $189.50 = $1,833.96 |
| 12025031830 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025042378 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025042378 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025042378 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| 12025042378 | XX | XX | XX |  |  | Subject Debt Service Coverage Ratio | 1.57 | 1.58 | Verified | Due to rounding. |
| 12025041276 | XX | XX | XX |  |  | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| 12025042254 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025041294 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025040535 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025032502 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025032502 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025032502 | XX | XX | XX |  |  | Subject Debt Service Coverage Ratio | 1.94 | 1.92 | Verified | Qualifying Rent $9,205.60 P&I of 3,831.76, HOI of $422.37 and taxes of X |
| 12025021117 | XX | XX | XX |  |  | Borrower Last Name | XX | XX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 12025021117 | XX | XX | XX |  |  | Note Date | XX | XX | Verified | Field Value reflects Note Date per the Note |
| 12025021117 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | It is refinance loan |
| 12025040864 | XX | XX | XX |  |  | Contract Sales Price | XX | XX | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |

---

## Exhibit 99.2

**Exhibit 99.2**

 ****

 ****

 

**EXECUTIVE SUMMARY**

**NRMLT 2025-NQM4**

**JUNE 30, 2025**

**INFINITY INTERNATIONAL PROCESSING SERVICES, INC.**

0 \| P a g e

![](ex99-2_001.jpg)

**TABLE OF CONTENTS**

---

| | |
|:---|:---|
| Infinity Biography | 2.0 |
| Description of the due diligence performed | 3.0 |
| Summary of findings and conclusions of review | 16.0 |
| Tape Integrity Review Results Summary | 17.0 |
| Additional Loan Population Summary | 17.0 |

---

 ****

 ****

1 \| P a g e

![](ex99-2_001.jpg)

**INFINITY BIOGRAPHY**

Infinity IPS, Inc. is a privately held firm offering trusted financial products and services to capital markets participants. Founded in 2003, by a group of experienced mortgage due diligence executives, Infinity was started with a simple mission: To provide an independent, innovative, reliable and transparent work product, backed by an unsurpassed level of customer service. As a third-party reviewer, our independence, integrity, depth of expertise, and approach to due diligence and credit risk management provides clients the highest degree of hands-on oversight and participation when buying or selling pools, securitizing loans, or managing loans and securitizations over time.

Our rigorous, high touch approach to due diligence reviews provides all data necessary in the provision of an asset due diligence, risk retention, loss mitigation and forensic analysis services for all classes or mortgage products, consumer lending products, and more. Our mission is to provide an independent, innovative, reliable and transparent work product, backed by an unsurpassed level of customer service.

As a rating agency reviewed third-party due diligence provider, Infinity prides itself on meeting the standards of S&P, Fitch, Kroll, Moody's and DBRS Morningstar. Infinity is a privately-owned business and is headquartered in Rockville, MD with an underwriting facility in Tampa, FL.

2 \| P a g e

![](ex99-2_001.jpg)

**DESESCRIPTION OF THE DUE DILIGENCE PERFORMED**

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

Infinity IPS, Inc. ("Infinity") performed due diligence services as described below (the "Review"). All of these mortgage loans, which were originated by multiple parties, were purchased by Rithm Capital Corp. ("Client") and were reviewed by Infinity on behalf of the Client. The mortgage loans were reviewed via files imaged and provided by the Client.

The Review population is comprised of four hundred and seventy (470) mortgage loans that were originally reviewed from March 2025 to June 2025.

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

The mortgage loan review was broken down into the following review scopes:

&nbsp;&nbsp;&nbsp;&nbsp;▪ "Compliance Review" 306<sup>1</sup>
 Mortgage Loans

&nbsp;&nbsp;&nbsp;&nbsp;▪ "Credit
Review" 470 Mortgage Loans

&nbsp;&nbsp;&nbsp;&nbsp;▪ "Property Review" 470 Mortgage Loans

&nbsp;&nbsp;&nbsp;&nbsp;▪ "Data Integrity" 470 Mortgage Loans

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

Infinity is not aware of the overall sample size for the securitization as the Review only covered the portion of the loans in the securitization reviewed by Infinity.

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

For four hundred and seventy (470) mortgage loans, Infinity compared data fields on the data tape provided by Client to the data found in the actual file as captured by Infinity. This comparison, when data was available, included the following data fields:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Last Name | &nbsp;&nbsp;Loan Amount | &nbsp;&nbsp;Negative Amortization Flag | &nbsp;&nbsp;Sale Price |
| &nbsp;&nbsp;First Name | &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;IO Term | &nbsp;&nbsp;LTV |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;Original Rate | &nbsp;&nbsp;PP Terms | &nbsp;&nbsp;CLTV |
| &nbsp;&nbsp;Purpose | &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;PP Months | &nbsp;&nbsp;Note Date |
| &nbsp;&nbsp;Address | &nbsp;&nbsp;Interest Only Flag | &nbsp;&nbsp;Next Rate Change Date | &nbsp;&nbsp;Current P&I |
| &nbsp;&nbsp;City | &nbsp;&nbsp;Margin | &nbsp;&nbsp;First Payment Change Date | &nbsp;&nbsp;Rate Index |
| &nbsp;&nbsp;State | &nbsp;&nbsp;1st Rate Change Date | &nbsp;&nbsp;Next Payment Change Date | &nbsp;&nbsp;Amortization Term |
| &nbsp;&nbsp;Zip | &nbsp;&nbsp;Prepay Months | &nbsp;&nbsp;Reset Frequency | &nbsp;&nbsp;Deferred Balance |
| &nbsp;&nbsp;Documentation Type | &nbsp;&nbsp;Next Due Date | &nbsp;&nbsp;Rounding Code | &nbsp;&nbsp;Balloon Fag |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;Property Units | &nbsp;&nbsp;Look back Period | &nbsp;&nbsp;Borrower SSN |
| &nbsp;&nbsp;Credit Score | &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;Initial Roll Cap | &nbsp;&nbsp;Co-Borrower SSN |
| &nbsp;&nbsp;DTI | &nbsp;&nbsp;Mod Flag | &nbsp;&nbsp;Periodic Rate Cap |  |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;Mod Date | &nbsp;&nbsp;Life Rate Cap |  |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;Current Rate | &nbsp;&nbsp;Life Rate Floor |  |

---

1 One hundred and sixty-four (164) exempt loans were not subject to a compliance review and did not receive a compliance grade.

3 \| P a g e

![](ex99-2_001.jpg)

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

Infinity conducted a credit review for four hundred and seventy (470) mortgage loans. At that time, Infinity reviewed the 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 Infinity 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.

There were 16 sets of guidelines provided for the review. Each loan was reviewed to the specific guideline provided on the loan approval. Please refer the Exhibit A.

**Credit Application:** For the Credit Application, Infinity 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:** Infinity'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 guidelines. In order to make this determination, Infinity: (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 date 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:** Infinity 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 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, and (vi) IRS tax transcripts.

**Asset Review:** Infinity 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, Infinity 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 Infinity. During the course of this review, Infinity (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 debt-to-income ("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.

4 \| P a g e

![](ex99-2_001.jpg)

**Occupancy Review:** Infinity 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, Infinity 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:** Infinity 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 origination of the mortgage loan. If the mortgage loan file did not contain a fraud report and the counterparty did not produce one, Infinity conditioned the mortgage loan for the missing fraud report product.

If a report was present, Infinity 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, Infinity 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:** Infinity's review included 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:** Infinity 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(s) 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.

5 \| P a g e

![](ex99-2_001.jpg)

**Business Purpose/DSCR Scope:** Infinity conducted a business purpose/property focused Investor review for seventy-nine (79) mortgage loans with DSCR calculation. There were no mortgage loans that were classified as No Ratio loans with no DSCR calculation.

Each loan, reviewed under this scope, was reviewed for adherence to the relevant credit policy as indicated by the Client. During the course of this review, Infinity (i) reviewed the provided Note, Mortgage/DOT, and Guaranty Agreement(s) to confirm execution, adherence to the credit policy, and agreement with other Loan Approval documentation, (ii) examined appraisal reports, BPO's, and appraisal reviews to determine if the property type was consistent with underwritten property type and usage (such as evidence of either owner or tenant occupancy) and compared this information against other relevant information contained within applicable sections of the loan file to evaluate consistency, accuracy, and adherence to the credit policy, (iii) reviewed environmental reporting, Flood Certification, and Evidence of Insurance to confirm accuracy and adherence to credit policy requirements, (iv) reviewed 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, (v) reviewed 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, (vi) reviewed 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), (vii) reviewed 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, (viii) confirmed, if applicable, business license(s) and P&L's are present, valid, and adhere to credit policy requirements, (ix) confirmed, if applicable, second mortgage documents are present, valid, align with approved terms amounts, and adhere to credit policy requirements, (x) reviewed 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 (xi) reviewed the Certification of Business Purpose and Certification of Non-Owner Occupancy and Indemnity for presence of completed fields and verifying that the handwritten Primary Residence address differs from the subject property address and is signed/dated as required (xii) verified 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, (xiii) compared 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, (xv) documented any non-approved credit policy exceptions and/or inconsistencies and reporting and/or marking such items for further dialogue, (xvi) gathered the components of the DSCR from source documentation provided in the loan file during the course of the review. Where applicable, Infinity sums per the guidelines the principal and interest payment as well as the tax, insurance and HOA payment to arrive at a monthly property expense. This number is used as the denominator to the monthly lease or estimated lease income as per the guidelines.

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

Infinity conducted a review of the value of the underlying collateral at the time of its initial review for four hundred and seventy (470) mortgage loans. For these four hundred and seventy (470) mortgage loans, Infinity reviewed the mortgage loans to ensure the value of the collateral securing the assets met applicable underwriting guidelines.

6 \| P a g e

![](ex99-2_001.jpg)

Infinity'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. Infinity'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 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.

With regard to the use of comparable properties, Infinity'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 Infinity'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 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 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 Infinity or if it was not directly accessible that another valuation product that was directly accessible to Infinity was ordered in accordance with the Client's specific valuation waterfall process.

If more than one valuation was provided, Infinity confirmed consistency among the valuation products and if there were discrepancies that could not be resolved, Infinity created an exception and worked with the client on the next steps which may include the ordering of additional valuation products such as collateral desktop analyses, broker's price opinions, and full appraisals. If the property valuation products included in Infinity's review resulted in a variance of more than 10% then the client was notified of such variance and a second independent valuation product was ordered.

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

Infinity completed a Compliance Review on three hundred and six (306) mortgage loans. Please be advised that Infinity 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 Infinity are dependent upon its receiving complete and accurate data regarding the mortgage loans from mortgage loan originators and other third parties upon which Infinity is relying in reaching such findings.

7 \| P a g e

![](ex99-2_001.jpg)

Please be further advised that Infinity does not employ personnel who are licensed to practice law in the various jurisdictions, and the findings set forth in the reports prepared by Infinity do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to Infinity. Information contained in any Infinity 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 Infinity 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 Infinity 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. Infinity does not make any representation or warranty as to the value of any mortgage loan or mortgage loans collateral that has been reviewed by Infinity.

Infinity 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):</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;

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).

8 \| P a g e

![](ex99-2_001.jpg)

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

&nbsp;&nbsp;&nbsp;&nbsp;d) <u>High-cost Mortgage (§§1026.31, 32 and 33):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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;e) <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.

&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> 

&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, Infinity 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, Infinity'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;g) <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;h) <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;i) <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;j) <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

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

9 \| P a g e

![](ex99-2_001.jpg)

**(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.

10 \| P a g e

![](ex99-2_001.jpg)

**(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 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;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v) confirm that any written estimate of terms or costs provided prior to receipt of a LE contained the required
disclosures;

vi) 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;

vii) confirm the presence and timely provision of a settlement service provider list (when consumer is given the opportunity to shop for services);

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

ix) 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 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 Industry Group ("SFIG") 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 SFIG Compliance Review Scope.)

11 \| P a g e

![](ex99-2_001.jpg)

&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)).

Infinity 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). Infinity determines the mortgage loan's status under the ATR or QM rule requirements and assigns a due diligence mortgage loan designation. Generally, Infinity notes as a material exception if the due diligence findings do not confirm the originator's mortgage loan designation. Additionally, Infinity notes if an originator mortgage loan designation was not provided.

 

*<u>Qualified Mortgage</u>*

With respect to QM (Safe Harbor and Higher-priced) designated mortgage loans, Infinity 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) 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.

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, Infinity reviews the mortgage loan to determine whether, based on available information in the file, if the mortgage loan satisfied (i), (ii) and (iii) in the preceding paragraph. In addition, Infinity 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, Infinity 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.).

 

 

12 \| P a g e

![](ex99-2_001.jpg)

 

For each QM designated mortgage loan that does not satisfy the applicable requirements enumerated above, Infinity 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>*

Infinity 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.

 

Infinity 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"). Infinity 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. Infinity's review is based on information contained in the mortgage loan file at the time it is provided to Infinity 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;**

13 \| P a g e

![](ex99-2_001.jpg)

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

**(X) Recording Review**

Infinity 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 Infinity reviewed the mortgage loans and thus have not yet been recorded. Infinity verified that documents in the 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, Infinity will analyze and capture data from the source documents identified in the Document Review below, as applicable.

**(XI) FIRREA Review**

Infinity confirmed that the appraiser and the appraisal made by such appraiser both satisfied the pr 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, Infinity 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**

Infinity 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;

14 \| P a g e

![](ex99-2_001.jpg)

&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.

15 \| P a g e

![](ex99-2_001.jpg)

**SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW** 

The nationally recognized statistical rating organization ("NRSRO") criteria referenced for this report and utilized for grading descriptions is based upon the requirements of the NRSROs listed in Item 3 of the ABS Due Diligence 15E, S&P Global Ratings ("S&P") and Kroll Bond Rating Agency, LLC ("KBRA").

**OVERALL RESULTS SUMMARY (470 MORTGAGE LOANS)**

Infinity's review to NRSRO grading requirements covers four hundred and seventy (470) mortgage loans. Within those mortgage loans, Infinity graded four hundred and twenty-one (421) mortgage loans as "A" and forty-nine (49) mortgage loans as "B".

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**S&P Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** |
| &nbsp;&nbsp;**S&P Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;305 | &nbsp;&nbsp;422 | &nbsp;&nbsp;470 | &nbsp;&nbsp;421 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;48 | &nbsp;&nbsp;0 | &nbsp;&nbsp;49 |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**S&P Grade** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;**S&P Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;99.67% | &nbsp;&nbsp;89.79% | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;89.57% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0.33% | &nbsp;&nbsp;10.21% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;10.43% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**KBRA Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** |
| &nbsp;&nbsp;**KBRA Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;305 | &nbsp;&nbsp;422 | &nbsp;&nbsp;470 | &nbsp;&nbsp;421 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;48 | &nbsp;&nbsp;0 | &nbsp;&nbsp;49 |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**KBRA Grade** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;**KBRA Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;99.67% | &nbsp;&nbsp;89.79% | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;89.57% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0.33% | &nbsp;&nbsp;10.21% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;10.43% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |

---

16 \| P a g e

![](ex99-2_001.jpg)

**TAPE INTEGRITY REVIEW RESULTS SUMMARY (470 MORTGAGE LOANS)**

Of the four hundred and seventy (470) mortgage loans reviewed, 29 (6.17%) mortgage loans had tape discrepancies across six (6) unique data fields.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**# of Variances** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;B1 Self-Employed? | &nbsp;&nbsp;1 | &nbsp;&nbsp;470 | &nbsp;&nbsp;0.21% |
| &nbsp;&nbsp;Original Appraised Value | &nbsp;&nbsp;3 | &nbsp;&nbsp;470 | &nbsp;&nbsp;0.64% |
| &nbsp;&nbsp;Original CLTV Ratio Percent | &nbsp;&nbsp;1 | &nbsp;&nbsp;470 | &nbsp;&nbsp;0.21% |
| &nbsp;&nbsp;Original Standard LTV (OLTV) | &nbsp;&nbsp;1 | &nbsp;&nbsp;470 | &nbsp;&nbsp;0.21% |
| &nbsp;&nbsp;Property City | &nbsp;&nbsp;1 | &nbsp;&nbsp;470 | &nbsp;&nbsp;0.21% |
| &nbsp;&nbsp;Residual Income | &nbsp;&nbsp;25 | &nbsp;&nbsp;470 | &nbsp;&nbsp;5.32% |

---

**ADDITIONAL LOAN POPULATION SUMMARY (470 MORTGAGE LOANS)**

\* Total may not sum to total due to rounding.

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;470 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$271277377.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**470** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$271277377.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original Balance** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;470 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$271277377.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**470** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$271277377.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original Balance** |
| &nbsp;&nbsp;Cash Out: Home Improvement/Renovation | &nbsp;&nbsp;3 | &nbsp;&nbsp;0.64% | &nbsp;&nbsp;$1957550.00 | &nbsp;&nbsp;0.72% |
| &nbsp;&nbsp;Cash Out: Other/Multi- purpose/Unknown | &nbsp;&nbsp;103 | &nbsp;&nbsp;21.91% | &nbsp;&nbsp;$53440901.00 | &nbsp;&nbsp;19.70% |
| &nbsp;&nbsp;First Time Home Purchase | &nbsp;&nbsp;68 | &nbsp;&nbsp;14.47% | &nbsp;&nbsp;$38044935.00 | &nbsp;&nbsp;14.02% |
| &nbsp;&nbsp;Other than first time Home Purchase | &nbsp;&nbsp;252 | &nbsp;&nbsp;53.62% | &nbsp;&nbsp;$135731822.00 | &nbsp;&nbsp;50.03% |
| &nbsp;&nbsp;Rate/Term Refinance - Borrower initiated | &nbsp;&nbsp;44 | &nbsp;&nbsp;9.36% | &nbsp;&nbsp;$42102169.00 | &nbsp;&nbsp;15.52% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**470** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$271277377.00** | &nbsp;&nbsp;**100.00%** |

---

17 \| P a g e

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Original Amortization Term** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original Balance** |
| &nbsp;&nbsp;240 Months | &nbsp;&nbsp;22 | &nbsp;&nbsp;4.68% | &nbsp;&nbsp;$13504226.00 | &nbsp;&nbsp;4.98% |
| &nbsp;&nbsp;360 Months | &nbsp;&nbsp;448 | &nbsp;&nbsp;95.32% | &nbsp;&nbsp;$257773151.00 | &nbsp;&nbsp;95.02% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**470** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$271277377.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original Balance** |
| &nbsp;&nbsp;Primary | &nbsp;&nbsp;273 | &nbsp;&nbsp;58.09% | &nbsp;&nbsp;$191197898.00 | &nbsp;&nbsp;70.48% |
| &nbsp;&nbsp;Secondary | &nbsp;&nbsp;33 | &nbsp;&nbsp;7.02% | &nbsp;&nbsp;$19587169.00 | &nbsp;&nbsp;7.22% |
| &nbsp;&nbsp;Investor | &nbsp;&nbsp;164 | &nbsp;&nbsp;34.89% | &nbsp;&nbsp;$60492310.00 | &nbsp;&nbsp;22.30% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**470** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$271277377.00** | &nbsp;&nbsp;**100.00%** |

---

**Exhibit A**

---

| |
|:---|
| &nbsp;&nbsp;**Guidelines** |
| &nbsp;&nbsp;Correspondent SmartVest Product Profile 07-11-24.pdf |
| &nbsp;&nbsp;Newrez SmartEdge Product Summary 4-24-25.pdf |
| &nbsp;&nbsp;Newrez SmartSelf Bank Statement and 1099 Product Summary 4-24-25.pdf |
| &nbsp;&nbsp;Newrez SmartVest Product Summary 4-24-25.pdf |
| &nbsp;&nbsp;Smart Vest Product 1-23-25.pdf |
| &nbsp;&nbsp;SmartEdge Product Profile 12-20-24.pdf |
| &nbsp;&nbsp;SmartEdge Product Summary 10-22-24.pdf |
| &nbsp;&nbsp;SmartEdge Product Summary Correspondent 4-24-25.pdf |
| &nbsp;&nbsp;SmartEdge Product Summary_Correspondent 10-17-24.pdf |
| &nbsp;&nbsp;SmartSelf Bank Statement and 1099 Product Summary - 10-22-24.pdf |
| &nbsp;&nbsp;SmartSelf Bank Statement and 1099 Product Summary 01-23-25.pdf |
| &nbsp;&nbsp;SmartSelf Product Profile 12-20-24.pdf |
| &nbsp;&nbsp;SmartSelf Product Profile_correspondent_ 5-16-24.pdf |
| &nbsp;&nbsp;SmartSelf Product Summary_Correspondent 9-19-24.pdf |
| &nbsp;&nbsp;SmartVest Product Profile 12-24-25.pdf |
| &nbsp;&nbsp;SmartVest Product Summary 10-22-24.pdf |

---

18 \| P a g e

## Exhibit 99.2

**Exhibit 99.2 Schedule 1**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN DATA** | **LOAN DATA** | **LOAN DATA** | **LOAN DATA** | **LOAN DATA** | **LOAN DATA** | **LOAN DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **AVM Data** | **AVM Data** | **AVM Data** | **AVM Data** | **AVM Data** | **AVM Data** | **DESK REVIEW DATA** | **DESK REVIEW DATA** | **DESK REVIEW DATA** | **DESK REVIEW DATA** | **DESK REVIEW DATA** | **BPO REVIEW DATA** | **BPO REVIEW DATA** | **BPO REVIEW DATA** | **BPO REVIEW DATA** | **BPO REVIEW DATA** | **FIELD REVIEW/2055 DATA** | **FIELD REVIEW/2055 DATA** | **FIELD REVIEW/2055 DATA** | **FIELD REVIEW/2055 DATA** | **FIELD REVIEW/2055 DATA** | **2ND APPRAISAL DATA** | **2ND APPRAISAL DATA** | **2ND APPRAISAL DATA** | **2ND APPRAISAL DATA** | **2ND APPRAISAL DATA** | **AGENCY DATA** | **AGENCY DATA** | **AGENCY DATA** |
| Loan ID | **Infinity Loan ID** | **Loan Number** | **Loan Number 2** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Appraised Value** | **Value for CLTV** | **Appraisal Date** | **Appraisal Type** | **AVM Value** | **Variance $** | **Variance %** | **AVM Company** | **AVM FSD Score** | **AVM Effective Date** | **Desk Value** | **Variance $** | **Variance %** | **Desk Company** | **Desk Report Date** | **BPO As-Is Value** | **Variance $** | **Variance %** | **BPO Company** | **BPO Inspection Date** | **FR Value** | **Variance $** | **Variance %** | **FR Company** | **FR Report Date** | **2nd Appraisal Value** | **Variance $** | **Variance %** | **2nd Appraisal Company** | **2nd Appraisal Date** | **Eligible for Rep/Warrant Relief** | **LCA Risk Score** | **CU Score** |
| 213778855 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 214297178 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 1 |
| 214508285 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 11/XX/2024 | 2090 Individual Cooperative Interest Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 214554313 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 12/XX/2024 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 01/XX/2025 |  |  |  |  |  |  |  |  |  |  | XX | XX | 1.087% | XX | 03/XX/2025 | Yes | 1.5 | 2.6 |
| 214558595 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 01/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 01/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 214590069 | XX | XX |  | 02/XX/2025 | XX | XX | XX | XX | 01/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 4.2 |
| 214622334 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | 3.1 |
| 214634735 | XX | XX |  | 02/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 2 |
| 214635468 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1.5 |
| 214657454 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 01/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 2 |
| 214658882 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2.1 |
| 214664054 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  | XX | XX | 4.219% | XX | 02/XX/2025 | Not Applicable | Not Applicable | Not Applicable |
| 214672974 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Not Applicable |
| 214673816 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.5 | 3.9 |
| 214679151 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 12/XX/2024 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 214687170 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2.7 |
| 214687972 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | 0.541% | XX | 03/XX/2025 | Not Applicable | Not Applicable | 2.5 |
| 214689580 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1.1 |
| 214694689 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 1 |
| 214697062 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 2 |
| 214699142 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1 |
| 214701138 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 5 |
| 214702540 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | -7.143% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 214703043 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 214705956 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 1.3 |
| 214708067 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | 3.125% | XX | 03/XX/2025 | No | 4 | 4.3 |
| 214710808 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1.4 |
| 214711020 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| 214719353 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | 1.481% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  | XX | XX | 1.481% | XX | 03/XX/2025 | No | 4.5 | 4.1 |
| 214719916 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 4 |
| 214720203 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 2.5 |
| 214724239 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | Not Applicable |
| 214724353 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | XX | -6.393% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| 214724833 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1.9 |
| 214726150 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1 |
| 214728081 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1.6 |
| 214729006 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 1 |
| 214732166 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1.6 |
| 214732356 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 214740722 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1.1 |
| 214741290 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 1 |
| 214741340 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 1 |
| 214743734 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 214743742 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 12/XX/2024 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1.6 |
| 214746166 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 1 |
| 214749525 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 2.1 |
| 214750077 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 214756850 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 214760704 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | -4.286% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  | XX | XX | 9.357% | XX | 03/XX/2025 | No | 3 | 3.4 |
| 214760837 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | 5.600% | XX | 03/XX/2025 | No | 4.5 | 1.8 |
| 214760886 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 3.5 |
| 214762593 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 1.3 |
| 214766040 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2.8 |
| 214767709 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1.1 |
| 214772329 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1.9 |
| 214772485 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 1 |
| 214772741 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 2.5 |
| 214773673 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | 2.651% | XX | 02/XX/2025 | No | 5 | 1 |
| 214774291 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1.3 |
| 214776569 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 2.1 |
| 214778037 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5 | 1.6 |
| 214779076 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 1 |
| 214780215 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 214780413 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2.1 |
| 214782732 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | Unavailable |
| 214788853 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5 | 3.4 |
| 214791592 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1.9 |
| 214792954 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | 4.375% | XX | 03/XX/2025 | No | Not Applicable | Not Applicable |
| 214795908 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 214796609 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 214800393 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 214802159 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | 2.2 |
| 214803728 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 214806127 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5 | 2.6 |
| 214806804 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | -5.967% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | 3 |
| 214807588 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 1 |
| 214808834 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5 | 3.2 |
| 214811481 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| 214814402 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| 214814501 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 | No | 3 | 1.6 |
| 214814766 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 2.3 |
| 214815839 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1.5 |
| 214816357 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1 |
| 214819971 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 214825283 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 2.6 |
| 214825440 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2.6 |
| 214825846 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 214826000 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 214826935 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 1.5 |
| 214827461 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 214830382 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| 214830408 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| 214831448 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | -7.330% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 3.3 |
| 214832073 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | -4.167% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 3.1 |
| 214833154 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | 25.581% | XX | 04/XX/2025 | No | Not Applicable | 5 |
| 214836744 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.5 | 2.6 |
| 214839573 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  | XX | XX | -1.754% | XX | 05/XX/2024 | No | Unavailable | 1.2 |
| 214841165 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 214844078 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| 214844714 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 214848053 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 | Yes | 2.5 | 2.1 |
| 214848558 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 11/XX/2024 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1.5 |
| 214848756 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.5 | Not Applicable |
| 214852568 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | 2.632% | XX | 04/XX/2025 | No | 5 | 1.9 |
| 214852683 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5 | 2.7 |
| 214853327 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1.4 |
| 214856783 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 4.8 |
| 214856981 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 5 |
| 214857443 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | XX | -1.112% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1 |
| 214859613 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 4.6 |
| 214863102 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1 |
| 214864464 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 3.7 |
| 214864555 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 1.3 |
| 214866220 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 3.7 |
| 214879736 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 214879785 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | -6.977% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 1 |
| 214991564 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1 |
| 215004441 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | XX | 4.706% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 2.8 |
| 215008475 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1 |
| 215009259 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | Unavailable |
| 215019431 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 4.4 |
| 215020793 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1.6 |
| 215022831 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 2 |
| 215024449 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1.8 |
| 215025131 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | XX | -9.434% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Unavailable |
| 215042268 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1 |
| 215051202 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5 | 2.6 |
| 215051665 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 1.2 |
| 215060948 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| 215061722 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 3.1 |
| 215070756 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| 215072026 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1 |
| 9704530147 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  | XX | XX | -2.513% | XX | 03/XX/2025 | Yes | 1 | 1 |
| 9704917500 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 2.1 |
| 9705133941 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 1 |
| 9705151257 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9705366111 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| 9705753813 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | -0.876% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2.7 |
| 9706219327 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 3.3 |
| 9706581460 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 12/XX/2024 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 01/XX/2025 |  |  |  |  |  |  |  |  |  |  | XX | XX | 7.937% | XX | 12/XX/2024 | No | Not Applicable | 3.9 |
| 9706692622 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | -3.846% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 3.7 |
| 9706749711 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1.9 |
| 9706753028 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| 9707122843 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 9707463767 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1.2 |
| 9707521275 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.5 | 1.3 |
| 9707573698 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | 9.649% | XX | 04/XX/2025 | No | Not Applicable | 5 |
| 9707986379 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 9708047171 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1.3 |
| 9708447116 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 2.5 |
| 9708977310 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 4.8 |
| 9709314984 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 3.3 |
| 9709466982 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| 9710559551 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1.1 |
| 9710691404 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 9710957169 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | XX | 2.564% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 9711239393 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 1 |
| 9711411224 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | XX | -1.136% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9711507542 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 2.5 |
| 9711722364 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 2.6 |
| 9711828765 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1 |
| 9712168609 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 3.8 |
| 9712177428 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 3.1 |
| 9712385989 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 9712455519 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.5 | 3.3 |
| 9712539767 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 1 |
| 9712612275 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 2.6 |
| 9712778100 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 9713047885 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 9713109123 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | -9.273% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 4.5 |
| 9713242700 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9713322684 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 1.8 |
| 9713401280 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 1 |
| 9713745603 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 4.4 |
| 9713797208 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9714336204 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 9714834695 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.5 | 2.9 |
| 9715929213 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9716081295 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 1.1 |
| 9716172078 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1.1 |
| 9716235891 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1 |
| 9716724985 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1.7 |
| 9716819058 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 1.3 |
| 9717027487 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 1 |
| 9717249362 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1 |
| 9717470695 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| 9717639588 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 2.5 |
| 9717727177 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 2.3 |
| 9717847058 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 3.9 |
| 9718116016 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | 4.000% | XX | 04/XX/2025 | No | 3 | 5 |
| 9718928972 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1.3 |
| 9719091663 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2.6 |
| 9719375967 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9720643767 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | XX | -3.694% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 9721089713 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 1 |
| 9721336676 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1073 Condominiums |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | 6.849% | XX | 04/XX/2025 | No | Not Applicable | 1 |
| 9721389253 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5 | 1 |
| 9721597129 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1.8 |
| 9721717768 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Unavailable |
| 9723043353 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9723278454 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1.2 |
| 9724087144 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | Unavailable |
| 9724496048 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9724527800 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1.4 |
| 9725064506 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  | XX | XX | -5.952% | XX | 03/XX/2025 | Not Applicable | Not Applicable | Not Applicable |
| 9725517156 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 3.5 |
| 9725549928 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2.5 |
| 9725559976 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | 7.606% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  | XX | XX | 6.901% | XX | 04/XX/2025 | No | 5 | 3.5 |
| 9725754825 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1 |
| 9726016109 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 2.6 |
| 9726411151 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 1.6 |
| 9727178304 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2.2 |
| 9727334477 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | XX | -3.604% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 2.6 |
| 9727472079 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | Unavailable |
| 9727975139 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 2.3 |
| 9727995335 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2.2 |
| 9728156937 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 9728979718 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9728988255 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  | XX | XX | -1.786% | XX | 03/XX/2025 | Not Applicable | Not Applicable | Not Applicable |
| 9729063314 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1.4 |
| 9729803495 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  | XX | XX | -3.636% | XX | 05/XX/2025 | No | Not Applicable | Not Applicable |
| 9730170512 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 1.2 |
| 9730234417 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| 9730296846 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 3.2 |
| 9730545390 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 2.1 |
| 9730843761 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | -6.400% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 4.1 |
| 9731466364 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1.6 |
| 9731665007 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 1 |
| 9731755766 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| 9731798188 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 2.1 |
| 9732018131 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 9732025615 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9732164620 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 2.6 |
| 9732508693 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9733003884 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9733047485 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 1 |
| 9733266275 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1.2 |
| 9733407457 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1 |
| 9733956990 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 3.3 |
| 9734133227 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | 0.743% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1.3 |
| 9734469902 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.5 | 3.3 |
| 9734484737 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| 9734525828 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| 9734558183 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 12/XX/2024 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 01/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| 9734910061 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | 3 |
| 9735034663 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1 |
| 9735435845 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 9735530157 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1.5 |
| 9735957566 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 2.6 |
| 9736008666 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 1.7 |
| 9736045361 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 3 |
| 9736173080 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9736568438 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 4.1 |
| 9737440959 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 9737782624 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1 |
| 9738121541 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1.2 |
| 9738199208 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9738329771 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9738445064 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 2.6 |
| 9738490359 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 1.9 |
| 9738794313 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 9738803429 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 9739024785 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1.3 |
| 9739092345 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1 |
| 9739255413 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1.8 |
| 9739560242 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1.8 |
| 9740424198 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 1 |
| 9740594958 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1 |
| 9742549919 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1.8 |
| 9743055221 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 12/XX/2024 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | Unavailable |
| 9743077860 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9743827876 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 9744528911 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2.6 |
| 9744581027 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2.6 |
| 9744851784 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 01/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 01/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 9744923286 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | 1.923% | XX | 03/XX/2025 | No | Unavailable | 5 |
| 9745022302 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.5 | 4.2 |
| 9746448571 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 9746517201 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 9746702514 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| 9746929729 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| 9747012376 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1.8 |
| 9747261791 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| 9747619105 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9748441335 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 2.3 |
| 9748469013 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 | No | 3 | 1 |
| 9748539567 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | 1.4 |
| 9748767564 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9748855187 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9749196599 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 4.6 |
| 9749940483 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 4.9 |
| 9750299977 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 2.6 |
| 9750830037 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 9751115370 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9751206849 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 2.5 |
| 9751268070 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 01/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 9751511164 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 1.6 |
| 9751892259 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 1.2 |
| 9752739814 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 9752987421 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1.2 |
| 9753220442 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9753441212 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.5 | 3.2 |
| 9753515171 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | -5.161% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1.9 |
| 9753615211 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 2.4 |
| 9754020346 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 3 | 1 |
| 9754056134 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.5 | 1 |
| 9754271063 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 2.6 |
| 9754537281 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 1.1 |
| 9755031078 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 9755038875 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 2.7 |
| 9755173375 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 9755572998 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 2.6 |
| 9755690600 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9756249612 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 2.6 |
| 9756499373 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5 | 2.4 |
| 9757326880 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Not Applicable |
| 9757353389 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1 |
| 9757662102 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | -0.115% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9757912069 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1.4 |
| 9758059324 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9758133442 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | 0.356% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9758472410 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | -3.720% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 1.2 |
| 9759138671 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 9759942924 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | 0.548% | XX | 04/XX/2025 | No | 4.5 | 4.7 |
| 9760008921 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5 | 3.6 |
| 9760088345 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1.4 |
| 9760306226 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.5 | 1 |
| 9760814807 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9760963455 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1.8 |
| 9761738203 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9761774653 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1.4 |
| 9761798470 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2.6 |
| 9761845735 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9762008713 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1.8 |
| 9762060672 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2 |
| 9762269232 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 2.1 |
| 9762792472 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | 2.381% | XX | 04/XX/2025 | Not Applicable | Not Applicable | Not Applicable |
| 9763259885 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | -8.879% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.5 | 2.6 |
| 9763977346 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| 9764097763 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | XX | -6.897% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 9765153193 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| 9765317426 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1 |
| 9765452512 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | 8.889% | XX | 05/XX/2025 | No | 3 | 3.8 |
| 9765511341 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 9765541173 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 9765766960 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 2.6 |
| 9765789665 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2.4 |
| 9765982898 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 9766008529 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 2.8 |
| 9766218532 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9766265939 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| 9766445424 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| 9767698518 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 1 |
| 9767903561 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 9768157282 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 9768783038 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 1 |
| 9768878218 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| 9768996911 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 2.4 |
| 9771089027 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 3.7 |
| 9771216810 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 2.3 |
| 9771269223 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | 0.700% | XX | 03/XX/2025 | No | 3.5 | 1.8 |
| 9771585859 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 9771609857 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1.7 |
| 9771744217 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 1.7 |
| 9771965994 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 2 |
| 9772000619 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 4.2 |
| 9772304912 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 2.7 |
| 9772442555 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 3.8 |
| 9772756152 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 1 |
| 9772853314 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 9773724381 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 9773805438 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1 |
| 9773846747 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| 9773935292 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 1 |
| 9774103098 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| 9774653357 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 9775071658 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9776087604 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| 9776599186 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  | XX | XX | 9.736% | XX | 01/XX/2025 | Yes | 1 | 3 |
| 9776804545 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1.8 |
| 9776984446 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9777319691 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9777417313 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | 0.616% | XX | 03/XX/2025 | Yes | 2 | 1 |
| 9778156662 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 2 |
| 9778224932 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 2.1 |
| 9778347857 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1.1 |
| 9778734153 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 1.1 |
| 9779433706 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| 9779938175 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1.9 |
| 9780078367 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1.3 |
| 9780699857 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 9781009445 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1 |
| 9781770988 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| 9781948865 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9782091210 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 4.2 |
| 9782095591 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1 |
| 9782156179 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 5 |
| 9782379029 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 4.5 |
| 9782774088 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 1.2 |
| 9783206577 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | -6.250% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5 | 1 |
| 9783349534 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1.8 |
| 9783564181 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 4.1 |
| 9783621247 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1 |
| 9783883524 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2.6 |
| 9784032089 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| 9784187404 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | -4.651% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| 9784266638 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| 9784557754 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 2.6 |
| 9784769680 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 2.3 |
| 9784889652 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9785143828 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| 9785289670 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 9785394678 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 9785666687 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 2.4 |
| 9786068495 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 3 |
| 9786355918 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 2.4 |
| 9787394361 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| 9787422089 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 1.9 |
| 9787680553 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.5 | 1 |
| 9787726315 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 4 |
| 9787732008 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9787754713 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.5 | 3.5 |
| 9788234129 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| 9788354406 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 1 |
| 9788470442 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 1 |
| 9788656255 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 1 |
| 9788765205 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 1 |
| 9788961176 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 2.2 |
| 9789142974 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 2.8 |
| 9789299964 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 9789523272 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | -4.762% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 2.9 |
| 9789581734 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2.2 |
| 9789718526 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9789788420 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1.5 |
| 9790185087 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 11/XX/2024 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 11/XX/2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 2.7 |
| 9790648035 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | -2.500% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1.6 |
| 9791102602 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 9791218713 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9791367361 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| 9791370274 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| 9791947550 | XX | XX |  | 03/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 4 |
| 9792323348 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| 9792555212 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| 9792712946 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1.9 |
| 9793369480 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1.2 |
| 9793395345 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 9793580219 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| 9793677858 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1.7 |
| 9793830382 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 9793923187 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1 |
| 9793943425 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1.5 |
| 9794074790 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 2.8 |
| 9794305046 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9794804733 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| 9795093997 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 1.6 |
| 9795271544 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 2.3 |
| 9795376350 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9795541748 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1.1 |
| 9795963561 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | XX | -3.284% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | 1 |
| 9796096726 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 2.1 |
| 9796104082 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1.2 |
| 9796173160 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 9796605047 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 1.4 |
| 9797260586 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 02/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 9798010733 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 9798156999 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 2.1 |
| 9798626991 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | 16.917% | XX | 03/XX/2025 | Not Applicable | Not Applicable | Not Applicable |
| 9798809936 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1.2 |
| 9798841137 | XX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | -8.840% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1.6 |
| 9798933959 | XX | XX |  | 04/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | -8.750% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |

---

## Exhibit 99.2

**Exhibit 99.2 Schedule 2**

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan ID | **Infinity Loan ID** | **Loan Number** | **Original Loan Amount** | **State** | **Note Date** | **Occupancy** | **Purpose** | **Final Overall Compliance Grade** | **DBRS INITIAL Compliance Grade** | **DBRS FINAL Compliance Grade** | **FITCH INITIAL Compliance Grade** | **FITCH FINAL Compliance Grade** | **KROLL INITIAL Compliance Grade** | **KROLL FINAL Compliance Grade** | **MOODY's INITIAL Compliance Grade** | **MOODY's FINAL Compliance Grade** | **S&P INITIAL Compliance Grade** | **S&P FINAL Compliance Grade** |
| 214791592 | XX | XX | XX | Florida | 3/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214558595 | XX | XX | XX | Connecticut | 3/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9719375967 | XX | XX | XX | Washington | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9733407457 | XX | XX | XX | Florida | 5/XX/2025 | Primary | Purchase A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 9783206577 | XX | XX | XX | Ohio | 5/XX/2025 | Primary | Purchase A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 214856783 | XX | XX | XX | Texas | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9766218532 | XX | XX | XX | Georgia | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9795541748 | XX | XX | XX | Georgia | 4/XX/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9768783038 | XX | XX | XX | Maryland | 5/XX/2025 | Primary | Purchase B | A B | A | A B | A | A B | A | A B | A | A B | A | A |
| 214719353 | XX | XX | XX | Alabama | 3/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9759138671 | XX | XX | XX | Texas | 5/XX/2025 | Investor | Cash Out A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| 214687170 | XX | XX | XX | Arizona | 3/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9797260586 | XX | XX | XX | New Jersey | 4/XX/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 9754537281 | XX | XX | XX | New York | 4/XX/2025 | Primary | Cash Out A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 9765153193 | XX | XX | XX | Pennsylvania | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9765511341 | XX | XX | XX | Illinois | 5/XX/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214782732 | XX | XX | XX | Colorado | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214590069 | XX | XX | XX | North Carolina | 2/XX/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 9735435845 | XX | XX | XX | Maryland | 4/XX/2025 | Investor | Purchase A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| 9784266638 | XX | XX | XX | California | 5/XX/2025 | Primary | Purchase B | A D B | A | A D B | A | A D B | A | A D B | A | A D B | A | A |
| 215042268 | XX | XX | XX | South Carolina | 5/XX/2025 | Secondary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9732018131 | XX | XX | XX | California | 4/XX/2025 | Primary | Purchase B | A D B | A | A D B | A | A D B | A | A D B | A | A D B | A | A |
| 9714834695 | XX | XX | XX | Washington | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9705133941 | XX | XX | XX | Tennessee | 4/XX/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9748469013 | XX | XX | XX | Florida | 5/XX/2025 | Primary | Purchase B | A C B | C | A C B | C | A C B | C | A C B | C | A C B | C | A |
| 9758059324 | XX | XX | XX | Arizona | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9739024785 | XX | XX | XX | Texas | 5/XX/2025 | Secondary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9748767564 | XX | XX | XX | Nevada | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9728979718 | XX | XX | XX | Connecticut | 4/XX/2025 | Primary | Purchase A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 9778734153 | XX | XX | XX | North Carolina | 5/XX/2025 | Primary | Purchase A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 214743734 | XX | XX | XX | Texas | 4/XX/2025 | Secondary | Purchase B | A B | A | A B | A | A B | A | A B | A | A B | A | A |
| 214779076 | XX | XX | XX | North Carolina | 3/XX/2025 | Investor | Cash Out B | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable |
| 9746517201 | XX | XX | XX | Virginia | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9754056134 | XX | XX | XX | New Mexico | 3/XX/2025 | Primary | Cash Out A | A D | D | A D | D | A D | D | A D | D | A D | D | A |
| 9738803429 | XX | XX | XX | California | 5/XX/2025 | Investor | Refinance A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214773673 | XX | XX | XX | Florida | 4/XX/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214844078 | XX | XX | XX | Arizona | 4/XX/2025 | Secondary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214808834 | XX | XX | XX | Texas | 4/XX/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9787732008 | XX | XX | XX | Georgia | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9729063314 | XX | XX | XX | Massachusetts | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9771609857 | XX | XX | XX | Washington | 5/XX/2025 | Primary | Cash Out B | A B | A | A B | A | A B | A | A B | A | A B | A | A |
| 9736045361 | XX | XX | XX | Arizona | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9753220442 | XX | XX | XX | Texas | 5/XX/2025 | Primary | Purchase A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 214816357 | XX | XX | XX | South Carolina | 4/XX/2025 | Secondary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9782095591 | XX | XX | XX | Florida | 4/XX/2025 | Primary | Purchase A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 9732508693 | XX | XX | XX | Michigan | 5/XX/2025 | Primary | Purchase B | A B | A | A B | A | A B | A | A B | A | A B | A | A |
| 9733956990 | XX | XX | XX | Oregon | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9785289670 | XX | XX | XX | California | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9712168609 | XX | XX | XX | Florida | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9764097763 | XX | XX | XX | Alabama | 4/XX/2025 | Secondary | Purchase A | A D | D | A D | D | A D | D | A D | D | A D | D | A |
| 9744923286 | XX | XX | XX | New York | 4/XX/2025 | Primary | Cash Out B | A B | A | A B | A | A B | A | A B | A | A B | A | A |
| 9705753813 | XX | XX | XX | New York | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9751206849 | XX | XX | XX | Texas | 4/XX/2025 | Primary | Refinance A | A | A | A | A | A | A | A | A | A | A | A |
| 214774291 | XX | XX | XX | Indiana | 4/XX/2025 | Investor | Purchase A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| 215051202 | XX | XX | XX | Maryland | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9760306226 | XX | XX | XX | Washington | 5/XX/2025 | Investor | Cash Out A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| 9721597129 | XX | XX | XX | South Carolina | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214826000 | XX | XX | XX | California | 4/XX/2025 | Investor | Purchase A | Not Applicable C | Not Applicable | Not Applicable C | Not Applicable | Not Applicable C | Not Applicable | Not Applicable C | Not Applicable | Not Applicable C | Not Applicable | Not Applicable |
| 9740594958 | XX | XX | XX | Florida | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9720643767 | XX | XX | XX | New Jersey | 5/XX/2025 | Investor | Refinance A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214772741 | XX | XX | XX | Florida | 4/XX/2025 | Primary | Purchase A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 9765789665 | XX | XX | XX | Florida | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214702540 | XX | XX | XX | South Carolina | 3/XX/2025 | Primary | Refinance A | A | A | A | A | A | A | A | A | A | A | A |
| 9789581734 | XX | XX | XX | Florida | 5/XX/2025 | Primary | Purchase A | A D | D | A D | D | A D | D | A D | D | A D | D | A |
| 9738121541 | XX | XX | XX | Arizona | 5/XX/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 9708977310 | XX | XX | XX | Oregon | 5/XX/2025 | Primary | Refinance A | A C | A | A C | A | A C | A | A C | A | A C | A | A |
| 9765982898 | XX | XX | XX | Wisconsin | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9788234129 | XX | XX | XX | Indiana | 4/XX/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9762060672 | XX | XX | XX | Florida | 5/XX/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 9772853314 | XX | XX | XX | Florida | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9752739814 | XX | XX | XX | Massachusetts | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 215019431 | XX | XX | XX | Colorado | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9798809936 | XX | XX | XX | Georgia | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9756499373 | XX | XX | XX | California | 4/XX/2025 | Investor | Refinance A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| 9736008666 | XX | XX | XX | Georgia | 4/XX/2025 | Primary | Purchase A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 9792712946 | XX | XX | XX | Florida | 5/XX/2025 | Secondary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A D |
| 9772442555 | XX | XX | XX | Oregon | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9706749711 | XX | XX | XX | South Carolina | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 215004441 | XX | XX | XX | South Carolina | 5/XX/2025 | Secondary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 215072026 | XX | XX | XX | Tennessee | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9773846747 | XX | XX | XX | Florida | 4/XX/2025 | Primary | Purchase A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 9791370274 | XX | XX | XX | Oregon | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 214760704 | XX | XX | XX | North Carolina | 4/XX/2025 | Secondary | Refinance A | A | A | A | A | A | A | A | A | A | A | A |
| 214856981 | XX | XX | XX | Indiana | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214743742 | XX | XX | XX | Texas | 5/XX/2025 | Primary | Refinance B | A B | A | A B | A | A B | A | A B | A | A B | A | A |
| 9732025615 | XX | XX | XX | Colorado | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9796104082 | XX | XX | XX | Texas | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214792954 | XX | XX | XX | New Jersey | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 214788853 | XX | XX | XX | Michigan | 4/XX/2025 | Secondary | Cash Out A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 9793923187 | XX | XX | XX | Texas | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214848558 | XX | XX | XX | Colorado | 5/XX/2025 | Secondary | Refinance B | A B | A | A B | A | A B | A | A B | A | A B | A | A |
| 9774653357 | XX | XX | XX | New York | 5/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9767698518 | XX | XX | XX | Nevada | 4/XX/2025 | Primary | Purchase A | A D | D | A D | D | A D | D | A D | D | A D | D | A |
| 9771744217 | XX | XX | XX | Florida | 4/XX/2025 | Primary | Cash Out A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 214806127 | XX | XX | XX | California | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9787754713 | XX | XX | XX | Georgia | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214750077 | XX | XX | XX | Michigan | 3/XX/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9798933959 | XX | XX | XX | South Carolina | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214836744 | XX | XX | XX | Maryland | 4/XX/2025 | Primary | Purchase B | A C B | C | A C B | C | A C B | C | A C B | C | A C B | C | A |
| 9789142974 | XX | XX | XX | South Carolina | 5/XX/2025 | Investor | Cash Out A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D |
| 9735034663 | XX | XX | XX | New Mexico | 4/XX/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9712385989 | XX | XX | XX | California | 5/XX/2025 | Investor | Purchase B | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable |
| 9776984446 | XX | XX | XX | Florida | 5/XX/2025 | Secondary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 214760837 | XX | XX | XX | California | 3/XX/2025 | Primary | Refinance A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 214760886 | XX | XX | XX | Florida | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9780078367 | XX | XX | XX | Oklahoma | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9730170512 | XX | XX | XX | Washington | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9776804545 | XX | XX | XX | Florida | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214508285 | XX | XX | XX | New York | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9771089027 | XX | XX | XX | Florida | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9713109123 | XX | XX | XX | Tennessee | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 214841165 | XX | XX | XX | California | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9727995335 | XX | XX | XX | Florida | 5/XX/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A D |
| 9789299964 | XX | XX | XX | Pennsylvania | 5/XX/2025 | Investor | Purchase A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| 9754020346 | XX | XX | XX | Oregon | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214703043 | XX | XX | XX | Texas | 3/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9717249362 | XX | XX | XX | Tennessee | 4/XX/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214697062 | XX | XX | XX | Florida | 4/XX/2025 | Primary | Refinance A | A | A | A | A | A | A | A | A | A | A | A |
| 9726016109 | XX | XX | XX | Wisconsin | 5/XX/2025 | Primary | Purchase B | A B | A | A B | A | A B | A | A B | A | A B | A | A |
| 214825440 | XX | XX | XX | Florida | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9713745603 | XX | XX | XX | Florida | 4/XX/2025 | Primary | Purchase B | A B | A | A B | A | A B | A | A B | A | A B | A | A |
| 214746166 | XX | XX | XX | Maryland | 3/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9766445424 | XX | XX | XX | Massachusetts | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9787394361 | XX | XX | XX | Pennsylvania | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9788354406 | XX | XX | XX | Oregon | 4/XX/2025 | Primary | Cash Out A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 9712778100 | XX | XX | XX | Florida | 4/XX/2025 | Secondary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214844714 | XX | XX | XX | Arkansas | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9729803495 | XX | XX | XX | Wisconsin | 5/XX/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9712177428 | XX | XX | XX | Texas | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9792323348 | XX | XX | XX | California | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9765317426 | XX | XX | XX | Georgia | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9750299977 | XX | XX | XX | Texas | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9715929213 | XX | XX | XX | Arizona | 4/XX/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9795271544 | XX | XX | XX | Missouri | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214991564 | XX | XX | XX | North Carolina | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214848756 | XX | XX | XX | Colorado | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9721389253 | XX | XX | XX | Florida | 4/XX/2025 | Investor | Purchase A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D |
| 9739092345 | XX | XX | XX | Missouri | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9706692622 | XX | XX | XX | Texas | 5/XX/2025 | Primary | Cash Out B | A D B | A | A D B | A | A D B | A | A D B | A | A D B | A | A |
| 214863102 | XX | XX | XX | Ohio | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9724087144 | XX | XX | XX | Massachusetts | 5/XX/2025 | Primary | Purchase B | A B | A | A B | A | A B | A | A B | A | A B | A | A |
| 9796605047 | XX | XX | XX | Florida | 4/XX/2025 | Investor | Refinance A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9728988255 | XX | XX | XX | Missouri | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9787726315 | XX | XX | XX | Michigan | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9734910061 | XX | XX | XX | Florida | 5/XX/2025 | Secondary | Purchase B | A D B | A | A D B | A | A D B | A | A D B | A | A D B | A | A |
| 9753615211 | XX | XX | XX | Georgia | 4/XX/2025 | Secondary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214749525 | XX | XX | XX | Georgia | 4/XX/2025 | Primary | Purchase A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 9796096726 | XX | XX | XX | Colorado | 5/XX/2025 | Primary | Purchase A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 9738445064 | XX | XX | XX | Maryland | 5/XX/2025 | Primary | Purchase A | A C D | C | A C D | C | A C D | C | A C D | C | A C D | C | A |
| 214766040 | XX | XX | XX | Maryland | 4/XX/2025 | Investor | Purchase A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| 9790185087 | XX | XX | XX | Maine | 3/XX/2025 | Primary | Cash Out A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 9768878218 | XX | XX | XX | Oregon | 5/XX/2025 | Primary | Purchase A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 9774103098 | XX | XX | XX | Washington | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9784889652 | XX | XX | XX | Oregon | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214796609 | XX | XX | XX | Florida | 4/XX/2025 | Secondary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9735530157 | XX | XX | XX | Texas | 5/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9773805438 | XX | XX | XX | Ohio | 4/XX/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9739560242 | XX | XX | XX | Texas | 5/XX/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A D |
| 214762593 | XX | XX | XX | Florida | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9793677858 | XX | XX | XX | Missouri | 5/XX/2025 | Primary | Purchase B | A C B | C | A C B | C | A C B | C | A C B | C | A C B | C | A |
| 9791367361 | XX | XX | XX | New York | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9784557754 | XX | XX | XX | Arizona | 5/XX/2025 | Primary | Cash Out A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 214732166 | XX | XX | XX | Georgia | 3/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214741290 | XX | XX | XX | Massachusetts | 4/XX/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9747261791 | XX | XX | XX | Ohio | 4/XX/2025 | Primary | Purchase B | A C B D | C | A C B D | C | A C B D | C | A C B D | C | A C B D | C | A |
| 214719916 | XX | XX | XX | Georgia | 4/XX/2025 | Secondary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9763259885 | XX | XX | XX | North Carolina | 5/XX/2025 | Primary | Cash Out A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 9755572998 | XX | XX | XX | Arizona | 4/XX/2025 | Primary | Purchase A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 9785666687 | XX | XX | XX | Oregon | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9753515171 | XX | XX | XX | California | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 214772329 | XX | XX | XX | Tennessee | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9761774653 | XX | XX | XX | Michigan | 5/XX/2025 | Primary | Purchase B | A B | A | A B | A | A B | A | A B | A | A B | A | A |
| 9721336676 | XX | XX | XX | Florida | 5/XX/2025 | Primary | Purchase B | A B | A | A B | A | A B | A | A B | A | A B | A | A |
| 9724496048 | XX | XX | XX | Pennsylvania | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9795093997 | XX | XX | XX | Ohio | 4/XX/2025 | Primary | Cash Out A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 9768996911 | XX | XX | XX | Arizona | 4/XX/2025 | Primary | Purchase B | A D B | A | A D B | A | A D B | A | A D B | A | A D B | A | A |
| 9713797208 | XX | XX | XX | California | 4/XX/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 9771269223 | XX | XX | XX | Georgia | 4/XX/2025 | Primary | Purchase A | A D | D | A D | D | A D | D | A D | D | A D | D | A |
| 9716172078 | XX | XX | XX | Georgia | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214800393 | XX | XX | XX | Alabama | 4/XX/2025 | Investor | Refinance A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9737440959 | XX | XX | XX | Texas | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214795908 | XX | XX | XX | Arkansas | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9717639588 | XX | XX | XX | Pennsylvania | 4/XX/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9716724985 | XX | XX | XX | Massachusetts | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9724527800 | XX | XX | XX | New York | 5/XX/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 9740424198 | XX | XX | XX | California | 5/XX/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 214664054 | XX | XX | XX | California | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9748855187 | XX | XX | XX | California | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214853327 | XX | XX | XX | Florida | 4/XX/2025 | Secondary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214802159 | XX | XX | XX | Oklahoma | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214819971 | XX | XX | XX | New Hampshire | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9746702514 | XX | XX | XX | Texas | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9734558183 | XX | XX | XX | New York | 4/XX/2025 | Investor | Refinance A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| 9765541173 | XX | XX | XX | Texas | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9706753028 | XX | XX | XX | Texas | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9716819058 | XX | XX | XX | California | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9716081295 | XX | XX | XX | Florida | 4/XX/2025 | Primary | Purchase B | A B | A | A B | A | A B | A | A B | A | A B | A | A |
| 9711507542 | XX | XX | XX | Illinois | 5/XX/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 9727975139 | XX | XX | XX | Oregon | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9790648035 | XX | XX | XX | Pennsylvania | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9765452512 | XX | XX | XX | Georgia | 5/XX/2025 | Primary | Refinance A | A | A | A | A | A | A | A | A | A | A | A |
| 214857443 | XX | XX | XX | New Jersey | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9709314984 | XX | XX | XX | Florida | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214827461 | XX | XX | XX | Pennsylvania | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9798626991 | XX | XX | XX | Utah | 4/XX/2025 | Primary | Refinance A | A D | D | A D | D | A D | D | A D | D | A D | D | A |
| 9784032089 | XX | XX | XX | Florida | 4/XX/2025 | Primary | Cash Out B | A C B | C | A D C B | C | A D C B | C | A D C B | C | A D C B | C | A D |
| 9711722364 | XX | XX | XX | Texas | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9739255413 | XX | XX | XX | Washington | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214701138 | XX | XX | XX | Florida | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9788656255 | XX | XX | XX | Texas | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9752987421 | XX | XX | XX | Florida | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214767709 | XX | XX | XX | California | 3/XX/2025 | Primary | Cash Out A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 214830382 | XX | XX | XX | Indiana | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9775071658 | XX | XX | XX | South Carolina | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9793830382 | XX | XX | XX | Indiana | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9794305046 | XX | XX | XX | Maryland | 4/XX/2025 | Secondary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 9789523272 | XX | XX | XX | Pennsylvania | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214657454 | XX | XX | XX | New Hampshire | 3/XX/2025 | Primary | Cash Out A | A D | A | A D | A | A D | A | A D | A | A D | A | A D |
| 9738794313 | XX | XX | XX | Georgia | 4/XX/2025 | Secondary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 215061722 | XX | XX | XX | Florida | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9705366111 | XX | XX | XX | Washington | 4/XX/2025 | Investor | Purchase A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| 9779433706 | XX | XX | XX | Louisiana | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214866220 | XX | XX | XX | South Carolina | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9783349534 | XX | XX | XX | Texas | 5/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9776599186 | XX | XX | XX | Texas | 5/XX/2025 | Primary | Refinance A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 9760814807 | XX | XX | XX | South Carolina | 4/XX/2025 | Primary | Refinance A | A | A | A | A | A | A | A | A | A | A | A |
| 9789788420 | XX | XX | XX | Louisiana | 4/XX/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 214780413 | XX | XX | XX | South Carolina | 4/XX/2025 | Secondary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9718928972 | XX | XX | XX | Georgia | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9751268070 | XX | XX | XX | Michigan | 4/XX/2025 | Investor | Purchase A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| 9784187404 | XX | XX | XX | Washington | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9733266275 | XX | XX | XX | California | 4/XX/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 9757353389 | XX | XX | XX | Connecticut | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9757662102 | XX | XX | XX | Alaska | 4/XX/2025 | Primary | Purchase A | A C D | C | A C D | C | A C D | C | A C D | C | A C D | C | A |
| 214825283 | XX | XX | XX | Indiana | 3/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214852683 | XX | XX | XX | Alabama | 4/XX/2025 | Primary | Refinance A | A | A | A | A | A | A | A | A | A | A | A |
| 9783621247 | XX | XX | XX | Washington | 5/XX/2025 | Primary | Cash Out B | A D B | A | A D B | A | A D B | A | A D B | A | A D B | A | A |
| 9734133227 | XX | XX | XX | Florida | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9717847058 | XX | XX | XX | New York | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 215051665 | XX | XX | XX | California | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214814402 | XX | XX | XX | Massachusetts | 4/XX/2025 | Investor | Purchase B | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable |
| 9708447116 | XX | XX | XX | Texas | 5/XX/2025 | Primary | Purchase A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 9793369480 | XX | XX | XX | California | 4/XX/2025 | Primary | Refinance B | A D B | D | A D B | D | A D B | D | A D B | D | A D B | D | A |
| 214705956 | XX | XX | XX | California | 3/XX/2025 | Primary | Purchase A | A C D | C | A C D | C | A C D | C | A C D | C | A C D | C | A |
| 9778347857 | XX | XX | XX | Georgia | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9716235891 | XX | XX | XX | California | 4/XX/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 9734469902 | XX | XX | XX | Texas | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9771965994 | XX | XX | XX | Florida | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9710691404 | XX | XX | XX | Florida | 4/XX/2025 | Primary | Purchase A | A D | D | A D | D | A D | D | A D | D | A D | D | A |
| 9743055221 | XX | XX | XX | Utah | 3/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214879736 | XX | XX | XX | Tennessee | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9713401280 | XX | XX | XX | California | 5/XX/2025 | Primary | Purchase A | A C D | C | A C D | C | A C D | C | A C D | C | A C D | C | A |
| 9760088345 | XX | XX | XX | Georgia | 4/XX/2025 | Primary | Cash Out A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 214848053 | XX | XX | XX | Texas | 5/XX/2025 | Primary | Purchase B | A B | A | A B | A | A B | A | A B | A | A B | A | A |
| 9723043353 | XX | XX | XX | Illinois | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214814501 | XX | XX | XX | Massachusetts | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9798156999 | XX | XX | XX | California | 4/XX/2025 | Investor | Refinance A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| 213778855 | XX | XX | XX | New York | 3/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214776569 | XX | XX | XX | Arizona | 3/XX/2025 | Secondary | Refinance A | A | A | A | A | A | A | A | A | A | A | A |
| 9747012376 | XX | XX | XX | Texas | 5/XX/2025 | Primary | Purchase B | A C B | C | A C B | C | A C B | C | A C B | C | A C B | C | A |
| 9782774088 | XX | XX | XX | North Carolina | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214711020 | XX | XX | XX | Washington D.C. | 3/XX/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9755173375 | XX | XX | XX | Florida | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9778224932 | XX | XX | XX | California | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214724239 | XX | XX | XX | North Carolina | 3/XX/2025 | Investor | Refinance A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9736568438 | XX | XX | XX | Florida | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9746929729 | XX | XX | XX | California | 5/XX/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 9755038875 | XX | XX | XX | Texas | 5/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9758472410 | XX | XX | XX | Pennsylvania | 4/XX/2025 | Primary | Refinance A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 214672974 | XX | XX | XX | Michigan | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214699142 | XX | XX | XX | Maryland | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9785143828 | XX | XX | XX | Pennsylvania | 4/XX/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9786068495 | XX | XX | XX | Florida | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9749196599 | XX | XX | XX | Georgia | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9749940483 | XX | XX | XX | California | 4/XX/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 9795963561 | XX | XX | XX | California | 5/XX/2025 | Primary | Purchase A | A D | D | A D | D | A D | D | A D | D | A D | D | A |
| 9788765205 | XX | XX | XX | Arizona | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9772756152 | XX | XX | XX | Florida | 5/XX/2025 | Investor | Purchase A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| 9761738203 | XX | XX | XX | Michigan | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214720203 | XX | XX | XX | Florida | 3/XX/2025 | Primary | Purchase A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 9768157282 | XX | XX | XX | New York | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9783883524 | XX | XX | XX | Georgia | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 215060948 | XX | XX | XX | South Carolina | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9713322684 | XX | XX | XX | Kentucky | 5/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9734525828 | XX | XX | XX | Michigan | 4/XX/2025 | Investor | Purchase A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| 9784769680 | XX | XX | XX | Georgia | 5/XX/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9725754825 | XX | XX | XX | North Carolina | 4/XX/2025 | Investor | Cash Out A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| 9707122843 | XX | XX | XX | Florida | 3/XX/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 9704530147 | XX | XX | XX | Florida | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9751511164 | XX | XX | XX | New Jersey | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 214297178 | XX | XX | XX | Virginia | 3/XX/2025 | Primary | Purchase A | A D | D | A D | D | A D | D | A D | D | A D | D | A |
| 9781948865 | XX | XX | XX | Florida | 4/XX/2025 | Primary | Purchase A | A D | D | A D | D | A D | D | A D | D | A D | D | A |
| 9737782624 | XX | XX | XX | Missouri | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9766008529 | XX | XX | XX | Missouri | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9782091210 | XX | XX | XX | Tennessee | 5/XX/2025 | Primary | Purchase A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 214778037 | XX | XX | XX | Virginia | 4/XX/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214772485 | XX | XX | XX | Florida | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9791947550 | XX | XX | XX | Georgia | 3/XX/2025 | Primary | Purchase A | A D | D | A D | D | A D | D | A D | D | A D | D | A |
| 214554313 | XX | XX | XX | South Carolina | 4/XX/2025 | Primary | Purchase A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 214806804 | XX | XX | XX | South Carolina | 4/XX/2025 | Secondary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9731755766 | XX | XX | XX | Washington | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214694689 | XX | XX | XX | North Carolina | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9786355918 | XX | XX | XX | Florida | 4/XX/2025 | Secondary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 215022831 | XX | XX | XX | Massachusetts | 5/XX/2025 | Secondary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9782379029 | XX | XX | XX | Florida | 5/XX/2025 | Secondary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214635468 | XX | XX | XX | Alabama | 4/XX/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214825846 | XX | XX | XX | Virginia | 4/XX/2025 | Secondary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9761798470 | XX | XX | XX | Florida | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9773935292 | XX | XX | XX | New York | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9744581027 | XX | XX | XX | California | 4/XX/2025 | Investor | Refinance B | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable |
| 9776087604 | XX | XX | XX | Oregon | 4/XX/2025 | Investor | Cash Out A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| 9710559551 | XX | XX | XX | Connecticut | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9732164620 | XX | XX | XX | New York | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9779938175 | XX | XX | XX | Arizona | 4/XX/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9759942924 | XX | XX | XX | California | 5/XX/2025 | Primary | Purchase B | A D B | A | A D B | A | A D B | A | A D B | A | A D B | A | A D |
| 215024449 | XX | XX | XX | North Carolina | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 215070756 | XX | XX | XX | California | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214729006 | XX | XX | XX | California | 3/XX/2025 | Primary | Cash Out A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 214726150 | XX | XX | XX | California | 3/XX/2025 | Secondary | Purchase A | A D | D | A D | D | A D | D | A D | D | A D | D | A |
| 214833154 | XX | XX | XX | Minnesota | 5/XX/2025 | Primary | Refinance A | A | A | A | A | A | A | A | A | A | A | A |
| 9728156937 | XX | XX | XX | Utah | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9714336204 | XX | XX | XX | North Carolina | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9712455519 | XX | XX | XX | Maryland | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9747619105 | XX | XX | XX | California | 4/XX/2025 | Primary | Cash Out A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 9712539767 | XX | XX | XX | Massachusetts | 4/XX/2025 | Primary | Purchase A | A D | D | A D | D | A D | D | A D | D | A D | D | A |
| 9757326880 | XX | XX | XX | Arkansas | 4/XX/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 9707463767 | XX | XX | XX | Colorado | 5/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9712612275 | XX | XX | XX | New York | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9777417313 | XX | XX | XX | Texas | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9793943425 | XX | XX | XX | South Carolina | 5/XX/2025 | Primary | Refinance A | A | A | A | A | A | A | A | A | A | A | A |
| 214879785 | XX | XX | XX | Tennessee | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9794074790 | XX | XX | XX | Louisiana | 4/XX/2025 | Primary | Purchase A | A C D | C | A C D | C | A C D | C | A C D | C | A C D | C | A |
| 9758133442 | XX | XX | XX | Michigan | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9787680553 | XX | XX | XX | California | 5/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9750830037 | XX | XX | XX | Texas | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214830408 | XX | XX | XX | Massachusetts | 5/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9755031078 | XX | XX | XX | California | 4/XX/2025 | Primary | Cash Out B | A D B | A | A D B | A | A D B | A | A D B | A | A D B | A | A |
| 9795376350 | XX | XX | XX | Utah | 5/XX/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 9791102602 | XX | XX | XX | Kentucky | 4/XX/2025 | Secondary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9748441335 | XX | XX | XX | Arizona | 4/XX/2025 | Investor | Cash Out A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| 9711239393 | XX | XX | XX | California | 5/XX/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 214859613 | XX | XX | XX | Ohio | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9772304912 | XX | XX | XX | New York | 4/XX/2025 | Primary | Purchase A | A C D | C | A C D | C | A C D | C | A C D | C | A C D | C | A |
| 214780215 | XX | XX | XX | Texas | 4/XX/2025 | Investor | Purchase A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| 214634735 | XX | XX | XX | Maryland | 2/XX/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 215025131 | XX | XX | XX | Pennsylvania | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9785394678 | XX | XX | XX | California | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9781009445 | XX | XX | XX | California | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9772000619 | XX | XX | XX | Mississippi | 5/XX/2025 | Primary | Refinance A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 214732356 | XX | XX | XX | North Carolina | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9757912069 | XX | XX | XX | Utah | 4/XX/2025 | Primary | Refinance A | A | A | A | A | A | A | A | A | A | A | A |
| 9744851784 | XX | XX | XX | California | 5/XX/2025 | Investor | Purchase A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| 9711828765 | XX | XX | XX | California | 5/XX/2025 | Primary | Purchase A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 214728081 | XX | XX | XX | Texas | 4/XX/2025 | Investor | Refinance A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9706581460 | XX | XX | XX | California | 4/XX/2025 | Primary | Refinance B | A D B | A | A D B | A | A D B | A | A D B | A | A D B | A | A D |
| 9730545390 | XX | XX | XX | Alabama | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9762269232 | XX | XX | XX | Texas | 4/XX/2025 | Primary | Purchase B A | B A D | D | B A D | D | B A D | D | B A D | D | B A D | D | B A |
| 214740722 | XX | XX | XX | South Dakota | 3/XX/2025 | Primary | Purchase B | A D B | A | A D B | A | A D B | A | A D B | A | A D B | A | A D |
| 9707521275 | XX | XX | XX | North Carolina | 4/XX/2025 | Primary | Purchase A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 9793580219 | XX | XX | XX | Michigan | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9726411151 | XX | XX | XX | New York | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9751892259 | XX | XX | XX | Arizona | 3/XX/2025 | Investor | Cash Out A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| 214673816 | XX | XX | XX | Texas | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214679151 | XX | XX | XX | California | 3/XX/2025 | Primary | Cash Out A | A D | A | A D | A | A D | A | A D | A | A D | A | A D |
| 9771216810 | XX | XX | XX | Washington | 4/XX/2025 | Primary | Cash Out A | A C | A | A C | A | A C | A | A C | A | A C | A | A |
| 9725559976 | XX | XX | XX | Oregon | 5/XX/2025 | Primary | Cash Out B | A B | A | A B | A | A B | A | A B | A | A B | A | A |
| 214622334 | XX | XX | XX | South Carolina | 3/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9736173080 | XX | XX | XX | Nevada | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9731798188 | XX | XX | XX | Georgia | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9798010733 | XX | XX | XX | California | 5/XX/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 214852568 | XX | XX | XX | Virginia | 4/XX/2025 | Primary | Refinance A | A | A | A | A | A | A | A | A | A | A | A |
| 9754271063 | XX | XX | XX | South Carolina | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9761845735 | XX | XX | XX | New Jersey | 4/XX/2025 | Primary | Cash Out B | A C B | A | A C B | A | A C B | A | A C B | A | A C B | A | A |
| 9738490359 | XX | XX | XX | Arizona | 4/XX/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9733003884 | XX | XX | XX | Tennessee | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9781770988 | XX | XX | XX | Georgia | 4/XX/2025 | Primary | Refinance A | A | A | A | A | A | A | A | A | A | A | A |
| 214832073 | XX | XX | XX | Nevada | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9705151257 | XX | XX | XX | New York | 4/XX/2025 | Primary | Cash Out A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 9777319691 | XX | XX | XX | Texas | 5/XX/2025 | Primary | Purchase A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 9727472079 | XX | XX | XX | California | 4/XX/2025 | Primary | Refinance A | A | A | A | A | A | A | A | A | A | A | A |
| 9796173160 | XX | XX | XX | New Jersey | 5/XX/2025 | Investor | Purchase A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| 9773724381 | XX | XX | XX | Texas | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214826935 | XX | XX | XX | Florida | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 214864464 | XX | XX | XX | California | 4/XX/2025 | Primary | Purchase A | A C D | C | A C D | C | A C D | C | A C D | C | A C D | C | A |
| 9762792472 | XX | XX | XX | California | 4/XX/2025 | Primary | Refinance A | A | A | A | A | A | A | A | A | A | A | A |
| 9746448571 | XX | XX | XX | Ohio | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9782156179 | XX | XX | XX | Colorado | 4/XX/2025 | Primary | Purchase B | A D B | A | A D B | A | A D B | A | A D B | A | A D B | A | A |
| 9735957566 | XX | XX | XX | South Carolina | 5/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9708047171 | XX | XX | XX | Kentucky | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9727334477 | XX | XX | XX | Florida | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9704917500 | XX | XX | XX | Connecticut | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9733047485 | XX | XX | XX | Oregon | 4/XX/2025 | Primary | Purchase B | A D B | A | A D B | A | A D B | A | A D B | A | A D B | A | A |
| 9745022302 | XX | XX | XX | Texas | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9718116016 | XX | XX | XX | Michigan | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9792555212 | XX | XX | XX | New York | 5/XX/2025 | Investor | Refinance A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9725549928 | XX | XX | XX | Florida | 5/XX/2025 | Secondary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214803728 | XX | XX | XX | Massachusetts | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9717727177 | XX | XX | XX | Arizona | 5/XX/2025 | Primary | Refinance A | A D | D | A D | D | A D | D | A D | D | A D | D | A |
| 9787422089 | XX | XX | XX | Colorado | 5/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9778156662 | XX | XX | XX | Florida | 5/XX/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 215008475 | XX | XX | XX | Florida | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9738199208 | XX | XX | XX | Connecticut | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9762008713 | XX | XX | XX | California | 4/XX/2025 | Primary | Refinance A | A | A | A | A | A | A | A | A | A | A | A |
| 9734484737 | XX | XX | XX | Georgia | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214741340 | XX | XX | XX | Florida | 3/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214708067 | XX | XX | XX | Florida | 4/XX/2025 | Primary | Cash Out A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 9791218713 | XX | XX | XX | Georgia | 5/XX/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9760963455 | XX | XX | XX | Florida | 4/XX/2025 | Secondary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9717470695 | XX | XX | XX | North Carolina | 5/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9793395345 | XX | XX | XX | Georgia | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214687972 | XX | XX | XX | Florida | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214724353 | XX | XX | XX | New Hampshire | 3/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9725517156 | XX | XX | XX | California | 5/XX/2025 | Investor | Cash Out B | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable |
| 214864555 | XX | XX | XX | Texas | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9765766960 | XX | XX | XX | Florida | 4/XX/2025 | Primary | Purchase B | A C B D | C | A C B D | C | A C B D | C | A C B D | C | A C B D | C | A |
| 9707573698 | XX | XX | XX | Louisiana | 5/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9725064506 | XX | XX | XX | New York | 5/XX/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9753441212 | XX | XX | XX | Florida | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9709466982 | XX | XX | XX | Idaho | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 215020793 | XX | XX | XX | Indiana | 5/XX/2025 | Investor | Purchase A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| 9755690600 | XX | XX | XX | Utah | 4/XX/2025 | Primary | Refinance A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 9756249612 | XX | XX | XX | New York | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9707986379 | XX | XX | XX | South Carolina | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9731466364 | XX | XX | XX | Arizona | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 214710808 | XX | XX | XX | California | 3/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9766265939 | XX | XX | XX | Pennsylvania | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9743827876 | XX | XX | XX | Texas | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9730296846 | XX | XX | XX | Florida | 5/XX/2025 | Primary | Refinance A | A | A | A | A | A | A | A | A | A | A | A |
| 9788470442 | XX | XX | XX | California | 4/XX/2025 | Primary | Refinance B | A B | A | A B | A | A B | A | A B | A | A B | A | A |
| 215009259 | XX | XX | XX | California | 4/XX/2025 | Investor | Purchase A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| 9730843761 | XX | XX | XX | North Carolina | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9731665007 | XX | XX | XX | Texas | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214756850 | XX | XX | XX | Texas | 4/XX/2025 | Primary | Refinance B | A B | A | A B | A | A B | A | A B | A | A B | A | A |
| 9763977346 | XX | XX | XX | California | 4/XX/2025 | Investor | Purchase B | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable |
| 214724833 | XX | XX | XX | South Carolina | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9713242700 | XX | XX | XX | Maryland | 4/XX/2025 | Primary | Purchase B | A C B | C | A C B | C | A C B | C | A C B | C | A C B | C | A |
| 9721089713 | XX | XX | XX | Pennsylvania | 5/XX/2025 | Primary | Purchase A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 9780699857 | XX | XX | XX | California | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9723278454 | XX | XX | XX | Florida | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214831448 | XX | XX | XX | North Carolina | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 214689580 | XX | XX | XX | New York | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9760008921 | XX | XX | XX | Florida | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9717027487 | XX | XX | XX | Tennessee | 5/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9743077860 | XX | XX | XX | Virginia | 5/XX/2025 | Primary | Purchase B | A B | A | A B | A | A B | A | A B | A | A B | A | A |
| 214814766 | XX | XX | XX | New York | 4/XX/2025 | Primary | Cash Out A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| 9719091663 | XX | XX | XX | Washington | 4/XX/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 9767903561 | XX | XX | XX | Massachusetts | 4/XX/2025 | Primary | Cash Out A | A C | A | A C | A | A C | A | A C | A | A C | A | A |
| 9721717768 | XX | XX | XX | Washington | 5/XX/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 9783564181 | XX | XX | XX | Arizona | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 214807588 | XX | XX | XX | Florida | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9744528911 | XX | XX | XX | Washington | 5/XX/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 9730234417 | XX | XX | XX | Texas | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9738329771 | XX | XX | XX | Illinois | 4/XX/2025 | Primary | Purchase B | A C B | C | A C B | C | A C B | C | A C B | C | A C B | C | A |
| 214839573 | XX | XX | XX | Wisconsin | 4/XX/2025 | Secondary | Refinance A | A | A | A | A | A | A | A | A | A | A | A |
| 9751115370 | XX | XX | XX | Texas | 4/XX/2025 | Primary | Purchase B | A C B | C | A C B | C | A C B | C | A C B | C | A C B | C | A |
| 9788961176 | XX | XX | XX | Virginia | 4/XX/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| 9727178304 | XX | XX | XX | California | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9742549919 | XX | XX | XX | Florida | 4/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9710957169 | XX | XX | XX | Maryland | 4/XX/2025 | Investor | Purchase A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| 214815839 | XX | XX | XX | California | 4/XX/2025 | Primary | Purchase A | A C D | C | A C D | C | A C D | C | A C D | C | A C D | C | A |
| 214658882 | XX | XX | XX | Florida | 3/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9706219327 | XX | XX | XX | Georgia | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9713047885 | XX | XX | XX | Florida | 4/XX/2025 | Investor | Cash Out A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| 214811481 | XX | XX | XX | Massachusetts | 4/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9794804733 | XX | XX | XX | Ohio | 5/XX/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 9789718526 | XX | XX | XX | Florida | 5/XX/2025 | Primary | Refinance A | A | A | A | A | A | A | A | A | A | A | A |
| 9771585859 | XX | XX | XX | New York | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9798841137 | XX | XX | XX | North Carolina | 5/XX/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 9748539567 | XX | XX | XX | Texas | 5/XX/2025 | Investor | Purchase A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| 9711411224 | XX | XX | XX | Florida | 5/XX/2025 | Secondary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |

---

## Exhibit 99.2

**Exhibit 99.2 Schedule 3**

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Data Compare** | **Data Compare** | **Data Compare** |  |  |  |  |  |  |  |  |
| Loan ID | **Infinity Loan ID** | **Loan Number** | **Loan Number 2** | **Field** | **Loan Value** | **Tape Value** | **Variance** | **Variance %** | **Comment** | **Tape Source** |
| 214634735 | XX | XX |  | Residual Income | $4932.13 | $4765.23 | $166.90 | 3.50245% | Total verified monthly income equals $10,132.78, monthly PITIA equals $1,404.20 and all other debts equal $3,796.45. Residual income is $4,932.13. | Initial |
| 214664054 | XX | XX |  | Residual Income | $6876.57 | $6239.37 | $637.20 | 10.21256% | Total verified monthly income equals $15,226.01, monthly PITIA equals $4,253.23 and all other debts equal $4,096.21. Residual income is $6,876.57. | Initial |
| 214673816 | XX | XX |  | Residual Income | $30070.38 | $34948.87 | $-4878.49 | -13.95893% | Total verified monthly income equals $43,516.46, monthly PITIA equals $13,300.08 and all other debts equal $146.00. Residual income is $30,070.38. | Initial |
| 214702540 | XX | XX |  | Residual Income | $24734.16 | $43753.57 | $-19019.41 | -43.46939% | Total verified monthly income equals $38,232.08, monthly PITIA equals $10,729.78. and all other debts equal $2,768.14 Residual income is $24,734.16. | Initial |
| 214705956 | XX | XX |  | Residual Income | $13981.51 | $14936.25 | $-954.74 | -6.39209% | Total verified monthly income equals $25,005.19 , monthly PITIA equals $10,169.68 and all other debts equal $854.00. Residual income is $13,981.51. | Initial |
| 214732356 | XX | XX |  | Residual Income | $8472.07 | $7923.97 | $548.10 | 6.91698% | Total verified monthly income equals $14,429.44, monthly PITIA equals $1,005.29 and all other debts equal $4,952.08. Residual income is $8,472.07. | Initial |
| 214773673 | XX | XX |  | Residual Income | $11370.22 | $10981.07 | $389.15 | 3.54382% | Total verified monthly income equals $21,486.9, monthly PITIA equals $7,715.68 and all other debts equal $2,401.00. Residual income is $11,370.22. | Initial |
| 214779076 | XX | XX |  | Residual Income | $62282.12 | $55723.27 | $6558.85 | 11.77039% | Total verified monthly income equals $85,022.02, monthly PITIA equals $7,626.9 and all other debts equal $15,113.00. Residual income is $62,282.12. | Initial |
| 214792954 | XX | XX |  | Original Appraised Value | XX | XX | XX | -4.19161% | The Appraisal dated 2/XX/2025 reflects Original Appraised Value as $XX. | Initial |
| 214792954 | XX | XX |  | Original CLTV Ratio Percent | 80.000% | 76.640% | 3.360% | 3.36000% | Collateral Value used for Underwriting: $XX. Amount of Secondary Lien(s): $0.00. Loan Amount: XX, CLTV = 80.00%. | Initial |
| 214792954 | XX | XX |  | Original Standard LTV (OLTV) | 80.000% | 76.640% | 3.360% | 3.36000% | Collateral Value used for Underwriting: $xx. Loan Amount: $xx, CLTV = 80.00%. | Initial |
| 214811481 | XX | XX |  | B1 Self-Employed? | No | Yes |  |  | The Final Application reflects B1 Self-Employed as No. | Initial |
| 214811481 | XX | XX |  | Residual Income | $36403.38 | $26895.57 | $9507.81 | 35.35084% | Total verified monthly income equals $51,530.34, monthly PITIA equals $14,930.96 and all other debts equal $196.00. Residual income is $36,403.38. | Initial |
| 214816357 | XX | XX |  | Residual Income | $32689.80 | $16060.47 | $16629.33 | 103.54198% | Total verified monthly income equals $41,729.17, monthly PITIA equals $7,993.37 and all other debts equal $1,046.00. Residual income is $32,689.8. | Initial |
| 214832073 | XX | XX |  | Residual Income | $-9639.99 | $-10144.71 | $504.72 | -4.97520% | Total verified monthly income equals $0.00, monthly PITIA equals $6,213.86 and all other debts equal $3,426.13. Residual income is -$9,639.99. | Initial |
| 214844078 | XX | XX |  | Residual Income | $27452.59 | $25816.25 | $1636.34 | 6.33841% | Total verified monthly income equals $33,128.67, monthly PITIA equals $5,636.08 and all other debts equal $40.00. Residual income is $27,452.59. | Initial |
| 214856783 | XX | XX |  | Residual Income | $125702.29 | $112695.99 | $13006.30 | 11.54104% | Total verified monthly income equals $160,676.40, monthly PITIA equals $21,845.60 and all other debts equal $13,128.51. Residual income is $125,702.29. | Initial |
| 214866220 | XX | XX |  | Residual Income | $5157.06 | $4912.72 | $244.34 | 4.97361% | Total verified monthly income equals $9,863.51, monthly PITIA equals $3,663.62 and all other debts equal $1,042.83. Residual income is $5,157.06. | Initial |
| 214879736 | XX | XX |  | Residual Income | $5554.96 | $5358.64 | $196.32 | 3.66361% | Total verified monthly income equals $11,790.34, monthly PITIA equals $4,042.83 and all other debts equal $2,192.55. Residual income is $5,554.96. | Initial |
| 215008475 | XX | XX |  | Residual Income | $57765.37 | $54865.25 | $2900.12 | 5.28589% | Total verified monthly income equals $78,348.43, monthly PITIA equals $8,613.78 and all other debts equal $11,969.28. Residual income is $57,765.37. | Initial |
| 9723278454 | XX | XX |  | Original Appraised Value | XX | XX | XX | 10.00000% | The Appraisal dated 3/XX/2025 reflects Original Appraised Value as $XX. | Initial |
| 9735530157 | XX | XX |  | Residual Income | $16987.26 | $13341.00 | $3646.26 | 27.33123% | Total verified monthly income equals $25,777.00, monthly PITIA equals $2,482.74 and all other debts equal $6,307.00. Residual income is $16,987.26. | Initial |
| 9740424198 | XX | XX |  | Residual Income | $17030.31 | $19515.39 | $-2485.08 | -12.73394% | Total verified monthly income equals $29,473.00, monthly PITIA equals $6,901.69 and all other debts equal $5,541.00. Residual income is $17,030.31. | Initial |
| 9748469013 | XX | XX |  | Residual Income | $16021.51 | $15538.26 | $483.25 | 3.11006% | Total verified monthly income equals $26,197.05, monthly PITIA equals $5,987.54 and all other debts equal $4,188.00. Residual income is $16,021.51. | Initial |
| 9749196599 | XX | XX |  | Residual Income | $-14851.83 | $-16891.06 | $2039.23 | -12.07283% | Total verified monthly income equals $0.00, monthly PITIA equals $8,443.83 and all other debts equal $6,408.00. Residual income is -$14,851.83. | Initial |
| 9753615211 | XX | XX |  | Residual Income | $-10446.90 | $-8229.85 | $-2217.05 | 26.93913% | Total verified monthly income equals $0.00, monthly PITIA equals $2,918.95 and all other debts equal $7,527.95. Residual income is ($10,446.9). | Initial |
| 9776087604 | XX | XX |  | Residual Income | $13322.36 | $12746.07 | $576.29 | 4.52131% | Total verified monthly income equals $25,160.00, monthly PITIA equals $7,174.08 and all other debts equal $4,663.56. Residual income is $13,322.36. | Initial |
| 9776804545 | XX | XX |  | Original Appraised Value | XX | XX | XX | 3.65591% | The Appraisal dated 3/XX/2025 reflects Original Appraised Value as $XX. | Initial |
| 9777319691 | XX | XX |  | Property City | XX | XX |  |  | The Note dated 5/XX/2025 reflects Property City as XX. | Initial |
| 9782379029 | XX | XX |  | Residual Income | $17122.98 | $16375.24 | $747.74 | 4.56628% | Total verified monthly income equals $33,193.81, monthly PITIA equals $7,735.28 and all other debts equal $8,335.55. Residual income is $17,122.98. | Initial |
| 9791947550 | XX | XX |  | Residual Income | $-8885.64 | $-7010.64 | $-1875.00 | 26.74506% | Total verified monthly income equals $0.00, monthly PITIA equals $3,057.64 and all other debts equal $5,828.00. Residual income is $8,885.64. | Initial |
| 9798933959 | XX | XX |  | Residual Income | $10489.55 | $8791.55 | $1698.00 | 19.31400% | Total verified monthly income equals $13,593.75, monthly PITIA equals $2,731.20 and all other debts equal $373.00. Residual income is $10,489.55. | Initial |

---

## Exhibit 99.2

**Exhibit 99.2 Schedule 4**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan ID | **Infinity Loan ID** | **Loan Number** | **Loan Number 2** | **Borrower Name** | **State** | **QM/ATR Status** | **Initial Overall Loan Grade** | **Final Overall Grade** | **Final Credit Grade** | **Final Property Grade** | **Final Compliance Grade** | **Material (level 3) TRID exception?** | **Material (level 3) Non-TRID exception?** | **Active Material Exceptions** | **Active Non Material Exceptions** | **Satisfied Exceptions** | **Waived Exceptions** | **Compensating Factors** | **Property Type** | **Note Date** | **LTV** | **CLTV** | **Occupancy** | **Purpose** | **Credit Score** | **Brwr 1 Yrs in Property** | **Brwr 1 Occupation** | **Brwr 1 Yrs on Job** | **Total Monthly Income** | **Mortgage History** | **Cash Out Amount** | **DTI** | **FTHB Flag** | **Loan Doc Type** | **Loan Status** | **Review Date** |
| 213778855 | XX | XX |  | XX | New York | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 03/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 721 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 214297178 | XX | XX |  | XX | Virginia | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Missing or error on the Rate Lock Document - EV R<br> COMMENT: Rate lock expiration the before closing refer page#1853. Closing date 03/XX/2025 and Rate lock expiration date 03/XX/2025.<br>Resolved 05/XX/2025: Received Rate Lock Confirmation Document and exception is cleared. |  |  | PUD | 03/XX/2025 | 32.653% | 32.653% | Primary | Purchase | 784 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 04/XX/2025 |
| 214508285 | XX | XX |  | XX | New York | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Co-op | 04/XX/2025 | 70.000% | 70.000% | Primary | Purchase | 788 |  | XX | 8.92 | $8333.33 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 27.354% | Yes | Full Documentation | QC Complete | 05/XX/2025 |
| 214554313 | XX | XX |  | XX | South Carolina | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.516% Allowed 8.160% Overby +1.356%.<br>This loan is compliant with regulation 1026.35. |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 677 |  | XX | 11.5 | $61450.95 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 8.746% | No | Alternative | QC Complete | 05/XX/2025 |
| 214558595 | XX | XX |  | XX | Connecticut | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 03/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 758 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 03/XX/2025 |
| 214590069 | XX | XX |  | XX | North Carolina | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Borrower qualified with 24-month bank statement income, provide updated Loan Scorecard with change in program from Smart Edge Asset Qualifier to Smart Self 30 Yr Fixed.<br>Resolved 04/XX/2025 : Received loan scorecard with updated Loan program , condition resolved. |  |  | PUD | 02/XX/2025 | 53.846% | 53.846% | Primary | Purchase | 800 |  | XX | 15.08 | $26820.97 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 47.127% | No | Alternative | QC Complete | 04/XX/2025 |
| 214622334 | XX | XX |  | XX | South Carolina | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 03/XX/2025 | 31.263% | 31.263% | Investor | Purchase | 779 |  | XX | 2.25 | $11311.17 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 32.690% | No | Full Documentation | QC Complete | 04/XX/2025 |
| 214634735 | XX | XX |  | XX | Maryland | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 02/XX/2025 | 75.000% | 75.000% | Investor | Cash Out | 736 |  | XX | 2.67 | $8770.96 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $39762.54 | 43.768% |  | Full Documentation | QC Complete | 04/XX/2025 |
| 214635468 | XX | XX |  | XX | Alabama | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | High Rise Condo (>=9 Stories) | 04/XX/2025 | 46.081% | 46.081% | Investor | Cash Out | 750 |  | XX | 14.91 | $8587.28 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $329086.37 | 44.929% |  | Full Documentation | QC Complete | 05/XX/2025 |
| 214657454 | XX | XX |  | XX | New Hampshire | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Completed "Subject To" w/o Compltn Cert in File - EV R<br> COMMENT: Missing 1004D appraisal subject to 'Owners obtaining a permit for the accessory unit.'<br>Resolved 05/XX/2025 - Received city Permit document for inspection, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Missing October and November 2024 bank statements for XX.<br>Resolved 05/XX/2025 - Received October and November month, condition resolved. |  |  | Single Family | 03/XX/2025 | 69.954% | 69.954% | Primary | Cash Out | 664 | 2 | XX | 9 | $11242.55 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $142962.54 | 47.116% |  | Alternative | QC Complete | 05/XX/2025 |
| 214658882 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | High Rise Condo (>=9 Stories) | 03/XX/2025 | 75.000% | 75.000% | Primary | Purchase | 758 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Full Documentation | QC Complete | 05/XX/2025 |
| 214664054 | XX | XX |  | XX | California | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 4 Family | 04/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 804 |  | XX | 3.5 | $11513.51 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 40.274% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 214672974 | XX | XX |  | XX | Michigan | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 745 |  | XX | 22.25 | $75557.09 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 48.990% | No | Alternative | QC Complete | 05/XX/2025 |
| 214673816 | XX | XX |  | XX | Texas | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 66.667% | 66.667% | Primary | Purchase | 780 |  | XX | 5.67 | $41016.46 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 30.899% | No | Full Documentation | QC Complete | 04/XX/2025 |
| 214679151 | XX | XX |  | XX | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Subject property is located in a FEMA designated disaster area (recent). - EV R<br> COMMENT: Property is located in FEMA disaster zone (California Wild fires and Straight-line Winds (XX) starting from Jan 7' 2025 to Jan 31'2025. Please provide a Post Disaster Inspection report.<br>Resolved 04/XX/2025 - Received Exterior disaster inspection report, condition resolved. |  |  | Low Rise Condo (1-4 Stories) | 03/XX/2025 | 76.027% | 76.027% | Primary | Cash Out | 705 | 6 | XX | 6 | $12969.72 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $70293.16 | 38.640% |  | Alternative | QC Complete | 04/XX/2025 |
| 214687170 | XX | XX |  | XX | Arizona | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 03/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 771 |  | XX | 44.25 | $29487.89 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 40.629% | Yes | Alternative | QC Complete | 04/XX/2025 |
| 214687972 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 45.946% | 45.946% | Primary | Purchase | 797 |  | XX | 2.33 | $40797.58 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 47.397% | No | Alternative | QC Complete | 06/XX/2025 |
| 214689580 | XX | XX |  | XX | New York | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 16.921% | 16.921% | Primary | Purchase | 772 |  | XX | 25.58 | $23523.46 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 29.515% | No | Alternative | QC Complete | 05/XX/2025 |
| 214694689 | XX | XX |  | XX | North Carolina | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 756 |  | XX | 5.16 | $26224.74 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 30.270% | Yes | Alternative | QC Complete | 04/XX/2025 |
| 214697062 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | High Rise Condo (>=9 Stories) | 04/XX/2025 | 77.475% | 77.475% | Primary | Refinance | 809 | 2.16 | XX | 9.25 | $436621.97 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 6.270% |  | Alternative | QC Complete | 05/XX/2025 |
| 214699142 | XX | XX |  | XX | Maryland | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 66.667% | 66.667% | Investor | Purchase | 765 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 214701138 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 69.053% | 69.053% | Primary | Purchase | 762 |  | XX | 8.75 | $17470.55 | Mos Reviewed:24<br> Times 1X30:1<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:30<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 42.476% | No | Alternative | QC Complete | 05/XX/2025 |
| 214702540 | XX | XX |  | XX | South Carolina | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 03/XX/2025 | 79.526% | 79.526% | Primary | Refinance | 775 | 0.58 | XX | 13.08 | $38232.08 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 35.305% |  | Full Documentation | QC Complete | 04/XX/2025 |
| 214703043 | XX | XX |  | XX | Texas | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 03/XX/2025 | 79.244% | 79.244% | Investor | Purchase | 725 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 214705956 | XX | XX |  | XX | California | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide a copy of title supplemental report.<br>Resolved- 04/XX/2025- Final title policy received, condition resolved.<br>\*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.488% Allowed 8.350% Overby +1.138%<br>This loan is compliant with regulation 1026.35<br>\*\*\* (CURED) State Higher Price Mortgage Loan - EV R<br> COMMENT: CA AB 260, California Financial Code Division 1.9 4995(a) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the California Financial Code.<br>CA AB 260 Higher-Priced Mortgage Loan Test: Charged 9.488% Allowed 8.350% Overby +1.138%<br>This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a). |  |  | Single Family | 03/XX/2025 | 90.000% | 90.000% | Primary | Purchase | 766 |  | XX | 5.5 | $25005.19 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 44.086% | No | Alternative | QC Complete | 04/XX/2025 |
| 214708067 | XX | XX |  | XX | Florida | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Hazard Insurance Coverage less than Loan Amount - EV R<br> COMMENT: Dwelling amount of $625,950.00 is not sufficient to cover loan amount $XX,Provide a copy of replacement cost of estimator.<br>Resolved 06/XX/2025 - Received Client response as dwelling reflects the estimated minimum replacement cost based on the use of our replacement cost estimator, condition resolved. |  |  | PUD | 04/XX/2025 | 72.292% | 72.292% | Primary | Cash Out | 712 | 1.08 | XX | 2.75 | $26175.08 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $8551.82 | 37.274% |  | Full Documentation | QC Complete | 05/XX/2025 |
| 214710808 | XX | XX |  | XX | California | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 03/XX/2025 | 70.000% | 70.000% | Primary | Cash Out | 672 | 44.5 | XX | 19.25 | $43993.21 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $228271.80 | 10.872% |  | Alternative | QC Complete | 04/XX/2025 |
| 214711020 | XX | XX |  | XX | Washington D.C. | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 03/XX/2025 | 57.783% | 57.783% | Investor | Cash Out | 789 |  | XX | 22.83 | $17577.73 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $130752.92 | 45.282% |  | Full Documentation | QC Complete | 05/XX/2025 |
| 214719353 | XX | XX |  | XX | Alabama | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 03/XX/2025 | 75.000% | 75.000% | Primary | Purchase | 799 |  | XX | 40.58 | $208495.83 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 12.620% | No | Full Documentation | QC Complete | 04/XX/2025 |
| 214719916 | XX | XX |  | XX | Georgia | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 70.000% | 70.000% | Secondary | Purchase | 696 |  | XX | 28.75 | $129709.80 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 11.982% | No | Alternative | QC Complete | 05/XX/2025 |
| 214720203 | XX | XX |  | XX | Florida | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.711% Allowed 8.350% Overby +0.361%<br>This loan is compliant with regulation 1026.35. |  |  | Single Family | 03/XX/2025 | 85.000% | 85.000% | Primary | Purchase | 780 |  | XX | 4.08 | $2906.81 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 21.343% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 214724239 | XX | XX |  | XX | North Carolina | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 03/XX/2025 | 79.625% | 79.625% | Investor | Refinance | 800 |  | XX | 14 | $58506.03 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 27.417% |  | Full Documentation | QC Complete | 04/XX/2025 |
| 214724353 | XX | XX |  | XX | New Hampshire | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 03/XX/2025 | 85.000% | 85.000% | Investor | Purchase | 743 |  | XX | 4.16 | $6250.01 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 43.837% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 214724833 | XX | XX |  | XX | South Carolina | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 65.424% | 65.424% | Primary | Purchase | 796 |  | XX | 13.92 | $7939.70 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 35.563% | No | Alternative | QC Complete | 06/XX/2025 |
| 214726150 | XX | XX |  | XX | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: The Preliminary Title does not reflect the amount of the proposed Lender's coverage.<br>Resolved 04/XX/2025 - Received ATLA loan policy with sufficient coverage.<br>\*\*\* (CURED) Revised Loan Estimate is missing - EV R<br> COMMENT: A revised Loan Estimate dated 02/XX/2025 is missing and required due to a change in the interest rate has been locked. Reference the change of circumstance form on page #910.<br>Resolved 04/XX/2025: Received Loan Estimate dated 3/XX/2025, COC dated 02/XX/2025 within 3 business days revised loan estimate received and exception is cleared. |  |  | Single Family | 03/XX/2025 | 80.000% | 80.000% | Secondary | Purchase | 784 |  | XX | 20.5 | $7972.17 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 48.941% | No | Full Documentation | QC Complete | 04/XX/2025 |
| 214728081 | XX | XX |  | XX | Texas | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 67.000% | 67.000% | Investor | Refinance | 775 |  | XX | 32.08 | $53431.56 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 33.142% |  | Alternative | QC Complete | 05/XX/2025 |
| 214729006 | XX | XX |  | XX | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide a copy of Title supplement report to cover the loan amount.<br>Resolved 05/XX/2025 - Received title supplement report, condition resolved. |  |  | Single Family | 03/XX/2025 | 66.237% | 66.237% | Primary | Cash Out | 704 | 0.5 | XX | 2.16 | $8638.74 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $33769.93 | 49.976% |  | Full Documentation | QC Complete | 05/XX/2025 |
| 214732166 | XX | XX |  | XX | Georgia | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 03/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 795 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 04/XX/2025 |
| 214732356 | XX | XX |  | XX | North Carolina | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 65.000% | 65.000% | Primary | Cash Out | 697 | 10 | XX | 6.08 | $14429.44 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $78361.50 | 41.286% |  | Full Documentation | QC Complete | 05/XX/2025 |
| 214740722 | XX | XX |  | XX | South Dakota | Non-QM/Compliant | 3 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Subject or Comp Photos are missing or illegible - EV R<br> COMMENT: Provide an updated appraisal report with a minimum of three comparable property photos.<br>Resolved 05/XX/2025 - Received appraisal report with 5 comparable, condition Resolved. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Borrower is living rent free less than 12 month history(Smart Edge Asset Qualifier). Does not have a prior 12 month housing payment history within the lat 3 years.<br>A copy of an exception approval letter is available in the loan file. | FICO: 797 FICO exceeds the guideline requirement of 660.<br>LTV: 80.00% LTV is less than the guideline requirement of 90.00%.<br>Reserves: The 422 months of available reserves are more than the guideline requirement of 3 months.<br>| Single Family | 03/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 797 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | Yes | Full Documentation | QC Complete | 05/XX/2025 |
| 214741290 | XX | XX |  | XX | Massachusetts | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 49.107% | 49.107% | Investor | Cash Out | 751 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $262629.61 |  |  | Alternative | QC Complete | 05/XX/2025 |
| 214741340 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 03/XX/2025 | 50.000% | 50.000% | Primary | Purchase | 699 |  | XX | 2.5 | $97136.04 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 13.872% | No | Alternative | QC Complete | 05/XX/2025 |
| 214743734 | XX | XX |  | XX | Texas | Non-QM/Compliant | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Loan was submitted > 15 days past note date. Loan was not seen by post closing in our LOS so it was not submitted to XX until 4/28. Note was immediately sent to XX after<br> closing. Loan is aged 26 days from time of delivery. <br>A copy of an exception approval letter is available in the loan file. | FICO: 774 FICO exceeds the guideline requirement of 720.<br>Reserves: The 337 months of available reserves are more than the guideline requirement of 6 months. | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 80.000% | 80.000% | Secondary | Purchase | 774 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 214743742 | XX | XX |  | XX | Texas | Non-QM/Compliant | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Property zoned rural and contains xx acres.<br>A copy of an exception approval letter is available in the loan file. | FICO: 745 FICO exceeds the guideline requirement of 700.<br>Residual Income : $16,580.19 monthly | PUD | 05/XX/2025 | 72.864% | 72.864% | Primary | Refinance | 745 | 0.58 | XX | 1.33 | $32468.03 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 48.934% |  | Full Documentation | QC Complete | 05/XX/2025 |
| 214746166 | XX | XX |  | XX | Maryland | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 03/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 761 |  | XX | 30.83 | $30229.14 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 49.775% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 214749525 | XX | XX |  | XX | Georgia | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.353% Allowed 9.200% Overby +0.153%<br>This loan is compliant with regulation 1026.35. |  |  | PUD | 04/XX/2025 | 90.000% | 90.000% | Primary | Purchase | 759 |  | XX | 31.33 | $35655.60 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 37.204% | No | Alternative | QC Complete | 05/XX/2025 |
| 214750077 | XX | XX |  | XX | Michigan | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 3 Family | 03/XX/2025 | 75.000% | 75.000% | Investor | Cash Out | 778 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $126709.98 |  |  | Alternative | QC Complete | 04/XX/2025 |
| 214756850 | XX | XX |  | XX | Texas | Non-QM/Compliant | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Provided LOE for 2x30 days mortgage late payments. Guideline only allows for 1x30 days mortgage lates. <br>A copy of an exception approval letter is available in the loan file. | LTV: 79.94% LTV is less than the guideline requirement of 90.00%.<br>DTI: 34.47% DTI is less than the maximum guideline requirement of 50.00%.<br>Reserves: The 64 months of available reserves are more than the guideline requirement of 6 months.<br>| Single Family | 04/XX/2025 | 79.941% | 79.941% | Primary | Refinance | 724 | 0.25 | XX | 31.41 | $43213.46 | Mos Reviewed:24<br> Times 1X30:2<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 34.472% |  | Alternative | QC Complete | 06/XX/2025 |
| 214760704 | XX | XX |  | XX | North Carolina | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 63.929% | 63.929% | Secondary | Refinance | 775 |  | XX | 13.42 | $70984.63 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 4.956% |  | Alternative | QC Complete | 05/XX/2025 |
| 214760837 | XX | XX |  | XX | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 05/XX/2025 - Received final policy, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide a copy of fully executed Form - 1065 for years 2022 and 2023 and K-1 document as it is missing.<br>Resolved 05/XX/2025 - Received SCH K-1 for year 2022 & 2023, condition resolved. |  |  | Single Family | 03/XX/2025 | 66.400% | 66.400% | Primary | Refinance | 760 | 1.33 | XX | 11.42 | $71782.88 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 29.558% |  | Full Documentation | QC Complete | 05/XX/2025 |
| 214760886 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 74.999% | 74.999% | Primary | Purchase | 751 |  | XX | 8.92 | $193134.61 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 14.390% | No | Alternative | QC Complete | 05/XX/2025 |
| 214762593 | XX | XX |  | XX | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 797 |  | XX | 23.83 | $42427.06 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 18.444% | No | Alternative | QC Complete | 05/XX/2025 |
| 214766040 | XX | XX |  | XX | Maryland | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide a proof of payoff statement for below accounts:<br>XX<br>Resolved 05/XX/2025 - Received response from client as the accounts are paid off from business account, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide a copy of Hazard insurance policy.<br>Resolved 05/XX/2025 - Received hazard insurance policy, condition resolved. |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 714 |  | XX | 20 | $29393.75 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 36.973% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 214767709 | XX | XX |  | XX | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: The $548,000.00 coverage amount on the title report is less than the mortgage loan amount of $XX<br>Resolved 04/XX/2025 - Received final title policy, condition resolved. |  |  | Single Family | 03/XX/2025 | 56.237% | 56.237% | Primary | Cash Out | 767 | 1.92 | XX | 11.33 | $8000.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $61915.04 | 49.217% |  | Full Documentation | QC Complete | 04/XX/2025 |
| 214772329 | XX | XX |  | XX | Tennessee | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 768 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 214772485 | XX | XX |  | XX | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 85.000% | 85.000% | Investor | Purchase | 767 |  | XX | 2.92 | $6389.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 41.107% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 214772741 | XX | XX |  | XX | Florida | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.045% Allowed 8.120% Overby +0.925%<br>This loan is compliant with regulation 1026.35. |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 664 |  | XX | 2.08 | $5347.68 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 44.181% | Yes | Full Documentation | QC Complete | 05/XX/2025 |
| 214773673 | XX | XX |  | XX | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 75.000% | 75.000% | Investor | Cash Out | 719 |  | XX | 21.08 | $19070.15 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $301964.75 | 40.377% |  | Full Documentation | QC Complete | 06/XX/2025 |
| 214774291 | XX | XX |  | XX | Indiana | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Hazard Insurance Coverage less than Loan Amount - EV R<br> COMMENT: Dwelling amount of $253,000.00 is not sufficient to cover loan amount of $XX, provide a copy of replacement cost estimator.<br>Resolved 05/XX/2025 - Received RCE Document, condition resolved. |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 771 |  | XX | 6.66 | $8869.17 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 46.880% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 214776569 | XX | XX |  | XX | Arizona | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 03/XX/2025 | 58.500% | 58.500% | Secondary | Refinance | 781 |  | XX | 25 | $65893.78 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 23.404% |  | Alternative | QC Complete | 04/XX/2025 |
| 214778037 | XX | XX |  | XX | Virginia | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 75.000% | 75.000% | Investor | Cash Out | 737 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $145326.97 |  |  | Alternative | QC Complete | 05/XX/2025 |
| 214779076 | XX | XX |  | XX | North Carolina | Not Covered/Exempt | 3 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide a copy of tax certificate.<br>Resolved 05/XX/2025 - Received tax information sheet, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide missing information for REO Property located at: XX - Hazard Insurance ,Tax Bill or HOA if applicable. If taxes & Insurance are escrowed, provide mortgage statement for the same.<br>Resolved 05/XX/2025 - Received Final CD for proof of mortgage P&I amount, condition resolved. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Borrower is in the process of renovating home and has moved into a rental property while repairs are being done due to the extensive nature of the renovations. The landlord where the borrower is currently living a private landlord but borrower has provided canceled checks along with the VOR. Counting both current rent and housing payment in DTI. Borrower has only rented since September 2024. No lates and MTG history on credit >24 Months. <br>A copy of an exception approval letter XX is available in the loan file. | LTV: 58.30% LTV is less than the guideline requirement of 75.00%.<br>FICO: 752 FICO exceeds the guideline requirement of 680.<br>DTI: 26.74% DTI is less than the maximum guideline requirement of 50.00%. | PUD | 03/XX/2025 | 58.304% | 58.304% | Investor | Cash Out | 752 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $654881.18 | 26.746% |  | Alternative | QC Complete | 06/XX/2025 |
| 214780215 | XX | XX |  | XX | Texas | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Missing Title evidence - EV R<br> COMMENT: Missing Title commitment.<br>Resolved 05/XX/2025 - Received Title commitment report, condition resolved. |  |  | Single Family | 04/XX/2025 | 70.000% | 70.000% | Investor | Purchase | 744 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 214780413 | XX | XX |  | XX | South Carolina | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 75.000% | 75.000% | Secondary | Purchase | 801 |  |  |  | $7734.30 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 37.133% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 214782732 | XX | XX |  | XX | Colorado | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 803 |  | XX | 8.42 | $3958.77 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 45.563% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 214788853 | XX | XX |  | XX | Michigan | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide verbal VOE for borrower (JXX from (XX) dated within 10 business days of closing.<br>Resolved - 05/XX/2025 : Received VOE for borrower, condition resolved. |  |  | Single Family | 04/XX/2025 | 40.246% | 40.246% | Secondary | Cash Out | 799 |  | XX | 4.33 | $22433.09 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $140151.60 | 23.946% |  | Full Documentation | QC Complete | 05/XX/2025 |
| 214791592 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 03/XX/2025 | 85.000% | 85.000% | Primary | Purchase | 747 |  | XX | 3.91 | $29335.91 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 34.171% | Yes | Full Documentation | QC Complete | 05/XX/2025 |
| 214792954 | XX | XX |  | XX | New Jersey | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 04/XX/2025 | 80.000% | 80.000% | Primary | Cash Out | 720 | 0.91 | XX | 2 | $30950.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $197245.70 | 43.606% |  | Full Documentation | QC Complete | 05/XX/2025 |
| 214795908 | XX | XX |  | XX | Arkansas | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 04/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 770 |  | XX | 4.66 | $11351.21 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 36.221% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 214796609 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 70.000% | 70.000% | Secondary | Purchase | 788 |  | XX | 19.75 | $36118.52 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 44.657% | No | Alternative | QC Complete | 06/XX/2025 |
| 214800393 | XX | XX |  | XX | Alabama | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | High Rise Condo (>=9 Stories) | 04/XX/2025 | 37.545% | 37.545% | Investor | Refinance | 767 |  | XX | 3.5 | $32660.20 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 34.362% |  | Full Documentation | QC Complete | 06/XX/2025 |
| 214802159 | XX | XX |  | XX | Oklahoma | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 85.000% | 85.000% | Primary | Purchase | 760 |  |  | 8.83 | $13541.01 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 21.701% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 214803728 | XX | XX |  | XX | Massachusetts | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Mid Rise Condo (5-8 Stories) | 04/XX/2025 | 42.038% | 42.038% | Investor | Purchase | 740 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 214806127 | XX | XX |  | XX | California | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 766 |  | XX | 15.25 | $17132.91 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 33.795% | No | Alternative | QC Complete | 05/XX/2025 |
| 214806804 | XX | XX |  | XX | South Carolina | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 58.763% | 58.763% | Secondary | Purchase | 762 |  | XX | 23.17 | $129125.38 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 16.371% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 214807588 | XX | XX |  | XX | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 732 |  | XX | 10.25 | $13422.51 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 38.620% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 214808834 | XX | XX |  | XX | Texas | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 75.000% | 75.000% | Investor | Cash Out | 751 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $186989.92 |  |  | Alternative | QC Complete | 05/XX/2025 |
| 214811481 | XX | XX |  | XX | Massachusetts | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 4 Family | 04/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 783 |  | XX | 6.42 | $30929.40 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 29.355% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 214814402 | XX | XX |  | XX | Massachusetts | Not Covered/Exempt | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Original LTV (OLTV) does not meet eligibility requirement(s) - EV W<br> COMMENT: SmartVest First Time investor- max LTV is 75%. Requested LTV is 80%<br>A copy of an exception approval letter is available in the loan file. | FICO: 805 FICO exceeds the guideline requirement of 660.<br>DSCR: 1.91 DSCR exceeds the guideline requirement of 1.15. | 2 Family | 04/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 805 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 214814501 | XX | XX |  | XX | Massachusetts | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 815 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Full Documentation | QC Complete | 05/XX/2025 |
| 214814766 | XX | XX |  | XX | New York | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.319% Allowed 8.160% Overby +0.159%<br>This loan is compliant with regulation 1026.35. |  |  | Single Family | 04/XX/2025 | 69.652% | 69.652% | Primary | Cash Out | 676 | 0.67 | XX | 14.25 | $7140.89 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $262185.48 | 36.934% |  | Alternative | QC Complete | 05/XX/2025 |
| 214815839 | XX | XX |  | XX | California | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 05/XX/2025 - Received Final title policy, condition resolved.<br>\*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.908% Allowed 8.150% Overby +0.758%.<br>This loan is compliant with regulation 1026.35.<br>\*\*\* (CURED) State Higher Price Mortgage Loan - EV R<br> COMMENT: CA AB 260, California Financial Code Division 1.9 4995(a) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the California Financial Code.<br>CA AB 260 Higher-Priced Mortgage Loan Test: Charged 8.908% Allowed 8.150% Overby +0.758%.<br>This loan is compliant with regulation CA AB 260, California Financial Code Division 1.94995(a) |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 89.910% | 89.910% | Primary | Purchase | 776 |  | XX | 9.75 | $90463.57 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 29.425% | No | Alternative | QC Complete | 05/XX/2025 |
| 214816357 | XX | XX |  | XX | South Carolina | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 75.000% | 75.000% | Secondary | Purchase | 785 |  | XX | 2.58 | $41729.17 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 21.662% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 214819971 | XX | XX |  | XX | New Hampshire | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 3 Family | 04/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 799 |  | XX | 3.33 | $10687.50 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 30.828% | No | Full Documentation | QC Complete | 06/XX/2025 |
| 214825283 | XX | XX |  | XX | Indiana | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 03/XX/2025 | 71.007% | 71.007% | Investor | Purchase | 730 |  |  |  | $8572.70 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 37.432% | No | Alternative | QC Complete | 05/XX/2025 |
| 214825440 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Primary | Cash Out | 759 | 7.16 | XX | 15.66 | $14651.42 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $104465.27 | 36.276% |  | Alternative | QC Complete | 05/XX/2025 |
| 214825846 | XX | XX |  | XX | Virginia | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 75.000% | 75.000% | Secondary | Purchase | 765 |  | XX | 7.08 | $671108.84 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 3.311% | No | Alternative | QC Complete | 06/XX/2025 |
| 214826000 | XX | XX |  | XX | California | Not Covered/Exempt | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 04/XX/2025 - Received title supplement report, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: DSCR ratio (0.86) is less than 1 which does not meet guideline requirement. As per guidelines "SmartVest Product Summary Investment Property Business Purpose Loan" if DSCR < 1.00-0.80 allowed with Minimum FICO 720 and Maximum LTV 70% required. However in this loan the LTV is 65% and FICO is 678.<br>Resolved 05/XX/2025 - Received LOE with client response as Primary borrower FICO - 796. |  |  | Single Family | 04/XX/2025 | 65.000% | 65.000% | Investor | Purchase | 678 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/XX/2025 |
| 214826935 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 66.818% | 66.818% | Primary | Cash Out | 726 | 2.5 | XX | 4.08 | $39363.94 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $183971.31 | 30.398% |  | Alternative | QC Complete | 05/XX/2025 |
| 214827461 | XX | XX |  | XX | Pennsylvania | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | High Rise Condo (>=9 Stories) | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 798 |  |  |  | $8590.13 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 38.090% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 214830382 | XX | XX |  | XX | Indiana | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 04/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 784 |  | XX |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 04/XX/2025 |
| 214830408 | XX | XX |  | XX | Massachusetts | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 05/XX/2025 | 78.571% | 78.571% | Primary | Cash Out | 740 | 2.08 | XX | 9.25 | $16543.62 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $44060.71 | 44.823% |  | Full Documentation | QC Complete | 06/XX/2025 |
| 214831448 | XX | XX |  | XX | North Carolina | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 85.000% | 85.000% | Primary | Purchase | 749 |  | XX | 13.67 | $57895.18 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 19.062% | No | Alternative | QC Complete | 05/XX/2025 |
| 214832073 | XX | XX |  | XX | Nevada | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 808 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 214833154 | XX | XX |  | XX | Minnesota | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 67.174% | 67.174% | Primary | Refinance | 764 | 3 | XX | 10.33 | $64106.71 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 35.939% |  | Full Documentation | QC Complete | 05/XX/2025 |
| 214836744 | XX | XX |  | XX | Maryland | Non-QM/Compliant | 4 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Homeownership Counselling Disclosure is missing. - EV R<br> COMMENT: Missing Homeownership Counseling Disclosure.<br>Resolved 05/XX/2025: Received Homeownership Counseling Disclosure and exception is cleared.<br>\*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.188% Allowed 8.120% Overby +0.068%<br>This loan is compliant with regulation 1026.35.<br>\*\*\* (CURED) State Higher Price Mortgage Loan - EV R<br> COMMENT: Maryland COMAR 09.03.06.02B(13) , COMAR 09.03.09.02B(6) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the Code of Maryland Regulations (COMAR).<br>MD COMAR Higher-Priced Mortgage Loan Test: Charged 8.188% Allowed 8.120% Overby +0.068%<br>This loan is compliant with regulation MD COMAR, (Maryland COMAR 09.03.06.02B(13) , COMAR 09.03.09.02B(6). | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: The borrower has been living rent-free for over three years, which does not meet the guideline requiring a first-time homebuyer to have lived rent-free for no more than 12 months.<br>A copy of an exception approval letter is available in the loan file. | FICO: 765 FICO exceeds the guideline requirement of 660.<br>DTI: 31.01% DTI is less than the maximum guideline requirement of 43.00%.<br>| Single Family | 04/XX/2025 | 85.000% | 85.000% | Primary | Purchase | 765 |  | XX | 3.16 | $16167.29 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 31.008% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 214839573 | XX | XX |  | XX | Wisconsin | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 38.772% | 38.772% | Secondary | Refinance | 789 |  | XX | 21.25 | $62631.46 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 23.965% |  | Full Documentation | QC Complete | 05/XX/2025 |
| 214841165 | XX | XX |  | XX | California | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 775 |  | XX | 35.58 | $165464.21 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 43.437% | No | Alternative | QC Complete | 05/XX/2025 |
| 214844078 | XX | XX |  | XX | Arizona | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 50.739% | 50.739% | Secondary | Purchase | 801 |  | XX | 8.5 | $30998.77 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 17.133% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 214844714 | XX | XX |  | XX | Arkansas | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 754 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 214848053 | XX | XX |  | XX | Texas | Non-QM/Compliant | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Borrower is FTHB Max loan amount is $XX, requesting exception for $XX loan amount<br>A copy of an exception approval letter is available in the loan file. | FICO: 782 FICO exceeds the guideline requirement of 700. <br>LTV: 69.99% LTV is less than the guideline requirement of 80.00%. | PUD | 05/XX/2025 | 70.000% | 70.000% | Primary | Purchase | 782 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | Yes | Alternative | QC Complete | 06/XX/2025 |
| 214848558 | XX | XX |  | XX | Colorado | Non-QM/Compliant | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Property zoned rural and contains XX Acres exceeds guidelines max 20 acres.<br>A copy of an exception approval letter is available in the loan file. | FICO: 721 FICO exceeds the guideline requirement of 660.<br>LTV: 44.44% LTV is less than the guideline requirement of 80.00%.<br>Residual Income: $114,415.23 monthly. | PUD | 05/XX/2025 | 44.444% | 44.444% | Secondary | Refinance | 721 |  | XX | 0.16 | $13969.66 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 49.514% |  | Full Documentation | QC Complete | 06/XX/2025 |
| 214848756 | XX | XX |  | XX | Colorado | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 38.816% | 38.816% | Investor | Purchase | 772 |  | XX | 20.67 | $54287.04 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 28.069% | No | Full Documentation | QC Complete | 06/XX/2025 |
| 214852568 | XX | XX |  | XX | Virginia | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 75.000% | 75.000% | Primary | Refinance | 777 | 0.16 | XX | 3.58 | $223150.45 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 12.409% |  | Alternative | QC Complete | 06/XX/2025 |
| 214852683 | XX | XX |  | XX | Alabama | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 67.760% | 67.760% | Primary | Refinance | 796 | 2 | XX | 10.41 | $26789.95 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 39.586% |  | Full Documentation | QC Complete | 05/XX/2025 |
| 214853327 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 80.000% | 80.000% | Secondary | Purchase | 784 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 214856783 | XX | XX |  | XX | Texas | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 796 |  | XX | 18.83 | $160676.40 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 21.767% | No | Full Documentation | QC Complete | 06/XX/2025 |
| 214856981 | XX | XX |  | XX | Indiana | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 813 |  | XX | 19.42 | $32520.58 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 44.793% | No | Full Documentation | QC Complete | 06/XX/2025 |
| 214857443 | XX | XX |  | XX | New Jersey | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Mid Rise Condo (5-8 Stories) | 04/XX/2025 | 70.000% | 70.000% | Investor | Purchase | 795 |  | XX | 5.75 | $15000.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 47.725% | No | Full Documentation | QC Complete | 06/XX/2025 |
| 214859613 | XX | XX |  | XX | Ohio | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Primary | Cash Out | 752 | 2 | XX | 7.08 | $26505.39 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $26169.86 | 49.381% |  | Alternative | QC Complete | 05/XX/2025 |
| 214863102 | XX | XX |  | XX | Ohio | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 85.000% | 85.000% | Investor | Purchase | 748 |  | XX | 11.91 | $37488.70 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 32.426% | No | Full Documentation | QC Complete | 06/XX/2025 |
| 214864464 | XX | XX |  | XX | California | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 05/XX/2025 - Received title commitment with insured amount, condition resolved.<br>\*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.999% Allowed 8.150% Overby +1.849%<br>This loan is compliant with regulation 1026.35.<br>\*\*\* (CURED) State Higher Price Mortgage Loan - EV R<br> COMMENT: CA AB 260, California Financial Code Division 1.9 4995(a) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the California Financial Code.<br>CA AB 260 Higher-Priced Mortgage Loan Test: Charged 9.999% Allowed 8.150% Overby +1.849%<br>This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a). |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 89.883% | 89.883% | Primary | Purchase | 738 |  | XX | 4.25 | $20411.70 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 31.032% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 214864555 | XX | XX |  | XX | Texas | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 70.000% | 70.000% | Primary | Purchase | 683 |  | XX | 4.5 | $31747.16 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 24.226% | No | Alternative | QC Complete | 05/XX/2025 |
| 214866220 | XX | XX |  | XX | South Carolina | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 776 |  | XX |  | $3933.69 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 38.360% | No | Alternative | QC Complete | 06/XX/2025 |
| 214879736 | XX | XX |  | XX | Tennessee | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 775 |  | XX | 4.42 | $10577.99 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 47.486% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 214879785 | XX | XX |  | XX | Tennessee | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 775 |  | XX | 4.42 | $10167.42 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 47.139% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 214991564 | XX | XX |  | XX | North Carolina | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 752 |  |  |  | $0.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 31.808% | No | Alternative | QC Complete | 06/XX/2025 |
| 215004441 | XX | XX |  | XX | South Carolina | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | High Rise Condo (>=9 Stories) | 05/XX/2025 | 80.000% | 80.000% | Secondary | Purchase | 805 |  | XX | 9.33 | $18750.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 19.977% | No | Full Documentation | QC Complete | 06/XX/2025 |
| 215008475 | XX | XX |  | XX | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | High Rise Condo (>=9 Stories) | 04/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 743 |  | XX | 11.92 | $55015.57 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 20.976% | No | Alternative | QC Complete | 05/XX/2025 |
| 215009259 | XX | XX |  | XX | California | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide a copy of questionnaire as it is missing in the file.<br>Resolved 06/XX/2025 - Received Condo Questionnaire, condition resolved. |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 808 |  |  |  | $7684.70 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 32.746% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 215019431 | XX | XX |  | XX | Colorado | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 66.171% | 66.171% | Investor | Purchase | 783 |  | XX | 10.75 | $14666.77 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 48.853% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 215020793 | XX | XX |  | XX | Indiana | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Missing Required Disclosures - EV R<br> COMMENT: Provide a copy of mortgage statement for XX and tax insurance documents are missing.<br>Resolved 06/XX/2025 - Received mortgage statement with no tax and insurance available for the property, condition resolved. |  |  | Single Family | 05/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 719 |  | XX | 24.08 | $10333.33 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 32.559% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 215022831 | XX | XX |  | XX | Massachusetts | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 80.000% | 80.000% | Secondary | Purchase | 772 |  | XX | 8.66 | $47062.49 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 32.036% | No | Full Documentation | QC Complete | 06/XX/2025 |
| 215024449 | XX | XX |  | XX | North Carolina | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 732 |  | XX | 2.17 | $13996.26 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 49.120% | Yes | Alternative | QC Complete | 06/XX/2025 |
| 215025131 | XX | XX |  | XX | Pennsylvania | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 05/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 728 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 215042268 | XX | XX |  | XX | South Carolina | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 80.000% | 80.000% | Secondary | Purchase | 772 |  | XX | 4.5 | $64556.42 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 27.184% | No | Alternative | QC Complete | 05/XX/2025 |
| 215051202 | XX | XX |  | XX | Maryland | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 793 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/XX/2025 |
| 215051665 | XX | XX |  | XX | California | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 75.000% | 75.000% | Primary | Purchase | 780 |  | XX | 13.67 | $21607.82 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 35.659% | No | Alternative | QC Complete | 06/XX/2025 |
| 215060948 | XX | XX |  | XX | South Carolina | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 05/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 819 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/XX/2025 |
| 215061722 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 762 |  | XX | 3.66 | $12547.54 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 45.027% | No | Alternative | QC Complete | 06/XX/2025 |
| 215070756 | XX | XX |  | XX | California | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 57.576% | 57.576% | Primary | Purchase | 780 |  | XX | 0.58 | $15000.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 33.491% | Yes | Full Documentation | QC Complete | 06/XX/2025 |
| 215072026 | XX | XX |  | XX | Tennessee | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 815 |  | XX | 10.33 | $10423.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 43.503% | No | Full Documentation | QC Complete | 06/XX/2025 |
| 9704530147 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 75.000% | 75.000% | Primary | Cash Out | 710 | 2 | XX | 4.58 | $30484.51 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $144618.73 | 13.269% |  | Alternative | QC Complete | 04/XX/2025 |
| 9704917500 | XX | XX |  | XX | Connecticut | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 75.000% | 75.000% | Primary | Cash Out | 740 | 5 | XX | 12.42 | $14125.96 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $381690.46 | 37.114% |  | Alternative | QC Complete | 05/XX/2025 |
| 9705133941 | XX | XX |  | XX | Tennessee | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Mid Rise Condo (5-8 Stories) | 04/XX/2025 | 50.251% | 50.251% | Investor | Cash Out | 809 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $159450.42 |  |  | Alternative | QC Complete | 05/XX/2025 |
| 9705151257 | XX | XX |  | XX | New York | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Borrower Identity Missing - EV R<br> COMMENT: Provide a copy of an updated driving License, ID number last digits is missing.<br>Resolved 04/XX/2025 - Received Gov ID, condition resolved. |  |  | Single Family | 04/XX/2025 | 43.478% | 43.478% | Primary | Cash Out | 767 | 24.08 | XX | 34.16 | $142593.41 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $479974.82 | 9.146% |  | Alternative | QC Complete | 04/XX/2025 |
| 9705366111 | XX | XX |  | XX | Washington | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Borrower Identity Missing - EV R<br> COMMENT: Provide a copy of borrower identification as it is missing.<br>Resolved 05/XX/2025 - Received GOV ID, condition resolved. |  |  | 2 Family | 04/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 782 |  | XX | 6.25 | $51882.11 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 41.843% | No | Alternative | QC Complete | 05/XX/2025 |
| 9705753813 | XX | XX |  | XX | New York | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 60.000% | 60.000% | Primary | Purchase | 760 |  | XX | 8 | $20846.21 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 22.761% | Yes | Alternative | QC Complete | 06/XX/2025 |
| 9706219327 | XX | XX |  | XX | Georgia | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 796 |  | XX | 5.67 | $59584.73 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 41.942% | No | Alternative | QC Complete | 05/XX/2025 |
| 9706581460 | XX | XX |  | XX | California | Non-QM/Compliant | 3 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: The $2,200,000 coverage amount on the title report is less than the mortgage loan amount of $XX.<br>Resolved 04/XX/2025 - Received title report, condition resolved.<br>\*\*\* (CURED) Subject property is located in a FEMA designated disaster area (recent). - EV R<br> COMMENT: Property is located in FEMA disaster zone (xx(XX Incident Period:xx). Provide a copy Inspection report.<br>Resolved 05/XX/2025 - Received Post disaster inspection report, condition resolved. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Loan amount of $XX with LTV of 80% does meet the eligibility matrix for maximum LTV of 75%<br>A copy of an exception approval letter is available in the loan file. | DTI: 32.31% DTI is less than the maximum guideline requirement of 50.00%.<br>FICO: 794 FICO exceeds the guideline requirement of 660.<br>Reserves: The 26 months of available reserves are more than the guideline requirement of 9 months. | PUD | 04/XX/2025 | 80.000% | 80.000% | Primary | Refinance | 794 | 0.92 | XX | 10.75 | $70442.99 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 32.312% |  | Alternative | QC Complete | 04/XX/2025 |
| 9706692622 | XX | XX |  | XX | Texas | Non-QM/Compliant | 3 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Inquiries - EV R<br> COMMENT: Provide a copy letter of explanation credit inquiry reflecting on credit report.(XX - 3/XX/2025)<br>Resolved 06/XX/2025 - Received credit inquiry for price mortgage that there is no nee debt, condition resolved.<br>\*\*\* (CURED) Additional Address on Credit Report - EV R<br> COMMENT: Provide a copy of Letter of Explanation additional address reflecting on credit reportXX<br>Resolved 06/XX/2025- Received LOE from client that address LOX is not required, condition resolved. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Requesting SLE to use 1099s from 2 different sources (both received for same line of work)<br>A copy of an exception approval letter is available in the loan file. | FICO: 685 FICO exceeds the guideline requirement of 660.<br>Reserves: The 13 months of available reserves are more than the guideline requirement of 5 months.<br>| PUD | 05/XX/2025 | 74.615% | 74.615% | Primary | Cash Out | 685 | 1 | XX | 8.42 | $31791.85 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $139699.65 | 44.637% |  | Alternative | QC Complete | 06/XX/2025 |
| 9706749711 | XX | XX |  | XX | South Carolina | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 70.000% | 70.000% | Primary | Purchase | 711 |  | XX | 11.5 | $7918.51 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Verification of Rent |  | 49.468% | No | Alternative | QC Complete | 05/XX/2025 |
| 9706753028 | XX | XX |  | XX | Texas | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 673 |  | XX | 3.66 | $7801.16 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 26.103% | Yes | Alternative | QC Complete | 06/XX/2025 |
| 9707122843 | XX | XX |  | XX | Florida | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Borrower declarations states he has no ownership in past three years. credit report reflecting active mortgage account. Provide an LOE.<br>Resolved 04/XX/2025 - Received Corrected 1003 for ownership, condition resolved. |  |  | Low Rise Condo (1-4 Stories) | 03/XX/2025 | 75.000% | 75.000% | Primary | Purchase | 730 |  | XX | 8 | $5172.67 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 45.398% | No | Full Documentation | QC Complete | 04/XX/2025 |
| 9707463767 | XX | XX |  | XX | Colorado | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 80.000% | 80.000% | Primary | Cash Out | 812 | 7.08 | XX | 6.42 | $29418.78 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $314343.33 | 42.334% |  | Alternative | QC Complete | 06/XX/2025 |
| 9707521275 | XX | XX |  | XX | North Carolina | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test Charged 9.785% Allowed 9.120% Overby +0.665%.<br>This loan is compliant with regulation 1026.35 |  |  | Single Family | 04/XX/2025 | 51.667% | 85.000% | Primary | Purchase | 704 |  | XX | 11.16 | $87133.51 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 34.323% | No | Alternative | QC Complete | 04/XX/2025 |
| 9707573698 | XX | XX |  | XX | Louisiana | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 62.657% | 62.657% | Primary | Cash Out | 746 | 14.83 | XX | 7.83 | $50563.90 | Mos Reviewed:35<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $422882.61 | 23.945% |  | Alternative | QC Complete | 06/XX/2025 |
| 9707986379 | XX | XX |  | XX | South Carolina | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 743 |  | XX | 11.42 | $7570.42 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 49.147% | No | Full Documentation | QC Complete | 06/XX/2025 |
| 9708047171 | XX | XX |  | XX | Kentucky | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 51.522% | 51.522% | Primary | Cash Out | 697 | 0.16 | XX | 0.41 | $8333.87 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $655029.75 | 41.476% |  | Full Documentation | QC Complete | 04/XX/2025 |
| 9708447116 | XX | XX |  | XX | Texas | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.349% Allowed 8.200% Overby +1.149%.<br>This loan is compliant with regulation 1026.35. |  |  | Single Family | 05/XX/2025 | 84.932% | 84.932% | Primary | Purchase | 729 |  | XX | 3.66 | $17604.18 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 36.221% | No | Alternative | QC Complete | 05/XX/2025 |
| 9708977310 | XX | XX |  | XX | Oregon | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide a copy of Supplement report to cover the loan amount $XX<br>Resolved 06/XX/2025 - Received final policy, condition resolved.<br>\*\*\* (CURED) Loan does not conform to program guidelines - EV R<br> COMMENT: NSF event of 15 exceed the guideline requirement of maximum six NSF event in the any 12-month period.<br>Resolved 06/XX/2025 - Received as per the updated guidelines used.<br>\*\*\* (CURED) Missing Title evidence - EV R<br> COMMENT: Missing Title Commitment/Preliminary report.<br>Resolved 06/XX/2025 - Received Preliminary report, condition resolved. |  |  | Single Family | 05/XX/2025 | 84.991% | 84.991% | Primary | Refinance | 720 | 0.92 | XX | 2.5 | $23469.94 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 37.977% |  | Alternative | QC Complete | 06/XX/2025 |
| 9709314984 | XX | XX |  | XX | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 723 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/XX/2025 |
| 9709466982 | XX | XX |  | XX | Idaho | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 795 |  | XX | 36.58 | $12414.56 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 31.827% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 9710559551 | XX | XX |  | XX | Connecticut | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 71.429% | 71.429% | Primary | Purchase | 756 |  | XX | 5 | $7178.12 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 40.860% | Yes | Full Documentation | QC Complete | 06/XX/2025 |
| 9710691404 | XX | XX |  | XX | Florida | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Missing Required Disclosures - EV R<br> COMMENT: Missing Settlement Service Provider list.<br>Not Resolved 04/XX/2025: Received Homeownership Counseling document instead of Settlement Service Provider list issue remain same.<br>Resolved 05/XX/2025: Received Settlement Service Provider List dated 03/XX/2025 and exception is cleared.<br>\*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: The $188,000 coverage amount on the title report is less than the mortgage loan amount of $XX.<br>Resolved 04/XX/2025 - Received Title report with insured amount, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide a copy of Settlement statement for the property XX, to verify the net proceeds of $240,987.00.<br>Resolved 04/XX/2025 - Received seller CD for $240,987,35.00, condition Resolved. |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 58.580% | 58.580% | Primary | Purchase | 790 |  | XX | 24.17 | $8769.28 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 28.692% | No | Full Documentation | QC Complete | 04/XX/2025 |
| 9710957169 | XX | XX |  | XX | Maryland | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Borrower Identity Missing - EV R<br> COMMENT: Provide a legible copy of borrower identity proof.<br>Resolved 05/XX/2025 - Received borrower Gov Id, condition resolved.<br>\*\*\* (CURED) Hazard Insurance Coverage less than Loan Amount - EV R<br> COMMENT: Dwelling amount $310,500 is not sufficient to cover loan amount $XX, provide a copy of replacement cost estimator to covers the dwelling.<br>Resolved 05/XX/2025 - Received RCE document, condition resolved. |  |  | 4 Family | 04/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 669 |  | XX | 13.25 | $64779.70 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 21.311% | No | Alternative | QC Complete | 05/XX/2025 |
| 9711239393 | XX | XX |  | XX | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: The Preliminary Title does not reflect the amount of the proposed Lender's coverage.<br>Resolved 05/XX/2025 - Received title supplement report, condition resolved. |  |  | Single Family | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 780 |  | XX | 4.33 | $0.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 16.292% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 9711411224 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | High Rise Condo (>=9 Stories) | 05/XX/2025 | 48.077% | 48.077% | Secondary | Purchase | 806 |  |  |  | $14422.46 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 40.587% | No | Alternative | QC Complete | 05/XX/2025 |
| 9711507542 | XX | XX |  | XX | Illinois | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Purchase Contract - EV R<br> COMMENT: Provide a copy of purchase addendum with reflecting sales price $XX<br>Resolved 06/XX/2025 - Received purchase addendum reflecting purchase prise, condition resolved. |  |  | Single Family | 05/XX/2025 | 75.000% | 75.000% | Primary | Purchase | 819 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/XX/2025 |
| 9711722364 | XX | XX |  | XX | Texas | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 727 |  | XX | 13.08 | $8445.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 46.405% | No | Alternative | QC Complete | 05/XX/2025 |
| 9711828765 | XX | XX |  | XX | California | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.809% Allowed 9.300% Overby +0.509%<br>This loan is compliant with regulation 1026.35<br>\*\*\* (CURED) State Higher Price Mortgage Loan - EV R<br> COMMENT: CA AB 260, California Financial Code Division 1.9 4995(a) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the California Financial Code.<br>CA AB 260 Higher-Priced Mortgage Loan Test: Charged 9.809% Allowed 9.300% Overby +0.509%<br>This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a). |  |  | Single Family | 05/XX/2025 | 90.000% | 90.000% | Primary | Purchase | 726 |  | XX | 5.92 | $63739.26 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 38.666% | Yes | Alternative | QC Complete | 06/XX/2025 |
| 9712168609 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 75.000% | 75.000% | Primary | Purchase | 804 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/XX/2025 |
| 9712177428 | XX | XX |  | XX | Texas | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 802 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 9712385989 | XX | XX |  | XX | California | Not Covered/Exempt | 3 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide a copy of the property's lease agreement, taxes, and insurance (XX).<br>Resolved 05/XX/2025 - Received Exception that property is rented with STR income, condition resolved. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Exception 1: To allow excessive financing over aggregate amount of $3mm with company ($XX.<br>Exception 2: To allow use of STR income from retained investment properties XX).<br>A copy of an exception approval letter is available in the loan file. | FICO: 810 FICO exceeds the guideline requirement of 660.<br>DTI: 43.34% DTI is less than the maximum guideline requirement of 50.00%.<br>Reserves: The 58 months of available reserves are more than the guideline requirement of 12 months.<br>| 2 Family | 05/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 810 |  | XX | 20.75 | $86678.50 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 43.343% | No | Alternative | QC Complete | 05/XX/2025 |
| 9712455519 | XX | XX |  | XX | Maryland | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 722 |  | XX | 9.33 | $30833.41 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 42.985% | No | Alternative | QC Complete | 05/XX/2025 |
| 9712539767 | XX | XX |  | XX | Massachusetts | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Missing Required Disclosures - EV R<br> COMMENT: Missing Settlement Service Provider list.<br>Resolved 4/XX/2025: Received Settlement Service Provider List dated 03/XX/2025 and exception is cleared. |  |  | Single Family | 04/XX/2025 | 79.424% | 79.424% | Primary | Purchase | 709 |  | XX | 2.16 | $11392.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 49.862% | No | Alternative | QC Complete | 04/XX/2025 |
| 9712612275 | XX | XX |  | XX | New York | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 756 |  | XX | 18.58 | $7942.02 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 45.072% | Yes | Alternative | QC Complete | 04/XX/2025 |
| 9712778100 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 70.000% | 70.000% | Secondary | Purchase | 796 |  | XX | 10.25 | $18251.80 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 28.051% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 9713047885 | XX | XX |  | XX | Florida | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Borrower Identity Missing - EV R<br> COMMENT: Provide a copy of Government ID for Co-Borrower (XX).<br>Resolved 05/XX/2025 - Received GOV ID, condition resolved.<br>\*\*\* (CURED) Missing Initial 1003_Application - EV R<br> COMMENT: Provide an initial 1003 for the Co-borrower (XX.<br>Resolved 05/XX/2025 - Received initial 1003 for XX, condition resolved. |  |  | 2 Family | 04/XX/2025 | 75.000% | 75.000% | Investor | Cash Out | 775 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $151402.34 |  |  | Alternative | QC Complete | 04/XX/2025 |
| 9713109123 | XX | XX |  | XX | Tennessee | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 70.000% | 70.000% | Primary | Cash Out | 681 | 1.08 | XX | 4.17 | $108684.86 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $31167.78 | 6.375% |  | Alternative | QC Complete | 04/XX/2025 |
| 9713242700 | XX | XX |  | XX | Maryland | Non-QM/Compliant | 4 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.857% Allowed 8.160% Overby +1.697%<br>This loan is compliant with regulation 1026.35.<br>\*\*\* (CURED) State Higher Price Mortgage Loan - EV R<br> COMMENT: Maryland COMAR 09.03.06.02B(13) , COMAR 09.03.09.02B(6) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the Code of Maryland Regulations (COMAR).<br>MD COMAR Higher-Priced Mortgage Loan Test: Charged 9.857% Allowed 8.160% Overby +1.697%<br>This loan is compliant with regulation Maryland COMAR 09.03.06.02B(13) , COMAR 09.03.09.02B(6). | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Borrower is first time home buyer and does not have a 12-month payment history within the last three years.<br>A copy of an exception approval letter is available in the loan file. | FICO: 718 FICO exceeds the guideline requirement of 660.<br>Reserves: The 19 months of available reserves are more than the guideline requirement of 3 months.<br>DTI: 38.64% DTI is less than the maximum guideline requirement of 43.00%. | Single Family | 04/XX/2025 | 85.000% | 85.000% | Primary | Purchase | 718 |  | XX | 6.25 | $18915.10 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 38.636% | Yes | Alternative | QC Complete | 04/XX/2025 |
| 9713322684 | XX | XX |  | XX | Kentucky | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 25.773% | 25.773% | Primary | Cash Out | 728 | 11.16 | XX | 10.16 | $3858.67 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $56957.45 | 36.724% |  | Alternative | QC Complete | 06/XX/2025 |
| 9713401280 | XX | XX |  | XX | California | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 05/XX/2025 - Received title supplement report, condition resolved.<br>\*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.826% Allowed 8.240% Overby +0.586%<br>This loan is compliant with regulation 1026.35.<br>\*\*\* (CURED) State Higher Price Mortgage Loan - EV R<br> COMMENT: CA AB 260, California Financial Code Division 1.9 4995(a) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the California Financial Code.<br>CA AB 260 Higher-Priced Mortgage Loan Test: Charged 8.826% Allowed 8.240% Overby +0.586%<br>This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a). |  |  | Single Family | 05/XX/2025 | 85.000% | 85.000% | Primary | Purchase | 719 |  | XX | 10.33 | $36029.59 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 33.921% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 9713745603 | XX | XX |  | XX | Florida | Non-QM/Compliant | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Use income from lease starting on 7/XX/25 for primary conversion which is after first payment date of 6/XX/25. <br>A copy of an exception approval letter is available in the loan file. | FICO: 731 FICO exceeds the guideline requirement of 660.<br>LTV: 60.03% LTV is less than the guideline requirement of 90.00%.<br>| PUD | 04/XX/2025 | 60.034% | 60.034% | Primary | Purchase | 731 |  |  | 2.33 | $12537.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 46.720% | No | Alternative | QC Complete | 06/XX/2025 |
| 9713797208 | XX | XX |  | XX | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 05/XX/2025 - Received title report, condition resolved. |  |  | PUD | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 810 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 9714336204 | XX | XX |  | XX | North Carolina | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 779 |  | XX | 14.92 | $8583.34 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 35.099% | No | Full Documentation | QC Complete | 06/XX/2025 |
| 9714834695 | XX | XX |  | XX | Washington | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 796 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | Yes | Full Documentation | QC Complete | 04/XX/2025 |
| 9715929213 | XX | XX |  | XX | Arizona | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 70.833% | 70.833% | Investor | Cash Out | 774 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $45443.76 |  |  | Alternative | QC Complete | 05/XX/2025 |
| 9716081295 | XX | XX |  | XX | Florida | Non-QM/Compliant | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: FTHB living rent free.<br>A copy of an exception approval letter is available in the loan file. | FICO: 726 FICO exceeds the guideline requirement of 660.<br>DTI: 12.33% DTI is less than the maximum guideline requirement of 50.00%. | Single Family | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 726 |  | XX | 7.17 | $41672.52 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 12.327% | Yes | Alternative | QC Complete | 04/XX/2025 |
| 9716172078 | XX | XX |  | XX | Georgia | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 725 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 9716235891 | XX | XX |  | XX | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide a copy of LOE/Access letter from XX for the assets from Nov 2024 to Feb 2025.<br>Resolved 05/XX/2025 - Received LOE as " Access letter are not required from Co-Owners on personal accounts", condition resolved. |  |  | Single Family | 04/XX/2025 | 79.618% | 79.618% | Primary | Purchase | 777 |  | XX | 5.75 | $8840.37 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 42.292% | No | Alternative | QC Complete | 04/XX/2025 |
| 9716724985 | XX | XX |  | XX | Massachusetts | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 775 |  | XX | 4.58 | $313724.47 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 7.317% | No | Alternative | QC Complete | 05/XX/2025 |
| 9716819058 | XX | XX |  | XX | California | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 50.000% | 50.000% | Primary | Purchase | 744 |  | XX | 7.25 | $150071.44 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 11.763% | No | Alternative | QC Complete | 05/XX/2025 |
| 9717027487 | XX | XX |  | XX | Tennessee | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 71.795% | 71.795% | Primary | Cash Out | 709 | 20.66 | XX | 25 | $13700.31 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $187476.28 | 31.627% |  | Alternative | QC Complete | 06/XX/2025 |
| 9717249362 | XX | XX |  | XX | Tennessee | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 41.068% | 41.068% | Investor | Cash Out | 701 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $153917.33 |  |  | Alternative | QC Complete | 05/XX/2025 |
| 9717470695 | XX | XX |  | XX | North Carolina | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 72.351% | 72.351% | Primary | Cash Out | 718 | 18 | XX | 7.75 | $7741.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $197723.44 | 46.536% |  | Alternative | QC Complete | 05/XX/2025 |
| 9717639588 | XX | XX |  | XX | Pennsylvania | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 28.169% | 28.169% | Investor | Cash Out | 757 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $67566.39 |  |  | Alternative | QC Complete | 04/XX/2025 |
| 9717727177 | XX | XX |  | XX | Arizona | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Missing Required Disclosures - EV R<br> COMMENT: Missing Settlement Service Provider List.<br>Resolved 05/XX/2025: Received Settlement Service Provider List and exception is cleared. |  |  | Single Family | 05/XX/2025 | 79.000% | 79.000% | Primary | Refinance | 761 | 1.08 | XX | 24.23 | $6962.87 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 35.185% |  | Alternative | QC Complete | 05/XX/2025 |
| 9717847058 | XX | XX |  | XX | New York | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 62.802% | 62.802% | Primary | Purchase | 668 |  | XX | 3.42 | $63914.15 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 11.175% | Yes | Alternative | QC Complete | 04/XX/2025 |
| 9718116016 | XX | XX |  | XX | Michigan | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 70.000% | 70.000% | Primary | Purchase | 742 |  | XX | 16.92 | $115606.82 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 18.317% | No | Alternative | QC Complete | 05/XX/2025 |
| 9718928972 | XX | XX |  | XX | Georgia | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 64.948% | 64.948% | Primary | Purchase | 784 |  | XX | 2.75 | $5790.26 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 30.567% | Yes | Full Documentation | QC Complete | 05/XX/2025 |
| 9719091663 | XX | XX |  | XX | Washington | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Missing business bank statements of XX for the month ending 12/XX/23.<br>Resolved 04/XX/2025 - Received Bank statement for Dec month, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Missing CPA letter.<br>Resolved 04/XX/2025 - Received client response for CPA letter, condition resolved. |  |  | PUD | 04/XX/2025 | 78.413% | 78.413% | Primary | Purchase | 779 |  |  |  | $0.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 28.100% | No | Alternative | QC Complete | 04/XX/2025 |
| 9719375967 | XX | XX |  | XX | Washington | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 794 |  | XX | 1.16 | $14850.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 47.769% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 9720643767 | XX | XX |  | XX | New Jersey | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 3 Family | 05/XX/2025 | 73.376% | 73.376% | Investor | Refinance | 761 |  | XX | 7.25 | $130959.84 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 9.028% |  | Alternative | QC Complete | 05/XX/2025 |
| 9721089713 | XX | XX |  | XX | Pennsylvania | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.765% Allowed 8.310% +Overby 1.455%.<br>This loan is compliant with regulation 1026.35. |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 90.000% | 90.000% | Primary | Purchase | 787 |  | XX | 7.76 | $3870.93 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 47.033% | Yes | Full Documentation | QC Complete | 06/XX/2025 |
| 9721336676 | XX | XX |  | XX | Florida | Non-QM/Compliant | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Category C09 non permanent resident alien based on eligible case by case.<br>A copy of an exception approval letter is available in the loan file. | FICO: 766 FICO exceeds the guideline requirement of 700.<br>Reserves: The 11 months of available reserves are more than the guideline requirement of 3 months.<br>LTV: 70.00% LTV is less than the guideline requirement of 90.00%. | High Rise Condo (>=9 Stories) | 05/XX/2025 | 70.000% | 70.000% | Primary | Purchase | 766 |  | XX | 11.17 | $249442.84 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 13.372% | No | Alternative | QC Complete | 06/XX/2025 |
| 9721389253 | XX | XX |  | XX | Florida | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Subject or Comp Photos are missing or illegible - EV R<br> COMMENT: Missing Appraisal Completion Cert (1004D). The Appraisal report reflects the property photo's the wall storage have not been painted and the Heater does not have double strap.<br>Resolved 04/XX/2025 - Received client LOE as " There is no health/safety concern due to the wall storage area not being painted.The subject property is in Florida, and it isn't required in this state to have the water heater double strapped " Condition resolved. |  |  | Single Family | 04/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 711 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | Yes | Alternative | QC Complete | 04/XX/2025 |
| 9721597129 | XX | XX |  | XX | South Carolina | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 75.000% | 75.000% | Primary | Purchase | 732 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 9721717768 | XX | XX |  | XX | Washington | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide a copy of Settlement statement for pending sale: XX<br>Resolved 05/XX/2025 - Received seller CD, condition clearing. |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 75.000% | 75.000% | Primary | Purchase | 756 |  | XX | 3.16 | $7740.15 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 38.979% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 9723043353 | XX | XX |  | XX | Illinois | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 805 |  | XX | 10.25 | $7409.19 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 38.824% | No | Alternative | QC Complete | 06/XX/2025 |
| 9723278454 | XX | XX |  | XX | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Mid Rise Condo (5-8 Stories) | 04/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 721 |  | XX | 18.5 | $9892.41 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 48.350% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 9724087144 | XX | XX |  | XX | Massachusetts | Non-QM/Compliant | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: The second parcel is landlocked and includes a barn with an accessory dwelling unit (ADU).<br>A copy of an exception approval letter is available in the loan file. | FICO: 787 FICO exceeds the guideline requirement of 700.<br>LTV: 75.00% LTV is less than the guideline requirement of 85.00%.<br>Reserves: The 171 months of available reserves are more than the guideline requirement of 6 months. | Single Family | 05/XX/2025 | 75.000% | 75.000% | Primary | Purchase | 787 |  | XX | 11.33 | $32752.96 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 37.601% | No | Full Documentation | QC Complete | 06/XX/2025 |
| 9724496048 | XX | XX |  | XX | Pennsylvania | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 79.553% | 79.553% | Primary | Cash Out | 778 | 26 |  |  | $5751.88 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $48598.63 | 34.879% |  | Full Documentation | QC Complete | 05/XX/2025 |
| 9724527800 | XX | XX |  | XX | New York | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Missing letter of explanation for borrower living rent free.<br>Resolved 06/XX/2025 - Borrower is not an FTHB, condition resolved. |  |  | PUD | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 723 |  | XX | 7.33 | $125770.55 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 18.519% | No | Alternative | QC Complete | 06/XX/2025 |
| 9725064506 | XX | XX |  | XX | New York | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 05/XX/2025 | 75.000% | 75.000% | Investor | Cash Out | 738 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $48852.23 |  |  | Alternative | QC Complete | 05/XX/2025 |
| 9725517156 | XX | XX |  | XX | California | Not Covered/Exempt | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: FICO score 665 does not meet the guideline for minimum Fico score of 680 for cashout - investment.<br>A copy of an exception approval letter is available in the loan file. | LTV: 46.04% LTV is less than the guideline requirement of 60.00%.<br>Residual Income : $10,906.71 monthly. | Single Family | 05/XX/2025 | 46.037% | 46.037% | Investor | Cash Out | 665 |  | XX | 6.16 | $18953.69 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $9342.00 | 42.456% |  | Alternative | QC Complete | 05/XX/2025 |
| 9725549928 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 70.000% | 70.000% | Secondary | Purchase | 792 |  | XX | 19.75 | $25330.78 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 36.768% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 9725559976 | XX | XX |  | XX | Oregon | Non-QM/Compliant | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Loan amount of $XX exceeds the guideline maximum loan amount of $2,000,000.00.<br>A copy of an exception approval letter is available in the loan file. | FICO: 774 FICO exceeds the guideline requirement of 660.<br>Reserves: The 16 months of available reserves are more than the guideline requirement of 14 months.<br>| Single Family | 05/XX/2025 | 80.000% | 80.000% | Primary | Cash Out | 774 | 1 | XX | 10.75 | $57866.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $294863.48 | 49.992% |  | Full Documentation | QC Complete | 06/XX/2025 |
| 9725754825 | XX | XX |  | XX | North Carolina | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Final 1003 reflects property (XX) as primary residence. Need correction for occupancy as investment for both the properties.<br>Resolved 05/XX/2025 - Received corrected 1003 loan application, condition resolved. |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 73.147% | 73.147% | Investor | Cash Out | 730 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $73961.03 |  |  | Alternative | QC Complete | 04/XX/2025 |
| 9726016109 | XX | XX |  | XX | Wisconsin | Non-QM/Compliant | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Required Documentation Missing - EV W<br> COMMENT: Requesting exception to use 100% of account used for income calculation.<br>A copy of an exception approval letter is available in the loan file. | FICO: 771 FICO exceeds the guideline requirement of 720.<br>Reserves: The 6 months of available reserves are more than the guideline requirement of 3 months.<br>DTI: 24.78% DTI is less than the maximum guideline requirement of 50.00%. | Single Family | 05/XX/2025 | 85.000% | 85.000% | Primary | Purchase | 771 |  | XX | 3.33 | $9251.34 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 24.783% | Yes | Alternative | QC Complete | 06/XX/2025 |
| 9726411151 | XX | XX |  | XX | New York | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 55.000% | 55.000% | Primary | Purchase | 780 |  | XX | 13.66 | $84593.29 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 10.518% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 9727178304 | XX | XX |  | XX | California | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 782 |  | XX | 3.39 | $20117.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 41.401% | No | Alternative | QC Complete | 06/XX/2025 |
| 9727334477 | XX | XX |  | XX | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 755 |  | XX | 10.66 | $4965.51 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 49.814% | No | Alternative | QC Complete | 04/XX/2025 |
| 9727472079 | XX | XX |  | XX | California | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 04/XX/2025 | 58.898% | 58.898% | Primary | Refinance | 809 | 1.16 | XX | 8.67 | $17780.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 32.817% |  | Alternative | QC Complete | 04/XX/2025 |
| 9727975139 | XX | XX |  | XX | Oregon | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 34.426% | 34.426% | Primary | Purchase | 811 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Full Documentation | QC Complete | 05/XX/2025 |
| 9727995335 | XX | XX |  | XX | Florida | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) LOE - EV R<br> COMMENT: XX balance $542.00 does not match with XX statement (pg#331).<br>Resolved 06/XX/2025 - Received LOX document as Actual balance is less than $2 lower than, condition resolved.<br>\*\*\* (CURED) Appraisal incomplete (missing map, layout, pages, etc) - EV R<br> COMMENT: Missing a copy of the Appraiser's Errors and omissions (E&O) policy.<br>Resolved 06/XX/2025 - Received E&O policy, condition resolved.<br>\*\*\* (CURED) Hazard Insurance - EV R<br> COMMENT: Copy of final hazard insurance is missing.<br>Resolved 06/XX/2025 - Received hazard insurance, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Cash from borrower amount $131,344.88 does not match with final CD. Provide update LoanScore card with cash from borrower amount $126,111.04.<br>Resolved 06/XX/2025 - Received LOX as " LSC does not need to be updated to match final figures", condition resolved.<br>\*\*\* (CURED) Title policy missing - EV R<br> COMMENT: Copy of Errors and omissions (E&O) policy is missing.<br>06/XX/2025: The copy of E&O resolves the condition. |  |  | Single Family | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 786 |  | XX | 5.75 | $18021.95 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 22.712% | Yes | Alternative | QC Complete | 06/XX/2025 |
| 9728156937 | XX | XX |  | XX | Utah | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 774 |  | XX | 21.08 | $31948.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 40.737% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 9728979718 | XX | XX |  | XX | Connecticut | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.106% Allowed 8.150% Overby +0.956%.<br>This loan is compliant with regulation 1026.35. |  |  | Single Family | 04/XX/2025 | 90.000% | 90.000% | Primary | Purchase | 756 |  | XX | 7.16 | $11688.20 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 24.140% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 9728988255 | XX | XX |  | XX | Missouri | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 05/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 811 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/XX/2025 |
| 9729063314 | XX | XX |  | XX | Massachusetts | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 714 |  | XX | 34.83 | $15343.47 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 25.752% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 9729803495 | XX | XX |  | XX | Wisconsin | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 05/XX/2025 | 75.000% | 75.000% | Investor | Cash Out | 738 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $37488.17 |  |  | Alternative | QC Complete | 06/XX/2025 |
| 9730170512 | XX | XX |  | XX | Washington | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 39.130% | 39.130% | Primary | Cash Out | 727 | 9.25 | XX | 4.58 | $3905.07 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $37872.26 | 47.250% |  | Alternative | QC Complete | 04/XX/2025 |
| 9730234417 | XX | XX |  | XX | Texas | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 05/XX/2025 | 85.000% | 85.000% | Investor | Purchase | 788 |  | XX | 9.16 | $7200.27 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 40.752% | No | Full Documentation | QC Complete | 06/XX/2025 |
| 9730296846 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 77.439% | 77.439% | Primary | Refinance | 729 | 2 | XX | 2.16 | $68244.26 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 13.112% |  | Alternative | QC Complete | 06/XX/2025 |
| 9730545390 | XX | XX |  | XX | Alabama | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 85.000% | 85.000% | Investor | Purchase | 795 |  | XX | 5.25 | $11636.79 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 41.309% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 9730843761 | XX | XX |  | XX | North Carolina | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 35.840% | 35.840% | Primary | Cash Out | 694 | 30 | XX | 9.08 | $4040.29 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $144949.96 | 49.870% |  | Alternative | QC Complete | 04/XX/2025 |
| 9731466364 | XX | XX |  | XX | Arizona | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 58.900% | 58.900% | Primary | Cash Out | 733 | 24.83 | XX | 24.08 | $4640.85 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $120544.16 | 41.705% |  | Alternative | QC Complete | 05/XX/2025 |
| 9731665007 | XX | XX |  | XX | Texas | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 61.350% | 61.350% | Investor | Purchase | 692 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/XX/2025 |
| 9731755766 | XX | XX |  | XX | Washington | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 3 Family | 05/XX/2025 | 70.000% | 70.000% | Investor | Purchase | 767 |  |  |  |  | Mos Reviewed:34<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/XX/2025 |
| 9731798188 | XX | XX |  | XX | Georgia | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 62.285% | 62.285% | Primary | Cash Out | 702 | 5.42 | XX | 20.16 | $3081.79 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $77371.94 | 47.257% |  | Alternative | QC Complete | 05/XX/2025 |
| 9732018131 | XX | XX |  | XX | California | Non-QM/Compliant | 3 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Required Documentation Missing or Incomplete - EV W<br> COMMENT: Total assets verified in the amount of $279,552.13. Funds required to close are $196,684.71. Reserves required as per guidelines are $103,480.14. Total verified reserves are $82,867.42. Provide proof of assets to satisfy reserve requirements.<br>Waived 5/XX/2025 - Received Exceptional approval document, condition waived. | FICO: 745 FICO exceeds the guideline requirement of 700.<br>Housing History: 0x30x12 is better than the guideline requirement of 1x30x12. | 3 Family | 04/XX/2025 | 85.000% | 85.000% | Primary | Purchase | 745 |  | XX | 5.25 | $66938.36 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 40.587% | No | Alternative | QC Complete | 04/XX/2025 |
| 9732025615 | XX | XX |  | XX | Colorado | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Primary | Cash Out | 760 | 1.33 | XX | 8 | $14754.67 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $178676.96 | 34.842% |  | Alternative | QC Complete | 05/XX/2025 |
| 9732164620 | XX | XX |  | XX | New York | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 702 |  | XX | 3.67 | $128559.38 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 6.813% | Yes | Alternative | QC Complete | 06/XX/2025 |
| 9732508693 | XX | XX |  | XX | Michigan | Non-QM/Compliant | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Exception for borrower since she is FTHB living rent free form more than 12 months. She has strong financial and positive work history. Borrower is getting divorced and needs to buy her own home.<br>A copy of an exception approval letter is available in the loan file. | FICO: 800 FICO exceeds the guideline requirement of 700.<br>Reserves: The 20 months of available reserves are more than the guideline requirement of 3 months.<br>DTI: 20.37% DTI is less than the maximum guideline requirement of 43.00%.<br>| Low Rise Condo (1-4 Stories) | 05/XX/2025 | 48.309% | 48.309% | Primary | Purchase | 800 |  | XX | 9.83 | $5953.35 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 20.372% | Yes | Full Documentation | QC Complete | 05/XX/2025 |
| 9733003884 | XX | XX |  | XX | Tennessee | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 75.000% | 75.000% | Primary | Purchase | 742 |  | XX | 13.33 | $25054.40 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 19.124% | No | Alternative | QC Complete | 05/XX/2025 |
| 9733047485 | XX | XX |  | XX | Oregon | Non-QM/Compliant | 3 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: The amount of title insurance of $507,920.00 on the Title Commitment is less than the loan amount $XX<br>Resolved 05/XX/2025 - Received title insured amount, condition resolved. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: FTHB living rent free 5 of last 12 months , no other prior rent history<br>A copy of an exception approval letter is available in the loan file. | FICO: 771 FICO exceeds the guideline requirement of 660.<br>DTI: 38.93% DTI is less than the maximum guideline requirement of 50.00%.<br>| PUD | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 771 |  | XX | 3.25 | $12256.86 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 38.929% | Yes | Alternative | QC Complete | 06/XX/2025 |
| 9733266275 | XX | XX |  | XX | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 05/XX/2025 - Received Supplemental report, condition resolved. |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 741 |  | XX | 3.58 | $5167.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 30.703% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 9733407457 | XX | XX |  | XX | Florida | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.637% Allowed 8.380% Overby +1.257%<br>This loan is compliant with regulation 1026.35. |  |  | Single Family | 05/XX/2025 | 90.000% | 90.000% | Primary | Purchase | 722 |  | XX | 3.17 | $79940.18 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 11.714% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 9733956990 | XX | XX |  | XX | Oregon | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 704 |  | XX | 19.33 | $43713.81 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 32.332% | No | Full Documentation | QC Complete | 06/XX/2025 |
| 9734133227 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 42.007% | 42.007% | Primary | Cash Out | 699 | 21.5 | XX | 9.25 | $5422.57 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $100898.44 | 49.902% |  | Alternative | QC Complete | 04/XX/2025 |
| 9734469902 | XX | XX |  | XX | Texas | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 712 |  | XX | 11.83 | $284112.61 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 4.475% | No | Alternative | QC Complete | 04/XX/2025 |
| 9734484737 | XX | XX |  | XX | Georgia | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 90.000% | 90.000% | Primary | Purchase | 794 |  | XX | 2.08 | $13772.45 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 23.373% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 9734525828 | XX | XX |  | XX | Michigan | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Borrower Identity Missing - EV R<br> COMMENT: Provide a legible copy of Driving License of both borrowers.<br>Resolved 06/XX/2025 - Borrower DL id received, condition resolved.<br>\*\*\* (CURED) Hazard Insurance Coverage less than Loan Amount - EV R<br> COMMENT: Missing master policy.<br>Resolved 05/XX/2025 - Received master policy, condition resolved. |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 757 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 9734558183 | XX | XX |  | XX | New York | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Missing Required Disclosures - EV R<br> COMMENT: On the final loan application, the subject property located at XX is listed as a Primary Residence under Section 3 (Intended Occupancy), while Section 4a indicates it as an Investment Property. Please provide an updated loan application reflecting the correct occupancy status.<br>Resolved 05/XX/2025 - Received corrected final 1003 application, condition resolved. |  |  | 4 Family | 04/XX/2025 | 72.062% | 72.062% | Investor | Refinance | 724 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  |  | Alternative | QC Complete | 05/XX/2025 |
| 9734910061 | XX | XX |  | XX | Florida | Non-QM/Compliant | 3 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Missing Required Disclosures - EV R<br> COMMENT: Provide a copy condo questionnaire as it is missing.<br>Resolved 05/XX/2025 - Received condo questionnaire, condition resolved. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Borrower is a FTHB buying a 2nd home.<br>A copy of an exception approval letter is available in the loan file. | FICO: 758 FICO exceeds the guideline requirement of 660.<br>DTI: 30.89% DTI is less than the maximum guideline requirement of 43.00%.<br>Reserves: The 15 months of available reserves are more than the guideline requirement of 3 months.<br>| Low Rise Condo (1-4 Stories) | 05/XX/2025 | 80.000% | 80.000% | Secondary | Purchase | 758 |  | XX | 3.25 | $52827.66 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 30.889% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 9735034663 | XX | XX |  | XX | New Mexico | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 75.000% | 75.000% | Investor | Cash Out | 735 |  | XX | 11.5 | $27782.11 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:30<br> Verification Type:Credit Report | $241582.84 | 36.210% |  | Alternative | QC Complete | 04/XX/2025 |
| 9735435845 | XX | XX |  | XX | Maryland | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide a copy of Lease Agreement for subject address XX<br>Resolved 05/XX/2025 - Received client response as " DSCR is met with the loan qualified through market rent from appraisal ", Condition resolved. |  |  | 4 Family | 04/XX/2025 | 85.000% | 85.000% | Investor | Purchase | 760 |  | XX |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 9735530157 | XX | XX |  | XX | Texas | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 70.000% | 70.000% | Primary | Cash Out | 706 | 2.08 |  |  | $0.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $210195.07 | 34.099% |  | Alternative | QC Complete | 06/XX/2025 |
| 9735957566 | XX | XX |  | XX | South Carolina | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 72.381% | 72.381% | Primary | Cash Out | 737 | 26.08 |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $71068.46 | 23.633% |  | Alternative | QC Complete | 05/XX/2025 |
| 9736008666 | XX | XX |  | XX | Georgia | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.828% Allowed 8.310% Overby +1.518%<br>This loan is compliant with regulation 1026.35 |  |  | Single Family | 04/XX/2025 | 90.000% | 90.000% | Primary | Purchase | 760 |  | XX | 4.42 | $10169.21 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 42.686% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 9736045361 | XX | XX |  | XX | Arizona | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 59.990% | 59.990% | Primary | Cash Out | 763 | 10 | XX | 8.58 | $21067.04 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $562173.42 | 47.455% |  | Alternative | QC Complete | 04/XX/2025 |
| 9736173080 | XX | XX |  | XX | Nevada | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 733 |  | XX | 6 | $120099.63 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 9.975% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 9736568438 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 737 |  | XX | 2.16 | $8407.16 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 49.355% | Yes | Alternative | QC Complete | 04/XX/2025 |
| 9737440959 | XX | XX |  | XX | Texas | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 04/XX/2025 | 73.615% | 73.615% | Investor | Purchase | 737 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:1<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 9737782624 | XX | XX |  | XX | Missouri | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 85.000% | 85.000% | Investor | Purchase | 763 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/XX/2025 |
| 9738121541 | XX | XX |  | XX | Arizona | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Assets are not sufficient to close - EV R<br> COMMENT: Missing Settlement statement or seller CD to verify sale proceeds of $XX for Property address XX<br>Resolved : 05/XX/2025 : Received Settlement statement or seller CD to verify sale proceeds of $XX for Property address XX for borrower, condition resolved. |  |  | PUD | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 743 |  | XX | 5.66 | $22883.17 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 45.459% | No | Alternative | QC Complete | 05/XX/2025 |
| 9738199208 | XX | XX |  | XX | Connecticut | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 787 |  | XX | 12.92 | $10450.05 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 29.751% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 9738329771 | XX | XX |  | XX | Illinois | Non-QM/Compliant | 4 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 10.126% Allowed 8.120% Overby +2.006%<br>This loan is compliant with regulation 1026.35. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Borrower living rent free for 2 years does not meet the guidelines for 'First time homebuyer living rent free for more than 12 months'.<br>A copy of an exception approval letter is available in the loan file. | FICO: 757 FICO exceeds the guideline requirement of 660.<br>Reserves: The 12 months of available reserves are more than the guideline requirement of 3 months.<br>DTI: 28.01% DTI is less than the maximum guideline requirement of 43.00%.<br>| Single Family | 04/XX/2025 | 90.000% | 90.000% | Primary | Purchase | 757 |  | XX | 2.25 | $19368.75 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 28.018% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 9738445064 | XX | XX |  | XX | Maryland | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide a copy of Business bank statements from Mar 2024 to Feb 2025 for below account: <br>XX<br>Resolved 06/XX/2025 - Received business bank statement, condition resolved.<br>\*\*\* (CURED) State Higher Price Mortgage Loan - EV R<br> COMMENT: Maryland COMAR 09.03.06.02B(13) , COMAR 09.03.09.02B(6) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the Code of Maryland Regulations (COMAR).<br>MD COMAR Higher-Priced Mortgage Loan Test: Charged 8.486% Allowed 8.240% Overby +0.246%.<br>This loan is compliant with regulation Maryland COMAR 09.03.06.02B(13) ,COMAR 09.03.09.02B(6). |  |  | Single Family | 05/XX/2025 | 85.000% | 85.000% | Primary | Purchase | 776 |  | XX | 15.33 | $33327.99 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 31.989% | No | Alternative | QC Complete | 06/XX/2025 |
| 9738490359 | XX | XX |  | XX | Arizona | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 75.000% | 75.000% | Investor | Cash Out | 744 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $73455.90 |  |  | Alternative | QC Complete | 04/XX/2025 |
| 9738794313 | XX | XX |  | XX | Georgia | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 70.000% | 70.000% | Secondary | Cash Out | 721 |  | XX | 20.16 | $77000.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $359781.72 | 43.610% |  | Alternative | QC Complete | 04/XX/2025 |
| 9738803429 | XX | XX |  | XX | California | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 05/XX/2025 | 70.000% | 70.000% | Investor | Refinance | 720 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  |  | Alternative | QC Complete | 06/XX/2025 |
| 9739024785 | XX | XX |  | XX | Texas | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 75.000% | 75.000% | Secondary | Purchase | 750 |  | XX | 9.08 | $9403.46 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 35.458% | No | Alternative | QC Complete | 06/XX/2025 |
| 9739092345 | XX | XX |  | XX | Missouri | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 788 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 9739255413 | XX | XX |  | XX | Washington | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | High Rise Condo (>=9 Stories) | 05/XX/2025 | 75.000% | 75.000% | Primary | Purchase | 768 |  | XX | 8.83 | $14750.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 31.210% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 9739560242 | XX | XX |  | XX | Texas | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Appraisal incomplete (missing map, layout, pages, etc) - EV R<br> COMMENT: Provide an updated appraisal report, current subject property appraisal indicates that property is located in flood zone, while the flood certificate suggests that property is not in flood zone.<br>Resolved 06/XX/2025 - Received updated appraisal with flood zone as " X ", condition resolved. |  |  | Single Family | 05/XX/2025 | 85.000% | 85.000% | Primary | Purchase | 778 |  |  |  | $967.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 21.853% | No | Alternative | QC Complete | 06/XX/2025 |
| 9740424198 | XX | XX |  | XX | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide business bank statements of BOA#9006 for the months ending 2/XX/2025 to 2/XX/2025.<br>Resolved 05/XX/2025 : Business bank statements of BOA#9006 received for the month of Feb, condition resolved. |  |  | Single Family | 05/XX/2025 | 79.851% | 79.851% | Primary | Purchase | 795 |  | XX | 2.58 | $19895.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 42.217% | No | Alternative | QC Complete | 05/XX/2025 |
| 9740594958 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 75.000% | 75.000% | Primary | Purchase | 720 |  | XX | 20.75 | $267192.94 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 1.743% | No | Alternative | QC Complete | 04/XX/2025 |
| 9742549919 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 792 |  | XX | 4.58 | $12062.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Cancelled Checks |  | 45.126% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 9743055221 | XX | XX |  | XX | Utah | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 03/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 758 |  | XX | 30.08 | $144774.04 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 11.264% | No | Full Documentation | QC Complete | 04/XX/2025 |
| 9743077860 | XX | XX |  | XX | Virginia | Non-QM/Compliant | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Requesting an exception to use 100% business assets from business used for qualifying income.<br>A copy of an exception approval letter is available in the loan file. | FICO: 753 FICO exceeds the guideline requirement of 700.<br>DTI: 40.64% DTI is less than the maximum guideline requirement of 43.00%.<br>Reserves: The 17 months of available reserves are more than the guideline requirement of 3 months. | Single Family | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 753 |  | XX | 11.25 | $12595.97 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 40.639% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 9743827876 | XX | XX |  | XX | Texas | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 771 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/XX/2025 |
| 9744528911 | XX | XX |  | XX | Washington | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Borrower Identity Missing - EV R<br> COMMENT: The primary borrower's driver's license expired on March XX, 2025. Please provide a copy of the renewed license.<br>Resolved 05/XX/2025 - Received Gov id, condition resolved.<br>\*\*\* (CURED) Missing proof of hazard insurance - EV R<br> COMMENT: Missing Hazard insurance for property address XX<br>Resolved 05/XX/2025 - Received hazard insurance, condition resolved.<br>\*\*\* (CURED) Missing Required Disclosures - EV R<br> COMMENT: Provide a copy of CPA with expense ratio 85% to calculate the banks statement income.<br>Resolved 05/XX/2025 - Received Client response as CPA letter is not required for worst case expense factor, guideline is acceptable for 50% of expense ratio, condition resolved. |  |  | Single Family | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 750 |  | XX | 4 | $34664.88 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 17.581% | No | Alternative | QC Complete | 05/XX/2025 |
| 9744581027 | XX | XX |  | XX | California | Not Covered/Exempt | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Allow use of business account XXXX1201 at 100% (same business, but this account is not being used for income calculation)<br>A copy of an exception approval letter is available in the loan file. | FICO: 752 FICO exceeds the guideline requirement of 720.<br>LTV: 57.53% LTV is less than the guideline requirement of 80.00%.<br>DTI: 29.37% DTI is less than the maximum guideline requirement of 50.00%. | PUD | 04/XX/2025 | 57.534% | 57.534% | Investor | Refinance | 752 |  | XX | 7.25 | $98250.48 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 27.440% |  | Alternative | QC Complete | 05/XX/2025 |
| 9744851784 | XX | XX |  | XX | California | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: The preliminary title report reflects a proposed Lender's title insurance coverage amount of $595,000.00, which is less than the loan amount of $XX<br>Resolved 05/XX/2025 - Received title report with insured amount, condition resolved. |  |  | 2 Family | 05/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 717 |  | XX | 9.83 | $43617.10 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 42.025% | No | Alternative | QC Complete | 05/XX/2025 |
| 9744923286 | XX | XX |  | XX | New York | Non-QM/Compliant | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Loan amount of $XX with median score of 702 is less than the guideline requirement of 720.<br>A copy of an exception approval letter is available in the loan file. | LTV: 68.27% LTV is less than the guideline requirement of 80.00%.<br>Reserves: The 36 months of available reserves are more than the guideline requirement of 8 months. | Single Family | 04/XX/2025 | 68.269% | 68.269% | Primary | Cash Out | 702 | 2.58 | XX | 19.25 | $216495.92 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:30<br> Verification Type:Credit Report | $255738.01 | 9.128% |  | Alternative | QC Complete | 05/XX/2025 |
| 9745022302 | XX | XX |  | XX | Texas | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 792 |  | XX | 9.5 | $71863.26 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 11.371% | No | Alternative | QC Complete | 04/XX/2025 |
| 9746448571 | XX | XX |  | XX | Ohio | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 05/XX/2025 | 85.000% | 85.000% | Investor | Purchase | 743 |  | XX | 13.83 | $38300.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 22.961% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 9746517201 | XX | XX |  | XX | Virginia | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 4 Family | 05/XX/2025 | 70.000% | 70.000% | Investor | Purchase | 689 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/XX/2025 |
| 9746702514 | XX | XX |  | XX | Texas | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 783 |  | XX | 6.08 | $13660.29 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 45.205% | No | Alternative | QC Complete | 05/XX/2025 |
| 9746929729 | XX | XX |  | XX | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) LOE - EV R<br> COMMENT: Provide a letter of explanation for excluding the HOA fees of $654.00 from the DTI calculation.<br>Resolved- 06/XX/2025- The HOA amount is now reflected in the appraisal document, condition resolved.<br>\*\*\* (CURED) Missing proof of hazard insurance - EV R<br> COMMENT: The master policy expired on 05/XX/2025. Please provide unexpired master policy.<br>Resolved 05/XX/2025 - Received HOI with expiry date 5/XX/2026, condition resolved. |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 793 |  | XX | 3.25 | $10833.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 37.242% | Yes | Full Documentation | QC Complete | 05/XX/2025 |
| 9747012376 | XX | XX |  | XX | Texas | Non-QM/Compliant | 4 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.239% Allowed 8.310% Overby +0.929%<br>This loan is compliant with regulation 1026.35. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: To allow EAD card category C10.<br>A copy of an exception approval letter is available in the loan file. | DTI: 47.39% DTI is less than the maximum guideline requirement of 50.00%.<br>Reserves: The 9 months of available reserves are more than the guideline requirement of 3 months.<br>FICO: 717 FICO exceeds the guideline requirement of 700. | PUD | 05/XX/2025 | 85.000% | 85.000% | Primary | Purchase | 717 |  | XX | 4.75 | $24484.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 47.391% | No | Alternative | QC Complete | 05/XX/2025 |
| 9747261791 | XX | XX |  | XX | Ohio | Non-QM/Compliant | 4 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Letter of explanation for addresses reported in the credit report - EV R<br> COMMENT: Provide a letter of explanation for below addresses reflecting on credit report.<br>(1) XX - reported 02/22 - 03/25.<br> (2) XX - Reported 11/23 - 02/25.<br>Resolved 05/XX/2025 - Received LOE for the above mentioned address as 1. Mother address in Gift letter & Non borrower address, condition resolved.<br>\*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 10.000% Allowed 8.120% Overby +1.880%.<br>This loan is compliant with regulation 1026.35.<br>\*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: The address on lease agreement (XX does not match with the current address (XX) on final 1003. Provide updated final 1003 with borrower current address.<br>Resolved 05/XX/2025 - Received client response as the both address are mentioning the same property there is no lease agreement, condition resolved. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: close with one of two account owners as a borrower on a personal bank statement loan.<br>A copy of an exception approval letter is available in the loan file. | DTI: 43.76% DTI is less than the maximum guideline requirement of 50.00%.<br>Residual Income : $8,186.94 monthly<br>Reserves: The 14 months of available reserves are more than the guideline requirement of 3 months. | PUD | 04/XX/2025 | 90.000% | 90.000% | Primary | Purchase | 720 |  | XX | 2.08 | $14556.76 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 43.759% | Yes | Alternative | QC Complete | 04/XX/2025 |
| 9747619105 | XX | XX |  | XX | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide updated supplemental report with amount of title insurance covering the loan amount $XX.<br>Resolved 04/XX/2025 - Received final title report, condition resolved. |  |  | Single Family | 04/XX/2025 | 74.257% | 74.257% | Primary | Cash Out | 712 | 16.17 | XX | 5.25 | $18688.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $98549.91 | 37.709% |  | Alternative | QC Complete | 04/XX/2025 |
| 9748441335 | XX | XX |  | XX | Arizona | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Missing Initial 1003_Application - EV R<br> COMMENT: Missing Initial 1003.<br>Resolved 04/XX/2025 - Received Initial 1003, condition resolved. |  |  | Single Family | 04/XX/2025 | 75.000% | 75.000% | Investor | Cash Out | 744 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $50056.69 |  |  | Alternative | QC Complete | 04/XX/2025 |
| 9748469013 | XX | XX |  | XX | Florida | Non-QM/Compliant | 4 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.290% Allowed 8.240% Overby +0.050%.<br>This loan is compliant with regulation 1026.35. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Exception for use of 2 SE businesses on SmartSelf income calculation<br>A copy of an exception approval letter is available in the loan file. | FICO: 725 FICO exceeds the guideline requirement of 700.<br>Reserves: The 5 months of available reserves are more than the guideline requirement of 3 months.<br>DTI: 38.84% DTI is less than the maximum guideline requirement of 50.00%. | Single Family | 05/XX/2025 | 85.000% | 85.000% | Primary | Purchase | 725 |  | XX | 2.25 | $26197.05 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 38.842% | No | Alternative | QC Complete | 06/XX/2025 |
| 9748539567 | XX | XX |  | XX | Texas | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Credit report incomplete - EV R<br> COMMENT: Trade line for XX is not included in the credit report. Provide a copy of the credit supplement report.<br>Resolved 06/XX/2025 - Received LOX as the XX account# is already available in Page 13 of credit report, condition resolved. |  |  | Single Family | 05/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 700 |  | XX | 5.58 | $18740.07 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 48.720% | No | Alternative | QC Complete | 05/XX/2025 |
| 9748767564 | XX | XX |  | XX | Nevada | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 56.710% | 56.710% | Investor | Purchase | 806 |  | XX | 2 | $16702.40 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 31.254% | No | Full Documentation | QC Complete | 04/XX/2025 |
| 9748855187 | XX | XX |  | XX | California | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 85.000% | 85.000% | Primary | Purchase | 799 |  | XX | 5.33 | $48313.43 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 49.725% | No | Alternative | QC Complete | 05/XX/2025 |
| 9749196599 | XX | XX |  | XX | Georgia | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 40.733% | 40.733% | Primary | Purchase | 792 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/XX/2025 |
| 9749940483 | XX | XX |  | XX | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Missing supporting document for HOA dues at $96.00 reflecting on final application.<br>Resolved 05/XX/2025 - Received LOE stating " cost were inflated for conservative purpose as $96 was added at initial review", condition resolved. |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 782 |  | XX | 16.66 | $82347.95 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 34.424% | No | Alternative | QC Complete | 04/XX/2025 |
| 9750299977 | XX | XX |  | XX | Texas | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 69.545% | 69.545% | Primary | Purchase | 752 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Full Documentation | QC Complete | 05/XX/2025 |
| 9750830037 | XX | XX |  | XX | Texas | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 4 Family | 04/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 744 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 9751115370 | XX | XX |  | XX | Texas | Non-QM/Compliant | 4 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Missing Required Disclosures - EV R<br> COMMENT: Missing Settlement Service Provider list.<br>Resolved 4/XX/2025: Received Settlement Service Provider List dated 3/XX/2025 and exception is cleared.<br>\*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.455% Allowed 8.150% Overby +1.305%<br>This loan is compliant with regulation 1026.35. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Use funds sourced from an ineligible UTMA account.<br>A copy of an exception approval letter is available in the loan file. | DTI: 21.49% DTI is less than the maximum guideline requirement of 50.00%.<br>FICO: 694 FICO exceeds the guideline requirement of 660. | PUD | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 694 |  | XX | 4.92 | $24253.14 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Verification of Rent |  | 21.498% | Yes | Alternative | QC Complete | 04/XX/2025 |
| 9751206849 | XX | XX |  | XX | Texas | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 63.946% | 63.946% | Primary | Refinance | 798 | 1.58 | XX | 5.42 | $7864.15 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 28.459% |  | Alternative | QC Complete | 06/XX/2025 |
| 9751268070 | XX | XX |  | XX | Michigan | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Prepayment Rider Missing - EV R<br> COMMENT: Missing prepayment rider.<br>Resolved 05/XX/2025 - Received Prepayment Rider, condition resolved. |  |  | 4 Family | 04/XX/2025 | 85.000% | 85.000% | Investor | Purchase | 769 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 9751511164 | XX | XX |  | XX | New Jersey | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 40.385% | 40.385% | Primary | Cash Out | 690 | 25 | XX | 25.25 | $33684.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $48825.98 | 17.205% |  | Alternative | QC Complete | 05/XX/2025 |
| 9751892259 | XX | XX |  | XX | Arizona | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Income documentation does not meet guidelines - EV R<br> COMMENT: Missing bank statements for XX for the months of September 2024, October 2024, November 2024, and December 2024.<br>Resolved 04/XX/2025 - Received Bank statements for all months, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide a supporting document or final closing disclosure with a payment of $10,611.00 (XX) for the property at XX<br>Resolved 04/XX/2025 - Received Final CD with payment $10,611.00, condition resolved. |  |  | PUD | 03/XX/2025 | 70.000% | 70.000% | Investor | Cash Out | 793 |  | XX | 11 | $50026.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $259489.45 | 49.839% |  | Alternative | QC Complete | 04/XX/2025 |
| 9752739814 | XX | XX |  | XX | Massachusetts | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 04/XX/2025 | 51.870% | 51.870% | Primary | Cash Out | 782 | 16.42 | XX | 6.83 | $8015.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $82518.62 | 24.761% |  | Full Documentation | QC Complete | 05/XX/2025 |
| 9752987421 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 804 |  | XX | 9.75 | $41998.36 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 9.216% | Yes | Alternative | QC Complete | 06/XX/2025 |
| 9753220442 | XX | XX |  | XX | Texas | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.991% Allowed 8.370% Overby +0.621%.<br>This loan is compliant with regulation 1026.35. |  |  | PUD | 05/XX/2025 | 90.000% | 90.000% | Primary | Purchase | 728 |  | XX | 2.58 | $8096.08 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 48.613% | Yes | Alternative | QC Complete | 06/XX/2025 |
| 9753441212 | XX | XX |  | XX | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 60.000% | 60.000% | Investor | Purchase | 799 |  | XX | 19.5 | $15522.58 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 27.759% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 9753515171 | XX | XX |  | XX | California | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 39.355% | 39.355% | Primary | Cash Out | 705 | 7.42 | XX | 5.25 | $10154.73 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $158992.78 | 48.959% |  | Alternative | QC Complete | 05/XX/2025 |
| 9753615211 | XX | XX |  | XX | Georgia | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 47.566% | 47.566% | Secondary | Purchase | 799 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Full Documentation | QC Complete | 04/XX/2025 |
| 9754020346 | XX | XX |  | XX | Oregon | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 745 |  | XX | 2.5 | $14696.47 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 49.036% | No | Alternative | QC Complete | 05/XX/2025 |
| 9754056134 | XX | XX |  | XX | New Mexico | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: The amount of title insurance of $220,000.00 on the Title Commitment is less than the loan amount $XX<br>Resolved 04/XX/2025 - Received title insured amount, condition resolved.<br>\*\*\* (CURED) ComplianceEase TRID Tolerance Test is Incomplete - EV R<br> COMMENT: Initial Closing Disclosure is Missing.<br>Resolved 04/XX/2025: Received Initial Closing Disclosure dated 3/XX/2025 and exception is cleared. |  |  | Single Family | 03/XX/2025 | 80.000% | 80.000% | Primary | Cash Out | 735 | 9.42 | XX | 16.75 | $33782.92 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $105412.39 | 23.138% |  | Alternative | QC Complete | 04/XX/2025 |
| 9754271063 | XX | XX |  | XX | South Carolina | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 799 |  | XX | 45.08 | $16895.01 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 29.232% | No | Alternative | QC Complete | 06/XX/2025 |
| 9754537281 | XX | XX |  | XX | New York | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.189% Allowed 8.160% Overby +0.029%.<br>This loan is compliant with regulation 1026.35. |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Primary | Cash Out | 759 | 2.08 | XX | 2.83 | $262749.56 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $463507.28 | 8.745% |  | Alternative | QC Complete | 04/XX/2025 |
| 9755031078 | XX | XX |  | XX | California | Non-QM/Compliant | 3 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: The $700,000 coverage amount on the title report is less than the mortgage loan amount of $XX<br>Resolved 05/XX/2025 - Received title insured amount, condition resolved. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: The loan exceeds the allowable threshold of six NSF events within a 12-month period, with a total of 20 NSF events recorded over the past year.<br>A copy of an exception approval letter is available in the loan file. | DTI: 37.37% DTI is less than the maximum guideline requirement of 50.00%.<br>LTV: 55.56% LTV is less than the guideline requirement of 75.00%.<br>FICO: 692 FICO exceeds the guideline requirement of 660. | Single Family | 04/XX/2025 | 55.556% | 55.556% | Primary | Cash Out | 692 | 7 | XX | 10.83 | $22087.96 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $37885.95 | 37.366% |  | Alternative | QC Complete | 04/XX/2025 |
| 9755038875 | XX | XX |  | XX | Texas | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 50.000% | 50.000% | Primary | Cash Out | 688 | 9.92 | XX | 9.16 | $41967.65 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $95629.53 | 15.910% |  | Alternative | QC Complete | 06/XX/2025 |
| 9755173375 | XX | XX |  | XX | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 05/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 774 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/XX/2025 |
| 9755572998 | XX | XX |  | XX | Arizona | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.474% Allowed 8.310% Overby +0.164%.<br>This loan is compliant with regulation 1026.35. |  |  | Single Family | 04/XX/2025 | 85.000% | 85.000% | Primary | Purchase | 739 |  | XX | 10.25 | $30915.20 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 22.709% | No | Alternative | QC Complete | 05/XX/2025 |
| 9755690600 | XX | XX |  | XX | Utah | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: The amount of title insurance of $361,000.00 on the Title Commitment is less than the loan amount $XX<br>Resolved 05/XX/2025 - Received title report, condition resolved. |  |  | Single Family | 04/XX/2025 | 69.615% | 69.615% | Primary | Refinance | 764 | 1.33 | XX | 6.25 | $37503.05 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 17.749% |  | Alternative | QC Complete | 05/XX/2025 |
| 9756249612 | XX | XX |  | XX | New York | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 749 |  | XX | 8.66 | $13912.08 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 44.755% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 9756499373 | XX | XX |  | XX | California | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 04/XX/2025 - Received insured amount, condition resolved. |  |  | Single Family | 04/XX/2025 | 49.124% | 49.124% | Investor | Refinance | 792 |  | XX | 9.25 | $31414.67 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 34.117% |  | Alternative | QC Complete | 04/XX/2025 |
| 9757326880 | XX | XX |  | XX | Arkansas | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Missing Seller CD or settlement statement for sale ofXX showing net proceeds of $XX and payoff of XX<br>Resolved 05/XX/2025 - Received seller CD for the property XX condition resolved. |  |  | Single Family | 04/XX/2025 | 75.000% | 75.000% | Primary | Purchase | 790 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Full Documentation | QC Complete | 04/XX/2025 |
| 9757353389 | XX | XX |  | XX | Connecticut | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 783 |  | XX | 14.08 | $14738.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 33.650% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 9757662102 | XX | XX |  | XX | Alaska | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) LOE - EV R<br> COMMENT: Provide a letter of explanation for borrower having no primary housing expense.<br>Resolved 05/XX/2025 - Received LOE as borrower is not having any housing expense in properties, condition resolved.<br>\*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.910% Allowed 8.160% Overby +1.750%.<br>This loan is compliant with regulation 1026.35. |  |  | Single Family | 04/XX/2025 | 75.000% | 75.000% | Primary | Purchase | 697 |  | XX | 2.25 | $10880.60 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 43.640% | No | Alternative | QC Complete | 05/XX/2025 |
| 9757912069 | XX | XX |  | XX | Utah | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 68.006% | 68.006% | Primary | Refinance | 813 | 1.33 | XX | 12.5 | $67682.46 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 14.221% |  | Alternative | QC Complete | 04/XX/2025 |
| 9758059324 | XX | XX |  | XX | Arizona | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 75.000% | 75.000% | Primary | Purchase | 772 |  | XX | 4.92 | $17056.73 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 43.185% | No | Alternative | QC Complete | 05/XX/2025 |
| 9758133442 | XX | XX |  | XX | Michigan | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 85.000% | 85.000% | Investor | Purchase | 770 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/XX/2025 |
| 9758472410 | XX | XX |  | XX | Pennsylvania | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide a proof of mortgage payments and related expenses for REO property located at XX<br>Resolved 05/XX/2025 - Received proof documents for the REO Property, condition resolved. |  |  | Single Family | 04/XX/2025 | 50.000% | 50.000% | Primary | Refinance | 793 | 7 | XX | 3.42 | $5899.11 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 44.039% |  | Alternative | QC Complete | 05/XX/2025 |
| 9759138671 | XX | XX |  | XX | Texas | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: The amount of proposed Lender's coverage on the Title Commitment is less than the loan amount. The document reflects coverage in the amount of $600,000.00, however, the Note reflects a loan amount of $XX.<br>Resolved 05/XX/2025 - Received title insured amount, condition resolved. |  |  | PUD | 05/XX/2025 | 70.000% | 70.000% | Investor | Cash Out | 734 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $165803.63 |  |  | Alternative | QC Complete | 05/XX/2025 |
| 9759942924 | XX | XX |  | XX | California | Non-QM/Compliant | 3 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Final Application Incomplete - EV R<br> COMMENT: The final 1003 application is incomplete (sides have been partially cut off). Provide a copy that is legible.<br>Resolved 06/XX/2025 - Received legible final 1003, condition resolved.<br>\*\*\* (CURED) Note is missing or unexecuted - EV R<br> COMMENT: Note document is incomplete (sides are cut off) .Provide a legible document.<br>Resolved 05/XX/2025 - Received note document, condition resolved.<br>\*\*\* (CURED) Quality of Appraisal Report Unacceptable - EV R<br> COMMENT: The appraisal dated 04/XX/2025 and valued at $XX is partially cut off. Provide a legible copy of the appraisal report.<br>Resolved 05/XX/2025 - Received legible copy of appraisal report, condition resolved. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Exception 1: Borrower DTI 52.83% exceeds guideline maximum DTI 50%.<br>Exception 2: Grossing up non-taxable income by standard FNMA Allowance of 125%.<br>A copy of an exception approval letter is available in the loan file. | FICO: 770 FICO exceeds the guideline requirement of 700.<br>LTV: 70.29% LTV is less than the guideline requirement of 80.00%. | Single Family | 05/XX/2025 | 70.238% | 70.238% | Primary | Purchase | 770 |  |  |  | $13390.12 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 52.834% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 9760008921 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 700 |  | XX | 18.25 | $16218.65 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 45.881% | No | Alternative | QC Complete | 06/XX/2025 |
| 9760088345 | XX | XX |  | XX | Georgia | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.444% Allowed 8.200% Overby +0.244%<br>This loan is compliant with regulation 1026.35. |  |  | PUD | 04/XX/2025 | 80.000% | 80.000% | Primary | Cash Out | 703 | 1.33 | XX | 11 | $123934.87 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $52255.41 | 28.501% |  | Alternative | QC Complete | 05/XX/2025 |
| 9760306226 | XX | XX |  | XX | Washington | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide a copy of the updated title supplement report. The current proposed Lender's title insurance coverage amount of $461,250 is insufficient to cover the loan amount of $XX<br>Resolved 05/XX/2025 - Received title supplement report, condition resolved. |  |  | PUD | 05/XX/2025 | 75.000% | 75.000% | Investor | Cash Out | 769 |  | XX | 6.33 | $80431.24 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $237564.56 | 24.762% |  | Alternative | QC Complete | 05/XX/2025 |
| 9760814807 | XX | XX |  | XX | South Carolina | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 80.000% | 80.000% | Primary | Refinance | 721 | 2.66 | XX | 5.25 | $9081.85 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 40.223% |  | Alternative | QC Complete | 04/XX/2025 |
| 9760963455 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 80.000% | 80.000% | Secondary | Purchase | 726 |  | XX | 6.83 | $48168.02 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 24.910% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 9761738203 | XX | XX |  | XX | Michigan | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 85.000% | 85.000% | Investor | Purchase | 737 |  | XX | 40.08 | $304511.08 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 17.146% | No | Alternative | QC Complete | 06/XX/2025 |
| 9761774653 | XX | XX |  | XX | Michigan | Non-QM/Compliant | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: First 7 months of 12 months bank statements had a joint account holder vs no joint account holders permitted for 12 month smart Self loan.<br>A copy of an exception approval letter is available in the loan file. | DTI: 39.78% DTI is less than the maximum guideline requirement of 50.00%.<br>FICO: 739 FICO exceeds the guideline requirement of 700.<br>| Single Family | 05/XX/2025 | 85.000% | 85.000% | Primary | Purchase | 739 |  | XX | 2.25 | $4079.72 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 39.786% | Yes | Alternative | QC Complete | 06/XX/2025 |
| 9761798470 | XX | XX |  | XX | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 79.359% | 79.359% | Investor | Purchase | 794 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 04/XX/2025 |
| 9761845735 | XX | XX |  | XX | New Jersey | Non-QM/Compliant | 4 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Cashout of $516,711.54 exceeds the guidelines for maximum cashout of $500,000.<br>Waived 05/XX/2025 - Received Exception letter, condition waived. | Reserves: The 94 months of available reserves are more than the guideline requirement of 6 months.<br>FICO: 748 FICO exceeds the guideline requirement of 680.<br>DTI: 37.58% DTI is less than the maximum guideline requirement of 50.00%. | Single Family | 04/XX/2025 | 80.000% | 80.000% | Primary | Cash Out | 748 | 2.08 | XX | 2 | $63978.07 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $516711.54 | 37.587% |  | Alternative | QC Complete | 05/XX/2025 |
| 9762008713 | XX | XX |  | XX | California | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 65.000% | 65.000% | Primary | Refinance | 800 | 0.66 |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  |  | Full Documentation | QC Complete | 05/XX/2025 |
| 9762060672 | XX | XX |  | XX | Florida | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Hazard Insurance Coverage less than Loan Amount - EV R<br> COMMENT: Dwelling coverage ($265,000.00) is reflected on the hazard insurance policy and replacement cost on dwelling up to coverage an amount and 25% of coverage A ($331250). However, the dwelling amount is not sufficient to cover the loan amount (XX).<br>Resolved 06/XX/2025 - Received LOE for full replacement cost value $265,000, condition resolved. |  |  | PUD | 05/XX/2025 | 75.000% | 75.000% | Primary | Purchase | 717 |  | XX | 12.16 | $101663.46 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 33.510% | No | Alternative | QC Complete | 06/XX/2025 |
| 9762269232 | XX | XX |  | XX | Texas | Non-QM/Compliant | 3 | 2 | 1 | 1 | 2 | No | No |  |  | \*\*\* (CURED) ComplianceEase TRID Tolerance Test Failed - EV C<br> COMMENT: TRID violation due to credit report fee increase on Final CD dated 04/XX/2025.Initial LE dated 03/XX/2025 reflects credit report fee as $86.00 however, Final CD dated 04/XX/2025 reflects the credit report fee as $91.00.Require PCCD/COC to cure the tolerance violation of $5.00.<br>Cured 05/XX/2025: Received post Consummation closing disclosure dated 05/XX/2025 and exception is cured. |  |  | PUD | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 816 |  | XX | 3.75 | $31773.97 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 18.005% | No | Alternative | QC Complete | 05/XX/2025 |
| 9762792472 | XX | XX |  | XX | California | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 3 Family | 04/XX/2025 | 50.819% | 50.819% | Primary | Refinance | 798 | 0.83 | XX | 8.25 | $403465.76 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 6.506% |  | Alternative | QC Complete | 04/XX/2025 |
| 9763259885 | XX | XX |  | XX | North Carolina | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.031% Allowed 8.380% Overby +0.651%.<br>This loan is compliant with regulation 1026.35. |  |  | Single Family | 05/XX/2025 | 75.000% | 75.000% | Primary | Cash Out | 681 | 19 | XX | 12.92 | $55028.29 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $209125.45 | 16.691% |  | Alternative | QC Complete | 05/XX/2025 |
| 9763977346 | XX | XX |  | XX | California | Not Covered/Exempt | 3 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 04/XX/2025: Supplemental title report has been received. | \*\*\* (WAIVED) DTI > 50% - EV W<br> COMMENT: DTI exceeds more than 50%.<br>A copy of an exception approval letter is available in the loan file. | FICO: 768 FICO exceeds the guideline requirement of 660.<br>Reserves: The 37 months of available reserves are more than the guideline requirement of 15 months.<br>| 2 Family | 04/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 768 |  | XX | 20 | $20708.32 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 54.759% | No | Full Documentation | QC Complete | 04/XX/2025 |
| 9764097763 | XX | XX |  | XX | Alabama | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Missing Required Disclosures - EV R<br> COMMENT: Missing Settlement Service Provider List.<br>Resolved 4/XX/2025: Received Settlement Service Provider List dated 03/XX/2025 and exception is cleared. |  |  | High Rise Condo (>=9 Stories) | 04/XX/2025 | 80.000% | 80.000% | Secondary | Purchase | 803 |  | XX | 12 | $31994.10 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 44.348% | No | Full Documentation | QC Complete | 04/XX/2025 |
| 9765153193 | XX | XX |  | XX | Pennsylvania | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 3 Family | 05/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 745 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/XX/2025 |
| 9765317426 | XX | XX |  | XX | Georgia | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 767 |  | XX | 5.16 | $24710.99 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 41.724% | Yes | Full Documentation | QC Complete | 06/XX/2025 |
| 9765452512 | XX | XX |  | XX | Georgia | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 69.740% | 69.740% | Primary | Refinance | 744 | 0.83 | XX | 2.29 | $46219.24 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 39.472% |  | Full Documentation | QC Complete | 06/XX/2025 |
| 9765511341 | XX | XX |  | XX | Illinois | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 3 Family | 05/XX/2025 | 73.438% | 73.438% | Investor | Cash Out | 756 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $151955.47 |  |  | Alternative | QC Complete | 05/XX/2025 |
| 9765541173 | XX | XX |  | XX | Texas | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 3 Family | 05/XX/2025 | 85.000% | 85.000% | Investor | Purchase | 746 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 9765766960 | XX | XX |  | XX | Florida | Non-QM/Compliant | 4 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.368% Allowed 8.310% Overby +0.058%.<br>This loan is compliant with regulation 1026.35.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Missing CPA letter.<br>Resolved 05/XX/2025 - Received CPA Letter, condition resolved. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Requesting exception to use 100% of business assets instead of 75% (xx)<br>A copy of an exception approval letter is available in the loan file. | FICO: 703 FICO exceeds the guideline requirement of 660.<br>DTI: 20.97% DTI is less than the maximum guideline requirement of 43.00%.<br>Reserves: The 6 months of available reserves are more than the guideline requirement of 3 months.<br>| Low Rise Condo (1-4 Stories) | 04/XX/2025 | 85.000% | 85.000% | Primary | Purchase | 703 |  | XX | 7.75 | $16134.39 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 20.975% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 9765789665 | XX | XX |  | XX | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 755 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 9765982898 | XX | XX |  | XX | Wisconsin | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 56.583% | 56.583% | Primary | Purchase | 720 |  | XX | 26.33 | $3886.92 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 42.965% | No | Alternative | QC Complete | 05/XX/2025 |
| 9766008529 | XX | XX |  | XX | Missouri | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 85.000% | 85.000% | Investor | Purchase | 801 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 9766218532 | XX | XX |  | XX | Georgia | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 785 |  | XX | 1.58 | $27500.50 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 45.803% | No | Full Documentation | QC Complete | 06/XX/2025 |
| 9766265939 | XX | XX |  | XX | Pennsylvania | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 04/XX/2025 | 50.000% | 50.000% | Investor | Purchase | 735 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 9766445424 | XX | XX |  | XX | Massachusetts | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 04/XX/2025 | 37.500% | 37.500% | Primary | Cash Out | 741 | 19.33 | XX | 28.25 | $9666.07 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $232350.76 | 45.558% |  | Alternative | QC Complete | 04/XX/2025 |
| 9767698518 | XX | XX |  | XX | Nevada | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) ComplianceEase TRID Tolerance Test is Incomplete - EV R<br> COMMENT: Missing Initial Closing Disclosure.<br>Resolved 04/XX/2025: Received Initial Closing Disclosure dated 04/XX/2025 and exception is cleared. |  |  | PUD | 04/XX/2025 | 53.125% | 53.125% | Primary | Purchase | 763 |  | XX | 2 | $27586.55 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 44.781% | No | Alternative | QC Complete | 04/XX/2025 |
| 9767903561 | XX | XX |  | XX | Massachusetts | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Loan does not conform to program guidelines - EV R<br> COMMENT: The loan exceeds the allowable threshold of six NSF events within a 12-month period, with a total of 10 NSF events recorded over the past year.<br>Resolved 05/XX/2025 - Received LOE for allowing the 10 NSF accounts with updated guideline 04/XX/2025, Condition Resolved. |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Primary | Cash Out | 761 | 27 | XX | 3.75 | $25985.41 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $130640.77 | 36.489% |  | Alternative | QC Complete | 04/XX/2025 |
| 9768157282 | XX | XX |  | XX | New York | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 48.638% | 48.638% | Primary | Purchase | 734 |  | XX | 3.08 | $23627.90 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 34.179% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 9768783038 | XX | XX |  | XX | Maryland | Non-QM/Compliant | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: FTHB living rent free over 12 months. <br>A copy of an exception approval letter is available in the loan file. | FICO: 781 FICO exceeds the guideline requirement of 660.<br>DTI: 22.51% DTI is less than the maximum guideline requirement of 50.00%. | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 781 |  | XX | 20.33 | $23615.34 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 22.512% | Yes | Alternative | QC Complete | 06/XX/2025 |
| 9768878218 | XX | XX |  | XX | Oregon | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: (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.<br>Higher-Priced Mortgage Loan Test: Charged 9.933% Allowed 9.300% Overby+0.633%.<br>This loan is compliant with regulation 1026.35. |  |  | Single Family | 05/XX/2025 | 90.000% | 90.000% | Primary | Purchase | 746 |  | XX | 3.91 | $21065.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 42.565% | Yes | Alternative | QC Complete | 06/XX/2025 |
| 9768996911 | XX | XX |  | XX | Arizona | Non-QM/Compliant | 3 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Reverification within 10 days is missing - EV R<br> COMMENT: Missing verbal verification of employment within 10 business days from closing date.<br>Resolved 04/XX/2025 - Received VVOE for borrower, condition resolved. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Borrowers individually own 20% of the business being used to qualify for a combined 40%. Allowing use of SELF product along with 75% of business assets.<br>A copy of an exception approval letter is available in the loan file. | FICO: 782 FICO exceeds the guideline requirement of 700.<br>DTI: 23.28% DTI is less than the maximum guideline requirement of 50.00%. | PUD | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 782 |  | XX | 2.25 | $37537.82 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 23.285% | No | Alternative | QC Complete | 04/XX/2025 |
| 9771089027 | XX | XX |  | XX | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 728 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/XX/2025 |
| 9771216810 | XX | XX |  | XX | Washington | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Loan does not conform to program guidelines - EV R<br> COMMENT: Cash out of $1,470,482.96 with LTV 52.26% does not meet the guideline of maximum cash-out of $750,000.00 for LTV less than 60%.<br>Resolved 04/XX/2025 - Received client response as this is delayed financing loan. |  |  | PUD | 04/XX/2025 | 52.265% | 52.265% | Primary | Cash Out | 703 | 11.25 | XX | 14.16 | $467428.14 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $1470482.96 | 8.444% |  | Alternative | QC Complete | 06/XX/2025 |
| 9771269223 | XX | XX |  | XX | Georgia | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Initial Escrow Acct Disclosure missing; loan has escrows - EV R<br> COMMENT: Missing Initial Escrow Account Disclosure.<br>Resolved 05/XX/2025: Received Initial Escrow Account Disclosure dated 04/XX/2025 and exception is cleared. |  |  | PUD | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 731 |  | XX | 12.83 | $35497.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 28.943% | No | Alternative | QC Complete | 05/XX/2025 |
| 9771585859 | XX | XX |  | XX | New York | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 38.469% | 38.469% | Primary | Purchase | 801 |  |  |  | $5500.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 43.157% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 9771609857 | XX | XX |  | XX | Washington | Non-QM/Compliant | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Cashout of $915,323.17 does not meet the guideline for maximum cashout of $750,000.00.<br>A copy of an exception approval letter is available in the loan file. | Reserves: The 159 months of available reserves are more than the guideline requirement of 9 months.<br>LTV: 32.05% LTV is less than the guideline requirement of 85.00%.<br>FICO: 738 FICO exceeds the guideline requirement of 700. | Single Family | 05/XX/2025 | 32.045% | 32.045% | Primary | Cash Out | 738 | 12.08 | XX | 35 | $28950.67 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $929621.17 | 47.429% |  | Full Documentation | QC Complete | 05/XX/2025 |
| 9771744217 | XX | XX |  | XX | Florida | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: The $488,000 coverage amount on the title report is less than the mortgage loan amount of $XX<br>Resolved 05/XX/2025 - Received title insured amount, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide a copy of CPA letter showing 100% ownership of borrower CC and the business CC<br>Resolved 05/XX/2025- Received client response as both borrower holds 50% each, condition resolved. |  |  | PUD | 04/XX/2025 | 46.121% | 46.121% | Primary | Cash Out | 786 | 31 | XX | 16.75 | $27833.84 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $462407.32 | 6.919% |  | Alternative | QC Complete | 05/XX/2025 |
| 9771965994 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 71.429% | 71.429% | Primary | Purchase | 784 |  |  |  | $13124.14 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 30.481% | No | Alternative | QC Complete | 06/XX/2025 |
| 9772000619 | XX | XX |  | XX | Mississippi | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.569% Allowed 8.380% Overby +0.189%<br>This loan is compliant with regulation 1026.35 |  |  | Single Family | 05/XX/2025 | 85.000% | 85.000% | Primary | Refinance | 729 | 0.5 | XX | 5 | $242413.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 1.868% |  | Alternative | QC Complete | 05/XX/2025 |
| 9772304912 | XX | XX |  | XX | New York | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.152% Allowed 8.150% Overby +0.002%<br>This loan is compliant with regulation 1026.35.<br>\*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Missing condo questionnaire.<br>Resolved 04/XX/2025 - Received LOE from client " 2-4 Unit projects do not require a condo questionnaire" , Condition resolved. |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 85.000% | 85.000% | Primary | Purchase | 806 |  | XX | 5.5 | $23759.89 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 48.497% | Yes | Alternative | QC Complete | 04/XX/2025 |
| 9772442555 | XX | XX |  | XX | Oregon | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 783 |  | XX | 23.75 | $42014.80 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 42.524% | No | Full Documentation | QC Complete | 04/XX/2025 |
| 9772756152 | XX | XX |  | XX | Florida | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: The $119,000 coverage amount on the title report is less than the mortgage loan amount of $XX".<br>06/XX/2025: The copy of title commitment resolves the condition. |  |  | Single Family | 05/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 753 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/XX/2025 |
| 9772853314 | XX | XX |  | XX | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 70.000% | 70.000% | Investor | Purchase | 779 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 9773724381 | XX | XX |  | XX | Texas | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 05/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 800 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 9773805438 | XX | XX |  | XX | Ohio | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 75.000% | 75.000% | Investor | Cash Out | 768 |  | XX | 4.08 | $17380.44 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $149622.52 | 48.070% |  | Alternative | QC Complete | 05/XX/2025 |
| 9773846747 | XX | XX |  | XX | Florida | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Allowed 8.650% Charged 8.150% Overby +0.500%.<br>This loan is compliant with regulation 1026.35 |  |  | 2 Family | 04/XX/2025 | 90.000% | 90.000% | Primary | Purchase | 802 |  | XX | 8.83 | $27039.44 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 32.578% | No | Alternative | QC Complete | 05/XX/2025 |
| 9773935292 | XX | XX |  | XX | New York | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 746 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 9774103098 | XX | XX |  | XX | Washington | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 776 |  | XX | 3.5 | $10626.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 38.261% | Yes | Alternative | QC Complete | 06/XX/2025 |
| 9774653357 | XX | XX |  | XX | New York | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 05/XX/2025 | 48.000% | 48.000% | Primary | Cash Out | 670 | 17 | XX | 16.33 | $4430.84 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $76529.09 | 44.865% |  | Alternative | QC Complete | 06/XX/2025 |
| 9775071658 | XX | XX |  | XX | South Carolina | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 762 |  | XX | 4.08 | $49529.95 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 4.961% | No | Alternative | QC Complete | 06/XX/2025 |
| 9776087604 | XX | XX |  | XX | Oregon | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) LOE - EV R<br> COMMENT: Provide a copy of Mortgage statement, Tax and insurance for the propertyCC or provide proof of payoff.<br>Resolved 05/XX/2025 - Received Final CD & note document for tax & Insurance, condition resolved.<br>\*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Title report shows coverage of $288,000.00, which is less than the loan amount of $XX. Provide a title supplement or an updated title report reflecting title insurance coverage that is equal to or greater than the loan amount.<br>Resolved 05/XX/2025 - Received title insured amount, condition resolved.<br>\*\*\* (CURED) Final Application Incomplete - EV R<br> COMMENT: The REO section on the final 1003 reflects the subject property located at XX as a primary residence. However, the loan purpose is a refinance of an investment property. Provide update the occupancy status on the final 1003 to correctly reflect the subject property as non-owner occupied/investment.<br>Resolved 05/XX/2025 - Received corrected final 1003, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide lease agreement or schedule E (page #1) to validate the rental income for the below properties.<br>XX<br>Resolved 05/XX/2025 - Received Lease agreement , condition resolved.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide business bank statement(XX) to calculate the co-borrower (XX) income as they are missing.<br>Resolved 05/XX/2025 - Received business bank statement, condition resolved. |  |  | Single Family | 04/XX/2025 | 75.000% | 75.000% | Investor | Cash Out | 729 |  |  |  | $0.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $203270.18 | 43.333% |  | Alternative | QC Complete | 05/XX/2025 |
| 9776599186 | XX | XX |  | XX | Texas | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: The Title Commitment reflects a title insurance coverage amount of $250,000.00, which is less than the loan amount of $XX. Provide an updated Title Commitment or Title Supplement with coverage that meets or exceeds the full loan amount.<br>Resolved 05/XX/2025 - Received Title insured amount, condition resolved.<br>\*\*\* (CURED) Final Application Incomplete - EV R<br> COMMENT: Final 1003 Corrections Required: 1. The borrower's current address listed on the Final 1003 is XX while the primary residence is XX . need to update current address section to reflect the correct primary residence. 2. The borrower is employed by XX, but the current employment section indicates self-employment. Provide final 1003 to update the employment section to reflect the correct employer.<br>Resolved 05/XX/2025 - Received Corrected final 1003, condition resolved.<br>\*\*\* (CURED) No HOA fees on appraisal and property identified as a PUD - EV R<br> COMMENT: The subject property is a PUD, but the appraisal reflects an HOA fee of $0. Additionally, the occupancy is not marked as Owner-Occupied. Provide an updated appraisal that includes the correct HOA fee and reflects the property as Owner-Occupied.<br>Resolved 05/XX/2025 - Received appraisal report with updated HOA fee $250, condition resolved. |  |  | PUD | 05/XX/2025 | 45.380% | 45.380% | Primary | Refinance | 703 | 1 | XX | 20.67 | $7122.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 44.703% |  | Alternative | QC Complete | 05/XX/2025 |
| 9776804545 | XX | XX |  | XX | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 750 |  | XX | 6.42 | $432485.01 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 2.355% | No | Alternative | QC Complete | 04/XX/2025 |
| 9776984446 | XX | XX |  | XX | Florida | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide a copy of supporting document to verify "other of $450.50" as it is missing.<br>Resolved 06/XX/2025 - Received HOA Assessment document, condition resolved. |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 80.000% | 80.000% | Secondary | Purchase | 773 |  | XX | 14.25 | $20682.18 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 43.324% | No | Full Documentation | QC Complete | 06/XX/2025 |
| 9777319691 | XX | XX |  | XX | Texas | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.205% Allowed 8.380% Overby +0.825%<br>This loan is compliant with regulation 1026.35. |  |  | PUD | 05/XX/2025 | 90.000% | 90.000% | Primary | Purchase | 784 |  | XX | 11.96 | $9696.55 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 31.695% | Yes | Alternative | QC Complete | 06/XX/2025 |
| 9777417313 | XX | XX |  | XX | Texas | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 75.000% | 75.000% | Primary | Purchase | 768 |  | XX | 18.25 | $49936.59 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 48.253% | No | Full Documentation | QC Complete | 04/XX/2025 |
| 9778156662 | XX | XX |  | XX | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 61.916% | 61.916% | Investor | Cash Out | 739 |  | XX | 25.25 | $12916.67 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $136780.13 | 48.038% |  | Full Documentation | QC Complete | 05/XX/2025 |
| 9778224932 | XX | XX |  | XX | California | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 70.000% | 70.000% | Primary | Purchase | 771 |  | XX | 12.66 | $9726.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 48.597% | Yes | Alternative | QC Complete | 04/XX/2025 |
| 9778347857 | XX | XX |  | XX | Georgia | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 768 |  | XX | 7 | $8679.21 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 32.305% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 9778734153 | XX | XX |  | XX | North Carolina | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.167% Allowed 8.370% Overby +0.797%.<br>This loan is compliant with regulation 1026.35. |  |  | Single Family | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 688 |  | XX | 8.16 | $13453.74 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 49.553% | No | Alternative | QC Complete | 06/XX/2025 |
| 9779433706 | XX | XX |  | XX | Louisiana | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 4 Family | 05/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 731 |  | XX | 13.33 | $15272.79 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 26.344% | No | Alternative | QC Complete | 05/XX/2025 |
| 9779938175 | XX | XX |  | XX | Arizona | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 75.000% | 75.000% | Investor | Cash Out | 744 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $52095.48 |  |  | Alternative | QC Complete | 04/XX/2025 |
| 9780078367 | XX | XX |  | XX | Oklahoma | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 766 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 04/XX/2025 |
| 9780699857 | XX | XX |  | XX | California | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 04/XX/2025 | 55.156% | 55.156% | Primary | Cash Out | 722 | 41 |  |  | $7229.25 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $755922.98 | 49.957% |  | Full Documentation | QC Complete | 05/XX/2025 |
| 9781009445 | XX | XX |  | XX | California | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 75.000% | 75.000% | Primary | Purchase | 713 |  | XX | 8.08 | $16728.33 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 42.047% | No | Alternative | QC Complete | 06/XX/2025 |
| 9781770988 | XX | XX |  | XX | Georgia | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 63.525% | 63.525% | Primary | Refinance | 788 | 1.08 | XX | 3.5 | $21371.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 17.302% |  | Alternative | QC Complete | 05/XX/2025 |
| 9781948865 | XX | XX |  | XX | Florida | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Missing Required Disclosures - EV R<br> COMMENT: Missing Settlement Service Provider List.<br>Resolved 05/XX/2025: Received Settlement Service Provider List dated 03/XX/2025 and exception is cleared. |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 734 |  | XX | 11.17 | $7882.09 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 44.238% | Yes | Alternative | QC Complete | 04/XX/2025 |
| 9782091210 | XX | XX |  | XX | Tennessee | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.691% Allowed 8.120% Overby +0.571%<br>This loan is compliant with regulation 1026.35 |  |  | Single Family | 05/XX/2025 | 75.000% | 75.000% | Primary | Purchase | 810 |  | XX | 10.16 | $5743.47 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 40.359% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 9782095591 | XX | XX |  | XX | Florida | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.455% Allowed 8.150% Overby +0.305%<br>This loan is compliant with regulation 1026.35. |  |  | PUD | 04/XX/2025 | 85.000% | 85.000% | Primary | Purchase | 736 |  | XX | 2.25 | $7880.78 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 40.989% | Yes | Alternative | QC Complete | 04/XX/2025 |
| 9782156179 | XX | XX |  | XX | Colorado | Non-QM/Compliant | 3 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: As per loan file Assets are not sufficient to covers the reserves requirement, available assets is $172,858.48 & Cash from borrower is $111,638.36. Remaining assets is $61,220.12 and reserves required $88,345.68. Hence asset are short by $27,125.56 . Provide additional asset to fulfill reserve requirement.<br>Resolved 5/XX/2025 - Received client response to cover the reserves amount with 6 months reserves requirement, condition resolved<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Hazard Insurance reflecting incorrect subject address.Provide hazard insurance and replacement cost estimator for property address XX<br>Resolved 05/XX/2025 - Received hazard insurance documents with correct subject property address ,condition resolved. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: xx acres exceeds max allowable of 20 acres.<br>A copy of an exception approval letter is available in the loan file. | FICO: 761 FICO exceeds the guideline requirement of 720.<br>LTV: 85.00% LTV is less than the guideline requirement of 90.00%. | Single Family | 04/XX/2025 | 85.000% | 85.000% | Primary | Purchase | 761 |  | XX | 14.08 | $32373.04 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 30.447% | Yes | Alternative | QC Complete | 06/XX/2025 |
| 9782379029 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 75.000% | 75.000% | Secondary | Purchase | 785 |  | XX | 9.16 | $10990.70 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 39.966% | No | Full Documentation | QC Complete | 06/XX/2025 |
| 9782774088 | XX | XX |  | XX | North Carolina | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 64.429% | 64.429% | Primary | Purchase | 745 |  | XX | 2.5 | $5713.78 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 33.248% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 9783206577 | XX | XX |  | XX | Ohio | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.417% Allowed 8.200% Overby +0.217%<br>This loan is compliant with regulation 1026.35. |  |  | Single Family | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 786 |  | XX | 5.5 | $8939.32 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 40.108% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 9783349534 | XX | XX |  | XX | Texas | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 80.000% | 80.000% | Primary | Cash Out | 785 | 11 | XX | 5.66 | $40660.42 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $345852.57 | 20.297% |  | Alternative | QC Complete | 05/XX/2025 |
| 9783564181 | XX | XX |  | XX | Arizona | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 79.673% | 79.673% | Investor | Purchase | 756 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 9783621247 | XX | XX |  | XX | Washington | Non-QM/Compliant | 3 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Additional Address on Credit Report - EV R<br> COMMENT: Provide a copy of letter of explanation of additional address reflecting on credit report last 24 months.(XX)<br>Resolved 06/XX/2025 - Received LOX as additional address is not mandatory required, condition resolved. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: There should not be more than six NSF in any 12-month period, The loan has 31 NSF events in the last 12 months, which is unacceptable.<br>A copy of an exception approval letter is available in the loan file. | FICO: 687 FICO exceeds the guideline requirement of 660.<br>LTV: 63.80% LTV is less than the guideline requirement of 75.00%.<br>DTI: 23.65% DTI is less than the maximum guideline requirement of 50.00%. | PUD | 05/XX/2025 | 63.804% | 63.804% | Primary | Cash Out | 687 | 3.25 | XX | 4.75 | $19983.78 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $210637.44 | 23.655% |  | Alternative | QC Complete | 06/XX/2025 |
| 9783883524 | XX | XX |  | XX | Georgia | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 784 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 9784032089 | XX | XX |  | XX | Florida | Non-QM/Compliant | 4 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.467% Allowed 8.200% Overby +0.267%.<br>This loan is compliant with regulation 1026.35.<br>\*\*\* (CURED) Missing Appraisal - EV R<br> COMMENT: Missing appraisal report.<br>Resolved 05/XX/2025 - Received appraisal report, condition resolved. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Requesting exception to use Non-traditional credit on a cash out refinance<br>A copy of an exception approval letter is available in the loan file. | FICO: 735 FICO exceeds the guideline requirement of 700.<br>Reserves: The 104 months of available reserves are more than the guideline requirement of 6 months. | PUD | 04/XX/2025 | 75.472% | 75.472% | Primary | Cash Out | 735 | 0.83 | XX | 6.33 | $8883.26 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $387374.20 | 47.247% |  | Alternative | QC Complete | 06/XX/2025 |
| 9784187404 | XX | XX |  | XX | Washington | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 60.465% | 60.465% | Primary | Cash Out | 709 | 18.25 | XX | 15.66 | $91130.10 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $75733.09 | 6.517% |  | Alternative | QC Complete | 04/XX/2025 |
| 9784266638 | XX | XX |  | XX | California | Non-QM/Compliant | 3 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide access letter from XX to use the funds of XX<br>Resolved 05/XX/2025- Received Access letter from borrower, condition resolved. | \*\*\* (WAIVED) Debt Ratio Exception 5% or Less - EV W<br> COMMENT: The borrower's debt-to-income (DTI) ratio is 52.06%, which exceeds the maximum allowable limit of 50% per program guidelines.<br>A copy of an exception approval letter is available in the loan file. | FICO: 776 FICO exceeds the guideline requirement of 720.<br>LTV: 80.00% LTV is less than the guideline requirement of 85.00%. | Single Family | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 776 |  | XX | 3 | $9782.25 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 52.058% | No | Alternative | QC Complete | 05/XX/2025 |
| 9784557754 | XX | XX |  | XX | Arizona | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.806% Allowed 8.240% Overby +0.566%.<br>This loan is compliant with regulation 1026.35. |  |  | PUD | 05/XX/2025 | 72.464% | 72.464% | Primary | Cash Out | 697 | 5 | XX | 10.58 | $34958.42 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $143941.96 | 21.950% |  | Alternative | QC Complete | 05/XX/2025 |
| 9784769680 | XX | XX |  | XX | Georgia | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 64.467% | 64.467% | Investor | Cash Out | 741 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $120824.13 |  |  | Alternative | QC Complete | 06/XX/2025 |
| 9784889652 | XX | XX |  | XX | Oregon | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 755 |  | XX | 3.17 | $21808.33 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 35.435% | No | Alternative | QC Complete | 05/XX/2025 |
| 9785143828 | XX | XX |  | XX | Pennsylvania | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 04/XX/2025 | 70.000% | 70.000% | Investor | Cash Out | 719 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $51671.43 |  |  | Alternative | QC Complete | 04/XX/2025 |
| 9785289670 | XX | XX |  | XX | California | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 04/XX/2025 | 85.000% | 85.000% | Investor | Purchase | 791 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 9785394678 | XX | XX |  | XX | California | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 3 Family | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 760 |  | XX | 15.33 | $260159.78 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 7.037% | No | Alternative | QC Complete | 05/XX/2025 |
| 9785666687 | XX | XX |  | XX | Oregon | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 67.288% | 67.288% | Primary | Cash Out | 742 | 15.08 | XX | 44.25 | $238962.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $396674.52 | 4.987% |  | Alternative | QC Complete | 04/XX/2025 |
| 9786068495 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 56.691% | 56.691% | Primary | Cash Out | 794 | 10 | XX | 15.16 | $20205.76 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $22900.51 | 34.594% |  | Alternative | QC Complete | 05/XX/2025 |
| 9786355918 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | High Rise Condo (>=9 Stories) | 04/XX/2025 | 59.524% | 59.524% | Secondary | Cash Out | 762 |  |  |  | $0.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $483880.31 | 27.772% |  | Alternative | QC Complete | 05/XX/2025 |
| 9787394361 | XX | XX |  | XX | Pennsylvania | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 62.500% | 62.500% | Investor | Purchase | 717 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 9787422089 | XX | XX |  | XX | Colorado | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 55.556% | 55.556% | Primary | Cash Out | 694 | 20 | XX | 2.83 | $25084.35 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $446338.83 | 22.257% |  | Alternative | QC Complete | 05/XX/2025 |
| 9787680553 | XX | XX |  | XX | California | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Mid Rise Condo (5-8 Stories) | 05/XX/2025 | 40.909% | 40.909% | Primary | Cash Out | 665 | 1 | XX | 0.08 | $5502.81 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $49697.56 | 49.659% |  | Full Documentation | QC Complete | 06/XX/2025 |
| 9787726315 | XX | XX |  | XX | Michigan | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 770 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 9787732008 | XX | XX |  | XX | Georgia | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Mid Rise Condo (5-8 Stories) | 05/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 677 |  | XX | 12.25 | $46787.65 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 25.095% | No | Alternative | QC Complete | 06/XX/2025 |
| 9787754713 | XX | XX |  | XX | Georgia | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 58.108% | 58.108% | Primary | Purchase | 812 |  | XX | 12.92 | $6598.80 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 32.508% | No | Full Documentation | QC Complete | 04/XX/2025 |
| 9788234129 | XX | XX |  | XX | Indiana | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 04/XX/2025 | 75.000% | 75.000% | Investor | Cash Out | 721 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $83734.38 |  |  | Alternative | QC Complete | 04/XX/2025 |
| 9788354406 | XX | XX |  | XX | Oregon | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide a copy of Mortgage statement for the property address " XX ".<br>Resolved 05/XX/2025 - Received final CD and Note document of property address, condition resolved. |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Primary | Cash Out | 729 | 10 | XX | 2 | $0.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $159250.19 | 45.785% |  | Alternative | QC Complete | 05/XX/2025 |
| 9788470442 | XX | XX |  | XX | California | Non-QM/Compliant | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Exception to allow personal bank statements to qualify without adding other joint account owner and other owner of business to loan.<br>A copy of an exception approval letter is available in the loan file. | FICO: 738 FICO exceeds the guideline requirement of 660.<br>LTV: 42.81% LTV is less than the guideline requirement of 85.00%.<br>| Single Family | 04/XX/2025 | 42.810% | 42.810% | Primary | Refinance | 738 | 1.25 | XX | 9.25 | $16154.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 41.451% |  | Alternative | QC Complete | 06/XX/2025 |
| 9788656255 | XX | XX |  | XX | Texas | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 792 |  | XX | 7.66 | $13458.39 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 38.716% | No | Alternative | QC Complete | 05/XX/2025 |
| 9788765205 | XX | XX |  | XX | Arizona | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 778 |  | XX | 4.83 | $14900.18 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 38.326% | No | Alternative | QC Complete | 05/XX/2025 |
| 9788961176 | XX | XX |  | XX | Virginia | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 36.418% | 36.418% | Primary | Cash Out | 681 | 26 |  |  | $0.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $67421.84 | 28.855% |  | Alternative | QC Complete | 04/XX/2025 |
| 9789142974 | XX | XX |  | XX | South Carolina | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Subject or Comp Photos are missing or illegible - EV R<br> COMMENT: Please provide an updated copy of the appraisal report along with color photographs of the subject property and comparables. The submitted appraisal contains black and white photos, which are not acceptable.<br>Resolved on 05/XX/2025 - Received appraisal report with color photos of the subject and comparables , condition resolved. |  |  | High Rise Condo (>=9 Stories) | 05/XX/2025 | 70.000% | 70.000% | Investor | Cash Out | 757 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $313526.77 |  |  | Alternative | QC Complete | 05/XX/2025 |
| 9789299964 | XX | XX |  | XX | Pennsylvania | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Borrower Identity Missing - EV R<br> COMMENT: Provide a copy legible B1's (XX) and B2's (XX) driving licenses.<br>Resolved 06/XX/2025 - Received Gov id for both borrowers, condition resolved. |  |  | 3 Family | 05/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 757 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/XX/2025 |
| 9789523272 | XX | XX |  | XX | Pennsylvania | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 793 |  | XX | 7.83 | $24471.84 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 27.317% | No | Alternative | QC Complete | 06/XX/2025 |
| 9789581734 | XX | XX |  | XX | Florida | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) ComplianceEase TRID Tolerance Test Failed - EV R<br> COMMENT: TRID violation due to Appraisal Fee increase on Final CD dated 05/XX/2025. Initial LE dated 03/XX/2025 reflects Appraisal Fee as $525.00 however, Final CD dated 05/XX/2025 reflects the Appraisal Fee as $560.00. Require PCCD/COC to cure the tolerance violation of $35.00.<br>Resolved 06/XX/2025: Received COC document dated 4/XX/2025 and exception is cleared.<br>\*\*\* (CURED) Missing Required Disclosures - EV R<br> COMMENT: Provide a copy of Verification of rent, property address is XX<br>Resolved 05/XX/2025 - Received LOE stating that borrower is not having a rent history for 2 year, condition resolved. |  |  | Mid Rise Condo (5-8 Stories) | 05/XX/2025 | 55.714% | 55.714% | Primary | Purchase | 788 |  | XX | 2.25 | $15000.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 25.900% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 9789718526 | XX | XX |  | XX | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 65.728% | 65.728% | Primary | Refinance | 767 | 4.5 | XX | 21.16 | $16254.68 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 32.039% |  | Alternative | QC Complete | 05/XX/2025 |
| 9789788420 | XX | XX |  | XX | Louisiana | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Borrower Identity Missing - EV R<br> COMMENT: Submit a clear and legible copy of the borrower's (XXt) driver's license or another acceptable form of identification. The currently available document is unclear and not legible.<br>Resolved 05/XX/2025 - Received legible Gov ID document, condition resolved. |  |  | PUD | 04/XX/2025 | 71.797% | 71.797% | Primary | Purchase | 718 |  | XX | 25.25 | $38889.84 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 10.111% | No | Alternative | QC Complete | 04/XX/2025 |
| 9790185087 | XX | XX |  | XX | Maine | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Borrower current address isXX. Real Estate section reflecting primary residence as XX Provide an Letter of explanation.<br>Resolved 04/XX/2025 - Received LOE from the borrower as " l currently live at XX Living rent. ", condition resolved. |  |  | Single Family | 03/XX/2025 | 80.000% | 80.000% | Primary | Cash Out | 723 | 2 | XX | 7.5 | $29937.33 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $115463.87 | 20.219% |  | Alternative | QC Complete | 04/XX/2025 |
| 9790648035 | XX | XX |  | XX | Pennsylvania | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 773 |  | XX | 4.17 | $24733.16 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 10.626% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 9791102602 | XX | XX |  | XX | Kentucky | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 80.000% | 80.000% | Secondary | Purchase | 763 |  | XX | 11.58 | $21126.67 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 31.197% | No | Full Documentation | QC Complete | 04/XX/2025 |
| 9791218713 | XX | XX |  | XX | Georgia | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 55.000% | 55.000% | Investor | Cash Out | 691 |  | XX | 25.08 | $7522.80 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $133571.31 | 27.375% |  | Alternative | QC Complete | 06/XX/2025 |
| 9791367361 | XX | XX |  | XX | New York | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 05/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 764 |  | XX | 4.83 | $9537.86 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 43.774% | No | Alternative | QC Complete | 05/XX/2025 |
| 9791370274 | XX | XX |  | XX | Oregon | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 75.829% | 75.829% | Primary | Cash Out | 775 | 0.58 | XX | 2.08 | $15363.70 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $169581.07 | 35.010% |  | Alternative | QC Complete | 05/XX/2025 |
| 9791947550 | XX | XX |  | XX | Georgia | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Intent to Proceed Missing - EV R<br> COMMENT: Missing Intent to Proceed.<br>Resolved 04/XX/2025: Received Intent to Proceed and exception is cleared. |  |  | PUD | 03/XX/2025 | 20.284% | 20.284% | Primary | Purchase | 812 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Full Documentation | QC Complete | 04/XX/2025 |
| 9792323348 | XX | XX |  | XX | California | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 812 |  |  |  | $8019.44 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Verification of Rent |  | 32.513% | Yes | Alternative | QC Complete | 04/XX/2025 |
| 9792555212 | XX | XX |  | XX | New York | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 05/XX/2025 | 79.969% | 79.969% | Investor | Refinance | 739 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  |  | Alternative | QC Complete | 05/XX/2025 |
| 9792712946 | XX | XX |  | XX | Florida | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) LOE - EV R<br> COMMENT: Letter of Explanation (LOE pg#959) discloses a new credit account with SVC Finance stated that "a 12-month 0% interest installment plan with monthly payments of $639.42 and a current balance of $7,673.00." However, the account information in the LOE does not match the figures reflected in the final loan application (Form 1003, pg#1095), system data and loan approval documents.<br>Resolved 06/XX/2025 - Received LOX as the inquiry letter is only for choosing the order in pay and actual minimum monthly payment is $217.00, condition resolved.<br>\*\*\* (CURED) Appraisal incomplete (missing map, layout, pages, etc) - EV R<br> COMMENT: The copy of the Appraiser's Errors and omissions (E&O) policy disclosed/included in the final appraisal report is EXPIRED as of 6/XX/2024.<br>Resolved 06/XX/2025 - Received E&O Policy, condition resolved.<br>\*\*\* (CURED) Missing Closing Protection Letter - EV R<br> COMMENT: The Closing Protection Letter (CPL) lists an incorrect lender loss payee address for xx.<br>Resolved 06/XX/2025 - Resolved condition that lender provided the CPL document with updated address, condition resolved.<br>\*\*\* (CURED) Letter of explanation needed for the file - EV R<br> COMMENT: The loan amount stated on the LOE is $xx, which does not match the actual subject loan amount of xx. An updated LOE reflecting the correct loan amount was not found in the file.<br>Resolved 06/XX/2025 - Received LOE document, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide a letter of explanation for the borrower's family size and The non-QM residual income calculator must be completed.<br>Resolved 06/XX/2025 - Received client response as the family size is 2 and no dependant, condition resolved. |  |  | PUD | 05/XX/2025 | 66.667% | 66.667% | Secondary | Purchase | 793 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/XX/2025 |
| 9793369480 | XX | XX |  | XX | California | Non-QM/Compliant | 3 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Missing Required Disclosures - EV R<br> COMMENT: Missing Settlement Service Provider List.<br>Resolved 05/XX/2025: Received Settlement Service Provider List dated 03/XX/2025 and exception is cleared. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Waive reserve requirement on rate term refinance.<br>A copy of an exception approval letter is available in the loan file. | FICO: 714 FICO exceeds the guideline requirement of 660.<br>DTI: 43.87% DTI is less than the maximum guideline requirement of 50.00%. | Single Family | 04/XX/2025 | 78.168% | 78.168% | Primary | Refinance | 714 | 0.58 | XX | 11.25 | $16800.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 38.197% |  | Alternative | QC Complete | 06/XX/2025 |
| 9793395345 | XX | XX |  | XX | Georgia | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Mid Rise Condo (5-8 Stories) | 05/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 780 |  | XX | 5.16 | $50368.08 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 20.025% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 9793580219 | XX | XX |  | XX | Michigan | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 3 Family | 04/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 754 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 04/XX/2025 |
| 9793677858 | XX | XX |  | XX | Missouri | Non-QM/Compliant | 4 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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<br>Higher-Priced Mortgage Loan Test: Charged 8.962% Allowed 8.370% Overby +0.592%<br>This loan is compliant with regulation 1026.35. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: NSF event of 15 exceed the guideline requirement of maximum six NSF event in the any 12-month period.<br>A copy of an exception approval letter is available in the loan file. | FICO: 675 FICO exceeds the guideline requirement of 660.<br>DTI: 16.95% DTI is less than the maximum guideline requirement of 50.00%.<br>LTV: 80.00% LTV is less than the guideline requirement of 85.00%. | Single Family | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 675 |  | XX | 10.83 | $64673.85 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 16.951% | No | Alternative | QC Complete | 06/XX/2025 |
| 9793830382 | XX | XX |  | XX | Indiana | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 747 |  | XX | 1.5 | $8837.51 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 44.107% | No | Full Documentation | QC Complete | 05/XX/2025 |
| 9793923187 | XX | XX |  | XX | Texas | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 791 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 05/XX/2025 |
| 9793943425 | XX | XX |  | XX | South Carolina | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 80.000% | 80.000% | Primary | Refinance | 792 | 2.42 | XX | 9.33 | $14438.38 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 22.204% |  | Alternative | QC Complete | 06/XX/2025 |
| 9794074790 | XX | XX |  | XX | Louisiana | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Borrower Identity Missing - EV R<br> COMMENT: Missing borrower identification proof.<br>Resolved 05/XX/2025 - Received borrower gov ID, condition resolved.<br>\*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.705% Allowed 8.200% Overby +0.505%.<br>This loan is compliant with regulation 1026.35<br>\*\*\* (CURED) Missing Required Disclosures - EV R<br> COMMENT: Missing Settlement Service Provider list.<br>Resolved 05/XX/2025: Received Settlement Service Provider List dated 03/XX/2025 and exception is cleared. |  |  | Single Family | 04/XX/2025 | 90.000% | 90.000% | Primary | Purchase | 784 |  | XX | 3.25 | $9931.57 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 35.343% | No | Alternative | QC Complete | 06/XX/2025 |
| 9794305046 | XX | XX |  | XX | Maryland | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Borrower Identity Missing - EV R<br> COMMENT: Provide a copy of legible identity proof for borrowers "XXk"<br>Resolved 04/XX/025 - Received borrower ID, condition resolved. |  |  | Low Rise Condo (1-4 Stories) | 04/XX/2025 | 80.000% | 80.000% | Secondary | Purchase | 771 |  | XX | 4.66 | $27083.34 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 40.809% | No | Full Documentation | QC Complete | 04/XX/2025 |
| 9794804733 | XX | XX |  | XX | Ohio | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 05/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 727 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/XX/2025 |
| 9795093997 | XX | XX |  | XX | Ohio | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.353% Allowed 8.150% +Overby 0.203%<br>This loan is compliant with regulation 1026.35. |  |  | Single Family | 04/XX/2025 | 70.000% | 70.000% | Primary | Cash Out | 674 | 31 | XX | 7.25 | $14517.40 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $33783.52 | 18.203% |  | Alternative | QC Complete | 04/XX/2025 |
| 9795271544 | XX | XX |  | XX | Missouri | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/XX/2025 | 85.000% | 85.000% | Investor | Purchase | 763 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/XX/2025 |
| 9795376350 | XX | XX |  | XX | Utah | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Missing Letter of explanation from the borrower certifying their intent to liquidate the assets in order to pay current expenses.<br>Resolved 06/XX/2025 - Received LOX from client for current address, condition resolved. |  |  | PUD | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 761 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/XX/2025 |
| 9795541748 | XX | XX |  | XX | Georgia | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 56.667% | 56.667% | Investor | Cash Out | 757 |  | XX | 1.25 | $12445.83 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $49898.58 | 37.705% |  | Full Documentation | QC Complete | 05/XX/2025 |
| 9795963561 | XX | XX |  | XX | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide a copy of title supplemental report to cover the loan amount $XX<br>Resolved 06/XX/2025 - Received supplement report, condition resolved.<br>\*\*\* (CURED) Intent to Proceed Missing - EV R<br> COMMENT: Missing Intent to Proceed.<br>Resolved 6/XX/2025: Received Intent to proceed and exception is cleared. |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 69.964% | 69.964% | Primary | Purchase | 812 |  | XX | 10.41 | $17721.21 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 33.737% | No | Alternative | QC Complete | 06/XX/2025 |
| 9796096726 | XX | XX |  | XX | Colorado | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 2 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.299% Allowed 8.200% Overby +0.099%<br>This loan is compliant with regulation 1026.35. |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 85.000% | 85.000% | Primary | Purchase | 731 |  | XX | 4.08 | $11550.83 | Mos Reviewed:12<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Verification of Rent |  | 42.798% | Yes | Alternative | QC Complete | 05/XX/2025 |
| 9796104082 | XX | XX |  | XX | Texas | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 750 |  | XX | 6.25 | $56735.20 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 37.478% | No | Alternative | QC Complete | 05/XX/2025 |
| 9796173160 | XX | XX |  | XX | New Jersey | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Missing copy of Borrowers photo ID.<br>Resolved 05/XX/2025 - Received Gov ID, condition Resolved. |  |  | Low Rise Condo (1-4 Stories) | 05/XX/2025 | 80.000% | 80.000% | Investor | Purchase | 785 |  | XX | 8.58 | $108587.36 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 19.379% | No | Alternative | QC Complete | 05/XX/2025 |
| 9796605047 | XX | XX |  | XX | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 85.000% | 85.000% | Investor | Refinance | 778 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  |  | Alternative | QC Complete | 05/XX/2025 |
| 9797260586 | XX | XX |  | XX | New Jersey | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Missing Bank statement for XX dated from Feb 01, 2024, to Feb 29, 2024.<br>Resolved 04/XX/2025 - Received Bank statement for Feb month, condition resolved. |  |  | 3 Family | 04/XX/2025 | 60.000% | 60.000% | Primary | Purchase | 722 |  | XX | 3.66 | $76299.28 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 15.008% | No | Alternative | QC Complete | 04/XX/2025 |
| 9798010733 | XX | XX |  | XX | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 05/XX/2025 - Received title supplement report, condition resolved. |  |  | Single Family | 05/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 788 |  | XX | 15.33 | $5910.79 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 43.628% | No | Alternative | QC Complete | 05/XX/2025 |
| 9798156999 | XX | XX |  | XX | California | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) LOE - EV R<br> COMMENT: Purpose of loan is refinance of investment property. However, appraisal report reflecting occupant as owner. Provide an letter of explanation.<br>Resolved 05/XX/2025 - Received LOE for borrower occupied, condition resolved.<br>\*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 05/XX/2025 - Received title insured amount, condition resolved. |  |  | Single Family | 04/XX/2025 | 76.869% | 76.869% | Investor | Refinance | 733 |  | XX | 3.08 | $32949.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 36.684% |  | Alternative | QC Complete | 04/XX/2025 |
| 9798626991 | XX | XX |  | XX | Utah | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Missing Required Disclosures - EV R<br> COMMENT: Missing Settlement Service Provider List.<br>Resolved 4/XX/2025: Received Settlement Service Provider List dated 3/XX/2025 and exception is cleared.<br>\*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide a copy of title supplement as the title insurance amount of $1,752,000 is not covering the loan amount $XX<br>Resolved 04/XX/2025 - Received title insured amount, condition resolved.<br>\*\*\* (CURED) Assets are not sufficient to close - EV R<br> COMMENT: Assets fall short by $77,475.31, Provide assets to cover the cash from borrower and reserve requirement.<br>Resolved 04/XX/2025 - Recent 2 months bank statement received, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide bank statements for Months: Mar, Apr, May, June, July, Aug, Sep, Oct, Nov, Dec of 2024 and Jan, Feb of 2025 as the statements are missing.<br>Resolved 04/XX/2025 - Received all months of bank statement, condition resolved. |  |  | PUD | 04/XX/2025 | 74.342% | 74.342% | Primary | Refinance | 796 | 2.16 | XX | 8.5 | $891364.73 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 1.753% |  | Alternative | QC Complete | 04/XX/2025 |
| 9798809936 | XX | XX |  | XX | Georgia | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 75.000% | 75.000% | Investor | Purchase | 706 |  | XX | 5.25 | $16468.65 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 40.155% | No | Alternative | QC Complete | 04/XX/2025 |
| 9798841137 | XX | XX |  | XX | North Carolina | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/XX/2025 | 75.000% | 75.000% | Primary | Purchase | 790 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/XX/2025 |
| 9798933959 | XX | XX |  | XX | South Carolina | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 04/XX/2025 | 80.000% | 80.000% | Primary | Purchase | 742 |  | XX | 6.16 | $1326.22 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 22.835% | Yes | Full Documentation | QC Complete | 05/XX/2025 |

---

## Exhibit 99.2

**Exhibit 99.2 Schedule 5**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan ID | **Infinity Loan ID** | **Loan Number** | **Loan Number 2** | **Borrower Last Name** | **Property State** | **Note Date** | **Loan Purpose** | **TPR QM ATR Status** | **Initial Overall Loan Grade** | **Final Overall Loan Grade** | **Exception Category** | **Exception Subcategory** | **Exception Code** | **Final Exception Status** | **Initial Exception Grade** | **Final Exception Grade** | **Exception** | **Exception Detail** | **Follow-up Comments (Exception Response)** | **Exception Conclusion Comments** | **Compensating Factors** | **Curable Status** | **Loan Status** | **Review Date** | **Cleared Date** | **Cured Date** | **Exception Date** |
| 214297178 | XX | XX |  | XX | Virginia | 03/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Compliance | Compliance | OAS0NCHP1ZA-I8EIA2ZW | Resolved | 3 | R | \* Missing or error on the Rate Lock Document (Lvl R) | Rate lock expiration the before closing refer page#1853. Closing date 03/XX/2025 and Rate lock expiration date 03/XX/2025.<br>Resolved 05/XX/2025: Received Rate Lock Confirmation Document and exception is cleared. | Resolved 05/XX/2025: Received Rate Lock Confirmation Document and exception is cleared. | Resolved 05/XX/2025: Received Rate Lock Confirmation Document and exception is cleared. |  |  | QC Complete | 04/XX/2025 | 05/XX/2025 | 05/XX/2025 | 04/XX/2025 |
| 214554313 | XX | XX |  | XX | South Carolina | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | PBXHUU0JAVD-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.516% Allowed 8.160% Overby +1.356%.<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 04/XX/2025 |
| 214590069 | XX | XX |  | XX | North Carolina | 02/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | 12SFCQ2MH5M-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Borrower qualified with 24-month bank statement income, provide updated Loan Scorecard with change in program from Smart Edge Asset Qualifier to Smart Self 30 Yr Fixed.<br>Resolved 04/XX/2025 : Received loan scorecard with updated Loan program , condition resolved. | Resolved 04/XX/2025 : Received loan scorecard with updated Loan program , condition resolved. | Resolved 04/XX/2025 : Received loan scorecard with updated Loan program , condition resolved. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 03/XX/2025 |
| 214657454 | XX | XX |  | XX | New Hampshire | 03/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Valuation | Property | ITEZ431XJLP-5COCFHAP | Resolved | 3 | R | \* Completed "Subject To" w/o Compltn Cert in File (Lvl R) | Missing 1004D appraisal subject to 'Owners obtaining a permit for the accessory unit.'<br>Resolved 05/XX/2025 - Received city Permit document for inspection, condition resolved. | Resolved 05/XX/2025 - Received city Permit document for inspection, condition resolved. | Resolved 05/XX/2025 - Received city Permit document for inspection, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 04/XX/2025 |
| 214657454 | XX | XX |  | XX | New Hampshire | 03/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Credit | Credit | ITEZ431XJLP-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Missing October and November 2024 bank statements for XX<br>Resolved 05/XX/2025 - Received October and November month, condition resolved. | Resolved 05/XX/2025 - Received October and November month, condition resolved. | Resolved 05/XX/2025 - Received October and November month, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 04/XX/2025 |
| 214679151 | XX | XX |  | XX | California | 03/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Valuation | Property | TYYA4FATLPK-8TUTL2SS | Resolved | 3 | R | \* Subject property is located in a FEMA designated disaster area (recent). (Lvl R) | Property is located in FEMA disaster zone (XX) starting from Jan XX 2025 to Jan XX'2025. Please provide a Post Disaster Inspection report.<br>Resolved 04/XX/2025 - Received Exterior disaster inspection report, condition resolved. | Resolved 04/XX/2025 - Received Exterior disaster inspection report, condition resolved. | Resolved 04/XX/2025 - Received Exterior disaster inspection report, condition resolved. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 214705956 | XX | XX |  | XX | California | 03/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | KHPID2CZ2XG-7NVY4BLQ | Resolved | 4 | R | \* State Higher Price Mortgage Loan (Lvl R) | CA AB 260, California Financial Code Division 1.9 4995(a) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the California Financial Code.<br>CA AB 260 Higher-Priced Mortgage Loan Test: Charged 9.488% Allowed 8.350% Overby +1.138%<br>This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a). | This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a). | This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a). |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 214705956 | XX | XX |  | XX | California | 03/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | KHPID2CZ2XG-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.488% Allowed 8.350% Overby +1.138%<br>This loan is compliant with regulation 1026.35 | This loan is compliant with regulation 1026.35 | This loan is compliant with regulation 1026.35 |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 214705956 | XX | XX |  | XX | California | 03/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Credit | Doc Issue | KHPID2CZ2XG-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide a copy of title supplemental report.<br>Resolved- 04/XX/2025- Final title policy received, condition resolved. | Resolved- 04/XX/2025- Final title policy received, condition resolved. | Resolved- 04/XX/2025- Final title policy received, condition resolved. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 214708067 | XX | XX |  | XX | Florida | 04/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Credit |  | W3IVUSGEH11-QSFFZZOT | Resolved | 3 | R | \* Hazard Insurance Coverage less than Loan Amount (Lvl R) | Dwelling amount of $625,950.00 is not sufficient to cover loan amount $XX,Provide a copy of replacement cost of estimator.<br>Resolved 06/XX/2025 - Received Client response as dwelling reflects the estimated minimum replacement cost based on the use of our replacement cost estimator, condition resolved. | Resolved 06/XX/2025 - Received Client response as dwelling reflects the estimated minimum replacement cost based on the use of our replacement cost estimator, condition resolved. | Resolved 06/XX/2025 - Received Client response as dwelling reflects the estimated minimum replacement cost based on the use of our replacement cost estimator, condition resolved. |  |  | QC Complete | 05/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 214720203 | XX | XX |  | XX | Florida | 03/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | NF1CX4HZBUQ-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.711% Allowed 8.350% Overby +0.361%<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 214726150 | XX | XX |  | XX | California | 03/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Compliance | Compliance | QXC0SR2LTLB-WE2FAX95 | Resolved | 3 | R | \* Revised Loan Estimate is missing (Lvl R) | A revised Loan Estimate dated 02/XX/2025 is missing and required due to a change in the interest rate has been locked. Reference the change of circumstance form on page #910.<br>Resolved 04/XX/2025: Received Loan Estimate dated 3/XX/2025, COC dated 02/XX/2025 within 3 business days revised loan estimate received and exception is cleared. | Resolved 04/XX/2025: Received Loan Estimate dated 3/XX/2025, COC dated 02/XX/2025 within 3 business days revised loan estimate received and exception is cleared.<br>| Resolved 04/XX/2025: Received Loan Estimate dated 3/XX/2025, COC dated 02/XX/2025 within 3 business days revised loan estimate received and exception is cleared.<br>|  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 214726150 | XX | XX |  | XX | California | 03/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | QXC0SR2LTLB-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | The Preliminary Title does not reflect the amount of the proposed Lender's coverage.<br>Resolved 04/XX/2025 - Received ATLA loan policy with sufficient coverage. | Resolved 04/XX/2025 - Received ATLA loan policy with sufficient coverage. | Resolved 04/XX/2025 - Received ATLA loan policy with sufficient coverage. |  |  | QC Complete | 04/XX/2025 | 06/XX/2025 | 06/XX/2025 | 04/XX/2025 |
| 214729006 | XX | XX |  | XX | California | 03/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | QSITAGJJRV4-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide a copy of Title supplement report to cover the loan amount.<br>Resolved 05/XX/2025 - Received title supplement report, condition resolved. | Resolved 05/XX/2025 - Received title supplement report, condition resolved. | Resolved 05/XX/2025 - Received title supplement report, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 214740722 | XX | XX |  | XX | South Dakota | 03/XX/2025 | Purchase | Non-QM/Compliant | 3 | 2 | Valuation | Doc Issue | TNPRCX3IMLM-YXK20TJA | Resolved | 3 | R | \* Subject or Comp Photos are missing or illegible (Lvl R) | Provide an updated appraisal report with a minimum of three comparable property photos.<br>Resolved 05/XX/2025 - Received appraisal report with 5 comparable, condition Resolved. | Resolved 05/XX/2025 - Received appraisal report with 5 comparable, condition Resolved. | Resolved 05/XX/2025 - Received appraisal report with 5 comparable, condition Resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 214740722 | XX | XX |  | XX | South Dakota | 03/XX/2025 | Purchase | Non-QM/Compliant | 3 | 2 | Credit | Guidelines | TNPRCX3IMLM-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Borrower is living rent free less than 12 month history(Smart Edge Asset Qualifier). Does not have a prior 12 month housing payment history within the lat 3 years.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 797 FICO exceeds the guideline requirement of 660.<br>LTV: 80.00% LTV is less than the guideline requirement of 90.00%.<br>Reserves: The 422 months of available reserves are more than the guideline requirement of 3 months.<br>|  | QC Complete | 05/XX/2025 |  |  | 05/XX/2025 |
| 214743734 | XX | XX |  | XX | Texas | 04/XX/2025 | Purchase | Non-QM/Compliant | 2 | 2 | Credit | Guidelines | 2130HRV5FL1-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Loan was submitted > 15 days past note date. Loan was not seen by post closing in our LOS so it was not submitted to XX until 4/28. Note was immediately sent to XX after<br> closing. Loan is aged 26 days from time of delivery. <br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 774 FICO exceeds the guideline requirement of 720.<br>Reserves: The 337 months of available reserves are more than the guideline requirement of 6 months. |  | QC Complete | 05/XX/2025 |  |  | 05/XX/2025 |
| 214743742 | XX | XX |  | XX | Texas | 05/XX/2025 | Refinance | Non-QM/Compliant | 2 | 2 | Credit | Guidelines | 5DPIZVIY3PV-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Property zoned rural and contains XX acres.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 745 FICO exceeds the guideline requirement of 700.<br>Residual Income : $16,580.19 monthly |  | QC Complete | 05/XX/2025 |  |  | 05/XX/2025 |
| 214749525 | XX | XX |  | XX | Georgia | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | DBSK5HVZF5T-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.353% Allowed 9.200% Overby +0.153%<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 214756850 | XX | XX |  | XX | Texas | 04/XX/2025 | Refinance | Non-QM/Compliant | 2 | 2 | Credit | Guidelines | XIO0B4CXGVT-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Provided LOE for 2x30 days mortgage late payments. Guideline only allows for 1x30 days mortgage lates. <br>A copy of an exception approval letter is available in the loan file. |  |  | LTV: 79.94% LTV is less than the guideline requirement of 90.00%.<br>DTI: 34.47% DTI is less than the maximum guideline requirement of 50.00%.<br>Reserves: The 64 months of available reserves are more than the guideline requirement of 6 months.<br>|  | QC Complete | 06/XX/2025 |  |  | 04/XX/2025 |
| 214760837 | XX | XX |  | XX | California | 03/XX/2025 | Refinance | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | ACRNEJJZQ4E-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 05/XX/2025 - Received final policy, condition resolved. | Resolved 05/XX/2025 - Received final policy, condition resolved. | Resolved 05/XX/2025 - Received final policy, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 214760837 | XX | XX |  | XX | California | 03/XX/2025 | Refinance | Non-QM/Compliant | 3 | 1 | Credit | Credit | ACRNEJJZQ4E-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide a copy of fully executed Form - 1065 for years 2022 and 2023 and K-1 document as it is missing.<br>Resolved 05/XX/2025 - Received SCH K-1 for year 2022 & 2023, condition resolved. | Resolved 05/XX/2025 - Received SCH K-1 for year 2022 & 2023, condition resolved. | Resolved 05/XX/2025 - Received SCH K-1 for year 2022 & 2023, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 214766040 | XX | XX |  | XX | Maryland | 04/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | DDQ5ZC0CQXJ-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide a copy of Hazard insurance policy.<br>Resolved 05/XX/2025 - Received hazard insurance policy, condition resolved. | Resolved 05/XX/2025 - Received hazard insurance policy, condition resolved. | Resolved 05/XX/2025 - Received hazard insurance policy, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 214766040 | XX | XX |  | XX | Maryland | 04/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | DDQ5ZC0CQXJ-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide a proof of payoff statement for below accounts:<br>XX<br>Resolved 05/XX/2025 - Received response from client as the accounts are paid off from business account, condition resolved. | Resolved 05/XX/2025 - Received response from client as the accounts are paid off from business account, condition resolved. | Resolved 05/XX/2025 - Received response from client as the accounts are paid off from business account, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 214767709 | XX | XX |  | XX | California | 03/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | IER3WT3D1RU-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | The $xx coverage amount on the title report is less than the mortgage loan amount of $XX<br>Resolved 04/XX/2025 - Received final title policy, condition resolved. | Resolved 04/XX/2025 - Received final title policy, condition resolved. | Resolved 04/XX/2025 - Received final title policy, condition resolved. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 214772741 | XX | XX |  | XX | Florida | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | 3UMJJ5QGKIO-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.045% Allowed 8.120% Overby +0.925%<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 214774291 | XX | XX |  | XX | Indiana | 04/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit |  | 3HWEH2YQKPL-QSFFZZOT | Resolved | 3 | R | \* Hazard Insurance Coverage less than Loan Amount (Lvl R) | Dwelling amount of $xx is not sufficient to cover loan amount of $XX, provide a copy of replacement cost estimator.<br>Resolved 05/XX/2025 - Received RCE Document, condition resolved. | Resolved 05/XX/2025 - Received RCE Document, condition resolved. | Resolved 05/XX/2025 - Received RCE Document, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 214779076 | XX | XX |  | XX | North Carolina | 03/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 2 | Credit | Credit | 22D41DUOLXP-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide missing information for REO Property located at: XX- Hazard Insurance ,Tax Bill or HOA if applicable. If taxes & Insurance are escrowed, provide mortgage statement for the same.<br>Resolved 05/XX/2025 - Received Final CD for proof of mortgage P&I amount, condition resolved. | Resolved 05/XX/2025 - Received Final CD for proof of mortgage P&I amount, condition resolved. | Resolved 05/XX/2025 - Received Final CD for proof of mortgage P&I amount, condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 214779076 | XX | XX |  | XX | North Carolina | 03/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 2 | Credit | Credit | 22D41DUOLXP-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide a copy of tax certificate.<br>Resolved 05/XX/2025 - Received tax information sheet, condition resolved. | Resolved 05/XX/2025 - Received tax information sheet, condition resolved. | Resolved 05/XX/2025 - Received tax information sheet, condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 214779076 | XX | XX |  | XX | North Carolina | 03/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 2 | Credit | Guidelines | 22D41DUOLXP-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Borrower is in the process of renovating home and has moved into a rental property while repairs are being done due to the extensive nature of the renovations. The landlord where the borrower is currently living a private landlord but borrower has provided canceled checks along with the VOR. Counting both current rent and housing payment in DTI. Borrower has only rented since September 2024. No lates and MTG history on credit >24 Months. <br>A copy of an exception approval letter (XX) is available in the loan file. |  |  | LTV: 58.30% LTV is less than the guideline requirement of 75.00%.<br>FICO: 752 FICO exceeds the guideline requirement of 680.<br>DTI: 26.74% DTI is less than the maximum guideline requirement of 50.00%. |  | QC Complete | 06/XX/2025 |  |  | 05/XX/2025 |
| 214780215 | XX | XX |  | XX | Texas | 04/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Doc Issue | SQGW0H4KDU1-H3X4TJ0T | Resolved | 3 | R | \* Missing Title evidence (Lvl R) | Missing Title commitment.<br>Resolved 05/XX/2025 - Received Title commitment report, condition resolved. | Resolved 05/XX/2025 - Received Title commitment report, condition resolved. | Resolved 05/XX/2025 - Received Title commitment report, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 04/XX/2025 |
| 214788853 | XX | XX |  | XX | Michigan | 04/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Credit | Credit | 5HJFSVSQLYO-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide verbal VOE for borrower (XX) from (XX) dated within 10 business days of closing.<br>Resolved - 05/XX/2025 : Received VOE for borrower, condition resolved. | Resolved - 05/XX/2025 : Received VOE for borrower, condition resolved. | Resolved - 05/XX/2025 : Received VOE for borrower, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 214814402 | XX | XX |  | XX | Massachusetts | 04/XX/2025 | Purchase | Not Covered/Exempt | 2 | 2 | Credit | Eligibility | KCBUUNIAODO-GF2W2CF1 | Waived | 2 | W | \* Original LTV (OLTV) does not meet eligibility requirement(s) (Lvl W) | SmartVest First Time investor- max LTV is 75%. Requested LTV is 80%<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 805 FICO exceeds the guideline requirement of 660.<br>DSCR: 1.91 DSCR exceeds the guideline requirement of 1.15. |  | QC Complete | 05/XX/2025 |  |  | 05/XX/2025 |
| 214814766 | XX | XX |  | XX | New York | 04/XX/2025 | Cash Out | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | YG4QBAV5WCW-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.319% Allowed 8.160% Overby +0.159%<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 214815839 | XX | XX |  | XX | California | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | Z1SQJTVVA2Q-7NVY4BLQ | Resolved | 4 | R | \* State Higher Price Mortgage Loan (Lvl R) | CA AB 260, California Financial Code Division 1.9 4995(a) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the California Financial Code.<br>CA AB 260 Higher-Priced Mortgage Loan Test: Charged 8.908% Allowed 8.150% Overby +0.758%.<br>This loan is compliant with regulation CA AB 260, California Financial Code Division 1.94995(a) | This loan is compliant with regulation CA AB 260, California Financial Code Division 1.94995(a) | This loan is compliant with regulation CA AB 260, California Financial Code Division 1.94995(a) |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 214815839 | XX | XX |  | XX | California | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | Z1SQJTVVA2Q-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.908% Allowed 8.150% Overby +0.758%.<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 214815839 | XX | XX |  | XX | California | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Credit | Doc Issue | Z1SQJTVVA2Q-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 05/XX/2025 - Received Final title policy, condition resolved. | Resolved 05/XX/2025 - Received Final title policy, condition resolved. | Resolved 05/XX/2025 - Received Final title policy, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 214826000 | XX | XX |  | XX | California | 04/XX/2025 | Purchase | Not Covered/Exempt | 4 | 1 | Credit | Doc Issue | 3PP3A0FPW3V-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 04/XX/2025 - Received title supplement report, condition resolved. | Resolved 04/XX/2025 - Received title supplement report, condition resolved. | Resolved 04/XX/2025 - Received title supplement report, condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 04/XX/2025 |
| 214826000 | XX | XX |  | XX | California | 04/XX/2025 | Purchase | Not Covered/Exempt | 4 | 1 | Credit | Credit | 3PP3A0FPW3V-EDXGB1F3 | Resolved | 4 | R | \* Required Documentation Missing (Lvl R) | DSCR ratio (0.86) is less than 1 which does not meet guideline requirement. As per guidelines "SmartVest Product Summary Investment Property Business Purpose Loan" if DSCR < 1.00-0.80 allowed with Minimum FICO 720 and Maximum LTV 70% required. However in this loan the LTV is 65% and FICO is 678.<br>Resolved 05/XX/2025 - Received LOE with client response as Primary borrower FICO - 796. | Resolved 05/XX/2025 - Received LOE with client response as Primary borrower FICO - 796. | Resolved 05/XX/2025 - Received LOE with client response as Primary borrower FICO - 796. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 |
| 214836744 | XX | XX |  | XX | Maryland | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 2 | Compliance | Compliance | 5U4M50Y2VNE-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.188% Allowed 8.120% Overby +0.068%<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 214836744 | XX | XX |  | XX | Maryland | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 2 | Compliance | Compliance | 5U4M50Y2VNE-ZDECX0IO | Resolved | 3 | R | \* Homeownership Counselling Disclosure is missing. (Lvl R) | Missing Homeownership Counseling Disclosure.<br>Resolved 05/XX/2025: Received Homeownership Counseling Disclosure and exception is cleared. | Resolved 05/XX/2025: Received Homeownership Counseling Disclosure and exception is cleared. | Resolved 05/XX/2025: Received Homeownership Counseling Disclosure and exception is cleared. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 214836744 | XX | XX |  | XX | Maryland | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 2 | Credit | Guidelines | 5U4M50Y2VNE-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | The borrower has been living rent-free for over three years, which does not meet the guideline requiring a first-time homebuyer to have lived rent-free for no more than 12 months.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 765 FICO exceeds the guideline requirement of 660.<br>DTI: 31.01% DTI is less than the maximum guideline requirement of 43.00%.<br>|  | QC Complete | 05/XX/2025 |  |  | 05/XX/2025 |
| 214836744 | XX | XX |  | XX | Maryland | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 2 | Compliance | Compliance | 5U4M50Y2VNE-7NVY4BLQ | Resolved | 4 | R | \* State Higher Price Mortgage Loan (Lvl R) | Maryland COMAR 09.03.06.02B(13) , COMAR 09.03.09.02B(6) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the Code of Maryland Regulations (COMAR).<br>MD COMAR Higher-Priced Mortgage Loan Test: Charged 8.188% Allowed 8.120% Overby +0.068%<br>This loan is compliant with regulation MD COMAR, (Maryland COMAR 09.03.06.02B(13) , COMAR 09.03.09.02B(6). | This loan is compliant with regulation MD COMAR, (Maryland COMAR 09.03.06.02B(13) , COMAR 09.03.09.02B(6). | This loan is compliant with regulation MD COMAR, (Maryland COMAR 09.03.06.02B(13) , COMAR 09.03.09.02B(6). |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 214848053 | XX | XX |  | XX | Texas | 05/XX/2025 | Purchase | Non-QM/Compliant | 2 | 2 | Credit | Guidelines | L0RR4GYUJD4-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Borrower is FTHB Max loan amount is $1,500,000, requesting exception for $XX loan amount<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 782 FICO exceeds the guideline requirement of 700. <br>LTV: 69.99% LTV is less than the guideline requirement of 80.00%. |  | QC Complete | 06/XX/2025 |  |  | 05/XX/2025 |
| 214848558 | XX | XX |  | XX | Colorado | 05/XX/2025 | Refinance | Non-QM/Compliant | 2 | 2 | Credit | Guidelines | 5JVKQU1QLDZ-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Property zoned rural and contains XX Acres exceeds guidelines max 20 acres.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 721 FICO exceeds the guideline requirement of 660.<br>LTV: 44.44% LTV is less than the guideline requirement of 80.00%.<br>Residual Income: $114,415.23 monthly. |  | QC Complete | 06/XX/2025 |  |  | 06/XX/2025 |
| 214864464 | XX | XX |  | XX | California | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | UZ2ROTPVD15-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.999% Allowed 8.150% Overby +1.849%<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 214864464 | XX | XX |  | XX | California | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | UZ2ROTPVD15-7NVY4BLQ | Resolved | 4 | R | \* State Higher Price Mortgage Loan (Lvl R) | CA AB 260, California Financial Code Division 1.9 4995(a) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the California Financial Code.<br>CA AB 260 Higher-Priced Mortgage Loan Test: Charged 9.999% Allowed 8.150% Overby +1.849%<br>This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a). | This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a). | This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a). |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 214864464 | XX | XX |  | XX | California | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Credit | Doc Issue | UZ2ROTPVD15-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 05/XX/2025 - Received title commitment with insured amount, condition resolved. | Resolved 05/XX/2025 - Received title commitment with insured amount, condition resolved. | Resolved 05/XX/2025 - Received title commitment with insured amount, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 215009259 | XX | XX |  | XX | California | 04/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | XBPRMMXLNQM-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide a copy of questionnaire as it is missing in the file.<br>Resolved 06/XX/2025 - Received Condo Questionnaire, condition resolved. | Resolved 06/XX/2025 - Received Condo Questionnaire, condition resolved. | Resolved 06/XX/2025 - Received Condo Questionnaire, condition resolved. |  |  | QC Complete | 05/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 215020793 | XX | XX |  | XX | Indiana | 05/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Other Disclosures | WWIVK4YO531-ZXHR0C1D | Resolved | 3 | R | \* Missing Required Disclosures (Lvl R) | Provide a copy of mortgage statement for XX and tax insurance documents are missing.<br>Resolved 06/XX/2025 - Received mortgage statement with no tax and insurance available for the property, condition resolved. | Resolved 06/XX/2025 - Received mortgage statement with no tax and insurance available for the property, condition resolved. | Resolved 06/XX/2025 - Received mortgage statement with no tax and insurance available for the property, condition resolved. |  |  | QC Complete | 05/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9705151257 | XX | XX |  | XX | New York | 04/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Credit | Credit | UVBDCIOLJKI-UDN50XOG | Resolved | 3 | R | \* Borrower Identity Missing (Lvl R) | Provide a copy of an updated driving License, ID number last digits is missing.<br>Resolved 04/XX/2025 - Received Gov ID, condition resolved. | Resolved 04/XX/2025 - Received Gov ID, condition resolved. | Resolved 04/XX/2025 - Received Gov ID, condition resolved. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9705366111 | XX | XX |  | XX | Washington | 04/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | J3QD31CMOWB-UDN50XOG | Resolved | 3 | R | \* Borrower Identity Missing (Lvl R) | Provide a copy of borrower identification as it is missing.<br>Resolved 05/XX/2025 - Received GOV ID, condition resolved. | Resolved 05/XX/2025 - Received GOV ID, condition resolved. | Resolved 05/XX/2025 - Received GOV ID, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9706581460 | XX | XX |  | XX | California | 04/XX/2025 | Refinance | Non-QM/Compliant | 3 | 2 | Credit | Doc Issue | TDOT5GB3UYT-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | The $xx coverage amount on the title report is less than the mortgage loan amount of $XX<br>Resolved 04/XX/2025 - Received title report, condition resolved. | Resolved 04/XX/2025 - Received title report, condition resolved. | Resolved 04/XX/2025 - Received title report, condition resolved. |  |  | QC Complete | 04/XX/2025 | 05/XX/2025 | 05/XX/2025 | 04/XX/2025 |
| 9706581460 | XX | XX |  | XX | California | 04/XX/2025 | Refinance | Non-QM/Compliant | 3 | 2 | Valuation | Property | TDOT5GB3UYT-8TUTL2SS | Resolved | 3 | R | \* Subject property is located in a FEMA designated disaster area (recent). (Lvl R) | Property is located in FEMA disaster zone (xx). Provide a copy Inspection report.<br>Resolved 05/XX/2025 - Received Post disaster inspection report, condition resolved. | Resolved 05/XX/2025 - Received Post disaster inspection report, condition resolved. | Resolved 05/XX/2025 - Received Post disaster inspection report, condition resolved. |  |  | QC Complete | 04/XX/2025 | 05/XX/2025 | 05/XX/2025 | 04/XX/2025 |
| 9706581460 | XX | XX |  | XX | California | 04/XX/2025 | Refinance | Non-QM/Compliant | 3 | 2 | Credit | Guidelines | TDOT5GB3UYT-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Loan amount of $XX with LTV of 80% does meet the eligibility matrix for maximum LTV of 75%<br>A copy of an exception approval letter is available in the loan file. |  |  | DTI: 32.31% DTI is less than the maximum guideline requirement of 50.00%.<br>FICO: 794 FICO exceeds the guideline requirement of 660.<br>Reserves: The 26 months of available reserves are more than the guideline requirement of 9 months. |  | QC Complete | 04/XX/2025 |  |  | 04/XX/2025 |
| 9706692622 | XX | XX |  | XX | Texas | 05/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 2 | Credit | Credit | CYE200AQBJW-S2ZFXZ4L | Resolved | 3 | R | \* Inquiries (Lvl R) | Provide a copy letter of explanation credit inquiry reflecting on credit report.(XX - 3/XX/2025)<br>Resolved 06/XX/2025 - Received credit inquiry for price mortgage that there is no nee debt, condition resolved. | Resolved 06/XX/2025 - Received credit inquiry for price mortgage that there is no nee debt, condition resolved. | Resolved 06/XX/2025 - Received credit inquiry for price mortgage that there is no nee debt, condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 |
| 9706692622 | XX | XX |  | XX | Texas | 05/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 2 | Credit | Credit Report & History | CYE200AQBJW-EIIIVERL | Resolved | 3 | R | \* Additional Address on Credit Report (Lvl R) | Provide a copy of Letter of Explanation additional address reflecting on credit report.(XX)<br>Resolved 06/XX/2025- Received LOE from client that address LOX is not required, condition resolved. | Resolved 06/XX/2025- Received LOE from client that address LOX is not required, condition resolved. | Resolved 06/XX/2025- Received LOE from client that address LOX is not required, condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 |
| 9706692622 | XX | XX |  | XX | Texas | 05/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 2 | Credit | Guidelines | CYE200AQBJW-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Requesting SLE to use 1099s from 2 different sources (both received for same line of work)<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 685 FICO exceeds the guideline requirement of 660.<br>Reserves: The 13 months of available reserves are more than the guideline requirement of 5 months.<br>|  | QC Complete | 06/XX/2025 |  |  | 06/XX/2025 |
| 9707122843 | XX | XX |  | XX | Florida | 03/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | NYNDAKW0KBS-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Borrower declarations states he has no ownership in past three years. credit report reflecting active mortgage account. Provide an LOE.<br>Resolved 04/XX/2025 - Received Corrected 1003 for ownership, condition resolved. | Resolved 04/XX/2025 - Received Corrected 1003 for ownership, condition resolved. | Resolved 04/XX/2025 - Received Corrected 1003 for ownership, condition resolved. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9707521275 | XX | XX |  | XX | North Carolina | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | TO0C1FIYCY3-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test Charged 9.785% Allowed 9.120% Overby +0.665%.<br>This loan is compliant with regulation 1026.35 | This loan is compliant with regulation 1026.35 | This loan is compliant with regulation 1026.35 |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9708447116 | XX | XX |  | XX | Texas | 05/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | KFTJ5JRQ2H4-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.349% Allowed 8.200% Overby +1.149%.<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9708977310 | XX | XX |  | XX | Oregon | 05/XX/2025 | Refinance | Non-QM/Compliant | 4 | 1 | Credit | Doc Issue | 4CHO14X3F0T-H3X4TJ0T | Resolved | 3 | R | \* Missing Title evidence (Lvl R) | Missing Title Commitment/Preliminary report.<br>Resolved 06/XX/2025 - Received Preliminary report, condition resolved. | Resolved 06/XX/2025 - Received Preliminary report, condition resolved. | Resolved 06/XX/2025 - Received Preliminary report, condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9708977310 | XX | XX |  | XX | Oregon | 05/XX/2025 | Refinance | Non-QM/Compliant | 4 | 1 | Credit | Doc Issue | 4CHO14X3F0T-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide a copy of Supplement report to cover the loan amount $XX<br>Resolved 06/XX/2025 - Received final policy, condition resolved. | Resolved 06/XX/2025 - Received final policy, condition resolved. | Resolved 06/XX/2025 - Received final policy, condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 |
| 9708977310 | XX | XX |  | XX | Oregon | 05/XX/2025 | Refinance | Non-QM/Compliant | 4 | 1 | Credit | Guidelines | 4CHO14X3F0T-J587LE2V | Resolved | 4 | R | \* Loan does not conform to program guidelines (Lvl R) | NSF event of 15 exceed the guideline requirement of maximum six NSF event in the any 12-month period.<br>Resolved 06/XX/2025 - Received as per the updated guidelines used. | Resolved 06/XX/2025 - Received as per the updated guidelines used. | Resolved 06/XX/2025 - Received as per the updated guidelines used. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9710691404 | XX | XX |  | XX | Florida | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Compliance | Compliance | KSW2WOUVGKJ-FSGBNA1Z | Resolved | 3 | R | \* Missing Required Disclosures (Lvl R) | Missing Settlement Service Provider list.<br>Not Resolved 04/XX/2025: Received Homeownership Counseling document instead of Settlement Service Provider list issue remain same.<br>Resolved 05/XX/2025: Received Settlement Service Provider List dated 03/XX/2025 and exception is cleared. | Resolved 05/XX/2025: Received Settlement Service Provider List dated 03/XX/2025 and exception is cleared. | Resolved 05/XX/2025: Received Settlement Service Provider List dated 03/XX/2025 and exception is cleared. |  |  | QC Complete | 04/XX/2025 | 05/XX/2025 | 05/XX/2025 | 04/XX/2025 |
| 9710691404 | XX | XX |  | XX | Florida | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | KSW2WOUVGKJ-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | The $xx coverage amount on the title report is less than the mortgage loan amount of $XX<br>Resolved 04/XX/2025 - Received Title report with insured amount, condition resolved. | Resolved 04/XX/2025 - Received Title report with insured amount, condition resolved. | Resolved 04/XX/2025 - Received Title report with insured amount, condition resolved. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9710691404 | XX | XX |  | XX | Florida | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | KSW2WOUVGKJ-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide a copy of Settlement statement for the property XX, to verify the net proceeds of $XX<br>Resolved 04/XX/2025 - Received seller CD for $XX, condition Resolved. | Resolved 04/XX/2025 - Received seller CD for $240,987,35.00, condition Resolved. | Resolved 04/XX/2025 - Received seller CD for $240,987,35.00, condition Resolved. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9710957169 | XX | XX |  | XX | Maryland | 04/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | Z0CD1GLMTIN-UDN50XOG | Resolved | 3 | R | \* Borrower Identity Missing (Lvl R) | Provide a legible copy of borrower identity proof.<br>Resolved 05/XX/2025 - Received borrower Gov Id, condition resolved. | Resolved 05/XX/2025 - Received borrower Gov Id, condition resolved. | Resolved 05/XX/2025 - Received borrower Gov Id, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9710957169 | XX | XX |  | XX | Maryland | 04/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit |  | Z0CD1GLMTIN-QSFFZZOT | Resolved | 3 | R | \* Hazard Insurance Coverage less than Loan Amount (Lvl R) | Dwelling amount $xx is not sufficient to cover loan amount $XX, provide a copy of replacement cost estimator to covers the dwelling.<br>Resolved 05/XX/2025 - Received RCE document, condition resolved. | Resolved 05/XX/2025 - Received RCE document, condition resolved. | Resolved 05/XX/2025 - Received RCE document, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9711239393 | XX | XX |  | XX | California | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | SOCRWRYDCAL-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | The Preliminary Title does not reflect the amount of the proposed Lender's coverage.<br>Resolved 05/XX/2025 - Received title supplement report, condition resolved. | Resolved 05/XX/2025 - Received title supplement report, condition resolved. | Resolved 05/XX/2025 - Received title supplement report, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9711507542 | XX | XX |  | XX | Illinois | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | HKRT2AQK5UP-6AFLOU1Y | Resolved | 3 | R | \* Purchase Contract (Lvl R) | Provide a copy of purchase addendum with reflecting sales price $xx.<br>Resolved 06/XX/2025 - Received purchase addendum reflecting purchase prise, condition resolved. | Resolved 06/XX/2025 - Received purchase addendum reflecting purchase prise, condition resolved. | Resolved 06/XX/2025 - Received purchase addendum reflecting purchase prise, condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 |
| 9711828765 | XX | XX |  | XX | California | 05/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | TCOS5JV13RQ-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.809% Allowed 9.300% Overby +0.509%<br>This loan is compliant with regulation 1026.35 | This loan is compliant with regulation 1026.35 | This loan is compliant with regulation 1026.35 |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 |
| 9711828765 | XX | XX |  | XX | California | 05/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | TCOS5JV13RQ-7NVY4BLQ | Resolved | 4 | R | \* State Higher Price Mortgage Loan (Lvl R) | CA AB 260, California Financial Code Division 1.9 4995(a) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the California Financial Code.<br>CA AB 260 Higher-Priced Mortgage Loan Test: Charged 9.809% Allowed 9.300% Overby +0.509%<br>This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a). | This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a). | This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a). |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 |
| 9712385989 | XX | XX |  | XX | California | 05/XX/2025 | Purchase | Not Covered/Exempt | 3 | 2 | Credit | Credit | ABQIN4FYBVL-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide a copy of the property's lease agreement, taxes, and insurance (XX).<br>Resolved 05/XX/2025 - Received Exception that property is rented with STR income, condition resolved. | Resolved 05/XX/2025 - Received Exception that property is rented with STR income, condition resolved. | Resolved 05/XX/2025 - Received Exception that property is rented with STR income, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9712385989 | XX | XX |  | XX | California | 05/XX/2025 | Purchase | Not Covered/Exempt | 3 | 2 | Credit | Guidelines | ABQIN4FYBVL-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Exception 1: To allow excessive financing over aggregate amount of zz<br>Exception 2: To allow use of STR income from retained investment properties (XX.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 810 FICO exceeds the guideline requirement of 660.<br>DTI: 43.34% DTI is less than the maximum guideline requirement of 50.00%.<br>Reserves: The 58 months of available reserves are more than the guideline requirement of 12 months.<br>|  | QC Complete | 05/XX/2025 |  |  | 05/XX/2025 |
| 9712539767 | XX | XX |  | XX | Massachusetts | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Compliance | Compliance | R5Q0BRHEMX4-FSGBNA1Z | Resolved | 3 | R | \* Missing Required Disclosures (Lvl R) | Missing Settlement Service Provider list.<br>Resolved 4/XX/2025: Received Settlement Service Provider List dated 03/XX/2025 and exception is cleared. | Resolved 4/XX/2025: Received Settlement Service Provider List dated 03/XX/2025 and exception is cleared. | Resolved 4/XX/2025: Received Settlement Service Provider List dated 03/XX/2025 and exception is cleared. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9713047885 | XX | XX |  | XX | Florida | 04/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 1 | Credit | Credit | ZE0UEJ4Z1IC-UDN50XOG | Resolved | 3 | R | \* Borrower Identity Missing (Lvl R) | Provide a copy of Government ID for Co-Borrower (XX).<br>Resolved 05/XX/2025 - Received GOV ID, condition resolved. | Resolved 05/XX/2025 - Received GOV ID, condition resolved. | Resolved 05/XX/2025 - Received GOV ID, condition resolved. |  |  | QC Complete | 04/XX/2025 | 05/XX/2025 | 05/XX/2025 | 04/XX/2025 |
| 9713047885 | XX | XX |  | XX | Florida | 04/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 1 | Credit | Credit | ZE0UEJ4Z1IC-9U3HDYIW | Resolved | 3 | R | \* Missing Initial 1003_Application (Lvl R) | Provide an initial 1003 for the Co-borrower (XX).<br>Resolved 05/XX/2025 - Received initial 1003 forXXcondition resolved. | Resolved 05/XX/2025 - Received initial 1003 for XX, condition resolved. | Resolved 05/XX/2025 - Received initial 1003 for XX, condition resolved. |  |  | QC Complete | 04/XX/2025 | 05/XX/2025 | 05/XX/2025 | 04/XX/2025 |
| 9713242700 | XX | XX |  | XX | Maryland | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 2 | Compliance | Compliance | XLJN0WOHUTN-7NVY4BLQ | Resolved | 4 | R | \* State Higher Price Mortgage Loan (Lvl R) | Maryland COMAR 09.03.06.02B(13) , COMAR 09.03.09.02B(6) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the Code of Maryland Regulations (COMAR).<br>MD COMAR Higher-Priced Mortgage Loan Test: Charged 9.857% Allowed 8.160% Overby +1.697%<br>This loan is compliant with regulation Maryland COMAR 09.03.06.02B(13) , COMAR 09.03.09.02B(6). | This loan is compliant with regulation Maryland COMAR 09.03.06.02B(13) , COMAR 09.03.09.02B(6). | This loan is compliant with regulation Maryland COMAR 09.03.06.02B(13) , COMAR 09.03.09.02B(6). |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9713242700 | XX | XX |  | XX | Maryland | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 2 | Compliance | Compliance | XLJN0WOHUTN-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.857% Allowed 8.160% Overby +1.697%<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9713242700 | XX | XX |  | XX | Maryland | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 2 | Credit | Guidelines | XLJN0WOHUTN-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Borrower is first time home buyer and does not have a 12-month payment history within the last three years.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 718 FICO exceeds the guideline requirement of 660.<br>Reserves: The 19 months of available reserves are more than the guideline requirement of 3 months.<br>DTI: 38.64% DTI is less than the maximum guideline requirement of 43.00%. |  | QC Complete | 04/XX/2025 |  |  | 04/XX/2025 |
| 9713401280 | XX | XX |  | XX | California | 05/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | KYL4F4SGQSF-7NVY4BLQ | Resolved | 4 | R | \* State Higher Price Mortgage Loan (Lvl R) | CA AB 260, California Financial Code Division 1.9 4995(a) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the California Financial Code.<br>CA AB 260 Higher-Priced Mortgage Loan Test: Charged 8.826% Allowed 8.240% Overby +0.586%<br>This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a). | This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a). | This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a). |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9713401280 | XX | XX |  | XX | California | 05/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Credit | Doc Issue | KYL4F4SGQSF-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 05/XX/2025 - Received title supplement report, condition resolved. | Resolved 05/XX/2025 - Received title supplement report, condition resolved. | Resolved 05/XX/2025 - Received title supplement report, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9713401280 | XX | XX |  | XX | California | 05/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | KYL4F4SGQSF-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.826% Allowed 8.240% Overby +0.586%<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9713745603 | XX | XX |  | XX | Florida | 04/XX/2025 | Purchase | Non-QM/Compliant | 2 | 2 | Credit | Guidelines | BRPBJNJWDEG-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Use income from lease starting on 7/XX/25 for primary conversion which is after first payment date of 6/XX/25. <br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 731 FICO exceeds the guideline requirement of 660.<br>LTV: 60.03% LTV is less than the guideline requirement of 90.00%.<br>|  | QC Complete | 06/XX/2025 |  |  | 05/XX/2025 |
| 9713797208 | XX | XX |  | XX | California | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | FORXSE4W5HL-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 05/XX/2025 - Received title report, condition resolved. | Resolved 05/XX/2025 - Received title report, condition resolved. | Resolved 05/XX/2025 - Received title report, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9716081295 | XX | XX |  | XX | Florida | 04/XX/2025 | Purchase | Non-QM/Compliant | 2 | 2 | Credit | Guidelines | HKOTS4RMRI5-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | FTHB living rent free.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 726 FICO exceeds the guideline requirement of 660.<br>DTI: 12.33% DTI is less than the maximum guideline requirement of 50.00%. |  | QC Complete | 04/XX/2025 |  |  | 04/XX/2025 |
| 9716235891 | XX | XX |  | XX | California | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | KLBCZB4MPB0-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide a copy of LOE/Access letter from XXS for the assets from Nov 2024 to Feb 2025.<br>Resolved 05/XX/2025 - Received LOE as " Access letter are not required from Co-Owners on personal accounts", condition resolved. | Resolved 05/XX/2025 - Received LOE as " Access letter are not required from C-Owners on personal accounts", condition resolved. | Resolved 05/XX/2025 - Received LOE as " Access letter are not required from C-Owners on personal accounts", condition resolved. |  |  | QC Complete | 04/XX/2025 | 05/XX/2025 | 05/XX/2025 | 04/XX/2025 |
| 9717727177 | XX | XX |  | XX | Arizona | 05/XX/2025 | Refinance | Non-QM/Compliant | 3 | 1 | Compliance | Compliance | VUHNHHEGTK3-FSGBNA1Z | Resolved | 3 | R | \* Missing Required Disclosures (Lvl R) | Missing Settlement Service Provider List.<br>Resolved 05/XX/2025: Received Settlement Service Provider List and exception is cleared. | Resolved 05/XX/2025: Received Settlement Service Provider List and exception is cleared. | Resolved 05/XX/2025: Received Settlement Service Provider List and exception is cleared. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9719091663 | XX | XX |  | XX | Washington | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | YIBFNCNH0HJ-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Missing CPA letter.<br>Resolved 04/XX/2025 - Received client response for CPA letter, condition resolved. | Resolved 04/XX/2025 - Received client response for CPA letter, condition resolved. | Resolved 04/XX/2025 - Received client response for CPA letter, condition resolved. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9719091663 | XX | XX |  | XX | Washington | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | YIBFNCNH0HJ-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Missing business bank statements of XX for the month ending 12/XX/23.<br>Resolved 04/XX/2025 - Received Bank statement for Dec month, condition resolved. | Resolved 04/XX/2025 - Received Bank statement for Dec month, condition resolved. | Resolved 04/XX/2025 - Received Bank statement for Dec month, condition resolved. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9721089713 | XX | XX |  | XX | Pennsylvania | 05/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | XM4W5BDDYPA-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.765% Allowed 8.310% +Overby 1.455%.<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 |
| 9721336676 | XX | XX |  | XX | Florida | 05/XX/2025 | Purchase | Non-QM/Compliant | 2 | 2 | Credit | Guidelines | FACU2ASCEQF-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Category C09 non permanent resident alien based on eligible case by case.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 766 FICO exceeds the guideline requirement of 700.<br>Reserves: The 11 months of available reserves are more than the guideline requirement of 3 months.<br>LTV: 70.00% LTV is less than the guideline requirement of 90.00%. |  | QC Complete | 06/XX/2025 |  |  | 06/XX/2025 |
| 9721389253 | XX | XX |  | XX | Florida | 04/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Valuation | Doc Issue | CWS50LILTMS-YXK20TJA | Resolved | 3 | R | \* Subject or Comp Photos are missing or illegible (Lvl R) | Missing Appraisal Completion Cert (1004D). The Appraisal report reflects the property photo's the wall storage have not been painted and the Heater does not have double strap.<br>Resolved 04/XX/2025 - Received client LOE as " There is no health/safety concern due to the wall storage area not being painted.The subject property is in Florida, and it isn't required in this state to have the water heater double strapped " Condition resolved. | Resolved 04/XX/2025 - Received client LOE as " There is no health/safety concern due to the wall storage area not being painted.The subject property is in Florida, and it isn't required in this state to have the water heater double strapped " Condition resolved. | Resolved 04/XX/2025 - Received client LOE as " There is no health/safety concern due to the wall storage area not being painted.The subject property is in Florida, and it isn't required in this state to have the water heater double strapped " Condition resolved. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9721717768 | XX | XX |  | XX | Washington | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | YKLFPF1GLJ2-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide a copy of Settlement statement for pending sale: XX<br>Resolved 05/XX/2025 - Received seller CD, condition clearing. | Resolved 05/XX/2025 - Received seller CD, condition clearing. | Resolved 05/XX/2025 - Received seller CD, condition clearing. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9724087144 | XX | XX |  | XX | Massachusetts | 05/XX/2025 | Purchase | Non-QM/Compliant | 2 | 2 | Credit | Guidelines | CZYMR1CWOH5-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | The second parcel is landlocked and includes a barn with an accessory dwelling unit (ADU).<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 787 FICO exceeds the guideline requirement of 700.<br>LTV: 75.00% LTV is less than the guideline requirement of 85.00%.<br>Reserves: The 171 months of available reserves are more than the guideline requirement of 6 months. |  | QC Complete | 06/XX/2025 |  |  | 06/XX/2025 |
| 9724527800 | XX | XX |  | XX | New York | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | GDEEO5QZSFY-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Missing letter of explanation for borrower living rent free.<br>Resolved 06/XX/2025 - Borrower is not an FTHB, condition resolved. | Resolved 06/XX/2025 - Borrower is not an FTHB, condition resolved. | Resolved 06/XX/2025 - Borrower is not an FTHB, condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9725517156 | XX | XX |  | XX | California | 05/XX/2025 | Cash Out | Not Covered/Exempt | 2 | 2 | Credit | Guidelines | WODMEEFZBBL-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | FICO score 665 does not meet the guideline for minimum Fico score of 680 for cashout - investment.<br>A copy of an exception approval letter is available in the loan file. |  |  | LTV: 46.04% LTV is less than the guideline requirement of 60.00%.<br>Residual Income : $10,906.71 monthly. |  | QC Complete | 05/XX/2025 |  |  | 05/XX/2025 |
| 9725559976 | XX | XX |  | XX | Oregon | 05/XX/2025 | Cash Out | Non-QM/Compliant | 2 | 2 | Credit | Guidelines | U313CIIPI1W-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Loan amount of XXexceeds the guideline maximum loan amount of $2,000,000.00.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 774 FICO exceeds the guideline requirement of 660.<br>Reserves: The 16 months of available reserves are more than the guideline requirement of 14 months.<br>|  | QC Complete | 06/XX/2025 |  |  | 06/XX/2025 |
| 9725754825 | XX | XX |  | XX | North Carolina | 04/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 1 | Credit | Credit | NRKS14HIPVE-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Final 1003 reflects property (XX) & (XX) as primary residence. Need correction for occupancy as investment for both the properties.<br>Resolved 05/XX/2025 - Received corrected 1003 loan application, condition resolved. | Resolved 05/XX/2025 - Received corrected 1003 loan application, condition resolved. | Resolved 05/XX/2025 - Received corrected 1003 loan application, condition resolved. |  |  | QC Complete | 04/XX/2025 | 05/XX/2025 | 05/XX/2025 | 04/XX/2025 |
| 9726016109 | XX | XX |  | XX | Wisconsin | 05/XX/2025 | Purchase | Non-QM/Compliant | 2 | 2 | Credit | Credit | BH2KCWY33Y5-EDXGB1F3 | Waived | 2 | W | \* Required Documentation Missing (Lvl W) | Requesting exception to use 100% of account used for income calculation.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 771 FICO exceeds the guideline requirement of 720.<br>Reserves: The 6 months of available reserves are more than the guideline requirement of 3 months.<br>DTI: 24.78% DTI is less than the maximum guideline requirement of 50.00%. |  | QC Complete | 06/XX/2025 |  |  | 06/XX/2025 |
| 9727995335 | XX | XX |  | XX | Florida | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | AYSHPIJGNZX-SF53084O | Resolved | 3 | R | \* Title policy missing (Lvl R) | Copy of Errors and omissions (E&O) policy is missing.<br>06/XX/2025: The copy of E&O resolves the condition. | 06/XX/2025: The copy of E&O resolves the condition. | 06/XX/2025: The copy of E&O resolves the condition. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9727995335 | XX | XX |  | XX | Florida | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | AYSHPIJGNZX-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Cash from borrower amount $xx does not match with final CD. Provide update LoanScore card with cash from borrower amount $zz<br>Resolved 06/XX/2025 - Received LOX as " LSC does not need to be updated to match final figures", condition resolved. | Resolved 06/XX/2025 - Received LOX as " LSC does not need to be updated to match final figures", condition resolved. | Resolved 06/XX/2025 - Received LOX as " LSC does not need to be updated to match final figures", condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9727995335 | XX | XX |  | XX | Florida | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Valuation | Doc Issue | AYSHPIJGNZX-WMO0OGAE | Resolved | 3 | R | \* Appraisal incomplete (missing map, layout, pages, etc) (Lvl R) | Missing a copy of the Appraiser's Errors and omissions (E&O) policy.<br>Resolved 06/XX/2025 - Received E&O policy, condition resolved. | Resolved 06/XX/2025 - Received E&O policy, condition resolved. | Resolved 06/XX/2025 - Received E&O policy, condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9727995335 | XX | XX |  | XX | Florida | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit |  | AYSHPIJGNZX-G0TZ53U4 | Resolved | 3 | R | \* Hazard Insurance (Lvl R) | Copy of final hazard insurance is missing.<br>Resolved 06/XX/2025 - Received hazard insurance, condition resolved. | Resolved 06/XX/2025 - Received hazard insurance, condition resolved. | Resolved 06/XX/2025 - Received hazard insurance, condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9727995335 | XX | XX |  | XX | Florida | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | AYSHPIJGNZX-J9U91B37 | Resolved | 3 | R | \* LOE (Lvl R) | XXbalance $542.00 does not match with XX statement (pg#331).<br>Resolved 06/XX/2025 - Received LOX document as Actual balance is less than $2 lower than, condition resolved. | Resolved 06/XX/2025 - Received LOX document as Actual balance is less than $2 lower than, condition resolved. | Resolved 06/XX/2025 - Received LOX document as Actual balance is less than $2 lower than, condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9728979718 | XX | XX |  | XX | Connecticut | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | 1WOHVXPLRSL-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.106% Allowed 8.150% Overby +0.956%.<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9732018131 | XX | XX |  | XX | California | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 2 | Credit | Credit | 15QQ0MEDIXO-U0OKEMMW | Waived | 3 | W | \* Required Documentation Missing or Incomplete (Lvl W) | Total assets verified in the amount of $279,552.13. Funds required to close are $196,684.71. Reserves required as per guidelines are $103,480.14. Total verified reserves are $82,867.42. Provide proof of assets to satisfy reserve requirements.<br>Waived 5/XX/2025 - Received Exceptional approval document, condition waived. |  |  | FICO: 745 FICO exceeds the guideline requirement of 700.<br>Housing History: 0x30x12 is better than the guideline requirement of 1x30x12. | Condition Flag: Resolution Required | QC Complete | 04/XX/2025 |  |  | 04/XX/2025 |
| 9732508693 | XX | XX |  | XX | Michigan | 05/XX/2025 | Purchase | Non-QM/Compliant | 2 | 2 | Credit | Guidelines | 2V2M4FRCPZ5-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Exception for borrower since she is FTHB living rent free form more than 12 months. She has strong financial and positive work history. Borrower is getting divorced and needs to buy her own home.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 800 FICO exceeds the guideline requirement of 700.<br>Reserves: The 20 months of available reserves are more than the guideline requirement of 3 months.<br>DTI: 20.37% DTI is less than the maximum guideline requirement of 43.00%.<br>|  | QC Complete | 05/XX/2025 |  |  | 05/XX/2025 |
| 9733047485 | XX | XX |  | XX | Oregon | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 2 | Credit | Doc Issue | VLMQIJCK3ZW-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | The amount of title insurance of xx on the Title Commitment is less than the loan amount $XX<br>Resolved 05/XX/2025 - Received title insured amount, condition resolved. | Resolved 05/XX/2025 - Received title insured amount, condition resolved. | Resolved 05/XX/2025 - Received title insured amount, condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 04/XX/2025 |
| 9733047485 | XX | XX |  | XX | Oregon | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 2 | Credit | Guidelines | VLMQIJCK3ZW-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | FTHB living rent free 5 of last 12 months , no other prior rent history<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 771 FICO exceeds the guideline requirement of 660.<br>DTI: 38.93% DTI is less than the maximum guideline requirement of 50.00%.<br>|  | QC Complete | 06/XX/2025 |  |  | 04/XX/2025 |
| 9733266275 | XX | XX |  | XX | California | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | JSTYVB02PEC-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 05/XX/2025 - Received Supplemental report, condition resolved. | Resolved 05/XX/2025 - Received Supplemental report, condition resolved. | Resolved 05/XX/2025 - Received Supplemental report, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9733407457 | XX | XX |  | XX | Florida | 05/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | 0NKP50IVJUC-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.637% Allowed 8.380% Overby +1.257%<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9734525828 | XX | XX |  | XX | Michigan | 04/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | NOBSXQK5SCY-UDN50XOG | Resolved | 3 | R | \* Borrower Identity Missing (Lvl R) | Provide a legible copy of Driving License of both borrowers.<br>Resolved 06/XX/2025 - Borrower DL id received, condition resolved. | Resolved 06/XX/2025 - Borrower DL id received, condition resolved. | Resolved 06/XX/2025 - Borrower DL id received, condition resolved. |  |  | QC Complete | 05/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9734525828 | XX | XX |  | XX | Michigan | 04/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit |  | NOBSXQK5SCY-QSFFZZOT | Resolved | 3 | R | \* Hazard Insurance Coverage less than Loan Amount (Lvl R) | Missing master policy.<br>Resolved 05/XX/2025 - Received master policy, condition resolved. | Resolved 05/XX/2025 - Received master policy, condition resolved. | Resolved 05/XX/2025 - Received master policy, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9734558183 | XX | XX |  | XX | New York | 04/XX/2025 | Refinance | Not Covered/Exempt | 3 | 1 | Credit | Other Disclosures | HBQW2WZ2FRA-ZXHR0C1D | Resolved | 3 | R | \* Missing Required Disclosures (Lvl R) | On the final loan application, the subject property located at XX is listed as a Primary Residence under Section 3 (Intended Occupancy), while Section 4a indicates it as an Investment Property. Please provide an updated loan application reflecting the correct occupancy status.<br>Resolved 05/XX/2025 - Received corrected final 1003 application, condition resolved. | Resolved 05/XX/2025 - Received corrected final 1003 application, condition resolved. | Resolved 05/XX/2025 - Received corrected final 1003 application, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9734910061 | XX | XX |  | XX | Florida | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 2 | Credit | Guidelines | DANWO3VVCOX-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Borrower is a FTHB buying a 2nd home.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 758 FICO exceeds the guideline requirement of 660.<br>DTI: 30.89% DTI is less than the maximum guideline requirement of 43.00%.<br>Reserves: The 15 months of available reserves are more than the guideline requirement of 3 months.<br>|  | QC Complete | 05/XX/2025 |  |  | 05/XX/2025 |
| 9734910061 | XX | XX |  | XX | Florida | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 2 | Credit | Other Disclosures | DANWO3VVCOX-ZXHR0C1D | Resolved | 3 | R | \* Missing Required Disclosures (Lvl R) | Provide a copy condo questionnaire as it is missing.<br>Resolved 05/XX/2025 - Received condo questionnaire, condition resolved. | Resolved 05/XX/2025 - Received condo questionnaire, condition resolved. | Resolved 05/XX/2025 - Received condo questionnaire, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9735435845 | XX | XX |  | XX | Maryland | 04/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | 131MXO24XIL-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide a copy of Lease Agreement for subject address XX<br>Resolved 05/XX/2025 - Received client response as " DSCR is met with the loan qualified through market rent from appraisal ", Condition resolved. | Resolved 05/XX/2025 - Received client response as " DSCR is met with the loan qualified through market rent from appraisal ", Condition resolved. | Resolved 05/XX/2025 - Received client response as " DSCR is met with the loan qualified through market rent from appraisal ", Condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9736008666 | XX | XX |  | XX | Georgia | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | 4YY50LM2S5U-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.828% Allowed 8.310% Overby +1.518%<br>This loan is compliant with regulation 1026.35 | This loan is compliant with regulation 1026.35 | This loan is compliant with regulation 1026.35 |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9738121541 | XX | XX |  | XX | Arizona | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Assets Insufficient | 4CB2S30CED5-RDQHOAL4 | Resolved | 3 | R | \* Assets are not sufficient to close (Lvl R) | Missing Settlement statement or seller CD to verify sale proceeds of $xx for Property address xx<br>Resolved : 05/XX/2025 : Received Settlement statement or seller CD to verify sale proceeds of $xx for Property address xx for borrower, condition resolved. | Resolved : 05/XX/2025 : Received Settlement statement or seller CD to verify sale proceeds of $216,899 for Property address XX for borrower, condition resolved. | Resolved : 05/XX/2025 : Received Settlement statement or seller CD to verify sale proceeds of $216,899 for Property address XX for borrower, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9738329771 | XX | XX |  | XX | Illinois | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 2 | Compliance | Compliance | YP3RYLRK5W5-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 10.126% Allowed 8.120% Overby +2.006%<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9738329771 | XX | XX |  | XX | Illinois | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 2 | Credit | Guidelines | YP3RYLRK5W5-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Borrower living rent free for 2 years does not meet the guidelines for 'First time homebuyer living rent free for more than 12 months'.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 757 FICO exceeds the guideline requirement of 660.<br>Reserves: The 12 months of available reserves are more than the guideline requirement of 3 months.<br>DTI: 28.01% DTI is less than the maximum guideline requirement of 43.00%.<br>|  | QC Complete | 05/XX/2025 |  |  | 05/XX/2025 |
| 9738445064 | XX | XX |  | XX | Maryland | 05/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | DDHIEHESFRS-7NVY4BLQ | Resolved | 4 | R | \* State Higher Price Mortgage Loan (Lvl R) | Maryland COMAR 09.03.06.02B(13) , COMAR 09.03.09.02B(6) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the Code of Maryland Regulations (COMAR).<br>MD COMAR Higher-Priced Mortgage Loan Test: Charged 8.486% Allowed 8.240% Overby +0.246%.<br>This loan is compliant with regulation Maryland COMAR 09.03.06.02B(13) ,COMAR 09.03.09.02B(6). | This loan is compliant with regulation Maryland COMAR 09.03.06.02B(13) , COMAR 09.03.09.02B(6). | This loan is compliant with regulation Maryland COMAR 09.03.06.02B(13) , COMAR 09.03.09.02B(6). |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 |
| 9738445064 | XX | XX |  | XX | Maryland | 05/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Credit | Credit | DDHIEHESFRS-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide a copy of Business bank statements from Mar 2024 to Feb 2025 for below account: <br>XX<br>Resolved 06/XX/2025 - Received business bank statement, condition resolved. | Resolved 06/XX/2025 - Received business bank statement, condition resolved. | Resolved 06/XX/2025 - Received business bank statement, condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9739560242 | XX | XX |  | XX | Texas | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Valuation | Doc Issue | DUBWGMNZ4H4-WMO0OGAE | Resolved | 3 | R | \* Appraisal incomplete (missing map, layout, pages, etc) (Lvl R) | Provide an updated appraisal report, current subject property appraisal indicates that property is located in flood zone, while the flood certificate suggests that property is not in flood zone.<br>Resolved 06/XX/2025 - Received updated appraisal with flood zone as " X ", condition resolved. | Resolved 06/XX/2025 - Received updated appraisal with flood zone as " X ", condition resolved. | Resolved 06/XX/2025 - Received updated appraisal with flood zone as " X ", condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 |
| 9740424198 | XX | XX |  | XX | California | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | GHXIOHK4Y2V-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide business bank statements of XX for the months ending 2/XX/2025 to 2/XX/2025.<br>Resolved 05/XX/2025 : Business bank statements of XX received for the month of Feb, condition resolved. | Resolved 05/XX/2025 : Business bank statements of XX received for the month of Feb, condition resolved. | Resolved 05/XX/2025 : Business bank statements of XX received for the month of Feb, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9743077860 | XX | XX |  | XX | Virginia | 05/XX/2025 | Purchase | Non-QM/Compliant | 2 | 2 | Credit | Guidelines | YFSYJD2011K-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Requesting an exception to use 100% business assets from business used for qualifying income.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 753 FICO exceeds the guideline requirement of 700.<br>DTI: 40.64% DTI is less than the maximum guideline requirement of 43.00%.<br>Reserves: The 17 months of available reserves are more than the guideline requirement of 3 months. |  | QC Complete | 05/XX/2025 |  |  | 05/XX/2025 |
| 9744528911 | XX | XX |  | XX | Washington | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | YNKI0YP1QZS-UDN50XOG | Resolved | 3 | R | \* Borrower Identity Missing (Lvl R) | The primary borrower's driver's license expired on March xx, 2025. Please provide a copy of the renewed license.<br>Resolved 05/XX/2025 - Received Gov id, condition resolved. | Resolved 05/XX/2025 - Received Gov id, condition resolved. | Resolved 05/XX/2025 - Received Gov id, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9744528911 | XX | XX |  | XX | Washington | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | YNKI0YP1QZS-DFWG7HN5 | Resolved | 3 | R | \* Missing proof of hazard insurance (Lvl R) | Missing Hazard insurance for property address xx<br>Resolved 05/XX/2025 - Received hazard insurance, condition resolved. | Resolved 05/XX/2025 - Received hazard insurance, condition resolved. | Resolved 05/XX/2025 - Received hazard insurance, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9744528911 | XX | XX |  | XX | Washington | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Other Disclosures | YNKI0YP1QZS-ZXHR0C1D | Resolved | 3 | R | \* Missing Required Disclosures (Lvl R) | Provide a copy of CPA with expense ratio 85% to calculate the banks statement income.<br>Resolved 05/XX/2025 - Received Client response as CPA letter is not required for worst case expense factor, guideline is acceptable for 50% of expense ratio, condition resolved. | Resolved 05/XX/2025 - Received Client response as CPA letter is not required for worst case expense factor, guideline is acceptable for 50% of expense ratio, condition resolved. | Resolved 05/XX/2025 - Received Client response as CPA letter is not required for worst case expense factor, guideline is acceptable for 50% of expense ratio, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9744581027 | XX | XX |  | XX | California | 04/XX/2025 | Refinance | Not Covered/Exempt | 2 | 2 | Credit | Guidelines | Q4OENVGRI0H-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Allow use of business account XXXX1201 at 100% (same business, but this account is not being used for income calculation)<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 752 FICO exceeds the guideline requirement of 720.<br>LTV: 57.53% LTV is less than the guideline requirement of 80.00%.<br>DTI: 29.37% DTI is less than the maximum guideline requirement of 50.00%. |  | QC Complete | 05/XX/2025 |  |  | 05/XX/2025 |
| 9744851784 | XX | XX |  | XX | California | 05/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Doc Issue | TAUZO2YGS45-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | The preliminary title report reflects a proposed Lender's title insurance coverage amount of $xx, which is less than the loan amount of $XX<br>Resolved 05/XX/2025 - Received title report with insured amount, condition resolved. | Resolved 05/XX/2025 - Received title report with insured amount, condition resolved. | Resolved 05/XX/2025 - Received title report with insured amount, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9744923286 | XX | XX |  | XX | New York | 04/XX/2025 | Cash Out | Non-QM/Compliant | 2 | 2 | Credit | Guidelines | 34MHJGFTXDD-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Loan amount of $XX with median score of 702 is less than the guideline requirement of 720.<br>A copy of an exception approval letter is available in the loan file. |  |  | LTV: 68.27% LTV is less than the guideline requirement of 80.00%.<br>Reserves: The 36 months of available reserves are more than the guideline requirement of 8 months. |  | QC Complete | 05/XX/2025 |  |  | 05/XX/2025 |
| 9746929729 | XX | XX |  | XX | California | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | LV22QBMTVJT-DFWG7HN5 | Resolved | 3 | R | \* Missing proof of hazard insurance (Lvl R) | The master policy expired on 05/XX/2025. Please provide unexpired master policy.<br>Resolved 05/XX/2025 - Received HOI with expiry date 5/XX/2026, condition resolved. | Resolved 05/XX/2025 - Received HOI with expiry date 5/XX/2026, condition resolved. | Resolved 05/XX/2025 - Received HOI with expiry date 5/XX/2026, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9746929729 | XX | XX |  | XX | California | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | LV22QBMTVJT-J9U91B37 | Resolved | 3 | R | \* LOE (Lvl R) | Provide a letter of explanation for excluding the HOA fees of $654.00 from the DTI calculation.<br>Resolved- 06/XX/2025- The HOA amount is now reflected in the appraisal document, condition resolved. | Resolved- 06/XX/2025- The HOA amount is now reflected in the appraisal document, condition resolved. | Resolved- 06/XX/2025- The HOA amount is now reflected in the appraisal document, condition resolved. |  |  | QC Complete | 05/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9747012376 | XX | XX |  | XX | Texas | 05/XX/2025 | Purchase | Non-QM/Compliant | 4 | 2 | Compliance | Compliance | LGI0S3AKQFX-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.239% Allowed 8.310% Overby +0.929%<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9747012376 | XX | XX |  | XX | Texas | 05/XX/2025 | Purchase | Non-QM/Compliant | 4 | 2 | Credit | Guidelines | LGI0S3AKQFX-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | To allow EAD card category C10.<br>A copy of an exception approval letter is available in the loan file. |  |  | DTI: 47.39% DTI is less than the maximum guideline requirement of 50.00%.<br>Reserves: The 9 months of available reserves are more than the guideline requirement of 3 months.<br>FICO: 717 FICO exceeds the guideline requirement of 700. |  | QC Complete | 05/XX/2025 |  |  | 05/XX/2025 |
| 9747261791 | XX | XX |  | XX | Ohio | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 2 | Credit | Credit Report & History | EQFA4E410BZ-DP22SL1L | Resolved | 3 | R | \* Letter of explanation for addresses reported in the credit report (Lvl R) | Provide a letter of explanation for below addresses reflecting on credit report.<br>xx<br>Resolved 05/XX/2025 - Received LOE for the above mentioned address as 1. Mother address in Gift letter & Non borrower address, condition resolved. | Resolved 05/XX/2025 - Received LOE for the above mentioned address as 1. Mother address in Gift letter & Non borrower address, condition resolved. | Resolved 05/XX/2025 - Received LOE for the above mentioned address as 1. Mother address in Gift letter & Non borrower address, condition resolved. |  |  | QC Complete | 04/XX/2025 | 05/XX/2025 | 05/XX/2025 | 04/XX/2025 |
| 9747261791 | XX | XX |  | XX | Ohio | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 2 | Credit | Credit | EQFA4E410BZ-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | The address on lease agreement xx,) does not match with the current address (2xx) on final 1003. Provide updated final 1003 with borrower current address.<br>Resolved 05/XX/2025 - Received client response as the both address are mentioning the same property there is no lease agreement, condition resolved. | Resolved 05/XX/2025 - Received client response as the both address are mentioning the same property there is no lease agreement, condition resolved. | Resolved 05/XX/2025 - Received client response as the both address are mentioning the same property there is no lease agreement, condition resolved. |  |  | QC Complete | 04/XX/2025 | 05/XX/2025 | 05/XX/2025 | 04/XX/2025 |
| 9747261791 | XX | XX |  | XX | Ohio | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 2 | Credit | Guidelines | EQFA4E410BZ-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | close with one of two account owners as a borrower on a personal bank statement loan.<br>A copy of an exception approval letter is available in the loan file. |  |  | DTI: 43.76% DTI is less than the maximum guideline requirement of 50.00%.<br>Residual Income : $8,186.94 monthly<br>Reserves: The 14 months of available reserves are more than the guideline requirement of 3 months. |  | QC Complete | 04/XX/2025 |  |  | 04/XX/2025 |
| 9747261791 | XX | XX |  | XX | Ohio | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 2 | Compliance | Compliance | EQFA4E410BZ-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 10.000% Allowed 8.120% Overby +1.880%.<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9747619105 | XX | XX |  | XX | California | 04/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | R4UDRRH4TRU-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 04/XX/2025 - Received final title report, condition resolved. | Resolved 04/XX/2025 - Received final title report, condition resolved.<br>| Resolved 04/XX/2025 - Received final title report, condition resolved.<br>|  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9748441335 | XX | XX |  | XX | Arizona | 04/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 1 | Credit | Credit | SNOIFBQQHVO-9U3HDYIW | Resolved | 3 | R | \* Missing Initial 1003_Application (Lvl R) | Missing Initial 1003.<br>Resolved 04/XX/2025 - Received Initial 1003, condition resolved. | Resolved 04/XX/2025 - Received Initial 1003, condition resolved. | Resolved 04/XX/2025 - Received Initial 1003, condition resolved. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9748469013 | XX | XX |  | XX | Florida | 05/XX/2025 | Purchase | Non-QM/Compliant | 4 | 2 | Credit | Guidelines | 1IGVSNC2B0N-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Exception for use of 2 SE businesses on SmartSelf income calculation<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 725 FICO exceeds the guideline requirement of 700.<br>Reserves: The 5 months of available reserves are more than the guideline requirement of 3 months.<br>DTI: 38.84% DTI is less than the maximum guideline requirement of 50.00%. |  | QC Complete | 06/XX/2025 |  |  | 06/XX/2025 |
| 9748469013 | XX | XX |  | XX | Florida | 05/XX/2025 | Purchase | Non-QM/Compliant | 4 | 2 | Compliance | Compliance | 1IGVSNC2B0N-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.290% Allowed 8.240% Overby +0.050%.<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 |
| 9748539567 | XX | XX |  | XX | Texas | 05/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Doc Issue | ZU1HG2PSAWG-BTX3FKVR | Resolved | 3 | R | \* Credit report incomplete (Lvl R) | Trade line forXX is not included in the credit report. Provide a copy of the credit supplement report.<br>Resolved 06/XX/2025 - Received LOX as the XX account# is already available in Page 13 of credit report, condition resolved. | Resolved 06/XX/2025 - Received LOX as the XX account# is already available in Page 13 of credit report, condition resolved. | Resolved 06/XX/2025 - Received LOX as the XX account# is already available in Page 13 of credit report, condition resolved. |  |  | QC Complete | 05/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9749940483 | XX | XX |  | XX | California | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | MVRABXQAWW2-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Missing supporting document for HOA dues at $96.00 reflecting on final application.<br>Resolved 05/XX/2025 - Received LOE stating " cost were inflated for conservative purpose as $96 was added at initial review", condition resolved. | Resolved 05/XX/2025 - Received LOE stating " cost were inflated for conservative purpose as $96 was added at initial review", condition resolved. | Resolved 05/XX/2025 - Received LOE stating " cost were inflated for conservative purpose as $96 was added at initial review", condition resolved. |  |  | QC Complete | 04/XX/2025 | 05/XX/2025 | 05/XX/2025 | 04/XX/2025 |
| 9751115370 | XX | XX |  | XX | Texas | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 2 | Compliance | Compliance | YVF3GYSL0VC-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.455% Allowed 8.150% Overby +1.305%<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9751115370 | XX | XX |  | XX | Texas | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 2 | Compliance | Compliance | YVF3GYSL0VC-FSGBNA1Z | Resolved | 3 | R | \* Missing Required Disclosures (Lvl R) | Missing Settlement Service Provider list.<br>Resolved 4/XX/2025: Received Settlement Service Provider List dated 3/XX/2025 and exception is cleared. | Resolved 4/XX/2025: Received Settlement Service Provider List dated 3/XX/2025 and exception is cleared. | Resolved 4/XX/2025: Received Settlement Service Provider List dated 3/XX/2025 and exception is cleared. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9751115370 | XX | XX |  | XX | Texas | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 2 | Credit | Guidelines | YVF3GYSL0VC-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Use funds sourced from an ineligible UTMA account.<br>A copy of an exception approval letter is available in the loan file. |  |  | DTI: 21.49% DTI is less than the maximum guideline requirement of 50.00%.<br>FICO: 694 FICO exceeds the guideline requirement of 660. |  | QC Complete | 04/XX/2025 |  |  | 04/XX/2025 |
| 9751268070 | XX | XX |  | XX | Michigan | 04/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Doc Issue | JRAMHII5HFI-V99AA17R | Resolved | 3 | R | \* Prepayment Rider Missing (Lvl R) | Missing prepayment rider.<br>Resolved 05/XX/2025 - Received Prepayment Rider, condition resolved. | Resolved 05/XX/2025 - Received Prepayment Rider, condition resolved. | Resolved 05/XX/2025 - Received Prepayment Rider, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9751892259 | XX | XX |  | XX | Arizona | 03/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 1 | Credit | Guidelines | TRXJHIBJ2SK-28GAQH2C | Resolved | 3 | R | \* Income documentation does not meet guidelines (Lvl R) | Missing bank statements for XX for the months of September 2024, October 2024, November 2024, and December 2024.<br>Resolved 04/XX/2025 - Received Bank statements for all months, condition resolved. | Resolved 04/XX/2025 - Received Bank statements for all months, condition resolved. | Resolved 04/XX/2025 - Received Bank statements for all months, condition resolved. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9751892259 | XX | XX |  | XX | Arizona | 03/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 1 | Credit | Credit | TRXJHIBJ2SK-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide a supporting document or final closing disclosure with a payment of $10,611.00 (XX) for the property at XX<br>Resolved 04/XX/2025 - Received Final CD with payment $10,611.00, condition resolved. | Resolved 04/XX/2025 - Received Final CD with payment $10,611.00, condition resolved. | Resolved 04/XX/2025 - Received Final CD with payment $10,611.00, condition resolved. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9753220442 | XX | XX |  | XX | Texas | 05/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | 2RTDFUMS1G3-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.991% Allowed 8.370% Overby +0.621%.<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 |
| 9754056134 | XX | XX |  | XX | New Mexico | 03/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | 2BHPTBDF1YW-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | The amount of title insurance of $220,000.00 on the Title Commitment is less than the loan amount $XX<br>Resolved 04/XX/2025 - Received title insured amount, condition resolved. | Resolved 04/XX/2025 - Received title insured amount, condition resolved. | Resolved 04/XX/2025 - Received title insured amount, condition resolved. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9754056134 | XX | XX |  | XX | New Mexico | 03/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Compliance | Compliance | 2BHPTBDF1YW-IJH0N5PE | Resolved | 3 | R | \* ComplianceEase TRID Tolerance Test is Incomplete (Lvl R) | Initial Closing Disclosure is Missing.<br>Resolved 04/XX/2025: Received Initial Closing Disclosure dated 3/XX/2025 and exception is cleared. | Resolved 04/XX/2025: Received Initial Closing Disclosure dated 3/XX/2025 and exception is cleared.  | Resolved 04/XX/2025: Received Initial Closing Disclosure dated 3/XX/2025 and exception is cleared.  |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9754537281 | XX | XX |  | XX | New York | 04/XX/2025 | Cash Out | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | 0YEBOFK325F-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.189% Allowed 8.160% Overby +0.029%.<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9755031078 | XX | XX |  | XX | California | 04/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 2 | Credit | Doc Issue | S1RPQ3KWAN5-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | The $700,000 coverage amount on the title report is less than the mortgage loan amount of $XX<br>Resolved 05/XX/2025 - Received title insured amount, condition resolved. | Resolved 05/XX/2025 - Received title insured amount, condition resolved. | Resolved 05/XX/2025 - Received title insured amount, condition resolved. |  |  | QC Complete | 04/XX/2025 | 05/XX/2025 | 05/XX/2025 | 04/XX/2025 |
| 9755031078 | XX | XX |  | XX | California | 04/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 2 | Credit | Guidelines | S1RPQ3KWAN5-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | The loan exceeds the allowable threshold of six NSF events within a 12-month period, with a total of 20 NSF events recorded over the past year.<br>A copy of an exception approval letter is available in the loan file. |  |  | DTI: 37.37% DTI is less than the maximum guideline requirement of 50.00%.<br>LTV: 55.56% LTV is less than the guideline requirement of 75.00%.<br>FICO: 692 FICO exceeds the guideline requirement of 660. |  | QC Complete | 04/XX/2025 |  |  | 04/XX/2025 |
| 9755572998 | XX | XX |  | XX | Arizona | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | EUE0SPLQLH3-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.474% Allowed 8.310% Overby +0.164%.<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9755690600 | XX | XX |  | XX | Utah | 04/XX/2025 | Refinance | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | WX5L5LXE315-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | The amount of title insurance of $361,000.00 on the Title Commitment is less than the loan amount $XX<br>Resolved 05/XX/2025 - Received title report, condition resolved. | Resolved 05/XX/2025 - Received title report, condition resolved. | Resolved 05/XX/2025 - Received title report, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9756499373 | XX | XX |  | XX | California | 04/XX/2025 | Refinance | Not Covered/Exempt | 3 | 1 | Credit | Doc Issue | 4WGWKN43XGO-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 04/XX/2025 - Received insured amount, condition resolved. | Resolved 04/XX/2025 - Received insured amount, condition resolved. | Resolved 04/XX/2025 - Received insured amount, condition resolved. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9757326880 | XX | XX |  | XX | Arkansas | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | RAV4501E32G-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Missing Seller CD or settlement statement for sale of XX showing net proceeds of $250,000 and payoff of XX<br>Resolved 05/XX/2025 - Received seller CD for the property XX condition resolved. | Resolved 05/XX/2025 - Received seller CD for the property xx condition resolved. | Resolved 05/XX/2025 - Received seller CD for the property xx condition resolved. |  |  | QC Complete | 04/XX/2025 | 05/XX/2025 | 05/XX/2025 | 04/XX/2025 |
| 9757662102 | XX | XX |  | XX | Alaska | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Credit | Credit | JU3QV03KHMX-J9U91B37 | Resolved | 3 | R | \* LOE (Lvl R) | Provide a letter of explanation for borrower having no primary housing expense.<br>Resolved 05/XX/2025 - Received LOE as borrower is not having any housing expense in properties, condition resolved. | Resolved 05/XX/2025 - Received LOE as borrower is not having any housing expense in properties, condition resolved. | Resolved 05/XX/2025 - Received LOE as borrower is not having any housing expense in properties, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9757662102 | XX | XX |  | XX | Alaska | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | JU3QV03KHMX-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.910% Allowed 8.160% Overby +1.750%.<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9758472410 | XX | XX |  | XX | Pennsylvania | 04/XX/2025 | Refinance | Non-QM/Compliant | 3 | 1 | Credit | Credit | M3RJZLAG40E-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide a proof of mortgage payments and related expenses for REO property located at XX<br>Resolved 05/XX/2025 - Received proof documents for the REO Property, condition resolved. | Resolved 05/XX/2025 - Received proof documents for the REO Property, condition resolved. | Resolved 05/XX/2025 - Received proof documents for the REO Property, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9759138671 | XX | XX |  | XX | Texas | 05/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 1 | Credit | Doc Issue | 0SNMFWD30H0-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | The amount of proposed Lender's coverage on the Title Commitment is less than the loan amount. The document reflects coverage in the amount of $600,000.00, however, the Note reflects a loan amount of $XX<br>Resolved 05/XX/2025 - Received title insured amount, condition resolved. | Resolved 05/XX/2025 - Received title insured amount, condition resolved. | Resolved 05/XX/2025 - Received title insured amount, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9759942924 | XX | XX |  | XX | California | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 2 | Credit | Guidelines | QKNAVPGJ4PC-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Exception 1: Borrower DTI 52.83% exceeds guideline maximum DTI 50%.<br>Exception 2: Grossing up non-taxable income by standard FNMA Allowance of 125%.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 770 FICO exceeds the guideline requirement of 700.<br>LTV: 70.29% LTV is less than the guideline requirement of 80.00%. |  | QC Complete | 05/XX/2025 |  |  | 05/XX/2025 |
| 9759942924 | XX | XX |  | XX | California | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 2 | Credit | Credit | QKNAVPGJ4PC-UTM9VHCU | Resolved | 3 | R | \* Final Application Incomplete (Lvl R) | The final 1003 application is incomplete (sides have been partially cut off). Provide a copy that is legible.<br>Resolved 06/XX/2025 - Received legible final 1003, condition resolved. | Resolved 06/XX/2025 - Received legible final 1003, condition resolved. | Resolved 06/XX/2025 - Received legible final 1003, condition resolved. |  |  | QC Complete | 05/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9759942924 | XX | XX |  | XX | California | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 2 | Credit | Doc Issue | QKNAVPGJ4PC-2XRZ4V9U | Resolved | 3 | R | \* Note is missing or unexecuted (Lvl R) | Note document is incomplete (sides are cut off) .Provide a legible document.<br>Resolved 05/XX/2025 - Received note document, condition resolved. | Resolved 05/XX/2025 - Received note document, condition resolved. | Resolved 05/XX/2025 - Received note document, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9759942924 | XX | XX |  | XX | California | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 2 | Valuation | Value | QKNAVPGJ4PC-11KL34H8 | Resolved | 3 | R | \* Quality of Appraisal Report Unacceptable (Lvl R) | The appraisal dated 04/XX/2025 and valued at $xx is partially cut off. Provide a legible copy of the appraisal report.<br>Resolved 05/XX/2025 - Received legible copy of appraisal report, condition resolved. | Resolved 05/XX/2025 - Received legible copy of appraisal report, condition resolved. | Resolved 05/XX/2025 - Received legible copy of appraisal report, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9760088345 | XX | XX |  | XX | Georgia | 04/XX/2025 | Cash Out | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | KZY1BS1VW5Z-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.444% Allowed 8.200% Overby +0.244%<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9760306226 | XX | XX |  | XX | Washington | 05/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 1 | Credit | Doc Issue | 3LW43RXLPUH-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide a copy of the updated title supplement report. The current proposed Lender's title insurance coverage amount of $461,250 is insufficient to cover the loan amount of $XX<br>Resolved 05/XX/2025 - Received title supplement report, condition resolved. | Resolved 05/XX/2025 - Received title supplement report, condition resolved. | Resolved 05/XX/2025 - Received title supplement report, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9761774653 | XX | XX |  | XX | Michigan | 05/XX/2025 | Purchase | Non-QM/Compliant | 2 | 2 | Credit | Guidelines | F4RHECTJBRC-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | First 7 months of 12 months bank statements had a joint account holder vs no joint account holders permitted for 12 month smart Self loan.<br>A copy of an exception approval letter is available in the loan file. |  |  | DTI: 39.78% DTI is less than the maximum guideline requirement of 50.00%.<br>FICO: 739 FICO exceeds the guideline requirement of 700.<br>|  | QC Complete | 06/XX/2025 |  |  | 05/XX/2025 |
| 9761845735 | XX | XX |  | XX | New Jersey | 04/XX/2025 | Cash Out | Non-QM/Compliant | 4 | 2 | Credit | Guidelines | UMOMCCTHEBG-J587LE2V | Waived | 4 | W | \* Loan does not conform to program guidelines (Lvl W) | Cashout of $516,711.54 exceeds the guidelines for maximum cashout of $500,000.<br>Waived 05/XX/2025 - Received Exception letter, condition waived. |  |  | Reserves: The 94 months of available reserves are more than the guideline requirement of 6 months.<br>FICO: 748 FICO exceeds the guideline requirement of 680.<br>DTI: 37.58% DTI is less than the maximum guideline requirement of 50.00%. |  | QC Complete | 05/XX/2025 |  |  | 05/XX/2025 |
| 9762060672 | XX | XX |  | XX | Florida | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit |  | 4GDGRP1H1ZV-QSFFZZOT | Resolved | 3 | R | \* Hazard Insurance Coverage less than Loan Amount (Lvl R) | Dwelling coverage ($xx) is reflected on the hazard insurance policy and replacement cost on dwelling up to coverage an amount and 25% of coverage A (xx). However, the dwelling amount is not sufficient to cover the loan amount ($XX).<br>Resolved 06/XX/2025 - Received LOE for full replacement cost value $XX, condition resolved. | Resolved 06/XX/2025 - Received LOE for full replacement cost value $XX, condition resolved. | Resolved 06/XX/2025 - Received LOE for full replacement cost value $XX, condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9762269232 | XX | XX |  | XX | Texas | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 2 | Compliance | Compliance | THIZJQQQYT2-0O1J05XI | Cured | 3 | C | \* ComplianceEase TRID Tolerance Test Failed (Lvl C) | TRID violation due to credit report fee increase on Final CD dated 04/XX/2025.Initial LE dated 03/XX/2025 reflects credit report fee as $86.00 however, Final CD dated 04/XX/2025 reflects the credit report fee as $91.00.Require PCCD/COC to cure the tolerance violation of $5.00.<br>Cured 05/XX/2025: Received post Consummation closing disclosure dated 05/XX/2025 and exception is cured. | Cured 05/XX/2025: Received post Consummation closing disclosure dated 05/XX/2025 and exception is cured. | Cured 05/XX/2025: Received post Consummation closing disclosure dated 05/XX/2025 and exception is cured. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9763259885 | XX | XX |  | XX | North Carolina | 05/XX/2025 | Cash Out | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | ERX13M15RCY-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.031% Allowed 8.380% Overby +0.651%.<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9763977346 | XX | XX |  | XX | California | 04/XX/2025 | Purchase | Not Covered/Exempt | 3 | 2 | Credit | Doc Issue | XJR4MJZYR5C-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 04/XX/2025: Supplemental title report has been received. | Resolved 04/XX/2025: Supplemental title report has been received. | Resolved 04/XX/2025: Supplemental title report has been received. |  |  | QC Complete | 04/XX/2025 | 06/XX/2025 | 06/XX/2025 | 04/XX/2025 |
| 9763977346 | XX | XX |  | XX | California | 04/XX/2025 | Purchase | Not Covered/Exempt | 3 | 2 | Credit |  | XJR4MJZYR5C-4ZA4ZEZQ | Waived | 2 | W | \* DTI > 50% (Lvl W) | DTI exceeds more than 50%.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 768 FICO exceeds the guideline requirement of 660.<br>Reserves: The 37 months of available reserves are more than the guideline requirement of 15 months.<br>|  | QC Complete | 04/XX/2025 |  |  | 04/XX/2025 |
| 9764097763 | XX | XX |  | XX | Alabama | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Compliance | Compliance | 30L04ART1VV-FSGBNA1Z | Resolved | 3 | R | \* Missing Required Disclosures (Lvl R) | Missing Settlement Service Provider List.<br>Resolved 4/XX/2025: Received Settlement Service Provider List dated 03/XX/2025 and exception is cleared. | Resolved 4/XX/2025: Received Settlement Service Provider List dated 03/XX/2025 and exception is cleared. | Resolved 4/XX/2025: Received Settlement Service Provider List dated 03/XX/2025 and exception is cleared. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9765766960 | XX | XX |  | XX | Florida | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 2 | Compliance | Compliance | WPVWNWTSR3H-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.368% Allowed 8.310% Overby +0.058%.<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9765766960 | XX | XX |  | XX | Florida | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 2 | Credit | Guidelines | WPVWNWTSR3H-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Requesting exception to use 100% of business assets instead of 75% (XX)<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 703 FICO exceeds the guideline requirement of 660.<br>DTI: 20.97% DTI is less than the maximum guideline requirement of 43.00%.<br>Reserves: The 6 months of available reserves are more than the guideline requirement of 3 months.<br>|  | QC Complete | 05/XX/2025 |  |  | 05/XX/2025 |
| 9765766960 | XX | XX |  | XX | Florida | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 2 | Credit | Credit | WPVWNWTSR3H-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Missing CPA letter.<br>Resolved 05/XX/2025 - Received CPA Letter, condition resolved. | Resolved 05/XX/2025 - Received CPA Letter, condition resolved. | Resolved 05/XX/2025 - Received CPA Letter, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9767698518 | XX | XX |  | XX | Nevada | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Compliance | Compliance | 5O1RZM5HDYI-IJH0N5PE | Resolved | 3 | R | \* ComplianceEase TRID Tolerance Test is Incomplete (Lvl R) | Missing Initial Closing Disclosure.<br>Resolved 04/XX/2025: Received Initial Closing Disclosure dated 04/XX/2025 and exception is cleared. | Resolved 04/XX/2025: Received Initial Closing Disclosure dated 04/XX/2025 and exception is cleared. | Resolved 04/XX/2025: Received Initial Closing Disclosure dated 04/XX/2025 and exception is cleared. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9767903561 | XX | XX |  | XX | Massachusetts | 04/XX/2025 | Cash Out | Non-QM/Compliant | 4 | 1 | Credit | Guidelines | YIF3AAGDMKH-J587LE2V | Resolved | 4 | R | \* Loan does not conform to program guidelines (Lvl R) | The loan exceeds the allowable threshold of six NSF events within a 12-month period, with a total of 10 NSF events recorded over the past year.<br>Resolved 05/XX/2025 - Received LOE for allowing the 10 NSF accounts with updated guideline 04/XX/2025, Condition Resolved. | Resolved 05/XX/2025 - Received LOE for allowing the 10 NSF accounts with updated guideline 04/XX/2025, Condition Resolved. | Resolved 05/XX/2025 - Received LOE for allowing the 10 NSF accounts with updated guideline 04/XX/2025, Condition Resolved. |  |  | QC Complete | 04/XX/2025 | 05/XX/2025 | 05/XX/2025 | 04/XX/2025 |
| 9768783038 | XX | XX |  | XX | Maryland | 05/XX/2025 | Purchase | Non-QM/Compliant | 2 | 2 | Credit | Guidelines | 0PFBGKR4OCI-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | FTHB living rent free over 12 months. <br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 781 FICO exceeds the guideline requirement of 660.<br>DTI: 22.51% DTI is less than the maximum guideline requirement of 50.00%. |  | QC Complete | 06/XX/2025 |  |  | 05/XX/2025 |
| 9768878218 | XX | XX |  | XX | Oregon | 05/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | DHAM2MZC3ZL-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | (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.<br>Higher-Priced Mortgage Loan Test: Charged 9.933% Allowed 9.300% Overby+0.633%.<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 |
| 9768996911 | XX | XX |  | XX | Arizona | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 2 | Credit | Guidelines | FKM3OOZABQA-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Borrowers individually own 20% of the business being used to qualify for a combined 40%. Allowing use of SELF product along with 75% of business assets.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 782 FICO exceeds the guideline requirement of 700.<br>DTI: 23.28% DTI is less than the maximum guideline requirement of 50.00%. |  | QC Complete | 04/XX/2025 |  |  | 04/XX/2025 |
| 9768996911 | XX | XX |  | XX | Arizona | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 2 | Credit | Income | FKM3OOZABQA-L3KXO96W | Resolved | 3 | R | \* Reverification within 10 days is missing (Lvl R) | Missing verbal verification of employment within 10 business days from closing date.<br>Resolved 04/XX/2025 - Received VVOE for borrower, condition resolved. | Resolved 04/XX/2025 - Received VVOE for borrower, condition resolved. | Resolved 04/XX/2025 - Received VVOE for borrower, condition resolved. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9771216810 | XX | XX |  | XX | Washington | 04/XX/2025 | Cash Out | Non-QM/Compliant | 4 | 1 | Credit | Guidelines | U0VBU0ON3J1-J587LE2V | Resolved | 4 | R | \* Loan does not conform to program guidelines (Lvl R) | Cash out of $1,470,482.96 with LTV 52.26% does not meet the guideline of maximum cash-out of $750,000.00 for LTV less than 60%.<br>Resolved 04/XX/2025 - Received client response as this is delayed financing loan. | Resolved 04/XX/2025 - Received client response as this is delayed financing loan. | Resolved 04/XX/2025 - Received client response as this is delayed financing loan. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 04/XX/2025 |
| 9771269223 | XX | XX |  | XX | Georgia | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Compliance | Doc Issue | FPIJXEK5I1W-2VXD5FWR | Resolved | 3 | R | \* Initial Escrow Acct Disclosure missing; loan has escrows (Lvl R) | Missing Initial Escrow Account Disclosure.<br>Resolved 05/XX/2025: Received Initial Escrow Account Disclosure dated 04/XX/2025 and exception is cleared. | Resolved 05/XX/2025: Received Initial Escrow Account Disclosure dated 04/XX/2025 and exception is cleared. | Resolved 05/XX/2025: Received Initial Escrow Account Disclosure dated 04/XX/2025 and exception is cleared. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9771609857 | XX | XX |  | XX | Washington | 05/XX/2025 | Cash Out | Non-QM/Compliant | 2 | 2 | Credit | Guidelines | 2NZSX4FIAOR-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Cashout of $915,323.17 does not meet the guideline for maximum cashout of $750,000.00.<br>A copy of an exception approval letter is available in the loan file. |  |  | Reserves: The 159 months of available reserves are more than the guideline requirement of 9 months.<br>LTV: 32.05% LTV is less than the guideline requirement of 85.00%.<br>FICO: 738 FICO exceeds the guideline requirement of 700. |  | QC Complete | 05/XX/2025 |  |  | 05/XX/2025 |
| 9771744217 | XX | XX |  | XX | Florida | 04/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | 5QCMBLKX0CF-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | The $488,000 coverage amount on the title report is less than the mortgage loan amount of $XX<br>Resolved 05/XX/2025 - Received title insured amount, condition resolved. | Resolved 05/XX/2025 - Received title insured amount, condition resolved. | Resolved 05/XX/2025 - Received title insured amount, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9771744217 | XX | XX |  | XX | Florida | 04/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Credit | Credit | 5QCMBLKX0CF-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide a copy of CPA letter showing 100% ownership of borrower XX and the business XX<br>Resolved 05/XX/2025- Received client response as both borrower holds 50% each, condition resolved. | Resolved 05/XX/2025- Received client response as both borrower holds 50% each, condition resolved. | Resolved 05/XX/2025- Received client response as both borrower holds 50% each, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9772000619 | XX | XX |  | XX | Mississippi | 05/XX/2025 | Refinance | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | T2Z4FHRJKEV-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.569% Allowed 8.380% Overby +0.189%<br>This loan is compliant with regulation 1026.35 | This loan is compliant with regulation 1026.35 | This loan is compliant with regulation 1026.35 |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9772304912 | XX | XX |  | XX | New York | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | SPEA20JKATZ-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.152% Allowed 8.150% Overby +0.002%<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9772304912 | XX | XX |  | XX | New York | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Credit | Credit | SPEA20JKATZ-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Missing condo questionnaire.<br>Resolved 04/XX/2025 - Received LOE from client " 2-4 Unit projects do not require a condo questionnaire" , Condition resolved. | Resolved 04/XX/2025 - Received LOE from client " 2-4 Unit projects do not require a condo questionnaire" , Condition resolved. | Resolved 04/XX/2025 - Received LOE from client " 2-4 Unit projects do not require a condo questionnaire" , Condition resolved. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9772756152 | XX | XX |  | XX | Florida | 05/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Doc Issue | N22T2PGT0XO-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | The $119,000 coverage amount on the title report is less than the mortgage loan amount of $XX".<br>06/XX/2025: The copy of title commitment resolves the condition. | 06/XX/2025: The copy of title commitment resolves the condition. | 06/XX/2025: The copy of title commitment resolves the condition. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9773846747 | XX | XX |  | XX | Florida | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | 55GBV02WXGU-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Allowed 8.650% Charged 8.150% Overby +0.500%.<br>This loan is compliant with regulation 1026.35 | This loan is compliant with regulation 1026.35 | This loan is compliant with regulation 1026.35 |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9776087604 | XX | XX |  | XX | Oregon | 04/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 1 | Credit | Credit | QADHDBIOWTD-J9U91B37 | Resolved | 3 | R | \* LOE (Lvl R) | Provide a copy of Mortgage statement, Tax and insurance for the propertyXX or provide proof of payoff.<br>Resolved 05/XX/2025 - Received Final CD & note document for tax & Insurance, condition resolved. | Resolved 05/XX/2025 - Received Final CD & note document for tax & Insurance, condition resolved. | Resolved 05/XX/2025 - Received Final CD & note document for tax & Insurance, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9776087604 | XX | XX |  | XX | Oregon | 04/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 1 | Credit | Credit | QADHDBIOWTD-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide business bank statement(ZZ) to calculate the co-borrower (XX) income as they are missing.<br>Resolved 05/XX/2025 - Received business bank statement, condition resolved. | Resolved 05/XX/2025 - Received business bank statement, condition resolved. | Resolved 05/XX/2025 - Received business bank statement, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9776087604 | XX | XX |  | XX | Oregon | 04/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 1 | Credit | Doc Issue | QADHDBIOWTD-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Title report shows coverage of $xx, which is less than the loan amount of $XX. Provide a title supplement or an updated title report reflecting title insurance coverage that is equal to or greater than the loan amount.<br>Resolved 05/XX/2025 - Received title insured amount, condition resolved. | Resolved 05/XX/2025 - Received title insured amount, condition resolved. | Resolved 05/XX/2025 - Received title insured amount, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9776087604 | XX | XX |  | XX | Oregon | 04/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 1 | Credit | Credit | QADHDBIOWTD-UTM9VHCU | Resolved | 3 | R | \* Final Application Incomplete (Lvl R) | The REO section on the final 1003 reflects the subject property located at XX as a primary residence. However, the loan purpose is a refinance of an investment property. Provide update the occupancy status on the final 1003 to correctly reflect the subject property as non-owner occupied/investment.<br>Resolved 05/XX/2025 - Received corrected final 1003, condition resolved. | Resolved 05/XX/2025 - Received corrected final 1003, condition resolved. | Resolved 05/XX/2025 - Received corrected final 1003, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9776087604 | XX | XX |  | XX | Oregon | 04/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 1 | Credit | Credit | QADHDBIOWTD-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide lease agreement or schedule E (page #1) to validate the rental income for the below properties.<br>XX<br>Resolved 05/XX/2025 - Received Lease agreement , condition resolved. | Resolved 05/XX/2025 - Received Lease agreement , condition resolved. | Resolved 05/XX/2025 - Received Lease agreement , condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9776599186 | XX | XX |  | XX | Texas | 05/XX/2025 | Refinance | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | JFQX5HGFNBR-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | The Title Commitment reflects a title insurance coverage amount of $250,000.00, which is less than the loan amount of $XX0. Provide an updated Title Commitment or Title Supplement with coverage that meets or exceeds the full loan amount.<br>Resolved 05/XX/2025 - Received Title insured amount, condition resolved. | Resolved 05/XX/2025 - Received Title insured amount, condition resolved. | Resolved 05/XX/2025 - Received Title insured amount, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9776599186 | XX | XX |  | XX | Texas | 05/XX/2025 | Refinance | Non-QM/Compliant | 3 | 1 | Credit | Credit | JFQX5HGFNBR-UTM9VHCU | Resolved | 3 | R | \* Final Application Incomplete (Lvl R) | Final 1003 Corrections Required: 1. The borrower's current address listed on the Final 1003 is 1xx while the primary residence is xx. need to update current address section to reflect the correct primary residence. 2. The borrower is employed by xx, but the current employment section indicates self-employment. Provide final 1003 to update the employment section to reflect the correct employer.<br>Resolved 05/XX/2025 - Received Corrected final 1003, condition resolved. | Resolved 05/XX/2025 - Received Corrected final 1003, condition resolved. | Resolved 05/XX/2025 - Received Corrected final 1003, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9776599186 | XX | XX |  | XX | Texas | 05/XX/2025 | Refinance | Non-QM/Compliant | 3 | 1 | Credit | Credit | JFQX5HGFNBR-QIOS6HNF | Resolved | 3 | R | \* No HOA fees on appraisal and property identified as a PUD (Lvl R) | The subject property is a PUD, but the appraisal reflects an HOA fee of $0. Additionally, the occupancy is not marked as Owner-Occupied. Provide an updated appraisal that includes the correct HOA fee and reflects the property as Owner-Occupied.<br>Resolved 05/XX/2025 - Received appraisal report with updated HOA fee $250, condition resolved. | Resolved 05/XX/2025 - Received appraisal report with updated HOA fee $250, condition resolved. | Resolved 05/XX/2025 - Received appraisal report with updated HOA fee $250, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9776984446 | XX | XX |  | XX | Florida | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | ABSRARH1150-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide a copy of supporting document to verify "other of $450.50" as it is missing.<br>Resolved 06/XX/2025 - Received HOA Assessment document, condition resolved. | Resolved 06/XX/2025 - Received HOA Assessment document, condition resolved. | Resolved 06/XX/2025 - Received HOA Assessment document, condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9777319691 | XX | XX |  | XX | Texas | 05/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | UVRGDKBQI0T-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.205% Allowed 8.380% Overby +0.825%<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9778734153 | XX | XX |  | XX | North Carolina | 05/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | 212ITJLRCCV-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.167% Allowed 8.370% Overby +0.797%.<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 |
| 9781948865 | XX | XX |  | XX | Florida | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Compliance | Compliance | OJTZIYPKUHD-FSGBNA1Z | Resolved | 3 | R | \* Missing Required Disclosures (Lvl R) | Missing Settlement Service Provider List.<br>Resolved 05/XX/2025: Received Settlement Service Provider List dated 03/XX/2025 and exception is cleared. | Resolved 05/XX/2025: Received Settlement Service Provider List dated 03/XX/2025 and exception is cleared. | Resolved 05/XX/2025: Received Settlement Service Provider List dated 03/XX/2025 and exception is cleared. |  |  | QC Complete | 04/XX/2025 | 05/XX/2025 | 05/XX/2025 | 04/XX/2025 |
| 9782091210 | XX | XX |  | XX | Tennessee | 05/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | OPRKV4VCT2L-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.691% Allowed 8.120% Overby +0.571%<br>This loan is compliant with regulation 1026.35 | This loan is compliant with regulation 1026.35 | This loan is compliant with regulation 1026.35 |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9782095591 | XX | XX |  | XX | Florida | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | 2UI1V0S1CY5-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.455% Allowed 8.150% Overby +0.305%<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9782156179 | XX | XX |  | XX | Colorado | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 2 | Credit | Credit | V4INU3OTAMO-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Hazard Insurance reflecting incorrect subject address.Provide hazard insurance and replacement cost estimator for property address xx<br>Resolved 05/XX/2025 - Received hazard insurance documents with correct subject property address ,condition resolved. | Resolved 05/XX/2025 - Received hazard insurance documents with correct subject property address ,condition resolved. | Resolved 05/XX/2025 - Received hazard insurance documents with correct subject property address ,condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 |
| 9782156179 | XX | XX |  | XX | Colorado | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 2 | Credit | Credit | V4INU3OTAMO-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | As per loan file Assets are not sufficient to covers the reserves requirement, available assets is $172,858.48 & Cash from borrower is $111,638.36. Remaining assets is $61,220.12 and reserves required $88,345.68. Hence asset are short by $27,125.56 . Provide additional asset to fulfill reserve requirement.<br>Resolved 5/XX/2025 - Received client response to cover the reserves amount with 6 months reserves requirement, condition resolved | Resolved 5/XX/2025 - Received client response to cover the reserves amount with 6 months reserves requirement, condition resolved | Resolved 5/XX/2025 - Received client response to cover the reserves amount with 6 months reserves requirement, condition resolved |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 04/XX/2025 |
| 9782156179 | XX | XX |  | XX | Colorado | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 2 | Credit | Guidelines | V4INU3OTAMO-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | XX acres exceeds max allowable of 20 acres.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 761 FICO exceeds the guideline requirement of 720.<br>LTV: 85.00% LTV is less than the guideline requirement of 90.00%. |  | QC Complete | 06/XX/2025 |  |  | 04/XX/2025 |
| 9783206577 | XX | XX |  | XX | Ohio | 05/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | 0ODNSOOCHM2-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.417% Allowed 8.200% Overby +0.217%<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9783621247 | XX | XX |  | XX | Washington | 05/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 2 | Credit | Credit Report & History | JZG52OW4OJX-EIIIVERL | Resolved | 3 | R | \* Additional Address on Credit Report (Lvl R) | Provide a copy of letter of explanation of additional address reflecting on credit report last 24 months.(xx<br>Resolved 06/XX/2025 - Received LOX as additional address is not mandatory required, condition resolved. | Resolved 06/XX/2025 - Received LOX as additional address is not mandatory required, condition resolved. | Resolved 06/XX/2025 - Received LOX as additional address is not mandatory required, condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 |
| 9783621247 | XX | XX |  | XX | Washington | 05/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 2 | Credit | Guidelines | JZG52OW4OJX-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | There should not be more than six NSF in any 12-month period, The loan has 31 NSF events in the last 12 months, which is unacceptable.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 687 FICO exceeds the guideline requirement of 660.<br>LTV: 63.80% LTV is less than the guideline requirement of 75.00%.<br>DTI: 23.65% DTI is less than the maximum guideline requirement of 50.00%. |  | QC Complete | 06/XX/2025 |  |  | 05/XX/2025 |
| 9784032089 | XX | XX |  | XX | Florida | 04/XX/2025 | Cash Out | Non-QM/Compliant | 4 | 2 | Compliance | Compliance | HYKGWYAVB1M-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.467% Allowed 8.200% Overby +0.267%.<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9784032089 | XX | XX |  | XX | Florida | 04/XX/2025 | Cash Out | Non-QM/Compliant | 4 | 2 | Valuation | Doc Issue | HYKGWYAVB1M-JPQK8SU9 | Resolved | 3 | R | \* Missing Appraisal (Lvl R) | Missing appraisal report.<br>Resolved 05/XX/2025 - Received appraisal report, condition resolved. | Resolved 05/XX/2025 - Received appraisal report, condition resolved. | Resolved 05/XX/2025 - Received appraisal report, condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9784032089 | XX | XX |  | XX | Florida | 04/XX/2025 | Cash Out | Non-QM/Compliant | 4 | 2 | Credit | Guidelines | HYKGWYAVB1M-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Requesting exception to use Non-traditional credit on a cash out refinance<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 735 FICO exceeds the guideline requirement of 700.<br>Reserves: The 104 months of available reserves are more than the guideline requirement of 6 months. |  | QC Complete | 06/XX/2025 |  |  | 05/XX/2025 |
| 9784266638 | XX | XX |  | XX | California | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 2 | Credit | Credit | 13CVDVGWHBY-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide access letter from XX to use the funds of XX.<br>Resolved 05/XX/2025- Received Access letter from borrower, condition resolved. | Resolved 05/XX/2025- Received Access letter from borrower, condition resolved. | Resolved 05/XX/2025- Received Access letter from borrower, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9784266638 | XX | XX |  | XX | California | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 2 | Credit | DTI | 13CVDVGWHBY-WIDJCXO6 | Waived | 2 | W | \* Debt Ratio Exception 5% or Less (Lvl W) | The borrower's debt-to-income (DTI) ratio is 52.06%, which exceeds the maximum allowable limit of 50% per program guidelines.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 776 FICO exceeds the guideline requirement of 720.<br>LTV: 80.00% LTV is less than the guideline requirement of 85.00%. |  | QC Complete | 05/XX/2025 |  |  | 05/XX/2025 |
| 9784557754 | XX | XX |  | XX | Arizona | 05/XX/2025 | Cash Out | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | E4VFOTQUIZD-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.806% Allowed 8.240% Overby +0.566%.<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9788354406 | XX | XX |  | XX | Oregon | 04/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Credit | Credit | C4001ZVFHAA-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide a copy of Mortgage statement for the property address xx<br>Resolved 05/XX/2025 - Received final CD and Note document of property address, condition resolved. | Resolved 05/XX/2025 - Received final CD and Note document of property address, condition resolved. | Resolved 05/XX/2025 - Received final CD and Note document of property address, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9788470442 | XX | XX |  | XX | California | 04/XX/2025 | Refinance | Non-QM/Compliant | 2 | 2 | Credit | Guidelines | X540BTHC4VA-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Exception to allow personal bank statements to qualify without adding other joint account owner and other owner of business to loan.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 738 FICO exceeds the guideline requirement of 660.<br>LTV: 42.81% LTV is less than the guideline requirement of 85.00%.<br>|  | QC Complete | 06/XX/2025 |  |  | 04/XX/2025 |
| 9789142974 | XX | XX |  | XX | South Carolina | 05/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 1 | Valuation | Doc Issue | 5VEQEP5NQEB-YXK20TJA | Resolved | 3 | R | \* Subject or Comp Photos are missing or illegible (Lvl R) | Please provide an updated copy of the appraisal report along with color photographs of the subject property and comparables. The submitted appraisal contains black and white photos, which are not acceptable.<br>Resolved on 05/XX/2025 - Received appraisal report with color photos of the subject and comparables , condition resolved. | Resolved on 05/XX/2025 - Received appraisal report with color photos of the subject and comparables , condition resolved. | Resolved on 05/XX/2025 - Received appraisal report with color photos of the subject and comparables , condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9789299964 | XX | XX |  | XX | Pennsylvania | 05/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | B0DNUWSWY1E-UDN50XOG | Resolved | 3 | R | \* Borrower Identity Missing (Lvl R) | Provide a copy legible B1's (XX) and B2's (XX driving licenses.<br>Resolved 06/XX/2025 - Received Gov id for both borrowers, condition resolved. | Resolved 06/XX/2025 - Received Gov id for both borrowers, condition resolved. | Resolved 06/XX/2025 - Received Gov id for both borrowers, condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9789581734 | XX | XX |  | XX | Florida | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Compliance | Compliance | 44EPFQBHQRS-0O1J05XI | Resolved | 3 | R | \* ComplianceEase TRID Tolerance Test Failed (Lvl R) | TRID violation due to Appraisal Fee increase on Final CD dated 05/XX/2025. Initial LE dated 03/XX/2025 reflects Appraisal Fee as $525.00 however, Final CD dated 05/XX/2025 reflects the Appraisal Fee as $560.00. Require PCCD/COC to cure the tolerance violation of $35.00.<br>Resolved 06/XX/2025: Received COC document dated 4/XX/2025 and exception is cleared. | Resolved 06/XX/2025: Received COC document dated 4/XX/2025 and exception is cleared. | Resolved 06/XX/2025: Received COC document dated 4/XX/2025 and exception is cleared. |  |  | QC Complete | 05/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9789581734 | XX | XX |  | XX | Florida | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Other Disclosures | 44EPFQBHQRS-ZXHR0C1D | Resolved | 3 | R | \* Missing Required Disclosures (Lvl R) | Provide a copy of Verification of rent, property address is xx<br>Resolved 05/XX/2025 - Received LOE stating that borrower is not having a rent history for 2 year, condition resolved. | Resolved 05/XX/2025 - Received LOE stating that borrower is not having a rent history for 2 year, condition resolved. | Resolved 05/XX/2025 - Received LOE stating that borrower is not having a rent history for 2 year, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9789788420 | XX | XX |  | XX | Louisiana | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | JHDPN2UAI2Z-UDN50XOG | Resolved | 3 | R | \* Borrower Identity Missing (Lvl R) | Submit a clear and legible copy of the borrower's (xx) driver's license or another acceptable form of identification. The currently available document is unclear and not legible.<br>Resolved 05/XX/2025 - Received legible Gov ID document, condition resolved. | Resolved 05/XX/2025 - Received legible Gov ID document, condition resolved. | Resolved 05/XX/2025 - Received legible Gov ID document, condition resolved. |  |  | QC Complete | 04/XX/2025 | 05/XX/2025 | 05/XX/2025 | 04/XX/2025 |
| 9790185087 | XX | XX |  | XX | Maine | 03/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Credit | Credit | DERBWQ20LEL-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Borrower current address is xx. Real Estate section reflecting primary residence as xx Provide an Letter of explanation.<br>Resolved 04/XX/2025 - Received LOE from the borrower as " l currently live at xx- Living rent. ", condition resolved. | Resolved 04/XX/2025 - Received LOE from the borrower as " l currently live at XX- Living rent. ", condition resolved. | Resolved 04/XX/2025 - Received LOE from the borrower as " l currently live at XX- Living rent. ", condition resolved. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9791947550 | XX | XX |  | XX | Georgia | 03/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Compliance | Compliance | P3VGNKAYQG4-L2NRUFUV | Resolved | 3 | R | \* Intent to Proceed Missing (Lvl R) | Missing Intent to Proceed.<br>Resolved 04/XX/2025: Received Intent to Proceed and exception is cleared. | Resolved 04/XX/2025: Received Intent to Proceed and exception is cleared. | Resolved 04/XX/2025: Received Intent to Proceed and exception is cleared. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9792712946 | XX | XX |  | XX | Florida | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | 4ZPCGGLMCIO-4DQ1N9RK | Resolved | 3 | R | \* Letter of explanation needed for the file (Lvl R) | The loan amount stated on the LOE is $XX, which does not match the actual subject loan amount of $XX. An updated LOE reflecting the correct loan amount was not found in the file.<br>Resolved 06/XX/2025 - Received LOE document, condition resolved. | Resolved 06/XX/2025 - Received LOE document, condition resolved. | Resolved 06/XX/2025 - Received LOE document, condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9792712946 | XX | XX |  | XX | Florida | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | 4ZPCGGLMCIO-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide a letter of explanation for the borrower's family size and The non-QM residual income calculator must be completed.<br>Resolved 06/XX/2025 - Received client response as the family size is 2 and no dependant, condition resolved. | Resolved 06/XX/2025 - Received client response as the family size is 2 and no dependant, condition resolved. | Resolved 06/XX/2025 - Received client response as the family size is 2 and no dependant, condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9792712946 | XX | XX |  | XX | Florida | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | TIL | 4ZPCGGLMCIO-9OPA4U12 | Resolved | 3 | R | \* Missing Closing Protection Letter (Lvl R) | The Closing Protection Letter (CPL) lists an incorrect lender loss payee address for XX.<br>Resolved 06/XX/2025 - Resolved condition that lender provided the CPL document with updated address, condition resolved. | Resolved 06/XX/2025 - Resolved condition that lender provided the CPL document with updated address, condition resolved. | Resolved 06/XX/2025 - Resolved condition that lender provided the CPL document with updated address, condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9792712946 | XX | XX |  | XX | Florida | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | 4ZPCGGLMCIO-J9U91B37 | Resolved | 3 | R | \* LOE (Lvl R) | Letter of Explanation (LOE pg#959) discloses a new credit account with XX stated that "a 12-month 0% interest installment plan with monthly payments of $639.42 and a current balance of $7,673.00." However, the account information in the LOE does not match the figures reflected in the final loan application (Form 1003, pg#1095), system data and loan approval documents.<br>Resolved 06/XX/2025 - Received LOX as the inquiry letter is only for choosing the order in pay and actual minimum monthly payment is $217.00, condition resolved. | Resolved 06/XX/2025 - Received LOX as the inquiry letter is only for choosing the order in pay and actual minimum monthly payment is $217.00, condition resolved | Resolved 06/XX/2025 - Received LOX as the inquiry letter is only for choosing the order in pay and actual minimum monthly payment is $217.00, condition resolved |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9792712946 | XX | XX |  | XX | Florida | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Valuation | Doc Issue | 4ZPCGGLMCIO-WMO0OGAE | Resolved | 3 | R | \* Appraisal incomplete (missing map, layout, pages, etc) (Lvl R) | The copy of the Appraiser's Errors and omissions (E&O) policy disclosed/included in the final appraisal report is EXPIRED as of 6/XX/2024.<br>Resolved 06/XX/2025 - Received E&O Policy, condition resolved. | Resolved 06/XX/2025 - Received E&O Policy, condition resolved. | Resolved 06/XX/2025 - Received E&O Policy, condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9793369480 | XX | XX |  | XX | California | 04/XX/2025 | Refinance | Non-QM/Compliant | 3 | 2 | Credit | Guidelines | KFYXDN0SANN-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Waive reserve requirement on rate term refinance.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 714 FICO exceeds the guideline requirement of 660.<br>DTI: 43.87% DTI is less than the maximum guideline requirement of 50.00%. |  | QC Complete | 06/XX/2025 |  |  | 04/XX/2025 |
| 9793369480 | XX | XX |  | XX | California | 04/XX/2025 | Refinance | Non-QM/Compliant | 3 | 2 | Compliance | Compliance | KFYXDN0SANN-FSGBNA1Z | Resolved | 3 | R | \* Missing Required Disclosures (Lvl R) | Missing Settlement Service Provider List.<br>Resolved 05/XX/2025: Received Settlement Service Provider List dated 03/XX/2025 and exception is cleared. | Resolved 05/XX/2025: Received Settlement Service Provider List dated 03/XX/2025 and exception is cleared. | Resolved 05/XX/2025: Received Settlement Service Provider List dated 03/XX/2025 and exception is cleared. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 04/XX/2025 |
| 9793677858 | XX | XX |  | XX | Missouri | 05/XX/2025 | Purchase | Non-QM/Compliant | 4 | 2 | Credit | Guidelines | DXYFDENN3IA-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | NSF event of 15 exceed the guideline requirement of maximum six NSF event in the any 12-month period.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 675 FICO exceeds the guideline requirement of 660.<br>DTI: 16.95% DTI is less than the maximum guideline requirement of 50.00%.<br>LTV: 80.00% LTV is less than the guideline requirement of 85.00%. |  | QC Complete | 06/XX/2025 |  |  | 05/XX/2025 |
| 9793677858 | XX | XX |  | XX | Missouri | 05/XX/2025 | Purchase | Non-QM/Compliant | 4 | 2 | Compliance | Compliance | DXYFDENN3IA-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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<br>Higher-Priced Mortgage Loan Test: Charged 8.962% Allowed 8.370% Overby +0.592%<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9794074790 | XX | XX |  | XX | Louisiana | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | RN0R5YTRPF1-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.705% Allowed 8.200% Overby +0.505%.<br>This loan is compliant with regulation 1026.35 | This loan is compliant with regulation 1026.35 | This loan is compliant with regulation 1026.35 |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9794074790 | XX | XX |  | XX | Louisiana | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Credit | Credit | RN0R5YTRPF1-UDN50XOG | Resolved | 3 | R | \* Borrower Identity Missing (Lvl R) | Missing borrower identification proof.<br>Resolved 05/XX/2025 - Received borrower gov ID, condition resolved. | Resolved 05/XX/2025 - Received borrower gov ID, condition resolved. | Resolved 05/XX/2025 - Received borrower gov ID, condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9794074790 | XX | XX |  | XX | Louisiana | 04/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | RN0R5YTRPF1-FELD93E2 | Resolved | 3 | R | \* Missing Required Disclosures (Lvl R) | Missing Settlement Service Provider list.<br>Resolved 05/XX/2025: Received Settlement Service Provider List dated 03/XX/2025 and exception is cleared. | Resolved 05/XX/2025: Received Settlement Service Provider List dated 03/XX/2025 and exception is cleared. | Resolved 05/XX/2025: Received Settlement Service Provider List dated 03/XX/2025 and exception is cleared. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 05/XX/2025 |
| 9794305046 | XX | XX |  | XX | Maryland | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | IM1ZESGXZEC-UDN50XOG | Resolved | 3 | R | \* Borrower Identity Missing (Lvl R) | Provide a copy of legible identity proof for borrowers XX<br>Resolved 04/XX/025 - Received borrower ID, condition resolved. | Resolved 04/XX/025 - Received borrower ID, condition resolved. | Resolved 04/XX/025 - Received borrower ID, condition resolved. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9795093997 | XX | XX |  | XX | Ohio | 04/XX/2025 | Cash Out | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | FJDZCYLZSJC-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.353% Allowed 8.150% +Overby 0.203%<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9795376350 | XX | XX |  | XX | Utah | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | SAWDWOA3DOC-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Missing Letter of explanation from the borrower certifying their intent to liquidate the assets in order to pay current expenses.<br>Resolved 06/XX/2025 - Received LOX from client for current address, condition resolved. | Resolved 06/XX/2025 - Received LOX from client for current address, condition resolved. | Resolved 06/XX/2025 - Received LOX from client for current address, condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 |
| 9795963561 | XX | XX |  | XX | California | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | MXDJMO1UR2L-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide a copy of title supplemental report to cover the loan amount $XX<br>Resolved 06/XX/2025 - Received supplement report, condition resolved. | Resolved 06/XX/2025 - Received supplement report, condition resolved. | Resolved 06/XX/2025 - Received supplement report, condition resolved. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 |
| 9795963561 | XX | XX |  | XX | California | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Compliance | Compliance | MXDJMO1UR2L-L2NRUFUV | Resolved | 3 | R | \* Intent to Proceed Missing (Lvl R) | Missing Intent to Proceed.<br>Resolved 6/XX/2025: Received Intent to proceed and exception is cleared. | Resolved 6/XX/2025: Received Intent to proceed and exception is cleared. | Resolved 6/XX/2025: Received Intent to proceed and exception is cleared. |  |  | QC Complete | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 | 06/XX/2025 |
| 9796096726 | XX | XX |  | XX | Colorado | 05/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | DC31GOB5UCT-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 2 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.299% Allowed 8.200% Overby +0.099%<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9796173160 | XX | XX |  | XX | New Jersey | 05/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | UWQEYMNY51R-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Missing copy of Borrowers photo ID.<br>Resolved 05/XX/2025 - Received Gov ID, condition Resolved. | Resolved 05/XX/2025 - Received Gov ID, condition Resolved. | Resolved 05/XX/2025 - Received Gov ID, condition Resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9797260586 | XX | XX |  | XX | New Jersey | 04/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | 0XVOOKYVIBH-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Missing Bank statement for TXX dated from Feb 01, 2024, to Feb 29, 2024.<br>Resolved 04/XX/2025 - Received Bank statement for Feb month, condition resolved. | Resolved 04/XX/2025 - Received Bank statement for Feb month, condition resolved. | Resolved 04/XX/2025 - Received Bank statement for Feb month, condition resolved. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9798010733 | XX | XX |  | XX | California | 05/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | UKJM4S5KSGO-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 05/XX/2025 - Received title supplement report, condition resolved. | Resolved 05/XX/2025 - Received title supplement report, condition resolved. | Resolved 05/XX/2025 - Received title supplement report, condition resolved. |  |  | QC Complete | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 | 05/XX/2025 |
| 9798156999 | XX | XX |  | XX | California | 04/XX/2025 | Refinance | Not Covered/Exempt | 3 | 1 | Credit | Doc Issue | LAQJBTFF0GF-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 05/XX/2025 - Received title insured amount, condition resolved. | Resolved 05/XX/2025 - Received title insured amount, condition resolved. | Resolved 05/XX/2025 - Received title insured amount, condition resolved. |  |  | QC Complete | 04/XX/2025 | 05/XX/2025 | 05/XX/2025 | 04/XX/2025 |
| 9798156999 | XX | XX |  | XX | California | 04/XX/2025 | Refinance | Not Covered/Exempt | 3 | 1 | Credit | Credit | LAQJBTFF0GF-J9U91B37 | Resolved | 3 | R | \* LOE (Lvl R) | Purpose of loan is refinance of investment property. However, appraisal report reflecting occupant as owner. Provide an letter of explanation.<br>Resolved 05/XX/2025 - Received LOE for borrower occupied, condition resolved. | Resolved 05/XX/2025 - Received LOE for borrower occupied, condition resolved. | Resolved 05/XX/2025 - Received LOE for borrower occupied, condition resolved. |  |  | QC Complete | 04/XX/2025 | 05/XX/2025 | 05/XX/2025 | 04/XX/2025 |
| 9798626991 | XX | XX |  | XX | Utah | 04/XX/2025 | Refinance | Non-QM/Compliant | 3 | 1 | Compliance | Compliance | HY2HNV20UHE-FSGBNA1Z | Resolved | 3 | R | \* Missing Required Disclosures (Lvl R) | Missing Settlement Service Provider List.<br>Resolved 4/XX/2025: Received Settlement Service Provider List dated 3/XX/2025 and exception is cleared. | Resolved 4/XX/2025: Received Settlement Service Provider List dated 3/XX/2025 and exception is cleared. | Resolved 4/XX/2025: Received Settlement Service Provider List dated 3/XX/2025 and exception is cleared. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9798626991 | XX | XX |  | XX | Utah | 04/XX/2025 | Refinance | Non-QM/Compliant | 3 | 1 | Credit | Credit | HY2HNV20UHE-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide bank statements for Months: Mar, Apr, May, June, July, Aug, Sep, Oct, Nov, Dec of 2024 and Jan, Feb of 2025 as the statements are missing.<br>Resolved 04/XX/2025 - Received all months of bank statement, condition resolved. | Resolved 04/XX/2025 - Received all months of bank statement, condition resolved. | Resolved 04/XX/2025 - Received all months of bank statement, condition resolved. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9798626991 | XX | XX |  | XX | Utah | 04/XX/2025 | Refinance | Non-QM/Compliant | 3 | 1 | Credit | Assets Insufficient | HY2HNV20UHE-RDQHOAL4 | Resolved | 3 | R | \* Assets are not sufficient to close (Lvl R) | Assets fall short by $77,475.31, Provide assets to cover the cash from borrower and reserve requirement.<br>Resolved 04/XX/2025 - Recent 2 months bank statement received, condition resolved. | Resolved 04/XX/2025 - Recent 2 months bank statement received, condition resolved. | Resolved 04/XX/2025 - Recent 2 months bank statement received, condition resolved. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |
| 9798626991 | XX | XX |  | XX | Utah | 04/XX/2025 | Refinance | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | HY2HNV20UHE-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide a copy of title supplement as the title insurance amount of $xx is not covering the loan amount $XX<br>Resolved 04/XX/2025 - Received title insured amount, condition resolved. | Resolved 04/XX/2025 - Received title insured amount, condition resolved. | Resolved 04/XX/2025 - Received title insured amount, condition resolved. |  |  | QC Complete | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 | 04/XX/2025 |

---

## Exhibit 99.3

**Exhibit 99.3**

![](ex99-3_001.jpg)

FORWARD THINKING. SEAMLESS SOLUTIONS**.**

Executive Summary

NRMLT 2025-NQM4

Dated: June 30, 2025

**6136 Frisco Square Blvd. \| Suite 350 \| Frisco, TX 75034**<br> **P: 888.892.1843 \| evolvemortgageservices.com**<br>

![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

**EXECUTIVE SUMMARY**

**Overview**

Evolve Mortgage Services ("Evolve") performed certain due diligence services (the "Review") described below on loans backed by residential properties (the "Loans") originated by a lender and subsequently purchased by Rithm Capital (the "Client"). The Review was conducted via files imaged and provided by the lender or its designee for review. The Review results were conveyed to the Client by a Reliance Letter.

**Sample size and criteria.**

The final population of the Review covered 110 Loans, 59 Residential Loans and 51 Business Purpose Loans, totaling an aggregate original principal balance of approximately $59,310,123.00 Evolve is not aware of the overall securitization population as other third-party review ("TPR") firms may have reviewed loans within the overall securitization loan population. The Review was conducted consistent with the criteria for S&P Global Ratings ("S&P") and Kroll Bond Rating Agency, LLC (KBRA), the NRSROs identified in Item 3 of the ABS Due Diligence-15E.

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

Evolve compared data fields on the bid tape provided by the Client and uploaded to the underwriting system to the data found in the Loan file as captured during the Review. The data integrity review was completed versus tapes as provided at the time of initial diligence or subsequently updated. Discrepancies outside of reasonable tolerances were reported. Not all data elements were provided to Evolve on every loan within the securitization population. This comparison, when data was available, included the following data fields:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;Property City |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;Note Date | &nbsp;&nbsp;Property State |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;Property Street Address |
| &nbsp;&nbsp;DSCR | &nbsp;&nbsp;Original CLTV | &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;Property Zip |
| &nbsp;&nbsp;Index Type | &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;QM Status |
| &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;Qualifying Credit Score |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;Qualifying DTI |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;Original Term | &nbsp;&nbsp;Sales Price |
| &nbsp;&nbsp;Margin | &nbsp;&nbsp;Prepayment Penalty | &nbsp;&nbsp;Self-Employment Flag |

---

---

| | | |
|:---|:---|:---|
| ![](ex99-3_003.jpg)  |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 1 \| P a g e |

---

![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

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

Evolve reviewed asset origination to determine conformity to the stated underwriting or credit extension guidelines, standards, criteria or other requirements, including, as applicable for the Residential Population, the Ability to Repay and Qualified Mortgage requirements described below, that were provided to Evolve. 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, Evolve 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:** Evolve'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, Evolve: (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:** Evolve 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, was not 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:** Evolve 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, Evolve 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).

---

| | | |
|:---|:---|:---|
| ![](ex99-3_003.jpg)  |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 2 \| P a g e |

---

![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

**Hazard/Flood Insurance/Taxes:** A review of the insurance present on the mortgage loan was also performed by Evolve. During the course of this review, Evolve (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, (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.

**DU/LP Review:** When provided and appropriate, Evolve verified that DU findings included an approved/eligible decision where required by the guidelines. However, all mortgage loans are manually underwritten with documentation requirements determined by the guidelines and not AUS findings.

**Occupancy Review:** Evolve 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, Evolve 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:** Evolve 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 origination of the mortgage loan. If the mortgage loan file did not contain a fraud report and the counterparty did not produce one, Evolve conditioned the mortgage loan for the missing fraud report product.

---

| | | |
|:---|:---|:---|
| ![](ex99-3_003.jpg)  |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 3 \| P a g e |

---

![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

If a report was present, Evolve 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, Evolve 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:** Evolve's review included a review of the chain of title and the duration of ownership by the seller or borrower (whichever is applicable) satisfied 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:** Evolve 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.

Additionally, Evolve 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.

**Regulatory Compliance:** Evolve conducted a review to determine whether the loan met certain federal, state and local regulatory requirements at the time of origination when applicable. All applicable tests and disclosure reviews were graded in accordance with the Structured Finance Association ("SFA") published RMBS 3.0 TRID Compliance Review Scope. The Regulatory Compliance Review conducted is fully detailed in Appendix A.

---

| | | |
|:---|:---|:---|
| ![](ex99-3_003.jpg)  |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 4 \| P a g e |

---

![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

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

Evolve'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. Evolve's review included verifying the appraisal report was (i) on the appropriate GSE form (for the Residential Population), (ii) materially complete, (iii) in conformity with the guideline requirements for the property type in question, (iv) completed by an appraiser (for residential properties) that was actively licensed to perform the valuation, (v) completed, for residential properties, 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, Evolve's review (i) analyzed the relative comparable data (gross and net adjustments, sale dates and distance from subject property) and considered whether 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 Evolve'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 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 Evolve or if it was not directly accessible that another valuation product that was directly accessible to Evolve was ordered in accordance with the Client's specific valuation waterfall process. If more than one valuation was provided, Evolve confirmed consistency among the valuation products and if there were discrepancies that could not be resolved, Evolve created an exception.

---

| | | |
|:---|:---|:---|
| ![](ex99-3_003.jpg)  |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 5 \| P a g e |

---

![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

**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 NRSRO listed in the Form ABS Due Diligence-15E.

**Compliance Results Summary**

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**S&P** | &nbsp;&nbsp;**S&P** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;58 | &nbsp;&nbsp;52.73% | &nbsp;&nbsp;58 | &nbsp;&nbsp;52.73% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.91% | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.91% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;51 | &nbsp;&nbsp;46.36% | &nbsp;&nbsp;51 | &nbsp;&nbsp;46.36% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**110** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**110** | &nbsp;&nbsp;**100.00%** |

---

**Credit Results Summary**

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**S&P** | &nbsp;&nbsp;**S&P** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;76 | &nbsp;&nbsp;69.09% | &nbsp;&nbsp;76 | &nbsp;&nbsp;69.09% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;34 | &nbsp;&nbsp;30.91% | &nbsp;&nbsp;34 | &nbsp;&nbsp;30.91% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**110** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**110** | &nbsp;&nbsp;**100.00%** |

---

**Property Valuation Results Summary**

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**S&P** | &nbsp;&nbsp;**S&P** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;106 | &nbsp;&nbsp;96.36% | &nbsp;&nbsp;106 | &nbsp;&nbsp;96.36% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;4 | &nbsp;&nbsp;3.64% | &nbsp;&nbsp;4 | &nbsp;&nbsp;3.64% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**110** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**110** | &nbsp;&nbsp;**100.00%** |

---

---

| | | |
|:---|:---|:---|
| ![](ex99-3_003.jpg)  |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 6 \| P a g e |

---

![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

**Overall Results Summary**

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**S&P** | &nbsp;&nbsp;**S&P** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;72 | &nbsp;&nbsp;65.45% | &nbsp;&nbsp;72 | &nbsp;&nbsp;65.45% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;38 | &nbsp;&nbsp;34.55% | &nbsp;&nbsp;38 | &nbsp;&nbsp;34.55% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**110** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**110** | &nbsp;&nbsp;**100.00%** |

---

**Data Results Summary**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**# Loans with Discrepancy** | &nbsp;&nbsp;**Total Time Compared** | &nbsp;&nbsp;**% Variance** |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;6 | &nbsp;&nbsp;110 | &nbsp;&nbsp;5.45% |
| &nbsp;&nbsp;DSCR | &nbsp;&nbsp;13 | &nbsp;&nbsp;110 | &nbsp;&nbsp;11.82% |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;45 | &nbsp;&nbsp;110 | &nbsp;&nbsp;40.91% |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;59 | &nbsp;&nbsp;110 | &nbsp;&nbsp;53.64% |
| &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;2 | &nbsp;&nbsp;110 | &nbsp;&nbsp;1.82% |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;59 | &nbsp;&nbsp;110 | &nbsp;&nbsp;53.64% |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;59 | &nbsp;&nbsp;110 | &nbsp;&nbsp;53.64% |
| &nbsp;&nbsp;Original Amortization Term | &nbsp;&nbsp;3 | &nbsp;&nbsp;110 | &nbsp;&nbsp;2.73% |
| &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;1 | &nbsp;&nbsp;110 | &nbsp;&nbsp;0.91% |
| &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;1 | &nbsp;&nbsp;110 | &nbsp;&nbsp;0.91% |
| &nbsp;&nbsp;PITI | &nbsp;&nbsp;22 | &nbsp;&nbsp;110 | &nbsp;&nbsp;20.00% |
| &nbsp;&nbsp;Prepayment Penalty Type | &nbsp;&nbsp;39 | &nbsp;&nbsp;110 | &nbsp;&nbsp;35.45% |
| &nbsp;&nbsp;Product Code | &nbsp;&nbsp;39 | &nbsp;&nbsp;110 | &nbsp;&nbsp;35.45% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;4 | &nbsp;&nbsp;110 | &nbsp;&nbsp;3.64% |
| &nbsp;&nbsp;Property Zip | &nbsp;&nbsp;23 | &nbsp;&nbsp;110 | &nbsp;&nbsp;20.91% |
| &nbsp;&nbsp;QM Status | &nbsp;&nbsp;62 | &nbsp;&nbsp;110 | &nbsp;&nbsp;56.36% |
| &nbsp;&nbsp;Qualifying DTI | &nbsp;&nbsp;21 | &nbsp;&nbsp;110 | &nbsp;&nbsp;19.09% |
| &nbsp;&nbsp;Self-Employment Flag | &nbsp;&nbsp;15 | &nbsp;&nbsp;110 | &nbsp;&nbsp;13.64% |

---

---

| | | |
|:---|:---|:---|
| ![](ex99-3_003.jpg)  |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 7 \| P a g e |

---

![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

**APPENDIX A**

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

Please be advised that Evolve 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 Evolve are dependent upon its receiving complete and accurate data regarding the mortgage loans from mortgage loan originators and other third parties upon which Evolve is relying in reaching such findings.

Please be further advised that Evolve does not employ personnel who are licensed to practice law in the various jurisdictions, and the findings set forth in the reports prepared by Evolve do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to Evolve. Information contained in any Evolve 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 Evolve 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 Evolve 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. Evolve does not make any representation or warranty as to the value of any mortgage loan or mortgage loan's collateral that has been reviewed by Evolve.

---

| | | |
|:---|:---|:---|
| ![](ex99-3_003.jpg)  |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 8 \| P a g e |

---

![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

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

**<u>FOR APPLICATION DATES BEFORE JANUARY 10, 2014</u>**

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&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;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) <u>High-cost Mortgage (§§1026.31, 32 and 33):</u> 

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

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

ii) compliance with the escrow account and appraisal requirements;

---

| | | |
|:---|:---|:---|
| ![](ex99-3_003.jpg)  |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 9 \| P a g e |

---

![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

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

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

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 loan terms and/or fees on any revised GFEs over the applicable tolerance(s); and |
|  | v) | confirm the presence of a settlement service provider list, as applicable. |
| &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> | <u>Final HUD-1/A Settlement Statement (HUD) (§1024.8) *as applicable for loans with application dates prior to October 3, 2015*:</u> |
|  | i) | confirm current applicable HUD form was provided; |
|  | ii) | determination that the 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;c) | <u>GFE and Final HUD Comparison (§1024.7) *as applicable for loans with application dates prior to October 3, 2015*:</u> | <u>GFE and Final HUD Comparison (§1024.7) *as applicable for loans with application dates prior to October 3, 2015*:</u> |
|  | 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 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 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;d) | <u>Additional RESPA/Regulation X Disclosures and Requirements (§1024.6, 15, 17, 20, and 33):</u> | <u>Additional RESPA/Regulation X Disclosures and Requirements (§1024.6, 15, 17, 20, and 33):</u> |
|  | i) | confirm the presence of the Servicing Disclosure Statement form in the 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 loan file or that the 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; |
|  | v) | confirm the presence of the Affiliated Business Arrangement Disclosure in the 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 loan file and proper timing. |

---

---

| | | |
|:---|:---|:---|
| ![](ex99-3_003.jpg)  |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 10 \| P a g e |

---

![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

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

**(IV)** **The disclosure requirements and prohibitions of state, county and municipal laws and ordinances with respect to "high-cost" loans, "covered" loans, "higher-priced" loans, "home" loans or any other similarly designated 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;**

**(V) Federal and state specific late charge and prepayment penalty provisions;**

**(VI) Document Review**

Evolve reviewed each mortgage loan file and verified if the following documents, if applicable, for the Review scope in question at the time of review, were included in the file and if the data on these documents was consistent:

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

■ Final application (1003);

■ Note;

■ Appraisal;

■ Sales contract;

■ Title/Preliminary Title;

■ Initial TIL;

■ Final TIL;

■ Final HUD-1;

■ Initial and final GFE's;

■ Right of Rescission Disclosure;

■ Mortgage/Deed of Trust;

■ Mortgage Insurance;

■ Tangible Net Benefit Disclosure;

■ FACTA disclosures; and

■ Certain other disclosures related to the enumerated tests set forth herein.

**<u>FOR APPLICATION DATES ON OR AFTER JANUARY 10, 2014</u>**

For mortgage loans with application dates on or after January 10, 2014 additional compliance testing was applicable and conducted by Evolve. Testing during this period included all items as referenced in the **FOR APPLICATION DATES BEFORE JANUARY 10, 2014** section above plus:

(VII) Federal Truth in Lending Act ("TILA"), as implemented by Regulation Z, 12 C.F.R. Part 1026 **testing included:**

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

&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;

---

| | | |
|:---|:---|:---|
| ![](ex99-3_003.jpg)  |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 11 \| P a g e |

---

![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

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

iii) review the presence of the 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Note: Where available, Evolve reviewed the relevant documents in the loan file
and, as necessary, attempted to obtain the loan originator compensation agreement and/or governing policies and procedures of the loan
originator. In the absence of the loan originator compensation agreement and/or governing policies and procedures, Evolve's review
was limited to formal general statements of entity compliance provided by the loan originator, if any. These statements, for example,
were in the form of a letter signed by the seller correspondent/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;b) <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 loan to a first-time homebuyer that contains a negative amortization feature;

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) determine if the terms of the 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;d) <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; and

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

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

(VIII) 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;&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;i) confirm that the creditor provided
the borrower a list of homeownership counseling organizations within three (3) business days of application; and

ii) confirm that the list of homeownership counseling organizations was obtained no earlier than 30 days prior to when the list was provided to the loan applicant.

---

| | | |
|:---|:---|:---|
| ![](ex99-3_003.jpg)  |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 12 \| P a g e |

---

![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

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

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

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

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

*<u>Qualified Mortgage</u>*

With respect to QM (Safe Harbor and Higher-priced) designated loans, Evolve 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, (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 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.

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, Evolve reviews 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 reviews the Automated Underwriting System output within the file to confirm agency eligibility.

---

| | | |
|:---|:---|:---|
| ![](ex99-3_003.jpg)  |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 13 \| P a g e |

---

![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

For each QM designated loan that satisfied the applicable requirements enumerated above, Evolve 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 applicable percentage.

The Review also includes determining, as applicable, whether a 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.).

For each QM designated loan that does not satisfy the applicable requirements enumerated above, Evolve then determines whether the 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>*

Evolve reviews 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 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.

*Note*: for loans designated as QM – agency eligible, Evolve will not review for compliance with the requirements of Appendix Q or General Ability to Repay.

Evolve reviews 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 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"). Evolve does not represent or warrant that the factors for which it is reviewing the loans constitute all of the factors and/or criteria that Authorities may consider in determining the status of a loan. Evolve's review is based on information contained in the loan file at the time it is provided to Evolve to review, and only reflects information as of that point in time.

---

| | | |
|:---|:---|:---|
| ![](ex99-3_003.jpg)  |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 14 \| P a g e |

---

![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

(X) 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;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;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;

iv) with respect to a borrower that has waived the three (3) business day disclosure requirement, confirm that the borrower has signed the waiver or other acknowledgment at least three (3) business days prior to consummation; and (2) confirm that the lender has provided copies of appraisals and other written valuations at or prior to consummation.

(XI) FIRREA Review

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

**<u>FOR APPLICATION DATES ON OR AFTER OCTOBER 3, 2015</u>**

For mortgage loans with application dates on or after October 3, 2015 additional compliance testing was applicable and conducted by Evolve. Testing during this period included all items as referenced in the **FOR APPLICATION DATES BEFORE JANUARY 10, 2014 and FOR APPLICATION DATES ON OR AFTER JANUARY 10, 2014** sections above plus:

With regard to TILA-RESPA Integrated Disclosure ("TRID") testing, Evolve 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 (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. Evolve 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 Evolve 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. Evolve has worked closely with the NRSRO and Client to disclose, as mutually agreed upon by the parties, the relevant exceptions per Evolve's suggested review implementation as reviewed by outside counsel; however, no assurances can be provided and/or are given that Evolve has included within its Review all areas that may represent risk to the securitization trust, or that areas of risk identified by Evolve will result in the potential level of risk indicated by an Event Level or NRSRO grade.

---

| | | |
|:---|:---|:---|
| ![](ex99-3_003.jpg)  |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 15 \| P a g e |

---

![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

Please be further advised that Evolve does not employ personnel who are licensed to practice law in the various jurisdictions, and the findings set forth in the reports prepared by Evolve do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to Evolve. Information contained in any Evolve 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 Evolve 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 Evolve 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. Evolve does not make any representation or warranty as to the value of any mortgage loan or mortgage loans collateral that has been reviewed by Evolve.

Evolve 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:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 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;

---

| | | |
|:---|:---|:---|
| ![](ex99-3_003.jpg)  |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 16 \| P a g e |

---

![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v) confirm that any written estimate of terms or costs
provided prior to receipt of a LE contained the required disclosures;

vi) 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;

vii) confirm the presence and timely provision of a settlement service provider list (when consumer is given the opportunity to shop for services);

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 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;&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.)

---

| | | |
|:---|:---|:---|
| ![](ex99-3_003.jpg)  |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 17 \| P a g e |

---

![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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.

(XIII) Document Review

Evolve 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;■ Loan Estimates;

■ Closing Disclosures; and

■ Certain other disclosures related to the enumerated tests set forth herein.

---

| | | |
|:---|:---|:---|
| ![](ex99-3_003.jpg)  |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 18 \| P a g e |

---

## Exhibit 99.3

**Exhibit 99.3 Schedule 1**

---

| |
|:---|
| ![](ex99-3sch1_001.jpg) |
| **Valuation Report** |
| **Run Date - 06/30/2025 10:26:18 AM** |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **BPO Values** | **BPO Values** | **BPO Values** | **BPO Values** | **BPO Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **2055 Values** | **2055 Values** | **2055 Values** | **2055 Values** | **2055 Values** | **Updated Values** | **Updated Values** | **Updated Values** | **Updated Values** | **Updated Values** | **Updated Multi Property Values** | **Updated Multi Property Values** | **Updated Multi Property Values** | | |
| Loan Id | **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Appraised Value** | **Value for LTV** | **Appraisal Date** | **Second Appraisal Value** | **Variance Amount** | **Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Confidence Score** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Risk Score** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Aggregate Appraised Value** | **Aggregate Variance Amount** | **Aggregate Variance Percent** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** |
| 12025010950 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.2 |
| 12025011244 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low risk | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 12025011612 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025011758 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.5 |
| 12025020115 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 12025020687 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low Risk | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025020743 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | XX | -3.85% | XX | Moderate risk | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025021168 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 12025021595 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low Risk | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025021778 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low Risk | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025021986 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | XX | -8.57% | XX | Moderate | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025030199 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Moderate Risk | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025030352 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 12025030501 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 12025030503 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.1 |
| 12025030504 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 12025030696 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 12025030778 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | moderate risk | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025030787 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025030843 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Moderate | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025030910 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.5 |
| 12025031021 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low Risk | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025031168 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Moderate | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 4.8 |
| 12025031333 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025031408 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025031734 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 12025031871 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Moderate | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 12025032249 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025032325 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025032431 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | XX | 0.68% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025032469 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 12025032479 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025032579 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low Risk | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025032649 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.1 |
| 12025032676 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | XX | -19.87% | XX | High | XX |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025032682 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025040103 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 12025040264 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 12025040373 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.4 |
| 12025040416 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025040420 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.3 |
| 12025040493 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025040541 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.8 |
| 12025040695 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Moderate | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025040771 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025040913 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025040962 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 12025040965 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Moderate Risk | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025041640 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Moderate | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025041662 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.2 |
| 12025041669 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Moderate | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025042088 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025042162 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.2 |
| 12025042166 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | XX | -5.38% | XX | Moderate Risk | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 12025042230 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Moderate | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.8 |
| 12025042328 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.7 |
| 12025042445 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.1 |
| 12025042448 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.1 |
| 12025042683 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.3 |
| 1956877 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1955391 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1956856 | XX | XX | XX | XX | XX |  | XX | XX | XX | XX | XX | 1.46% | XX | 1004 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1956876 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1983894 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1956874 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1973070 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1948679 | XX | XX | XX | XX | XX |  | XX | XX | XX | XX | XX | 15.11% | XX | 1004 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1973031 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1973034 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1973043 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1971809 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1983921 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1973044 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1983911 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Reasonable | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 4.4 |
| 1982758 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1973029 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1973062 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1973037 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1973075 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1983905 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1983909 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1983917 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1973033 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | XX | -6.57% | XX | B | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1992422 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1973064 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | XX | 9.94% | XX | B | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1983922 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1983930 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1992399 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1992388 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | XX | -4.92% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1992409 | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | 3.77% | XX | 1004 |  |  |  |  |  |  | XX | XX | 3.77% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1983907 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1983908 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1983888 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1983900 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | XX | -2.23% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1983889 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | XX | -3.67% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1992427 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1992395 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1992390 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1992418 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1992400 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1992393 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1988089 | XX | XX | XX | XX | XX |  | XX | XX | XX | XX | XX | 17.05% | XX | 1004 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1992403 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1992404 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1992416 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1992428 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1992430 | XX | XX | XX | XX | XX |  | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1992407 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1992435 | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | -2.85% | XX | 1004 |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1993200 | XX | XX | XX | XX | XX | XX | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | A | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |

---

## Exhibit 99.3

**Exhibit 99.3 Schedule 2**

---

| |
|:---|
| ![](ex99-3sch2_001.jpg) |
| **Rating Agency Grades** |
| **Run Date - 06/30/2025 10:26:18 AM** |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **INITIAL CREDIT LOAN GRADES** | **INITIAL CREDIT LOAN GRADES** | **INITIAL CREDIT LOAN GRADES** | **INITIAL CREDIT LOAN GRADES** | **INITIAL CREDIT LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** |
| Loan Id | **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Original Loan Amount** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** |
| 12025010950 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025011244 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | B | B | B | B | B |
| 12025011612 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025011758 | XX | XX | XX | XX | D | D | D | D | D | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025020115 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025020687 | XX | XX | XX | XX | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | C | C | C | C | C | C | C | C | C | C | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | B | B | B | B | B | B | B | B | B | B |
| 12025020743 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | B | B | B | B | B |
| 12025021168 | XX | XX | XX | XX | D | D | D | D | D | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025021595 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025021778 | XX | XX | XX | XX | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025021986 | XX | XX | XX | XX | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025030199 | XX | XX | XX | XX | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025030352 | XX | XX | XX | XX | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025030501 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025030503 | XX | XX | XX | XX | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025030504 | XX | XX | XX | XX | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025030696 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | B | B | B | B | B |
| 12025030778 | XX | XX | XX | XX | D | D | D | D | D | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025030787 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025030843 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | B | B | B | B | B |
| 12025030910 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025031021 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | B | B | B | B | B |
| 12025031168 | XX | XX | XX | XX | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025031333 | XX | XX | XX | XX | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 12025031408 | XX | XX | XX | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 12025031734 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | B | B | B | B | B |
| 12025031871 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025032249 | XX | XX | XX | XX | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025032325 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025032431 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025032469 | XX | XX | XX | XX | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025032479 | XX | XX | XX | XX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 12025032579 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025032649 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | B | B | B | B | B |
| 12025032676 | XX | XX | XX | XX | D | D | D | D | D | N/A | N/A | N/A | N/A | N/A | C | C | C | C | C | D | D | D | D | D | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | B | A | B | B | B | B | A | B | B | B |
| 12025032682 | XX | XX | XX | XX | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025040103 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025040264 | XX | XX | XX | XX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 12025040373 | XX | XX | XX | XX | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025040416 | XX | XX | XX | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 12025040420 | XX | XX | XX | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 12025040493 | XX | XX | XX | XX | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025040541 | XX | XX | XX | XX | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | C | C | C | C | C | C | C | C | C | C | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025040695 | XX | XX | XX | XX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 12025040771 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025040913 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | C | C | C | C | C | C | C | C | C | C | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025040962 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | C | C | C | C | C | C | C | C | C | C | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025040965 | XX | XX | XX | XX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 12025041640 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025041662 | XX | XX | XX | XX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 12025041669 | XX | XX | XX | XX | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025042088 | XX | XX | XX | XX | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025042162 | XX | XX | XX | XX | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025042166 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025042230 | XX | XX | XX | XX | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 12025042328 | XX | XX | XX | XX | D | D | D | D | D | C | C | C | C | C | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 12025042445 | XX | XX | XX | XX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 12025042448 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | B | B | B | B | B |
| 12025042683 | XX | XX | XX | XX | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |
| 1956877 | XX | XX | XX | XX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1955391 | XX | XX | XX | XX | D | D | D | D | D | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | D | D | D | D | D | B | B | B | B | B | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | B | B | B | B | B |
| 1956856 | XX | XX | XX | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1956876 | XX | XX | XX | XX | A | A | A | A | A | C | C | C | C | C | C | C | C | C | C | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1983894 | XX | XX | XX | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1956874 | XX | XX | XX | XX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1973070 | XX | XX | XX | XX | D | D | D | D | D | A | A | A | A | A | C | C | C | C | C | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B | B | B | B | B | B |
| 1948679 | XX | XX | XX | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1973031 | XX | XX | XX | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1973034 | XX | XX | XX | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1973043 | XX | XX | XX | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1971809 | XX | XX | XX | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1983921 | XX | XX | XX | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1973044 | XX | XX | XX | XX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1983911 | XX | XX | XX | XX | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1982758 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | C | C | C | C | C | C | C | C | C | C | B | B | B | B | B | N/A | N/A | N/A | N/A | N/A | B | B | B | B | B | B | B | B | B | B |
| 1973029 | XX | XX | XX | XX | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1973062 | XX | XX | XX | XX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1973037 | XX | XX | XX | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1973075 | XX | XX | XX | XX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1983905 | XX | XX | XX | XX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1983909 | XX | XX | XX | XX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1983917 | XX | XX | XX | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1973033 | XX | XX | XX | XX | C | C | C | C | C | C | C | C | C | C | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1992422 | XX | XX | XX | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1973064 | XX | XX | XX | XX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1983922 | XX | XX | XX | XX | C | C | C | C | C | C | C | C | C | C | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1983930 | XX | XX | XX | XX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1992399 | XX | XX | XX | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1992388 | XX | XX | XX | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1992409 | XX | XX | XX | XX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1983907 | XX | XX | XX | XX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1983908 | XX | XX | XX | XX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1983888 | XX | XX | XX | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1983900 | XX | XX | XX | XX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1983889 | XX | XX | XX | XX | C | C | C | C | C | C | C | C | C | C | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1992427 | XX | XX | XX | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1992395 | XX | XX | XX | XX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1992390 | XX | XX | XX | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1992418 | XX | XX | XX | XX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1992400 | XX | XX | XX | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1992393 | XX | XX | XX | XX | C | C | C | C | C | C | C | C | C | C | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1988089 | XX | XX | XX | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1992403 | XX | XX | XX | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1992404 | XX | XX | XX | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1992416 | XX | XX | XX | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1992428 | XX | XX | XX | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1992430 | XX | XX | XX | XX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1992407 | XX | XX | XX | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1992435 | XX | XX | XX | XX | C | C | C | C | C | C | C | C | C | C | C | C | C | C | C | C | C | C | C | C | A | A | A | A | A | B | B | B | B | B | A | A | A | A | A | B | B | B | B | B |
| 1993200 | XX | XX | XX | XX | C | C | C | C | C | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A |

---

## Exhibit 99.3

**Exhibit 99.3 Schedule 3**

---

| |
|:---|
| ![](ex99-3sch3_001.jpg) |
| **Business Purpose Data** |
| **Run Date - 06/30/2025 10:26:19 AM** |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan Id | **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Seller Name** | **Originator Name** | **Guideline Author** | **Loan Program** | **Loan Program Date** | **Documentation Type** | **Executed NOO Docs in File** | **Lease In Place Flag** | **Actual In Place Rent** | **Third Party Market Rent Estimate** | **Third Party Rent Source** | **Rental Source for Property DTI Calculation** | **Short Term Rental** | **STR Source** | **STR Amount** | **Property DTI** | **Investor DTI** | **Value Used for DSCR Calc** | **DSCR** | **Total DSCR** | **PITIA** | **Lease End Date** | **Original Lease Term** | **Is Lease Month To Month** | **Rent Loss Insurance** | **Rent Loss Insurance Amount** | **Actual Loss Amount** | **HOA Flag** | **HOA Monthly Premium Amount** | **Monthly Property Tax** | **Monthly Insurance Cost** | **Asset Verification** | **Blanket Mortgage Flag** | **Number of Mortgaged Properties With Lender** | **Number of Properties** | **Foreign National Alternative Credit Documentation** | **Foreign National Borrower 1** | **Foreign National Borrower 2** | **Investor Type** | **Months Reserves** | **Number of Years Property Owned** | **Borrower Residency Status** | **Co Borrower Residency Status** | **Qualifying Credit Score** | **Months Bankruptcy 7 11** | **Months Bankruptcy 13** | **Months Deed in Lieu** | **Months Short Sale or Pre FC** | **Prior Mtg Rent Late 30d in 12m** | **Prior Mtg Rent Late 60d in 12m** | **Prior Mtg Rent Late 90d in 12m** | **Prior Mtg Rent Late 30d in 24m** | **Prior Mtg Rent Late 60d in 24m** | **Prior Mtg Rent Late 90d in 24m** | **Section 8** | **Street Address** | **Borrower 1 Type** | **Borrower 1 Designation** | **Borrower 1 First Name** | **Borrower 1 Last Name** | **Borrower 2 Type** | **Borrower 2 Designation** | **Borrower 2 First Name** | **Borrower 2 Last Name** | **Borrower 3 Designation** | **Borrower 3 First Name** | **Borrower 3 Last Name** | **Borrower 4 Designation** | **Borrower 4 First Name** | **Borrower 4 Last Name** | **Personal Guarantee** | **Personal Guaranty Recourse Level** | **Guarantor 1 First Name** | **Guarantor 1 Last Name** | **Guarantor 1 Number of Mortgaged Properties** | **Guarantor 1 Citizenship** | **Guarantor 1 Asset Verification Level** | **Guarantor 1 Experian FICO** | **Guarantor 1 Equifax FICO** | **Guarantor 1 Trans Union FICO** | **Guarantor 2 First Name** | **Guarantor 2 Last Name** | **Guarantor 2 Number of Mortgaged Properties** | **Guarantor 2 Citizenship** | **Guarantor 2 Asset Verification Level** | **Guarantor 2 Experian FICO** | **Guarantor 2 Equifax FICO** | **Guarantor 2 Trans Union FICO** | **Borrower 1 Employment Status** | **Borrower 2 Employment Status** | **Loan Application Date** | **Sales Contract Date** | **Qualifying Home Value for LTV** | **Number of Units** | **Year Built** | **Total Sq Ft** | **Number of Bedrooms** | **Number of Bathrooms** | **Property Condition** | **Acquisition Cost** | **Renovation Cost** | **Effective Gross Income** | **Turnover Costs** | **Repairs and Maintenance** | **Marketing and Leasing Costs** | **Utilities** | **Other Costs** | **Cap Ex Reserve** | **Borrower Entity Type** | **Name of Borrowing Entity** | **Default Rate Clause** | **Default Rate** | **EIN Number** |
| 12025010950 | XX | XX | XX | xx | xxx | xxx | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | XX | Debt Service Coverage | Yes | No | $0.00 | $4850.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 4850 | 0.92 | 0.92 | $5260.60 |  |  |  | Yes | $41500.00 |  | NO | $0.00 | $1216.01 | $116.33 | Stated, Verified | NO | 1 | 1 |  | No | No | Inexperienced | 2 | 2.9 | US Citizen |  | 707 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XX | XX | XX | 1 | 1972 | 1220 | 3 | 2 | C3 | XX | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | FALSE |  |  |
| 12025011244 | XX | XX | XX | xx | xxx | xxx | BPACC 30 Yr Fixed 3 Yr PPP Step Dn | XX | Debt Service Coverage | Yes | No | $0.00 | $4500.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 4500 | 0.75 | 0.75 | $5972.76 |  |  |  | No |  |  | NO | $0.00 | $1314.57 | $234.25 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 12 | 3.3 | US Citizen |  | 709 | 0 | 0 |  |  | 1 | 0 | 0 | 0 | 0 | 0 |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XX | XX | XX | 1 | 1954 | 1260 | 3 | 2 | C3 | XX | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | TRUE | 18 |  |
| 12025011612 | XX | XX | XX | xx | xxx | xxx | BPACC 30 Yr Fixed 3 Yr PPP Step Dn | XX | Debt Service Coverage | Yes | No | $0.00 | $5400.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 5400 | 1.07 | 1.07 | $5050.85 |  |  |  | Yes | $61290.00 |  | NO | $0.00 | $848.50 | $136.00 | Stated, Verified | NO | 1 | 1 |  | No | No | Experienced | 22 | 1.9 | US Citizen |  | 757 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 771 | 757 | 739 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 2 | 1925 | 1880 | 6 | 2 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | FALSE |  | XX |
| 12025011758 | XX | XX | XX | XX | XX | XX | BPACC 30 Yr Fixed 3 Yr PPP Step Dn | XX | Debt Service Coverage | Yes | No | $0.00 | $4200.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 4200 | 1 | 1 | $4199.69 |  |  |  | Yes | $41898.00 |  | NO | $0.00 | $696.33 | $194.42 | Stated, Verified | NO | 1 | 1 |  | No | No | Inexperienced | 2 | 5 | US Citizen |  | 740 | 0 | 0 |  |  | 0 | 0 | 0 |  |  |  |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 740 | 739 | 762 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 1927 | 1276 | 3 | 1 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | FALSE |  | XX |
| 12025020115 | XX | XX | XX |  | XX | XX | BPACC 30 YR FIXED NO PPP | XX | Debt Service Coverage | Yes | Yes | $2000.00 | $1650.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 1650 | 1.12 | 1.12 | $1475.14 | 20260212 | 12 | No | Yes | $22437.00 |  | NO | $0.00 | $61.58 | $192.62 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 36 | 1 | Permanent Resident Alien |  | 758 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | Permanent Resident Alien | Stated, Verified | 758 | 757 | 793 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 1948 | 1221 | 3 | 2 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | FALSE |  | XX |
| 12025020687 | XX | XX | XX | XX | XX | XX | BPACCINC 30 YR FIXED 3 YEAR PPP STEP DN | XX | Debt Service Coverage | Yes | Yes | $3575.00 | $3300.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 3300 | 1.56 | 1.56 | $2116.40 | 20250514 | 12 | No | Yes | $40480.00 |  | NO | $0.00 | $530.94 | $96.13 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 93 | 5 | US Citizen |  | 764 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 768 | 755 | 764 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 3 | 1930 | 1596 | 5 | 3 | C2 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | FALSE |  | XX |
| 12025020743 | XX | XX | XX | XX | XX | XX | BPACC 30 YR FIXED NO PPP | XX | Debt Service Coverage | Yes | No | $0.00 | $1800.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 1800 | 1.04 | 1.04 | $1725.28 |  |  |  | Yes | $35500.00 |  | NO | $0.00 | $213.47 | $144.50 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 25 | 10 | US Citizen |  | 677 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 617 | 677 | 693 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 1940 | 1084 | 3 | 1.1 | C2 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | FALSE |  | XX |
| 12025021168 | XX | XX | XX | XX | XX | XX | BPACCINC 30 YR FIXED 3 YEAR PPP STEP DN | XX | Bank Statement | Yes | No | $0.00 | $4500.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 | 6.527 |  | 0 | 0 | 0 | $5437.39 |  |  |  | Yes | $50000.00 |  | NO | $0.00 | $1373.54 | $148.25 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 18 | 8 | US Citizen |  | 797 | 0 | 0 |  |  |  |  |  |  |  |  |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XX | XX | XX | 1 | 1963 | 1196 | 3 | 1 | C3 | XX | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | FALSE |  | XX |
| 12025021595 | XX | XX | XX |  | XX | XX | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | XX | Debt Service Coverage | Yes | Yes | $4550.00 | $4400.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 4400 | 1.02 | 1.02 | $4301.23 | 20251101 | 12 | No | No |  |  | NO | $0.00 | $526.14 | $293.33 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 25 | 15 | US Citizen |  | 728 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 718 | 730 | 728 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 2 | 1900 | 2045 | 6 | 2 | C4 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 12025021778 | XX | XX | XX | XX | XX | XX | BPACC 30 YR FIXED NO PPP | XX | Debt Service Coverage | Yes | No | $0.00 | $2500.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 2500 | 1.52 | 1.52 | $1640.03 |  |  |  | No |  |  | NO | $0.00 | $180.33 | $148.67 | Stated, Verified | NO | 1 | 1 |  | No | No | Experienced | 108 | 5 | US Citizen |  | 797 | 0 | 0 |  |  |  |  |  |  |  |  |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 822 | 791 | 797 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 2 | 1898 | 1842 | 4 | 2 | C4 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | FALSE |  | XX |
| 12025021986 | XX | XX | XX | XX | XX | XX | BPACC 30 YR FIXED IO 5 YR PPP | XX | Debt Service Coverage | Yes | No | $0.00 | $6000.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 6000 | 1.22 | 1.22 | $4900.40 |  |  |  | No |  |  | NO | $0.00 | $808.46 | $263.81 | Stated, Verified | NO | 1 | 1 |  | Yes | No | Experienced | 31 | 7 | Non Permanent Resident Alien |  | 768 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | Non Permanent Resident Alien | Stated, Verified | 768 | 751 | 771 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 2 | 1908 | 2395 | 5 | 3 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | FALSE |  | XX |
| 12025030199 | XX | XX | XX |  | XX | XX | BPACC 30 YR FIXED 5 YEAR PPP | XX | Debt Service Coverage | Yes | No | $0.00 | $4500.00 | FNMA 1007/216 | Short Term Rental Documents | Yes | Other | 6038 |  |  | 6038.16 | 1.35 | 1.35 | $4467.60 |  |  |  | Yes | $17500.00 |  | NO | $0.00 | $369.54 | $578.03 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 112 | 2.2 | US Citizen |  | 743 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XX |  | XX | 1 | 1985 | 1027 | 2 | 2 | C2 | $0.00 | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | TRUE | 18 | XX |
| 12025030352 | XX | XX | XX |  | XX | XX | BPACC 30 YR FIXED 5 YEAR PPP | XX | Debt Service Coverage | Yes | No | $0.00 | $2100.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 2100 | 1 | 1 | $2092.89 |  |  |  | Yes | $0.00 | Yes | NO | $0.00 | $318.37 | $137.62 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 32 | 3 | Non Permanent Resident Alien |  | 765 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XX |  | XX | 1 | 1961 | 1139 | 3 | 1 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | TRUE | 18 | XX |
| 12025030501 | XX | XX | XX | XX | XX | XX | BPACC 30 Yr Fixed 3 Yr PPP Step Dn | XX | Debt Service Coverage | Yes | No | $0.00 | $2725.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 2725 | 1.25 | 1.25 | $2174.84 |  |  |  | Yes | $31200.00 |  | NO | $0.00 | $380.83 | $161.54 | Stated, Verified | NO | 3 | 4 |  | No | No | Experienced | 17 | 5 | US Citizen |  | 768 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 757 | 782 | 768 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 1960 | 1305 | 4 | 2 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | FALSE |  | XX |
| 12025030503 | XX | XX | XX | XX | XX | XX | BPACC 30 Yr Fixed 3 Yr PPP Step Dn | XX | Debt Service Coverage | Yes | No | $0.00 | $3375.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 3375 | 1.36 | 1.36 | $2476.44 |  |  |  | Yes | $31200.00 |  | NO | $0.00 | $457.71 | $179.33 | Stated, Verified | NO | 3 | 4 |  | No | No | Experienced | 29 | 5 | US Citizen |  | 768 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 757 | 782 | 768 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 1968 | 1880 | 5 | 1.1 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | FALSE |  | XX |
| 12025030504 | XX | XX | XX | XX | XX | XX | BPACC 30 Yr Fixed 3 Yr PPP Step Dn | XX | Debt Service Coverage | Yes | No | $0.00 | $2850.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 2850 | 1.29 | 1.29 | $2209.73 |  |  |  | Yes | $31200.00 |  | NO | $0.00 | $320.99 | $181.31 | Stated, Verified | NO | 3 | 4 |  | No | No | Experienced | 20 | 5 | US Citizen |  | 768 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 757 | 782 | 768 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 1963 | 1300 | 3 | 1 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | FALSE |  | XX |
| 12025030696 | XX | XX | XX |  | XX | XX | BPACC 30 YR FIXED NO PPP | XX | Debt Service Coverage | Yes | No | $0.00 | $4700.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 4700 | 1 | 1 | $4698.72 |  |  |  | Yes | $150000.00 |  | YES | $9.58 | $633.12 | $186.00 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 31 | 0.8 | US Citizen |  | 763 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 763 | 752 | 777 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 1969 | 2777 | 4 | 2 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | FALSE |  | XX |
| 12025030778 | XX | XX | XX | XX | XX | XX | BPACCINC 30 YR FIXED 2 YR PPP STEP DN | XX | Bank Statement | Yes | No | $0.00 | $4300.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 | 32.749 |  | 0 | 0 | 0 | $7525.58 |  |  |  | Yes | $19000.00 |  | NO | $0.00 | $1236.51 | $285.92 | Stated, Verified | NO | 2 | 4 |  | No | No | Experienced | 8 | 0 | US Citizen |  | 775 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XX | XX | XX | 1 | 2021 | 3770 | 4 | 3.1 | C2 | XX | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | FALSE |  | XX |
| 12025030787 | XX | XX | XX |  | XX | XX | BPACC 30 YR FIXED NO PPP | XX | Debt Service Coverage | Yes | No | $0.00 | $4800.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 4800 | 1.1 | 1.1 | $4365.17 |  |  |  | Yes | $0.00 | Yes | YES | $44.17 | $145.41 | $197.85 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 7 | 0.8 | Permanent Resident Alien |  | 724 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | Permanent Resident Alien | Stated, Verified | 726 | 724 | 722 |  |  |  |  |  |  |  |  | Not Required |  | XX | XX | XX | 2 | 2025 | 4066 | 8 | 4.2 | C1 | XX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 12025030843 | XX | XX | XX | XX | XX | XX | BPACC 30 YR FIXED 5 YEAR PPP | XX | Debt Service Coverage | Yes | Yes | $1050.00 | $4057.00 | FNMA 1007/216 | Other | No |  | 0 |  |  | 3473 | 1.08 | 1.08 | $3229.64 | 20230601 | 1 | Yes | Yes | $90000.00 |  | NO | $0.00 | $500.00 | $238.75 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 61 | 0.8 | US Citizen |  | 668 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 674 | 630 | 668 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 2 | 1900 | 2456 | 5 | 3 | C4 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 12025030910 | XX | XX | XX |  | XX | XX | BPACC 30 Yr Fixed 3 Yr PPP Step Dn | XX | Debt Service Coverage | Yes | No | $0.00 | $2800.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 2800 | 1.42 | 1.42 | $1973.43 |  |  |  | Yes | $36000.00 |  | NO | $0.00 | $404.53 | $142.50 | Stated, Verified | NO | 1 | 4 |  | No | No | Experienced | 18 | 5 | US Citizen |  | 741 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 719 | 752 | 741 |  |  |  |  |  |  |  |  | Not Required |  | XX | XX | XX | 1 | 1930 | 2270 | 7 | 1 | C3 | XX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | FALSE |  | XX |
| 12025031021 | XX | XX | XX |  | XX | XX | BPACC 30 YR FIXED 1 YR PPP | XX | Debt Service Coverage | Yes | No | $0.00 | $2600.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 2600 | 0.88 | 0.88 | $2941.04 |  |  |  | No |  |  | NO | $0.00 | $80.86 | $130.33 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 121 | 9 | US Citizen |  | 715 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 700 | 715 | 723 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 2 | 1926 | 1042 | 2 | 2 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Corporation | XX | TRUE | 18 | XX |
| 12025031168 | XX | XX | XX |  | XX | XX | BPACCINC 30 YR FIXED 2 YR PPP STEP DN | XX | Full | Yes | No | $0.00 | $2750.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 | 45.838 |  | 0 | 0 | 0 | $4878.42 |  |  |  | No |  |  | NO | $0.00 | $931.00 | $125.33 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 35 | 3 | US Citizen |  | 778 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 810 | 771 | 778 |  |  |  |  |  |  |  |  | Employed |  | XX | XX | XX | 1 | 2018 | 1791 | 2 | 1.1 | C2 | XX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | FALSE |  | XX |
| 12025031734 | XX | XX | XX | XX | XX | XX | BPACCINC 30 YR FIXED 5 YEAR PPP STEP DN | XX | P&L | Yes | No | $0.00 | $3400.00 | FNMA 1007/216 |  | No |  | 0 | 40.096 |  | 0 | 0 | 0 | $4080.06 |  |  |  | No |  |  | NO | $0.00 | $776.39 | $115.25 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 5 | 12 | Non Permanent Resident Alien |  | 747 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XX | XX | XX | 1 | 1961 | 1222 | 3 | 2 | C3 | XX | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | TRUE | 18 | XX |
| 12025031871 | XX | XX | XX | XX | XX | XX | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | XX | Debt Service Coverage | Yes | No | $0.00 | $6500.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 6500 | 1.07 | 1.07 | $6093.89 |  |  |  | No |  |  | NO | $0.00 | $1563.49 | $318.33 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 7 | 29 | US Citizen | US Citizen | 766 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower | XX | XX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required | Not Required | XX | XX | XX | 1 | 2002 | 3472 | 5 | 3.1 | C3 | XX | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | FALSE |  | XX |
| 12025032249 | XX | XX | XX | XX | XX | XX | BPACC 30 YR FIXED 2 YR PPP STEP DN | XX | Debt Service Coverage | Yes | No | $0.00 | $5200.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 5200 | 0.88 | 0.88 | $5924.55 |  |  |  | Yes | $50000.00 |  | NO | $0.00 | $771.87 | $255.27 | Stated, Verified | NO | 1 | 5 |  | No | No | Experienced | 87 | 3 | US Citizen |  | 731 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 735 | 690 | 731 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 3 | 1911 | 2240 | 6 | 3 | C2 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 12025032325 | XX | XX | XX | XX | XX | XX | BPACC 30 YR FIXED NO PPP | XX | Debt Service Coverage | Yes | No | $0.00 | $6550.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 6550 | 1 | 1 | $6537.01 |  |  |  | Yes | $90000.00 |  | NO | $0.00 | $953.13 | $402.83 | Stated, Verified | NO | 1 | 4 |  | No | No | Experienced | 55 | 7 | US Citizen |  | 790 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XX | XX | XX | 3 | 1940 | 2005 | 6 | 5 | C3 | XX | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | TRUE | 18 | XX |
| 12025032431 | XX | XX | XX | XX | XX | XX | BPACC 30 YR FIXED 5 YEAR PPP | XX | Debt Service Coverage | Yes | No | $0.00 | $5200.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 5200 | 1.29 | 1.29 | $4027.32 |  |  |  | No |  |  | NO | $0.00 | $652.46 | $212.96 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 9 | 3 | US Citizen |  | 652 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 622 | 652 | 671 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 2 | 1913 | 1590 | 2 | 2 | C2 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 12025032469 | XX | XX | XX | XX | XX | XX | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | XX | Debt Service Coverage | Yes | Yes | $2300.00 | $1800.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 1800 | 1.08 | 1.08 | $1668.09 | 20250913 | 12 | No | No |  |  | YES | $165.00 | $240.27 | $123.21 | Stated, Verified | NO | 1 | 1 |  | No | No | Experienced | 10 | 3 | US Citizen |  | 702 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 691 | 702 | 720 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 2007 | 1508 | 3 | 2.1 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | FALSE |  | XX |
| 12025032579 | XX | XX | XX | XX | XX | XX | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | XX | Debt Service Coverage | Yes | No | $0.00 | $2850.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 2850 | 1.04 | 1.04 | $2733.25 |  |  |  | No |  |  | NO | $0.00 | $583.72 | $143.58 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 94 | 10 | US Citizen |  | 766 | 0 | 0 |  |  |  |  |  |  |  |  |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 790 | 732 | 766 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 1982 | 1310 | 3 | 2 | C4 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | FALSE |  | XX |
| 12025032649 | XX | XX | XX |  | XX | XX | BPACC 30 Yr Fixed 3 Yr PPP Step Dn | XX | Debt Service Coverage | Yes | No | $0.00 | $2550.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 2550 | 1.26 | 1.26 | $2019.88 |  |  |  | Yes | $2800.00 |  | NO | $0.00 | $291.50 | $165.75 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 21 | 6 | US Citizen |  | 749 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 725 | 749 | 767 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 1906 | 1899 | 4 | 1 | C4 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 12025032676 | XX | XX | XX |  | XX | XX | BPACC 30 Yr Fixed 3 Yr PPP Step Dn | XX | Debt Service Coverage | Yes | No | $0.00 | $8325.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 8325 | 1.84 | 1.84 | $4522.18 |  |  |  | No |  |  | NO | $0.00 | $1090.82 | $113.58 | Stated, Verified | NO | 1 | 1 |  | No | No | Experienced | 2 | 5 | US Citizen |  | 728 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 728 | 723 | 738 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 3 | 1925 | 4481 | 13 | 4.2 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 12025032682 | XX | XX | XX |  | XX | XX | BPACC 30 Yr Fixed 3 Yr PPP Step Dn | XX | Debt Service Coverage | Yes | No | $0.00 | $8100.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 8100 | 1.56 | 1.56 | $5198.79 |  |  |  | Yes | $31650.00 |  | NO | $0.00 | $909.24 | $175.50 | Stated, Verified | NO | 1 | 1 |  | No | No | Experienced | 34 | 5 | US Citizen |  | 728 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 728 | 723 | 738 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 3 | 1900 | 3975 | 14 | 4 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 12025040103 | XX | XX | XX | XX | XX | XX | BPACC 30 YR FIXED NO PPP | XX | Debt Service Coverage | Yes | No | $0.00 | $5800.00 | FNMA 1007/216 | Other | No |  | 0 |  |  | 8111.67 | 1.03 | 1.03 | $7906.41 |  |  |  | No |  |  | YES | $13.00 | $488.75 | $192.50 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 46 | 17 | US Citizen | US Citizen | 774 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower | XX | XX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required | Not Required | XX | XX | XX | 1 | 1986 | 2799 | 3 | 3.1 | C3 | XX | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | TRUE | 18 | XX |
| 12025040373 | XX | XX | XX |  | XX | XX | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | XX | Debt Service Coverage | Yes | No | $0.00 | $2100.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 2100 | 1.1 | 1.1 | $1910.46 |  |  |  | No |  |  | YES | $677.00 | $70.13 | $101.42 | Stated, Verified | NO | 1 | 1 |  | No | No | Inexperienced | 97 | 4 | US Citizen |  | 698 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XX | XX | XX | 1 | 1970 | 1140 | 2 | 2 | C4 | XX | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | TRUE | 18 | XX |
| 12025040493 | XX | XX | XX |  | XX | XX | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | XX | Debt Service Coverage | Yes | No | $0.00 | $4200.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 4200 | 1.36 | 1.36 | $3095.78 |  |  |  | Yes | $0.00 | Yes | NO | $0.00 | $520.36 | $192.50 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 13 | 8 | US Citizen |  | 794 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 801 | 782 | 794 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 2 | 1920 | 2438 | 6 | 3 | C4 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 12025040541 | XX | XX | XX |  | XX | XX | BPACC 30 YR FIXED NO PPP | XX | Debt Service Coverage | Yes | No | $0.00 | $2200.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 2200 | 1.4 | 1.4 | $1571.80 |  |  |  | No |  |  | YES | $12.92 | $233.29 | $151.44 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 102 | 2.3 | US Citizen |  | 718 | 0 | 0 |  |  |  |  |  |  |  |  |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XX |  | XX | 1 | 1990 | 2024 | 4 | 2 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | TRUE | 18 | XX |
| 12025040771 | XX | XX | XX | XX | XX | XX | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | XX | Debt Service Coverage | Yes | No | $0.00 | $3000.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 3000 | 1.01 | 1.01 | $2973.85 |  |  |  | No |  |  | NO | $0.00 | $216.66 | $124.33 | Stated, Verified | NO | 1 | 4 |  | No | No | Experienced | 35 | 0 | US Citizen |  | 755 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XX | XX | XX | 3 | 1926 | 1650 | 3 | 3 | C2 | XX | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | FALSE |  | XX |
| 12025040913 | XX | XX | XX | XX | XX | XX | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | XX | Debt Service Coverage | Yes | No | $0.00 | $6500.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 6500 | 1.02 | 1.02 | $6398.13 |  |  |  | No |  |  | NO | $0.00 | $809.72 | $233.33 | Stated, Verified | NO | 1 | 1 |  | No | No | Experienced | 22 | 3 | US Citizen |  | 692 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XX |  | XX | 2 | 1915 | 2506 | 4 | 3 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | FALSE |  | XX |
| 12025040962 | XX | XX | XX | XX | XX | XX | BPACC 30 Yr Fixed 3 Yr PPP Step Dn | XX | Debt Service Coverage | Yes | No | $0.00 | $2700.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 2700 | 1.46 | 1.46 | $1851.13 |  |  |  | Yes | $50800.00 |  | NO | $0.00 | $304.13 | $96.58 | Not Stated, not Verified | NO | 1 | 4 |  | No | No | Experienced | 108 | 0.8 | US Citizen |  | 738 | 0 | 0 |  |  | 1 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Not Stated, not Verified | 738 | 748 | 702 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 1930 | 1193 | 3 | 2 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 12025041640 | XX | XX | XX |  | XX | XX | BPACC 30 YR FIXED NO PPP | XX | Debt Service Coverage | Yes | No | $0.00 | $2000.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 2000 | 1.36 | 1.36 | $1468.75 |  |  |  | Yes | $11760.00 |  | NO | $0.00 | $30.16 | $97.21 | Stated, Verified | NO | 1 | 8 |  | No | No | Experienced | 276 | 1.1 | US Citizen |  | 752 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 769 | 745 | 752 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 1920 | 1329 | 3 | 2 | C2 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 12025041669 | XX | XX | XX | XX | XX | XX | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | XX | Debt Service Coverage | Yes | Yes | $5200.00 | $2500.00 | FNMA 1007/216 | Leases | No |  | 0 |  |  | 5200 | 1.04 | 1.04 | $4999.47 | 20260531 | 12 | No | No |  |  | YES | $286.00 | $1256.60 | $411.58 | Stated, Verified | NO | 1 | 1 |  | No | No | Experienced | 76 | 2 | US Citizen |  | 665 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XX |  | XX | 1 | 2008 | 3038 | 3 | 2.1 | C2 | $0.00 | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | TRUE | 18 | XX |
| 12025042088 | XX | XX | XX |  | XX | XX | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | XX | Debt Service Coverage | Yes | No | $0.00 | $3000.00 | FNMA 1007/216 | Other | No |  | 0 |  |  | 5502.67 | 1.16 | 1.16 | $4737.24 |  |  |  | No |  |  | YES | $787.00 | $364.57 | $208.46 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 127 | 7 | US Citizen |  | 776 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 772 | 776 | 782 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 2010 | 825 | 2 | 1 | C4 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 12025042162 | XX | XX | XX |  | XX | XX | BPACC 30 YR FIXED 2 YR PPP STEP DN | XX | Debt Service Coverage | Yes | No | $0.00 | $3750.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 3750 | 1.02 | 1.02 | $3675.20 |  |  |  | No |  |  | NO | $0.00 | $788.75 | $166.92 | Stated, Verified | NO | 2 | 4 |  | No | No | Experienced | 21 | 2 | US Citizen |  | 759 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 768 | 759 | 733 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 1956 | 799 | 2 | 1 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 12025042166 | XX | XX | XX |  | XX | XX | BPACC 30 YR FIXED 2 YR PPP STEP DN | XX | Debt Service Coverage | Yes | No | $0.00 | $3700.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 3700 | 0.84 | 0.84 | $4385.89 |  |  |  | Yes | $47000.00 |  | NO | $0.00 | $662.71 | $188.47 | Stated, Verified | NO | 2 | 4 |  | No | No | Experienced | 19 | 2 | US Citizen |  | 759 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 768 | 759 | 733 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 1987 | 2095 | 4 | 2 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 12025042230 | XX | XX | XX |  | XX | XX | BPACC 30 YR FIXED NO PPP | XX | Debt Service Coverage | Yes | No | $0.00 | $4500.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 4500 | 1.25 | 1.25 | $3594.25 |  |  |  | No |  |  | NO | $0.00 | $804.75 | $139.25 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 104 | 1.5 | US Citizen |  | 745 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XX |  | XX | 1 | 1955 | 2376 | 4 | 3.1 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | TRUE | 18 | XX |
| 12025042448 | XX | XX | XX |  | XX | XX | BPACCINC 30 YR FIXED 3 YEAR PPP STEP DN | XX | Bank Statement | Yes | No | $0.00 | $2600.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 | 24.112 |  | 0 | 0 | 0 | $3580.06 |  |  |  | No |  |  | NO | $0.00 | $306.00 | $106.14 | Stated, Verified | NO | 1 | 1 |  | No | No | Experienced | 56 | 2.3 | US Citizen |  | 731 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 764 | 731 | 722 |  |  |  |  |  |  |  |  | Employed |  | XX |  | XX | 1 | 1892 | 1092 | 2 | 1 | C4 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 12025042683 | XX | XX | XX |  | XX | XX | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | XX | Debt Service Coverage | Yes | Yes | $2750.00 | $2200.00 | FNMA 1007/216 | Leases | No |  | 0 |  |  | 2750 | 1.13 | 1.13 | $2437.07 | 20260515 | 12 |  | Yes | $42700.00 |  | NO | $0.00 | $195.88 | $89.50 | Stated, Verified | NO | 1 | 4 |  | No | No | Experienced | 59 | 2 | US Citizen |  | 763 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 737 | 763 | 780 |  |  |  |  |  |  |  |  | Not Required |  | XX | XX | XX | 1 | 1960 | 2251 | 4 | 2 | C3 | XX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 1955391 | XX | XX | XX | XX | XX | XX | LMC Investor Cash Flow Fixed | XX | Debt Service Coverage | Yes | No | $0.00 | $0.00 |  | Short Term Rental Documents | Yes | AirDNA | 3750 |  |  | 3750 | 1.1 | 1.1 | $3410.38 |  |  |  | Yes | $42000.00 |  | YES | $110.00 | $64.96 | $143.74 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 14 | 13 | US Citizen |  | 765 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XX | XX | XX | 1 | 2024 | 2791 | 5 | 5 | C1 | XX | $0.00 |  |  |  |  |  |  |  | Individual(s) |  |  |  | XX |
| 1982758 | XX | XX | XX | XX | XX | XX | LMC Investor Cash Flow Fixed | XX | Debt Service Coverage | Yes | No | $0.00 | $0.00 |  | Short Term Rental Documents | Yes | 1007/216 | 30000 |  |  | 30000 | 2.25 | 2.25 | $13342.69 |  |  |  | Yes | $72500.00 |  | YES | $399.00 | $1149.94 | $195.67 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 43 | 10 | US Citizen |  | 780 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XX |  | XX | 1 | 2017 | 1988 | 2 | 2.1 | C2 | $0.00 | $0.00 |  |  |  |  |  |  |  | Individual(s) |  |  |  | XX |
| 1993200 | XX | XX | XX | XX | XX | XX | Investor DSCR: 30 - Year Fixed | XX | Debt Service Coverage | Yes | No | $0.00 | $3008.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 3008 | 1.36 | 1.36 | $2208.73 |  |  |  | Yes | $0.00 | Yes | NO | $0.00 | $638.39 | $133.17 | Stated, Verified | NO | 1 | 5 |  | No | No | Experienced | 7 | 8 | US Citizen |  | 776 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 776 | 770 | 791 |  |  |  |  |  |  |  |  | Employed |  | XX | XX | XX | 2 | 2019 | 2554 | 6 | 4 | C3 | XX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX |  |  | XX |

---

## Exhibit 99.3

**Exhibit 99.3 Schedule 4**

---

| |
|:---|
| ![](ex99-3sch4_001.jpg) |
| **Data Compare** |
| **Run Date - 06/30/2025 10:26:19 AM** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan Id | **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Field Label** | **Bid Tape Field Value** | **Field Value** | **Comment** |
| 1956877 | XX | XX | XX | Property Zip | XX | XX | Original Data is correct per note |
| 1955391 | XX | XX | XX | Doc Type | Alternative | Debt Service Coverage | Verified with loan approval. |
| 1956856 | XX | XX | XX | QM Status | Exempt | Non-QM | Verified |
| 1956856 | XX | XX | XX | Doc Type | Alternative | Bank Statement | Verified with approval, bank statements |
| 1956856 | XX | XX | XX | Property Zip | XX | XX | cldd matches original data |
| 1956876 | XX | XX | XX | Property Zip | XX | XX | cldd matches original data |
| 1983894 | XX | XX | XX | Doc Type | Alternative | Bank Statement | bkst |
| 1983894 | XX | XX | XX | Property Zip | XX | XX | cldd matches original data |
| 1956874 | XX | XX | XX | Property Type | Detached | PUD-Detached | Verified with the appraisal. |
| 1956874 | XX | XX | XX | Property Zip | XX | XX | cldd matches original data |
| 1973070 | XX | XX | XX | Qualifying DTI | 0.44832 | 0.44979 | co borrower income slighly lower calculation |
| 1973070 | XX | XX | XX | Doc Type | Alternative | Bank Statement | Bkst loan |
| 1948679 | XX | XX | XX | Doc Type | Alternative | Bank Statement | Verified with loan approval |
| 1948679 | XX | XX | XX | PITI | 25679.32 | 28001.13 | Verified PITI only |
| 1973031 | XX | XX | XX | Self-Employment Flag |  | N | Verified with award letter and paystubs |
| 1973034 | XX | XX | XX | Self-Employment Flag |  | N | Borrower is retired. |
| 1973043 | XX | XX | XX | QM Status | Exempt | Non-QM | Verified |
| 1971809 | XX | XX | XX | Doc Type | Alternative | Bank Statement | Verified with loan approval |
| 1983921 | XX | XX | XX | Appraised Value | XX | XX | Verified with the appraisal. |
| 1983921 | XX | XX | XX | QM Status | Exempt | Non-QM | Verified |
| 1983921 | XX | XX | XX | Self-Employment Flag |  | Y | Not required to be verified. |
| 1983921 | XX | XX | XX | Doc Type | FullDocumentation | Asset Depletion | Verified with the loan approval. |
| 1983921 | XX | XX | XX | Property Zip | XX | XX | cldd matches original data |
| 1983921 | XX | XX | XX | PITI | 1238.65 | 3293.60 | Audited data includes piti. |
| 1973044 | XX | XX | XX | Appraised Value | XX | XX | verified, appraisal |
| 1973044 | XX | XX | XX | Property Zip | XX | XX | Original data is correct per note |
| 1983911 | XX | XX | XX | Doc Type | FullDocumentation | Asset Utilization | This is an asset qualifier loan transaction, Borrowers stated they were self employed but no income was derived from the business |
| 1982758 | XX | XX | XX | DSCR | 1.166 | 2.250 | Verified with appraisal 1007/216 short term rental |
| 1982758 | XX | XX | XX | Doc Type | Alternative | Debt Service Coverage | Verified with the loan approval. |
| 1982758 | XX | XX | XX | PITI | 11598.08 | 12943.69 | Original data is P&I only. |
| 1973029 | XX | XX | XX | Property Zip | XX | XX | cldd matches original data |
| 1973062 | XX | XX | XX | Doc Type | Alternative | Bank Statement | Verified with approval. |
| 1973037 | XX | XX | XX | Qualifying DTI | 0.46302 | 0.46581 | Verified with total debt $3341.46/Total income $7153.43 |
| 1973037 | XX | XX | XX | Doc Type | FullDocumentation | Alternative Doc | Verified with doc type and loan approval |
| 1973037 | XX | XX | XX | Property Zip | XX | XX | cldd matches original data |
| 1973075 | XX | XX | XX | Doc Type | FullDocumentation | Asset Depletion | Verified with loan approval |
| 1983905 | XX | XX | XX | Doc Type | Alternative | Bank Statement | Verified with loan approval |
| 1983909 | XX | XX | XX | Qualifying DTI | 0.44418 | 0.35419 | Added non-occupant co-borrower income and Housing was calculated with total debt of $3,511.61/$income $9,914.56= 35.419% |
| 1983909 | XX | XX | XX | Self-Employment Flag |  | N | Bid Tape is blank, verified borrower not SE with approval |
| 1983909 | XX | XX | XX | Doc Type | FullDocumentation | Asset Depletion | Verified with final approval and income documentation. |
| 1983909 | XX | XX | XX | Property Zip | XX | XX | Original data is correct per note |
| 1983917 | XX | XX | XX | Original Amortization Term | 360 | 240 | verified |
| 1983917 | XX | XX | XX | Qualifying DTI | 0.54176 | 0.54519 | child support and one revolving debt in DTI |
| 1983917 | XX | XX | XX | Interest Only | N | Y | verified |
| 1983917 | XX | XX | XX | Property Zip | XX | XX | cldd matches original data |
| 1983917 | XX | XX | XX | PITI | 5902.60 | 7942.64 | fully amortized pmt |
| 1973033 | XX | XX | XX | Self-Employment Flag |  | N | Both borrowers are retired not self employed |
| 1973033 | XX | XX | XX | Doc Type | FullDocumentation | Alternative Doc | verified |
| 1973033 | XX | XX | XX | PITI | 1110.44 | 1556.52 | Original Data is P&I Only vs Audited Data is PITI |
| 1992422 | XX | XX | XX | Doc Type | Alternative | Bank Statement | Verified with the loan approval. |
| 1973064 | XX | XX | XX | Doc Type | Alternative | Bank Statement | Verified with loan approval |
| 1973064 | XX | XX | XX | Property Zip | XX | XX | cldd matches original data |
| 1983922 | XX | XX | XX | Self-Employment Flag |  | N | Verified borrower is retired |
| 1983930 | XX | XX | XX | Property Zip | XX | XX | cldd matches original data |
| 1992399 | XX | XX | XX | Qualifying DTI | 0.49878 | 0.46743 | Total debt is 4,477.42/Income of 8776.26=51.006% |
| 1992388 | XX | XX | XX | Appraised Value | XX | XX | confirmed with appraisal |
| 1992388 | XX | XX | XX | Property Zip | XX | XX | cldd matches original data |
| 1983907 | XX | XX | XX | Qualifying DTI | 0.31271 | 0.49460 | def set- DTI over 50% |
| 1983907 | XX | XX | XX | Doc Type | Alternative | Bank Statement | two sets of 12 month statements |
| 1983908 | XX | XX | XX | Appraised Value | XX | XX | Verified with the appraisal |
| 1983908 | XX | XX | XX | Qualifying DTI | 0.28806 | 0.35134 | Total DTI calculated using all monthly payments of $2141.21/$6094.41=35.13% |
| 1983908 | XX | XX | XX | Self-Employment Flag |  | N | No employment stated, verified with final 1003 |
| 1983908 | XX | XX | XX | Doc Type | FullDocumentation | Asset Depletion | Verified with final approval |
| 1983888 | XX | XX | XX | Doc Type | FullDocumentation | P&L | verified |
| 1983900 | XX | XX | XX | Self-Employment Flag |  | N | Bid Tape is blank, not required borrowers retired |
| 1983900 | XX | XX | XX | PITI | 2264.37 | 2514.74 | Bid Tape is principal and interest only and audited is principal, interest, taxes and insurance. |
| 1983889 | XX | XX | XX | Doc Type | Alternative | Bank Statement | Verified with the loan approval. |
| 1992427 | XX | XX | XX | Qualifying DTI | 0.42405 | 0.43295 | debts higher than client |
| 1992427 | XX | XX | XX | Doc Type | Alternative | Bank Statement | BKST |
| 1992427 | XX | XX | XX | Property Zip | XX | XX | Original data is correct per note |
| 1992395 | XX | XX | XX | Original Amortization Term | 480 | 360 | verified |
| 1992395 | XX | XX | XX | Interest Only | N | Y | verified |
| 1992390 | XX | XX | XX | Self-Employment Flag |  | N | Bid Tape is blank. Borrower is retired, verified with income documentation. |
| 1992418 | XX | XX | XX | Doc Type | Alternative | Bank Statement | Verified with the loan approval. |
| 1992418 | XX | XX | XX | Property Zip | XX | XX | Verified with the appraisal. |
| 1992400 | XX | XX | XX | Qualifying DTI | 0.49115 | 0.49942 | XX not paid, omitted debts to be documented |
| 1988089 | XX | XX | XX | Doc Type | FullDocumentation | Asset Utilization | Veried with the loan approval. |
| 1988089 | XX | XX | XX | Property Zip | XX | XX | verified |
| 1988089 | XX | XX | XX | PITI | 23003.30 | 27516.79 | Audited data is p&i, taxes and insurance. |
| 1992416 | XX | XX | XX | Doc Type | Alternative | Bank Statement | \*This loan transaction is a 24mo Bank Statement Loan Transaction verified per the Loan Approval & the Program ID |
| 1992428 | XX | XX | XX | Self-Employment Flag | N | Y | Verified with CPA letter |
| 1992428 | XX | XX | XX | Doc Type | Alternative | Bank Statement | 12-month Bank Statement |
| 1992428 | XX | XX | XX | PITI | 2202.53 | 2887.60 | original data is PI Audited data is piti |
| 1992430 | XX | XX | XX | Appraised Value | XX | XX | using last sales price for LTV vs Appraisal |
| 1992430 | XX | XX | XX | Self-Employment Flag | N | Y | stated, not verified |
| 1992430 | XX | XX | XX | Doc Type | FullDocumentation | Asset Utilization | Asset Qualifier |
| 1992430 | XX | XX | XX | Property Zip | XX | XX | verified |
| 1992430 | XX | XX | XX | PITI | 2447.25 | 4681.54 | plus HOA |
| 1992407 | XX | XX | XX | Self-Employment Flag | N | Y | co borrower SE |
| 1992407 | XX | XX | XX | Doc Type | Alternative | Full | Full doc |
| 1992435 | XX | XX | XX | Qualifying DTI | 0.48653 | 0.49979 | Verified with Total debt $26076.77/Total income $52175.38 |
| 1992435 | XX | XX | XX | Doc Type | FullDocumentation | Asset Utilization | Verified withUW notes |
| 1993200 | XX | XX | XX | DSCR | 1.333 | 1.360 | Verified with market rent $3008/PITI $2008.73. UW used $2945 |
| 1993200 | XX | XX | XX | Self-Employment Flag | N | Y | Verified with 1003 |
| 1993200 | XX | XX | XX | Doc Type | Alternative | Debt Service Coverage | Verified with loan approval |
| 1993200 | XX | XX | XX | Property Zip | XX | XX | verified |
| 12025010950 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025010950 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025010950 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025010950 | XX | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 12025010950 | XX | XX | XX | Product Code | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | BPACC30Y5YPPSD | same |
| 12025010950 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025011244 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025011244 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025011244 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025011244 | XX | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 12025011244 | XX | XX | XX | Product Code | BPACC 30 YR FIXED 3 YEAR PPP STEP DN | BPACC30YF3YPPSD | same |
| 12025011244 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025011612 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025011612 | XX | XX | XX | Original Interest Rate | 0.0725 | 0.07375 | Verified w/ note |
| 12025011612 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025011612 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025011612 | XX | XX | XX | Original P&I | 4016.31 | 4066.35 | Verified w/ note |
| 12025011612 | XX | XX | XX | PITI | 5000.81 | 5050.85 | Verified PITI |
| 12025011612 | XX | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 12025011612 | XX | XX | XX | Product Code | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | BPACC30YF3YPPSD | same |
| 12025011612 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025011758 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025011758 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025011758 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025011758 | XX | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 12025011758 | XX | XX | XX | Product Code | BPACC 30 YR FIXED 3 YEAR PPP STEP DN | BPACC30YF3YPPSD | Same |
| 12025011758 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025020115 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025020115 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025020115 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025020115 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025020115 | XX | XX | XX | Product Code | BPACC 30 YR FIXED NO PPP | BPACC30Y | Same |
| 12025020687 | XX | XX | XX | DSCR | 1.510 | 1.560 | verified, mkt rent / PITIA |
| 12025020687 | XX | XX | XX | First Payment Date | XX | XX | verified |
| 12025020687 | XX | XX | XX | Maturity Date | XX | XX | verified |
| 12025020687 | XX | XX | XX | Note Date | XX | XX | verified |
| 12025020687 | XX | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 12025020687 | XX | XX | XX | Product Code | BPACC 30 YR FIXED 3 YEAR PPP STEP DN | BPACCINC30Y3YPPSD | same |
| 12025020687 | XX | XX | XX | Property Zip | XX | XX | verified |
| 12025020687 | XX | XX | XX | QM Status |  | Exempt | Business Purpose Product |
| 12025020743 | XX | XX | XX | DSCR | 1.100 | 1.040 | verified, mkt rent/PITIA payment |
| 12025020743 | XX | XX | XX | First Payment Date | XX | XX | verified |
| 12025020743 | XX | XX | XX | Maturity Date | XX | XX | verified |
| 12025020743 | XX | XX | XX | Note Date | XX | XX | verified |
| 12025020743 | XX | XX | XX | Product Code | BPACC 30 YR FIXED NO PPP | BPACC30Y | same |
| 12025020743 | XX | XX | XX | QM Status |  | Exempt | Business Purpose Product |
| 12025021168 | XX | XX | XX | DSCR | 0.620 |  | not a DSCR loan |
| 12025021168 | XX | XX | XX | Doc Type | Alternative Doc | Bank Statement | verified with loan approval |
| 12025021168 | XX | XX | XX | First Payment Date | XX | XX | verified |
| 12025021168 | XX | XX | XX | Maturity Date | XX | XX | verified |
| 12025021168 | XX | XX | XX | Note Date | XX | XX | verified |
| 12025021168 | XX | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 12025021168 | XX | XX | XX | QM Status |  | Exempt | Business Purpose Product |
| 12025021168 | XX | XX | XX | Self-Employment Flag | N | Y | verified with cpa letter in file |
| 12025021595 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025021595 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025021595 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025021595 | XX | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 12025021595 | XX | XX | XX | Product Code | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | BPACC30Y5YPPSD | same |
| 12025021595 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025021778 | XX | XX | XX | DSCR | 1.460 | 1.520 | verified with market rents and piti |
| 12025021778 | XX | XX | XX | First Payment Date | XX | XX | verified |
| 12025021778 | XX | XX | XX | Maturity Date | XX | XX | verified |
| 12025021778 | XX | XX | XX | Note Date | XX | XX | verified |
| 12025021778 | XX | XX | XX | QM Status |  | Exempt | Business Purpose Product |
| 12025021986 | XX | XX | XX | Original Amortization Term | 360 | 240 | verified |
| 12025021986 | XX | XX | XX | First Payment Date | XX | XX | verified |
| 12025021986 | XX | XX | XX | Maturity Date | XX | XX | verified |
| 12025021986 | XX | XX | XX | Note Date | XX | XX | verified |
| 12025021986 | XX | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 12025021986 | XX | XX | XX | Product Code | BPACC 30 YR FIXED IO 5 YR PPP | BPACC30YFIO5YPP | Same |
| 12025021986 | XX | XX | XX | QM Status |  | Exempt | Business Purpose Product |
| 12025030199 | XX | XX | XX | DSCR | 1.010 | 1.350 | verified STR income utilized |
| 12025030199 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025030199 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025030199 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025030199 | XX | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 12025030199 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025030352 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025030352 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025030352 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025030352 | XX | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 12025030352 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025030501 | XX | XX | XX | First Payment Date | XX | XX | verified |
| 12025030501 | XX | XX | XX | Maturity Date | XX | XX | verified |
| 12025030501 | XX | XX | XX | Note Date | XX | XX | verified |
| 12025030501 | XX | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 12025030501 | XX | XX | XX | QM Status |  | Exempt | Business Purpose Product |
| 12025030503 | XX | XX | XX | First Payment Date | XX | XX | verified |
| 12025030503 | XX | XX | XX | Maturity Date | XX | XX | verified |
| 12025030503 | XX | XX | XX | Note Date | XX | XX | verified |
| 12025030503 | XX | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 12025030503 | XX | XX | XX | QM Status |  | Exempt | Business Purpose Product |
| 12025030504 | XX | XX | XX | First Payment Date | XX | XX | verified |
| 12025030504 | XX | XX | XX | Maturity Date | XX | XX | verified |
| 12025030504 | XX | XX | XX | Note Date | XX | XX | verified |
| 12025030504 | XX | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 12025030504 | XX | XX | XX | QM Status |  | Exempt | Business Purpose Product |
| 12025030696 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025030696 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025030696 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025030696 | XX | XX | XX | PITI | 4698.72 | 4689.14 | audited payment is PITI, HOA not included |
| 12025030696 | XX | XX | XX | Product Code | BPACC 30 YR FIXED NO PPP | BPACC30Y | same |
| 12025030696 | XX | XX | XX | Property Zip | XX | XX | Verified w/ note |
| 12025030696 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025030778 | XX | XX | XX | DSCR | 0.570 |  | N/A not a DSCR loan |
| 12025030778 | XX | XX | XX | Doc Type | Alternative Doc | Bank Statement | verified with loan approval |
| 12025030778 | XX | XX | XX | First Payment Date | XX | XX | verified |
| 12025030778 | XX | XX | XX | Maturity Date | XX | XX | verified |
| 12025030778 | XX | XX | XX | Note Date | XX | XX | verified |
| 12025030778 | XX | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 12025030778 | XX | XX | XX | QM Status |  | Exempt | Business Purpose Product |
| 12025030778 | XX | XX | XX | Qualifying DTI | 32.52900 | 0.32749 | DTI within guidelines |
| 12025030787 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025030787 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025030787 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025030787 | XX | XX | XX | PITI | 4365.17 | 4321.00 | Verified PITI only |
| 12025030787 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025030843 | XX | XX | XX | DSCR | 1.250 | 1.080 | Verified with market rent and lease agreement |
| 12025030843 | XX | XX | XX | First Payment Date | XX | XX | verified |
| 12025030843 | XX | XX | XX | Maturity Date | XX | XX | verified |
| 12025030843 | XX | XX | XX | Note Date | XX | XX | verified |
| 12025030843 | XX | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 12025030843 | XX | XX | XX | Product Code | BPACC 30 YR FIXED 5 YR PPP | BPACC30Y5YPP | same |
| 12025030843 | XX | XX | XX | QM Status |  | Exempt | Business Purpose Product |
| 12025030910 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025030910 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025030910 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025030910 | XX | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 12025030910 | XX | XX | XX | Product Code | BPACC 30 YR FIXED 3 YEAR PPP STEP DN | BPACC30YF3YPPSD | Same |
| 12025030910 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025031021 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025031021 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025031021 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025031021 | XX | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 12025031021 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025031168 | XX | XX | XX | DSCR | 0.420 |  | Loan is a full doc loan |
| 12025031168 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025031168 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025031168 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025031168 | XX | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 12025031168 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025031168 | XX | XX | XX | Qualifying DTI | 45.11900 | 0.45838 | within tolerance |
| 12025031333 | XX | XX | XX | Doc Type | Alternative Doc | P&L | verified |
| 12025031333 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025031333 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025031333 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025031333 | XX | XX | XX | PITI | 5688.76 | 5503.76 | Verified PITI only |
| 12025031333 | XX | XX | XX | Product Code | CACTTX6 30 YR FIXED | CACTTX6 | Same |
| 12025031333 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025031333 | XX | XX | XX | Qualifying DTI | 48.37900 | 0.48379 | Same |
| 12025031408 | XX | XX | XX | Doc Type | Alternative Doc | P&L | verified |
| 12025031408 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025031408 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025031408 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025031408 | XX | XX | XX | Product Code | CACT 30 YR FIXED | CACT30YF | Same |
| 12025031408 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025031408 | XX | XX | XX | Qualifying DTI | 39.56500 | 0.39565 | Same |
| 12025031734 | XX | XX | XX | Doc Type | Alternative Doc | P&L | verified |
| 12025031734 | XX | XX | XX | First Payment Date | XX | XX | verified |
| 12025031734 | XX | XX | XX | Maturity Date | XX | XX | verified |
| 12025031734 | XX | XX | XX | Note Date | XX | XX | verified |
| 12025031734 | XX | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 12025031734 | XX | XX | XX | Product Code | BPACCINC 30 YR FIXED 5 YEAR PPP STEP DN | BPACCINC30Y5YPPSD | Same |
| 12025031734 | XX | XX | XX | QM Status |  | Exempt | Business Purpose Product |
| 12025031734 | XX | XX | XX | Qualifying DTI | 40.08900 | 0.40096 | Same |
| 12025031871 | XX | XX | XX | First Payment Date | XX | XX | verified |
| 12025031871 | XX | XX | XX | Maturity Date | XX | XX | verified |
| 12025031871 | XX | XX | XX | Note Date | XX | XX | verified |
| 12025031871 | XX | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 12025031871 | XX | XX | XX | Product Code | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | BPACC30Y5YPPSD | Same |
| 12025031871 | XX | XX | XX | QM Status |  | Exempt | Business Purpose Product |
| 12025032249 | XX | XX | XX | First Payment Date | XX | XX | verified |
| 12025032249 | XX | XX | XX | Maturity Date | XX | XX | verified |
| 12025032249 | XX | XX | XX | Note Date | XX | XX | verified |
| 12025032249 | XX | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 12025032249 | XX | XX | XX | Product Code | BPACC 30 YR FIXED 2 YR PPP STEP DN | BPACC30YF2YPPSD | Same |
| 12025032249 | XX | XX | XX | QM Status |  | Exempt | Business Purpose Product |
| 12025032325 | XX | XX | XX | First Payment Date | XX | XX | verified |
| 12025032325 | XX | XX | XX | Maturity Date | XX | XX | verified |
| 12025032325 | XX | XX | XX | Note Date | XX | XX | verified |
| 12025032325 | XX | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 12025032325 | XX | XX | XX | Product Code | BPACC 30 YR FIXED NO PPP | BPACC30Y | Same |
| 12025032325 | XX | XX | XX | QM Status |  | Exempt | Business Purpose Product |
| 12025032431 | XX | XX | XX | First Payment Date | XX | XX | verified |
| 12025032431 | XX | XX | XX | Maturity Date | XX | XX | verified |
| 12025032431 | XX | XX | XX | Note Date | XX | XX | verified |
| 12025032431 | XX | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 12025032431 | XX | XX | XX | Product Code | BPACC 30 YR FIXED 5 YR PPP | BPACC30Y5YPP | Same |
| 12025032431 | XX | XX | XX | QM Status |  | Exempt | Business Purpose Product |
| 12025032469 | XX | XX | XX | First Payment Date | XX | XX | verified |
| 12025032469 | XX | XX | XX | Maturity Date | XX | XX | verified |
| 12025032469 | XX | XX | XX | Note Date | XX | XX | verified |
| 12025032469 | XX | XX | XX | PITI | 1668.09 | 1503.09 | verified with first payment letter |
| 12025032469 | XX | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 12025032469 | XX | XX | XX | Property Type | PUD-Detached | PUD-Attached | verified with appraisal |
| 12025032469 | XX | XX | XX | QM Status |  | Exempt | Business Purpose Product |
| 12025032479 | XX | XX | XX | DSCR | 0.710 |  | Not required |
| 12025032479 | XX | XX | XX | Doc Type | Alternative Doc | P&L | verified |
| 12025032479 | XX | XX | XX | First Payment Date | XX | XX | verified |
| 12025032479 | XX | XX | XX | Maturity Date | XX | XX | verified |
| 12025032479 | XX | XX | XX | Note Date | XX | XX | verified |
| 12025032479 | XX | XX | XX | Product Code | CACT 30 YR FIXED | CACT30YF | Same |
| 12025032479 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025032479 | XX | XX | XX | Qualifying DTI | 42.20800 | 0.42208 | Same |
| 12025032579 | XX | XX | XX | First Payment Date | XX | XX | verified |
| 12025032579 | XX | XX | XX | Maturity Date | XX | XX | verified |
| 12025032579 | XX | XX | XX | Note Date | XX | XX | verified |
| 12025032579 | XX | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 12025032579 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025032649 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025032649 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025032649 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025032649 | XX | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 12025032649 | XX | XX | XX | Product Code | BPACC 30 YR FIXED 3 YEAR PPP STEP DN | BPACC30YF3YPPSD | verified |
| 12025032649 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025032676 | XX | XX | XX | Appraised Value | XX | XX | Verified with appraisal |
| 12025032676 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025032676 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025032676 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025032676 | XX | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 12025032676 | XX | XX | XX | Product Code | BPACC 30 YR FIXED 3 YEAR PPP STEP DN | BPACC30YF3YPPSD | Same |
| 12025032676 | XX | XX | XX | Property Zip | XX | XX | Verified w/ note |
| 12025032676 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025032682 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025032682 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025032682 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025032682 | XX | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 12025032682 | XX | XX | XX | Product Code | BPACC 30 YR FIXED 3 YEAR PPP STEP DN | BPACC30YF3YPPSD | Same |
| 12025032682 | XX | XX | XX | Property Zip | XX | XX | Verified w/ note |
| 12025032682 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025040103 | XX | XX | XX | DSCR | 1.060 | 1.030 | Verified with Market rent, asset depletion and PITI |
| 12025040103 | XX | XX | XX | First Payment Date | XX | XX | verified |
| 12025040103 | XX | XX | XX | Maturity Date | XX | XX | verified |
| 12025040103 | XX | XX | XX | Note Date | XX | XX | verified |
| 12025040103 | XX | XX | XX | PITI | 7906.41 | 7893.41 | Verified PITI only |
| 12025040103 | XX | XX | XX | Product Code | BPACC 30 YR FIXED NO PPP | BPACC30Y | Same |
| 12025040103 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025040264 | XX | XX | XX | Doc Type | Alternative Doc | Bank Statement | verified with loan approval |
| 12025040264 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025040264 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025040264 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025040264 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025040373 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025040373 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025040373 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025040373 | XX | XX | XX | PITI | 1910.46 | 1233.46 | Verified PITI only |
| 12025040373 | XX | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 12025040373 | XX | XX | XX | Product Code | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | BPACC30Y5YPPSD | Same |
| 12025040373 | XX | XX | XX | Property Type | Non-Warrantable Condo | Condo-Mid 5-8 Stories | Verified with appraisal |
| 12025040373 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025040416 | XX | XX | XX | Doc Type | Alternative Doc | Bank Statement | verified |
| 12025040416 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025040416 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025040416 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025040416 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025040416 | XX | XX | XX | Qualifying DTI | 36.40700 | 0.39120 | Income calculated in Evolve workbook slightly less than income used in file. Same numbers used to quaify |
| 12025040420 | XX | XX | XX | Doc Type | Alternative Doc | Bank Statement | verified |
| 12025040420 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025040420 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025040420 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025040420 | XX | XX | XX | PITI | 5463.73 | 5430.40 | PITI of $5463.73 verified as a match |
| 12025040420 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025040420 | XX | XX | XX | Self-Employment Flag | N | Y | Self-employment verified |
| 12025040493 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025040493 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025040493 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025040493 | XX | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 12025040493 | XX | XX | XX | Product Code | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | BPACC30Y5YPPSD | Same |
| 12025040493 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025040541 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025040541 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025040541 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025040541 | XX | XX | XX | PITI | 1571.80 | 1558.88 | verified with first payment letter |
| 12025040541 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025040695 | XX | XX | XX | Doc Type | Alternative Doc | Bank Statement | verified |
| 12025040695 | XX | XX | XX | First Payment Date | XX | XX | verified |
| 12025040695 | XX | XX | XX | Maturity Date | XX | XX | verified |
| 12025040695 | XX | XX | XX | Note Date | XX | XX | verified |
| 12025040695 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025040771 | XX | XX | XX | First Payment Date | XX | XX | verified |
| 12025040771 | XX | XX | XX | Maturity Date | XX | XX | verified |
| 12025040771 | XX | XX | XX | Note Date | XX | XX | verified |
| 12025040771 | XX | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 12025040771 | XX | XX | XX | Product Code | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | BPACC30Y5YPPSD | Same |
| 12025040771 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025040913 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025040913 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025040913 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025040913 | XX | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 12025040913 | XX | XX | XX | Product Code | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | BPACC30Y5YPPSD | Same |
| 12025040913 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025040962 | XX | XX | XX | First Payment Date | XX | XX | verified |
| 12025040962 | XX | XX | XX | Maturity Date | XX | XX | verified |
| 12025040962 | XX | XX | XX | Note Date | XX | XX | verified |
| 12025040962 | XX | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 12025040962 | XX | XX | XX | Product Code | BPACC 30 YR FIXED 3 YEAR PPP STEP DN | BPACC30YF3YPPSD | Verified |
| 12025040962 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025040965 | XX | XX | XX | Doc Type | Alternative Doc | Bank Statement | verified with loan approval |
| 12025040965 | XX | XX | XX | First Payment Date | XX | XX | verified |
| 12025040965 | XX | XX | XX | Maturity Date | XX | XX | verified |
| 12025040965 | XX | XX | XX | Note Date | XX | XX | verified |
| 12025040965 | XX | XX | XX | PITI | 6447.20 | 5447.20 | verified with first payment letter |
| 12025040965 | XX | XX | XX | Product Code | CACT 30 YR FIXED | CACT30YF | same |
| 12025040965 | XX | XX | XX | Property Type | Condo-Lo 1-4 Stories | Condo-Hi >8 Stories | verified with appraisal report |
| 12025040965 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025040965 | XX | XX | XX | Qualifying DTI | 28.43300 | 0.28433 | same |
| 12025041640 | XX | XX | XX | DSCR | 1.490 | 1.360 | 1.36 calculated by workbook uploaded. DSCR above 1 meets guidelines. |
| 12025041640 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025041640 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025041640 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025041640 | XX | XX | XX | Product Code | BPACC 30 YR FIXED NO PPP | BPACC30Y | Same |
| 12025041640 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025041662 | XX | XX | XX | Doc Type | Alternative Doc | Bank Statement | verified |
| 12025041662 | XX | XX | XX | First Payment Date | XX | XX | verified |
| 12025041662 | XX | XX | XX | Maturity Date | XX | XX | verified |
| 12025041662 | XX | XX | XX | Note Date | XX | XX | verified |
| 12025041662 | XX | XX | XX | PITI | 5742.72 | 5583.72 | PITI payment not including the HOA of $159.00 |
| 12025041662 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025041669 | XX | XX | XX | First Payment Date | XX | XX | verified |
| 12025041669 | XX | XX | XX | Maturity Date | XX | XX | verified |
| 12025041669 | XX | XX | XX | Note Date | XX | XX | verified |
| 12025041669 | XX | XX | XX | PITI | 4999.47 | 4713.47 | Verified PITI only |
| 12025041669 | XX | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 12025041669 | XX | XX | XX | Product Code | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | BPACC30Y5YPPSD | Same |
| 12025041669 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025042088 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025042088 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025042088 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025042088 | XX | XX | XX | PITI | 4737.24 | 3950.24 | Verified PITI only |
| 12025042088 | XX | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 12025042088 | XX | XX | XX | Product Code | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | BPACC30Y5YPPSD | Same |
| 12025042088 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025042162 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025042162 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025042162 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025042162 | XX | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 12025042162 | XX | XX | XX | Product Code | BPACC 30 YR FIXED 2 YR PPP STEP DN | BPACC30YF2YPPSD | same |
| 12025042162 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025042166 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025042166 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025042166 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025042166 | XX | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 12025042166 | XX | XX | XX | Product Code | BPACC 30 YR FIXED 2 YR PPP STEP DN | BPACC30YF2YPPSD | same |
| 12025042166 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025042230 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025042230 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025042230 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025042230 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025042328 | XX | XX | XX | Doc Type | Alternative Doc | Bank Statement | verified |
| 12025042328 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025042328 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025042328 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025042328 | XX | XX | XX | Product Code | CACT 30 YR FIXED | CACT30YF | verified |
| 12025042328 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025042328 | XX | XX | XX | Qualifying DTI | 42.63100 | 0.42631 | verified. exact match |
| 12025042445 | XX | XX | XX | Doc Type | Alternative Doc | Bank Statement | Verified with loan approval. |
| 12025042445 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025042445 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025042445 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025042445 | XX | XX | XX | Product Code | CACT 30 YR FIXED | CACT30YF | Same |
| 12025042445 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025042445 | XX | XX | XX | Qualifying DTI | 33.17500 | 0.33175 | Same |
| 12025042448 | XX | XX | XX | Doc Type | Alternative Doc | Bank Statement | Verified with loan approval |
| 12025042448 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025042448 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025042448 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025042448 | XX | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 12025042448 | XX | XX | XX | Product Code | BPACCINC 30 YR FIXED 3 YEAR PPP STEP DN | BPACCINC30Y3YPPSD | Same |
| 12025042448 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 12025042448 | XX | XX | XX | Qualifying DTI | 24.11200 | 0.24112 | Same |
| 12025042683 | XX | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 12025042683 | XX | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 12025042683 | XX | XX | XX | Note Date | XX | XX | Verified w/ note |
| 12025042683 | XX | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 12025042683 | XX | XX | XX | Product Code | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | BPACC30Y5YPPSD | Same |
| 12025042683 | XX | XX | XX | QM Status |  | Exempt | Organizational Exemption |

---

## Exhibit 99.3

**Exhibit 99.3 Schedule 5**

---

| |
|:---|
| ![](ex99-3sch5_001.jpg) |
| **Exception Detail** |
| **Run Date - 06/30/2025 10:26:18 AM** |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan Id | **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Loan Exception ID** | **Exception ID** | **Exception Date** | **Exception Type** | **Exception Category** | **Exception Subcategory** | **Exception** | **Exception Detail** | **Exception Information** | **Exception Remediation** | **Compensating Factors** | **Follow-up Comments** | **Cleared Date** | **Cured Date** | **Waived Date** | **Exception Level Rating** | **Note Date** | **Property State** | **Occupancy** | **Purpose** | **Compliance Initial Loan Grade** | **Compliance Final Loan Grade** | **Originator QM ATR Status** | **TPR QM ATR Status** | **Is Curable** |
| 1948679 | XX | XX | XX | 7127305 | 353 | 01/08/2025 | Credit | UW Qualifications |  | UW Qualifications - UW - LA/CLA exceeds Max. Limit |  | Maximum loan size per program is $3.0M. Subject loan closed at $XX |  | Compensating Factors: AA mortgage and overall credit history; Nice, clean, updated collateral. Significant equity in the subject property; Low DTI (15.162%); strong residual income ($200999). |  |  |  | 01/08/2025 B | 2 | 12/XX/2024 | UT | 1 | 3 C B | A | A |  | Non-QM | 1 |
| 1948679 | XX | XX | XX | 7127306 | 851 | 01/09/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Current mortgage being paid off matured 6/XX/2024. Loan considered in default. No extension in file. | received extension and no default statement from current mortgagee |  |  | 01/10/2025 |  | A | 1 | 12/XX/2024 | UT | 1 | 3 C B | A | A |  | Non-QM | 1 |
| 1983894 | XX | XX | XX | 7131096 | 851 | 02/19/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Installment debt paid by other with less than 12 months history being omitted from DTI. (New Loan 9/xx with 3 payments verified) | Account was just opened onxx. The history for the life of loan showing paid by the grandson was provided. |  | Client 02/19/2025 03:38 PM; Account was just opened on xx, there is no way of having 12 months history for the new loan. We have the history for the life of loan showing paid by the grandson. Thanks.<br>Reviewer 02/19/2025 04:10 PM; Condition has been reviewed. Thx<br>| 02/19/2025 |  | A | 1 | 02/XX/2025 | IL | 1 | 13 C A | A | A |  | Non-QM | 1 |
| 1983921 | XX | XX | XX | 7131228 | 851 | 02/13/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Guidelines- loan required to be escrowed. Sr. management approval to waive escrows |  | Compensating Factors: 18% LTV; Strong collateral in a PUD; Mid FICO 714 with well paid mortgage history. |  |  |  | 02/14/2025 B | 2 | 02/XX/2025 | FL | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1983921 | XX | XX | XX | 7131229 | 851 | 02/13/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Sr. management approval to accept loe for associated business without additional documentation due to overall profile for borrower and minimal risk. | Sr. Management approval is reflected in the loan details of the loan approval. |  | Client 02/14/2025 11:50 AM; This approval is reflected in the loan details of the loan approval. Thanks. <br>Reviewer 02/14/2025 12:27 PM; Condition has been reviewed. Thx<br>| 02/14/2025 |  | A | 1 | 02/XX/2025 | FL | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1983911 | XX | XX | XX | 7131103 | 272 | 02/12/2025 | Valuation | UW Collateral |  | UW Collateral - UW - Appraisal Other |  | Appraisal-Broker Appraisal // NOT AMC-approved appraiser. manager Approval needed | received Sr Mgmt approval to use appraiser/ Comp Factors = 789 Score, Reserves $1.8 Mill, residual income $9,500 |  |  | 02/12/2025 |  | A | 1 | 02/XX/2025 | MA | 1 | 1 C A | A | A C |  | Safe Harbor QM (APOR) | 1 |
| 1983917 | XX | XX | XX | 7131134 | 851 | 02/19/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | DTI over 50% with Fully Amortized pmt |  | Exception granted: DTI okay to 55% with 40 acres of land. Borrower is seasoned homeowner, additional earnings from land rent not being used in repayment. Low LTV 55.344% |  |  |  | 02/19/2025 B | 2 | 02/XX/2025 | IL | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1956877 | XX | XX | XX | 7131995 | 437 | 12/17/2024 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Missing/Incomplete Verbal VOE |  | satisfactory verbal verification of employment | received VVOE |  |  | 12/17/2024 |  | A | 1 | 12/XX/2024 | MA | 1 | 1 D B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1956877 | XX | XX | XX | 7131996 | 851 | 12/17/2024 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | New Construction Condo requires 25% of homes to be sold, subject is second unit in 22 unit project - presale requirement not met |  | Exception granted: Stable previous homeownership 3+ years, good residual income $8k, Good credit 740 including mtg history since 2016 |  |  |  | 12/17/2024 B | 2 | 12/XX/2024 | MA | 1 | 1 D B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1973070 | XX | XX | XX | 7131732 | 272 | 12/27/2024 | Valuation | UW Collateral |  | UW Collateral - UW - Appraisal Other |  | Appraiser to correct page one General description to include One with Accessory unit. |  | Exception granted for unpermitted ADU on subject property and use of appraisal without 2 similar comps. Compensating Factors: six-years residence time, six-years self-employment, nine-years credit depth. | Client 12/30/2024 02:51 PM; Appraiser is not going to correct the appraisal since the ADU is not permitted, therefore no value was given to the ADU. Thank you. <br>Reviewer 12/30/2024 03:27 PM; Provide exception approving unpermitted ADU on subject property and the use of appraisal without 2 similar comparables, as required by the guidelines.<br>Reviewer 12/30/2024 03:27 PM; Per lender, the ADU was completed without appropriate permits, therefore an updated appraisal will not be provided. Provide exception approving unpermitted ADU on subject property and the use of appraisal without 2 similar comparables, as required by the guidelines.<br>Reviewer 12/30/2024 03:27 PM; Per lender, the ADU was completed without appropriate permits, therefore an updated appraisal will not be provided. Provide exception approving unpermitted ADU on subject property and the use of appraisal without 2 similar comparables, as required by the guidelines.<br>|  |  | 12/31/2024 B | 2 | 12/XX/2024 | OR | 1 | 1 D B A | A | A C B |  | Non-QM | 1 |
| 1973070 | XX | XX | XX | 7131733 | 336 | 12/27/2024 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | Supply evidence of CPA license/active business | received google CPA search |  |  | 12/28/2024 |  | A | 1 | 12/XX/2024 | OR | 1 | 1 D B A | A | A C B |  | Non-QM | 1 |
| 1973070 | XX | XX | XX | 7131734 | 387 | 12/27/2024 | Credit | UW Credit |  | UW Credit - UW - Taxes and Insurance documentation |  | Supply satisfactory evidence of monthly taxes $641.96 and monthly insurance $105 for departing residence atXX | HOI is $56 higher; however, within DTI tolerance. |  |  | 12/28/2024 |  | A | 1 | 12/XX/2024 | OR | 1 | 1 D B A | A | A C B |  | Non-QM | 1 |
| 1973070 | XX | XX | XX | 7131735 | 436 | 12/27/2024 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Missing/Incomplete VOE |  | Missing verbal verification of employment(s) dated within 10 days of note date 12/XX/24 | received both 10 day VVOE's |  |  | 12/28/2024 |  | A | 1 | 12/XX/2024 | OR | 1 | 1 D B A | A | A C B |  | Non-QM | 1 |
| 1983900 | XX | XX | XX | 7139072 | 1055 | 02/28/2025 | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | The final bridge CD is missing from the loan file. The credit review is on hold until documents are received. | Documents provided |  |  | 05/05/2025 |  | A | 1 | 02/XX/2025 | NC | 1 | 1 A | A | A |  | Non-QM | 1 |
| 1955391 | XX | XX | XX | 7135887 | 851 | 01/12/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Guidelines require Senior Management approval for First Time Investors using Short Term Rental Income on an Investor Cash Flow program. The borrower is a first time investor using STR on a DSCR purchase. |  | Compensating Factors: Good credit 765 Fico, primary MTG paid AA, good collateral, pride in ownership living in primary for 13.6 years. |  |  |  | 03/03/2025 B | 2 | 12/XX/2024 | UT | 3 | 1 D B | N/A | N/A |  | Exempt | 1 |
| 1955391 | XX | XX | XX | 7135888 | 320 | 01/12/2025 | Credit | UW Assets |  | UW Assets - UW - Asset Other |  | The verification of retirement assets in account ending in XX with a balance of $334,954.44 dated 09/XX/2024 and expired on 12/XX/2024, exceeds the 75-day guideline requirement as of the 12/XX/2024 closing date. Senior management approval is required for verification beyond 75 days but within 90 days for the Investor Cash Flow program. |  | Received exception approval for assets/ Compensating Factors: Good credit 765 Fico, primary MTG paid AA, good collateral, pride in ownership living in primary for 13.6 years. |  |  |  | 01/21/2025 B | 2 | 12/XX/2024 | UT | 3 | 1 D B | N/A | N/A |  | Exempt | 1 |
| 1955391 | XX | XX | XX | 7135889 | 435 | 01/12/2025 | Credit | UW Credit |  | UW Credit - UW - Credit report is expired |  | The credit report dated 10/XX/2024 and reissued on 10/XX/2024 exceeds the 60-day guideline requirement as of the loan being cleared for documents on 12/XX/2024. Guidelines for the Investor Cash Flow program require broker-submitted credit reports to be no older than 60 days at the time of clearing for documents and no older than 75 days at funding. |  | Received exception approval for credit/ Compensating Factors: Good credit 765 Fico, primary MTG paid AA, good collateral, pride in ownership living in primary for 13.6 years. |  |  |  | 01/21/2025 B | 2 | 12/XX/2024 | UT | 3 | 1 D B | N/A | N/A |  | Exempt | 1 |
| 1955391 | XX | XX | XX | 7135890 | 330 | 01/13/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Seller credits on CD $24737.50 exceed 3% ($21450) allowed per guidelines. |  | Received exception approval for seller credits/ Compensating Factors: Good credit 765 Fico, primary MTG paid AA, good collateral, pride in ownership living in primary for 13.6 years. |  |  |  | 01/21/2025 B | 2 | 12/XX/2024 | UT | 3 | 1 D B | N/A | N/A |  | Exempt | 1 |
| 1956856 | XX | XX | XX | 7132513 | 1055 | 01/16/2025 | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | The 24 months of bank statements used for income, bank spread income calculation worksheet, recent VOE and 2nd appraisal for loan amounts over $2 million were missing from the loan file. The credit review is on hold until documents are received. | Docs provided |  |  | 01/16/2025 |  | A | 1 | 01/XX/2025 | AK | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1956856 | XX | XX | XX | 7132514 | 851 | 01/17/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Guidelines require loan amounts greater than $1,000,000 require senior management approval. |  | Compensating factors: Strong Collateral, 20+ mortgages all mostly paid as agreed, 41k monthly residual income |  |  |  | 01/17/2025 B | 2 | 01/XX/2025 | AK | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1956856 | XX | XX | XX | 7132515 | 851 | 01/17/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Guidelines state the maximum loan amount for the Expanded Approval program is $2,000,000. The loan amount for this transaction is $xx |  | Compensating factors: Strong Collateral, 20+ mortgages all mostly paid as agreed, 41k monthly residual income |  |  |  | 01/17/2025 B | 2 | 01/XX/2025 | AK | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1956856 | XX | XX | XX | 7132516 | 356 | 01/17/2025 | Credit | UW Qualifications |  | UW Qualifications - UW - Not Authorized |  | Guidelines require a minimum FICO of 740 for loan amounts greater than or equal to $1,500,000. The loan amount is $xx and the FICO is 706. |  | Compensating factors: Strong Collateral, 20+ mortgages all mostly paid as agreed, 41k monthly residual income. |  |  |  | 01/17/2025 B | 2 | 01/XX/2025 | AK | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1956876 | XX | XX | XX | 7144556 | 884 | 01/02/2025 | Compliance | Compliance |  | Compliance - Pending Internal completion of compliance fee tests. Additional conditions may apply. |  |  | Information provided |  |  | 01/15/2025 |  | A | 1 | 12/XX/2024 | TX | 1 | 1 C A | C | A C |  | Safe Harbor QM (APOR) | 1 |
| 1956876 | XX | XX | XX | 7144557 | 898 | 01/02/2025 | Compliance | Compliance |  | Compliance - TRID- Fee Tolerance Violation |  | Loan is failing 0% tolerance for the addition of an HOA fee in Sec B of the 12/5 CD. There is a COC for this date but it does not give a valid explanation for this fee addition. Violation amount is $566. Need a PCCD with cure, lox to borrower, proof of refund, and evidence of payment shipped, all within 60 days of consummation. | Information provided |  | Reviewer 01/07/2025 03:00 PM; N odocumentation provided<br>| 01/15/2025 |  | A | 1 | 12/XX/2024 | TX | 1 | 1 C A | C | A C |  | Safe Harbor QM (APOR) | 1 |
| 1956876 | XX | XX | XX | 7144558 | 258 | 01/06/2025 | Valuation | UW Collateral |  | UW Collateral - UW - Appraisal - Completion Certification |  | \*Appraisal is Subject To and requires a completion Certificate/1004D. The documentation is missing from this file | received final inspection |  |  | 01/07/2025 |  | A | 1 | 12/XX/2024 | TX | 1 | 1 C A | C | A C |  | Safe Harbor QM (APOR) | 1 |
| 1973031 | XX | XX | XX | 7132531 | 1055 | 01/24/2025 | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | The final bridge CD is missing from the loan file. The credit review is on hold until documents are received. | Docs provided |  |  | 01/24/2025 |  | A | 1 | 01/XX/2025 | CO | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1973031 | XX | XX | XX | 7132532 | 330 | 01/24/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | The borrowers' previous monthly housing expense was $826.51 based on the Final Closing Disclosure for the Bridge Loan, and their new monthly PITIA is $3,962.40, resulting in a payment shock of 379.41% with a DTI of 46.124%. Guidelines for the Super-Prime/Alt-A Full Doc program require payment shock to be limited to 300% when DTI is less than 45% and 2.5x when DTI exceeds 45%. Payment shock above 3.0x is permitted with senior management approval, not to exceed 5.0. |  | Compensating Factors: High residual income; Low LTV for program; High cash reserve level; Excellent credit; no derogatory credit on credit bureau. |  |  |  | 03/04/2025 B | 2 | 01/XX/2025 | CO | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1973031 | XX | XX | XX | 7132533 | 851 | 01/24/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | The appraiser noted he subject property is located in a declining market. The guidelines require senior management approval when an appraisal states the subject property is located in a declining market. |  | Compensating Factors: High residual income; Low LTV for program; High cash reserve level; Excellent credit; no derogatory credit on credit bureau. |  |  |  | 03/04/2025 B | 2 | 01/XX/2025 | CO | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1973031 | XX | XX | XX | 7132534 | 851 | 01/24/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | The DTI is 46.124% and a majority of the borrowers' income is from Social Security and Disability income. Guidelines require senior management approval when the DTI is over 45% and a majority of the qualifying income is fixed income. |  | Compensating Factors: High residual income; Low LTV for program; High cash reserve level; Excellent credit; no derogatory credit on credit bureau. |  |  |  | 03/04/2025 B | 2 | 01/XX/2025 | CO | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1973034 | XX | XX | XX | 7139067 | 1055 | 01/14/2025 | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | The bridge loan CD was missing from the loan file. The credit review is on hold until documents received. | DOcuments provided |  |  | 05/05/2025 |  | A | 1 | 01/XX/2025 | TN | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1973034 | XX | XX | XX | 7139068 | 851 | 01/14/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Guideline-Max DTI for fixed income borrowers is 45%. Deviation Request-DTI is over 45% (45.357%) |  | Compensating Factors- AA HELOC, no late payments, in credit file for 36 years, payment shock is about 1, low LT 67 below max of 90%, 743 FICO. |  |  |  | 01/14/2025 B | 2 | 01/XX/2025 | TN | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1973043 | XX | XX | XX | 7132235 | 851 | 01/16/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | EXCEPTION 6 Months Reserves Required |  | DEVIATION: Waive 6 months required reserves COMPENSATING FACTORS: Good credit, No derogatory credit on credit report. Low Residual Income & AA mortgage payment History |  |  |  | 01/16/2025 B | 2 | 01/XX/2025 | TX | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1971809 | XX | XX | XX | 7132248 | 851 | 01/29/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Borrower must be self-employed minimum 2 years. Borrower has been self-employed 1.3 years. |  | Compensating factors: Borrower has lived in subject as primary residence 21 years, payoff off all debt, FICO 730, 82-month mortgage history PAA. |  |  |  | 01/29/2025 B | 2 | 01/XX/2025 | AK | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1971809 | XX | XX | XX | 7132249 | 330 | 01/29/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Documentation xx $89807 balance and $1197/mo paid in full and asset sold is missing from file (per final UW notes). Note The divorce decree awarded the asset and debt to the Borrower and ex-spouse. | received bank statements from ex-spouse with payments being made as per the divorce and property settlement agreement |  | Client 02/05/2025 03:14 PM; Uploaded statements showing boat is in the name of the ex-spouse. Thank you. <br>Reviewer 02/06/2025 08:03 AM; Condition has been reviewed. Thx<br>| 02/05/2025 |  | A | 1 | 01/XX/2025 | AK | 1 | 13 C B | A | A |  | Non-QM | 1 |
| 1973029 | XX | XX | XX | 7132306 | 875 | 02/05/2025 | Compliance | Disclosure |  | Disclosure - Other: |  | E Consent on or before 1/7 is missing | Information provided |  |  | 02/11/2025 |  | A | 1 | 01/XX/2025 | GA | 1 | 1 C A | C | A |  | Safe Harbor QM (APOR) | 1 |
| 1973062 | XX | XX | XX | 7132315 | 336 | 02/04/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | Evidence provided is not in accordance with guideline requirements to meet proof of self-employment. |  | The exception was granted to accept only proof of self employment of 5 years via borrowers online Facebook Store. The exception was granted with the following compensating factors: 9 years job time, 5 years residence time; credit depth is 12 years; FICO 745 |  |  |  | 02/04/2025 B | 2 | 01/XX/2025 | OR | 1 | 1 D B | A | A |  | Non-QM | 1 |
| 1973062 | XX | XX | XX | 7132316 | 330 | 02/04/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Payment shock is over 3.0x when DTI is over 45%. |  | The exception was granted for excessive payment shock, with the following compensating factors: 9 years job time, 5 years residence time; credit depth is 12 years; FICO 745 |  |  |  | 02/04/2025 B | 2 | 01/XX/2025 | OR | 1 | 1 D B | A | A |  | Non-QM | 1 |
| 1973062 | XX | XX | XX | 7132317 | 320 | 02/04/2025 | Credit | UW Assets |  | UW Assets - UW - Asset Other |  | Missing verification of an additional $25,000 in gift deposits. The gift letter is for $325,000 and the verified gift deposited is $300,000.00. | CTC worksheet indicate that the $25K gift was deposited into the borrowers xx on 12/30/24 with the additional $300K gift deposited on 01/23/25. |  | Client 02/07/2025 11:15 AM; Notes in file on the CTC worksheet indicate that the $25K gift was deposited into the borrowers XX on 12/30/24 with the additional $300K gift deposited on 01/23/25. Thank you. <br>Reviewer 02/07/2025 12:00 PM; Condition has been reviewed. Thx<br>| 02/07/2025 |  | A | 1 | 01/XX/2025 | OR | 1 | 1 D B | A | A |  | Non-QM | 1 |
| 1973062 | XX | XX | XX | 7132318 | 434 | 02/04/2025 | Credit | UW Assets |  | UW Assets - UW - Shorts Funds for Reserves |  | The borrower is short of reserves by 1.2 months. |  | The exception was granted for the borrower being short reserves, with the following compensating factors: 9 years job time, 5 years residence time; credit depth is 12 years; FICO 745 |  |  |  | 02/04/2025 B | 2 | 01/XX/2025 | OR | 1 | 1 D B | A | A |  | Non-QM | 1 |
| 1973062 | XX | XX | XX | 7132319 | 437 | 02/04/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Missing/Incomplete Verbal VOE |  | Verbal VOE was not provided. | received 10 day VVOE |  |  | 02/04/2025 |  | A | 1 | 01/XX/2025 | OR | 1 | 1 D B | A | A |  | Non-QM | 1 |
| 1973037 | XX | XX | XX | 7132320 | 851 | 02/05/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Guidelines require minimum payment for student loans 1%. .5% approved. |  | Compensating factors: 3 mortgages PAA, $81000 down payment own funds, in credit file since 2008. |  |  |  | 02/05/2025 B | 2 | 01/XX/2025 | IL | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1973033 | XX | XX | XX | 7144509 | 884 | 02/03/2025 | Compliance | Compliance |  | Compliance - Pending Internal completion of compliance fee tests. Additional conditions may apply. |  |  | Information provided |  |  | 02/06/2025 |  | A | 1 | 01/XX/2025 | PA | 1 | 1 C B | C | A |  | Non-QM | 1 |
| 1973033 | XX | XX | XX | 7144510 | 895 | 02/03/2025 | Compliance | Compliance |  | Compliance - TRID CD- Need proof CD was received 3 days prior to consummation |  | For initial CD issued 1/27. | Information provided |  |  | 02/06/2025 |  | A | 1 | 01/XX/2025 | PA | 1 | 1 C B | C | A |  | Non-QM | 1 |
| 1973033 | XX | XX | XX | 7144511 | 851 | 02/05/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | EXCEPTION MAX DTI is 45% for fixed income borrowers |  | DEVIATION: DTI over 45% for fixed income borrowers. Actual DTI: 45.957% COMPENSATING FACTORS: Nice, clean, updated collateral, Recent mortgage paid AA (closed 2023, one-ff late in 2019 – all before and after was AA) and Assets for reserves – 3years of additional reserves on top of required reserve requirement of 9339.12 |  |  |  | 02/05/2025 B | 2 | 01/XX/2025 | PA | 1 | 1 C B | C | A |  | Non-QM | 1 |
| 1973033 | XX | XX | XX | 7144512 | 851 | 02/05/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | EXCEPTION MAX payment shock is 2.5x when DTI is over 45% enough consideration taken when departing is Free & Clear |  | DEVIATION: DTI over 45% for fixed income borrowers. Actual DTI: 45.957% COMPENSATING FACTORS: Nice, clean, updated collateral, Recent mortgage paid AA (closed 2023, one-ff late in 2019 – all before and after was AA) and Assets for reserves – 3years of additional reserves on top of required reserve requirement of 9339.12 |  |  |  | 02/05/2025 B | 2 | 01/XX/2025 | PA | 1 | 1 C B | C | A |  | Non-QM | 1 |
| 1973064 | XX | XX | XX | 7132333 | 437 | 02/07/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Missing/Incomplete Verbal VOE |  | VVOE is missing from this file for both borrowers | received VVOE's |  |  | 02/10/2025 |  | A | 1 | 01/XX/2025 | FL | 1 | 13 D A | A | A |  | Non-QM | 1 |
| 1983888 | XX | XX | XX | 7144563 | 851 | 02/28/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Self Employment under 12 months ownership. |  | Exception granted: Low DTI 17.5, As agreed mortgage and overall credit history, Reasonable payment shock, Business was transferred from family to borrower whom has been employed there over 2 years |  |  |  | 02/28/2025 B | 2 | 02/XX/2025 | MA | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1983889 | XX | XX | XX | 7132579 | 894 | 02/25/2025 | Compliance | Compliance |  | Compliance - TRID LE- Other |  | LE is missing, there's no LE provided. | Information provided |  |  | 02/27/2025 |  | A | 1 | 02/XX/2025 | NC | 1 | 13 C B | C | A |  | Non-QM | 1 |
| 1983889 | XX | XX | XX | 7132580 | 884 | 02/25/2025 | Compliance | Compliance |  | Compliance - Pending Internal completion of compliance fee tests. Additional conditions may apply. |  |  | Information provided |  |  | 02/27/2025 |  | A | 1 | 02/XX/2025 | NC | 1 | 13 C B | C | A |  | Non-QM | 1 |
| 1983889 | XX | XX | XX | 7132581 | 851 | 02/28/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Guideline- $500K is the maximum loan amount. Deviation Request-Sr. Management approval for loan amount over $500k. |  | Compensating Factors- 40 yrs self-employed, good mortgage history, 40% equity in the home, 58% LTV and using cashout to consolidate debt. |  |  |  | 02/28/2025 B | 2 | 02/XX/2025 | NC | 1 | 13 C B | C | A |  | Non-QM | 1 |
| 1983889 | XX | XX | XX | 7132582 | 851 | 02/28/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Sr. Management approval to use 5% expense factor on bk statements. |  | Compensating Factors- 40 yrs self-employed, good mortgage history, 40% equity in the home, 58% LTV and using cashout to consolidate debt. |  |  |  | 02/28/2025 B | 2 | 02/XX/2025 | NC | 1 | 13 C B | C | A |  | Non-QM | 1 |
| 1983889 | XX | XX | XX | 7132583 | 320 | 03/03/2025 | Credit | UW Assets |  | UW Assets - UW - Asset Other |  | 3 months verification of reserves missing from file. Cash out proceeds used as reserves however, net proceeds can only be used with a minimum FICO of 700. Borrower FICO 650. | FICO exception for reserves reflected in loan details of loan approval |  | Client 03/03/2025 04:41 PM; Fico exception for reserves reflected in loan details of loan approval. Thank you. <br>Reviewer 03/04/2025 05:56 AM; Condition has been reviewed. Thx<br>| 03/04/2025 |  | A | 1 | 02/XX/2025 | NC | 1 | 13 C B | C | A |  | Non-QM | 1 |
| 1983907 | XX | XX | XX | 7132632 | 1055 | 02/24/2025 | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | The bridge loan CD is missing from the loan file. Additionally, the loan approval and final 1003 indicate the borrowers personal bank statement income was duplicated when determining their qualifying income. Provide updated loan approval and 1003 removing the duplicate $17069.57 from the qualifying income. Credit review is on hold until documents are received. | Bridge CD provided, def cited for income |  |  | 02/26/2025 |  | A | 1 | 02/XX/2025 | WA | 1 | 1 D A | A | A |  | Non-QM | 1 |
| 1983907 | XX | XX | XX | 7132633 | 330 | 02/25/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | the loan approval and final 1003 indicate the borrowers personal bank statement income was duplicated when determining their qualifying income. Provide updated loan approval and 1003 removing the duplicate $17069.57 from the qualifying income- causing DTI over 50% | received revised 1008 & 1003/ DTI under 50% |  |  | 03/03/2025 |  | A | 1 | 02/XX/2025 | WA | 1 | 1 D A | A | A |  | Non-QM | 1 |
| 1983907 | XX | XX | XX | 7132634 | 336 | 02/25/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | Supply CPA license/certifications | received CPA verification |  |  | 02/25/2025 |  | A | 1 | 02/XX/2025 | WA | 1 | 1 D A | A | A |  | Non-QM | 1 |
| 1983907 | XX | XX | XX | 7132635 | 384 | 02/25/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Self-Employment status required |  | Supply satisfactory evidence from Secretary of the State for business used in repayment | received from Washington SOS |  |  | 02/25/2025 |  | A | 1 | 02/XX/2025 | WA | 1 | 1 D A | A | A |  | Non-QM | 1 |
| 1983907 | XX | XX | XX | 7132636 | 336 | 02/25/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | Self employment questionnaire to be signed by borrower | Information provided |  |  | 03/04/2025 |  | A | 1 | 02/XX/2025 | WA | 1 | 1 D A | A | A |  | Non-QM | 1 |
| 1983907 | XX | XX | XX | 7132637 | 437 | 02/25/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Missing/Incomplete Verbal VOE |  | Satisfactory verbal verification of employment | received VVOE |  |  | 02/25/2025 |  | A | 1 | 02/XX/2025 | WA | 1 | 1 D A | A | A |  | Non-QM | 1 |
| 1982758 | XX | XX | XX | 7135896 | 851 | 02/26/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Guideline-Max loan size is $1 million. Deviation Request- loan amount is $xx |  | Compensating Factors-780 fico, pride in ownership living in primary 10 years, experienced investor, good collateral, ok assets and no derogatory since 2018 |  |  |  | 02/26/2025 B | 2 | 02/XX/2025 | WA | 3 | 3 C B | N/A | N/A C B |  | Exempt | 1 |
| 1982758 | XX | XX | XX | 7135897 | 270 | 02/28/2025 | Valuation | UW Collateral |  | UW Collateral - UW - Satisfactory 2nd Appraisal Report |  | Loan amounts greater than $1.5M require a full 2nd appraisal report. Final loan amount for subject property is $xx |  | Received Exception approval for loan amount/ Compensating Factors-780 fico, pride in ownership living in primary 10 years, experienced investor, good collateral, ok assets and no derogatory since 2018 |  |  |  | 03/03/2025 B | 2 | 02/XX/2025 | WA | 3 | 3 C B | N/A | N/A C B |  | Exempt | 1 |
| 1983922 | XX | XX | XX | 7144532 | 862 | 02/27/2025 | Compliance | Deed of Trust/Mortgage |  | Deed of Trust/Mortgage - Other: |  | Need corrected DOT signed by individual xx. Please also include a LOI to re-record. | Information provided |  | Reviewer 03/25/2025 12:11 PM; LOI to re-record has not been provided<br>Client 03/25/2025 12:17 PM; Hi, updated documents provided directly from title, these have already been sent for recording. Thanks.<br>Reviewer 03/25/2025 12:30 PM; <br>Reviewer 03/26/2025 12:51 PM; This has been cleared <br>Thanks<br>| 03/26/2025 |  | A | 1 | 02/XX/2025 | CA | 1 | 1 C A | C | A |  | Non-QM | 1 |
| 1983922 | XX | XX | XX | 7144533 | 861 | 02/27/2025 | Compliance | Note |  | Note - Other: |  | Need corrected note signed by xx as individual (note also incorrectly has a "B" above the signature line). | Information provided |  |  | 03/25/2025 |  | A | 1 | 02/XX/2025 | CA | 1 | 1 C A | C | A |  | Non-QM | 1 |
| 1983922 | XX | XX | XX | 7144534 | 351 | 02/28/2025 | Credit | UW Qualifications |  | UW Qualifications - UW - DTI exceeds maximum limit |  | Max DTI for fixed income borrowers is 45%. The subject loan closed with a DTI of 45.299% | received management approval for DTI/Owns primary home f&C and lived there for 39 years, Score 812, LTV 66% |  |  | 03/02/2025 |  | A | 1 | 02/XX/2025 | CA | 1 | 1 C A | C | A |  | Non-QM | 1 |
| 1993200 | XX | XX | XX | 7135839 | 1067 | 03/20/2025 | Credit | Flood Insurance |  | Flood Insurance - Policy address is incorrect or missing |  | The address on the flood cert reflects xx. Should be xx per note in file. | Information provided |  |  | 03/25/2025 |  | A | 1 | 03/XX/2025 | KS | 3 | 1 C A | N/A | N/A |  | Exempt | 1 |
| 12025031408 | XX | XX | XX | 7139670 | 851 | 05/12/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Exception for the borrower to verify housing history with just a VOR from a private landlord. Borrower has paid cash and is unable to verify further with bank statements or checks. |  | Compensating Factors: Over 4 months additional reserves (13 months) than required; Residual income over $3,000 ($4739); self-employed over 2 years and in the same business over 5 years. |  |  |  | 05/12/2025 B | 2 | 03/XX/2025 | CT | 1 | 1 C B | A | A |  | Exempt | 1 |
| 12025011244 | XX | XX | XX | 7136214 | 328 | 04/03/2025 | Credit | UW Credit |  | UW Credit - UW - Satisfactory 12 mth Mortgage |  | The borrower's housing payment history was 1\*30 in the past 12 months, where guidelines required 0\*30 payment history. |  | Compensating factors: 11 months reserves where only 2 months are required. |  |  |  | 04/03/2025 B | 2 | 03/XX/2025 | NY | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 12025011244 | XX | XX | XX | 7136215 | 387 | 04/03/2025 | Credit | UW Credit |  | UW Credit - UW - Taxes and Insurance documentation |  | The hazard insurance with rent loss coverage is missing. The policy provided is for the borrower's primary residence. | Received HOI with Fair Rental coverage of >6 months |  |  | 04/07/2025 |  | A | 1 | 03/XX/2025 | NY | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 12025030696 | XX | XX | XX | 7136930 | 219 | 04/10/2025 | Credit | HUD1 |  | HUD1 - Final HUD-1 is missing |  | Please provide the final settlement statement. | Information provided |  | Reviewer 04/22/2025 12:06 PM; SS provided does not reflect escrows. 1st payment letter reflects escrows are collected. Please provide the final SS reflecting escrows collected<br>| 04/25/2025 |  | A | 1 | 03/XX/2025 | MO | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| 12025030696 | XX | XX | XX | 7137432 | 350 | 04/18/2025 | Credit | UW Qualifications |  | UW Qualifications - UW - LTV/CLTV does not meet parameters |  | The LTV of 80% exceeds the maximum allowed of 75% for a Cash-Out refinance on the DSCR program |  | Received exception approval/ Comp Factors - reserves 48 months, score 763, 10 year experienced investor |  |  |  | 04/24/2025 B | 2 | 03/XX/2025 | MO | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| 12025011758 | XX | XX | XX | 7137613 | 423 | 04/20/2025 | Credit | UW Collateral |  | UW Collateral - UW - Appraisal Correction/Clarification |  | Missing appraiser comment or Form 1004D confirming the completion of missing handrails on rear stairs. The rear photo of the property shows that the subject appears to lack handrails on the exit steps, which may pose a safety hazard. | 1004D provided |  |  | 05/27/2025 |  | A | 1 | 04/XX/2025 | NJ | 3 | 3 D A | N/A | N/A |  | Exempt | 1 |
| 12025011758 | XX | XX | XX | 7137616 | 998 | 04/20/2025 | Credit | UW Other |  | UW Other - UW - Title Commitment is missing or requires correction. |  | Title evidence is currently missing from the loan file. Provide the title documentation for the subject transaction. | Title received |  |  | 04/22/2025 |  | A | 1 | 04/XX/2025 | NJ | 3 | 3 D A | N/A | N/A |  | Exempt | 1 |
| 12025011758 | XX | XX | XX | 7137617 | 431 | 04/20/2025 | Credit | UW Assets |  | UW Assets - UW - Verification of assets (statements/VOD) incomplete/missing |  | The asset printout covering 03/01 through 03/31 does not meet guidelines. The transaction printout is missing the following does not include all deposits and withdrawals for the period, the website URL, and the previous closing balance. | Bank Stamped LOE provided. |  | Client 05/27/2025 07:37 AM; Our guidelines do not require deposits on DSCR to be sourced. Large deposits are specific to income qualifying loans. VOD is permitted. <br>Reviewer 05/27/2025 08:36 AM; Condition has been reviewed. Thx<br>| 05/27/2025 |  | A | 1 | 04/XX/2025 | NJ | 3 | 3 D A | N/A | N/A |  | Exempt | 1 |
| 12025030501 | XX | XX | XX | 7137539 | 330 | 04/19/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Copy of the private party note with xx - must meet guidelines. | VOM is permitted. Per guidelines, private mortgage is classified as mortgage lender is a natural person; Loan Founder is not considered private per guidelines. |  | Client 04/29/2025 11:06 AM; VOM is permitted. Per guidelines, private mortgage is classified as mortgage lender is a natural person; Loan Founder is not considered private per guidelines. <br>Reviewer 04/29/2025 11:37 AM; Condition has been reviewed. Thx<br>| 04/29/2025 |  | A | 1 | 04/XX/2025 | NJ | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 12025030501 | XX | XX | XX | 7137540 | 330 | 04/19/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Cancelled checks/bank statements for subject current note with xx, private party $1898.88 missing from file. | VOM is permitted. Per guidelines, private mortgage is classified as mortgage lender is a natural person; Loan Founder is not considered private per guidelines. |  | Client 04/29/2025 11:06 AM; VOM is permitted. Per guidelines, private mortgage is classified as mortgage lender is a natural person; Loan Founder is not considered private per guidelines. <br>Reviewer 04/29/2025 11:37 AM; Condition has been reviewed. Thx<br>| 04/29/2025 |  | A | 1 | 04/XX/2025 | NJ | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 12025020687 | XX | XX | XX | 7137592 | 271 | 04/20/2025 | Valuation | UW Collateral |  | UW Collateral - UW - Collateral not acceptable/warrantable |  | The subject property is a 3-plex where units 2 and 3 have less than 400 sq ft of Gross Living Area. The guidelines require all units in a property to have a minimum of 400 square feet. |  | Exception approval received/ Comp Factors - Reserves 97 months, Score 764, DSCR 1.59% |  |  |  | 04/21/2025 B | 2 | 04/XX/2025 | NJ | 3 | 13 C B A | N/A | N/A C B |  | Exempt | 1 |
| 12025020743 | XX | XX | XX | 7137586 | 330 | 04/20/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | The loan being refinanced is a balloon note that has expired. |  | Comp factors: 0\*30 mortgage history for 9 years, Benefit to borrower is rate decrease from 11.5% to 8.25%, LTV of 70% |  |  |  | 04/20/2025 B | 2 | 03/XX/2025 | PA | 3 | 3 C B | N/A | N/A |  | Exempt | 1 |
| 12025020115 | XX | XX | XX | 7137611 | 330 | 04/20/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Missing documentation confirming that the borrower is a US citizen as stated on the final 1003/application. The file has a copy of an unexpired Permanent Resident Alien card suggesting that the borrower is not a US citizen. If it is determined that the borrower is a Permanent Resident Alien a revised final signed 1003 will be required showing the correct citizenship status. | Revised 1003 reflects PRA |  | Client 04/29/2025 11:13 AM; please see attached revised 1003 reporting Borrower is Permanent Resident Alien; Per sales team the Borrower will not respond to their phone calls and emails and we are unable to get the 1003 re-signed. <br>Reviewer 04/29/2025 11:37 AM; Condition has been reviewed. Thx<br>| 04/29/2025 |  | A | 1 | 04/XX/2025 | FL | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 12025030787 | XX | XX | XX | 7138005 | 320 | 04/24/2025 | Credit | UW Assets |  | UW Assets - UW - Asset Other |  | Settlement statement provided does not show the entire statement and is partially cut off at the bottom. Provide full settlement statement. | Received clear complete CD |  |  | 04/24/2025 |  | A | 1 | 04/XX/2025 | TX | 3 | 1 C A | N/A | N/A |  | Exempt | 1 |
| 12025031021 | XX | XX | XX | 7137840 | 389 | 04/22/2025 | Credit | UW Credit |  | UW Credit - UW - Fraud Alert documentation |  | Provide fraud report with all high alerts cleared. Fraud report provided did not reflect all high alerts cleared. | CoreLogic Report provided |  |  | 04/29/2025 |  | A | 1 | 04/XX/2025 | CA | 3 | 3 C B | N/A | N/A |  | Exempt | 1 |
| 12025031021 | XX | XX | XX | 7137841 | 455 | 04/22/2025 | Credit | UW Qualifications |  | UW Qualifications - UW - Does not meet requirement for Financed Prop |  | Guidelines allow for a 2–4-unit single property. Subject property reflected two-unit, but the property is two separate buildings and is not eligible for financing. |  | Exception approval received for 2 separate buildings. Comp Factors - score 715, LTV 75%, 100 months reserves, CDA with -0- variance |  |  |  | 05/12/2025 B | 2 | 04/XX/2025 | CA | 3 | 3 C B | N/A | N/A |  | Exempt | 1 |
| 12025011612 | XX | XX | XX | 7140597 | 219 | 05/13/2025 | Credit | HUD1 |  | HUD1 - Final HUD-1 is missing |  | Please provide the final HUD-1 settlement statement. | Information provided |  |  | 05/15/2025 |  | A | 1 | 04/XX/2025 | NJ | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 12025011612 | XX | XX | XX | 7140644 | 330 | 05/13/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | The CD/HUD was not included with the loan file. Return to Auditor when closing disclosure is provided. | Signed HUD provided. |  |  | 05/15/2025 |  | A | 1 | 04/XX/2025 | NJ | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 12025030778 | XX | XX | XX | 7139114 | 436 | 05/06/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Missing/Incomplete VOE |  | Missing verbal VOE dated within 20 business days of closing per guideline requirements. CPA letter dated 3/XX/2025 and settlement date was 4/XX/2025. | Received third party VOE within 10 days |  |  | 05/06/2025 |  | A | 1 | 04/XX/2025 | CA | 3 | 1 D A | N/A | N/A |  | Exempt | 1 |
| 12025030778 | XX | XX | XX | 7138665 | 336 | 05/02/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | Provide bank statement analysis for all borrowers. | received bank statement income worksheet |  |  | 05/06/2025 |  | A | 1 | 04/XX/2025 | CA | 3 | 1 D A | N/A | N/A |  | Exempt | 1 |
| 12025030778 | XX | XX | XX | 7138666 | 1018 | 05/02/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Self-Employed verify business |  | Provide verification of business existence within 10 days of close through a disinterested 3rd party. | Received third party VOE within 10 days |  |  | 05/06/2025 |  | A | 1 | 04/XX/2025 | CA | 3 | 1 D A | N/A | N/A |  | Exempt | 1 |
| 12025031333 | XX | XX | XX | 7138194 | 72 | 04/25/2025 | Compliance | Closing Package |  | Closing Package - |  | Signed and dated Initial 12 Day Notice Concerning Extension of Credit (form version 12/XX/2007) by each owner. | Information provided |  |  | 05/02/2025 |  | A | 1 | 04/XX/2025 | TX | 1 | 13 C A | C | A |  | Exempt | 1 |
| 12025032676 | XX | XX | XX | 7138574 | 1109 | 05/01/2025 | Valuation | UW Collateral TPR |  | UW Collateral TPR - UW - Third collateral evaluation is required. |  | Provide a BPO or full appraisal as the CDA value exceeds 10% of the appraised value | Field review received |  | Client 05/02/2025 02:24 PM; If the Desk Appraisal or BPO reflects a value more than 10% below the appraised value, the <br> value of the Desk Review or BPO would be used (maximum 20% below the appraised value). The CDA value was used to qualify $xx. Additional field review is not required. <br>Reviewer 05/05/2025 04:42 AM; A 3rd for value is required for grading purposes. Thank you <br>| 05/28/2025 |  | B | 2 | 04/XX/2025 | NJ | 3 | 13 D B A | N/A | N/A C B |  | Exempt | 1 |
| 12025032676 | XX | XX | XX | 7138575 | 378 | 05/01/2025 | Credit | UW Other |  | UW Other - UW - Initial/Final 1003 incomplete/missing |  | Provide signed final loan application. | Received final signed xx loan application |  |  | 05/01/2025 |  | A | 1 | 04/XX/2025 | NJ | 3 | 13 D B A | N/A | N/A C B |  | Exempt | 1 |
| 12025021168 | XX | XX | XX | 7139236 | 389 | 05/06/2025 | Credit | UW Credit |  | UW Credit - UW - Fraud Alert documentation |  | Missing fraud report with all high and medium alerts cleared. | Documents received |  | Client 05/16/2025 05:44 PM; Please final clear fraud guard uploaded for your review. Thank you. <br>Reviewer 05/19/2025 07:27 AM; Condition has been reviewed. Thx<br>| 05/19/2025 |  | A | 1 | 04/XX/2025 | NY | 3 | 1 D A | N/A | N/A |  | Exempt | 1 |
| 12025021168 | XX | XX | XX | 7139237 | 445 | 05/06/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Other income documentation missing/incomplete |  | Provide bank statement analysis worksheet for borrower. | Documents received |  | Client 05/16/2025 05:45 PM; Please income calc worksheet uploaded for your review. Thank you. <br>Reviewer 05/19/2025 07:27 AM; Condition has been reviewed. Thx<br>| 05/19/2025 |  | A | 1 | 04/XX/2025 | NY | 3 | 1 D A | N/A | N/A |  | Exempt | 1 |
| 12025021168 | XX | XX | XX | 7139238 | 445 | 05/06/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Other income documentation missing/incomplete |  | Provide evidence CPA was verified. No documentation verifying the CPA was provided. | Documents received |  | Client 05/16/2025 05:48 PM; Please see uploaded proof of CPA. Thank you. <br>Reviewer 05/19/2025 07:27 AM; Condition has been reviewed. Thx<br>| 05/19/2025 |  | A | 1 | 04/XX/2025 | NY | 3 | 1 D A | N/A | N/A |  | Exempt | 1 |
| 12025021168 | XX | XX | XX | 7139242 | 399 | 05/06/2025 | Credit | UW Assets |  | UW Assets - UW - Gift Letter (fully executed) |  | Per guidelines, provide documentation that gift funds in the amount of $158,000 were sourced and provided at closing/transferred. | Wire Confirmation provided matches the same account number and bank name as the gift letter. |  | Client 05/16/2025 05:49 PM; Please find uploaded email confirmation from Team Lead confirming per guidelines item #4 on his email what our guidelines do not require. Thanks so much. <br>Reviewer 05/19/2025 07:26 AM; Documentation that the $158,000.00 gift was transferred to the Title Company was not in the file. The HUD did not show a gift nor was there a wire confirmation in the file. <br>Reviewer 05/19/2025 09:04 AM; Documentation that the $158,000.00 gift was transferred to the Title Company was not in the file. The HUD did not show a gift nor was there a wire confirmation in the file.<br>Client 05/19/2025 04:40 PM; Please find uploaded confirmation of the wire to the Title company of gift less than the $158k Borrower thought needed for closing. Thank you <br>Reviewer 05/19/2025 06:45 PM; Condition has been reviewed. Thx<br>| 05/19/2025 |  | A | 1 | 04/XX/2025 | NY | 3 | 1 D A | N/A | N/A |  | Exempt | 1 |
| 12025010950 | XX | XX | XX | 7139337 | 1024 | 05/07/2025 | Credit | UW Assets |  | UW Assets - UW - Gift Receipt |  | Provide copy of wire confirmation, to title company, for gift funds received in the amount of $2500 | Confirmation provided |  | Client 05/08/2025 12:39 PM; Please find uploaded gift wire confirmation to closing Attorney. Thank you. <br>Reviewer 05/08/2025 01:06 PM; Condition has been reviewed. Thx<br>| 05/08/2025 |  | A | 1 | 04/XX/2025 | NY | 3 | 1 C A | N/A | N/A |  | Exempt | 1 |
| 12025031871 | XX | XX | XX | 7138625 | 201 | 05/01/2025 | Credit | Hazard Insurance |  | Hazard Insurance - is missing. |  | Hazard Policy is missing from file. | Information provided |  |  | 05/08/2025 |  | A | 1 | 04/XX/2025 | NY | 3 | 1 C A | N/A | N/A |  | Exempt | 1 |
| 1992422 | XX | XX | XX | 7138992 | 851 | 03/17/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Guideline- Program requires 12 months cancelled rent checks. Deviation Request-Borrower is close family friends with the seller and because of that only has handwritten rent receipts. |  | Compensating Factors: 9 years self-employed; 13 years credit depth; Perfect credit. |  |  |  | 03/18/2025 B | 2 | 03/XX/2025 | TX | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1992399 | XX | XX | XX | 7139069 | 1055 | 03/04/2025 | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | The final CD from the bridge loan is missing from the loan file. The credit review is on hold until documents received. | Documents provided |  |  | 05/05/2025 |  | A | 1 | 02/XX/2025 | TX | 1 | 1 C A | A | A |  | Non-QM | 1 |
| 1992399 | XX | XX | XX | 7139070 | 351 | 03/04/2025 | Credit | UW Qualifications |  | UW Qualifications - UW - DTI exceeds maximum limit |  | The maximum DTI is 50% for this loan program. The DTI for this loan is at 51.063% using the debts from the 1/XX/2025 credit report other debt=$288.00 and total debts are $4,481.42/income $8,776.26=51.063%. | Bonus income of $811.20 supported YTD, previous years paystubs and TWN. DTI 46.74% |  | Reviewer 03/10/2025 10:09 PM; The final 1003 & 1008 provided reflect income of $8,776 and the loan approval and UW analysis received reflect income of $9,588. Provide the income analysis worksheet to reflect how income was determined to be $9,588 and also update the 1008 and 1003 to match income. The debt on the credit report dated 1/23/25 reflects $283 monthly debt and does not match the 1003 and 1008 provided.<br>Client 03/13/2025 12:24 PM; The $8,776.26 figure is borrower's current base salary pay. Then added bonus income of $811.20/mo, which is calculated by averaging 2024 and 2023 bonus income per the worknumber. The YTD paystub also shows a bonus figure in line with the average, which is also reported on the WN. <br>Reviewer 03/13/2025 12:44 PM; Condition has been reviewed. Thx<br>| 03/13/2025 |  | A | 1 | 02/XX/2025 | TX | 1 | 1 C A | A | A |  | Non-QM | 1 |
| 1992388 | XX | XX | XX | 7138996 | 1055 | 03/13/2025 | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | The borrower's credit report, REO schedule and REO supporting documents are missing from the loan file. The credit review is on hold until documents are received. | Documentation received |  |  | 03/13/2025 |  | A | 1 | 03/XX/2025 | FL | 1 | 1 C A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1992388 | XX | XX | XX | 7138997 | 387 | 03/13/2025 | Credit | UW Credit |  | UW Credit - UW - Taxes and Insurance documentation |  | Satisfactory evidence mortgage with xx of $1440 includes taxes and insurance on primary home for non occupant co-borrower | xx $1440 - confirmed this includes taxes and insurance |  |  | 03/13/2025 |  | A | 1 | 03/XX/2025 | FL | 1 | 1 C A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1992409 | XX | XX | XX | 7138998 | 1055 | 03/09/2025 | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | The 2nd appraisal in the amount of $xx and final bridge CD are missing from the loan file. The credit review is on hold until documents are received. | Documents received |  |  | 03/10/2025 |  | A | 1 | 03/XX/2025 | UT | 1 | 1 A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1992427 | XX | XX | XX | 7138999 | 384 | 03/05/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Self-Employment status required |  | Satisfactory evidence borrower owns business 100% | received business ownership documentation |  | Client 03/06/2025 02:44 PM; Docs uploaded confirm borrower's sole ownership. Thank you. <br>Reviewer 03/06/2025 05:27 PM; Condition has been reviewed. Thx<br>| 03/06/2025 |  | A | 1 | 02/XX/2025 | OH | 1 | 1 C A | A | A |  | Non-QM | 1 |
| 1992395 | XX | XX | XX | 7139000 | 1055 | 03/06/2025 | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | The bridge loan CD is missing from the loan file. The credit review is on hold until documents are received. | Documents received |  |  | 03/11/2025 |  | A | 1 | 02/XX/2025 | CO | 1 | 1 A | A | A |  | Non-QM | 1 |
| 1992390 | XX | XX | XX | 7139001 | 851 | 03/19/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Provide final loan approval with Exception for bridge property to not be listed for 60 days due to the borrower making renovations and prepping to sell and move out. | Received Mgmt approval for delayed listing of departing property/ Compensating Factors - Stable residence - 21 years, score 798, residual income $5,000 |  | Reviewer 03/19/2025 01:14 PM; Please provide additional documentation of borrower's departing residence is currently listed. According to LOE in file he is not listing it for 60 days from the date of his memo 2/27/25<br>| 03/19/2025 |  | A | 1 | 03/XX/2025 | AZ | 1 | 1 C A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1992400 | XX | XX | XX | 7139003 | 1055 | 03/12/2025 | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | The paystubs for both borrowers, the Bridge loan CD and the Final CD for Sold Property are missing from the loan file. The credit review is on hold until documents are received. | Documents received |  |  | 03/12/2025 |  | A | 1 | 02/XX/2025 | ID | 1 | 1 C A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1992400 | XX | XX | XX | 7139004 | 330 | 03/12/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | DTI over 50% with no evidence xx paid per LA, and omitted debts of xx | information provided and accepted |  |  | 03/13/2025 |  | A | 1 | 02/XX/2025 | ID | 1 | 1 C A | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1992393 | XX | XX | XX | 7139052 | 894 | 03/04/2025 | Compliance | Compliance |  | Compliance - TRID LE- Other |  | Missing LE the one provided is not for subject property. It's for a different property. | Information provided |  |  | 03/14/2025 |  | A | 1 | 02/XX/2025 | TN | 1 | 1 C B | C | A |  | Safe Harbor QM (APOR) | 1 |
| 1992393 | XX | XX | XX | 7139053 | 884 | 03/04/2025 | Compliance | Compliance |  | Compliance - Pending Internal completion of compliance fee tests. Additional conditions may apply. |  |  | Information provided |  | Client 03/14/2025 11:29 AM; Hi, please clear. Thanks.<br>Reviewer 03/14/2025 11:59 AM; Hello <br> This has been cleared. <br>Thanks<br>Reviewer 03/14/2025 12:13 PM; <br>| 03/14/2025 |  | A | 1 | 02/XX/2025 | TN | 1 | 1 C B | C | A |  | Safe Harbor QM (APOR) | 1 |
| 1992393 | XX | XX | XX | 7139054 | 1055 | 03/06/2025 | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | The bridge loan CD is missing from the loan file. The credit review is on hold until documents are received. | Documentation provided |  |  | 03/06/2025 |  | A | 1 | 02/XX/2025 | TN | 1 | 1 C B | C | A |  | Safe Harbor QM (APOR) | 1 |
| 1992393 | XX | XX | XX | 7139055 | 851 | 03/06/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Guideline-Loan size under $250k Deviation Request-Loan amount is $xx |  | Compensating Factors-Good pride in ownership living in primary 42 years, 777/806 FICO, no derogs, mtgs paid AA. |  |  |  | 03/06/2025 B | 2 | 02/XX/2025 | TN | 1 | 1 C B | C | A |  | Safe Harbor QM (APOR) | 1 |
| 1988089 | XX | XX | XX | 7144517 | 1055 | 03/13/2025 | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | The 2nd appraisal is missing from the loan file. Credit review is on hold until documents are received. | TPS Image Processing |  |  | 06/25/2025 |  | A | 1 | 03/XX/2025 | NH | 1 | 13 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1988089 | XX | XX | XX | 7144518 | 851 | 03/15/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Guideline-Max cash-out is $1 million Deviation Request-Cash-out is over $1 million |  | Compensating Factors-759 Fico, low ltv 46%, plenty of reserves prior to refinance, in home for 15 yrs and good credit. |  |  |  | 03/15/2025 B | 2 | 03/XX/2025 | NH | 1 | 13 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1992403 | XX | XX | XX | 7139012 | 1055 | 03/17/2025 | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | The bridge loan CD is missing from the loan file. The credit review is on hold until documents are received. | Documents received |  |  | 03/17/2025 |  | A | 1 | 03/XX/2025 | CA | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1992403 | XX | XX | XX | 7139013 | 851 | 03/17/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Guideline- Payment shock is 3.0x when DTI is less than 45% Deviation Request- Payment shock of 3.20 with < 45% DTI. |  | Compensating Factors-Excellent credit, no derogatory credit on credit report, low LTV for loan program, strong employment history, job time indicates stability and likelihood of continued income flow and high cash reserve level. |  |  |  | 03/17/2025 B | 2 | 03/XX/2025 | CA | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1992403 | XX | XX | XX | 7139014 | 339 | 03/17/2025 | Credit | UW Other |  | UW Other - UW - Data Input Error |  | Final 1003 needs to be updated to show the correct amount for xx $xx, 1003 shows $xx | received revised 1003 |  |  | 03/24/2025 |  | A | 1 | 03/XX/2025 | CA | 1 | 1 C B | A | A |  | Safe Harbor QM (APOR) | 1 |
| 1992404 | XX | XX | XX | 7139016 | 1055 | 03/17/2025 | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | The bridge loan CD is missing from the loan file. The credit review is on hold until documents are received. | Documents received |  |  | 03/17/2025 |  | A | 1 | 03/XX/2025 | CO | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1992404 | XX | XX | XX | 7139017 | 851 | 03/17/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | xx might be considered unacceptable. xx Acres Rural Property |  | Exception granted: Reserves $213,774, Paid as agreed departing residence, Low LTV 25.73% |  |  |  | 03/17/2025 B | 2 | 03/XX/2025 | CO | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1992404 | XX | XX | XX | 7139018 | 851 | 03/17/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Minimum Tradeline requirement of 2 active tradelines not met with 1 active tradeline |  | Exception granted: Reserves $213,774, Paid as agreed departing residence, Low LTV 25.73% |  |  |  | 03/17/2025 B | 2 | 03/XX/2025 | CO | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1992404 | XX | XX | XX | 7139019 | 330 | 03/17/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Supply evidence of monthly debt $341.27 included in DTI | The $341.27 was the T&I for the borrower's second home that was included in the DTI. |  |  | 03/17/2025 |  | A | 1 | 03/XX/2025 | CO | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1992404 | XX | XX | XX | 7139020 | 330 | 03/17/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Satisfactory evidence of no HOA on departing residence | Appraisal provided forxx reflects no HOA |  |  | 03/17/2025 |  | A | 1 | 03/XX/2025 | CO | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1992416 | XX | XX | XX | 7139021 | 330 | 03/19/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | \*CPA letter to verify the percentage of ownership of the business. CPA Letter to state there is a relationship between the borrower & the CPA and how long the borrower has been self employed | Borrower ownership of business not verified with CPA. Verified using provided bank statements showing DBA and online searches confirming business's existence. |  | Client 03/26/2025 05:25 PM; Borrower ownership of business not verified with CPA. Verified using provided bank statements showing DBA and online searches confirming business's existence. Thank you. <br>Reviewer 03/27/2025 07:52 AM; Condition has been addressed. Thx<br>| 03/27/2025 |  | A | 1 | 03/XX/2025 | CA | 1 | 13 C A | A | A |  | Non-QM | 1 |
| 1992428 | XX | XX | XX | 7139022 | 851 | 03/18/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Max LTV for Escrow waiver is 60%. Transaction is 61.76% LTV |  | Exception allowing impounds with a 61.76% LTV. Compensating factors: Excellent credit, no derogatory credit on credit report, low LTV for loan program, low debt ratio, high residual income, high cash reserves. |  |  |  | 03/18/2025 B | 2 | 03/XX/2025 | FL | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1992428 | XX | XX | XX | 7139023 | 320 | 03/19/2025 | Credit | UW Assets |  | UW Assets - UW - Asset Other |  | Provide CD from Bridge loan reflecting $199,694.32 proceeds. Return to Auditor when TDOC is uploaded. | CD dated 3/6/2025 provided Proceeds to borrower $199,903.32 |  |  | 03/19/2025 |  | A | 1 | 03/XX/2025 | FL | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1992407 | XX | XX | XX | 7144581 | 330 | 03/21/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Satisfactory evidence of xx rents of $2512 for departing residence | received revised REO |  | Reviewer 03/24/2025 08:38 AM; xx rents received reflects rent of $1,884<br>| 03/24/2025 |  | A | 1 | 03/XX/2025 | PA | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1992407 | XX | XX | XX | 7144582 | 330 | 03/21/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Satisfactory evidence of HOA of $150.42 for departing residence | received HOA |  |  | 03/24/2025 |  | A | 1 | 03/XX/2025 | PA | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1992407 | XX | XX | XX | 7144578 | 851 | 03/21/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Borrower self employment started 4/24- less than 2 year history |  | Exception granted: Mortgage history paid as agreed, Reserves over $533k, Residual income over $10k, 57% LTV |  |  |  | 03/21/2025 B | 2 | 03/XX/2025 | PA | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1992407 | XX | XX | XX | 7144579 | 330 | 03/21/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Supply satisfactory REO schedule | received revised REO |  |  | 03/24/2025 |  | A | 1 | 03/XX/2025 | PA | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1992407 | XX | XX | XX | 7144580 | 387 | 03/21/2025 | Credit | UW Credit |  | UW Credit - UW - Taxes and Insurance documentation |  | Satisfactory evidence mortgage with xx mtg of $1335 monthly includes full escrows for taxes and insurance for departing residence | received mortgage statement with escrows |  |  | 03/24/2025 |  | A | 1 | 03/XX/2025 | PA | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1992407 | XX | XX | XX | 7144583 | 851 | 03/24/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Guidelines require max payment shock of 2.5x when DTI is over 45%; Borrower payment shock is 2.598/DTI is 47.49 |  | Exception granted: Mortgage history paid as agreed, Reserves over $533k, Residual income over $10k, 57% LTV |  |  |  | 03/24/2025 B | 2 | 03/XX/2025 | PA | 1 | 1 C B | A | A |  | Non-QM | 1 |
| 1992435 | XX | XX | XX | 7144540 | 330 | 03/21/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Contributions exceed total closing costs. Contributions $62800 from Seller, $25000 from Realtor. Closing costs $68681.21. Note Borrower credit card $13536.95 paid off on CD and Borrower received $8211.12 back at closing. | Received management approval for seller contributions exceeding the closing costs. Fico 746, 30 year credit depth, reserves $1,792,000 |  | Reviewer 03/26/2025 10:16 AM; Contributions exceed total closing costs. <br>| 04/05/2025 |  | A | 1 | 03/XX/2025 | WA | 1 | 1 C B A | C | B C A |  | Safe Harbor QM (APOR) | 1 |
| 1992435 | XX | XX | XX | 7144541 | 330 | 03/21/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Minimum Borrower contribution $1, 1000,000 not met. Gift funds $1,000,000 + EM $96000. Borrower is short $4000 | The borrowers father gifted him $1,100,000.00. $1,000,000 was wired to title and the additional money came from a different account that the borrowers father gave him in February, and this is what the borrower used to pay the Earnest Money Deposit. |  | Reviewer 03/26/2025 10:15 AM; Cash to close is documented; however, the borrower did not have minimum contribution of $1,100,000<br>Client 04/03/2025 11:30 AM; The borrowers father gifted him $1,100,000.00. $1,000,000 was wired to title and the additional money came from a different account that the borrowers father gave him in February and this is what the borrower used to pay the Earnest Money Deposit. Thank you.<br>Reviewer 04/03/2025 12:33 PM; Condition has been reviewed. Thx<br>| 04/03/2025 |  | A | 1 | 03/XX/2025 | WA | 1 | 1 C B A | C | B C A |  | Safe Harbor QM (APOR) | 1 |
| 1992435 | XX | XX | XX | 7144536 | 884 | 03/18/2025 | Compliance | Compliance |  | Compliance - Pending Internal completion of compliance fee tests. Additional conditions may apply. |  |  | Information provided |  |  | 04/04/2025 |  | A | 1 | 03/XX/2025 | WA | 1 | 1 C B A | C | B C A |  | Safe Harbor QM (APOR) | 1 |
| 1992435 | XX | XX | XX | 7144537 | 898 | 03/18/2025 | Compliance | Compliance |  | Compliance - TRID- Fee Tolerance Violation |  | Tolerance exceeded by $200 due to the increase in the AMC(2nd) fee with no COC, please provide proof of refund, LOX and PCCD reflecting the cure within 60 days of consummation 3/XX/2025 | Information provided |  | Reviewer 03/25/2025 09:15 AM; Appraisal will not clear def. Refund is required<br>|  | 04/04/2025 | B | 2 | 03/XX/2025 | WA | 1 | 1 C B A | C | B C A |  | Safe Harbor QM (APOR) | 1 |
| 1992435 | XX | XX | XX | 7144538 | 272 | 03/21/2025 | Valuation | UW Collateral |  | UW Collateral - UW - Appraisal Other |  | 2nd full appraisal for loan amounts > $1.5 million missing from file. | received 2nd full appraisal within 97% of original value |  |  | 03/24/2025 |  | A | 1 | 03/XX/2025 | WA | 1 | 1 C B A | C | B C A |  | Safe Harbor QM (APOR) | 1 |
| 1992435 | XX | XX | XX | 7144539 | 330 | 03/21/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Updated Approval required. Income calculated as income qualifier, but program code reflects asset depletion. | Received asset depletion income calculation worksheet |  |  | 03/26/2025 |  | A | 1 | 03/XX/2025 | WA | 1 | 1 C B A | C | B C A |  | Safe Harbor QM (APOR) | 1 |
| 12025030910 | XX | XX | XX | 7140503 | 319 | 05/12/2025 | Credit | UW Assets |  | UW Assets - UW - Seller Credit exceeds limit |  | Seller contributions of $11,632.09 exceed actual costs of $10,741.09. | Statement provided for Borrowers large $425k deposit on 4/16/25. Along the bank statement that reflects the actual transfer from Borrowers acct in xx. With the conversion rate of 85.85 reflected on the bank statement with after conversion rate applied is exactly $425K. |  | Client 05/15/2025 04:07 PM; Please see the attached statement for Borrowers large $425k deposit on 4/16/25. Along the bank statement that reflects the actual transfer from Borrowers acct in India. With the conversion rate of 85.85 reflected on the bank statement with after conversion rate applied is exactly $425K. Thank you.<br>Reviewer 05/15/2025 05:22 PM; Condition has been reviewed. Thx<br>| 05/15/2025 |  | A | 1 | 04/XX/2025 | NJ | 3 | 1 C A | N/A | N/A |  | Exempt | 1 |
| 12025030843 | XX | XX | XX | 7141213 | 851 | 05/21/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Borrowers living rent free with anyone other than a spouse are ineligible. Prior to July 2024, borrower lived rent free with a brother, who was solely responsible for the rental payments. |  | Compensating Factors: Borrower is an experienced investor, subject property owned since 1986; Reserves (61+ months) > 4 months above guideline of 2 months |  |  |  | 05/21/2025 B | 2 | 04/XX/2025 | NJ | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| 12025030843 | XX | XX | XX | 7141214 | 851 | 05/21/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | 12 month housing history required. If renting from a private party, leases for each address to cover the most recent 12-month period are required, along with verification of timely payments made (either cancelled checks front and back or bank statements showing account ownership and payments debited by the landlord. In July 2024 borrower rented from a private party landlord at $3,100.00 per month. Exception to allow a private party VOR from July 2024 to present without full documentation. Borrower sometimes paid via cashier's checks, which are documented with bank statements, and sometimes in cash, which is not documented. |  | Compensating Factors: Borrower is an experienced investor, subject property owned since 1986; Reserves (61+ months) > 4 months above guideline of 2 months |  |  |  | 05/21/2025 B | 2 | 04/XX/2025 | NJ | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| 12025021595 | XX | XX | XX | 7141323 | 389 | 05/22/2025 | Credit | UW Credit |  | UW Credit - UW - Fraud Alert documentation |  | Missing fraud report with all high and medium alerts cleared. The fraud report provided does not reflect all alerts as cleared. | CoreLogic Report provided |  | Client 05/30/2025 09:04 AM; Please find final clear fraud guard uploaded for your review. Thank you. <br>Reviewer 05/30/2025 09:27 AM; Condition has been reviewed. Thx<br>| 05/30/2025 |  | A | 1 | 04/XX/2025 | MA | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 12025032325 | XX | XX | XX | 7140811 | 219 | 05/15/2025 | Credit | HUD1 |  | HUD1 - Final HUD-1 is missing |  | The Final Settlement Statement is missing from file. | Information provided |  |  | 05/27/2025 |  | A | 1 | 05/XX/2025 | CA | 3 | 1 C A | N/A | N/A |  | Exempt | 1 |
| 12025040103 | XX | XX | XX | 7140818 | 219 | 05/15/2025 | Credit | HUD1 |  | HUD1 - Final HUD-1 is missing |  | The Final Settlement Statement is missing from file. | Information provided |  |  | 06/05/2025 |  | A | 1 | 05/XX/2025 | AZ | 3 | 1 C A | N/A | N/A |  | Exempt | 1 |
| 12025040103 | XX | XX | XX | 7141350 | 1055 | 05/22/2025 | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | The asset depletion worksheet is missing from the loan file. The credit review is on hold until documents are received. | Documents received |  |  | 05/28/2025 |  | A | 1 | 05/XX/2025 | AZ | 3 | 1 C A | N/A | N/A |  | Exempt | 1 |
| 12025040962 | XX | XX | XX | 7140823 | 201 | 05/15/2025 | Credit | Hazard Insurance |  | Hazard Insurance - is missing. |  | Please provide current hazard policy. The policy in file is a quote. | Information provided |  |  | 05/23/2025 |  | A | 1 | 05/XX/2025 | NJ | 3 | 13 C A | N/A | N/A C |  | Exempt | 1 |
| 12025040962 | XX | XX | XX | 7141316 | 263 | 05/21/2025 | Valuation | UW Collateral |  | UW Collateral - UW - Appraisal Addendum Required |  | Appraiser to provide addendum correcting Owner of Public Record as well as correct sales history on subject property within past 6 mo. (see page 1 & 2 of appraisal). | Received revised appraisal |  |  | 06/03/2025 |  | A | 1 | 05/XX/2025 | NJ | 3 | 13 C A | N/A | N/A C |  | Exempt | 1 |
| 12025041640 | XX | XX | XX | 7141305 | 1068 | 05/21/2025 | Credit | UW Other |  | UW Other - Fraud Alert was not addressed |  | Fraud report required for each loan. Fraud report missing from documents. | CoreLogic Report provided |  |  | 05/23/2025 |  | A | 1 | 05/XX/2025 | MD | 3 | 3 C A | N/A | N/A |  | Exempt | 1 |
| 12025041640 | XX | XX | XX | 7140881 | 72 | 05/17/2025 | Credit | Closing Package |  | Closing Package - |  | Please provide the personal guaranty. | Information provided |  |  | 05/28/2025 |  | A | 1 | 05/XX/2025 | MD | 3 | 3 C A | N/A | N/A |  | Exempt | 1 |
| 12025032579 | XX | XX | XX | 7141468 | 851 | 05/23/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Provide documentation to verify that all equity owners of the subject property agreed to the terms of the buyout and provide evidence that all equity owners were paid through settlement. | The Corp didn't own the property so there would be no buyout agreement. This was an inheritance of the property into a cash out. |  | Client 06/12/2025 02:34 PM; Please find email uploaded from our SVP of Underwriting XX addressing the situation on this loan. Thanks so much. <br>Reviewer 06/12/2025 02:58 PM; Condition has been cleared Thx<br>| 06/12/2025 |  | A | 1 | 05/XX/2025 | FL | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 12025040541 | XX | XX | XX | 7141452 | 1108 | 05/23/2025 | Valuation | UW Collateral TPR |  | UW Collateral TPR - UW - Second collateral evaluation is required. |  | Provide secondary valuation as CU score was not determined. | Received FNMA score- 1.8 |  | Client 05/30/2025 05:00 PM; Please find FNMA SSR attached with a 1.8 score. Thank you. <br>Reviewer 06/01/2025 08:09 PM; Condition has been reviewed. Thx<br>| 06/01/2025 |  | A | 1 | 05/XX/2025 | PA | 3 | 13 C A | N/A | N/A C |  | Exempt | 1 |
| 12025040771 | XX | XX | XX | 7140882 | 666 | 05/17/2025 | Credit | Sales Contract |  | Sales Contract - Compliance \ Sales Contract missing |  | The Sales Contract was not found in the file. Provide document. | Information provided |  |  | 05/29/2025 |  | A | 1 | 05/XX/2025 | AZ | 3 | 1 C A | N/A | N/A |  | Exempt | 1 |
| 12025040913 | XX | XX | XX | 7141463 | 389 | 05/23/2025 | Credit | UW Credit |  | UW Credit - UW - Fraud Alert documentation |  | Provide fraud report with all high and medium alerts cleared. | Received Fraud Report |  |  | 05/28/2025 |  | A | 1 | 05/XX/2025 | NY | 3 | 13 C A | N/A | N/A C |  | Exempt | 1 |
| 12025040913 | XX | XX | XX | 7141464 | 272 | 05/23/2025 | Valuation | UW Collateral |  | UW Collateral - UW - Appraisal Other |  | Appraisal dated 04/XX/2025 reflected on page 1 Subject area the subject property was currently offer for sale or has been offered in the twelve months prior to the effective date of the appraisal (box marked YES); however, follow comment reflects has not been offered for sale. Provide clarification as to which is correct. | Received revised appraisal |  |  | 06/04/2025 |  | A | 1 | 05/XX/2025 | NY | 3 | 13 C A | N/A | N/A C |  | Exempt | 1 |
| 12025040416 | XX | XX | XX | 7141380 | 1068 | 05/22/2025 | Credit | UW Other |  | UW Other - Fraud Alert was not addressed |  | Fraud report not found in file. Fraud reports is required for every loan/borrower. | CoreLogic Report provided |  | Client 05/27/2025 08:56 AM; Please find uploaded clear fraud guard. <br>Reviewer 05/27/2025 09:32 AM; Please upload the Fraud Report again It appears to be corrupt and will not open Thx<br>Reviewer 05/27/2025 09:59 AM; Please upload the Fraud Report again It appears to be corrupt and will not open Thx <br>Client 05/27/2025 03:45 PM; My apologies for the file being corrupted. Please see uploaded fraud guard for your review. Thank you. <br>Reviewer 05/27/2025 07:03 PM; Condition has been reviewed. Thx<br>| 05/27/2025 |  | A | 1 | 05/XX/2025 | NJ | 1 | 3 C A | A | A |  | Exempt | 1 |
| 12025032649 | XX | XX | XX | 7141575 | 389 | 05/23/2025 | Credit | UW Credit |  | UW Credit - UW - Fraud Alert documentation |  | Provide evidence Borrower contacted regarding security/fraud alert reflected on credit report | Processor cert provided |  | Client 06/05/2025 12:52 PM; Please see processor's loe confirming her contact with Borrower. Thanks so much. <br>Reviewer 06/05/2025 01:29 PM; Condition has been reviewed. Thx<br>| 06/05/2025 |  | A | 1 | 05/XX/2025 | NJ | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| 12025032649 | XX | XX | XX | 7141576 | 336 | 05/23/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | Provide signed 4506C. Required on all Client programs. | Executed 4506-C provided. |  | Client 05/30/2025 12:35 PM; Please find 4506-C executed. Thank you. <br>Reviewer 05/30/2025 12:52 PM; Condition has been reviewed. Thx<br>| 05/30/2025 |  | A | 1 | 05/XX/2025 | NJ | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| 12025032649 | XX | XX | XX | 7141698 | 330 | 05/27/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Max LTV per program guides for DSCR 1.0+ is 75%. Exception approved to 80% LTV. |  | Compensation factors: DSCR > 1.15 and credit score is 40+ points however than minimum required. |  |  |  | 05/27/2025 B | 2 | 05/XX/2025 | NJ | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| 12025040264 | XX | XX | XX | 7141628 | 445 | 05/26/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Other income documentation missing/incomplete |  | Provide bank statement analysis worksheet for the borrower. | Bank Statement income work sheet provided |  |  | 05/27/2025 |  | A | 1 | 05/XX/2025 | NJ | 1 | 1 D A | A | A |  | Exempt | 1 |
| 12025040420 | XX | XX | XX | 7141778 | 851 | 05/27/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Rental income for departing residence requires a copy of the lease, deposit and first month's rent. Exception Approval is missing from the file. The loan approval reflects the exception; however, it is not signed off. |  | Received exception approval for security deposit/ Compensating Factors - Residual income over $3,000, Fico score over 40 points, experienced investor. |  |  |  | 05/28/2025 B | 2 | 05/XX/2025 | IL | 1 | 1 C B | A | A |  | Exempt | 1 |
| 12025040420 | XX | XX | XX | 7141684 | 320 | 05/27/2025 | Credit | UW Assets |  | UW Assets - UW - Asset Other |  | Provide final CD settlement statement reflecting gift funds of $160,000 that was wired from the Donor to the Title Co. | Revised CD provided |  | Client 05/28/2025 11:06 AM; Please find uploaded for your review CD reflecting gift of $160k. Thank you. <br>Reviewer 05/28/2025 11:36 AM; Condition has been reviewed. Thx<br>| 05/28/2025 |  | A | 1 | 05/XX/2025 | IL | 1 | 1 C B | A | A |  | Exempt | 1 |
| 12025040420 | XX | XX | XX | 7141558 | 384 | 05/23/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Self-Employment status required |  | Provide proof of existence of business xx dated within in 10 days of Note date | VVOE provided |  | Client 05/28/2025 11:05 AM; Please find uploaded for your review VVOE PRIOR to closing. Thank you. <br>Reviewer 05/28/2025 11:36 AM; Condition has been reviewed. Thx<br>| 05/28/2025 |  | A | 1 | 05/XX/2025 | IL | 1 | 1 C B | A | A |  | Exempt | 1 |
| 12025040420 | XX | XX | XX | 7141559 | 1013 | 05/23/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income calculation worksheet required |  | Provide income worksheet supporting income of $24,877.90/mo. used to qualify | received income calculation worksheet |  | Client 05/28/2025 09:45 AM; Please find income calc worksheet for your review. Thank you. <br>Reviewer 05/28/2025 11:34 AM; Condition has been reviewed. Thx<br>| 05/28/2025 |  | A | 1 | 05/XX/2025 | IL | 1 | 1 C B | A | A |  | Exempt | 1 |
| 12025040420 | XX | XX | XX | 7141560 | 1018 | 05/23/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Self-Employed verify business |  | Provide VVOE for xx dated within 20 days of Note date | Received VVOE |  | Client 05/28/2025 09:52 AM; Please find VVOE prior to closing uploaded for your review. Thank you. <br>Client 05/28/2025 09:55 AM; Please find VVOE uploaded for your review. Thank you so much. <br>Reviewer 05/28/2025 11:35 AM; Condition has been reviewed. Thx<br>Reviewer 05/28/2025 11:35 AM; Condition has been reviewed. Thx<br>| 05/28/2025 |  | A | 1 | 05/XX/2025 | IL | 1 | 1 C B | A | A |  | Exempt | 1 |
| 12025040420 | XX | XX | XX | 7141563 | 336 | 05/23/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | Provide copy of security deposit check for $1800 for retained property xx |  | Received exception approval for security deposit/ Compensating Factors - Residual income over $3,000, Fico score over 40 points, experienced investor. | Reviewer 05/27/2025 01:58 PM; Th exception approval did not address the security deposit, only the lease and first month's rent. <br>Client 05/28/2025 09:42 AM; Please find correct exception uploaded for your review. Also please note on page #3 of form has been signed by the exception team. A signature typed in is all our system allows, and the greyed-out section can't be excessed by secondary either. Thank you so much. <br>Reviewer 05/28/2025 11:34 AM; Condition has been reviewed. Thx<br>|  |  | 05/28/2025 B | 2 | 05/XX/2025 | IL | 1 | 1 C B | A | A |  | Exempt | 1 |
| 12025040965 | XX | XX | XX | 7141623 | 445 | 05/26/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Other income documentation missing/incomplete |  | Provide bank statement analysis worksheet for the borrower. | Received income worksheet |  |  | 05/28/2025 |  | A | 1 | 05/XX/2025 | FL | 1 | 13 D A | A | A |  | Exempt | 1 |
| 12025042166 | XX | XX | XX | 7141611 | 434 | 05/25/2025 | Credit | UW Assets |  | UW Assets - UW - Shorts Funds for Reserves |  | Funds to close were $22,611.89 and the required 2 months subject property reserves of $8,771.78 totaling $31,383.67. Only $29,170.22 were verified, leaving a shortage of $2,213.45. | Cash out proceeds from xx $78,803.44 |  | Client 05/28/2025 01:09 PM; Cash out proceeds were used for qualifying <br>Reviewer 05/28/2025 03:46 PM; Condition has been reviewed. Thx<br>| 05/28/2025 |  | A | 1 | 05/XX/2025 | NJ | 3 | 3 C A | N/A | N/A |  | Exempt | 1 |
| 12025042328 | XX | XX | XX | 7141388 | 326 | 05/22/2025 | Credit | UW Credit |  | UW Credit - UW - Evidence Satisfaction of Debt |  | Provide documentation verifying April/May 2025 mortgage payments have been paid on time. Mortgage statement dated 4/XX/25 reflects Borrower is due for 4/XX/25 and 5/XX/25 payments. Note date is 5/XX/25. Max 1x30 in last 12 months permitted per Client guides. | Loan closed PRIOR to the end of May. The credit supplement confirms April 2025 payment was made. |  | Client 05/29/2025 06:41 PM; Please find credit supplement confirming April's payment made. Thank you. <br>Client 05/29/2025 06:45 PM; Please note loan closed PRIOR to the end of May. Please see credit supplement confirming April 2025 payment made. Thank you. <br>Reviewer 05/30/2025 04:45 AM; Condition has been reviewed. Thx<br>Reviewer 05/30/2025 04:46 AM; Condition has been reviewed. Thx<br>| 05/29/2025 |  | A | 1 | 05/XX/2025 | CO | 1 | 1 D A | C | A |  | Exempt | 1 |
| 12025042328 | XX | XX | XX | 7141389 | 771 | 05/22/2025 | Credit | UW Credit |  | UW Credit - UW - Inquiry Letter in file addressing all inquiries within the last 90 days |  | Provide signed letter regarding the following inquiry 4/XX/25 xx | Inquiry LOE provided |  | Client 05/29/2025 04:12 PM; Please see inquiry letter uploaded for your review. Thank you. <br>Reviewer 05/29/2025 05:24 PM; Condition has been reviewed. Thx<br>| 05/29/2025 |  | A | 1 | 05/XX/2025 | CO | 1 | 1 D A | C | A |  | Exempt | 1 |
| 12025042328 | XX | XX | XX | 7141390 | 437 | 05/22/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Missing/Incomplete Verbal VOE |  | Provide VVOE dated within 20 days of Note date | VVOE dated 5/XX/2025 provided |  | Client 05/29/2025 04:21 PM; Please find VVOE for your review. Thank you. <br>Reviewer 05/29/2025 06:09 PM; Condition has been reviewed. Thx<br>| 05/29/2025 |  | A | 1 | 05/XX/2025 | CO | 1 | 1 D A | C | A |  | Exempt | 1 |
| 12025042328 | XX | XX | XX | 7141391 | 1013 | 05/22/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income calculation worksheet required |  | Provide income calculation worksheet supporting income of $16,801.12/mo. Must meet Client guides for bank statements. | Bank statement income work sheet provided |  | Client 05/29/2025 04:05 PM; Please find income calc worksheet. Thank you. <br>Reviewer 05/29/2025 05:24 PM; Condition has been reviewed. Thx<br>| 05/29/2025 |  | A | 1 | 05/XX/2025 | CO | 1 | 1 D A | C | A |  | Exempt | 1 |
| 12025042328 | XX | XX | XX | 7141465 | 320 | 05/23/2025 | Credit | UW Assets |  | UW Assets - UW - Asset Other |  | Provide final signed CD settlement statement dated 5/XX/2025 \*\* Return to Auditor for review \*\* | Information provided |  |  | 05/27/2025 |  | A | 1 | 05/XX/2025 | CO | 1 | 1 D A | C | A |  | Exempt | 1 |
| 12025042328 | XX | XX | XX | 7141467 | 1055 | 05/23/2025 | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | The final CD is missing from the loan file. The credit review is on hold until documents are received. | Document received |  |  | 05/27/2025 |  | A | 1 | 05/XX/2025 | CO | 1 | 1 D A | C | A |  | Exempt | 1 |
| 12025042328 | XX | XX | XX | 7141269 | 884 | 05/21/2025 | Compliance | Compliance |  | Compliance - Pending Internal completion of compliance fee tests. Additional conditions may apply. |  |  | Information provided |  |  | 05/27/2025 |  | A | 1 | 05/XX/2025 | CO | 1 | 1 D A | C | A |  | Exempt | 1 |
| 12025042328 | XX | XX | XX | 7141270 | 920 | 05/21/2025 | Compliance | Compliance |  | Compliance - TRID-Missing Final CD |  | Please provide the final CD 5/16, signed at consummation. | Information provided |  |  | 05/27/2025 |  | A | 1 | 05/XX/2025 | CO | 1 | 1 D A | C | A |  | Exempt | 1 |
| 12025042445 | XX | XX | XX | 7141595 | 1013 | 05/24/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income calculation worksheet required |  | Provide bank statement analysis worksheet. | Bank statement income calculation work sheet provided |  | Client 05/29/2025 11:19 AM; Please find income calc worksheet. Thank you. <br>Client 05/29/2025 11:24 AM; Please find March 2025 - bank statements used for income. Thank you. <br>Client 05/29/2025 11:25 AM; Please find April 2025 bank statements used for income. Thank you. <br>Reviewer 05/29/2025 12:25 PM; Condition has been reviewed. Thx<br>Reviewer 05/29/2025 12:26 PM; Condition has been reviewed. Thx<br>Reviewer 05/29/2025 12:26 PM; Condition has been reviewed. Thx<br>| 05/29/2025 |  | A | 1 | 05/XX/2025 | FL | 1 | 1 D B | A | A |  | Exempt | 1 |
| 12025042445 | XX | XX | XX | 7141596 | 445 | 05/24/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Other income documentation missing/incomplete |  | Guidelines require 12-months of consecutive bank statements to qualify for a bank statement loan program. The March 2025 statement for account ending XX was not provided. | xx bank statements and bank statement income calculation work sheet provided |  | Client 05/29/2025 11:21 AM; Please find bank statements used to calc income. Thank you.<br>Reviewer 05/29/2025 12:26 PM; Condition has been reviewed. Thx<br>| 05/29/2025 |  | A | 1 | 05/XX/2025 | FL | 1 | 1 D B | A | A |  | Exempt | 1 |
| 12025042445 | XX | XX | XX | 7141597 | 851 | 05/24/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Exception provided for a transferred appraisal without an XX. |  | Compensating Factors: Residual income over $3,000.00; FICO (751) 40+ points over minimum (680); CDA supports value with no variances. |  |  |  | 05/24/2025 B | 2 | 05/XX/2025 | FL | 1 | 1 D B | A | A |  | Exempt | 1 |
| 12025031734 | XX | XX | XX | 7141615 | 851 | 05/25/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Exception required to use a transferred appraisal without an XX. |  | Compensating Factors: FICO (747) 40+ points over the minimum required score (700); Residual income over $3000.00. |  |  |  | 05/25/2025 B | 2 | 05/XX/2025 | NY | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 12025032431 | XX | XX | XX | 7141610 | 389 | 05/25/2025 | Credit | UW Credit |  | UW Credit - UW - Fraud Alert documentation |  | Provide fraud report with all high and medium alerts cleared. | Received Fraud report |  | Client 05/28/2025 11:14 AM; Please find final clear fraud guard uploaded for your review. Thank you. <br>Reviewer 05/28/2025 12:03 PM; Condition has been reviewed. Thx<br>| 05/28/2025 |  | A | 1 | 05/XX/2025 | NJ | 3 | 3 C A | N/A | N/A |  | Exempt | 1 |
| 12025032479 | XX | XX | XX | 7141599 | 998 | 05/24/2025 | Credit | UW Other |  | UW Other - UW - Title Commitment is missing or requires correction. |  | Title commitment provided in the amount of $xx is less than the loan amount of $XX Provide updated commitment in an amount equal to or greater than the subject loan amount. | Revised Title provided |  | Client 05/27/2025 12:21 PM; Please find uploaded Title for your review. Thank you. <br>Reviewer 05/27/2025 01:27 PM; Condition has been reviewed. Thx<br>| 05/27/2025 |  | A | 1 | 05/XX/2025 | NJ | 1 | 3 D A | A | A |  | Exempt | 1 |
| 12025032479 | XX | XX | XX | 7141600 | 389 | 05/24/2025 | Credit | UW Credit |  | UW Credit - UW - Fraud Alert documentation |  | Provide fraud report with all high and medium alerts cleared. | CoreLogic Report provided |  |  | 05/27/2025 |  | A | 1 | 05/XX/2025 | NJ | 1 | 3 D A | A | A |  | Exempt | 1 |
| 12025042448 | XX | XX | XX | 7141643 | 389 | 05/27/2025 | Credit | UW Credit |  | UW Credit - UW - Fraud Alert documentation |  | Provide fraud report with all high and medium alerts cleared. | Received fraud report |  |  | 05/28/2025 |  | A | 1 | 05/XX/2025 | CA | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| 12025042448 | XX | XX | XX | 7141644 | 1013 | 05/27/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income calculation worksheet required |  | Provide bank statement analysis worksheet for all accounts used for income calculation. | Received income worksheet for 2 businesses |  |  | 05/28/2025 |  | A | 1 | 05/XX/2025 | CA | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| 12025042448 | XX | XX | XX | 7141645 | 336 | 05/27/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | Per guidelines, co-mingling of multiple accounts to make 12 consecutive months is not allowed. The borrower used 2 different accounts during a 12 month period for the first business listed on the loan application. | Received income worksheet for 2 businesses |  |  | 05/28/2025 |  | A | 1 | 05/XX/2025 | CA | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| 12025042448 | XX | XX | XX | 7141646 | 336 | 05/27/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | Exception required to use self-employment income that has been received for less than two years but more than one. |  | Compensating Factors: DTI (24.112%) more than 10% below the max allowed (50%); Residual income over $3000.00. |  |  |  | 05/27/2025 B | 2 | 05/XX/2025 | CA | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |

---

## Exhibit 99.3

**Exhibit 99.3 Schedule 6**

---

| |
|:---|
| ![](ex99-3sch6_001.jpg) |
| **QM ATR Data** |
| **Run Date - 06/30/2025 10:26:19 AM** |

---

---

| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan Id | **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Loan Level ATR/QM Status** | **Verified Safe Harbor** | **Application Date Prior to 1/10/2014** | **Lender Application Date** | **GSE Eligible** | **CDFI Indicator** | **ATR/QM Total Points and Fees** | **Rate Lock Date** | **APR** | **Borrower Employment Indicator** | **Co Borrower Employment Indicator** | **Borrower Foreign National Indicator** | **Borrower Residency Source** | **Co Borrower Foreign National Indicator** | **Co Borrower Residency Source** | **Residual Income to Qualify?** | **ATR/QM Residual Income** |
| 12025010950 | XX | XX | XX | Exempt | N/A | No | 01/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025011244 | XX | XX | XX | Exempt | N/A | No | 01/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025011612 | XX | XX | XX | Exempt | N/A | No | 01/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025011758 | XX | XX | XX | Exempt | N/A | No | 01/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025020115 | XX | XX | XX | Exempt | N/A | No | 02/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | Permanent Resident Alien |  |  |  | No |  |
| 12025020687 | XX | XX | XX | Exempt | N/A | No | 02/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025020743 | XX | XX | XX | Exempt | N/A | No | 02/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025021168 | XX | XX | XX | Exempt | N/A | No | 02/XX/2025 | No | Yes |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 12025021595 | XX | XX | XX | Exempt | N/A | No | 02/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025021778 | XX | XX | XX | Exempt | N/A | No | 02/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025021986 | XX | XX | XX | Exempt | N/A | No | 05/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | Foreign National | Other |  |  | No |  |
| 12025030199 | XX | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025030352 | XX | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | Non Permanent Resident Alien | Other |  |  | No |  |
| 12025030501 | XX | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025030503 | XX | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025030504 | XX | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025030696 | XX | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025030778 | XX | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 12025030787 | XX | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | Permanent Resident Alien |  |  |  | No |  |
| 12025030843 | XX | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025030910 | XX | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025031021 | XX | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025031168 | XX | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  |  | 0.00% | Employed |  | US Citizen |  |  |  | No |  |
| 12025031333 | XX | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  | 03/17/2025 | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 12025031408 | XX | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  | 03/18/2025 | 0.00% | Self-Employed |  | Non Permanent Resident Alien | Other |  |  | No |  |
| 12025031734 | XX | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  |  | 0.00% | Self-Employed |  | Non Permanent Resident Alien | Other |  |  | No |  |
| 12025031871 | XX | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  |  | 0.00% | Not Required | Not Required | US Citizen |  | US Citizen |  | No |  |
| 12025032249 | XX | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025032325 | XX | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025032431 | XX | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025032469 | XX | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025032479 | XX | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  | 04/22/2025 | 0.00% | Self-Employed |  | Non Permanent Resident Alien | Other |  |  | No |  |
| 12025032579 | XX | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025032649 | XX | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025032676 | XX | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025032682 | XX | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025040103 | XX | XX | XX | Exempt | N/A | No | 01/XX/2025 | No | Yes |  |  | 0.00% | Not Required | Not Required | US Citizen |  | US Citizen |  | No |  |
| 12025040264 | XX | XX | XX | Exempt | N/A | No | 04/XX/2025 | No | Yes |  | 05/09/2025 | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 12025040373 | XX | XX | XX | Exempt | N/A | No | 04/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025040416 | XX | XX | XX | Exempt | N/A | No | 04/XX/2025 | No | Yes |  | 04/07/2025 | 0.00% | Self-Employed |  | Non Permanent Resident Alien | ITIN Card |  |  | No |  |
| 12025040420 | XX | XX | XX | Exempt | N/A | No | 04/XX/2025 | No | Yes |  | 04/07/2025 | 0.00% | Self-Employed |  | Non Permanent Resident Alien | Other |  |  | No |  |
| 12025040493 | XX | XX | XX | Exempt | N/A | No | 04/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025040541 | XX | XX | XX | Exempt | N/A | No | 04/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025040695 | XX | XX | XX | Exempt | N/A | No | 04/XX/2025 | No | Yes |  | 04/30/2025 | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 12025040771 | XX | XX | XX | Exempt | N/A | No | 04/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025040913 | XX | XX | XX | Exempt | N/A | No | 04/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025040962 | XX | XX | XX | Exempt | N/A | No | 04/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025040965 | XX | XX | XX | Exempt | N/A | No | 04/XX/2025 | No | Yes |  | 05/02/2025 | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 12025041640 | XX | XX | XX | Exempt | N/A | No | 04/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025041662 | XX | XX | XX | Exempt | N/A | No | 04/XX/2025 | No | Yes |  | 05/12/2025 | 0.00% | Self-Employed | Self-Employed | Permanent Resident Alien |  | Permanent Resident Alien |  | No |  |
| 12025041669 | XX | XX | XX | Exempt | N/A | No | 04/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025042088 | XX | XX | XX | Exempt | N/A | No | 04/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025042162 | XX | XX | XX | Exempt | N/A | No | 04/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025042166 | XX | XX | XX | Exempt | N/A | No | 04/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025042230 | XX | XX | XX | Exempt | N/A | No | 04/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 12025042328 | XX | XX | XX | Exempt | N/A | No | 04/XX/2025 | No | Yes |  | 05/01/2025 | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 12025042445 | XX | XX | XX | Exempt | N/A | No | 04/XX/2025 | No | Yes |  | 05/02/2025 | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 12025042448 | XX | XX | XX | Exempt | N/A | No | 04/XX/2025 | No | Yes |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 12025042683 | XX | XX | XX | Exempt | N/A | No | 04/XX/2025 | No | Yes |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1956877 | XX | XX | XX | Safe Harbor QM (APOR) | Not Provided | No | 08/XX/2024 | No | No | $0.00 | 12/12/2024 | 8.083% | Employed |  | US Citizen |  |  |  | Yes | $8852.08 |
| 1955391 | XX | XX | XX | Exempt | N/A | No | 10/XX/2024 | No | No |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1956856 | XX | XX | XX | Non-QM | N/A | No | 10/XX/2024 | No | No | $0.00 | 01/07/2025 | 8.075% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | Yes | $41060.01 |
| 1956876 | XX | XX | XX | Safe Harbor QM (APOR) | Not Provided | No | 11/XX/2024 | No | No | $0.00 | 12/27/2024 | 8.22% | Self-Employed | Retired | US Citizen |  | US Citizen |  | Yes | $7473.60 |
| 1983894 | XX | XX | XX | Non-QM | N/A | No | 11/XX/2024 | No | No | $0.00 | 02/10/2025 | 8.153% | Self-Employed | Unemployed | US Citizen |  | US Citizen |  | Yes | $1826.55 |
| 1956874 | XX | XX | XX | Safe Harbor QM (APOR) | Not Provided | No | 11/XX/2024 | No | No | $0.00 | 12/31/2024 | 7.892% | Employed |  | US Citizen |  |  |  | Yes | $8503.80 |
| 1973070 | XX | XX | XX | Non-QM | N/A | No | 11/XX/2024 | No | No | $0.00 | 12/20/2024 | 8.194% | Self-Employed | Employed | US Citizen |  | US Citizen |  | Yes | $8597.02 |
| 1948679 | XX | XX | XX | Non-QM | N/A | No | 11/XX/2024 | No | No | $74640.00 | 12/24/2024 | 8.235% | Self-Employed | Unemployed | US Citizen |  | US Citizen |  | Yes | $200999.64 |
| 1973031 | XX | XX | XX | Safe Harbor QM (APOR) | Not Provided | No | 12/XX/2024 | No | No | $0.00 | 01/21/2025 | 8.141% | Retired | Employed | US Citizen |  | US Citizen |  | Yes | $4628.40 |
| 1973034 | XX | XX | XX | Non-QM | N/A | No | 12/XX/2024 | No | No | $0.00 | 01/09/2025 | 8.094% | Retired |  | US Citizen |  |  |  | Yes | $3339.77 |
| 1973043 | XX | XX | XX | Non-QM | N/A | No | 12/XX/2024 | No | No | $0.00 | 01/07/2025 | 8.651% | Employed |  | US Citizen |  |  |  | Yes | $3186.47 |
| 1971809 | XX | XX | XX | Non-QM | N/A | No | 12/XX/2024 | No | No | $0.00 | 01/17/2025 | 7.987% | Self-Employed |  | US Citizen |  |  |  | Yes | $2427.28 |
| 1983921 | XX | XX | XX | Non-QM | N/A | No | 12/XX/2024 | No | No | $0.00 | 02/05/2025 | 8.033% | Self-Employed | Not Required | US Citizen |  | US Citizen |  | Yes | $17468.83 |
| 1973044 | XX | XX | XX | Non-QM | N/A | No | 12/XX/2024 | No | No | $0.00 | 01/24/2025 | 8.529% | Employed |  | US Citizen |  |  |  | Yes | $3701.03 |
| 1983911 | XX | XX | XX | Safe Harbor QM (APOR) | Not Provided | No | 12/XX/2024 | No | No | $0.00 | 02/03/2025 | 7.932% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | Yes | $9582.58 |
| 1982758 | XX | XX | XX | Exempt | N/A | No | 01/XX/2025 | No | No |  |  | 0.00% | Employed |  | US Citizen |  |  |  | No |  |
| 1973029 | XX | XX | XX | Safe Harbor QM (APOR) | Not Provided | No | 01/XX/2025 | No | No | $0.00 | 01/31/2025 | 8.242% | Employed |  | US Citizen |  |  |  | Yes | $11791.03 |
| 1973062 | XX | XX | XX | Non-QM | N/A | No | 01/XX/2025 | No | No | $0.00 | 01/27/2025 | 7.844% | Self-Employed |  | Permanent Resident Alien |  |  |  | Yes | $11757.72 |
| 1973037 | XX | XX | XX | Safe Harbor QM (APOR) | Not Provided | No | 01/XX/2025 | No | No | $8197.45 | 01/31/2025 | 8.10% | Self-Employed |  | US Citizen |  |  |  | Yes | $3831.96 |
| 1973075 | XX | XX | XX | Safe Harbor QM (APOR) | Not Provided | No | 01/XX/2025 | No | No | $0.00 | 01/24/2025 | 8.065% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | Yes | $10267.31 |
| 1983905 | XX | XX | XX | Non-QM | N/A | No | 01/XX/2025 | No | No | $0.00 | 02/04/2025 | 8.198% | Self-Employed |  | US Citizen |  |  |  | Yes | $11331.93 |
| 1983909 | XX | XX | XX | Safe Harbor QM (APOR) | Not Provided | No | 01/XX/2025 | No | No | $0.00 | 02/10/2025 | 8.091% | Not Required | Retired | US Citizen |  | US Citizen |  | Yes | $6402.95 |
| 1983917 | XX | XX | XX | Non-QM | N/A | No | 01/XX/2025 | No | No | $0.00 | 02/10/2025 | 8.358% | Employed |  | US Citizen |  |  |  | Yes | $10550.08 |
| 1973033 | XX | XX | XX | Non-QM | N/A | No | 01/XX/2025 | No | No | $0.00 | 01/31/2025 | 8.267% | Retired | Retired | US Citizen |  | US Citizen |  | Yes | $3212.10 |
| 1992422 | XX | XX | XX | Non-QM | N/A | No | 01/XX/2025 | No | No | $8722.82 | 03/07/2025 | 8.307% | Self-Employed |  | US Citizen |  |  |  | Yes | $10926.08 |
| 1973064 | XX | XX | XX | Non-QM | N/A | No | 01/XX/2025 | No | No | $0.00 | 01/29/2025 | 8.201% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | Yes | $19564.75 |
| 1983922 | XX | XX | XX | Non-QM | N/A | No | 01/XX/2025 | No | No | $0.00 | 02/19/2025 | 7.90% | Retired |  | US Citizen |  |  |  | Yes | $5344.53 |
| 1983930 | XX | XX | XX | Non-QM | N/A | No | 01/XX/2025 | No | No | $0.00 | 02/01/2025 | 8.042% | Employed | Employed | US Citizen |  | US Citizen |  | Yes | $3952.09 |
| 1992399 | XX | XX | XX | Non-QM | N/A | No | 01/XX/2025 | No | No | $0.00 | 02/24/2025 | 7.989% | Employed |  | US Citizen |  |  |  | Yes | $5106.04 |
| 1992388 | XX | XX | XX | Safe Harbor QM (APOR) | Not Provided | No | 01/XX/2025 | No | No | $0.00 | 03/07/2025 | 7.80% | Employed | Retired | US Citizen |  | US Citizen |  | Yes | $7647.94 |
| 1992409 | XX | XX | XX | Safe Harbor QM (APOR) | Not Provided | No | 01/XX/2025 | No | No | $0.00 | 03/01/2025 | 8.026% | Employed |  | US Citizen |  |  |  | Yes | $26317.27 |
| 1983907 | XX | XX | XX | Non-QM | N/A | No | 01/XX/2025 | No | No | $0.00 | 02/12/2025 | 7.936% | Self-Employed |  | US Citizen |  |  |  | Yes | $13297.19 |
| 1983908 | XX | XX | XX | Non-QM | N/A | No | 01/XX/2025 | No | No | $0.00 | 02/21/2025 | 8.097% | Unemployed |  | US Citizen |  |  |  | Yes | $3953.20 |
| 1983888 | XX | XX | XX | Safe Harbor QM (APOR) | Not Provided | No | 01/XX/2025 | No | No | $0.00 | 02/24/2025 | 8.188% | Self-Employed |  | US Citizen |  |  |  | Yes | $22669.93 |
| 1983900 | XX | XX | XX | Non-QM | N/A | No | 01/XX/2025 | No | No | $0.00 | 02/18/2025 | 8.01% | Retired | Retired | US Citizen |  | US Citizen |  | Yes | $4676.95 |
| 1983889 | XX | XX | XX | Non-QM | N/A | No | 01/XX/2025 | No | No | $0.00 | 02/18/2025 | 8.633% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | Yes | $6717.07 |
| 1992427 | XX | XX | XX | Non-QM | N/A | No | 01/XX/2025 | No | No | $0.00 | 02/28/2025 | 8.002% | Self-Employed |  | US Citizen |  |  |  | Yes | $2931.21 |
| 1992395 | XX | XX | XX | Non-QM | N/A | No | 01/XX/2025 | No | No | $0.00 | 02/28/2025 | 7.909% | Employed | Employed | US Citizen |  | US Citizen |  | Yes | $11076.62 |
| 1992390 | XX | XX | XX | Safe Harbor QM (APOR) | Not Provided | No | 02/XX/2025 | No | No | $0.00 | 03/07/2025 | 7.865% | Retired |  | US Citizen |  |  |  | Yes | $5479.28 |
| 1992418 | XX | XX | XX | Non-QM | N/A | No | 02/XX/2025 | No | No | $0.00 | 02/24/2025 | 7.835% | Self-Employed |  | Permanent Resident Alien |  |  |  | Yes | $3612.26 |
| 1992400 | XX | XX | XX | Safe Harbor QM (APOR) | Not Provided | No | 02/XX/2025 | No | No | $0.00 | 02/28/2025 | 7.895% | Employed | Employed | US Citizen |  | US Citizen |  | Yes | $11862.62 |
| 1992393 | XX | XX | XX | Safe Harbor QM (APOR) | Not Provided | No | 02/XX/2025 | No | No | $0.00 | 02/28/2025 | 8.239% | Retired | Retired | US Citizen |  | US Citizen |  | Yes | $3132.83 |
| 1988089 | XX | XX | XX | Safe Harbor QM (APOR) | Not Provided | No | 02/XX/2025 | No | No | $0.00 | 03/03/2025 | 7.811% | Unemployed | Unemployed | US Citizen |  | US Citizen |  | Yes | $83109.51 |
| 1992403 | XX | XX | XX | Safe Harbor QM (APOR) | Not Provided | No | 02/XX/2025 | No | No | $0.00 | 03/06/2025 | 7.809% | Self-Employed | Employed | US Citizen |  | US Citizen |  | Yes | $14482.27 |
| 1992404 | XX | XX | XX | Non-QM | N/A | No | 02/XX/2025 | No | No | $0.00 | 03/07/2025 | 8.43% | Employed | Retired | US Citizen |  | US Citizen |  | Yes | $5329.20 |
| 1992416 | XX | XX | XX | Non-QM | N/A | No | 02/XX/2025 | No | No | $0.00 | 03/10/2025 | 7.756% | Self-Employed | Retired | US Citizen |  | US Citizen |  | Yes | $5034.12 |
| 1992428 | XX | XX | XX | Non-QM | N/A | No | 02/XX/2025 | No | No | $0.00 | 03/11/2025 | 7.844% | Employed | Self-Employed | US Citizen |  | US Citizen |  | Yes | $10711.48 |
| 1992430 | XX | XX | XX | Safe Harbor QM (APOR) | Not Provided | No | 02/XX/2025 | No | No | $0.00 | 03/10/2025 | 7.843% | Self-Employed |  | US Citizen |  |  |  | Yes | $29117.95 |
| 1992407 | XX | XX | XX | Non-QM | N/A | No | 02/XX/2025 | No | No | $0.00 | 03/18/2025 | 8.392% | Employed | Self-Employed | US Citizen |  | US Citizen |  | Yes | $11365.65 |
| 1992435 | XX | XX | XX | Safe Harbor QM (APOR) | Not Provided | No | 02/XX/2025 | No | No | $31845.00 | 03/14/2025 | 7.831% | Employed | Employed | US Citizen |  | US Citizen |  | Yes | $26098.61 |
| 1993200 | XX | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | No |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |

---

## Exhibit 99.4

**Exhibit 99.4**

![](ex99-4_001.jpg)

**EXECUTIVE SUMMARY**

**NRMLT 2025-NQM4**

**By Clarifii LLC on July 1, 2025**

NRMLT 2025-NQM4 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 1

![](ex99-4_001.jpg)

**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: <u>Christine.Aug@Clarifii.com</u> | &nbsp;&nbsp; E-mail: <u>Jason.Luttenberger@Clarifii.com</u> |

---

**OVERVIEW**

Clarifii LLC ("Clarifii") conducted an independent third-party pre-securitization due diligence review (the "Review") of 4 Loans (the "Loans") originated by a correspondent lender and acquired by Rithm Capital, LLC. (the "Clients") for the NRMLT 2025-NQM4 transaction. The Loans referenced in this narrative report were reviewed between 01/2025 to 02/2025 by Clarifii. This narrative report provides information about 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** | **Loan Count** | **% of Pool** | **Original Balance** |
| &nbsp;&nbsp;Correspondent Flow with Delegated UW | 4 | 100.00% | $1896000.00 |
| &nbsp;&nbsp;**Total** | **4** | **100.00%** | **$1896000.00** |

---

The Review consisted of a population of 4 Loans, with an aggregate principal balance of $1, 1896.000.00.

**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.

**LOAN SAMPLING**

The Clients 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.

NRMLT 2025-NQM4 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 2

![](ex99-4_001.jpg)

The Review was conducted consistent with the criteria for the Nationally Recognized Statistical Rating Organizations ("NRSROs") specified below:

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Identity of NRSRO** | &nbsp;&nbsp;**Title and Date of Criteria** |
| &nbsp;&nbsp;S&P Global Ratings | &nbsp;&nbsp;Global Methodology And Assumptions: Assessing Pools Of Residential Loans, January 25, 2019; Global Methodology And Assumptions: Assessing Pools Of Residential Loans--U.S. And Canada Supplement, February 21, 2025 |
| &nbsp;&nbsp;Kroll Bond Rating Agency, LLC | &nbsp;&nbsp;U.S. RMBS Rating Methodology, December 7, 2023 |

---

**DATA INTEGRITY**

Clarifii performed a data comparison review of the data fields provided by the Clients 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 Field** |
| &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 Name of Employer1 |
| &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 |

---

NRMLT 2025-NQM4 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 3

![](ex99-4_001.jpg)

---

| |
|:---|
| &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 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 Middle Name |
| &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 - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 2 Sex - Male |
| &nbsp;&nbsp;Borrower 2 SSN |
| &nbsp;&nbsp;Borrower 2 Telephone Interview |
| &nbsp;&nbsp;Borrower 2 Years in Current Home |
| &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 |
| &nbsp;&nbsp;Occupancy |

---

NRMLT 2025-NQM4 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 4

![](ex99-4_001.jpg)

---

| |
|:---|
| &nbsp;&nbsp;Prepayment Penalty Flag |
| &nbsp;&nbsp;Prepayment Penalty Total Term |
| &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;Sales Price |
| &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 Clients, including, as applicable, Ability to Repay and Qualified Mortgage requirements. The Credit Qualification review consisted of the following:

&nbsp;&nbsp;&nbsp;&nbsp;· **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)

&nbsp;&nbsp;&nbsp;&nbsp;· **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

NRMLT 2025-NQM4 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 5

![](ex99-4_001.jpg)

- The application was signed by all borrowers

- The application was substantially complete

&nbsp;&nbsp;&nbsp;&nbsp;· **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

&nbsp;&nbsp;&nbsp;&nbsp;· **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

&nbsp;&nbsp;&nbsp;&nbsp;· **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:

- 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

NRMLT 2025-NQM4 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 6

![](ex99-4_001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Loan officer

OFAC

&nbsp;&nbsp;&nbsp;&nbsp;· **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

&nbsp;&nbsp;&nbsp;&nbsp;· **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

&nbsp;&nbsp;&nbsp;&nbsp;· **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

**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):

&nbsp;&nbsp;&nbsp;&nbsp;· **Initial and Final 1003 Application** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Note** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Mortgage/Deed of Trust** 

NRMLT 2025-NQM4 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 7

![](ex99-4_001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;· **Appraisal** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Sales Contract** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Title Commitment/Policy** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Junior Lien/Subordination Agreement** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Mortgage Insurance** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Underwriting Approval Documentation inclusive, but not limited to documents listed in the Credit Review section** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Flood Certification** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Initial and Final Loan Estimate (LE)** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Initial and Final and Closing Disclosure (CD)** 

&nbsp;&nbsp;&nbsp;&nbsp;· **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)

&nbsp;&nbsp;&nbsp;&nbsp;· **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)

- 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)

NRMLT 2025-NQM4 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 8

![](ex99-4_001.jpg)

- Rate Lock Date

- HOEPA Disclosures (when applicable)

- Initial Escrow Account Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;· **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.

&nbsp;&nbsp;&nbsp;&nbsp;· **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 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).

NRMLT 2025-NQM4 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 9

![](ex99-4_001.jpg)

**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.

&nbsp;&nbsp;&nbsp;&nbsp;· **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.

- 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.

NRMLT 2025-NQM4 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 10

![](ex99-4_001.jpg)

- 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.

- 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.

NRMLT 2025-NQM4 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 11

![](ex99-4_001.jpg)

- 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.

&nbsp;&nbsp;&nbsp;&nbsp;· **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

**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.

NRMLT 2025-NQM4 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 12

![](ex99-4_001.jpg)

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.

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.

&nbsp;&nbsp;&nbsp;&nbsp;· **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.

NRMLT 2025-NQM4 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 13

![](ex99-4_001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;· **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 determine if the original appraisal value was reasonably supported when compared to an independent third-party valuation product.

**Valuation Reconciliation Process:**

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

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

&nbsp;&nbsp;&nbsp;&nbsp;· 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 or Broker Price Opinion value for purpose of LTV/CLTV/HCLTV.

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

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· For Loans with a Freddie Mac Loan Collateral Advisor Score
(LCA), if an LCA Score was available and the LCA Score was greater than 2.5, a Desk Review was either reviewed in the Loan file or ordered
by Clarifii. If the LCA 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 table below summarizes the Loans that contained independent third-party valuation product as well as Loans with acceptable UCDP Risk Scores:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Valuation Product** | &nbsp;&nbsp;**# of Files – No Hit** | &nbsp;&nbsp;**# of Files > -10% <br> Variance to OA or** <br> **Confidence < 80%** | &nbsp;&nbsp;**Number of Files <br> within -10% of OA or <br> Acceptable UCDP Risk<br> Score** |
| AVM | 0 | 0 | 0 |
| BPO | 0 | 0 | 0 |
| LCA or CU Score <=2.5 | 0 | 0 | 3 |
| Desk Review | 0 | 0 | 1 |
| Field Review | 0 | 0 | 0 |
| Second Full Appraisal | 0 | 0 | 0 |

---

NRMLT 2025-NQM4 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 14

![](ex99-4_001.jpg)

**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, clients, 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. |

---

**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. |

---

NRMLT 2025-NQM4 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 15

![](ex99-4_001.jpg)

**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**

---

| | | |
|:---|:---|:---|
| **Overall Review Results** | **Overall Review Results** | **Overall Review Results** |
| **Overall Grade** | **Loan Count** | **% of Sample** |
| A | 2 | 50.00% |
| B | 2 | 50.00% |
| C | 0 | 0.00% |
| D | 0 | 0.00% |
| **Total** | **4** | **100.00%** |

---

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.

NRMLT 2025-NQM4 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 16

![](ex99-4_001.jpg)

**Final Credit Component Grade Results**

---

| | | |
|:---|:---|:---|
| **Credit Grade Summary** | **Credit Grade Summary** | **Credit Grade Summary** |
| **Credit Grade** | **Loan Count** | **% of Sample** |
| A | 2 | 50.00% |
| B | 2 | 50.00% |
| C | 0 | 0.00% |
| D | 0 | 0.00% |
| **Total** | **4** | **100.00%** |

---

**Final Property Valuation Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Property Grade Summary** | &nbsp;&nbsp;**Property Grade Summary** | &nbsp;&nbsp;**Property Grade Summary** |
| &nbsp;&nbsp;**Property Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;4 | &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;**4** | &nbsp;&nbsp;**100.00%** |

---

**Final Regulatory Compliance Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Compliance Grade Summary** | &nbsp;&nbsp;**Compliance Grade Summary** | &nbsp;&nbsp;**Compliance Grade Summary** |
| &nbsp;&nbsp;**Compliance Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;4 | &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;**4** | &nbsp;&nbsp;**100.00%** |

---

**ADDITIONAL LOAN SUMMARY DETAILS**

**Amortization Type**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | **Loan Count** | **% of Pool** | **Original Balance** |
| &nbsp;&nbsp;Fixed | 4 | 100.00% | $1896000.00 |
| &nbsp;&nbsp;**Total** | **4** | **100.00%** | **$1896000.00** |

---

NRMLT 2025-NQM4 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 17

![](ex99-4_001.jpg)

**Occupancy**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | **Loan Count** | **% of Pool** | **Original Balance** |
| &nbsp;&nbsp;Primary Residence | 2 | 50.00% | $1316000.00 |
| &nbsp;&nbsp;Investment | 2 | 50.00% | $580000.00 |
| &nbsp;&nbsp;**Total** | **4** | **100.00%** | **$1896000.00** |

---

**Loan Purpose**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | **Loan Count** | **% of Pool** | **Original Balance** |
| &nbsp;&nbsp;Purchase | 4 | 100.00% | $1896000.00 |
| &nbsp;&nbsp;**Total** | **4** | **100.00%** | **$1896000.00** |

---

**Lien Position**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Lien Position** | **Loan Count** | **% of Pool** | **Original Balance** |
| &nbsp;&nbsp;1 | 4 | 100.00% | $1896000.00 |
| &nbsp;&nbsp;**Total** | **4** | **100.00%** | **$1896000.00** |

---

**Original Term**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Original Term** | **Loan Count** | **% of Pool** | **Original Balance** |
| &nbsp;&nbsp;360 | 4 | 100.00% | $1896000.00 |
| &nbsp;&nbsp;**Total** | **4** | **100.00%** | **$1896000.00** |

---

**DATA COMPARE RESULTS**

Clarifii provided Clients 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 Field** | **Loans With <br> Discrepancy** | **Total Times <br> Compared** | **Accuracy%** |
| &nbsp;&nbsp;Amortization Term | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Amount of Other Lien | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Application Date | 1 | 4 | 75.00% |
| &nbsp;&nbsp;Balloon Flag | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Borrower 1 Any Outstanding Judgments? | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Borrower 1 Any part of down payment borrowed? | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Borrower 1 Bankruptcy in past 7 years? | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Borrower 1 Birthdate | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Borrower 1 Citizen | 0 | 4 | 100.00% |

---

NRMLT 2025-NQM4 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 18

![](ex99-4_001.jpg)

---

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

---

NRMLT 2025-NQM4 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 19

![](ex99-4_001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Borrower 2 Race - I do not wish to provide this information | 0 | 1 | 100.00% |
| &nbsp;&nbsp;Borrower 2 Race - White | 0 | 1 | 100.00% |
| &nbsp;&nbsp;Borrower 2 Rent or Own | 0 | 1 | 100.00% |
| &nbsp;&nbsp;Borrower 2 Self-Employment Flag | 0 | 1 | 100.00% |
| &nbsp;&nbsp;Borrower 2 Sex - I do not wish to provide this information | 0 | 1 | 100.00% |
| &nbsp;&nbsp;Borrower 2 Sex - Male | 0 | 1 | 100.00% |
| &nbsp;&nbsp;Borrower 2 SSN | 0 | 1 | 100.00% |
| &nbsp;&nbsp;Borrower 2 Telephone Interview | 0 | 1 | 100.00% |
| &nbsp;&nbsp;Borrower 2 Years in Current Home | 0 | 1 | 100.00% |
| &nbsp;&nbsp;FHA Streamline/VA IRRL Indicator | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Interest Only Flag | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Interest Rate | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Investor Loan ID | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Lien Position | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Loan Amount | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Loan ID | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Loan Origination Company | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Loan Origination Company NMLS | 0 | 2 | 100.00% |
| &nbsp;&nbsp;Loan Purpose | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Loan Type | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Negative Amortization Flag | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Note Type | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Number of Borrowers | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Number of Mortgaged Properties | 1 | 4 | 75.00% |
| &nbsp;&nbsp;Number of Units | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Occupancy | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Prepayment Penalty Flag | 0 | 2 | 100.00% |
| &nbsp;&nbsp;Prepayment Penalty Total Term | 0 | 2 | 100.00% |
| &nbsp;&nbsp;Property Address | 1 | 4 | 75.00% |
| &nbsp;&nbsp;Property City | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Property County | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Property Rights | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Property State | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Property Type | 0 | 1 | 100.00% |
| &nbsp;&nbsp;Property Value | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Property Zip Code | 0 | 4 | 100.00% |
| &nbsp;&nbsp;Sales Price | 0 | 4 | 100.00% |
| &nbsp;&nbsp;ULI | 0 | 4 | 100.00% |

---

NRMLT 2025-NQM4 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 20

![](ex99-4_001.jpg)

**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/QM Report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Supplement Data Extract

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. Business Purpose Supplement Data 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.

NRMLT 2025-NQM4 DUE DILIGENCE NARRATIVE REPORT – PAGE \| 21

## Exhibit 99.4

**Exhibit 99.4 Schedule 1**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan 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** | **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** |
| 1968454 | XX | XX | XX | XX | XX | XX | 0 | XX | 12-XX-2024 | 1004 URAR | XX | 75.0 | 75.0 | XX | 0.0 | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 01-XX-2025 |  |  |  |  |  |  |  |  |  |  | 1 | 12-XX-2024 Eligible | 1.2 | 12-XX-2024 |
| 1985136 | XX | XX | XX | XX | XX | XX | 0 | XX | 12-XX-2024 | 1004 URAR | XX | 80.0 | 80.0 | XX | 0.0 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 01-XX-2025 |
| 1985138 | XX | XX | XX | XX | XX | XX | 0 | XX | 01-XX-2025 | 1073 Individual Condo Report | XX | 80.0 | 80.0 | XX | 0.0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0.0 | .0000 | XX | Low | 01-XX-2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1985130 | XX | XX | XX | XX | XX | XX | 0 | XX | 12-XX-2024 | 1004 URAR | XX | 36.7 | 36.7 | XX | 0.0 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 12-XX-2024 |  |  |  |  |  |  |  |  |  |  |  |  | 2.2 | 12-XX-2024 |

---

## Exhibit 99.4

**Exhibit 99.4 Schedule 2**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Loan ID** | **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| 1968454 | XX | XX | XX | XX C A B |
| 1985136 | XX | XX | XX | XX D A B |
| 1985138 | XX | XX | XX | XX A |
| 1985130 | XX | XX | XX | XX C A |

---

## Exhibit 99.4

**Exhibit 99.4 Schedule 3**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 1968454 | XX | XX | XX | FMH0002_Post-Close Flow | Number of Mortgaged Properties | creditLiabilitiesPage | 12 | 1 | per 1003/Mtg Statements/Credit Report |
| 1985138 | XX | XX | XX | FMH0002_Post-Close Flow | Property Address | notePage | XX | XX | Per Note |
| 1985130 | XX | XX | XX | FMH0002_Post-Close Flow | Application Date | complianceDetailPage | XX | XX | Per 1003 |

---

## Exhibit 99.4

**Exhibit 99.4 Schedule 4**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Lender Application Date** | **Originator QM Status** | **Final QM Status** | **Originator QM Status Difference than Final QM Status?** | **Reason Why NonQM Final Status** | **APR Pricing Threshold Exceeded?** | **QM DTI Threshold Exceeded?** | **Higher Priced Mortgage Loan (HPML)?** | **Negatively Amortizing Loan?** | **Principal Deferment?** | **Interest Only Flag?** | **Prepayment Penalty?** | **Balloon Flag?** | **Adjustable Rate Balloon?** | **Loan Term Less Than 5 Years?** | **QM Points and Fees Threshold Exceeded?** | **QM Total Points and Fees** | **APR** | **ATR: Qualifying Payment Properly Considered?** | **ATR: Current Employment/Self-Employment Verified?** | **ATR: Balloon Qualifying Payment Properly Considered?** | **ATR: Reasonable Income or Assets Considered?** | **ATR: Subject PITIA Adequately Documented?** | **ATR: All Liabilities Including Alimony and Child Support in DTI?** | **ATR: Simultaneous Loan Calculated Properly** | **ATR: Credit History was Considered Properly?** | **ATR: Did Lender Document All ATR Factors?** | **ATR: Was an ATR/QM Residual Income Analysis Provided?** | **Residual Income** | **Residual Income Meets Guidelines?** | **Borrower 1 Employment Indicator** | **Borrower 2 Employment Indicator** | **Borrower 1 Foreign National Indicator** | **Borrower 2 Foreign National Indicator** | **Business Purpose Loan?** | **Business Purpose Verified?** |
| 1968454 | XX | XX | XX | 12-XX-2024 | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 1985136 | XX | XX | XX | 12-XX-2024 | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 8550 | 7.644 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 129321.98 | Yes | Not Employed | Employed | No | No | No |  |
| 1985138 | XX | XX | XX | 10-XX-2024 | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 4690 | 7.756 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 69118.05 | Yes | Employed |  | No |  | No |  |
| 1985130 | XX | XX | XX | 12-XX-2024 | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |

---

## Exhibit 99.4

**Exhibit 99.4 Schedule 5**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Loan 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** | **Acknowledged / WaivedBy** | **Waiver in File?** | **Unique Finding ID** |
| 1968454 | XX | XX | XX C B A | Closed | FCRE1200 | 2025-01-20 09:40 | 2025-03-17 09:17 | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Originator exception granted for the loan amount, waiver applied with reviewed compactors. - Due Diligence Vendor-03/17/2025 <br>Ready for Review-Document Uploaded. loan amount exception - Seller-01/20/2025 <br>Open-Audited Loan Amount is less than the Guideline Minimum Loan Amount of $300000 File is missing Exception Approval for Loan Amount < $300,000 - Due Diligence Vendor-01/20/2025 | Ready for Review-Document Uploaded. loan amount exception - Seller-01/20/2025<br>| Waived-Originator exception granted for the loan amount, waiver applied with reviewed compactors. - Due Diligence Vendor-03/17/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - FICO = 786 Min FICO = 700<br>DSCR % greater than 1.20 - DSCR = 1.327 | 75% LTV < 80% maximum allowed. 786 FICO > 700 minimum required. | XX | ATR/QM: Exempt | ATR/QM: Exempt | XX | FL | Investment | Purchase NA | Originator Post-Close | No | 3237639 |
| 1968454 | XX | XX | XX C B A | Closed | FPRO0011 | 2025-01-20 09:27 | 2025-01-22 16:57 | Resolved | 1 - Information C A | Property | Property | FEMA disaster declared INDIVIDUAL | Resolved-Received Appraisal w/comments from the Appraiser stating no impact on marketability. - Due Diligence Vendor-01/22/2025 <br>Ready for Review-Document Uploaded. disaster inspection - Seller-01/21/2025 <br>Open-Individual – Florida Hurricane Milton (DR-4834-FL) – Incident Period: October 5, 2024 and continuing – File is missing Appraiser Comment – No Damage/No Impact to Marketability - Due Diligence Vendor-01/20/2025 | Ready for Review-Document Uploaded. disaster inspection - Seller-01/21/2025<br>| Resolved-Received Appraisal w/comments from the Appraiser stating no impact on marketability. - Due Diligence Vendor-01/22/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - FICO = 786 Min FICO = 700<br>DSCR % greater than 1.20 - DSCR = 1.327 |  | XX | ATR/QM: Exempt | ATR/QM: Exempt | XX | FL | Investment | Purchase NA | N/A | N/A | 3237535 |
| 1968454 | XX | XX | XX C B A | Closed | FCRE8701 | 2025-01-20 09:16 | 2025-01-21 14:01 | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received Business Entity Documentation. - Due Diligence Vendor-01/21/2025 <br>Ready for Review-Document Uploaded. LLC docs - Seller-01/20/2025 <br>Open-The Business Entity Formation Document is Missing File is missing documentation for Limited Liability Company (LLC):<br> • Articles of Organization<br> • Operating Agreement<br> o Operating agreement must state the purpose of the LLC, its authorized activity, and its<br> term (which must extend at least for term of our loan). Must include members % of<br> ownership.<br> • Borrowing Resolution/Corporate Resolution granting authority of signer to enter loan obligation.<br> Must reference lender and loan amount.<br> • EIN / Tax Identification Number<br> • Certificate of Good Standing from the applicable Secretary of State's office (generally shouldn't<br> be more than 60 days out). If the subject property is not located in the same state in which the<br> entity was formed, evidence of good standing is also required from the state where the subject<br> property is located (e.g., Certificate, screen shot from state website)<br> • Attorney Opinion Letter, attesting that the LLC meets the above requirements<br> o Opinion letter to confirm borrowers are members of the LLC and individual has<br> authority to sign on behalf of LLC<br> o the attorney opinion letter to confirm that it is a valid exercise of the LLC's power to<br> encumber LLC property with our mortgage.<br> o Percentage of ownership<br> o state who the manager(s) of the LLC are. (borrower should be a manager) - Due Diligence Vendor-01/20/2025 | Ready for Review-Document Uploaded. LLC docs - Seller-01/20/2025<br>| Resolved-Received Business Entity Documentation. - Due Diligence Vendor-01/21/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - FICO = 786 Min FICO = 700<br>DSCR % greater than 1.20 - DSCR = 1.327 |  | XX | ATR/QM: Exempt | ATR/QM: Exempt | XX | FL | Investment | Purchase NA | N/A | N/A | 3237435 |
| 1985136 | XX | XX | XX D B A | Closed | FCRE1506 | 2025-02-07 18:01 | 2025-02-11 17:33 | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received Supplemental Report. - Due Diligence Vendor-02/11/2025 <br>Ready for Review-Document Uploaded. VOR - Seller-02/10/2025 <br>Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. VOR missing from file - Due Diligence Vendor-02/07/2025 | Ready for Review-Document Uploaded. VOR - Seller-02/10/2025<br>| Resolved-Received Supplemental Report. - Due Diligence Vendor-02/11/2025<br>| Qualifying DTI below maximum allowed - 9.31% DTI is below 43% maximum<br>Months Reserves exceed minimum required - 42.98 month reserves exceed 6 month minimum required |  | XX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XX | NY | Primary Residence | Purchase NA | N/A | N/A | 3380324 |
| 1985136 | XX | XX | XX D B A | Closed | FCRE5116 | 2025-02-07 15:36 | 2025-02-11 17:32 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Verification of Rent (VOR) received. - Due Diligence Vendor-06/24/2025 <br>Ready for Review-Document Uploaded. private VOR - Seller-02/10/2025 <br>Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Exception in file for private VOR with no proof of payment to landlord provided. However the VOR is missing. Finding remains open and material. Will require management review once received since this is an ATR issue. - Due Diligence Vendor-02/07/2025 | Ready for Review-Document Uploaded. private VOR - Seller-02/10/2025<br>| Resolved-Verification of Rent (VOR) received. - Due Diligence Vendor-06/24/2025<br>| Qualifying DTI below maximum allowed - 9.31% DTI is below 43% maximum<br>Months Reserves exceed minimum required - 42.98 month reserves exceed 6 month minimum required | - 12+ reserves<br> - residual income 3k or more<br> - long term employment | XX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XX | NY | Primary Residence | Purchase NA | N/A | N/A | 3379198 |
| 1985136 | XX | XX | XX D B A | Closed | FCRE1252 | 2025-02-07 17:54 | 2025-02-07 18:02 | Waived | 2 - Non-Material D B | Credit | Missing Doc | Title Document is Incomplete | Waived-Originator exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-02/07/2025 <br>Open-Title Document is Incomplete B2 not on title - Due Diligence Vendor-02/07/2025 |  | Waived-Originator exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-02/07/2025<br>| Qualifying DTI below maximum allowed - 9.31% DTI is below 43% maximum<br>Months Reserves exceed minimum required - 42.98 month reserves exceed 6 month minimum required | - Total debt 10% more under requirement<br> - 12+ mo reserves<br> - residual income 3k or more<br> - long term employment | XX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XX | NY | Primary Residence | Purchase NA | Originator Post-Close | Yes | 3380298 |
| 1985138 | XX | XX | XX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  | XX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XX | NY | Primary Residence | Purchase NA |  |  |  |
| 1985130 | XX | XX | XX C A | Closed | FCRE0360 | 2025-02-10 15:38 | 2025-02-13 15:18 | Resolved | 1 - Information C A | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Resolved-Received the Gap Report for Jan payment. - Due Diligence Vendor-02/13/2025 <br>Ready for Review-Document Uploaded. JAN payment shows on the GAP report - Seller-02/12/2025 <br>Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Missing proof of January payment for Pennymac - Due Diligence Vendor-02/10/2025 | Ready for Review-Document Uploaded. JAN payment shows on the GAP report - Seller-02/12/2025<br>| Resolved-Received the Gap Report for Jan payment. - Due Diligence Vendor-02/13/2025<br>| DSCR % greater than 1.20 - DSCR = 1.35<br>Months Reserves exceed minimum required - 9 months reserves exceed 3 month minimum required<br>LTV is less than guideline maximum - 36.7% LTV is less than 80% guideline max |  | XX | ATR/QM: Exempt | ATR/QM: Exempt | XX | NY | Investment | Purchase NA | N/A | N/A | 3390338 |

---

## Exhibit 99.4

**Exhibit 99.4 Schedule 6**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Seller Name** | **Loan Program** | **Documentation Type** | **Executed NOO Docs in File** | **Lease In Place Flag** | **Actual In Place Rent** | **Third Party Market Rent Estimate** | **Third Party Rent Source** | **Actual Short Term Rent Amount** | **Actual Short Term Rent Source** | **Short Term Rent Number of Months** | **Short Term Rental Occupancy Factor** | **Rental Income Used for Property DSCR Calculation** | **Rental Source for Property DSCR Calculation** | **DSCR Calculation Based On Short Rental Income Flag** | **Property DTI** | **Originator DSCR** | **TPR DSCR** | **PITIA** | **Gross Rental Income Unit 1** | **Lease End Date Unit 1** | **Lease Term Unit 1** | **Gross Rental Income Unit 2** | **Lease End Date Unit 2** | **Lease Term Unit 2** | **Gross Rental Income Unit 3** | **Lease End Date Unit 3** | **Lease Term Unit 3** | **Gross Rental Income Unit 4** | **Lease End Date Unit 4** | **Lease Term Unit 4** | **Gross Rental Income Unit 5** | **Lease End Date Unit 5** | **Lease Term Unit 5** | **Gross Rental Income Unit 6** | **Lease End Date Unit 6** | **Lease Term Unit 6** | **Gross Rental Income Unit 7** | **Lease End Date Unit 7** | **Lease Term Unit 7** | **Gross Rental Income Unit 8+** | **Rent Loss Insurance** | **Rent Loss Insurance Amount** | **Fee Amount** | **Acquisition Cost** | **Renovation Cost** | **Effective Gross Income** | **Turnover Costs** | **Repairs and Maintenance** | **Marketing and Leasing Costs** | **Utilities** | **Other Costs** | **Cap Ex Reserve** | **Section 8** | **Blanket Mortgage/Cross Collateral Flag** | **Number of Years Property Owned** | **Number of Mortgaged Properties With Lender** | **Number of Properties Securing Loan** | **Foreign National Alternative Credit Documentation** | **Months Reserves** | **Loan Closed in the name of Business Entity** | **Vested Business Entity Name** | **Vested Business Entity Type** | **Qualifying Primary Borrower Type** | **Qualifying Primary Borrower First Name** | **Qualifying Primary Borrower Last Name** | **Qualifying CoBorrower Type** | **Qualifying CoBorrower First Name** | **Qualifying CoBorrower Last Name** | **Qualifying CoBorrower 2 Type** | **Qualifying CoBorrower 2 First Name** | **Qualifying CoBorrower 2 Last Name** | **Qualifying CoBorrower 3 Type** | **Qualifying CoBorrower 3 First Name** | **Qualifying CoBorrower 3 Last Name** | **Non-Qualifying Guarantor 1 First Name** | **Non-Qualifying Guarantor 1 Last Name** | **Non-Qualifying Guarantor 1 Citizenship** | **Non-Qualifying Guarantor 1 Country Name** | **Non-Qualifying Guarantor 2 First Name** | **Non-Qualifying Guarantor 2 Last Name** | **Non-Qualifying Guarantor 2 Citizenship** | **Non-Qualifying Guarantor 2 Country Name** | **Personal Guaranty** | **Total Number of Guarantors** | **Personal Guaranty Recourse Level** | **Business Entity EIN** |
| 1968454 | XX | XX | XX | XX | FM_DSCR | Debt Service Coverage Ratio | Present | No | 0 | 2270 | Appraisal - 1007 |  | N/A |  |  | 2270 | Appraisal - 1007 | No | 75.36 | 1.32 | 1.327 | 1710.65 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  |  |  | 2270 |  |  |  |  |  |  |  | No | 0.0 | 1 | 1 | N/A | 6.3 | Yes | XX | Limited Liability Corporation (LLC) | Individual Guarantor | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XX |
| 1985130 | XX | XX | XX | XX | FM_DSCR | Debt Service Coverage Ratio | Present | No | 0 | 5000 | Appraisal - 1007 |  | N/A |  |  | 5000 | Appraisal - 1007 | No | 73.71 | 1.35 | 1.357 | 3685.42 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  |  |  | 5000 |  |  |  |  |  |  |  | No | 0.0 | 1 | 1 | N/A | 9.16 | No |  |  | Vested Individual | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 |  |  |

---

## Exhibit 99.5

**Exhibit 99.5**

**EXECUTIVE SUMMARY<br> Third Party Due Diligence Review**

**Overview**

Consolidated Analytics, Inc ("Consolidated Analytics"), a third-party due diligence provider, performed the review described below on behalf of its client, Rithm Capital. The review included a total of 22 newly originated residential mortgage loans acquired through a bulk purchase, in connection with the securitization identified as NRMLT 2025-NQM4 (the "Securitization"). The Review was conducted from November 2024 through April 2025 on mortgage loans originated between October 2024 and March 2025.

**Scope of Review**

**Credit Review**

Consolidated Analytics 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 attempted to confirm the following:

&nbsp;&nbsp;&nbsp;&nbsp;a. QM or ATR Validation / Review of 8 Key Underwriting Factors

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Income / Assets

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Validate borrower(s) monthly gross income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Validate funds required to close, required reserves

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Review file documentation for required level of income and asset verifications

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Employment Status

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Review file documentation for required level of employment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Monthly Mortgage Payment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Confirm program, qualifying rate, terms

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Simultaneous Loans

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Validate all concurrent loans are included in the DTI to properly assess the ability to repay

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Mortgage Related Obligations: PITI, HOA, PMI, etc.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Validate subject loan monthly payment (PITI) and associated obligations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Debts / Obligations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Validate monthly recurring liabilities

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. DTI and/or Residual Income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Validate debt-to-income ratio (DTI) based upon income and debt documentation provided in the file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Documentation meets Appendix Q requirements for QM Loans

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Credit History

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Review credit report for credit history and required credit depth including any / all inquiries

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Determine representative credit score from credit report

&nbsp;&nbsp;&nbsp;&nbsp;b. Validate loan-to-value (LTV) and combined loan-to-value

&nbsp;&nbsp;&nbsp;&nbsp;c. Review borrower's occupancy

&nbsp;&nbsp;&nbsp;&nbsp;d. Validation through third party resource of the subject properties most recent twelve (12) month sales
history

&nbsp;&nbsp;&nbsp;&nbsp;e. Confirm sufficient evidence in loan file, by reviewing the underwriter's decision to approve the
loan based upon the borrows income, debt, and credit history, to support borrower's willingness and ability to repay the debt

&nbsp;&nbsp;&nbsp;&nbsp;f. Confirm that Final 1003 is sufficiently completed

&nbsp;&nbsp;&nbsp;&nbsp;g. Provide Audit 1008 with accurate data based on file documentation

&nbsp;&nbsp;&nbsp;&nbsp;h. Confirm Loan Approval conditions were met

&nbsp;&nbsp;&nbsp;&nbsp;i. Review condominium questionnaire to verify all information is complete, prepared by an authorized representative,
and address any red flags that may deem condominium project ineligible

&nbsp;&nbsp;&nbsp;&nbsp;j. General QM for any loans originated under the GQM Rule

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Pricing Thresholds:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Pricing for First Lien 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. 2.25% for a first-lien covered transaction with a loan amount greater than or equal to the applicable dollar amount threshold; 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. 3.5% for a first-lien covered transaction with a loan amount greater than or equal to the applicable dollar amount threshold; 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. 6.5% for a first-lien covered transaction with a loan amount less than the applicable dollar amount threshold.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Pricing for Subordinate Lien 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. 3.5% for a subordinate-lien covered transaction with a loan amount greater than or equal to the applicable dollar amount threshold;
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. 6.5% for a subordinate-lien covered transaction with a loan amount less than the applicable dollar amount threshold.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Pricing for Manufactured Homes:

&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. 2.25% for a first-lien covered transaction secured by a manufactured home with a loan amount equal to or greater than the applicable
dollar amount threshold; 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. 6.5% for a covered transaction secured by a manufactured home with a loan amount less than applicable dollar amount threshold.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Consider Income and Assets:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Consumer's current or reasonably expected income or assets (other than the value of the dwelling that secures the loan;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o The consumer's debt obligations, alimony, child support; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o The monthly DTI or residual income.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Verification of Income and Assets:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Verification in compliance with one of the "safe harbor" guidelines will meet the QM verification requirement. A creditor
is allowed to "mix and match" provisions of the different guidelines rather than only apply one guideline per loan.

The specific guidelines that the CFPB is designating for the safe harbor are: The GQM Rule provides that if the creditor verifies the consumer's income or assets, debt obligations, alimony, child support, and monthly DTI or residual income by meeting the standards of certain specified third-party underwriting manuals, then a creditor is presumed to have complied with the verification requirement. These specified manuals are:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Chapters B3-3 through B3-6 of the Fannie Mae Single Family Selling Guide, published June 3, 2020;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Sections 5102 through 5500 of the Freddie Mac Single-Family Seller/Servicer Guide, published June 10, 2020;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Sections II.A.1 and II.A.4-5 of the Federal Housing Administration's Single Family Housing Policy Handbook, issued October 24,
2019;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Chapter 4 of the U.S. Department of Veterans Affairs' Lenders Handbook, revised February 22, 2019;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Chapter 4 of the U.S. Department of Agriculture's Field Office Handbook for the Direct Single Family Housing Program, revised
March 15, 2019; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Chapters 9 through 11 of the U.S. Department of Agriculture's Handbook for the Single Family Guaranteed Loan Program, revised
March 19, 2020.

**Compliance Review**

Consolidated Analytics performed a "Compliance Review" to determine, as applicable, to the extent possible and subject to the caveats below, whether the loan complies with applicable regulatory requirements as noted below, each as amended, restated and/or replaced from time to time. In relation to cash out refinances of investment property loans, documentation provided in the loan file will be reviewed only to validate the use of cash out proceeds for business purposes at the origination/consummation of the loan. In the event use of proceeds cannot be validated, or are deemed to be utilized for consumer purposes, the loan would then be subject to a "Compliance Review" of applicable regulatory requirements as noted below, each as amended, restated and/or replaced from time to time. The Compliance Review included the following:

&nbsp;&nbsp;&nbsp;&nbsp;a. Test
 Loan Estimate(s) for accuracy and completeness as well as timing requirements as required
 by TRID Regulations

&nbsp;&nbsp;&nbsp;&nbsp;b. Test
 Closing Disclosure(s) for accuracy and completeness as well as timing requirements as required
 by TRID Regulations

&nbsp;&nbsp;&nbsp;&nbsp;c. Tolerance
 Testing

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Compare
 Loan Estimate and Closing Disclosures

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Identify
 Tolerance Violations and applicable cost to cure

&nbsp;&nbsp;&nbsp;&nbsp;d. Comprehensive
 review of Closing Disclosure to determine transaction accuracy

&nbsp;&nbsp;&nbsp;&nbsp;e. Recalculation
 of APR and Finance Charge

&nbsp;&nbsp;&nbsp;&nbsp;f. Testing
 of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Federal
 High Cost Mortgage provisions

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Federal
 Higher Priced Mortgage Loans provisions

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Local
 and/or State Anti-predatory and High Cost provisions

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. HOEPA
 Points and Fees

&nbsp;&nbsp;&nbsp;&nbsp;g. Determine
 whether specified federal disclosures were provided timely based upon comparison of the application
 date to the dates on such disclosures

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Service
 Provider List

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Home
 Ownership Counselling Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. ARM
 Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;h. Compliance
 with QM as it relates to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. APR
 Test

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Points
 & Fees Test

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Prepayment
 Penalty Test

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Product
 Eligibility Testing

&nbsp;&nbsp;&nbsp;&nbsp;i. Notice
 of Right to Cancel (Rescission) Review

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Confirm
 transaction date, expiration date, and disbursement date

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Confirm
 document is properly executed by all required parties to the transaction

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Confirm
 the correct Right of Rescission document was executed for the transaction type

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Confirm
 a full three (3) day rescission period was provided to the borrower

&nbsp;&nbsp;&nbsp;&nbsp;j. Confirm
 through NMLS the loan originator and originating firm's license status was active and properly
 disclosed on appropriate loan documents

&nbsp;&nbsp;&nbsp;&nbsp;k. Check
 the Loan participants against the exclusionary list provided by Client or by the purchaser
 of the Loan(s)

&nbsp;&nbsp;&nbsp;&nbsp;l. Review
 closing documents to ensure that the Mortgage Loan information is complete, accurate, and
 consistent with other documents; Confirm collateral documents have been recorded or sent
 for recording

The Compliance Review did not include any federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated above. Furthermore, the findings reached by Consolidated Analytics are dependent upon its receiving complete and accurate data regarding the loans from loan originators and other third parties upon which Consolidated Analytics is relying in reaching such findings.

**Valuation Review**

Consolidated Analytics performed a "Valuation Review," which included the following:

&nbsp;&nbsp;&nbsp;&nbsp;a. Review
 original appraisal, determination that property is in "average" condition or better,
 or property requires cosmetic improvements (as defined by the appraiser) that do not affect
 habitability. Should an area of concern be identified with the condition of the property,
 Consolidated Analytics will alert Client.

&nbsp;&nbsp;&nbsp;&nbsp;b. Review
 appraisal, determination that property is completely constructed and appraisal is on an "as
 is basis," or property is identified as not completely constructed by originating appraiser.

&nbsp;&nbsp;&nbsp;&nbsp;c. Review
 and determine if the appraisal report was performed on appropriate GSE forms and if the appraiser
 indicated in the body of the subject appraisal that the appraisal conforms to USPAP standards.

&nbsp;&nbsp;&nbsp;&nbsp;d. Review
 and determine the relevance of the comparable properties and ensure that a rational and reliable
 value was provided and supported as of the effective date of the Origination Appraisal.

&nbsp;&nbsp;&nbsp;&nbsp;e. Review
 adjustments (line item, net and gross adjustments) to ensure they are reasonable.

&nbsp;&nbsp;&nbsp;&nbsp;f. Ensure
 that the appraisal conforms to the guidelines provided from the Client.

&nbsp;&nbsp;&nbsp;&nbsp;g. Review
 appraisal to ensure all required documents were included.

&nbsp;&nbsp;&nbsp;&nbsp;h. Review
 location map provided within the appraisal for external obsolescence.

&nbsp;&nbsp;&nbsp;&nbsp;i. Ensure
 highest and best use and zoning complies with guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;j. Confirm
 there are no marketability issues that affect the subject property.

&nbsp;&nbsp;&nbsp;&nbsp;k. Ensure
 subject property does not suffer any functional obsolescence.

&nbsp;&nbsp;&nbsp;&nbsp;l. Where
 applicable, determine if the file did not contain the appraisal or other valuation method
 and a review could not be performed.

&nbsp;&nbsp;&nbsp;&nbsp;m. Additional
 valuation products were not required when the CU score provided was 2.5 or below or the appraisal
 LCA risk score was eligible for Collateral Rep and Warranty relief. In the event the CU score
 was greater than 2.5 or the LCA score was not eligible for R&W relief, an additional
 valuation product was obtained to confirm value was supported within 10% tolerance. In some
 instances, based on guidance from the seller, CDA's were ordered on loans that had
 an acceptable CU score or R&W eligibility.

Consolidated Analytics applied a cascade methodology to determine if the original appraised value was reasonably supported when compared to an independent third party valuation product.

For loans reviewed in a post-close valuation review scenario (22 loans in total):

Two (2) loans had a Secondary Appraisal, one (1) loan had an AVM, zero (0) loans had a Field Review, and ten (10) loans had Desktop Reviews. Consolidated Analytics has independent access to the Desktop Reviews ordered by the Aggregator.

If a loan with an AVM or Desktop Review fell outside of a -10% tolerance, was inconclusive, or a PIW was present, then a Field Review, a Broker Price Opinion (BPO) along with a Reconciliation of the values or a 2nd Appraisal was completed. There were zero (0) occurrences of this.

Zero (0) loans had a Second Desk Review and zero (0) loans had a Full Appraisal Review.

**Product totals may not sum due to multiple products for each loan**

**TAPE INTEGRITY REVIEW RESULTS SUMMARY** 

Of the twenty-two (22) mortgage loans reviewed, twelve (12) unique mortgage loans (54.55% by loan count) had a total of thirty-six (36) discrepancies across sixteen (16) data fields. A blank or zero value on the data tape when an actual value was captured by Consolidated Analytics was not treated as a data variance.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Fields Reviewed** | &nbsp;&nbsp;**Discrepancy<br> Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;Qualifying All Borrower Residual Income | &nbsp;&nbsp;9 | &nbsp;&nbsp;25.00% |
| &nbsp;&nbsp;Qualifying Total Reserves Number of Months | &nbsp;&nbsp;9 | &nbsp;&nbsp;25.00% |
| &nbsp;&nbsp;Property Value | &nbsp;&nbsp;3 | &nbsp;&nbsp;8.33% |
| &nbsp;&nbsp;Mo Pymt (P&I) | &nbsp;&nbsp;2 | &nbsp;&nbsp;5.56% |
| &nbsp;&nbsp;T & I Payment | &nbsp;&nbsp;2 | &nbsp;&nbsp;5.56% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;2.78% |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;2.78% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;2.78% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;1 | &nbsp;&nbsp;2.78% |
| &nbsp;&nbsp;As-Is Value | &nbsp;&nbsp;1 | &nbsp;&nbsp;2.78% |
| &nbsp;&nbsp;DSCR | &nbsp;&nbsp;1 | &nbsp;&nbsp;2.78% |
| &nbsp;&nbsp;First Pymt Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;2.78% |
| &nbsp;&nbsp;Property County | &nbsp;&nbsp;1 | &nbsp;&nbsp;2.78% |
| &nbsp;&nbsp;NON QM Months Reserves | &nbsp;&nbsp;1 | &nbsp;&nbsp;2.78% |
| &nbsp;&nbsp;Application Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;2.78% |
| &nbsp;&nbsp;Origination Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;2.78% |
| &nbsp;&nbsp;**Grand Total** | &nbsp;&nbsp;**36** | &nbsp;&nbsp;**100.00%** |

---

**Summary of Results**

**OVERALL RESULTS SUMMARY**

**Final Loan Grades**

---

| | | | |
|:---|:---|:---|:---|
| **Overall Loan Results:** | **Overall Loan Results:** | **Overall Loan Results:** | |
| Event Grade | Loan Count | Original Principal Balance | Percent of<br> Sample |
| Event Grade A | 20 | $12558555.00 | 90.91% |
| Event Grade B | 2 | $3955000.00 | 9.09% |
| Event Grade C | 0 | $0.00 | 0% |
| Event Grade D | 0 | $0.00 | 0% |
| **Total Sample** | 22 | $16513555.00 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Credit Results:** | **Credit Results:** | **Credit Results:** |
| Event Grade | Loan Count | Percent of Sample |
| Event Grade A | 20 | 90.91% |
| Event Grade B | 2 | 9.09% |
| Event Grade C | 0 | 0% |
| Event Grade D | 0 | 0% |
| **Total Sample** | 22 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Compliance Results: (As applicable, 13 loans within population did not receive a Compliance Review)** | **Compliance Results: (As applicable, 13 loans within population did not receive a Compliance Review)** | **Compliance Results: (As applicable, 13 loans within population did not receive a Compliance Review)** |
| Event Grade | Loan Count | Percent of Sample |
| Event Grade A | 9 | 100.00% |
| Event Grade B | 0 | 0% |
| Event Grade C | 0 | 0% |
| Event Grade D | 0 | 0% |
| **Total Sample** | 9 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Valuation Results:** | **Valuation Results:** | **Valuation Results:** |
| Event Grade | Loan Count | Percent of Sample |
| Event Grade A | 22 | 100.00% |
| Event Grade B | 0 | 0% |
| Event Grade C | 0 | 0% |
| Event Grade D | 0 | 0% |
| **Total Sample** | 22 | 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 (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").

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Exception<br> Type | &nbsp;&nbsp;Exception<br> Level<br> Grade | &nbsp;&nbsp;Exception Category | &nbsp;&nbsp;Total |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;No Credit Findings | &nbsp;&nbsp;8 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Closing Documentation Missing or Defective | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Title Insurance Coverage - Inadequate Coverage | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Entity Documentation - Missing or Defective | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Income and Employment Do Not Meet Guidelines | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Title Insurance Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Third Party Fraud Report not Provided | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;The Total Hazard Coverage is LESS than the Required Coverage Amount | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;All Interested Parties Not Checked with Exclusionary Lists | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Hazard Insurance Policy is Partial | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;DSCR Minimum Not Met | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;The Final 1003 is Incomplete | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing verification of taxes, insurance, and/or HOA fees for non-subject property | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;***Total Credit Grade (A) Exceptions:*** | &nbsp;&nbsp;***25*** |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Mortgage Payment History Missing or Defective | &nbsp;&nbsp;1 |
| &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;***Total Credit Grade (B) Exceptions:*** | &nbsp;&nbsp;***2*** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;eSigned Documents Consent is Missing | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing Required Affiliated Business Disclosure | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;No Compliance Findings | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Higher-Priced Mortgage Loan Test | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;NY Subprime Home Loan Test | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Homeownership Counseling Disclosure Is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;***Total Compliance Grade (A) Exceptions:*** | &nbsp;&nbsp;***13*** |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;No Property Findings | &nbsp;&nbsp;9 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Exterior Inspection Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;***Total Property Grade (A) Exceptions:*** | &nbsp;&nbsp;***10*** |

---

**Event Grade Definitions**

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Final Loan Grade** | &nbsp;&nbsp;**Final Loan Grade** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;Loan meets Credit, Compliance, and Valuation 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. |

---

---

| | |
|:---|:---|
| &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, 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. |

---

---

| | |
|:---|:---|
| &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;**Valuation Event Grades** | &nbsp;&nbsp;**Valuation 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. |

---

## Exhibit 99.5

**Exhibit 99.5 Schedule 1**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan ID | **Loan Number** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** | **Initial Compliance Loan Grades DBRS** | **Initial Compliance Loan Grades Fitch** | **Initial Compliance Loan Grades Kroll** | **Initial Compliance Loan Grades Moody's** | **Initial Compliance Loan Grades S&P** | **Final Compliance Loan Grades DBRS** | **Final Compliance Loan Grades Fitch** | **Final Compliance Loan Grades Kroll** | **Final Compliance Loan Grades Moody's** | **Final Compliance Loan Grades S&P** |
| 92300177577 | XX | XX |  | XX D | N/A | N/A | N/A | N/A | N/A D B | N/A | N/A | N/A | N/A | N/A B |
| 92300178126 | XX | XX |  | XX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 92300182912 | XX | XX |  | XX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 92010178158 | XX | XX |  | XX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 92010176432 | XX | XX |  | XX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 1973200 | XX | XX |  | XX A | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 1973408 | XX | XX |  | XX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1973242 | XX | XX |  | XX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1973389 | XX | XX |  | XX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1973357 | XX | XX |  | XX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1973322 | XX | XX |  | XX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 1973284 | XX | XX |  | XX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1973292 | XX | XX |  | XX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 92010176856 | XX | XX |  | XX D | B | B | B | B | B A D | A | A | A | A | A |
| 92010177215 | XX | XX |  | XX A | B | B | B | B | B A | A | A | A | A | A |
| 92010178039 | XX | XX |  | XX C | A | A | A | A | A C | A | A | A | A | A |
| 92300178274 | XX | XX |  | XX A | A | A | A | A | A | A | A | A | A | A |
| 92300181593 | XX | XX |  | XX A | B | B | B | B | B A | A | A | A | A | A |
| 92300178378 | XX | XX |  | XX A | B | B | B | B | B A | A | A | A | A | A |
| 92300178238 | XX | XX |  | XX D | B | B | B | B | B A D | A | A | A | A | A |
| 92300182106 | XX | XX |  | XX C | A | A | A | A | A C B | A | A | A | A | A B |
| 92010175662 | XX | XX |  | XX D | B | B | B | B | B A D | A | A | A | A | A |

---

## Exhibit 99.5

**Exhibit 99.5 Schedule 2**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan ID | **Loan Number** | **Seller Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original Balance** | **State** | **TPR QM ATR Status** | **Loan Status** | **Exception Date** | **Remediation Status** | **Exception ID** | **Exception Type** | **Defect Name** | **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/Morningstar)** | **Initial Compliance Grade (Fitch)** | **Initial Compliance Grade (Kroll)** | **Initial Compliance Grade (Moodys)** | **Initial Compliance Grade (S&P)** | **Final Compliance Grade (DBRS/Morningstar)** | **Final Compliance Grade (Fitch)** | **Final Compliance Grade (Kroll)** | **Final Compliance Grade (Moodys)** | **Final Compliance Grade (S&P)** |
| 92300177577 | XX | XX | XX | XX | 2/XX/2025 | XX | FL | ATR/QM Exempt | Complete | 02/28/2025 | Acknowledged | 8596409502 | Credit | Mortgage Payment History Missing or Defective | Missing 12 months of cancelled checks or bank statements for borrower's rental payments. VOR and lease do not have cancelled checks as borrower pays rent in cash. | XX | 02/28/2025 | 20250228: NQM exception approval received. | 02/28/2025 | 6 months reserves greater program requirement, Borrower contribution exceeds program requirement by >=5% D C A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| 92300177577 | XX | XX | XX | XX | 2/XX/2025 | XX | FL | ATR/QM Exempt | Complete | 02/28/2025 | Resolved | 8596425333 | Credit | Closing Documentation Missing or Defective | Missing conveyance deed from XX of Florida to XX | XX | 03/14/2025 | 20250314: Received conveyance deed. | 03/14/2025 | D B A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| 92300178126 | XX | XX | XX | XX | 4/XX/2025 | XX | NY | ATR/QM Exempt | Complete | 04/08/2025 | Resolved | 8888354067 | Credit | Closing Documentation Missing or Defective | Missing prepayment addendum to Note. Promissory Note indicates that there is a prepayment penalty. | XX | 04/09/2025 | 20250410: Received PPP addendum. | 04/10/2025 | 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 |
| 92300182912 | XX | XX | XX | XX | 4/XX/2025 | XX | NY | ATR/QM Exempt | Complete | 04/24/2025 | Resolved | 9000411856 | Credit | DSCR Minimum Not Met | 0.99 DSCR < 1.00 minimum DSCR required for DSCR Supreme Program. DSCR breakdown as follows: $13,000 gross rents / $13,082.85 PITIA =0.99 DSCR | XX | 04/25/2025 | 20250430: Received Caluclation | 04/30/2025 | C A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| 92010178158 | XX | XX | XX | XX | 3/XX/2025 | XX | NJ | ATR/QM Exempt | Complete | 03/18/2025 | Resolved | 92010178158-01 | Credit | No Credit Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 92010176432 | XX | XX | XX | XX | 2/XX/2025 | XX | NJ | ATR/QM Exempt | Complete | 03/05/2025 | Resolved | 8629838755 | Credit | Closing Documentation Missing or Defective | Missing conveyance deed from XX to XX | XX | 03/07/2025 | 20250310: Received conveyance deed. | 03/10/2025 | 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 |
| 1973200 | XX | XX | XX | XX | 10/XX/2024 | XX | GA | ATR/QM Exempt | Complete | 11/14/2024 | Resolved | 1224647253-5216 | Property | Exterior Inspection Missing or Defective | Property is located in an impacted disaster area. Please provide exterior inspection following post disaster guideline requirements. | XX |  | 20241209: Received | 12/09/2024 | 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 |
| 1973408 | XX | XX | XX | XX | 11/XX/2024 | XX | GA | ATR/QM Exempt | Complete | 12/05/2024 | Resolved | 1524247534-5755 | Credit | Title Insurance Coverage - Inadequate Coverage | $XX title insurance coverage < $XX minimum insurance required | XX |  | Received | 12/10/2024 | C A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| 1973242 | XX | XX | XX | XX | 11/XX/2024 | XX | AL | ATR/QM Exempt | Complete | 11/27/2024 | Resolved | 1224789191-5512 | No Findings | No Findings | The loan meets all applicable guidelines | XX |  | 20241127: Clear | 11/27/2024 | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1973389 | XX | XX | XX | XX | 11/XX/2024 | XX | TX | ATR/QM Exempt | Complete | 12/06/2024 | Resolved | 1524250016-5808 | No Findings | No Findings | The loan meets all applicable guidelines | XX |  | 20241206: Clear | 12/06/2024 | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1973357 | XX | XX | XX | XX | 11/XX/2024 | XX | GA | ATR/QM Exempt | Complete | 12/06/2024 | Resolved | 1224772245-5814 | No Findings | No Findings | The loan meets all applicable guidelines | XX |  | 20241206: Clear | 12/06/2024 | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1973322 | XX | XX | XX | XX | 11/XX/2024 | XX | AL | ATR/QM Exempt | Complete | 12/09/2024 | Resolved | 1224811170-5908 | Credit | Title Insurance Coverage - Inadequate Coverage | XX Title Insurance Coverage < $ XX Minimum Required. | XX |  | 20241213: Received updated title | 12/13/2024 | D A C | 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 |
| 1973322 | XX | XX | XX | XX | 11/XX/2024 | XX | AL | ATR/QM Exempt | Complete | 12/09/2024 | Resolved | 1224811170-5909 | Credit | Entity Documentation - Missing or Defective | Missing EIN for XX | XX |  | 20241212: Received EIN | 12/12/2024 | 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 |
| 1973322 | XX | XX | XX | XX | 11/XX/2024 | XX | AL | ATR/QM Exempt | Complete | 12/09/2024 | Resolved | 1224811170-5910 | Credit | Entity Documentation - Missing or Defective | A corporate resolution granting the signatory authority to enter into the loan transaction is missing from the file | XX |  | 20241216: Received | 12/16/2024 | 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 |
| 1973292 | XX | XX | XX | XX | 12/XX/2024 | XX | UT | ATR/QM Exempt | Complete | 12/10/2024 | Resolved | 1524251608-6028 | Credit | Title Insurance Missing or Defective | Title Commitement Schedule A Item 2(b) is missing mortgagee clause after lender's name. Please provide updated title policy with ISAOA/ATIMA verbiage after lender name XX | XX |  | 20241216: Received | 12/16/2024 | C A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| 1973284 | XX | XX | XX | XX | 12/XX/2024 | XX | NY | ATR/QM Exempt | Complete | 12/10/2024 | Resolved | 1224678512-6041 | No Findings | No Findings | The loan meets all applicable guidelines | XX |  | 20241210: Clear | 12/10/2024 | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 92010176856 | XX | XX | XX | XX | 02/XX/2025 | XX | VA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 03/06/2025 | Resolved | FCOM9186 | Compliance | eSigned Documents Consent is Missing | The eSigned consent disclosure is missing. Documentation Required The Initial Loan document esigned 01/28, provide a econsent dated on or prior to 01/28 | XX | 03/10/2025 | Evidence of eConsent is provided. | 04/30/2025 | Borrower has stable job time - Borrower has 34.55 years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 4.02% is less than Guideline DTI of 50% A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 92010176856 | XX | XX | XX | XX | 02/XX/2025 | XX | VA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 03/06/2025 | Resolved | FCOM1233 | Credit | The Final 1003 is Incomplete | The Final 1003 is Incomplete Please provide the borrower completed Unmarried Addendum to the 1003. | XX | 03/10/2025 | The Final 1003 is Present; Completed Unmarried Addendum to the 1003 received. | 04/30/2025 | Borrower has stable job time - Borrower has 34.55 years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 4.02% is less than Guideline DTI of 50% A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 92010176856 | XX | XX | XX | XX | 02/XX/2025 | XX | VA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 03/06/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Please provide the following additional documentation needed to support the full PITIA payments: XX need the HOA coupon/bill to confirm the $83/month HOA fee and on XX - missing the hazard insurance declarations page and HOA coupon/bill. | XX | 04/29/2025 | Verification of HOA for XX received. Verification of hazard and insurance and HOA for XX was also provided. An updated 1008 and 1003 application with updated REO payments was also received. | 04/30/2025 | Borrower has stable job time - Borrower has 34.55 years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 4.02% is less than Guideline DTI of 50% A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 92010176856 | XX | XX | XX | XX | 02/XX/2025 | XX | VA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 03/06/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has 34.55 years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 4.02% is less than Guideline DTI of 50% A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 92010177215 | XX | XX | XX | XX | 02/XX/2025 | XX | NJ | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 03/07/2025 | Resolved | FCOM9186 | Compliance | eSigned Documents Consent is Missing | The eSigned consent disclosure is missing. The eSigned documents consent is missing. | XX | 03/10/2025 | Evidence of eConsent is provided. | 03/13/2025 | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 42.31% is less than Guideline CLTV of 90%<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 42.31% is less than Guideline LTV of 90%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 756 is greater than Guideline minimum FICO of 740<br>Borrower has stable job time - Borrower has 8.16 years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 17.48% is less than Guideline DTI of 50% A | B | A B | B A | B A | B A | B A | B A | A | A | A | A | A |
| 92010177215 | XX | XX | XX | XX | 02/XX/2025 | XX | NJ | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 03/07/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 42.31% is less than Guideline CLTV of 90%<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 42.31% is less than Guideline LTV of 90%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 756 is greater than Guideline minimum FICO of 740<br>Borrower has stable job time - Borrower has 8.16 years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 17.48% is less than Guideline DTI of 50% A | B | A B | B A | B A | B A | B A | B A | A | A | A | A | A |
| 92010178039 | XX | XX | XX | XX | 03/XX/2025 | XX | AZ | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 03/21/2025 | Resolved | FCRE1437 | Credit | Income and Employment Do Not Meet Guidelines | Income and Employment Do Not Meet Guidelines Per Guidelines, a three (3) month seasoning of all assets is required when the Asset Utilization is used to determine the qualifying income. Despite this requirement, provided IRA statement only covered a 1-month period. Please provide two additional months of consecutive statements from XX. Per email from Fiduciary Advisor, the Borrower could have requested the old annuity statements. | XX | 03/28/2025 | Income and Employment Meet Guidelines; Most recent XX statement of January 2025 is present. IRA Rollover deposit on 1/28/2025 on the XX account is validated as according to the explanation from the Fiduciary Advisor, borrower received IRA distribution upon Spouse's death. | 03/31/2025 | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 56% is less than Guideline CLTV of 75%<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 56% is less than Guideline LTV of 75% A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 92010178039 | XX | XX | XX | XX | 03/XX/2025 | XX | AZ | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 03/21/2025 | Resolved | FCRE1206 | Credit | All Interested Parties Not Checked with Exclusionary Lists | All Interested Parties Not Checked with Exclusionary Lists. Per Guidelines, all parties involved in each transaction must be screened through any exclusionary list used by the seller. Despite this requirement, there is no evidence in the loan file that the Appraiser (xx has been cleared. | XX | 03/31/2025 | All Interested Parties Checked against Exclusionary Lists; Fraud Report provided indicate Appraiser (XX) has been cleared. | 03/31/2025 | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 56% is less than Guideline CLTV of 75%<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 56% is less than Guideline LTV of 75% A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 92010178039 | XX | XX | XX | XX | 03/XX/2025 | XX | AZ | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 03/21/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 56% is less than Guideline CLTV of 75%<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 56% is less than Guideline LTV of 75% A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 92010178039 | XX | XX | XX | XX | 03/XX/2025 | XX | AZ | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 03/21/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 56% is less than Guideline CLTV of 75%<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 56% is less than Guideline LTV of 75% A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 92300178274 | XX | XX | XX | XX | 03/XX/2025 | XX | FL | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 03/24/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of 37.34% is less than Guideline DTI of 50%<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 75% is less than Guideline CLTV of 85%<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 75% is less than Guideline LTV of 85%<br>Borrower has stable job time - Borrower has 3.25 years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 92300178274 | XX | XX | XX | XX | 03/XX/2025 | XX | FL | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 03/24/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of 37.34% is less than Guideline DTI of 50%<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 75% is less than Guideline CLTV of 85%<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 75% is less than Guideline LTV of 85%<br>Borrower has stable job time - Borrower has 3.25 years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 92300178274 | XX | XX | XX | XX | 03/XX/2025 | XX | FL | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 03/21/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of 37.34% is less than Guideline DTI of 50%<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 75% is less than Guideline CLTV of 85%<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 75% is less than Guideline LTV of 85%<br>Borrower has stable job time - Borrower has 3.25 years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 92300181593 | XX | XX | XX | XX | 03/XX/2025 | XX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/02/2025 | Resolved | FCOM9186 | Compliance | eSigned Documents Consent is Missing | The eSigned consent disclosure is missing. The eSigned documents consent is missing. | XX | 04/07/2025 | Evidence of eConsent is provided. | 04/08/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 764 is greater than Guideline minimum FICO of 740<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 63.09% is less than Guideline CLTV of 75%<br>Qualifying DTI below max allowed. - Calculated DTI of 20.15% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 13.26 years on job.<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 63.09% is less than Guideline LTV of 75% A | B | A B | B A | B A | B A | B A | B A | A | A | A | A | A |
| 92300181593 | XX | XX | XX | XX | 03/XX/2025 | XX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/02/2025 | Resolved | FCOM1266 | Compliance | Homeownership Counseling Disclosure Is Missing | Homeownership Counseling Disclosure Is Missing | XX | 04/07/2025 | Homeownership Counseling Disclosure Is Present or Not Applicable | 04/08/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 764 is greater than Guideline minimum FICO of 740<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 63.09% is less than Guideline CLTV of 75%<br>Qualifying DTI below max allowed. - Calculated DTI of 20.15% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 13.26 years on job.<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 63.09% is less than Guideline LTV of 75% A | B | A B | B A | B A | B A | B A | B A | A | A | A | A | A |
| 92300181593 | XX | XX | XX | XX | 03/XX/2025 | XX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/02/2025 | Resolved | FCOM5135 | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing | XX | 04/07/2025 | Required Affiliated Business Disclosure Documentation Provided; Affiliated attestation provided; Exception resolved | 04/08/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 764 is greater than Guideline minimum FICO of 740<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 63.09% is less than Guideline CLTV of 75%<br>Qualifying DTI below max allowed. - Calculated DTI of 20.15% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 13.26 years on job.<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 63.09% is less than Guideline LTV of 75% A | B | A B | B A | B A | B A | B A | B A | A | A | A | A | A |
| 92300181593 | XX | XX | XX | XX | 03/XX/2025 | XX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/02/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 764 is greater than Guideline minimum FICO of 740<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 63.09% is less than Guideline CLTV of 75%<br>Qualifying DTI below max allowed. - Calculated DTI of 20.15% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 13.26 years on job.<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 63.09% is less than Guideline LTV of 75% A | B | A B | B A | B A | B A | B A | B A | A | A | A | A | A |
| 92300181593 | XX | XX | XX | XX | 03/XX/2025 | XX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/02/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 764 is greater than Guideline minimum FICO of 740<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 63.09% is less than Guideline CLTV of 75%<br>Qualifying DTI below max allowed. - Calculated DTI of 20.15% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 13.26 years on job.<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 63.09% is less than Guideline LTV of 75% A | B | A B | B A | B A | B A | B A | B A | A | A | A | A | A |
| 92300178378 | XX | XX | XX | XX | 03/XX/2025 | XX | NH | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/02/2025 | Resolved | FCOM5135 | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing Required Affiliated Business Disclosure Missing | XX | 04/04/2025 | Required Affiliated Business Disclosure Documentation Provided; Affiliated attestation provided; Exception resolved | 04/07/2025 | Borrower has stable job time - Borrower has 16.99 years on job. A | B | A B | B A | B A | B A | B A | B A | A | A | A | A | A |
| 92300178378 | XX | XX | XX | XX | 03/XX/2025 | XX | NH | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/02/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | HPML is compliant 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. |  |  | HPML compliant | 04/04/2025 | Borrower has stable job time - Borrower has 16.99 years on job. A | B | A B | B A | B A | B A | B A | B A | A | A | A | A | A |
| 92300178378 | XX | XX | XX | XX | 03/XX/2025 | XX | NH | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/02/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | Borrower has stable job time - Borrower has 16.99 years on job. A | B | A B | B A | B A | B A | B A | B A | A | A | A | A | A |
| 92300178378 | XX | XX | XX | XX | 03/XX/2025 | XX | NH | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/02/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has 16.99 years on job. A | B | A B | B A | B A | B A | B A | B A | A | A | A | A | A |
| 92300178238 | XX | XX | XX | XX | 03/XX/2025 | XX | DE | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/03/2025 | Resolved | FCRE1201 | Credit | Third Party Fraud Report not Provided | Missing Third Party Fraud Report Missing required fraud report. | XX | 04/08/2025 | Third Party Fraud Report is provided; Third party fraud report for borrower received. | 04/09/2025 | Borrower has stable job time - Borrower has 11.24 years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 36.9% is less than Guideline DTI of 50%<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 60% is less than Guideline LTV of 70%<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 60% is less than Guideline CLTV of 70% A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 92300178238 | XX | XX | XX | XX | 03/XX/2025 | XX | DE | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/04/2025 | Resolved | FCOM5135 | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing Affiliated business disclosure is missing. | XX | 04/08/2025 | Required Affiliated Business Disclosure Documentation Provided; Affiliated attestation provided; exception resolved | 04/09/2025 | Borrower has stable job time - Borrower has 11.24 years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 36.9% is less than Guideline DTI of 50%<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 60% is less than Guideline LTV of 70%<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 60% is less than Guideline CLTV of 70% A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 92300178238 | XX | XX | XX | XX | 03/XX/2025 | XX | DE | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has 11.24 years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 36.9% is less than Guideline DTI of 50%<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 60% is less than Guideline LTV of 70%<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 60% is less than Guideline CLTV of 70% A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 92300182106 | XX | XX | XX | XX | 03/XX/2025 | XX | CA | ATR/QM: Exempt | Loan Review Complete | 04/08/2025 | Resolved | FCRE1437 | Credit | Income and Employment Do Not Meet Guidelines | Income and Employment Do Not Meet Guidelines Missing page 1 of 2022 personal tax returns. Additional conditions may apply. | XX | 04/14/2025 | Income and Employment Meet Guidelines; Page 1 of 2022 1040 tax return for the borrower was received. | 05/01/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 796 is greater than Guideline minimum FICO of 760<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 59.68% is less than Guideline CLTV of 75%<br>Borrower has stable job time - Borrower has 9.85 years on job.<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 59.68% is less than Guideline LTV of 75% A | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 92300182106 | XX | XX | XX | XX | 03/XX/2025 | XX | CA | ATR/QM: Exempt | Loan Review Complete | 04/14/2025 | Resolved | FCRE0377 | Credit | The Total Hazard Coverage is LESS than the Required Coverage Amount | The hazard insurance dwelling coverage of ($XX) is insufficient, not meeting the required coverage amount of ($XX). | XX | 04/30/2025 | The Total Hazard Coverage is greater than or equal to the Required Coverage Amount; Updated hazard insurance policy indicates dwelling replacement cost included. ; Hazard insurance coverage of $XX does not cover the 100% replacement cost as stated on the policy declaration page Hazard insurance Dec page reflects extended coverage, unable to determine amount of extended coverage. Condition remains. | 05/01/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 796 is greater than Guideline minimum FICO of 760<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 59.68% is less than Guideline CLTV of 75%<br>Borrower has stable job time - Borrower has 9.85 years on job.<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 59.68% is less than Guideline LTV of 75% A | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 92300182106 | XX | XX | XX | XX | 03/XX/2025 | XX | CA | ATR/QM: Exempt | Loan Review Complete | 04/08/2025 | Acknowledged | FCRE1199 | Credit | Audited Loan Amount is greater than Guideline Maximum Loan Amount | Audited Loan Amount of $XX is greater than the Guideline Maximum Loan Amount of $3500000 Loan approved with loan amount of $XX under the Flex Select 30 Year Fixed - NON QM, however guidelines max loan amount is $3,500,000. | XX | 04/23/2025 | Approved Lender Exception received; For loan amount > than the $3,500,000 Max GL. Current loan amount is $XX. Compensating factors; 3 months reserves greater than program requirement; FICO above the minimum by 20 points or higher; 5 years in current job; high discretionary income. | 04/24/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 796 is greater than Guideline minimum FICO of 760<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 59.68% is less than Guideline CLTV of 75%<br>Borrower has stable job time - Borrower has 9.85 years on job.<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 59.68% is less than Guideline LTV of 75% A | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 92300182106 | XX | XX | XX | XX | 03/XX/2025 | XX | CA | ATR/QM: Exempt | Loan Review Complete | 04/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 796 is greater than Guideline minimum FICO of 760<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 59.68% is less than Guideline CLTV of 75%<br>Borrower has stable job time - Borrower has 9.85 years on job.<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 59.68% is less than Guideline LTV of 75% A | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 92010175662 | XX | XX | XX | XX | 04/XX/2025 | XX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/18/2025 | Resolved | FCRE1158 | Credit | Hazard Insurance Policy is Partial | Hazard Insurance Policy Partially Provided File contains an insurance Binder only. Please provide final policy declaration | XX | 04/23/2025 | Hazard Insurance Policy is fully present; Homeowners Declarations policy for the subject property was received. | 04/24/2025 | Qualifying DTI below max allowed. - Calculated DTI of 8.62% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 8.35 years on job. A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 92010175662 | XX | XX | XX | XX | 04/XX/2025 | XX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/21/2025 | Resolved | FCOM9186 | Compliance | eSigned Documents Consent is Missing | The eSigned consent disclosure is missing. The eSigned documents consent is missing. Provide eConsent dated on or before 01/06/25. | XX | 04/23/2025 | Evidence of eConsent is provided. | 04/24/2025 | Qualifying DTI below max allowed. - Calculated DTI of 8.62% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 8.35 years on job. A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 92010175662 | XX | XX | XX | XX | 04/XX/2025 | XX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/19/2025 | Resolved | finding-2559 | Compliance | NY Subprime Home Loan Test | This loan failed the NY subprime home loan test. (NY SB 8143 Section 5, 1(c))Using the greater of the disclosed APR and the fully indexed rate, the loan is a subprime home loan, as defined in the legislation.While the New York Subprime Home Loan provisions specify that lenders may lawfully make this type of loan subject to certain conditions, some lenders and secondary market investors may prefer not to fund or buy subprime home loans even if the additional conditions are met. Requirements met |  |  | HPML compliant | 04/21/2025 | Qualifying DTI below max allowed. - Calculated DTI of 8.62% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 8.35 years on job. A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 92010175662 | XX | XX | XX | XX | 04/XX/2025 | XX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/19/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | 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. HPML requirements met. |  |  | HPML compliant | 04/21/2025 | Qualifying DTI below max allowed. - Calculated DTI of 8.62% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 8.35 years on job. A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 92010175662 | XX | XX | XX | XX | 04/XX/2025 | XX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/20/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of 8.62% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 8.35 years on job. A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |

---

## Exhibit 99.5

**Exhibit 99.5 Schedule 3**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan 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** | **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** | **Second Desk Review Variance Amount** | **Second Desk Review Variance Percent** | **Second Desk Review Appraisal Date** | **Second Desk Review Appraised Value** | **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** | **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** |
| 92300177577 | XX | XX |  | 2/XX/2025 | XX | XX |  | XX | 1/XX/2025 | URAR Form 1004 Form 70 | XX | 65.00% | 65.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.2 |  |
| 92300178126 | XX | XX |  | 4/XX/2025 | XX | XX |  | XX | 12/XX/2024 | Form 1025 | XX | 80.00% | 80.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low Risk | 2/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 92300182912 | XX | XX |  | 4/XX/2025 | XX |  |  | XX | 10/XX/2024 | Form 1073 | XX | 63.25% | 63.25% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | -6.84% | XX | Moderate Risk | 2/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3/XX/2025 |  |  |  | Not Eligible | 4.5 |  |
| 92010178158 | XX | XX |  | 3/XX/2025 | XX |  |  | XX | 2/XX/2025 | Form 1025 | XX | 70.00% | 70.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Moderate Risk | 2/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 92010176432 | XX | XX |  | 2/XX/2025 | XX | XX |  | XX | 1/XX/2025 | URAR Form 1004 Form 70 | XX | 75.00% | 75.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low Risk | 1/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.8 |  |
| 1973200 | XX | XX |  | 10/XX/2024 | XX |  |  | XX | 9/XX/2024 | URAR Form 1004 Form 70 | XX | 75.00% | 75.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 1973408 | XX | XX |  | 11/XX/2024 | XX |  |  | XX | 10/XX/2024 | URAR Form 1004 Form 70 | XX | 80.00% | 80.00% |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | 8.27% | 91% | 9% | XX |  | 10/XX/2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 1973242 | XX | XX |  | 11/XX/2024 | XX | XX |  | XX | 11/XX/2024 | URAR Form 1004 Form 70 | XX | 75.00% | 75.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 1973389 | XX | XX |  | 11/XX/2024 | XX | XX |  | XX | 10/XX/2024 | URAR Form 1004 Form 70 | XX | 70.00% | 70.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 1973357 | XX | XX |  | 11/XX/2024 | XX |  |  | XX | 9/XX/2024 | URAR Form 1004 Form 70 | XX | 76.00% | 76.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.4 |  |
| 1973322 | XX | XX |  | 11/XX/2024 | XX |  |  | XX | 11/XX/2024 | URAR Form 1004 Form 70 | XX | 77.75% | 77.75% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 1973284 | XX | XX |  | 12/XX/2024 | XX | XX |  | XX | 9/XX/2024 | URAR Form 1004 Form 70 | XX | 60.00% | 60.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 1973292 | XX | XX |  | 12/XX/2024 | XX | XX |  | XX | 11/XX/2024 | URAR Form 1004 Form 70 | XX | 41.90% | 41.90% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.7 |  |
| 92010176856 | XX | XX |  | 02-XX-2025 | XX |  | 0 | XX | 11-XX-2024 | 1004 URAR | XX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.2 |  |
| 92010177215 | XX | XX |  | 02-XX-2025 | XX | XX | 0 | XX | 02-XX-2025 | 1004 URAR | XX | 42.31 | 42.31 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 92010178039 | XX | XX |  | 03-XX-2025 | XX |  | 0 | XX | 01-XX-2025 | 1004 URAR | XX | 56.0 | 56.0 | XX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0 | .0000 | XX | Low Risk | 02-XX-2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.1 |  |
| 92300178274 | XX | XX |  | 03-XX-2025 | XX | XX | 0 | XX | 03-XX-2025 | 1073 Individual Condo Report | XX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 92300181593 | XX | XX |  | 03-XX-2025 | XX |  | 0 | XX | 03-XX-2025 | 1004 URAR | XX | 63.09 | 63.09 | XX | 0 | .0000 | Desk Review |  |  |  |  | XX | XX | .0123 | 02-XX-2025 | 1004 URAR |  |  |  |  |  |  |  |  | XX | 0 | .0000 | XX | Low Risk | 03-XX-2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.1 |  |
| 92300178378 | XX | XX |  | 03-XX-2025 | XX |  | 0 | XX | 02-XX-2025 | 1004 URAR | XX | 65.0 | 65.0 | XX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0 | .0000 | XX | Reasonable | 02-XX-2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4.2 |  |
| 92300178238 | XX | XX |  | 03-XX-2025 | XX |  | 0 | XX | 02-XX-2025 | 1004 URAR | XX | 60.0 | 60.0 | XX | XX | .0476 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | .0476 | XX | Reasonable | 02-XX-2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.6 |  |
| 92300182106 | XX | XX |  | 03-XX-2025 | XX | XX | 0 | XX | 03-XX-2025 | 1004 URAR | XX | 59.68 | 59.68 | XX | 0 | .0000 | Desk Review |  |  |  |  | XX | 0 | .0000 | 03-XX-2025 | 1004 URAR |  |  |  |  |  |  |  |  | XX | 0 | .0000 | XX | Low Risk | 03-XX-2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 92010175662 | XX | XX |  | 04-XX-2025 | XX | XX | 0 | XX | 01-XX-2025 | 1025 Small Residential Income Report | XX | 75.0 | 75.0 | XX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0 | .0000 | XX | Low | 01-XX-2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.5

**Exhibit 99.5 Schedule 4**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Loan ID | **Loan ID** | **Seller Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 92300177577 | XX | XX | Property Type | PUD | SFR | correct based on appraisal |
| 92300177577 | XX | XX | As-Is Value | XX | XX | As is value versus purchase price |
| 92300177577 | XX | XX | Mo Pymt (P&I) | 1313.75 | 2021.16 | P&I is $1,313.75 per note |
| 92300177577 | XX | XX | T & I Payment | $677.00 | $0.00 | blank on tape |
| 92300177577 | XX | XX | Origination Date | XX | XX | Correct based on note |
| 92300178126 | XX | XX | DSCR | 1.45 | 1.19 | $4,000 gross rents / $2,761.14 PITIA = 1.45 DSCR |
| 92300178126 | XX | XX | Mo Pymt (P&I) | 2139.83 | 2361.91 | P&I is $2,139.83 per note |
| 92300178126 | XX | XX | T & I Payment | $621.31 | $988.00 | $113.08 insurance + $508.23 taxes= $621 TIA |
| 92300178126 | XX | XX | First Pymt Date | XX | XX | First payment date is XX per note |
| 92300178126 | XX | XX | Maturity Date | XX | XX | Maturity date is XX per note |
| 92010176432 | XX | XX | NON QM Months Reserves | 20.50103255 | 17.51 | Months reserves based on funds to close in file |
| 92010176856 | XX | XX | Qualifying Total Reserves Number of Months | 31.18 | 30.48 | Verified 9 months reserves with the cash back from the subject refinance/CD |
| 92010176856 | XX | XX | Qualifying All Borrower Residual Income | 595223.9 | 603444.53 | Verified residual income of $1500/month with the income and credit documentation in the file |
| 92010177215 | XX | XX | Property Value | XX | XX | Per appraisal |
| 92010177215 | XX | XX | Qualifying Total Reserves Number of Months | 16.27 | 16.72 | Per verified assets |
| 92010177215 | XX | XX | Qualifying All Borrower Residual Income | 24346.24 | 17040.76 | Based on verified income and total debts |
| 92010178039 | XX | XX | Qualifying Total Reserves Number of Months | 12.31 | 12.35 | Based on verified assets |
| 92010178039 | XX | XX | Qualifying All Borrower Residual Income | 4832.97 | 4833.44 | Based on verified income and total debts |
| 92300178274 | XX | XX | Property Value | XX | XX | Verified to appraisal |
| 92300178274 | XX | XX | Qualifying Total Reserves Number of Months | 7.25 | 0.00 | Verified to assets |
| 92300178274 | XX | XX | Qualifying All Borrower Residual Income | 7231.09 | 9939.92 | Verified to income minus total monthly debt |
| 92300181593 | XX | XX | Qualifying Total Reserves Number of Months | 23.55 | 0.00 | used with the assets on file |
| 92300181593 | XX | XX | Qualifying All Borrower Residual Income | 94476.45 | 100874.76 | system calculated |
| 92300178378 | XX | XX | Application Date | XX | XX | The Application Date is XX confirmed with the Initial 1003. |
| 92300178378 | XX | XX | Qualifying CLTV | 65.0 | 105.31 | The Qualifying CLTV was confirmed with the Appraisal provided. |
| 92300178378 | XX | XX | Qualifying Total Reserves Number of Months | 16.16 | 0.00 | The Qualifying Total Reserves Number of Months was confirmed with the Cash--Out from this transaction. |
| 92300178378 | XX | XX | Qualifying All Borrower Residual Income | 7302.12 | 11011.92 | The Qualifying All Borrower Residual Income was verified with the Business bank statements provided. |
| 92300178238 | XX | XX | Property County | XX | XX | Per Mortgage |
| 92300178238 | XX | XX | Qualifying Total Reserves Number of Months | 117.5 | 0.00 | Per CD |
| 92300178238 | XX | XX | Qualifying All Borrower Residual Income | 6940.99 | 8797.15 | Per income less all debts |
| 92300182106 | XX | XX | Qualifying FICO | 796 | 772 | Verified to credit and 1008. 772 is borrower lowest score |
| 92300182106 | XX | XX | Qualifying Total Reserves Number of Months | 25.07 | 0.00 | Per asset documentation provided. |
| 92300182106 | XX | XX | Qualifying All Borrower Residual Income | 60649.67 | 94122.91 | Qualifying residual income verified via income and credit documentation. |
| 92010175662 | XX | XX | Property Value | XX | XX | Appraisal reflects $XX value. Purchase price is $XX |
| 92010175662 | XX | XX | Qualifying Total Reserves Number of Months | 7.38 | 8.06 | 7.38 months of reserves confirmed after cash to close, escrow deposit. |
| 92010175662 | XX | XX | Qualifying All Borrower Residual Income | 87684.4 | 89465.75 | Monthly income $95,957.66- total confirmed expenses of $8273.26 is $87,684.40 |

---

## Exhibit 99.6

**Exhibit 99.6**

**EXECUTIVE SUMMARY<br> Third Party Due Diligence Review**

**Overview**

Digital Risk, LLC ("Digital Risk"), a third party due diligence provider, performed the review described below on behalf of its client, Rithm Capital. The review included a total of 78 newly originated residential mortgage loans, in connection with the securitization identified as NRMLT 2025-NQM4 (the "Securitization"). The review began on September 24, 2024, and concluded on May 29, 2025.

The third-party due diligence services are intended to generally comply with currently known rating agency criteria for newly originated mortgage loans.

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Identity of NRSRO** | &nbsp;&nbsp;**Title and Date of Criteria** |
| &nbsp;&nbsp;Kroll Bond Rating Agency, LLC | &nbsp;&nbsp;KBRA - U.S. RMBS Rating methodology, December 7th, 2023 |
| &nbsp;&nbsp;S&P Global Ratings | &nbsp;&nbsp; Global Methodology And Assumptions: Assessing Pools Of Residential Loans, Jan. 25, 2019<br> Global Methodology And Assumptions: Assessing Pools Of Residential Loans--U.S. And Canada Supplement, Feb 21, 2025 |

---

**Scope of Review**

**DUE DILIGENCE REVIEWS – DSCR Loans:**

&nbsp;&nbsp;&nbsp;&nbsp;A. CREDIT REVIEW .

"Credit Review" means that Digital Risk performed a re-underwriting review of Loans to verify compliance with the applicable Client Guidelines in effect at the time of Loan origination and ensure the characteristics used by the underwriter were supported by the file documentation; and that any Loans outside of those Client Guidelines contain legitimate and approved exceptions with compensating factors. The "Credit Review" included the following:

1. <u>Review Initial & Final Application</u> 

&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.

&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;c. Compare data on final form 1003 with the data from verifications

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Form is Complete, Signed, Dated, on or before loan consummation date,

2. <u>Review Approval Conditions</u> 

&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;b. Validation of assets/funds to close

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Validation of DSCR or qualification method and LTV calculations

3. <u>Review Occupancy/Red Flags</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Occupancy is supported

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Occupancy Red Flags adequately addressed

4. <u>Verification of Borrower Original and Audit Credit Report</u> 

&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;b. AKA's investigated and cleared

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Acceptable credit history and credit score requirements in conformance with Goldman's guidelines.

5. <u>Order and Reviews Risk IQ Report (if requested)</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Validates Social Security number and year issued

&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;c. Confirms OFAC clearances

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Identifies bankruptcy filings with the Borrower(s) name.

6. <u>Verification of Borrower Asset Information</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. lease agreement or market survey for rental income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Validate borrowers monthly gross income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Validate DSCR Calculation of rent per lease or comparable rent schedule from appraisal
divided by the subject total PITIA payment – DSCR If Lease and comparable rent payments differ Digital Risk will refer to the client
guidelines for further guidance.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Assets

&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;ii. Check dates for document expiration

7. <u>Review Sales Contract</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Complete and executed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Earnest Money Deposit verified

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Parties are consistent

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Seller contributions are within guidelines

8. <u>Hazard and Flood (if applicable)</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Verify sufficient coverage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Verify coverage is for subject

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Validate all premiums are included in DSCR and any required upfront premium is paid

9. <u>Review Title Commitment/Policy</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Vesting correct

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Lien position

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Legal description

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Validate no encumbrances

10. <u>Review Closing Documents</u>.

&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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Correct and complete instruments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Review Settlement Statement

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Right to Cancel (if applicable)

&nbsp;&nbsp;&nbsp;&nbsp;B. Valuation Review

1. <u>Review Appraisal</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Digital Risk'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. Digital Risk's review included verifying the appraisal report:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. On the appropriate appraisal form:

&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;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;iii. Property is acceptable collateral for Loan program

&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;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 evidence
that Client approved use of that appraisal

&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 closing of the loan.
Any revisions, if made known to Digital Risk, 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;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;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, Digital Risk will review
third-party products in the file to ensure the correct value was applied per Client Guidelines

&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, Digital Risk's review will (a) review 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) confirm the property value and square footage of the subject property was bracketed by comparable
properties, (c) verify that comparable properties used are similar in size, style, and location to the subject, and (d) check 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;x. Other aspects of Digital Risk's review include (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 if there are negative external factors, there is support in the loan file of the Client's approval
to waive the factor; 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;c. If more than one valuation was provided, Digital Risk will confirm consistency among the valuation products
and if there are discrepancies that could not be resolved, Digital Risk 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 Digital Risk's review result in a variance of more than 10%
then the Client will be notified of such variance.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Digital Risk will confirm to the extent possible, that the appraiser and the appraisal made by such appraiser
both satisfied the requirements of Title XI of FIRREA. Specifically, Digital Risk will review the appraisal for conformity to industry
standards, including ensuring the appraisal was complete, that the comparable properties and adjustments were documented and that pictures
were provided and were accurate.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. In addition, Digital Risk will access 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.

&nbsp;&nbsp;&nbsp;&nbsp;C. Compliance Review

"Compliance Review" means that Digital Risk reviewed each Loan to determine, as applicable, to the extent possible and subject to the caveats below, whether the Loan complied with the applicable Federal, State, and local regulatory requirements as noted below, each as amended, restated and/or replaced from time to time.

1. Federal Truth in Lending Act ("TILA"), as implemented by Regulation Z, 12 C.F.R. Part 1026,
as set forth below (for applicable Owner Occupied Properties):

&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;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;c. errors in the right of rescission notice;

&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;e. failure to provide the three (3) business day rescission period; and

&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;

2. <u>TILA</u> (for applicable Owner Occupied Properties)

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

&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;ii. Compliance with the escrow account and appraisal requirements.

3. Business Purpose Loan Compliance Review

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Non-Owner Occupied Declaration Disclosure

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Review Note accuracy and properly executed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Review Mortgage and applicable riders for accuracy and properly executed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Occupancy Letter (must state that borrower(s) will not reside in the property for more than 14 days on
any calendar year, and be acknowledged by the consumer).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. HMDA section (Information for Government Monitoring Purposes) of the application (initial and/or final)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. If property is in a flood zone, Flood Notice must be provided prior to closing

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Right to Receive Copy of Appraisal or Appraisal Waiver Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Letter of Explanation detailing the use of proceeds.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Borrower's statement of purpose for the loan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. State License requirements when applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. State Predatory lending and high cost when applicable

4. <u>Exclusions</u>. Digital Risk reviews do not test for:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Technical formatting of disclosures.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Other Post-consummation disclosures, including Escrow Closing Notice; and Mortgage servicing transfer
and partial payment notices.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. 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;d. Whether any fee is a "bona fide" fee for third-party services

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Whether the loans comply with all federal, state or local laws, constitutional provisions, regulations
or ordinances that are not expressly enumerated above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>QM/ATR Credit Review – (If applicable)</u> 

Loans with application dates after January 10, 2014 are subject to the Qualified Mortgage ("QM") rule and the Ability to Repay ("ATR") rule under Regulation Z – the Truth in Lending Act. For these Loans, Digital Risk will (a) confirm that the originator/aggregator provided a QM designation, and (b) review the Loan for the eight (8) key underwriting factors described in sub-sections (a) – (h) below that are required pursuant to the ATR rule (an "<u>ATR Review</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;a. 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, excluding investment properties, as set
forth below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 general Ability to Repay (ATR) underwriting standards (12 C.F.R. 1026.43(c))
as evaluated based on the applicable investor 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;&nbsp;&nbsp;&nbsp;&nbsp;ii. Refinancing of non-standard mortgages (12 C.F.R. 1026.43(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;&nbsp;&nbsp;&nbsp;&nbsp;iii. 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;&nbsp;&nbsp;&nbsp;&nbsp;&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. Balloon-payment qualified mortgages made by certain creditors (12 C.F.R. 1026.43(f)).

&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. Digital Risk will review applicable mortgage loans for compliance with the ATR
and QM rule requirements based upon each mortgage loan's originator designation of QM, Non- QM, or exempt from ATR. Digital Risk
determines the mortgage loan's status under the ATR or QM rule requirements and assigns a due diligence mortgage loan designation.
Generally, Digital Risk notes as a material exception if the due diligence findings do not confirm the originator's mortgage loan
designation. Additionally, Digital Risk notes if an originator mortgage loan designation was not 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;c. Digital Risk utilizes the following designations for applicable loans: QM designations:
QM Safe-Harbor, Temporary QM, Non-QM, QM Rebuttal Presumption and ATR Designations: ATR
Compliant, ATR Exempt and 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;d. With respect to QM (Safe Harbor and Higher-priced) designated mortgage loans, Digital
Risk 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) 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.

&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. If a mortgage loan was designated as QM, Digital Risk 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.

For each QM designated mortgage loan that satisfied the applicable requirements enumerated above, Digital Risk then determines whether the mortgage loan is a Safe Harbor QM or QM Rebuttable Presumption 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.).

&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 each QM designated mortgage loan that does not satisfy the applicable requirements
enumerated above, Digital Risk then determines whether the mortgage loan complies with the ATR rule consideration and verification requirements,
as defined within the applicable underwriting guidelines, and provides a due diligence designation of Non-QM indicating compliant, ATR
risk indicating it may not be compliant, or ATR Fail, indicating it is non- 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;g. Digital Risk 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 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;&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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· 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;&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;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Simultaneous Loans - Ensure that all concurrent Loans were included in the debt-
to-income ratio ("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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Mortgage-Related Obligations - Validate that the subject Loan monthly payment calculation
includes principle, interest, taxes, and insurance ("PITI"), as well as other costs related to the property such as homeowners'
association ("HOA") fees, private mortgage insurance ("PMI"), 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;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. DTI / Residual Income - Validate debt-to-income ratio (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;&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;2. <u>General QM for any loans originated under the GQM Rule – (If applicable)</u> 

Pricing Thresholds:

&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. Pricing for First Lien 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;i. 2.25% for a first-lien covered transaction with a loan amount greater than or equal to $110,260;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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. 3.5% for a first-lien covered transaction with a loan amount greater than or equal to $66,156 but less than
$110,260; 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;&nbsp;&nbsp;&nbsp;&nbsp;iii. 6.5% for a first-lien covered transaction with a loan amount less than $66,156.

&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. Pricing for Subordinate Lien 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;i. 3.5% for a subordinate-lien covered transaction with a loan amount greater than or equal to $66,156; 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;&nbsp;&nbsp;&nbsp;&nbsp;ii. 6.5% for a subordinate-lien covered transaction with a loan amount less than $66,156.

&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. Pricing for Manufactured Homes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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. 2.25% for a first-lien covered transaction secured by a manufactured home1 with a loan amount equal to or
greater than $110,260; 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;&nbsp;&nbsp;&nbsp;&nbsp;ii. 6.5% for a covered transaction secured by a manufactured home with a loan amount less than $110,260.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Consider Income and Assets:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Consumer's current or reasonably expected income or assets (other than the value of the dwelling that
secures the loan;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o The consumer's debt obligations, alimony, child support; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o The monthly DTI or residual income.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Verification of Income and Assets:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Verification in compliance with one of the "safe harbor" guidelines will meet the QM verification
requirement. A creditor is allowed to "mix and match" provisions of the different guidelines rather than only apply one guideline
per loan.

The specific guidelines that the CFPB is designating for the safe harbor are: The GQM Rule provides that if the creditor verifies the consumer's income or assets, debt obligations, alimony, child support, and monthly DTI or residual income by meeting the standards of certain specified third-party underwriting manuals, then a creditor is presumed to have complied with the **verification** requirement. These specified manuals are:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Chapters B3-3 through B3-6 of the Fannie Mae Single Family Selling Guide, published June 3, 2020;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Sections 5102 through 5500 of the Freddie Mac Single-Family Seller/Servicer Guide, published June 10, 2020;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Sections II.A.1 and II.A.4-5 of the Federal Housing Administration's Single Family Housing Policy Handbook,
issued October 24, 2019;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Chapter 4 of the U.S. Department of Veterans Affairs' Lenders Handbook, revised February 22, 2019;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Chapter 4 of the U.S. Department of Agriculture's Field Office Handbook for the Direct Single Family
Housing Program, revised March 15, 2019; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Chapters 9 through 11 of the U.S. Department of Agriculture's Handbook for the Single Family Guaranteed
Loan Program, revised March 19, 2020.

**DUE DILIGENCE REVIEWS – Bank Statement Loans:**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. CREDIT REVIEW .

"Credit Review" means that Digital Risk performed a re-underwriting review of Loans to verify compliance with the applicable Client Guidelines in effect at the time of Loan origination and ensure the characteristics used by the underwriter were supported by the file documentation; and that any Loans outside of those Client Guidelines contain legitimate and approved exceptions with compensating factors. The "Credit Review" included the following:

The "Credit Review" included the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>Review Initial & Final Application</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;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;&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;&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;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>Review AUS Decision and Approval Conditions</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;a. Accept/Eligible decision

b. AUS data integrity

&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. Underwriting decision is supported (AUS or 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Validation of income calculations

&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. Validation of assets/funds to close

&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. Validation of DTI calculations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Validation of LTV calculations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Reconcile AUS mismatches

&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. Validation of payment shock calculations 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;j. Validation of payment shock calculations if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Review Occupancy/Red Flags</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;a. Occupancy is supported

&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. Red Flags adequately addressed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>Reverification of Borrower Original and Audit Credit Report (if needed)</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;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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. AKA's investigated and cleared

&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. 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Acceptable credit history and credit score requirements

&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. The Reverifications within this section are intended to meet the Client Guidelines,
Additional Guidelines or Agency Guidelines for post-closing quality control reverifications.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. <u>Order and Reviews Risk IQ Report to compare vs loan documentation (if requested)</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;a. Validates Social Security number and year issued

&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. Verifies address information associated with the Borrower (s)

&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. Confirms OFAC clearances

&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. Reveals any potential bankruptcy filings

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. <u>Verification of Borrower Employment, Income, and Asset Information</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;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;&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;&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;&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;&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;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Review employment and income by analyzing income documents and comparing against
re-verification documents

ii. W-2s and Paystubs

iii. Transcripts (as applicable) support income

iv. Tax Returns and Profit and Loss Statements, as applicable

v. Bank Statements or other Alternate Income documents as required by the Client Guidelines or Additional Guidelines

vi. Consistent/Continuing Employment

vii. The Reverifications within this section are intended to meet the Agency Guidelines for post- closing quality control reverifications. (If needed)

c. Assets

i. Confirm adequate funds to cover required down payment and closing costs and reserves

ii. Check dates for document expiration

iii. Sufficient funds were sourced and seasoned

iv. Gift funds verified and met Client Guidelines or Additional Guidelines

v. The Reverifications within this section are intended to meet the Client or Agency Guidelines for post- closing quality control reverifications.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <u>Review Sales Contract</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;a. Complete and 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;b. Earnest Money Deposit verified

&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. Parties are consistent

&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. Seller contributions are within Client Guidelines or Additional Guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <u>Hazard and Flood (if applicable)</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;a. Verify sufficient coverage

&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 coverage is for subject

&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. Validate all premiums are included in DTI and any required upfront premium is paid

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. <u>Mortgage Insurance (if applicable)</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;a. Certificate in 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;b. Sufficient Coverage

&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. Premium indicated and included in DTI

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12. <u>Review Title Commitment/Policy</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;a. Vesting correct

&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. Lien position

&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. Legal description

&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. Validate no encumbrances

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13. <u>Review Closing Documents</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;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;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Closing 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;d. Right to Cancel (if applicable)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14. <u>QM/ATR Credit Review – (If applicable)</u> 

Loans with application dates after January 10, 2014 are subject to the Qualified Mortgage ("QM") rule and the Ability to Repay ("ATR") rule under Regulation Z – the Truth in Lending Act. For these Loans, Digital Risk will (a) confirm that the originator/aggregator provided a QM designation, and (b) review the Loan for the eight (8) key underwriting factors described in sub-sections (a) – (h) below that are required pursuant to the ATR rule (an "<u>ATR Review</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;a. 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, excluding investment properties, as set
forth below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 general Ability to Repay (ATR) underwriting standards (12 C.F.R. 1026.43(c))
as evaluated based on the applicable investor 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;&nbsp;&nbsp;&nbsp;&nbsp;ii. Refinancing of non-standard mortgages (12 C.F.R. 1026.43(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;&nbsp;&nbsp;&nbsp;&nbsp;iii. 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;&nbsp;&nbsp;&nbsp;&nbsp;&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. Balloon-payment qualified mortgages made by certain creditors (12 C.F.R. 1026.43(f)).

&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. Digital Risk will review applicable mortgage loans for compliance with the ATR
and QM rule requirements based upon each mortgage loan's originator designation of QM, Non- QM, or exempt from ATR. Digital Risk
determines the mortgage loan's status under the ATR or QM rule requirements and assigns a due diligence mortgage loan designation.
Generally, Digital Risk notes as a material exception if the due diligence findings do not confirm the originator's mortgage loan
designation. Additionally, Digital Risk notes if an originator mortgage loan designation was not 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;c. Digital Risk utilizes the following designations for applicable loans: QM designations:
QM Safe-Harbor, Temporary QM, Non-QM, QM Rebuttal Presumption and ATR Designations: ATR Compliant, ATR Exempt and 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;d. With respect to QM (Safe Harbor and Higher-priced) designated mortgage loans, Digital
Risk 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) 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.

&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. If a mortgage loan was designated as QM, Digital Risk 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.

&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 each QM designated mortgage loan that satisfied the applicable requirements
enumerated above, Digital Risk then determines whether the mortgage loan is a Safe Harbor QM or QM Rebuttable Presumption 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.).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. For each QM designated mortgage loan that does not satisfy the applicable requirements
enumerated above, Digital Risk then determines

whether the mortgage loan complies with the ATR rule consideration and verification requirements, as defined within the applicable underwriting guidelines, and provides a due diligence designation of Non-QM indicating compliant, ATR risk indicating it may not be compliant, or ATR Fail, indicating it is non- 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;h. Digital Risk 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 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;&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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· 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;&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;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Simultaneous Loans - Ensure that all concurrent Loans were included in the debt-
to-income ratio ("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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Mortgage-Related Obligations - Validate that the subject Loan monthly payment calculation
includes principle, interest, taxes, and insurance ("PITI"), as well as other costs related to the property such as homeowners'
association ("HOA") fees, private mortgage insurance ("PMI"), 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;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. DTI / Residual Income - Validate debt-to-income ratio (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;&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;15. <u>General QM for any loans originated under the GQM Rule – (If applicable)</u> 

Pricing Thresholds:

&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. Pricing for First Lien 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;i. 2.25% for a first-lien covered transaction with a loan amount greater than or equal to $110,260;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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. 3.5% for a first-lien covered transaction with a loan amount greater than or equal to $66,156 but less than
$110,260; 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;&nbsp;&nbsp;&nbsp;&nbsp;iii. 6.5% for a first-lien covered transaction with a loan amount less than $66,156.

&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. Pricing for Subordinate Lien 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;i. 3.5% for a subordinate-lien covered transaction with a loan amount greater than or equal to $66,156; 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;&nbsp;&nbsp;&nbsp;&nbsp;ii. 6.5% for a subordinate-lien covered transaction with a loan amount less than $66,156.

&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. Pricing for Manufactured Homes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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. 2.25% for a first-lien covered transaction secured by a manufactured home1 with a loan amount equal to or
greater than $110,260; 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;&nbsp;&nbsp;&nbsp;&nbsp;ii. 6.5% for a covered transaction secured by a manufactured home with a loan amount less than $110,260.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Consider Income and Assets:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Consumer's current or reasonably expected income or assets (other than the value of the dwelling that
secures the loan;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o The consumer's debt obligations, alimony, child support; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o The monthly DTI or residual income.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Verification of Income and Assets:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Verification in compliance with one of the "safe harbor" guidelines will meet the QM verification
requirement. A creditor is allowed to "mix and match" provisions of the different guidelines rather than only apply one guideline
per loan.

The specific guidelines that the CFPB is designating for the safe harbor are: The GQM Rule provides that if the creditor verifies the consumer's income or assets, debt obligations, alimony, child support, and monthly DTI or residual income by meeting the standards of certain specified third-party underwriting manuals, then a creditor is presumed to have complied with the **verification** requirement. These specified manuals are:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. Chapters B3-3 through B3-6 of the Fannie Mae Single Family Selling Guide, published June 3, 2020;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Sections 5102 through 5500 of the Freddie Mac Single-Family Seller/Servicer Guide, published June 10, 2020;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ix. Sections II.A.1 and II.A.4-5 of the Federal Housing Administration's Single Family Housing Policy Handbook,
issued October 24, 2019;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Chapter 4 of the U.S. Department of Veterans Affairs' Lenders Handbook, revised February 22, 2019;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;xi. Chapter 4 of the U.S. Department of Agriculture's Field Office Handbook for the Direct Single Family
Housing Program, revised March 15, 2019; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16. Chapters 9 through 11 of the U.S. Department of Agriculture's Handbook for
the Single Family Guaranteed Loan Program, revised March 19, 2020.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Valuation Review

&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. Digital Risk'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. Digital Risk's review included verifying
the appraisal report.

&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. 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;&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;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Property is acceptable collateral for Loan program

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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;&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;&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 Digital Risk, 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;&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;&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,
Digital Risk will recommend 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ix. With regard to the use of comparable properties, Digital Risk's review will
(a) review 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) confirm
the property value and square footage of the subject property was bracketed by comparable properties, (c) verify that comparable properties
used are similar in size, style, and location to the subject, and (d) check 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Other aspects of Digital Risk's review include (a) verifying that the address
matched the mortgage note, (b) if requested, noting whether the property zip code was declared a FEMA disaster area after the valuation
date and notifying the Client of same, (c) confirming the appraisal report does not include any apparent environmental problems, (d) confirming
the appraisal notes the current use of the property is legal or legal non-conforming (grandfathered), (e) reviewing pictures to ensure
(1) that the property is in average or better condition and any repairs are noted where required and (2) that the subject property is
the one for which the valuation was ordered and that there are no negative external factors; and (f) 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. If more than one valuation was provided, Digital Risk will confirm consistency
among the valuation products and if there are discrepancies that could not be resolved, Digital Risk 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 Digital Risk's review result in a variance of
more than 10% then the client will be notified of such variance.

&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. Digital Risk will confirm to the extent possible, that the appraiser and the appraisal
made by such appraiser both satisfied the requirements of Title XI of FIRREA. Specifically, Digital Risk 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. In addition, Digital Risk will access 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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. COMPLIANCE REVIEW .

"Compliance Review" means that Digital Risk reviewed each Loan to determine, as applicable, to the extent possible and subject to the caveats below, whether the Loan complied with the applicable Federal, State, and local regulatory requirements as noted below, each as amended, restated and/or replaced from time to time.

The below Compliance Review is applicable to Loans originated on or after October 3, 2015, which are subject to the TILA/RESPA Integrated Disclosure Rule ("<u>TRID</u>").

With regard to TILA-RESPA Integrated Disclosure ("TRID") testing, Digital Risk 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 Industry Group (the "SFIG Compliance Review Scope") and (ii) outside counsel's interpretations of the published regulations as of the date of review of each mortgage loan. Digital Risk 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 Digital Risk 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;&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;&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 Digital Risk

&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. If there is a Revised LE, confirm (i) that there is a "valid reason" for the Revised LE; 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) that the Revised LE was issued within three (3) days of the change.

&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. 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;&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;&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;&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;&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;&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 Digital Risk.

&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. 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;&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;&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;&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;&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;&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;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. failure to provide the three (3) business day rescission period; 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;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;&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;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>TILA</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;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;&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;&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;&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;&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;&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;&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;&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;&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;&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;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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;&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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Note: Where available, Digital Risk 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,
Digital Risk'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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. <u>RESPA:</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;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;&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;&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;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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;&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;&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;&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;&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;&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;&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;&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;&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;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. <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;&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;&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;&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;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <u>Other Provisions</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;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;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Fed/State/Local Predatory Lending:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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;&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;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <u>Exclusions</u>. Digital Risk will not 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;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;&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;&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.

**Data Discrepancy Report**

As part of the Credit and Compliance Reviews, Digital Risk captured data from the source documents and compared it to a data tape provided by Client. Digital Risk provided Client a Data Discrepancy Report which shows the differences between the tape data and the data captured by Digital Risk during the diligence process. Tape values that are blank indicate that the data was not provided on the provided data tape but Digital Risk captured it during the review. The table below reflects the discrepancies inclusive of the blank data fields. The percentages are based on the total loan count:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Fields Reviewed** | &nbsp;&nbsp;**Discrepancy Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;Amortization Term in Months | &nbsp;&nbsp;11 | &nbsp;&nbsp;14.10% |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;1 | &nbsp;&nbsp;1.28% |
| &nbsp;&nbsp;CLTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;1.28% |
| &nbsp;&nbsp;Debt Service Coverage Ratio | &nbsp;&nbsp;53 | &nbsp;&nbsp;67.95% |
| &nbsp;&nbsp;First Payment Due Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;1.28% |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;4 | &nbsp;&nbsp;5.13% |
| &nbsp;&nbsp;LTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;1.28% |
| &nbsp;&nbsp;Original Qualifying FICO Score | &nbsp;&nbsp;1 | &nbsp;&nbsp;1.28% |
| &nbsp;&nbsp;Origination/Note Date | &nbsp;&nbsp;15 | &nbsp;&nbsp;19.23% |
| &nbsp;&nbsp;Originator Back-End DTI | &nbsp;&nbsp;4 | &nbsp;&nbsp;5.13% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;4 | &nbsp;&nbsp;5.13% |
| &nbsp;&nbsp;The Original Principal and Interest Payment Amount | &nbsp;&nbsp;3 | &nbsp;&nbsp;3.85% |

---

**Summary of Results**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Overall Loan Results:** | &nbsp;&nbsp;**Overall Loan Results:** | &nbsp;&nbsp;**Overall Loan Results:** | &nbsp;&nbsp;**Overall Loan Results:** |
| &nbsp;&nbsp;Event Grade | &nbsp;&nbsp;Loan Count | &nbsp;&nbsp;Original Principal Balance | &nbsp;&nbsp;Percent of Sample |
| &nbsp;&nbsp;Event Grade A | &nbsp;&nbsp;20 | &nbsp;&nbsp;$5524149.00 | &nbsp;&nbsp;25.64% |
| &nbsp;&nbsp;Event Grade B | &nbsp;&nbsp;58 | &nbsp;&nbsp;$18883502.00 | &nbsp;&nbsp;74.36% |
| &nbsp;&nbsp;Event Grade C | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Event Grade D | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total Sample** | &nbsp;&nbsp;78 | &nbsp;&nbsp;$24407651.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Credit Results:** | &nbsp;&nbsp;**Credit Results:** | &nbsp;&nbsp;**Credit Results:** | &nbsp;&nbsp;**Credit Results:** |
| &nbsp;&nbsp;Event Grade | &nbsp;&nbsp;Loan Count | &nbsp;&nbsp;Original Principal Balance | &nbsp;&nbsp;Percent of Sample |
| &nbsp;&nbsp;Event Grade A | &nbsp;&nbsp;60 | &nbsp;&nbsp;$17439901.00 | &nbsp;&nbsp;76.92% |
| &nbsp;&nbsp;Event Grade B | &nbsp;&nbsp;18 | &nbsp;&nbsp;$6967750.00 | &nbsp;&nbsp;23.08% |
| &nbsp;&nbsp;Event Grade C | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Event Grade D | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total Sample** | &nbsp;&nbsp;78 | &nbsp;&nbsp;$24407651.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Compliance Results:** | &nbsp;&nbsp;**Compliance Results:** | &nbsp;&nbsp;**Compliance Results:** | &nbsp;&nbsp;**Compliance Results:** |
| &nbsp;&nbsp;Event Grade | &nbsp;&nbsp;Loan Count | &nbsp;&nbsp;Original Principal Balance | &nbsp;&nbsp;Percent of Sample |
| &nbsp;&nbsp;Event Grade A | &nbsp;&nbsp;28 | &nbsp;&nbsp;$8768024.00 | &nbsp;&nbsp;35.90% |
| &nbsp;&nbsp;Event Grade B | &nbsp;&nbsp;50 | &nbsp;&nbsp;$15639627.00 | &nbsp;&nbsp;64.10% |
| &nbsp;&nbsp;Event Grade C | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Event Grade D | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total Sample** | &nbsp;&nbsp;78 | &nbsp;&nbsp;$24407651.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Valuation Results:** | &nbsp;&nbsp;**Valuation Results:** | &nbsp;&nbsp;**Valuation Results:** | &nbsp;&nbsp;**Valuation Results:** |
| &nbsp;&nbsp;Event Grade | &nbsp;&nbsp;Loan Count | &nbsp;&nbsp;Original Principal Balance | &nbsp;&nbsp;Percent of Sample |
| &nbsp;&nbsp;Event Grade A | &nbsp;&nbsp;77 | &nbsp;&nbsp;$24219971.00 | &nbsp;&nbsp;98.72% |
| &nbsp;&nbsp;Event Grade B | &nbsp;&nbsp;1 | &nbsp;&nbsp;$187680.00 | &nbsp;&nbsp;1.28% |
| &nbsp;&nbsp;Event Grade C | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Event Grade D | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total Sample** | &nbsp;&nbsp;78 | &nbsp;&nbsp;$24407651.00 | &nbsp;&nbsp;100.00% |

---

**Event Grade Definitions**

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Final Loan Grade** | &nbsp;&nbsp;**Final Loan Grade** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;Loan meets Credit, Compliance, and Valuation 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. |

---

---

| | |
|:---|:---|
| &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, 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. |

---

---

| | |
|:---|:---|
| &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;**Valuation Event Grades** | &nbsp;&nbsp;**Valuation 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. |

---

## Exhibit 99.6

**Exhibit 99.6 Schedule 1**

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan Id | **Loan Number** | **Original Loan Amount** | **Initial Rating** | **Final Rating** | **Initial Credit Rating** | **Final Credit Rating** | **Initial Compliance Rating** | **Final Compliance Rating** | **Initial Property Valuation Rating** | **Final Property Valuation Rating** |
| 1963125 | XX | XX | 3 | 2 | 3 | 2 | 2 | 2 | 1 | 1 C B A |
| 1992337 | XX | XX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| 1998370 | XX | XX | 3 | 2 | 3 | 2 | 3 | 1 | 1 | 1 C B A |
| 1998371 | XX | XX | 3 | 2 | 3 | 2 | 3 | 1 | 1 | 1 C B A |
| 1998367 | XX | XX | 3 | 2 | 3 | 2 | 3 | 1 | 1 | 1 C B A |
| 1998369 | XX | XX | 3 | 2 | 3 | 2 | 3 | 1 | 1 | 1 C B A |
| 1998368 | XX | XX | 3 | 2 | 3 | 2 | 2 | 2 | 1 | 1 C B A |
| 1998398 | XX | XX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| 1998402 | XX | XX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| 1998392 | XX | XX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| 1985162 | XX | XX | 3 | 2 | 3 | 1 | 2 | 2 | 1 | 1 C B A |
| 1963090 | XX | XX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 1998373 | XX | XX | 3 | 2 | 2 | 2 | 3 | 1 | 1 | 1 C B A |
| 1998393 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1995630 | XX | XX | 3 | 2 | 3 | 2 | 2 | 2 | 1 | 1 C B A |
| 1998378 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1998397 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1998358 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1995633 | XX | XX | 3 | 1 | 3 | 1 | 2 | 1 | 1 | 1 C A B |
| 1995625 | XX | XX | 3 | 2 | 3 | 2 | 2 | 1 | 1 | 1 C B A |
| 1995610 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1995628 | XX | XX | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 B A |
| 1998406 | XX | XX | 3 | 2 | 3 | 2 | 2 | 2 | 1 | 1 C B A |
| 1998383 | XX | XX | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 B A |
| 1998386 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1995637 | XX | XX | 3 | 1 | 3 | 1 | 2 | 1 | 1 | 1 C A B |
| 1995641 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1995619 | XX | XX | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| 1998364 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1998381 | XX | XX | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 B A |
| 1995608 | XX | XX | 3 | 2 | 3 | 1 | 2 | 2 | 1 | 1 C B A |
| 1995612 | XX | XX | 3 | 2 | 3 | 1 | 2 | 2 | 1 | 1 C B A |
| 1995618 | XX | XX | 3 | 2 | 3 | 1 | 2 | 2 | 1 | 1 C B A |
| 1998387 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1998390 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1995624 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1992367 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1995622 | XX | XX | 3 | 2 | 3 | 2 | 3 | 1 | 1 | 1 C B A |
| 1989459 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1998362 | XX | XX | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 B A |
| 1998379 | XX | XX | 3 | 2 | 3 | 2 | 2 | 2 | 1 | 1 C B A |
| 1998403 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1998377 | XX | XX | 3 | 1 | 3 | 1 | 2 | 1 | 1 | 1 C A B |
| 1995606 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1998404 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1995640 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1995632 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1998382 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1998359 | XX | XX | 3 | 2 | 3 | 2 | 2 | 2 | 1 | 1 C B A |
| 1968389 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1995623 | XX | XX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 1971807 | XX | XX | 3 | 2 | 1 | 1 | 3 | 2 | 1 | 1 C B A |
| 1985744 | XX | XX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 1985743 | XX | XX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 1985742 | XX | XX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 1993214 | XX | XX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 1993211 | XX | XX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 1993210 | XX | XX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 1993227 | XX | XX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 1993221 | XX | XX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 1993226 | XX | XX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 1916071 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1916057 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1916070 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1916049 | XX | XX | 3 | 2 | 3 | 1 | 2 | 2 | 1 | 1 C B A |
| 1916127 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1964200 | XX | XX | 3 | 2 | 3 | 1 | 2 | 2 | 3 | 2 C B A |
| 1964224 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1964233 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1964258 | XX | XX | 3 | 2 | 3 | 1 | 2 | 2 | 1 | 1 C B A |
| 1993134 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1993158 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1993160 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1993150 | XX | XX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 1996968 | XX | XX | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| 1885359 | XX | XX | 3 | 2 | 1 | 1 | 3 | 2 | 1 | 1 C B A |
| 1937327 | XX | XX | 3 | 2 | 1 | 1 | 3 | 2 | 1 | 1 C B A |
| 1988015 | XX | XX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |

---

## Exhibit 99.6

**Exhibit 99.6 Schedule 2**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Report Pulled:** | 6/26/2025 |  |  |  |  |
|  | **Loan Count:** | 78 |  |  |  |  |
| Loan Id | **Audit ID** | **Loan Number** | **Borrower Last Name** | **Field** | **Tape Data** | **Review Data** |
| 1985743 | XX | XX | XX | Origination/Note Date | XX | XX |
| 1985743 | XX | XX | XX | The Original Principal and Interest Payment Amount | 1794.10 | 1246.83 |
| 1985742 | XX | XX | XX | Property Type | SFR | Townhouse |
| 1985742 | XX | XX | XX | The Original Principal and Interest Payment Amount | 1967.91 | 1539.91 |
| 1993210 | XX | XX | XX | Debt Service Coverage Ratio | 1.3181 | 1.329 |
| 1993210 | XX | XX | XX | The Original Principal and Interest Payment Amount | 2889.02 | 2853.20 |
| 1993214 | XX | XX | XX | Origination/Note Date | XX | XX |
| 1993214 | XX | XX | XX | Property Type | SFR | Townhouse |
| 1993211 | XX | XX | XX | CLTV | 79.059 | 80 |
| 1993211 | XX | XX | XX | First Payment Due Date | XX | XX |
| 1993211 | XX | XX | XX | LTV | 79.059 | 80 |
| 1993211 | XX | XX | XX | Origination/Note Date | XX | XX |
| 1916049 | XX | XX | XX | Debt Service Coverage Ratio | 1.427 | 1.398 |
| 1916049 | XX | XX | XX | Loan Purpose | Refinance (Cash Out) | Rate/Term Refinance -- Borrower initiated |
| 1916127 | XX | XX | XX | Debt Service Coverage Ratio | 1.101 | 1.079 |
| 1964200 | XX | XX | XX | Appraised Value | XX | XX |
| 1964258 | XX | XX | XX | Debt Service Coverage Ratio | 1.414 | 1.347 |
| 1993158 | XX | XX | XX | Loan Purpose | Refinance (Cash Out) | Rate/Term Refinance -- Borrower initiated |
| 1993158 | XX | XX | XX | Property Type | Detached SFR | PUD - Only for use with Single-Family Detached Hom |
| 1993150 | XX | XX | XX | Property Type | Detached SFR | PUD - Only for use with Single-Family Detached Hom |
| 1993134 | XX | XX | XX | Debt Service Coverage Ratio | 2.356 | 2.244 |
| 1996968 | XX | XX | XX | Amortization Term in Months | 360 | 240 |
| 1963090 | XX | XX | XX | Debt Service Coverage Ratio | 0 | 1.006 |
| 1963090 | XX | XX | XX | Loan Purpose | NoCash-Out Refinance | Construction to Permanent: A mortgage loan on comp |
| 1971807 | XX | XX | XX | Originator Back-End DTI | 0 | 48.875 |
| 1963125 | XX | XX | XX | Originator Back-End DTI | 0 | 49.609 |
| 1985162 | XX | XX | XX | Debt Service Coverage Ratio | 0.904 | 1.044 |
| 1995606 | XX | XX | XX | Debt Service Coverage Ratio | 0 | 1.316 |
| 1998359 | XX | XX | XX | Debt Service Coverage Ratio | 0 | 2.819 |
| 1998358 | XX | XX | XX | Amortization Term in Months | 480 | 360 |
| 1998358 | XX | XX | XX | Debt Service Coverage Ratio | 0 | 1.201 |
| 1998358 | XX | XX | XX | Original Qualifying FICO Score | 757 | 752 |
| 1998358 | XX | XX | XX | Origination/Note Date | XX | XX |
| 1998362 | XX | XX | XX | Amortization Term in Months | 480 | 360 |
| 1998362 | XX | XX | XX | Debt Service Coverage Ratio | 0 | 1.002 |
| 1992337 | XX | XX | XX | Originator Back-End DTI | 0 | 44.113 |
| 1968389 | XX | XX | XX | Originator Back-End DTI | 0 | 44.719 |
| 1995610 | XX | XX | XX | Debt Service Coverage Ratio | 1.52 | 1.001 |
| 1998364 | XX | XX | XX | Debt Service Coverage Ratio | 0 | 1.464 |
| 1998364 | XX | XX | XX | Origination/Note Date | XX | XX |
| 1995608 | XX | XX | XX | Debt Service Coverage Ratio | 1.175 | 1.463 |
| 1995612 | XX | XX | XX | Debt Service Coverage Ratio | 1.507 | 1.5 |
| 1995618 | XX | XX | XX | Debt Service Coverage Ratio | 1.501 | 1.535 |
| 1998370 | XX | XX | XX | Amortization Term in Months | 480 | 360 |
| 1998370 | XX | XX | XX | Debt Service Coverage Ratio | 1.396 | 1.097 |
| 1998371 | XX | XX | XX | Amortization Term in Months | 480 | 360 |
| 1998371 | XX | XX | XX | Debt Service Coverage Ratio | 1.495 | 1.096 |
| 1998368 | XX | XX | XX | Amortization Term in Months | 480 | 360 |
| 1998368 | XX | XX | XX | Debt Service Coverage Ratio | 1.354 | 1.08 |
| 1998367 | XX | XX | XX | Amortization Term in Months | 480 | 360 |
| 1998367 | XX | XX | XX | Debt Service Coverage Ratio | 1.413 | 1.096 |
| 1998369 | XX | XX | XX | Amortization Term in Months | 480 | 360 |
| 1998369 | XX | XX | XX | Debt Service Coverage Ratio | 1.425 | 1.096 |
| 1995619 | XX | XX | XX | Debt Service Coverage Ratio | 0 | 1.429 |
| 1995623 | XX | XX | XX | Debt Service Coverage Ratio | 0 | 1.001 |
| 1998377 | XX | XX | XX | Debt Service Coverage Ratio | 0 | 1.202 |
| 1995624 | XX | XX | XX | Debt Service Coverage Ratio | 0 | 1.937 |
| 1998373 | XX | XX | XX | Debt Service Coverage Ratio | 1.776 | 2.002 |
| 1995625 | XX | XX | XX | Debt Service Coverage Ratio | 0.923 | 1.007 |
| 1995625 | XX | XX | XX | Origination/Note Date | XX | XX |
| 1995622 | XX | XX | XX | Debt Service Coverage Ratio | 1.01 | 1.475 |
| 1998378 | XX | XX | XX | Debt Service Coverage Ratio | 0 | 0.849 |
| 1998378 | XX | XX | XX | Origination/Note Date | XX | XX |
| 1995630 | XX | XX | XX | Debt Service Coverage Ratio | 1.141 | 1.804 |
| 1989459 | XX | XX | XX | Debt Service Coverage Ratio | 0 | 1.01 |
| 1995628 | XX | XX | XX | Debt Service Coverage Ratio | 0 | 2.225 |
| 1995628 | XX | XX | XX | Origination/Note Date | XX | XX |
| 1998383 | XX | XX | XX | Amortization Term in Months | 480 | 360 |
| 1998383 | XX | XX | XX | Debt Service Coverage Ratio | 1.286 | 1.014 |
| 1998381 | XX | XX | XX | Debt Service Coverage Ratio | 2.063 | 1.05 |
| 1998381 | XX | XX | XX | Origination/Note Date | XX | XX |
| 1998382 | XX | XX | XX | Debt Service Coverage Ratio | 1.039 | 0.968 |
| 1998379 | XX | XX | XX | Debt Service Coverage Ratio | 1.136 | 1.003 |
| 1992367 | XX | XX | XX | Debt Service Coverage Ratio | 0 | 1.014 |
| 1998386 | XX | XX | XX | Amortization Term in Months | 480 | 360 |
| 1998386 | XX | XX | XX | Debt Service Coverage Ratio | 0 | 1.019 |
| 1998386 | XX | XX | XX | Origination/Note Date | XX | XX |
| 1995633 | XX | XX | XX | Debt Service Coverage Ratio | 0 | 1.276 |
| 1998387 | XX | XX | XX | Debt Service Coverage Ratio | 1.485 | 1.608 |
| 1995632 | XX | XX | XX | Debt Service Coverage Ratio | 1.061 | 1.011 |
| 1995632 | XX | XX | XX | Origination/Note Date | XX | XX |
| 1998390 | XX | XX | XX | Debt Service Coverage Ratio | 1.618 | 1.215 |
| 1998392 | XX | XX | XX | Debt Service Coverage Ratio | 1.052 | 1.003 |
| 1998393 | XX | XX | XX | Debt Service Coverage Ratio | 1.62 | 1.599 |
| 1995637 | XX | XX | XX | Debt Service Coverage Ratio | 0 | 1.472 |
| 1995640 | XX | XX | XX | Debt Service Coverage Ratio | 0 | 1.528 |
| 1995641 | XX | XX | XX | Debt Service Coverage Ratio | 0 | 1.363 |
| 1995641 | XX | XX | XX | Loan Purpose | NoCash-Out Refinance | Cash Out: Other/Multipurpose/Unknown purpose |
| 1998398 | XX | XX | XX | Debt Service Coverage Ratio | 0 | 1.007 |
| 1998398 | XX | XX | XX | Origination/Note Date | XX | XX |
| 1998402 | XX | XX | XX | Debt Service Coverage Ratio | 0 | 1.021 |
| 1998397 | XX | XX | XX | Debt Service Coverage Ratio | 0 | 1.111 |
| 1998397 | XX | XX | XX | Origination/Note Date | XX | XX |
| 1998404 | XX | XX | XX | Amortization Term in Months | 480 | 360 |
| 1998404 | XX | XX | XX | Debt Service Coverage Ratio | 1.111 | 1.137 |
| 1998404 | XX | XX | XX | Origination/Note Date | XX | XX |
| 1998406 | XX | XX | XX | Debt Service Coverage Ratio | 1.458 | 1.111 |
| 1998403 | XX | XX | XX | Debt Service Coverage Ratio | 1.459 | 1.435 |
| 1998403 | XX | XX | XX | Origination/Note Date | XX | XX |

---

## Exhibit 99.6

**Exhibit 99.6 Schedule 3**

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan Id | **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | **Audit Issue** | **Finding ID** | **Exception Finding** | **Remediation Status** | **Exception Rebuttal** | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
| 1985744 | XX |  | 1 of 3 | XX | 2/XX/2025 | Compliance | No Compliance Findings | 23044771 | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 1 |
| 1985744 | XX |  | 2 of 3 | XX | 2/XX/2025 | Credit | DSCR - Missing Entity Documentation | 23043688 | Missing required business documentation per guidelines. Guidelines require a Cert of Good Standing dated within 90 days for the borrowing entity. This is missing from the loan file to verify entity is in good standing. | Resolved | **Rebuttal 1 (03/05/2025 9:08AM)<br> Documentation uploaded.<br>**  | **Response 1 (03/05/2025 9:08AM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 1 |
| 1985744 | XX |  | 3 of 3 | XX | 2/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23043689 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 02/XX/2025, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 1 |
| 1985743 | XX |  | 1 of 3 | XX | 2/XX/2025 | Compliance | No Compliance Findings | 23044819 | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 1 |
| 1985743 | XX |  | 2 of 3 | XX | 2/XX/2025 | Credit | DSCR - Missing Entity Documentation | 23043846 | Missing required business documentation per guidelines. Guidelines require a Cert of Good Standing dated within 90 days for the borrowing entity. This is missing from the loan file to verify entity is in good standing. | Resolved | **Rebuttal 1 (03/05/2025 9:10AM)<br> Documentation uploaded.<br>**  | **Response 1 (03/05/2025 9:12AM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 1 |
| 1985743 | XX |  | 3 of 3 | XX | 2/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23043847 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 02/XX/2025, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 1 |
| 1985742 | XX |  | 1 of 3 | XX | 2/XX/2025 | Compliance | No Compliance Findings | 23044825 | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 1 |
| 1985742 | XX |  | 2 of 3 | XX | 2/XX/2025 | Credit | DSCR - Missing Entity Documentation | 23044731 | Missing required business documentation per guidelines. Guidelines require a Cert of Good Standing dated within 90 days for the borrowing entity. This is missing from the loan file to verify entity is in good standing. | Resolved | **Rebuttal 1 (03/05/2025 9:14AM)<br> Documentation uploaded.<br>**  | **Response 1 (03/05/2025 9:15AM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 1 |
| 1985742 | XX |  | 3 of 3 | XX | 2/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23044700 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 02/XX/2025, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 1 |
| 1993227 | XX |  | 1 of 3 | XX | 2/XX/2025 | Compliance | No Compliance Findings | 23049417 | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
| 1993227 | XX |  | 2 of 3 | XX | 2/XX/2025 | Credit | No Credit Findings | 23049724 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
| 1993227 | XX |  | 3 of 3 | XX | 2/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23049725 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The file contains a XX Reconciliation Report which supports the appraised value. |  |  |  |  |  | 1 | 1 | 1 | 1 |
| 1993221 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | No Compliance Findings | 23050917 | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
| 1993221 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | No Credit Findings | 23051143 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
| 1993221 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23051080 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. Situs AMC supported the appraised value. |  |  |  |  |  | 1 | 1 | 1 | 1 |
| 1993226 | XX |  | 1 of 3 | XX | 2/XX/2025 | Compliance | No Compliance Findings | 23049501 | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
| 1993226 | XX |  | 2 of 3 | XX | 2/XX/2025 | Credit | No Credit Findings | 23049843 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
| 1993226 | XX |  | 3 of 3 | XX | 2/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23049845 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The file contains a XX Reconciliation Report which supports the appraised value. |  |  |  |  |  | 1 | 1 | 1 | 1 |
| 1993210 | XX |  | 1 of 4 | XX | 3/XX/2025 | Compliance | No Compliance Findings | 23054254 | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 1 |
| 1993210 | XX |  | 2 of 4 | XX | 3/XX/2025 | Credit | Assets - Authorization | 23054434 | Rate and term refinance with funds to close plus reserves of $62,898 required to be verified. The file contains assets with XXbrokerage account xx. The account holder is XXwhich is not the same name as the borrowing entity, XX. Guidelines require proof of borrower ownership of at least 25% and provide signed access letter from all other members where applicable. | Resolved | **Rebuttal 1 (03/18/2025 2:35PM)<br> Documentation uploaded.<br>Rebuttal 2 (03/21/2025 2:01PM)<br> Documentation uploaded.<br>**  | **Response 1 (03/18/2025 2:38PM)<br> Only the brokerage statement was provided. Still missing proof of borrower ownership of at least 25% and provide signed access letter from all other members where applicable. (Upheld)<br>Response 2 (03/21/2025 2:02PM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 1 |
| 1993210 | XX |  | 3 of 4 | XX | 3/XX/2025 | Credit | DSCR - Missing Entity Documentation | 23054430 | Missing required business documentation per guidelines. Missing operating/company agreement for XX to determine ownership percent and authority to sign on behalf of the entity. | Resolved | **Rebuttal 1 (03/18/2025 2:35PM)<br> Documentation uploaded.<br>Rebuttal 2 (03/24/2025 7:26AM)<br> Documentation uploaded.<br>**  | **Response 1 (03/18/2025 2:48PM)<br> xx is 50% owner of the Entity and he is required to sign the Guaranty. There is no evidence he signed the Guaranty. (Upheld)<br>Response 2 (03/24/2025 7:27AM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 1 |
| 1993210 | XX |  | 4 of 4 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23054436 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. Situs AMC supported the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 1 |
| 1993214 | XX |  | 1 of 7 | XX | 2/XX/2025 | Compliance | No Compliance Findings | 23049315 | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 1 |
| 1993214 | XX |  | 2 of 7 | XX | 2/XX/2025 | Credit | Appraisal - Other | 23049686 | There are additional appraisal findings. The comparable rent schedule (1007) is missing from the loan file. | Void | **Rebuttal 1 (03/14/2025 11:40AM)<br> This is a purchase, using XX<br>**  | **Response 1 (03/18/2025 11:58AM)<br> Explanation received is sufficient. (Void)<br>**  |  |  | 1 | 1 | 3 | 1 |
| 1993214 | XX |  | 3 of 7 | XX | 2/XX/2025 | Credit | Assets - Cash to Close | 23049763 | The file did not contain evidence the borrower had the proper amount of funds required for the subject transaction. The borrower was required to evidence 9 months reserves due to short-term rental purchase, which is the equivalent of $51,433 in reserves. This is in addition to the requirement of $602,689 in funds to close and $36,450 earnest money deposit. Therefore, the borrower was required to evidence a total of $690,571 in funds for the subject transaction. The loan file only contained evidence of $630,070 in qualifying assets. It should be noted that the file contained a wire dated 02/XX/2025 for the earnest money deposit in the amount of $36,450; however, was not verified to be from any account provided in the file and was sent by ZZ, whom is not the borrower and a gift letter is not present in the file. As a result, there is a $60,501 shortage in verified assets. | Resolved | **Rebuttal 1 (03/18/2025 5:40PM)<br> Gift Funds Letter for EMD. <br>Rebuttal 2 (03/20/2025 2:55PM)<br> Documentation uploaded.<br>**  | **Response 1 (03/19/2025 8:19AM)<br> The details of transaction presented at prefund are different than the details presented on the final HUD. At prefund, total required funds were $36,450 EMD + $582,586 cash to close + $49,858 reserves for a grand total of $668,892. The actual closing reflected a $36,450 EMD + additional funds to close of $602,689 + $51,433 reserves for a grand total of $690,571. If the Gift Letter is provided as requested to cover the $36,450 gift to the table, total available funds would be $666,520, which is a reserve shortage of $24,051. (Upheld)<br>Response 2 (03/20/2025 2:56PM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 1 |
| 1993214 | XX |  | 4 of 7 | XX | 2/XX/2025 | Credit | DSCR - Missing Entity Documentation | 23049742 | Missing required business documentation per guidelines. The file contained an Operating Agreement effective 2/XX/2023 reflecting the borrower as the single member of XX; however, it appears the LLC was reorganized on 1/XX/2025. The Certificate of Good Standing reflects XX as the registered agent. In addition, the IRS-EIN reflects XX as the Sole Member who is not the borrower. The Certificate of Good Standing, IRS-EIN, Articles of Organization and the Operating Agreement need to be provided to confirm the current ownership inXX and to keep the loan in the borrower's name. Additional conditions may apply. | Resolved | **Rebuttal 1 (03/21/2025 1:04PM)<br> Documentation uploaded.<br>**  | **Response 1 (03/21/2025 1:05PM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 1 |
| 1993214 | XX |  | 5 of 7 | XX | 2/XX/2025 | Credit | Gift Letter - Missing | 23049740 | A required gift letter was missing from the file and/or the donor funds were not verified. According to the final HUD-1 settlement statement, the earnest money deposit in the amount of $36,450 and funds for closing in the amount of $520,000, for a total of $556,450 were provided by XX, whom is not the borrower. This is further confirmed by the earnest money wire receipt to the title company. A gift letter was not present in the loan file. | Resolved | **Rebuttal 1 (03/19/2025 7:58AM)<br> Escalated.<br>Rebuttal 2 (03/20/2025 2:54PM)<br> Documentation uploaded.<br>**  | **Response 1 (03/19/2025 7:59AM)<br> The pre-fund loan contained a Gift Letter $36,450. Please provide the Gift Letter. (Upheld)<br>Response 2 (03/20/2025 2:56PM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 1 |
| 1993214 | XX |  | 6 of 7 | XX | 2/XX/2025 | Credit | Title Commitment - Missing/Incomplete | 23049722 | The title commitment/policy is incomplete/missing. The file contained a Title Supplemental Report; however, did not contain the complete title for review. Additional conditions may apply. | Resolved | **Rebuttal 1 (03/14/2025 11:41AM)<br> see attached<br>**  | **Response 1 (03/18/2025 11:55AM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 1 |
| 1993214 | XX |  | 7 of 7 | XX | 2/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23049726 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 02/XX/2025 which supports the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 1 |
| 1993211 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Appraisal Notice - Late | 23055941 | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application due to the following: There was no application date. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). ?Informational Only. | Acknowledged |  |  |  |  | 1 | 1 | 1 | 1 |
| 1993211 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | No Credit Findings | 23055580 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
| 1993211 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23055586 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. Situs AMC supported the appraised value. |  |  |  |  |  | 1 | 1 | 1 | 1 |
| 1885359 | XX |  | 1 of 5 | XX | 8/XX/2024 | Compliance | Appraisal Notice - Missing | 22956229 | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only | Acknowledged |  |  |  |  | 1 | 1 | 3 | 2 |
| 1885359 | XX |  | 2 of 5 | XX | 8/XX/2024 | Compliance | Note - Incomplete | 22956239 | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  | 2 | 2 | 3 | 2 |
| 1885359 | XX |  | 3 of 5 | XX | 8/XX/2024 | Compliance | Security Instrument - Inaccurate | 22957439 | The security instrument was not completed accurately. The Notary acknowledgement reflects XX, manger of XX., however it should reflect XX as sole member of XX | Resolved | **Rebuttal 1 (10/10/2024 4:52PM)<br> Mortgage<br>Rebuttal 2 (03/04/2025 5:16PM)<br> Corrected docs<br>**  | **Response 1 (10/11/2024 4:08PM)<br> Corrections to the notary section have not been made. (Upheld)<br>Response 2 (03/05/2025 11:31AM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1885359 | XX |  | 4 of 5 | XX | 8/XX/2024 | Credit | No Credit Findings | 22957737 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
| 1885359 | XX |  | 5 of 5 | XX | 8/XX/2024 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 22957738 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 08/XX/2024, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 2 |
| 1916070 | XX |  | 1 of 4 | XX | 11/XX/2024 | Compliance | Appraisal Notice - Missing | 23025664 | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only | Acknowledged |  |  |  |  | 1 | 1 | 2 | 2 |
| 1916070 | XX |  | 2 of 4 | XX | 11/XX/2024 | Compliance | Note - Incomplete | 23025663 | The following section of the Note is incomplete: The Loan Agreement was not executed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1916070 | XX |  | 3 of 4 | XX | 11/XX/2024 | Credit | No Credit Findings | 23022836 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1916070 | XX |  | 4 of 4 | XX | 11/XX/2024 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23022827 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 10/XX/2024, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1916071 | XX |  | 1 of 3 | XX | 11/XX/2024 | Compliance | Note - Incomplete | 23025440 | The following section of the Noteis incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1916071 | XX |  | 2 of 3 | XX | 11/XX/2024 | Credit | No Credit Findings | 23022704 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1916071 | XX |  | 3 of 3 | XX | 11/XX/2024 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23022706 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated 10/XX/2024 was provided and supported the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1916057 | XX |  | 1 of 3 | XX | 11/XX/2024 | Compliance | Note - Incomplete | 23025697 | The following section of the Noteis incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1916057 | XX |  | 2 of 3 | XX | 11/XX/2024 | Credit | No Credit Findings | 23027157 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1916057 | XX |  | 3 of 3 | XX | 11/XX/2024 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23022759 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated 11/XX/2024 was provided and supported the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1916049 | XX |  | 1 of 4 | XX | 11/XX/2024 | Compliance | Flood Insurance Required | 23026399 | The property is located in a flood zone. The flood notice in the file did not have any loan identifying information on it. Unable to determine if borrower was properly notified of the requirement to carry flood insurance. | Acknowledged |  |  |  |  | 2 | 2 | 3 | 2 |
| 1916049 | XX |  | 2 of 4 | XX | 11/XX/2024 | Compliance | Note - Incomplete | 23025975 | The following section of the Note is incomplete: The Loan Agreement was not executed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 3 | 2 |
| 1916049 | XX |  | 3 of 4 | XX | 11/XX/2024 | Credit | Program Parameters - Other | 23023339 | The Property Management Questionnaire is missing from the file, as required. | Resolved | **Rebuttal 1 (01/30/2025 5:30PM)<br> Attached PMQ<br>**  | **Response 1 (01/31/2025 8:17AM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1916049 | XX |  | 4 of 4 | XX | 11/XX/2024 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23023238 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The file contains a CDA, dated 10/XX/2024, that supports the value. |  |  |  |  |  | 1 | 1 | 3 | 2 |
| 1916127 | XX |  | 1 of 4 | XX | 11/XX/2024 | Compliance | Appraisal Notice - Missing | 23025994 | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only | Acknowledged |  |  |  |  | 1 | 1 | 2 | 2 |
| 1916127 | XX |  | 2 of 4 | XX | 11/XX/2024 | Compliance | Note - Incomplete | 23025990 | The following section of the Note is incomplete: Loan Agreement Addendum is missing Lenders Signature | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1916127 | XX |  | 3 of 4 | XX | 11/XX/2024 | Credit | No Credit Findings | 23023489 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1916127 | XX |  | 4 of 4 | XX | 11/XX/2024 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23023417 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 10/XX/2024 which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1937327 | XX |  | 1 of 7 | XX | 11/XX/2024 | Compliance | Appraisal Notice - Missing | 23012807 | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only | Acknowledged |  |  |  |  | 1 | 1 | 3 | 2 |
| 1937327 | XX |  | 2 of 7 | XX | 11/XX/2024 | Compliance | Note - Incomplete | 23012792 | The following section of the Note and Loan Agreement is incomplete: The "State of" and "County of" in the Notary signature section is blank for both borrower's. | Resolved | **Rebuttal 1 (01/17/2025 2:08PM)<br> please see attached<br>Rebuttal 2 (02/12/2025 9:45AM)<br> This was an international closing with apostiles, county and state information would not apply for these<br>**  | **Response 1 (01/22/2025 10:55AM)<br> Documents not received. Please resubmit. (Upheld)<br>Response 2 (02/14/2025 3:07PM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1937327 | XX |  | 3 of 7 | XX | 11/XX/2024 | Compliance | Note - Incomplete | 23012806 | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender | Acknowledged |  |  |  |  | 2 | 2 | 3 | 2 |
| 1937327 | XX |  | 4 of 7 | XX | 11/XX/2024 | Compliance | Security Instrument - Inaccurate | 23012788 | The security instrument was not completed accurately. The pages were cut off on the edges. | Resolved | **Rebuttal 1 (01/17/2025 2:11PM)<br> Working on<br>Rebuttal 2 (02/12/2025 10:00AM)<br> Copy from county website<br>**  | **Response 1 (01/22/2025 10:53AM)<br> Client to Provide documents/response when issued. (Upheld)<br>Response 2 (02/14/2025 3:06PM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1937327 | XX |  | 5 of 7 | XX | 11/XX/2024 | Compliance | Security Instrument - Incomplete | 23012787 | The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The "State of" and "County of" in the Notary signature section is blank for both borrower's. | Resolved | **Rebuttal 1 (01/17/2025 2:12PM)<br> please see attached<br>Rebuttal 2 (02/12/2025 9:44AM)<br> This was an international closing with apostiles, county and state information would not apply for these<br>**  | **Response 1 (01/22/2025 10:54AM)<br> Documents not received. Please resubmit. (Upheld)<br>Response 2 (02/14/2025 3:05PM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1937327 | XX |  | 6 of 7 | XX | 11/XX/2024 | Credit | No Credit Findings | 23009904 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
| 1937327 | XX |  | 7 of 7 | XX | 11/XX/2024 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23009902 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 11/XX/2024 supportive of value. |  |  |  |  |  | 1 | 1 | 3 | 2 |
| 1964233 | XX |  | 1 of 3 | XX | 12/XX/2024 | Compliance | Note - Incomplete | 23026905 | The following section of the Note is incomplete: The Loan Agreement was not executed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1964233 | XX |  | 2 of 3 | XX | 12/XX/2024 | Credit | No Credit Findings | 23027502 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1964233 | XX |  | 3 of 3 | XX | 12/XX/2024 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23027506 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 12/XX/2024 which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1964200 | XX |  | 1 of 4 | XX | 12/XX/2024 | Compliance | Appraisal Notice - Missing | 23027480 | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only. | Acknowledged |  |  |  |  | 1 | 1 | 3 | 2 |
| 1964200 | XX |  | 2 of 4 | XX | 12/XX/2024 | Compliance | Note - Incomplete | 23027483 | The following section of the Note is incomplete: The Loan agreement was not executed by the Lender. | Acknowledged |  |  |  |  | 2 | 2 | 3 | 2 |
| 1964200 | XX |  | 3 of 4 | XX | 12/XX/2024 | Credit | DSCR - Program Parameters - Other | 23027994 | The background check for co-borrower reflects several liens/judgments listed for the borrower. Per the guidelines any liens/judgements present must have evidence of release/satisfaction provided prior to the closing or in conjunction with the closing of the loan. The loan file is missing evidence that all liens/judgments listed on the co-borrower's background check have been satisfied. | Resolved | **Rebuttal 1 (02/04/2025 2:18PM)<br> xx is heavy repeat borrower and having 25+ Experience with RCN, Please waive this exception.<br>**  | **Response 1 (02/04/2025 2:57PM)<br> Lexis Risk Review confirms no liens/judgements. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1964200 | XX |  | 4 of 4 | XX | 12/XX/2024 | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | 23028000 | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at 2.5 or under to support the origination appraised value. CDA provided and does not support original appraised value as it is over the allowed -10% tolerance at -10.909%. | Resolved | **Rebuttal 1 (02/04/2025 2:22PM)<br> This Exception could be waived off, This deal is structured using lesser CDA value.<br>**  | **Response 1 (03/17/2025 3:38PM)<br> Lower of the CDA value was used versus appraised value which is allowed per lender guidelines. Per the rating agencies this is to be graded as an EV2. (Resolved)<br>**  |  |  | 3 | 2 | 3 | 2 |
| 1964258 | XX |  | 1 of 4 | XX | 1/XX/2025 | Compliance | Appraisal Notice - Missing | 23027108 | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only | Acknowledged |  |  |  |  | 1 | 1 | 3 | 2 |
| 1964258 | XX |  | 2 of 4 | XX | 1/XX/2025 | Compliance | Note - Incomplete | 23027109 | The following section of the Note is incomplete: The Loan Agreement was not executed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 3 | 2 |
| 1964258 | XX |  | 3 of 4 | XX | 1/XX/2025 | Credit | DSCR - Program Parameters - Other | 23028270 | The background check for borrower reflects there are liens/judgments. Per the guidelines any liens/judgements present must have evidence of release/satisfaction provided prior to the closing or in conjunction with the closing of the loan. The loan file is missing evidence that all liens/judgments listed on the background report have been satisfied. | Resolved | **Rebuttal 1 (02/04/2025 4:53PM)<br> Liens that reflected in Background report are of 2012 and 2001. We don't require LOE on this. This exception could be waived.<br>**  | **Response 1 (02/05/2025 9:26AM)<br> Explanation is sufficient. Judgements are very old. Additional Lexis Risk View report reflects no liens/judgements. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1964258 | XX |  | 4 of 4 | XX | 1/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23028272 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated, 12/XX/2024, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 2 |
| 1964224 | XX |  | 1 of 4 | XX | 1/XX/2025 | Compliance | Appraisal Notice - Missing | 23027183 | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only | Acknowledged |  |  |  |  | 1 | 1 | 2 | 2 |
| 1964224 | XX |  | 2 of 4 | XX | 1/XX/2025 | Compliance | Note - Incomplete | 23027186 | The following section of the Note is incomplete: The Loan Agreement was not executed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1964224 | XX |  | 3 of 4 | XX | 1/XX/2025 | Credit | No Credit Findings | 23027731 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1964224 | XX |  | 4 of 4 | XX | 1/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23027732 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 1/XX/2025, which supports the value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1993160 | XX |  | 1 of 4 | XX | 2/XX/2025 | Compliance | Appraisal Notice - Missing | 23054540 | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only | Acknowledged |  |  |  |  | 1 | 1 | 2 | 2 |
| 1993160 | XX |  | 2 of 4 | XX | 2/XX/2025 | Compliance | Note - Incomplete | 23054549 | The following section(s) of the Note is incomplete: The loan agreement is not signed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1993160 | XX |  | 3 of 4 | XX | 2/XX/2025 | Credit | No Credit Findings | 23052859 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1993160 | XX |  | 4 of 4 | XX | 2/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23052858 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 2/XX/2025 supportive of value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1993158 | XX |  | 1 of 4 | XX | 2/XX/2025 | Compliance | Appraisal Notice - Missing | 23054663 | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only | Acknowledged |  |  |  |  | 1 | 1 | 2 | 2 |
| 1993158 | XX |  | 2 of 4 | XX | 2/XX/2025 | Compliance | Note - Incomplete | 23054664 | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1993158 | XX |  | 3 of 4 | XX | 2/XX/2025 | Credit | No Credit Findings | 23052898 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1993158 | XX |  | 4 of 4 | XX | 2/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23052897 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contained a CDA dated 01/XX/2025 which supported the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1993150 | XX |  | 1 of 3 | XX | 2/XX/2025 | Compliance | Appraisal Notice - Missing | 23054564 | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only | Acknowledged |  |  |  |  | 1 | 1 | 1 | 1 |
| 1993150 | XX |  | 2 of 3 | XX | 2/XX/2025 | Credit | No Credit Findings | 23053306 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
| 1993150 | XX |  | 3 of 3 | XX | 2/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23053305 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The file contains a CDA dated 02/XX/2025 which supports the appraised value. |  |  |  |  |  | 1 | 1 | 1 | 1 |
| 1993134 | XX |  | 1 of 4 | XX | 2/XX/2025 | Compliance | Appraisal Notice - Missing | 23055592 | There is no evidence the Borrower received The Notice of Right to Receive Copy of Appraisal within 3 business days from application. Equal Credit Opportunity Act (Regulation B) 12 CFR 1002.14 Truth In Lending Act (Regulation Z) [HPML] 12 CFR 1026.35(a),(c). Informational only | Acknowledged |  |  |  |  | 1 | 1 | 2 | 2 |
| 1993134 | XX |  | 2 of 4 | XX | 2/XX/2025 | Compliance | Note - Incomplete | 23055591 | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1993134 | XX |  | 3 of 4 | XX | 2/XX/2025 | Credit | No Credit Findings | 23055307 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1993134 | XX |  | 4 of 4 | XX | 2/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23055276 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 2/XX/2025, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1996968 | XX |  | 1 of 3 | XX | 2/XX/2025 | Compliance | Note - Incomplete | 23055437 | The following section(s) of the Note is incomplete: The loan agreement was not signed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1996968 | XX |  | 2 of 3 | XX | 2/XX/2025 | Credit | No Credit Findings | 23055218 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1996968 | XX |  | 3 of 3 | XX | 2/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23055220 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 02/XX/2025 which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1963090 | XX |  | 1 of 3 | XX | 2/XX/2025 | Compliance | No Compliance Findings | 23030940 | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 1 |
| 1963090 | XX |  | 2 of 3 | XX | 2/XX/2025 | Credit | DSCR - Program Parameters - Other | 23031356 | Guideline requirement has not been met. The signed guaranty agreement from 50% business owner XX is required and missing from the loan file. | Resolved | **Rebuttal 1 (02/05/2025 4:06PM)<br> Please see attached Guaranty signed by xx<br>**  | **Response 1 (02/05/2025 5:54PM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 1 |
| 1963090 | XX |  | 3 of 3 | XX | 2/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23031357 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 08/XX/2024, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 1 |
| 1971807 | XX |  | 1 of 6 | XX | 12/XX/2024 | Compliance | Federal - HPML APR/Compliant | 23008531 | The loan failed the Federal HPML APR test. Using the greater of the disclosed APR (8.322%) and the calculated APR (8.303%), the loan is a higher-priced mortgage loan, as defined in Regulation Z. The Date Rate Set was: 10/XX/2024. The loan is a compliant HPML. Escrow, prepayment, and appraisal requirements have been met. | Acknowledged |  |  |  |  | 1 | 1 | 3 | 2 |
| 1971807 | XX |  | 2 of 6 | XX | 12/XX/2024 | Compliance | Security Instrument - Name Discrepancy | 23008546 | The borrower name on the Security Instrument is inconsistent with the Title Commitment report. Vested interest on the Security Instrument cannot be verified as accurate due to naming mismatch found in loan file. | Resolved | **Rebuttal 1 (12/30/2024 4:55PM)<br> Divorce Decree calls to remove xx from title during refinance transaction. Borrower to be only name on title.<br>**  | **Response 1 (12/31/2024 12:44PM)<br> The documentation provided is sufficient to clear the finding. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1971807 | XX |  | 3 of 6 | XX | 12/XX/2024 | Compliance | TRID - Initial CD/Delivery Date (prior to consummation)- Rescindable | 23008533 | Rescindable Transaction. The loan failed the Initial Closing Disclosure delivery date test due to the following: The Closing Disclosure was not received by the borrower at least three business days prior to the Consummation Date. The CD issued on 12/XX/2024 was signed and dated at consummation, 12/XX/2024. If disclosure was delivered electronically evidence of receipt as well as the consumer's E-consent is required. | Resolved | **Rebuttal 1 (01/03/2025 9:27AM)<br> ICD<br>**  | **Response 1 (01/06/2025 4:37PM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1971807 | XX |  | 4 of 6 | XX | 12/XX/2024 | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | 23008542 | The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase/addition to the following fees were not accepted: Points-Loan Discount Fee, Appraisal Fee, Appraisal Review Fee, Transfer Taxes. A cost to cure in the amount of $1,223.00 is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | **Rebuttal 1 (01/02/2025 3:58PM)<br> Disclosure Tracking<br>Rebuttal 2 (01/07/2025 2:02PM)<br> Email regarding Transfer Taxes <br>Rebuttal 3 (01/17/2025 9:41AM)<br> The PCCD, Copy of the Check and LOE to borrower <br>Rebuttal 4 (01/29/2025 11:04AM)<br> Fedex Delivery<br>**  | **Response 1 (01/06/2025 4:45PM)<br> The documentation provided is not sufficient to cure the finding. A valid COC for the addition of the Appraisal Desk Review has been provided; however, the fee was not disclosed within 3 days of the change. The change occurred on 10/07/20224 and was not disclosed until the CD issued on 10/29/2024. The COC for the increase to the transfer taxes on 09/05/2024 does not state a reason for the increase to the Transfer Taxes. Please provide a valid COC for the increase to the Transfer Taxes. An updated cost to cure in the amount of $440.00 remains. (Upheld)<br>Response 2 (01/09/2025 2:30PM)<br> The documentation provided is not sufficient to cure the finding. A cure for the increase to the Appraisal fee has been issued in the amount of $18.00 and applied. A valid COC for the addition of the Appraisal Desk Review has been provided; however, the fee was not disclosed within 3 days of the change. The change occurred on 10/07/20224 and was not disclosed until the CD issued on 10/29/2024. A change in loan amount can be a valid reason for a change in transfer taxes; however, a decrease in loan amount is not a valid reason for transfer taxes to increase. The COC for the increase to the transfer taxes on 09/05/2024 states the loan decreased from $231, 000.00 to $220, 000.00 and the transfer taxes increase from $1263.00 to $538.00. The COC issued on 10/07/2024 states the transfer taxes were $2711.00 and decreased to $1092. Please provide a valid COC for the increase to the Transfer Taxes. An updated cost to cure in the amount of $440.00 remains. (Upheld)<br>Response 3 (01/22/2025 3:52PM)<br> The documentation provided is not sufficient to cure the finding. The LOE, PCCD and copy of the refund check have been provided. Proof of Delivery is required. (Upheld)<br>Response 4 (01/30/2025 4:47PM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 3 | 2 | 3 | 2 |
| 1971807 | XX |  | 5 of 6 | XX | 12/XX/2024 | Credit | No Credit Findings | 23007991 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
| 1971807 | XX |  | 6 of 6 | XX | 12/XX/2024 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23007990 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 10/XX/24 which supports the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 2 |
| 1963125 | XX |  | 1 of 9 | XX | 1/XX/2025 | Compliance | Federal - HPML APR/Compliant | 23029646 | The loan failed the Federal HPML APR test. Using the greater of the disclosed APR 8.261% and the calculated APR 8.248%, the loan is a higher-priced mortgage loan, as defined in Regulation Z. The Date Rate Set was: 12/XX/2024. The loan is a compliant HPML. Escrow, prepayment, and appraisal requirements have been met. | Acknowledged |  |  |  |  | 1 | 1 | 3 | 2 |
| 1963125 | XX |  | 2 of 9 | XX | 1/XX/2025 | Compliance | State HPML | 23029648 | This loan failed the CA AB 260 higher-priced mortgage loan test. (CA AB 260, California Financial Code Division 1.94995(a)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the California Financial Code. The loan is a compliant HPML. Escrow, prepayment, and appraisal requirements have been met. | Acknowledged |  |  |  |  | 2 | 2 | 3 | 2 |
| 1963125 | XX |  | 3 of 9 | XX | 1/XX/2025 | Compliance | TRID - CD - Loan Information/Loan Type | 23029659 | The CD issued on 01/XX/2025 does not reflect the correct Loan Type. The Loan Type is reflected as Other; however it should be Conventional. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(5)(iv) | Acknowledged |  |  |  |  | 2 | 2 | 3 | 2 |
| 1963125 | XX |  | 4 of 9 | XX | 1/XX/2025 | Compliance | TRID - CD - Section B incorrect payee | 23030929 | The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on 01/XX/2025. Appraisal Fee and Credit Report. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed. | Acknowledged |  |  |  |  | 2 | 2 | 3 | 2 |
| 1963125 | XX |  | 5 of 9 | XX | 1/XX/2025 | Credit | FEMA | 23030560 | FEMA Search completed reflecting a declared disaster after appraisal date. FEMA Incident period beginning 01/XX/2025 and continuing for California Wildfire and Straight-line Winds (DR-4856-CA) which is after original appraisal date 12/XX/2024. Please provide Property Inspection to confirm no damage. | Resolved | **Rebuttal 1 (02/04/2025 4:58PM)<br> Please see the attached<br>**  | **Response 1 (02/05/2025 12:57PM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1963125 | XX |  | 6 of 9 | XX | 1/XX/2025 | Credit | HELOC - Closure Letter | 23030579 | Loan file does not contain evidence to verify HELOC Closure as required. The subject loan paid off a first mortgage and a HELOC originated with XX. The file did not contain the HELOC closure letter and no final title policy to confirm closed. | Resolved | **Rebuttal 1 (02/05/2025 8:07AM)<br> Please see the attached<br>**  | **Response 1 (02/05/2025 12:57PM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1963125 | XX |  | 7 of 9 | XX | 1/XX/2025 | Credit | Income - Other | 23030567 | There are additional employment/income findings. Lender Exception provided to allow the use of most recent 2 yrs year end paystubs for bonus income instead of WVOE. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating factors: FICO 728 when minimum is 660; 36 months reserves when 6 months required. | 2 | 2 | 3 | 2 |
| 1963125 | XX |  | 8 of 9 | XX | 1/XX/2025 | Credit | Program Parameters - LTV | 23030565 | The LTV does not meet the program eligibility guidelines. Lender Exception provided for LTV over allowed 75% at 80% for non occupant co-borrower scenario. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating factors: FICO 728 when minimum is 660; 36 months reserves when 6 months required. | 2 | 2 | 3 | 2 |
| 1963125 | XX |  | 9 of 9 | XX | 1/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23030570 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 12/XX/2024, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 2 |
| 1985162 | XX |  | 1 of 4 | XX | 2/XX/2025 | Compliance | Note - Incomplete | 23047249 | The following section of the Note is incomplete: The Loan Agreement was not executed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 3 | 2 |
| 1985162 | XX |  | 2 of 4 | XX | 2/XX/2025 | Credit | DSCR - Program Parameters - Other | 23048338 | Personal Guaranty is required from one or more owners representing a majority ownership interest and any individual whose assets were used to qualify for the loan. (51% or more). The loan file is missing the following for XX. 1) A limited application that includes their name, address, date of birth, social security number, and citizenship. 2) An authorization for a credit report and background report. 3) Identification documentation must be provided as in a driver's license, passport, or similar | Resolved | **Rebuttal 1 (03/10/2025 9:40AM)<br> Please see the attached<br>**  | **Response 1 (03/12/2025 5:28AM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1985162 | XX |  | 3 of 4 | XX | 2/XX/2025 | Credit | DSCR - Program Parameters - Other | 23048335 | The loan file is missing verification that the subject property is located in a zone which allows short term rentals. | Resolved | **Rebuttal 1 (03/10/2025 1:32PM)<br> Please see the attached.<br>**  | **Response 1 (03/12/2025 5:25AM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1985162 | XX |  | 4 of 4 | XX | 2/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23048339 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 2/XX/25, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 2 |
| 1995606 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23061183 | The following section of the Note is incomplete: The loan agreement was not executed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1995606 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | No Credit Findings | 23061191 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1995606 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23061190 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The file contains a CDA, dated 3/XX/2025, that supports the value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1998359 | XX |  | 1 of 6 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23062764 | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 3 | 2 |
| 1998359 | XX |  | 2 of 6 | XX | 3/XX/2025 | Credit | Credit Report - Aged | 23063033 | The guidelines indicate the credit report can not be more than 90 days old from the Note date. The credit report in file is dated 12/XX/2024 which is > 90 days (95 days) of the 03/XX/2025 Note Date. | Waived | **Rebuttal 1 (04/04/2025 12:54PM)<br> Attached is the exception for the credit date<br>**  | **Response 1 (04/08/2025 11:36AM)<br> Waiver granted by Investor. (Waived)<br>**  |  | Compensating Factors: 19 months PITI Reserves, 781 Fico, Experienced Investor, 2.81 DSCR | 3 | 2 | 3 | 2 |
| 1998359 | XX |  | 3 of 6 | XX | 3/XX/2025 | Credit | Hazard Insurance - Missing/Insufficient | 23063030 | The evidence of insurance provided for the subject property reflects an incorrect address. The address reflected is XX vs. the address reflected on the note as XX | Resolved | **Rebuttal 1 (04/09/2025 3:45PM)<br> Please see the attached<br>**  | **Response 1 (04/11/2025 11:21AM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1998359 | XX |  | 4 of 6 | XX | 3/XX/2025 | Credit | Program Parameters - Other | 23063028 | Lender Exception provided for "Purchase of Subject property < 25 miles from Borrower Rent free Primary. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: 19 months PITI Reserves, 781 Fico, Experienced Investor, 2.81 DSCR | 2 | 2 | 3 | 2 |
| 1998359 | XX |  | 5 of 6 | XX | 3/XX/2025 | Credit | Title Commitment - Missing/Incomplete | 23063029 | The title commitment/policy is missing from the loan file. | Resolved | **Rebuttal 1 (04/02/2025 3:29PM)<br> Attached is the updated NY Title<br>**  | **Response 1 (04/04/2025 2:44PM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1998359 | XX |  | 6 of 6 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23063025 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 02/XX/2025 that supports the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 2 |
| 1998358 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23062646 | The following section of the Note is incomplete: The Loan Agreement was not executed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1998358 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | No Credit Findings | 23062966 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1998358 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23062964 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 1/XX/25 which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1998362 | XX |  | 1 of 4 | XX | 3/XX/2025 | Compliance | HUD1 - Not Final | 23063251 | It could not be determined that the Settlement statement provided in the loan file was the FINAL binding Settlement Statement, as it was not signed, stamped or certified. Real Estate Settlement Procedures Act (Regulation X) 12 CFR 1024.8, Appendix A. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1998362 | XX |  | 2 of 4 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23063247 | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1998362 | XX |  | 3 of 4 | XX | 3/XX/2025 | Credit | Hazard Insurance - Missing/Insufficient | 23063399 | Lender exception provided to allow Master Hazard Insurance policy to be 80% Co-insurance. Deemed non material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: 840 credit score, experienced investors, low LTV. | 2 | 2 | 2 | 2 |
| 1998362 | XX |  | 4 of 4 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23063400 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 12/XX/2024, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1992337 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | No Compliance Findings | 23057149 | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1992337 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | Program Parameters - Other | 23057168 | The subject loan does not meet Program Parameters. Lender Exception provided to allow the borrower to only have 9.5 months PITIA in asset reserves when 12 months is required. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating factors: DTI < 45% when 50% max; 24 years on the job. | 2 | 2 | 2 | 2 |
| 1992337 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23057169 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 02/XX/2025, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1968389 | XX |  | 1 of 3 | XX | 1/XX/2025 | Compliance | TRID - CD - Loan Information/Loan Type | 23031333 | The CD issued on 01/XX/2025 does not reflect the correct Loan Type. The Loan Type is reflected as Other; however it should be Conventional. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(5)(iv) | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1968389 | XX |  | 2 of 3 | XX | 1/XX/2025 | Credit | No Credit Findings | 23031649 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1968389 | XX |  | 3 of 3 | XX | 1/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23031622 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 12/XX/2024, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1995610 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23059705 | The following section of the Note is incomplete: The loan agreement was not executed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1995610 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | No Credit Findings | 23060103 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1995610 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23060104 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 10/XX/2024 which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1998364 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23064110 | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1998364 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | No Credit Findings | 23063420 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1998364 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23063462 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 9/XX/24, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1995608 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23062417 | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 3 | 2 |
| 1995608 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | DSCR - Program Parameters - Other | 23062773 | Per the guidelines, all guarantors must provide the following: 1) A limited application that includes their name, address, date of birth, social security number, and citizenship 2) An authorization to obtain a credit report and background report 3) Identification documentation as in a driver's license, passport, or similar. The file is missing the required documentation for Jordan Lee Kirilloff. | Resolved | **Rebuttal 1 (04/01/2025 5:04PM)<br> Please see attached Guarantor docs for xx.<br>Rebuttal 2 (04/03/2025 1:27PM)<br> Please see attached No Hit search for the guarantor.<br>**  | **Response 1 (04/03/2025 12:03PM)<br> Still missing background check for non-borrowing guarantor. (Upheld)<br>Response 2 (04/04/2025 12:37PM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1995608 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23062414 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 02/XX/2025 which supports the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 2 |
| 1995612 | XX |  | 1 of 5 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23062317 | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 3 | 2 |
| 1995612 | XX |  | 2 of 5 | XX | 3/XX/2025 | Credit | DSCR - Program Parameters - Other | 23062334 | The Guaranty Agreement provided is not executed by the guarantors, XX | Resolved | **Rebuttal 1 (04/01/2025 4:52PM)<br> Please see attached Guaranty executed by both parties.<br>**  | **Response 1 (04/03/2025 12:29PM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1995612 | XX |  | 3 of 5 | XX | 3/XX/2025 | Credit | Hazard Insurance - Missing/Insufficient | 23062630 | Per the guidelines, a minimum of $100,000 liability insurance is required. The file does not contain evidence of liability insurance. | Resolved | **Rebuttal 1 (04/01/2025 4:53PM)<br> Please see attached confirmation the policy contains $300k in liability coverage.<br>**  | **Response 1 (04/03/2025 12:29PM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1995612 | XX |  | 4 of 5 | XX | 3/XX/2025 | Credit | Program Parameters - Other | 23062631 | Per the guidelines, all guarantors must provide the following: 1) A limited application that includes their name, address, date of birth, social security number, and citizenship 2) An authorization to obtain a credit report and background report 3) Identification documentation as in a driver's license, passport, or similar. The file is missing the required documentation for XX | Resolved | **Rebuttal 1 (04/01/2025 4:53PM)<br> Please see attached Guarantor docs.<br>Rebuttal 2 (04/03/2025 1:28PM)<br> Please see attached search for guarantor. <br>**  | **Response 1 (04/03/2025 12:30PM)<br> Still missing background for non-borrowing guarantor. (Upheld)<br>Response 2 (04/04/2025 12:42PM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1995612 | XX |  | 5 of 5 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23062338 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 02/XX/2025 which supports the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 2 |
| 1995618 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23062272 | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 3 | 2 |
| 1995618 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | Program Parameters - Other | 23062495 | Per the guidelines, all guarantors must provide the following: 1) A limited application that includes their name, address, date of birth, social security number, and citizenship 2) An authorization to obtain a credit report and background report 3) Identification documentation as in a driver's license, passport, or similar. The file is missing the required documentation for XX who signed the Guaranty Agreement. | Resolved | **Rebuttal 1 (04/01/2025 5:06PM)<br> Please see attached Guarantor docs for xx.<br>Rebuttal 2 (04/03/2025 1:28PM)<br> Please see attached search for guarantor.<br>**  | **Response 1 (04/03/2025 12:09PM)<br> Still missing background check for non-borrowing guarantor. (Upheld)<br>Response 2 (04/04/2025 12:40PM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1995618 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23062282 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 02/XX/2025 which supports the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 2 |
| 1998370 | XX |  | 1 of 6 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23065971 | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | **Rebuttal 1 (04/14/2025 9:17AM)<br> Docs uploaded.<br>**  | **Response 1 (04/14/2025 9:20AM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 2 | 1 | 3 | 2 |
| 1998370 | XX |  | 2 of 6 | XX | 3/XX/2025 | Compliance | Note - Signature Discrepancy | 23066108 | The Note, Addendum, and Loan Agreement were signed utilizing an Attorney-in-fact; however, the Power of Attorney was not provided in the loan file. | Resolved | **Rebuttal 1 (04/09/2025 4:06PM)<br> Please see attached POA <br>**  | **Response 1 (04/11/2025 2:30PM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1998370 | XX |  | 3 of 6 | XX | 3/XX/2025 | Compliance | Security Instrument - Signature Discrepancy | 23066109 | The Security Instrument and Riders were signed utilizing an Attorney-in-fact; however, the Power of Attorney was not provided in the loan file. | Resolved | **Rebuttal 1 (04/09/2025 4:06PM)<br> Please see attached POA<br>**  | **Response 1 (04/11/2025 2:31PM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1998370 | XX |  | 4 of 6 | XX | 3/XX/2025 | Credit | DSCR - Program Parameters - Other | 23065083 | A personal Guaranty is required from one or more owners representing a majority ownership interest and any individual whose assets were used to qualify for the loan. (51% or more). The following are missing for xx. 1) An authorization for a credit report and background report. | Resolved | **Rebuttal 1 (04/09/2025 12:45PM)<br> Please see guarantor docs for xx.<br>**  | **Response 1 (04/11/2025 12:34PM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1998370 | XX |  | 5 of 6 | XX | 3/XX/2025 | Credit | DSCR - Program Parameters - Other | 23065082 | The lender provided an exception to allow for AHL to finance multiple properties on one street block. Considered non-material based on compensating factors (waived). | Waived |  |  |  | Compensating factors: 805 FICO, 203 mos reserves | 2 | 2 | 3 | 2 |
| 1998370 | XX |  | 6 of 6 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23065084 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 2/XX/25, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 2 |
| 1998371 | XX |  | 1 of 6 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23066366 | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | **Rebuttal 1 (04/14/2025 9:01AM)<br> Docs uploaded.<br>**  | **Response 1 (04/14/2025 9:06AM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 2 | 1 | 3 | 2 |
| 1998371 | XX |  | 2 of 6 | XX | 3/XX/2025 | Compliance | Note - Signature Discrepancy | 23066370 | The signature on the Note does not appear to match loan documents. The Note, Addendum, disclosures the Loan Agreement were signed utilizing an Attorney in fact; however, a Power of Attorney was not provided in the loan file. | Resolved | **Rebuttal 1 (04/11/2025 3:19PM)<br> Please see attached POA.<br>**  | **Response 1 (04/14/2025 9:07AM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1998371 | XX |  | 3 of 6 | XX | 3/XX/2025 | Compliance | Security Instrument - Signature Discrepancy | 23066375 | The signature on the Security Instrument does not appear to match the Note. The Security Instrument was signed utilizing and Attorney in fact; however, a Power of Attorney was not provided in the loan file. | Resolved | **Rebuttal 1 (04/11/2025 3:19PM)<br> Please see attached POA.<br>**  | **Response 1 (04/14/2025 9:07AM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1998371 | XX |  | 4 of 6 | XX | 3/XX/2025 | Credit | DSCR - Program Parameters - Other | 23066217 | A personal Guaranty is required from one or more owners representing a majority ownership interest and any individual whose assets were used to qualify for the loan. (51% or more). The following are missing for XX 1) A limited application that includes their name, address, date of birth, social security number, and citizenship. 2) An authorization for a credit report and background report. 3) Identification documentation must be provided as in a driver's license, passport, or similar | Resolved | **Rebuttal 1 (04/09/2025 4:54PM)<br> Please see attached guarantor docs for xx.<br>**  | **Response 1 (04/11/2025 12:37PM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1998371 | XX |  | 5 of 6 | XX | 3/XX/2025 | Credit | DSCR - Program Parameters - Other | 23066216 | The lender provided an exception to allow for multiple properties on the same block financed by AHL. Considered non-material based on compensating factors (waived). | Waived |  |  |  | Compensating factors: 805 FICO, 311 mos reserves | 2 | 2 | 3 | 2 |
| 1998371 | XX |  | 6 of 6 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23066219 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 2/XX/25, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 2 |
| 1998368 | XX |  | 1 of 6 | XX | 3/XX/2025 | Compliance | HUD1 - Not Final | 23066221 | It could not be determined that the HUD-1 provided in the loan file was the FINAL binding HUD-1. Real Estate Settlement Procedures Act (Regulation X) 12 CFR 1024.8, Appendix A | Acknowledged |  |  |  |  | 2 | 2 | 3 | 2 |
| 1998368 | XX |  | 2 of 6 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23066178 | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  | 2 | 2 | 3 | 2 |
| 1998368 | XX |  | 3 of 6 | XX | 3/XX/2025 | Credit | DSCR - Program Parameters - Other | 23065850 | Per the guidelines, all guarantors must provide the following: 1) A limited application that includes their name, address, date of birth, social security number, and citizenship 2) An authorization to obtain a credit report and background report 3) Identification documentation as in a driver's license, passport, or similar. The file is missing the required documentation for xx (50% owner of xx which is 100% owner of xx). | Resolved | **Rebuttal 1 (04/09/2025 4:18PM)<br> Please see attached guarantor docs for xx.<br>**  | **Response 1 (04/11/2025 12:39PM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1998368 | XX |  | 4 of 6 | XX | 3/XX/2025 | Credit | DSCR - Program Parameters - Other | 23065861 | The lender provided an exception to allow for AHL to finance multiple properties on one street block. Deemed non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: 805 FICO, 311 months of reserves | 2 | 2 | 3 | 2 |
| 1998368 | XX |  | 5 of 6 | XX | 3/XX/2025 | Credit | Power of Attorney | 23066387 | Subject loan closed using a Power of Attorney. The file is missing the POA. | Resolved | **Rebuttal 1 (04/11/2025 3:01PM)<br> Please see attached POA.<br>**  | **Response 1 (04/15/2025 9:01AM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1998368 | XX |  | 6 of 6 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23065906 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 02/XX/2025 which supports the original appraised value. |  |  |  |  |  | 1 | 1 | 3 | 2 |
| 1998367 | XX |  | 1 of 5 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23066431 | The following section of the Note is incomplete: The Loan Agreement was not executed by the lender. | Resolved | **Rebuttal 1 (04/11/2025 2:39PM)<br> Docs uploaded.<br>**  | **Response 1 (04/11/2025 2:39PM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 2 | 1 | 3 | 2 |
| 1998367 | XX |  | 2 of 5 | XX | 3/XX/2025 | Compliance | Security Instrument - Power of Attorney Missing | 23066528 | There is an individual on the Security Instrument who signed as an agent under a Power of Attorney but the Power of Attorney is missing | Resolved | **Rebuttal 1 (04/09/2025 4:19PM)<br> Please see attached POA.<br>**  | **Response 1 (04/11/2025 2:40PM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1998367 | XX |  | 3 of 5 | XX | 3/XX/2025 | Credit | DSCR - Program Parameters - Other | 23066101 | Borrower 1 was 50%/50% owner of the borrowing entity, xx, with a non-borrower,xx Lender guidelines require a Personal Guaranty to be signed by one or more owners representing a majority ownership (51%). The loan file contained the Guaranty for both guarantors. However, the loan file did not contain a 1) limited application that includes name, address, date of birth, social security and citizenship 2) authorization for credit report and 3) background check, or a 4) picture ID as a driver's license, passport, or similar for the non-borrowing guarantor as required. | Resolved | **Rebuttal 1 (04/09/2025 4:19PM)<br> Please see attached guarantor docs for xx.<br>**  | **Response 1 (04/11/2025 12:42PM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1998367 | XX |  | 4 of 5 | XX | 3/XX/2025 | Credit | DSCR - Program Parameters - Other | 23066114 | The lender provided an exception to allow for multiple properties on the same block financed by AHL. Considered non-material based on compensating factors (waived). | Waived |  |  |  | Compensating factors - FICO of 805, 312 months reserves | 2 | 2 | 3 | 2 |
| 1998367 | XX |  | 5 of 5 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23066130 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 02/XX/2025, which supports the original appraised value. |  |  |  |  |  | 1 | 1 | 3 | 2 |
| 1998369 | XX |  | 1 of 7 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23066531 | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | **Rebuttal 1 (04/11/2025 2:47PM)<br> Docs uploaded.<br>**  | **Response 1 (04/11/2025 2:48PM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 2 | 1 | 3 | 2 |
| 1998369 | XX |  | 2 of 7 | XX | 3/XX/2025 | Compliance | Note - Signature Discrepancy | 23066537 | The Note, Loan agreement and Addendum were signed utilizing an Attorney - in- fact; however a Power of Attorney was not provided in the loan file. | Resolved | **Rebuttal 1 (04/09/2025 5:05PM)<br> Please see attached POA<br>**  | **Response 1 (04/11/2025 2:48PM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1998369 | XX |  | 3 of 7 | XX | 3/XX/2025 | Compliance | Security Instrument - Signature Discrepancy | 23066540 | The security instrument was signed utilizing an Attorney - in- fact; however a Power of Attorney was not provided in the loan file. | Resolved | **Rebuttal 1 (04/09/2025 5:06PM)<br> Please see attached POA.<br>**  | **Response 1 (04/11/2025 2:48PM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1998369 | XX |  | 4 of 7 | XX | 3/XX/2025 | Credit | DSCR - Program Parameters - Other | 23066491 | A personal Guaranty is required from one or more owners representing a majority ownership interest and any individual whose assets were used to qualify for the loan. (51% or more). The following are missing for xx. 2) An authorization for a credit report and background report. 3) Identification documentation must be provided as in a driver's license, passport, or similar. | Resolved | **Rebuttal 1 (04/09/2025 5:02PM)<br> Please see guarantor docs for xx.<br>**  | **Response 1 (04/11/2025 12:46PM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1998369 | XX |  | 5 of 7 | XX | 3/XX/2025 | Credit | DSCR - Program Parameters - Other | 23066489 | The lender provided an exception to allow for AHL to finance multiple properties on one street block. Considered non-material based on compensating factors (waived). | Waived |  |  |  | FICO score 40 points greater than min fico score; borrower has 3+ investment properties, experienced investor | 2 | 2 | 3 | 2 |
| 1998369 | XX |  | 6 of 7 | XX | 3/XX/2025 | Credit | Power of Attorney | 23066487 | A Power of Attorney was necessary but could not be found in the file. | Resolved | **Rebuttal 1 (04/09/2025 5:05PM)<br> Please see attached POA.<br>**  | **Response 1 (04/11/2025 12:45PM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1998369 | XX |  | 7 of 7 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23066494 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 02/XX/2025 which supports the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 2 |
| 1995619 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23061953 | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | **Rebuttal 1 (04/01/2025 4:04PM)<br> Docs uploaded.<br>**  | **Response 1 (04/01/2025 4:06PM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 2 | 1 | 2 | 1 |
| 1995619 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | No Credit Findings | 23061852 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 1 |
| 1995619 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23061853 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 2/XX/25, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 1 |
| 1995623 | XX |  | 1 of 3 | XX | 2/XX/2025 | Compliance | No Compliance Findings | 23046874 | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
| 1995623 | XX |  | 2 of 3 | XX | 2/XX/2025 | Credit | No Credit Findings | 23046491 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
| 1995623 | XX |  | 3 of 3 | XX | 2/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23046494 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 02/XX/2025, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 1 | 1 |
| 1998377 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23064162 | The following section of the Note is incomplete: The Loan Agreement was not executed by the lender. | Resolved | **Rebuttal 1 (04/10/2025 9:58AM)<br> Docs uploaded.<br>**  | **Response 1 (04/10/2025 10:00AM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 2 | 1 | 3 | 1 |
| 1998377 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | Mortgage History - Missing/Incomplete | 23063981 | The mortgage history in the loan file was incomplete or missing. Guidelines require a minimum of 12 months payment history on the primary residence and the subject property. The 1003 indicates the primary residence is owned free and clear. Per the free and clear guidelines, a property report or similar document must be provided showing no liens. The property profile and the Drive Report indicates the borrower is the secondary owner of the primary residence and a mortgage was obtained on 05/XX/2022 with xx in the amount of $xx. The file did not contain any documentation to verify the payment history or that the borrower is not responsible for this payment. | Resolved | **Rebuttal 1 (04/07/2025 2:28PM)<br> Hazard policy is showing no additional insured or mortgagee (please see attached)<br>Rebuttal 2 (04/17/2025 10:36AM)<br> Mortgage statement. DSCR remains unchanged. Please deactivate as a grade 1. <br>Rebuttal 3 (04/17/2025 11:12AM)<br> Doc provided.<br>**  | **Response 1 (04/09/2025 9:28AM)<br> Insurance provided is from subject property. Documentation of no mortgage on primary residence is required. (Upheld)<br>Response 2 (04/17/2025 11:13AM)<br> Mortgage statement provided and reflects not in the name of borrower. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 1 |
| 1998377 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23063890 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is 1.2. |  |  |  |  |  | 1 | 1 | 3 | 1 |
| 1995624 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23060200 | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1995624 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | No Credit Findings | 23060309 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1995624 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23060311 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 2/XX/2025 which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1998373 | XX |  | 1 of 4 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23062891 | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | **Rebuttal 1 (04/07/2025 1:33PM)<br> Docs uploaded.<br>**  | **Response 1 (04/07/2025 1:33PM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 2 | 1 | 3 | 2 |
| 1998373 | XX |  | 2 of 4 | XX | 3/XX/2025 | Compliance | Security Instrument - Name Discrepancy | 23063060 | The Vested Interest on the Security Instrument is inconsistent with the Title. The Vested Interest on the Security Agreement reflects XX; however, Title reflects current Vested Interest as XX. The Loan File did not contain a transfer deed to support the change in Vested Interest. | Resolved | **Rebuttal 1 (04/04/2025 8:16AM)<br> Attached is the deed<br>**  | **Response 1 (04/07/2025 1:34PM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1998373 | XX |  | 3 of 4 | XX | 3/XX/2025 | Credit | Program Parameters - Other | 23062569 | Lender Exception provided to proceed with rural property. Determined non-material based on compensating factors. (Waived) | Waived |  |  |  | Compensating Factors: FICO score, 105 months reserves. | 2 | 2 | 3 | 2 |
| 1998373 | XX |  | 4 of 4 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23062568 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 2/XX/25 which supports the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 2 |
| 1995625 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23061152 | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | **Rebuttal 1 (04/01/2025 4:10PM)<br> Docs uploaded.<br>**  | **Response 1 (04/01/2025 4:12PM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 2 | 1 | 3 | 2 |
| 1995625 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | DSCR - Program Parameters - Other | 23061538 | A personal Guaranty is required from one or more owners representing a majority ownership interest and any individual whose assets were used to qualify for the loan. (51% or more). The following are missing for xx1) A limited application that includes their name, address, date of birth, social security number, and citizenship. 2) An authorization for a credit report and background report. 3) Identification documentation must be provided as in a driver's license, passport, or similar. | Waived | **Rebuttal 1 (03/28/2025 5:39PM)<br> Borrower lives in Community Property State, only Guaranty is needed to be signed. <br>Rebuttal 2 (04/02/2025 11:04AM)<br> Attached <br>**  | **Response 1 (04/01/2025 1:14PM)<br> xx signed as a Guarantor and he is a 50% owner with the other 50%. Guarantor docs for xx are required. (Upheld)<br>Response 2 (04/04/2025 2:52PM)<br> Waiver granted by Investor. (Waived)<br>**  |  | 738 score. Experienced Investor. 25 months of reserves. | 3 | 2 | 3 | 2 |
| 1995625 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23061540 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 3/XX/25, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 2 |
| 1995622 | XX |  | 1 of 6 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23061548 | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | **Rebuttal 1 (04/01/2025 4:15PM)<br> Docs uploaded.<br>**  | **Response 1 (04/01/2025 4:17PM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 2 | 1 | 3 | 2 |
| 1995622 | XX |  | 2 of 6 | XX | 3/XX/2025 | Compliance | Security Instrument - Name Discrepancy | 23062350 | The Entity name on the Security Instrument is inconsistent with the title. Title reflects that current vested interest is in the name of xx a Florida corporation , however, the mortgage listsxx. A deed transferring ownership interest from xx, a Florida corporation toxx is required to confirm ownership interest in the new mortgage. | Resolved | **Rebuttal 1 (04/01/2025 10:23AM)<br> deed<br>**  | **Response 1 (04/01/2025 4:18PM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>Response 2 (04/01/2025 4:18PM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1995622 | XX |  | 3 of 6 | XX | 3/XX/2025 | Credit | DSCR - Program Parameters - Other | 23061790 | Borrower 1 50%/50% owner of the borrowing entity, xx, with a non-borrowerxx. Lender guidelines require a Personal Guaranty to be signed by one or more owners representing a majority ownership (51%). The loan file contained the signed Guaranty by both guarantors as required. However, the loan file did not contain a 1) limited application that includes name, address, date of birth, social security number, and citizenship, 2) authorization for credit report and background check, or a picture ID as a driver's license, passport, or similar for the non-borrowing guarantor as required. Additional conditions may apply. | Resolved | **Rebuttal 1 (03/31/2025 5:20PM)<br> guarantor docs<br>**  | **Response 1 (04/02/2025 8:38AM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1995622 | XX |  | 4 of 6 | XX | 3/XX/2025 | Credit | DSCR - Program Parameters - Other | 23061775 | The background check is missing for the entity:xx, to include liens and judgment search. Additional conditions may apply. | Resolved | **Rebuttal 1 (03/31/2025 5:15PM)<br> background<br>**  | **Response 1 (04/02/2025 8:37AM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1995622 | XX |  | 5 of 6 | XX | 3/XX/2025 | Credit | DSCR - Program Parameters - Other | 23061650 | The loan file contains a lender exception to allow rural property. AHL guidelines state no rural properties. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: Fico score 699, DSCR 1.475%, LTV is less than maximum LTV of 60%. | 2 | 2 | 3 | 2 |
| 1995622 | XX |  | 6 of 6 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23061718 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 3/XX/2025 which supports the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 2 |
| 1998378 | XX |  | 1 of 4 | XX | 3/XX/2025 | Compliance | HUD1 - Not Final | 23063126 | It could not be determined that the HUD-1 provided in the loan file was the FINAL binding HUD-1. Real Estate Settlement Procedures Act (Regulation X) 12 CFR 1024.8, Appendix A | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1998378 | XX |  | 2 of 4 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23062945 | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1998378 | XX |  | 3 of 4 | XX | 3/XX/2025 | Credit | No Credit Findings | 23063015 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1998378 | XX |  | 4 of 4 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23062601 | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 2/XX/25, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1995630 | XX |  | 1 of 4 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23062534 | The following section of the Note is incomplete: The loan agreement was not executed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 3 | 2 |
| 1995630 | XX |  | 2 of 4 | XX | 3/XX/2025 | Credit | Credit Report - Minimum Trade Lines | 23062871 | Lender Exception provided for "Minimum Tradeline Requirements Not Met" Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: 102 months PITI Reserves, 771 Fico, Experienced Investor | 2 | 2 | 3 | 2 |
| 1995630 | XX |  | 3 of 4 | XX | 3/XX/2025 | Credit | DSCR - Program Parameters - Other | 23062889 | The lease provided for the subject property reflects an incorrect address. The address reflected is xx vs. xx | Resolved | **Rebuttal 1 (04/03/2025 8:22AM)<br> Please see the attached correspondence. Can we please revisit this condition?<br>**  | **Response 1 (04/07/2025 1:29PM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1995630 | XX |  | 4 of 4 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23062844 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 03/XX/2025 that supports the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 2 |
| 1989459 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23054563 | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1989459 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | No Credit Findings | 23055047 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1989459 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23055045 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated 2.XX.25 was provided and supports original appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1995628 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23059320 | The following section of the Note is incomplete: The loan agreement was not executed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1995628 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | DSCR - Program Parameters - Other | 23059106 | The loan file contains a lender exception to allow a JR AUD + ADU when AHL guidelines only allow one ADU. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: Fico score 801, DSCR 2.445%. | 2 | 2 | 2 | 2 |
| 1995628 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23059107 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 2/XX/2025 which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1998383 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23064108 | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1998383 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | Program Parameters - Property Type | 23064068 | Lender Exception provided for "Condo Conversion by exception only." Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating factors: FICO 762, reserves 77 mos | 2 | 2 | 2 | 2 |
| 1998383 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23064067 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 3/XX/2025, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1998381 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23063137 | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1998381 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | DSCR - Program Parameters - Other | 23063317 | Lender provided an exception to allow for a rural property. Considered non-material based on compensating factors (waived). | Waived |  |  |  | Compensating factors: 702 FICO, 11 mos reserves | 2 | 2 | 2 | 2 |
| 1998381 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23063318 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 3/XX/25, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1998382 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23064126 | The following section of the Note is incomplete: The Loan Agreement was not executed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1998382 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | No Credit Findings | 23063903 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1998382 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23063971 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated, 02/XX/2025, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1998379 | XX |  | 1 of 4 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23063265 | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  | 2 | 2 | 3 | 2 |
| 1998379 | XX |  | 2 of 4 | XX | 3/XX/2025 | Credit | DSCR - Program Parameters - Other | 23062671 | Subject loan closed in an entity which has 2 members. Assets from the non-borrowing member were used to qualify xx). Per the guidelines, any non-borrowing member of the entity whose assets are used to qualify for the loan are required to be a personal guaranty. In addition, guarantors are required to complete a limited application, provide authorization for a credit report and background report. The guarantor must meet the credit and background requirements, provide identification documents and meet the minimum credit score requirements. The second member, xx did not sign the guaranty agreement and none of the required guaranty documentation was provided. | Waived | **Rebuttal 1 (04/04/2025 7:19AM)<br> Please see attached exception.<br>**  | **Response 1 (04/08/2025 11:21AM)<br> Waiver granted by Investor. (Waived)<br>**  |  | Compensating Factors: FICO of 756 being 20 points greater than minimum required, experienced investor | 3 | 2 | 3 | 2 |
| 1998379 | XX |  | 3 of 4 | XX | 3/XX/2025 | Credit | DSCR - Program Parameters - Other | 23062619 | The file contains a lender exception to allow use of lease rents with only one month proof of rental receipts instead of two. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: FICO of 756 being 20 points greater than minimum required, experienced investor | 2 | 2 | 3 | 2 |
| 1998379 | XX |  | 4 of 4 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23062704 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 03/XX/2025 which supports the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 2 |
| 1992367 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23057273 | The following section of the Note is incomplete: The loan agreement is missing the lenders signature. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1992367 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | No Credit Findings | 23056825 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1992367 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23056824 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 3/XX/2025, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1998386 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23064052 | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1998386 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | No Credit Findings | 23064234 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1998386 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23064235 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 3/XX/25, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1995633 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23061076 | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | **Rebuttal 1 (04/01/2025 4:39PM)<br> Docs uploaded.<br>**  | **Response 1 (04/01/2025 4:40PM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 2 | 1 | 3 | 1 |
| 1995633 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | DSCR - Program Parameters - Other | 23060566 | The loan file is missing the required FNMA and FHLMC SSR's per AHL guidelines. Additional conditions may apply. | Resolved | **Rebuttal 1 (03/31/2025 8:14AM)<br> Please see the attached SSR reports<br>**  | **Response 1 (04/02/2025 8:29AM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 1 |
| 1995633 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23060567 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 2/XX/2025 which supports the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 1 |
| 1998387 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23064032 | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1998387 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | No Credit Findings | 23063144 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1998387 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23063146 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 3/XX/25, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1995632 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23060894 | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1995632 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | No Credit Findings | 23060431 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1995632 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23060432 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 2/XX/2025 which supports the appraised valuie. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1998390 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23063464 | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1998390 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | No Credit Findings | 23063445 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1998390 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23063444 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 3/XX/25 which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1998392 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23068111 | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | **Rebuttal 1 (04/15/2025 7:03PM)<br> Docs uploaded.<br>**  | **Response 1 (04/15/2025 7:05PM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 2 | 1 | 2 | 1 |
| 1998392 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | No Credit Findings | 23068557 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 1 |
| 1998392 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23068561 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated, 03/XX/2025, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 1 |
| 1998393 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23062936 | The following section of the Note is incomplete: The Loan Agreement was not executed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1998393 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | No Credit Findings | 23062770 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1998393 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23062772 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 1/XX/25, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1995637 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23059562 | The following section of the Note is incomplete: The loan agreement is not executed by the lender. | Resolved | **Rebuttal 1 (04/01/2025 4:44PM)<br> Docs uploaded.<br>Rebuttal 2 (04/01/2025 4:44PM)<br> Docs uploaded.<br>**  | **Response 1 (04/01/2025 4:45PM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 2 | 1 | 3 | 1 |
| 1995637 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | DSCR - Program Parameters - Other | 23059449 | The loan file is missing the required FNMA and FHLMC SSR's per AHL guidelines. Additional conditions may apply. | Resolved | **Rebuttal 1 (03/26/2025 6:10PM)<br> Attached <br>**  | **Response 1 (03/28/2025 8:43AM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 1 |
| 1995637 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23059450 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 3/XX/2025 which supports the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 1 |
| 1995640 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23062667 | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1995640 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | No Credit Findings | 23062353 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1995640 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23062358 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 3/XX/25, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1995641 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23060246 | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1995641 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | No Credit Findings | 23061739 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1995641 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23060984 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 3/XX/25, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1998398 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23066523 | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Resolved | **Rebuttal 1 (04/14/2025 8:38AM)<br> Docs uploaded.<br>**  | **Response 1 (04/14/2025 8:51AM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 2 | 1 | 2 | 1 |
| 1998398 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | No Credit Findings | 23066269 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 1 |
| 1998398 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23066271 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 3/XX/2025 which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 1 |
| 1998402 | XX |  | 1 of 3 | XX | 4/XX/2025 | Compliance | Note - Incomplete | 23066625 | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | **Rebuttal 1 (04/14/2025 8:54AM)<br> Docs uploaded.<br>**  | **Response 1 (04/14/2025 8:59AM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 2 | 1 | 2 | 1 |
| 1998402 | XX |  | 2 of 3 | XX | 4/XX/2025 | Credit | No Credit Findings | 23066235 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 1 |
| 1998402 | XX |  | 3 of 3 | XX | 4/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23066237 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 03/XX/2025, which supports the original appraised value. |  |  |  |  |  | 1 | 1 | 2 | 1 |
| 1998397 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23064573 | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1998397 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | No Credit Findings | 23064661 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1998397 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23064663 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 3/XX/25, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1998404 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23064531 | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1998404 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | No Credit Findings | 23064587 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1998404 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23064588 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 3/XX/25, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1998406 | XX |  | 1 of 5 | XX | 3/XX/2025 | Compliance | HUD1 - Not Final | 23064451 | It could not be determined that the HUD-1 provided in the loan file was the FINAL binding HUD-1. Real Estate Settlement Procedures Act (Regulation X) 12 CFR 1024.8, Appendix A | Acknowledged |  |  |  |  | 2 | 2 | 3 | 2 |
| 1998406 | XX |  | 2 of 5 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23064139 | The following section of the Note is incomplete: The Loan Agreement was not executed by the Lender. | Resolved | **Rebuttal 1 (04/10/2025 9:33AM)<br> Docs uploaded.<br>**  | **Response 1 (04/10/2025 9:34AM)<br> The documentation provided is sufficient to cure the finding. (Resolved)<br>**  |  |  | 2 | 1 | 3 | 2 |
| 1998406 | XX |  | 3 of 5 | XX | 3/XX/2025 | Credit | Program Parameters - Other | 23063465 | Per the guidelines, all guarantors must provide the following: 1) A limited application that includes their name, address, date of birth, social security number, and citizenship 2) An authorization to obtain a credit report and background report 3) Identification documentation as in a driver's license, passport, or similar. The loan file contains identification documentation; however, none of the other required documentation was provided for non borrowing guarantor, xx | Resolved | **Rebuttal 1 (04/04/2025 4:35PM)<br> Please see attached guarantor docs for xx.<br>**  | **Response 1 (04/08/2025 12:23PM)<br> Documents provided as required. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| 1998406 | XX |  | 4 of 5 | XX | 3/XX/2025 | Credit | Program Parameters - Other | 23063488 | Lender Exception provided for Guarantor fico below 660. Determined non-material based on compensating factors (waived). | Waived |  |  |  | Compensating Factors: Assets exceed reserve requirements by 6+ months, 810 credit score | 2 | 2 | 3 | 2 |
| 1998406 | XX |  | 5 of 5 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23063467 | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated 3/XX/2025, which supports the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 2 |
| 1998403 | XX |  | 1 of 3 | XX | 3/XX/2025 | Compliance | Note - Incomplete | 23063277 | The following section of the Note is incomplete: The loan agreement was not signed by the lender. | Acknowledged |  |  |  |  | 2 | 2 | 2 | 2 |
| 1998403 | XX |  | 2 of 3 | XX | 3/XX/2025 | Credit | No Credit Findings | 23062928 | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1998403 | XX |  | 3 of 3 | XX | 3/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23062930 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 3/XX/2025 which supports the appraised value. |  |  |  |  |  | 1 | 1 | 2 | 2 |
| 1988015 | XX |  | 1 of 3 | XX | 2/XX/2025 | Compliance | No Compliance Findings | 23042159 | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 1 |
| 1988015 | XX |  | 2 of 3 | XX | 2/XX/2025 | Credit | Borrower - Residency Alien Documentation | 23042127 | The borrower indicates Non-Permanent Resident Alien status, however, the file contains no evidence of the acceptable Visa required per investor guidelines. The loan file does contain an email stating the borrower should be considered a non-permanent resident. | Resolved | **Rebuttal 1 (03/04/2025 12:07PM)<br> Work Visa attached.<br>**  | **Response 1 (03/06/2025 8:38AM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 1 |
| 1988015 | XX |  | 3 of 3 | XX | 2/XX/2025 | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | 23042038 | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated 1/XX/25 which supports the appraised value. |  |  |  |  |  | 1 | 1 | 3 | 1 |
|  |  |  |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.6

**Exhibit 99.6 Schedule 4**

Valuation Securitization Report

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **AVM VALUES** | **AVM VALUES** | **AVM VALUES** | **AVM VALUES** | **AVM VALUES** | **AVM VALUES** | **AVM VALUES** | **DESK REVIEW VALUES** | **DESK REVIEW VALUES** | **DESK REVIEW VALUES** | **DESK REVIEW VALUES** | **DESK REVIEW VALUES** | **DESK REVIEW VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** |  |  |
| Loan Id | **Customer Loan ID** | **Seller Loan ID** | **Subject Address** | **Subject City** | **Subject State** | **Subject Zip** | **Note Date** | **Original Loan Amount** | **Sales Price** | **PIW Indicator** | **Appraised Value** | **Value for LTV** | **Appraisal Form Type** | **Appraisal Date** | **Appraisal Company Name** | **AVM Confidence Score** | **AVM FSD Score** | **Market Condition** | **Second Appraisal Value** | **Variance Amount** | **Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Confidence Score** | **AVM FSD Score** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Risk Score** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Aggregate Appraised Value** | **Aggregate Variance Amount** | **Aggregate Variance Percent** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** |
| 1993160 | XX |  | XX | XX | NY | XX | 02/XX/2025 | XX |  | No | XX | XX | 1025 | 01/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1998390 | XX |  | XX | XX | SC | XX | 03/XX/2025 | XX |  | No | XX | XX | 1004 | 03/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.8 |
| 1995622 | XX |  | XX | XX | FL | XX | 03/XX/2025 | XX |  | No | XX | XX | 1004 | 02/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 |
| 1995632 | XX |  | XX | XX | NJ | XX | 03/XX/2025 | XX |  | No | XX | XX | 1025 | 02/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1998377 | XX |  | XX | XX | FL | XX | 03/XX/2025 | XX |  | No | XX | XX | 1004 | 02/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 |
| 1964233 | XX |  | XX | XX | AL | XX | 12/XX/2024 | XX |  | No | XX | XX | 1004 | 11/XX/2024 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 12/XX/2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1964200 | XX |  | XX | XX | TN | XX | 12/XX/2024 | XX |  | No | XX | XX | 1004 | 12/XX/2024 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | -10.909% | XX |  | 12/XX/2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1998362 | XX |  | XX | XX | GA | XX | 03/XX/2025 | XX |  | No | XX | XX | 1004 | 12/XX/2024 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 12/XX/2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |
| 1998397 | XX |  | XX | XX | FL | XX | 03/XX/2025 | XX |  | No | XX | XX | 1004 | 03/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |
| 1963090 | XX |  | XX | XX | FL | XX | 02/XX/2025 | XX |  | No | XX | XX | 1004 | 08/XX/2024 | XX |  |  | Decreasing |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 08/XX/2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 |
| 1995630 | XX |  | XX | XX | FL | XX | 03/XX/2025 | XX |  | No | XX | XX | 1025 | 03/XX/2025 | XX |  |  | Decreasing |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1989459 | XX |  | XX | XX | CT | XX | 03/XX/2025 | XX |  | No | XX | XX | 1004 | 12/XX/2024 | XX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 |
| 1998368 | XX |  | XX | XX | GA | XX | 03/XX/2025 | XX | XX | No | XX | XX | 1004 | 02/XX/2025 | XX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4 |
| 1968389 | XX |  | XX | XX | CT | XX | 01/XX/2025 | XX |  | No | XX | XX | 1004 | 12/XX/2024 | XX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 12/XX/2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 |
| 1998386 | XX |  | XX | XX | ME | XX | 03/XX/2025 | XX |  | No | XX | XX | 1004 | 02/XX/2025 | XX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.5 |
| 1992337 | XX |  | XX | XX | FL | XX | 03/XX/2025 | XX |  | No | XX | XX | 1004 | 01/XX/2025 | XX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.1 |
| 1971807 | XX |  | XX | XX | FL | XX | 12/XX/2024 | XX |  | No | XX | XX | 1004 | 08/XX/2024 | XX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 10/XX/2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |
| 1998370 | XX |  | XX | XX | GA | XX | 03/XX/2025 | XX | XX | No | XX | XX | 1004 | 02/XX/2025 | XX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 |
| 1998358 | XX |  | XX | XX | TX | XX | 03/XX/2025 | XX |  | No | XX | XX | 1004 | 01/XX/2025 | XX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 01/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.6 |
| 1995641 | XX |  | XX | XX | MD | XX | 03/XX/2025 | XX |  | No | XX | XX | 1004 | 03/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1995633 | XX |  | XX | XX | CT | XX | 03/XX/2025 | XX |  | No | XX | XX | 1004 | 02/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 |
| 1964258 | XX |  | XX | XX | MI | XX | 01/XX/2025 | XX |  | No | XX | XX | 1004 | 12/XX/2024 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 12/XX/2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1995623 | XX |  | XX | XX | CA | XX | 02/XX/2025 | XX | XX | No | XX | XX | 1004 | 01/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1995608 | XX |  | XX | XX | PA | XX | 03/XX/2025 | XX |  | No | XX | XX | 1004 | 02/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |
| 1993210 | XX |  | XX | XX | TX | XX | 03/XX/2025 | XX |  | No | XX | XX | 1073 | 02/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | -1.653% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1985162 | XX |  | XX | XX | FL | XX | 02/XX/2025 | XX |  | No | XX | XX | 1073 | 01/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 |
| 1916049 | XX |  | XX | XX | FL | XX | 11/XX/2024 | XX |  | No | XX | XX | 1004 | 10/XX/2024 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 10/XX/2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1985743 | XX |  | XX | XX | TN | XX | 02/XX/2025 | XX |  | No | XX | XX | 1004 | 01/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1998371 | XX |  | XX | XX | GA | XX | 03/XX/2025 | XX | XX | No | XX | XX | 1004 | 02/XX/2025 | XX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |
| 1993211 | XX |  | XX | XX | MO | XX | 03/XX/2025 | XX | XX | No | XX | XX | 1025 | 03/XX/2025 | XX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1998369 | XX |  | XX | XX | GA | XX | 03/XX/2025 | XX | XX | No | XX | XX | 1004 | 02/XX/2025 | XX |  |  | Increasing |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1993214 | XX |  | XX | XX | CA | XX | 02/XX/2025 | XX | XX | No | XX | XX | 1004 | 02/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | -1.235% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1998382 | XX |  | XX | XX | CA | XX | 03/XX/2025 | XX |  | No | XX | XX | 1073 | 02/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |
| 1963125 | XX |  | XX | XX | CA | XX | 01/XX/2025 | XX |  | No | XX | XX | 1004 | 12/XX/2024 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 12/XX/2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1995624 | XX |  | XX | XX | SC | XX | 03/XX/2025 | XX | XX | No | XX | XX | 1004 | 02/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 |
| 1995610 | XX |  | XX | XX | IL | XX | 03/XX/2025 | XX |  | No | XX | XX | 1025 | 09/XX/2024 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 10/XX/2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1992367 | XX |  | XX | XX | FL | XX | 03/XX/2025 | XX |  | No | XX | XX | 1004 | 03/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1993134 | XX |  | XX | XX | CT | XX | 02/XX/2025 | XX |  | No | XX | XX | 1025 | 02/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1995628 | XX |  | XX | XX | CA | XX | 03/XX/2025 | XX |  | No | XX | XX | 1004 | 02/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 |
| 1988015 | XX |  | XX | XX | NJ | XX | 02/XX/2025 | XX |  | No | XX | XX | 1025 | 01/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 01/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1998381 | XX |  | XX | XX | MS | XX | 03/XX/2025 | XX | XX | No | XX | XX | 1004 | 02/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |
| 1998387 | XX |  | XX | XX | SC | XX | 03/XX/2025 | XX |  | No | XX | XX | 1025 | 03/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1998367 | XX |  | XX | XX | GA | XX | 03/XX/2025 | XX | XX | No | XX | XX | 1004 | 02/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1998402 | XX |  | XX | XX | MD | XX | 04/XX/2025 | XX |  | No | XX | XX | 1004 | 03/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1993227 | XX |  | XX | XX | NC | XX | 02/XX/2025 | XX |  | No | XX | XX | 1004 | 01/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 01/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1993221 | XX |  | XX | XX | NC | XX | 03/XX/2025 | XX |  | No | XX | XX | 1004 | 01/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 01/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1993158 | XX |  | XX | XX | TX | XX | 02/XX/2025 | XX |  | No | XX | XX | 1004 | 01/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 01/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1916127 | XX |  | XX | XX | CT | XX | 11/XX/2024 | XX | XX | No | XX | XX | 1025 | 10/XX/2024 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | -2.439% | XX |  | 10/XX/2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1916057 | XX |  | XX | XX | TN | XX | 11/XX/2024 | XX |  | No | XX | XX | 1004 | 10/XX/2024 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 11/XX/2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1995606 | XX |  | XX | XX | NC | XX | 03/XX/2025 | XX |  | No | XX | XX | 1004 | 02/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 |
| 1885359 | XX |  | XX | XX | FL | XX | 08/XX/2024 | XX |  | No | XX | XX | 1004 | 08/XX/2024 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 08/XX/2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1998379 | XX |  | XX | XX | NC | XX | 03/XX/2025 | XX |  | No | XX | XX | 1004 | 03/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |
| 1985744 | XX |  | XX | XX | TN | XX | 02/XX/2025 | XX |  | No | XX | XX | 1004 | 01/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1995619 | XX |  | XX | XX | IN | XX | 03/XX/2025 | XX |  | No | XX | XX | 1004 | 02/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1998404 | XX |  | XX | XX | NC | XX | 03/XX/2025 | XX |  | No | XX | XX | 1004 | 03/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |
| 1937327 | XX |  | XX | XX | OH | XX | 11/XX/2024 | XX |  | No | XX | XX | 1004 | 10/XX/2024 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 11/XX/2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1998403 | XX |  | XX | XX | TX | XX | 03/XX/2025 | XX |  | No | XX | XX | 1004 | 03/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 |
| 1998392 | XX |  | XX | XX | VA | XX | 03/XX/2025 | XX | XX | No | XX | XX | 1004 | 03/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 |
| 1916071 | XX |  | XX | XX | TN | XX | 11/XX/2024 | XX |  | No | XX | XX | 1004 | 10/XX/2024 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 10/XX/2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1995625 | XX |  | XX | XX | TX | XX | 03/XX/2025 | XX |  | No | XX | XX | 1004 | 03/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 |
| 1995618 | XX |  | XX | XX | FL | XX | 03/XX/2025 | XX |  | No | XX | XX | 1025 | 02/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1998378 | XX |  | XX | XX | GA | XX | 03/XX/2025 | XX | XX | No | XX | XX | 1004 | 02/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 |
| 1998359 | XX |  | XX | XX | NY | XX | 03/XX/2025 | XX | XX | No | XX | XX | 1004 | 01/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1995612 | XX |  | XX | XX | FL | XX | 03/XX/2025 | XX |  | No | XX | XX | 1025 | 02/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1998373 | XX |  | XX | XX | MD | XX | 03/XX/2025 | XX |  | No | XX | XX | 1025 | 02/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1998393 | XX |  | XX | XX | OK | XX | 03/XX/2025 | XX |  | No | XX | XX | 1004 | 01/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 01/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.4 |
| 1998398 | XX |  | XX | XX | FL | XX | 03/XX/2025 | XX |  | No | XX | XX | 1004 | 01/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 |
| 1964224 | XX |  | XX | XX | NC | XX | 01/XX/2025 | XX |  | No | XX | XX | 1004 | 12/XX/2024 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 01/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1995637 | XX |  | XX | XX | MD | XX | 03/XX/2025 | XX |  | No | XX | XX | 1004 | 02/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |
| 1998364 | XX |  | XX | XX | FL | XX | 03/XX/2025 | XX |  | No | XX | XX | 1025 | 09/XX/2024 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 09/XX/2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1998406 | XX |  | XX | XX | NC | XX | 03/XX/2025 | XX | XX | No | XX | XX | 1004 | 03/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | 2.712% | XX |  | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |
| 1996968 | XX |  | XX | XX | AR | XX | 02/XX/2025 | XX |  | No | XX | XX | 1004 | 02/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1993150 | XX |  | XX | XX | TX | XX | 02/XX/2025 | XX |  | No | XX | XX | 1004 | 02/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1916070 | XX |  | XX | XX | FL | XX | 11/XX/2024 | XX |  | No | XX | XX | 1004 | 10/XX/2024 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 10/XX/2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1998383 | XX |  | XX | XX | AZ | XX | 03/XX/2025 | XX |  | No | XX | XX | 1073 | 03/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |
| 1995640 | XX |  | XX | XX | SC | XX | 03/XX/2025 | XX |  | No | XX | XX | 1004 | 01/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 |
| 1985742 | XX |  | XX | XX | TN | XX | 02/XX/2025 | XX |  | No | XX | XX | 1004 | 01/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 02/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1993226 | XX |  | XX | XX | NC | XX | 02/XX/2025 | XX |  | No | XX | XX | 1004 | 01/XX/2025 | XX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX |  | 01/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.6

**Exhibit 99.6 Schedule 5**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan Id | **Loan Number** | **QM Status** | **ATR** | **Exempt Reason** | **TRID Flag** | **Bank Statement Flag** | **Business/Personal Bank Statement** | **Foreign National Flag** | **Bank Statement Months** | **Number of Units** | **Lease In Place Indicator** | **Short Term Rental indicator** | **Title Vesting Type** | **Entity Name** | **Guarantee** | **Recourse** | **AUS/GSE Eligible Flag** | **Non-QM DocType Flag** | **Non-QM DTI Flag** | **Non-QM Points and Fees Flag** | **Non-QM Appendix Q Flag** | **Non-QM IO Flag** | **Non-QM Investment Property Exemption Flag** | **Non-QM Business Purpose / Foreign National** | **Non-QM Loan Term Exceeds 30 yrs** | **Primary Borrower Retired Flag** | **Co-Borrower Retired Flag** | **State of Formation** | **Length of Self-Employment** | **Co-Borrower Length of Self-Employment** | **Qualifying Rent** | **Rent from Lease** | **Rent from Market Survey** | **Business Expense-to-Income Ratio** | **Source of Business Expense-to-Income Ratio** | **Third Party Preparer** | **Debt Service Coverage Ratio (DSCR)** | **Rent Source** | **DSCR PITIA** | **Residual Income** | **Borr 1 - Income Qual Months Personal Bank Statements** | **Borr 1 - Income Qual Months Business Bank Statements** | **Borr 1 - Income Qual Years W2** | **Borr 1 - Income Qual Years Tax Returns** | **Borr 1 - Income Qual WVOE Months** | **Borr 1 - Income Qual PNL Letter** | **Borr 1 - Income Qual CPA Letter** | **Borr 1 - Income Qual Number Paystubs** | **Borr 2 - Income Qual Months Personal Bank Statements** | **Borr 2 - Income Qual Months Business Bank Statements** | **Borr 2 - Income Qual Years W2** | **Borr 2 - Income Qual Years Tax Returns** | **Borr 2 - Income Qual WVOE Months** | **Borr 2 - Income Qual PNL Letter** | **Borr 2 - Income Qual CPA Letter** | **Borr 2 - Income Qual Number Paystubs** |
| 1985744 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | DE | 0 | 0 | 2045 | 2045 | 2150 |  |  |  | 1.001 | Lease | 2042.18 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1985743 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | DE | 0 | 0 | 1795 | 1795 | 2150 |  |  |  | 1 | Lease | 1794.12 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1985742 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | DE | 0 | 0 | 1995 | 1995 | 2150 |  |  |  | 1.014 | Lease | 1967.87 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1993227 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | NC | 0 | 0 | 1395 | 1395 | 1500 |  |  |  | 1.114 | Lease | 1251.8377 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1993221 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | NC | 0 | 0 | 1325 | 1325 | 1400 |  |  |  | 1.51 | Lease | 877.21 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1993226 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | NC | 0 | 0 | 1035 | 1035 | 1400 |  |  |  | 1.14 | Lease | 907.74 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1993210 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 1 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | TX | 0 | 0 | 5685 | 5685 | 3600 |  |  |  | 1.329 | Short Term Rental | 4277.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1993214 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 1 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | WA | 0 | 0 | 6195 |  |  |  |  |  | 1.084 | Short Term Rental | 5714.74 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1993211 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 2 | 0 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | MO | 0 | 0 | 2400 |  | 2400 |  |  |  | 1.445 | Market Survey | 1660.9915 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1885359 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | FL | 0 | 0 | 2190 | 2190 | 2200 |  |  |  | 1.107 | Lease | 1977.59 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1916070 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | FL | 2 | 0 | 1525 | 1525 | 1550 |  |  |  | 1.578 | Lease | 966.12 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1916071 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | TN | 0 | 0 | 850 | 850 | 900 |  |  |  | 1.052 | Lease | 808.0967 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1916057 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | TN | 0 | 0 | 950 |  | 950 |  |  |  | 1.246 | Market Survey | 762.51 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1916049 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | Corporation | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | FL | 0 | 0 | 2750 | 2750 | 3100 |  |  |  | 1.398 | Lease | 1967.21 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1916127 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 4 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | CT | 0 | 0 | 5390 | 4900 | 6400 |  |  |  | 1.079 | Lease | 4997.6283 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1937327 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 1 |  | 1 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 1 | 0 | 0 | 0 | OH | 0 | 0 | 1900 | 1900 | 1815 |  |  |  | 1.304 | Lease | 1457.5767 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1964233 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 0 | 0 | 0 | AL | 0 | 0 | 1700 |  | 1700 |  |  |  | 1.055 | Market Survey | 1611.185 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1964200 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | TN | 0 | 0 | 2000 | 2000 | 2150 |  |  |  | 1.515 | Lease | 1319.9641 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1964258 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | WY | 0 | 0 | 1250 | 1400 | 1250 |  |  |  | 1.347 | Market Survey | 928.23 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1964224 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 1 |  | 1 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 1 | 0 | 0 | 0 | NC | 0 | 0 | 1700 | 1700 | 1700 |  |  |  | 1.303 | Lease | 1304.8691 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1993160 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 2 | 0 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | NY | 0 | 0 | 3500 |  | 3500 |  |  |  | 1.05 | Market Survey | 3333.3283 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1993158 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | TX | 0 | 0 | 2395 |  | 2395 |  |  |  | 1.35 | Market Survey | 1774.58 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1993150 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | TX | 0 | 0 | 1695 | 1695 | 1700 |  |  |  | 1.05 | Lease | 1614.285 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1993134 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 3 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | CT | 0 | 0 | 3400 | 3635 | 3400 |  |  |  | 2.244 | Market Survey | 1515.2834 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1996968 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | Corporation | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 0 | 0 | 0 | TX | 0 | 0 | 3250 | 3250 | 3250 |  |  |  | 1.294 | Market Survey | 2512.29 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1963090 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | VA | 0 | 0 | 1900 | 2045 | 1900 |  |  |  | 1.006 | Market Survey | 1889.33 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1971807 | XX | Non-QM Verified | N/A |  | 1 | 0 |  | 0 |  | 1 | 0 | 0 | Individual |  | No |  | 0 | 1 | 1 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 0 |  |  |  |  |  |  |  |  |  |  | 2142.03 | 0 | 0 | 2 | 0 | 34 | 0 | 0 | 1 |  |  |  |  |  |  |  |  |
| 1963125 | XX | Non-QM Verified | N/A |  | 1 | 1 | Personal | 0 | 24 | 2 | 0 | 0 | Individual |  | No |  | 0 | 1 | 1 | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 3 | 0 | 2625 |  | 3500 | 35 | Profit and Loss Statement |  |  | Market Survey |  | 13309.17 | 24 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 4 |
| 1985162 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 1 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | FL | 0 | 0 | 2603.91 |  | 2603.91 |  |  |  | 1.044 | Short Term Rental | 2494.85 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1995606 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | NC | 0 | 0 | 2600 | 2600 | 2600 |  |  |  | 1.316 | Lease | 1975.68 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1998359 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 0 | Individual |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | 5500 |  | 5500 |  |  |  | 2.819 | Market Survey | 1950.96 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |  |  |  |  |  |  |  |  |
| 1998358 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 1 | 0 | 0 | TX | 0 | 0 | 2300 | 2300 | 1800 |  |  |  | 1.201 | Lease | 1914.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1998362 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 0 | Corporation | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 1 | 0 | 0 | GA | 0 | 0 | 4140 |  | 4140 |  |  |  | 1.002 | Market Survey | 4130.87 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1992337 | XX | Non-QM Verified | N/A |  | 1 | 0 |  | 0 |  | 1 | 0 | 0 | Individual |  | No |  | 0 | 1 | 1 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 24 |  |  |  |  |  |  |  |  |  |  | 16895.13 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |  |  |  |  |  |  |  |  |
| 1968389 | XX | Non-QM Verified | N/A |  | 1 | 0 |  | 0 |  | 1 | 0 | 0 | Individual |  | No |  | 0 | 1 | 1 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | 0 |  |  |  |  |  |  |  |  |  |  | 5446.43 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 3 |  |  |  |  |  |  |  |  |
| 1995610 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 2 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | IL | 0 | 0 | 3260 | 3260 | 3200 |  |  |  | 1.001 | Lease | 3258.13 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1998364 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 2 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | FL | 0 | 0 | 5300 | 5300 | 5750 |  |  |  | 1.464 | Lease | 3621.34 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1995608 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | PA | 0 | 0 | 2000 | 2000 | 2000 |  |  |  | 1.463 | Market Survey | 1366.99 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1995612 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 2 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | FL | 0 | 0 | 3290 | 3290 | 3400 |  |  |  | 1.5 | Lease | 2193.91 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1995618 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 2 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | FL | 0 | 0 | 3400 | 3250 | 3400 |  |  |  | 1.535 | Market Survey | 2214.57 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1998370 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 1 | 0 | 0 | GA | 0 | 0 | 2050 |  | 2050 |  |  |  | 1.097 | Market Survey | 1869.32 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1998371 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 1 | 0 | 0 | GA | 0 | 0 | 2050 |  | 2050 |  |  |  | 1.096 | Market Survey | 1869.74 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1998368 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 1 | 0 | 0 | GA | 0 | 0 | 2020 |  | 2020 |  |  |  | 1.08 | Market Survey | 1869.74 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1998367 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 1 | 0 | 0 | GA | 0 | 0 | 2050 |  | 2050 |  |  |  | 1.096 | Market Survey | 1869.74 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1998369 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 1 | 0 | 0 | GA | 0 | 0 | 2050 |  | 2050 |  |  |  | 1.096 | Market Survey | 1869.74 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1995619 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 1 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | IN | 0 | 0 | 1350 |  | 1350 |  |  |  | 1.429 | Market Survey | 944.85 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1995623 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | CA | 0 | 0 | 2000 |  | 2000 |  |  |  | 1.001 | Market Survey | 1997.23 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1998377 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | Individual |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | 3500 | 3500 | 3500 |  |  |  | 1.202 | Lease | 2910.69 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |  |  |  |  |  |  |  |  |
| 1995624 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 0 | Individual |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 |  | 0 | 0 | 17500 |  | 17500 |  |  |  | 1.937 | Market Survey | 9035.18 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1998373 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 2 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | MD | 0 | 0 | 3700 | 3700 | 3700 |  |  |  | 2.002 | Lease | 1847.82 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1995625 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | TX | 0 | 0 | 1875 | 1875 | 1850 |  |  |  | 1.007 | Lease | 1861.72 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1995622 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | FL | 0 | 0 | 3400 |  | 3400 |  |  |  | 1.475 | Market Survey | 2305.29 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1998378 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 0 | Individual |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | 3500 |  | 3500 |  |  |  | 0.849 | Market Survey | 4122.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |  |  |  |  |  |  |  |  |
| 1995630 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 3 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | FL | 0 | 0 | 10000 | 2200 | 10000 |  |  |  | 1.804 | Market Survey | 5543.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1989459 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | Individual |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | 3100 | 3100 | 2700 |  |  |  | 1.01 | Lease | 3069.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |  |  |  |  |  |  |  |  |
| 1995628 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | Individual |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | 6800 |  | 7500 |  |  |  | 2.225 | Market Survey | 3056.63 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |  |  |  |  |  |  |  |  |
| 1998383 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 0 | Individual |  | No |  | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 1 | 0 |  |  | 0 |  | 1375 |  | 1375 |  |  |  | 1.014 | Market Survey | 1356.21 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |  |  |  |  |  |  |  |  |
| 1998381 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | MS | 0 | 0 | 1530 |  | 1530 |  |  |  | 1.05 | Market Survey | 1456.85 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1998382 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | CA | 0 | 0 | 3400 | 3400 | 3500 |  |  |  | 0.968 | Lease | 3511.51 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1998379 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | MD | 0 | 0 | 2000 | 2000 | 1850 |  |  |  | 1.003 | Lease | 1994.89 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1992367 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 0 | Individual |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | 1700 |  | 1700 |  |  |  | 1.014 | Market Survey | 1677.13 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |  |  |  |  |  |  |  |  |
| 1998386 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 0 | Individual |  | No |  | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 1 | 0 |  |  | 0 |  | 8200 |  | 8200 |  |  |  | 1.019 | Market Survey | 8049.23 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |  |  |  |  |  |  |  |  |
| 1995633 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | Individual |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | 1775 | 1775 | 1800 |  |  |  | 1.276 | Lease | 1391.07 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |  |  |  |  |  |  |  |  |
| 1998387 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 2 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | SC | 0 | 0 | 1600 | 1600 | 1600 |  |  |  | 1.608 | Market Survey | 995.27 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1995632 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 2 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | NJ | 0 | 0 | 3789 | 3789 | 4000 |  |  |  | 1.011 | Lease | 3747.64 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1998390 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | SC | 0 | 0 | 1000 |  | 1000 |  |  |  | 1.215 | Market Survey | 822.83 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1998392 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 0 | Corporation | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | VA | 0 | 0 | 3023 |  | 3023 |  |  |  | 1.003 | Market Survey | 3015.05 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1998393 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | OK | 0 | 0 | 1600 | 1600 | 1600 |  |  |  | 1.599 | Market Survey | 1000.32 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1995637 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 0 | Individual |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | 2300 |  | 2300 |  |  |  | 1.472 | Market Survey | 1562.26 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |  |  |  |  |  |  |  |  |
| 1995640 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | SC | 0 | 0 | 5000 |  | 5000 |  |  |  | 1.528 | Market Survey | 3272.86 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1995641 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | MD | 0 | 0 | 4000 |  | 4000 |  |  |  | 1.363 | Market Survey | 2934.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1998398 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | FL | 0 | 0 | 3000 | 3000 | 2750 |  |  |  | 1.007 | Lease | 2977.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1998402 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | MD | 0 | 0 | 4900 |  | 4900 |  |  |  | 1.021 | Market Survey | 4797.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1998397 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | Individual |  | No |  | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 |  |  | 0 |  | 2650 | 2650 | 2650 |  |  |  | 1.111 | Lease | 2386.14 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |  |  |  |  |  |  |  |  |
| 1998404 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 1 | 1 | 0 | 1 | 0 | 0 | NC | 0 | 0 | 2300 | 2200 | 2300 |  |  |  | 1.137 | Market Survey | 2023.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1998406 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | NC | 0 | 0 | 1750 |  | 1750 |  |  |  | 1.111 | Market Survey | 1575.82 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1998403 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 1 | 0 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 0 | 0 | 0 | TX | 0 | 0 | 3000 |  | 3000 |  |  |  | 1.435 | Market Survey | 2090.75 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1988015 | XX | GQM Exempt - Business Purpose | N/A |  | 0 | 0 |  | 0 |  | 2 | 1 | 0 | LLC | XX | Yes | Full Recourse | 0 | 1 | 0 | 0 |  | 0 | 1 | 0 | 1 | 0 | 0 | NJ | 0 | 0 | 6200 | 6200 | 6400 |  |  |  | 1.513 | Lease | 4096.87 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

---

## Exhibit 99.7

**Exhibit 99.7**

![](ex99-7_001.jpg)

NRMLT 2025-NQM4

Rithm Capital Corp.

## Opus Capital Markets Consultants, LLC
300 Tri-State International – Suite 320 \| Lincolnshire, IL 60069 \| <u>www.opuscmc.com</u> \| 224.632.1300

**Executive Narrative**

**June 30, 2025**

**Performed by** 

**Opus Capital Markets Consultants, LLC**

**For** 

**Rithm Capital Corp.**

The report summarizes the results of a due diligence review performed on a pool of 5 loans, of which was purchased by Rithm Capital Corp. ("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 credit review of all loans.

As detailed herein, the pool contains 2 DSCR loans and 3 Non-QM loans and was 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**

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.<br>

**b) Closing Docs**

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· Loan Estimate: If required verify the presence of the current Loan Estimate
(LE) at the time of origination

&nbsp;&nbsp;&nbsp;&nbsp;· Closing
Disclosure: If required verify the presence of the current Closing Disclosure (CD) at the time of origination.<br>

**c) Credit Docs**

<br> &nbsp;&nbsp;&nbsp;&nbsp;· Loan Application: Verify the presence and completeness of both the initial
and final loan applications.

&nbsp;&nbsp;&nbsp;&nbsp;· Underwriting Worksheet: Verify the presence of the relative underwriting
worksheet i.e. form 1008, FHA MCAW and VA's Loan Analysis.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· Asset Documentation: Verify the presence of asset documentation required
by the Client provided underwriting guidelines in the loan file.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· 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).

&nbsp;&nbsp;&nbsp;&nbsp;&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;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;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;

<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;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;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;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;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;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.<br>

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:

&nbsp;&nbsp;&nbsp;&nbsp;· 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"

&nbsp;&nbsp;&nbsp;&nbsp;· 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

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· 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)**

&nbsp;&nbsp;&nbsp;&nbsp;· 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).

&nbsp;&nbsp;&nbsp;&nbsp;· 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)?

&nbsp;&nbsp;&nbsp;&nbsp;· 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)**

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· 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** **<br>** 

<br> 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.<br>

&nbsp;&nbsp;&nbsp;&nbsp;· Arkansas Home Loan Protection Act, Ark. Stat. Ann. § 23-53-101 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· California Anti-Predatory Lending Statute, Cal. Fin. Code § 4970 et
seq.

&nbsp;&nbsp;&nbsp;&nbsp;· California Higher-Priced Mortgage Loan Statute, Cal. Fin. Code §4995
et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Colorado Consumer Equity Protection Act, Colo, Rev. Stat.
§ 5-3.5-101 et seq. .

&nbsp;&nbsp;&nbsp;&nbsp;· Connecticut Abusive Home Loan Lending Practices Act, Conn. Stat. Ann. §36a-
746 et seq., as amended from time to time.

&nbsp;&nbsp;&nbsp;&nbsp;· Connecticut Nonprime Home Loans Statute, Conn. Gen. Stat. §§ 36a-760
et seq. (as originally enacted and as amended by Senate Bill 949).

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· Florida Fair Lending Act, Fla. Stat. Ann. § 494.0078 et seq. (for loans
closed before July 1, 2014).

&nbsp;&nbsp;&nbsp;&nbsp;· 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).

&nbsp;&nbsp;&nbsp;&nbsp;· Idaho Residential Mortgage Practices Act, Idaho Code § 26-3101 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Illinois High Risk Home Loan Regulations, 38 Ill. Admin. Code §345.10
et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· Illinois Predatory Lending Database Program, Public Act 95-0691 (SB 1167).

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· Cook County, Illinois, Anti-Predatory Lending Ordinance, Cook County Code
of Ordinances § 34-341.

&nbsp;&nbsp;&nbsp;&nbsp;· Cook County, Illinois, Anti-Predatory Lending Pilot Program, Illinois House
Bill 4050 (2005).

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

&nbsp;&nbsp;&nbsp;&nbsp;· Section 16a-3-308a of the Kansas Consumer Credit Code, Kan. Stat. Ann. §16a.101
et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Kansas Consumer Credit Code

&nbsp;&nbsp;&nbsp;&nbsp;· Kentucky Anti-Predatory Lending Statute, Ky. Rev. Stat. § 360.100 et
seq.

&nbsp;&nbsp;&nbsp;&nbsp;· 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).

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· Maryland Commercial Law, Md. Code Ann., Com. Law §§ 12-124.1;
12-127; 12- 409.1; 12-1029.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· Massachusetts High-Cost Mortgage Regulations, 209 CMR Parts 32 and 40, as
amended from time to time.

&nbsp;&nbsp;&nbsp;&nbsp;· Massachusetts Predatory Home Loan Practices Act, M.G.L. Chapter 183C, §§
1 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Massachusetts "Borrower's Interest" Standard, M.G.L. Chapter
183, §28C.

&nbsp;&nbsp;&nbsp;&nbsp;· Massachusetts Mortgage Lender and Broker Regulations, 940 CMR §800
(15-17).

&nbsp;&nbsp;&nbsp;&nbsp;· Massachusetts Regulations for Higher Priced Mortgage Loans, 209 CMR §§
32.00 et.seq., as amended from time to time.

&nbsp;&nbsp;&nbsp;&nbsp;· Massachusetts Subprime ARMs to First Time Homebuyers, M.G.L. Chapter 184,
§17B.5.

&nbsp;&nbsp;&nbsp;&nbsp;· Michigan Consumer Mortgage Protection Act, Mich. Stat. Ann.
§ 445-1631 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· 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).

&nbsp;&nbsp;&nbsp;&nbsp;· Nebraska Mortgage Bankers Registration and Licensing Act, Neb. Stat §
45-702 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· New
Jersey Home Ownership Security Act of 2002, NJ Stat. Ann. § C:46:10B-22 et seq., as amended from time to time.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· New York High-Cost Home Loan Regulations, 3 NYCCR Part 41 (2001).

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· New York Subprime Home Loans Statute, NY Bank. Law § 6-m.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· Ohio Anti-Predatory Lending Statute, HB 386 as amended by Senate Bill 185
(2006), and as codified in various sections of the Ohio Code.

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

&nbsp;&nbsp;&nbsp;&nbsp;· City of Cleveland Heights, Ohio, Anti-Predatory Lending
Ordinance, Ordinance No.
72-2003 (PSH), Mun. Code §§ 757.01 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Summit County, Ohio, Anti-Predatory Lending Ordinance, Ordinance No. 2004-618,
Muni. Code §§ 201.01 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Oklahoma Anti-Predatory Lending Law, House Bill No. 1574 (2003), as codified
in various sections of Title 14A of the Oklahoma Consumer Credit Code.

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

&nbsp;&nbsp;&nbsp;&nbsp;· Pennsylvania Consumer Equity Protection Act, 63 Pa. Cons. Stat. Ann. §
456.501 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· 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).

&nbsp;&nbsp;&nbsp;&nbsp;· City of Providence, Rhode Island, Anti-Predatory Lending Ordinance, Chapter
2006-33, Ordinance No. 245.

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

&nbsp;&nbsp;&nbsp;&nbsp;· Tennessee Home Loan Protection Act, Tenn. H.R. 3597 (2006), as codified
at Tenn. Code Ann. §§ 45-20-101 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Texas High-Cost Home Loan Statute, Tx. Fin. Code Ann. § 343.201 et
seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Section 50(a)(6), Article XVI of the Texas Constitution

&nbsp;&nbsp;&nbsp;&nbsp;· Section 50(f)(2), Article XVI of the Texas Constitution

&nbsp;&nbsp;&nbsp;&nbsp;· Utah Residential Mortgage Practices Amendments, Utah Code Ann. § 61-2c-102
et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Utah High-Cost Home Loan Act, Utah Code § 61-2d-101 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Vermont Interest Act, 9 V.S.A. § 104, implemented by Regulation B-98-2.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· Virginia Senate Bill 797 (2008), effective July 1, 2008 (uncodified).

&nbsp;&nbsp;&nbsp;&nbsp;· Washington House Bill 2770, Mortgage Lending Ownership

&nbsp;&nbsp;&nbsp;&nbsp;· West Virginia Residential Mortgage Lender, Broker and Servicer
Act, W.Va. Code § 31-17 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Wisconsin Responsible High-Cost Mortgage Lending Act, Wis. Stat. §
428.202, as implemented by Wis. Admin. Code DFI-Bkg 46.01 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· 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

&nbsp;&nbsp;&nbsp;&nbsp;· Loan is an extension of credit primarily for business, commercial or agricultural
purposes

&nbsp;&nbsp;&nbsp;&nbsp;· 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

&nbsp;&nbsp;&nbsp;&nbsp;· 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** **<br>** 

<br> Validate that fraud reports and independent third-party property valuations reports are in the file. The review will consist of the following:<br>

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:<br>

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· Alerts: Assess credit report alerts for accuracy and potential issues.

&nbsp;&nbsp;&nbsp;&nbsp;· Social Security Numbers: Compare SSN(s) across all file documents.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· Data Consistency: Review the documents contained in the loan file for consistency
of data.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.<br>

**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.

&nbsp;&nbsp;&nbsp;&nbsp;· Property is complete

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· Property is described in average or better condition

&nbsp;&nbsp;&nbsp;&nbsp;· No apparent appraiser independence violation statements

&nbsp;&nbsp;&nbsp;&nbsp;· Appraisal addresses any adverse comments

&nbsp;&nbsp;&nbsp;&nbsp;· Appraisal is completed on appropriate GSE Forms

&nbsp;&nbsp;&nbsp;&nbsp;· Appraisal contains required attachments.

&nbsp;&nbsp;&nbsp;&nbsp;· 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

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· Opus is not an Appraisal Management Company ("AMC") and therefore
does not opine on the actual value of the underlying property.

&nbsp;&nbsp;&nbsp;&nbsp;· 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:

&nbsp;&nbsp;&nbsp;&nbsp;· No apparent damage to the property

&nbsp;&nbsp;&nbsp;&nbsp;· Property appears to be occupied

**Data Compare** **<br>** 

<br> 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<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Appraised Value

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· CLTV

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· DTI

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· FICO

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Interest Only

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Interest Rate

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Loan Term

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Loan Purpose

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· LTV

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Occupancy

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Original Balance

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Property Address

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Property City

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Property State

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Property Type

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Sales Price

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Second Mortgage Lien Amount

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Self Employed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Units

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Zip Code

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Loan Type

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· QM Status

**Rating Agency Grading Criteria** **<br>** 

<br> **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.<br>

**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.<br>

**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.<br>

**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.<br>

**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** **<br>** 

<br> 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:<br>

**Opus Credit Grades<br>** 

<br> &nbsp;&nbsp;&nbsp;&nbsp;· Level 1 Credit Grade Definition: Loan was originated in accordance with
the mortgage loan originator underwriting guidelines without exception.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.<br>

**Opus Property Grades<br>** 

<br> &nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.<br>

**Opus Compliance Grades**<br>

&nbsp;&nbsp;&nbsp;&nbsp;· Level 1 Compliance Grade Definition: Loan complies with all applicable laws
and regulations reviewed under the applicable scope of work.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· 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** **<br>** 

<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Borrower Name

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Co-Borrower Name

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· SSNs

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Property Address, City, County, MSA, Zip

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Mailing Address

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Account Number, including Originator and Servicer Loan Number

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Origination Date

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Names of Borrowers or any other Individuals

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Company and Entity Names

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Financial Institution Names

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Job Position Titles

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Any Address

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Any Location Information (other than state), including City, County, MSA
and Zip

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Account Numbers of any type

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Insurance Claim Numbers

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Insurance Policy Numbers

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Foreclosure Action dates and Case Numbers

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Bankruptcy Action dates and Case Numbers

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· 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:** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Borrower Liquidity:** Review and confirm borrower's liquidity position adheres to Underwriting
Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Credit / Background Check:** Review and confirm each guarantor and/or owner of the borrowing entity
requirements meet Underwriting Guidelines, including OFAC.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Property management questionnaire:** Review the questionnaire to confirm management experience
meets Underwriting Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **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).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Loan-to-Value (LTV)/Loan-to-Cost (LTC) Limits:** Confirm the LTV/LTC meets Underwriting Guidelines
per Underwriting Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Permitted Loan Terms:** Confirm the loan terms are eligible per the Underwriting Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Property Requirements and Market Requirements:** Confirm the loan Property and Market Requirements
are eligible per

the Underwriting Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Condominium Eligibility:** Confirm Condo Master Policy is present and meets the Underwriting Guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Property Insurance:** Confirm each mortgaged property has a policy in place and proper coverage
amount in adherence to the Underwriting Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **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**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Loan Application: Verify the presence and completeness of both the initial and final loan applications.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Asset Documentation: Verify the presence of asset documentation required by the Client provided underwriting
guidelines in the loan file.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· 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**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· No compliance testing for the DSCR review.

**<u>Pool Details</u>**

---

| | | |
|:---|:---|:---|
| **Loan Type** | **Loan Type** | **Loan Type** |
| Type | Count | % of Pool |
| Non-Conforming | 5 | 100.00% |
| Conforming-GSE Eligible | 0 | 0.00% |
| Total | 5 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Interest Rate** | **Interest Rate** | **Interest Rate** |
| Type | Count | % of Pool |
| 5.000 - 5.499 | 0 | 0.00% |
| 5.500 - 5.999 | 0 | 0.00% |
| 6.000 - 6.499 | 0 | 0.00% |
| 6.500 - 6.999 | 1 | 20.00% |
| 7.000 - 7.499 | 1 | 20.00% |
| 7.500 - 7.999 | 1 | 20.00% |
| 8.000 - 8.499 | 2 | 40.00% |
| 8.500 - 8.999 | 0 | 0.00% |
| 9.000 - 9.499 | 0 | 0.00% |
| Total | 5 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Purpose** | **Purpose** | **Purpose** |
| Type | Count | % of Pool |
| Cash out Refi | 2 | 40.00% |
| Purchase | 3 | 60.00% |
| Rate / Term Refi | 0 | 0.00% |
| Total | 5 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Product Type** | **Product Type** | **Product Type** |
| Type | Count | % of Pool |
| Fixed | 5 | 100.00% |
| ARM | 0 | 0.00% |
| Total | 5 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Occupancy** | **Occupancy** | **Occupancy** |
| Type | Count | % of Pool |
| Primary Residence | 3 | 60.00% |
| Second Home | 0 | 0.00% |
| Investment Property | 2 | 40.00% |
| Total | 5 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Property Type** | **Property Type** | **Property Type** |
| Type | Count | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;% of Pool |
| Single Family Detached | 4 | 80.00% |
| Co-op | 0 | 0.00% |
| Condo, Low Rise | 0 | 0.00% |
| Condo, High Rise | 0 | 0.00% |
| PUD | 0 | 0.00% |
| 1 Family Attached | 0 | 0.00% |
| 2 Family | 0 | 0.00% |
| 3 Family | 1 | 20.00% |
| 4 Family | 0 | 0.00% |
| Total | 5 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **DTI** | **DTI** | **DTI** |
| Type | Count | % of Pool |
| 0.00-20.00 | 3 | 60.00% |
| 20.01-30.00 | 1 | 20.00% |
| 30.01-40.00 | 0 | 0.00% |
| 40.01-45.00 | 1 | 20.00% |
| 45.01-50.00 | 0 | 0.00% |
| Total | 5 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **QM Type** | **QM Type** | **QM Type** |
| Type | Count | % of Pool |
| QM/Non-HPML | 0 | 0.00% |
| QM/Agency Safe Harbor | 0 | 0.00% |
| Non-QM: Lender documented all ATR UW<br> factors | <br> 3 | <br> 60.00% |
| ATR/QM: Exempt | 2 | 40.00% |
| Total | 5 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **LTV** | **LTV** | **LTV** |
| Type | Count | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;% of Pool |
| &nbsp;&nbsp;0.00-30.00 | 0 | 0.00% |
| 30.01-40.00 | 0 | 0.00% |
| 40.01-50.00 | 0 | 0.00% |
| 50.01-60.00 | 1 | 20.00% |
| 60.01-70.00 | 1 | 20.00% |
| 70.01-80.00 | 3 | 60.00% |
| 80.01-90.00 | 0 | 0.00% |
| Total | 5 | 100.00% |

---

**<u>Tape Discrepancies</u>**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Data Element** | &nbsp;&nbsp;**Count** | &nbsp;&nbsp;**Accuracy** |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;2 | &nbsp;&nbsp;60.00% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;1 | &nbsp;&nbsp;80.00% |
| &nbsp;&nbsp;**Total Loan Population** | &nbsp;&nbsp;**5** |  |

---

**Multiple Loans to One Borrower:** TPR firm reviewed common identifiers for all loans in the population and confirmed there were no obligors with multiple loans in the pool.

**<u>Loan Grading Definitions</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>**

---

| | | | | |
|:---|:---|:---|:---|:---|
| &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 initial and final loan securitization and event grades assigned to the final reviewed loan pool and reported in the Agency Grading Report dated June 24, 2025.

---

| | | |
|:---|:---|:---|
| **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;5 | &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% |
| **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;5 | &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% |
| **Credit 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;5 | &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% |
| **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;5 | &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% |

---

---

| | | |
|:---|:---|:---|
| **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;4 | &nbsp;&nbsp;80.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;20.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| **Compliance Grade Summary** |  |  |
| &nbsp;&nbsp;**S&P NRSRO Grade** | &nbsp;&nbsp;**# of<br> Loans** | &nbsp;&nbsp;**% of<br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;5 | &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% |
| **Credit Grade Summary** |  |  |
| &nbsp;&nbsp;**S&P NRSRO Grade** | &nbsp;&nbsp;**# of<br> Loans** | &nbsp;&nbsp;**% of<br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;5 | &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% |
| **Property Grade Summary** |  |  |
| &nbsp;&nbsp;**S&P NRSRO Grade** | &nbsp;&nbsp;**# of<br> Loans** | &nbsp;&nbsp;**% of<br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;4 | &nbsp;&nbsp;80.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;20.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

**<u>Loans Reviewed (5)</u>**

---

| |
|:---|
| &nbsp;&nbsp;RT250118857 |
| &nbsp;&nbsp;WS250118908 |
| &nbsp;&nbsp;WS250219030 |
| &nbsp;&nbsp;WS250219238 |
| &nbsp;&nbsp;WS241017944 |

---

If you have any questions, please contact Uriah Clavier at Uriah.Clavier@opuscmc.com

## Exhibit 99.7

**Exhibit 99.7 Schedule 1**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan Id | **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraisal Type** | **Primary Appraised Value** | **Value for LTV** | **LTV** | **CLTV** | **Primary Appraisal Date** | **Loan Reviewed Product Type** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **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** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Loan Collateral Advisor Risk Score Date** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Collateral Underwriter Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** |
| 1982683 | XX |  |  | XX | XX |  | 0 | 1004 URAR | XX | XX | 53.33 | 53.33 | 01-XX-2025 | Desk Review | XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0 | .0000 | XX | Moderate | 02-XX-2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 02-XX-2025 |  | 3 |
| 1996167 | XX |  |  | XX | XX | XX | 0 | 1004 URAR | XX | XX | 75.0 | 75.0 | 02-XX-2025 | Collateral Underwriter (CU) | XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 02-XX-2025 |  | 1 |
| 1996165 | XX |  |  | XX | XX | XX | 0 | 1004 URAR | XX | XX | 80.0 | 80.0 | 02-XX-2025 | Collateral Underwriter (CU) | XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 02-XX-2025 |  | 1 |
| 1996159 | XX |  |  | XX | XX | XX | 0 | 1004 URAR | XX | XX | 75.0 | 75.0 | 03-XX-2025 | AVE/CMA | XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0 |  |  |  |  |  | .0000 | XX | 03-XX-2025 |  |  |  |  |  |  |  |  |  |  |  |
| 1996158 | XX |  |  | XX | XX |  | 0 | 1025 Small Residential Income Report | XX | XX | 67.31 | 67.31 | 11-XX-2024 | AVE/CMA | XX | 0 | .0000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0 |  |  |  |  |  | .0000 | XX | 01-XX-2025 |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.7

**Exhibit 99.7 Schedule 2**

---

| | | | | |
|:---|:---|:---|:---|:---|
| Loan Id | **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| 1982683 | XX |  |  | XX A B |
| 1996167 | XX |  |  | XX D A |
| 1996165 | XX |  |  | XX C A |
| 1996159 | XX |  |  | XX A |
| 1996158 | XX |  |  | XX A |

---

## Exhibit 99.7

**Exhibit 99.7 Schedule 3**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan Id | **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Seller Name** | **Loan Program** | **Documentation Type** | **Executed NOO Docs in File** | **Lease In Place Flag** | **Actual In Place Rent** | **Third Party Market Rent Estimate** | **Third Party Rent Source** | **Actual Short Term Rent Amount** | **Actual Short Term Rent Source** | **Short Term Rent Number of Months** | **Short Term Rental Occupancy Factor** | **Rental Income Used for Property DSCR Calculation** | **Rental Source for Property DSCR Calculation** | **DSCR Calculation Based On Short Rental Income Flag** | **Property DTI** | **Originator DSCR** | **TPR DSCR** | **PITIA** | **Gross Rental Income Unit 1** | **Lease End Date Unit 1** | **Lease Term Unit 1** | **Gross Rental Income Unit 2** | **Lease End Date Unit 2** | **Lease Term Unit 2** | **Gross Rental Income Unit 3** | **Lease End Date Unit 3** | **Lease Term Unit 3** | **Gross Rental Income Unit 4** | **Lease End Date Unit 4** | **Lease Term Unit 4** | **Gross Rental Income Unit 5** | **Lease End Date Unit 5** | **Lease Term Unit 5** | **Gross Rental Income Unit 6** | **Lease End Date Unit 6** | **Lease Term Unit 6** | **Gross Rental Income Unit 7** | **Lease End Date Unit 7** | **Lease Term Unit 7** | **Gross Rental Income Unit 8+** | **Rent Loss Insurance** | **Rent Loss Insurance Amount** | **Fee Amount** | **Acquisition Cost** | **Renovation Cost** | **Effective Gross Income** | **Turnover Costs** | **Repairs and Maintenance** | **Marketing and Leasing Costs** | **Utilities** | **Other Costs** | **Cap Ex Reserve** | **Section 8** | **Blanket Mortgage/Cross Collateral Flag** | **Number of Years Property Owned** | **Number of Mortgaged Properties With Lender** | **Number of Properties Securing Loan** | **Foreign National Alternative Credit Documentation** | **Months Reserves** | **Loan Closed in the name of Business Entity** | **Vested Business Entity Name** | **Vested Business Entity Type** | **Qualifying Primary Borrower Type** | **Qualifying Primary Borrower First Name** | **Qualifying Primary Borrower Last Name** | **Qualifying CoBorrower Type** | **Qualifying CoBorrower First Name** | **Qualifying CoBorrower Last Name** | **Qualifying CoBorrower 2 Type** | **Qualifying CoBorrower 2 First Name** | **Qualifying CoBorrower 2 Last Name** | **Qualifying CoBorrower 3 Type** | **Qualifying CoBorrower 3 First Name** | **Qualifying CoBorrower 3 Last Name** | **Non-Qualifying Guarantor 1 First Name** | **Non-Qualifying Guarantor 1 Last Name** | **Non-Qualifying Guarantor 1 Citizenship** | **Non-Qualifying Guarantor 1 Country Name** | **Non-Qualifying Guarantor 2 First Name** | **Non-Qualifying Guarantor 2 Last Name** | **Non-Qualifying Guarantor 2 Citizenship** | **Non-Qualifying Guarantor 2 Country Name** | **Personal Guaranty** | **Total Number of Guarantors** | **Personal Guaranty Recourse Level** | **Business Entity EIN** |
| 1996159 | XX |  |  | XX | FMC -18 Investor DSCR 5% Fixed PPP 30 YR Fixed | Debt Service Coverage Ratio | Present | Yes | 3600 | 3800 | Appraisal - 1007 |  |  |  |  | 3800 | Appraisal - 1007 | No | 75.44 | 1.326 | 1.326 | 2866.61 | 3600 | 05-31-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 43200 |  |  |  | 3800 |  |  |  |  |  |  | No | No | 0.0 | 1 | 1 | N/A | 40.98 | Yes | XX | Limited Liability Corporation (LLC) | Individual Guarantor | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XX |
| 1996158 | XX |  |  | XX | FMC 16 NOO Declining - 30yr Fixed IO | Debt Service Coverage Ratio | Present | Yes | 14000 | 14800 | Appraisal - 1007 |  | N/A |  |  | 14000 | Actual In Place Rent | No | 79.84 | 1.252 | 1.252 | 11178.09 | 7000 | 07-14-2025 | 12 | 3500 | 08-31-2025 | 12 | 3500 | 04-30-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 100000 |  |  |  | 14000 |  |  |  |  |  |  | No | No | 1.8 | 1 | 1 | N/A | 37.19 | Yes | XX | Limited Liability Corporation (LLC) | Individual Guarantor | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XX |

---

## Exhibit 99.7

**Exhibit 99.7 Schedule 4**

---

| | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan Id | **Seller** | **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** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Unique Finding ID** | **Acknowledged / Waived By** | **Waiver in File?** |
| 1982683 | XX | XX |  |  | Closed | 2025-02-19 20:20 | 2025-02-21 18:44 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged- - Due Diligence Vendor-02/21/2025 <br>Ready for Review-please waive - Buyer-02/21/2025 <br>Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-02/19/2025 |  |  |  |  | FL | Primary Residence | Refinance | Cash Out - Other | 3449630 | Originator Post-Close | No |
| 1982683 | XX | XX |  |  | Closed | 2025-03-04 11:08 | 2025-03-06 20:43 | Resolved | 1 - Information | Credit | Missing Doc | Required Documentation is Missing | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-03/06/2025 <br>Open- - Due Diligence Vendor-03/06/2025 <br>Waived-Document Uploaded. - Due Diligence Vendor-03/06/2025 <br>Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-03/06/2025 <br>Ready for Review-Document Uploaded. - Buyer-03/06/2025 <br>Open-Renters purchasing from landlord .12 months of cancelled checks to prove timely payments are required. VOR is not acceptable - Due Diligence Vendor-03/04/2025 |  | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-03/06/2025 <br>Waived-Document Uploaded. - Due Diligence Vendor-03/06/2025 <br>Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-03/06/2025<br>| XX |  | LTV 75% < 80% max<br> Housing 0x30x43 per VOR<br> DTI 41.827% < 50% max NC | Primary Residence | Purchase | NA | 3519638 | N/A | N/A |
| 1982683 | XX | XX |  |  | Closed | 2025-03-10 12:04 | 2025-06-24 20:01 | 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-03/14/2025 <br>Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-03/14/2025 <br>Ready for Review-Document Uploaded. - Buyer-03/13/2025 <br>Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements BOA#8023 account statement has only month however GL Required two months. - Due Diligence Vendor-03/10/2025 |  | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-03/14/2025 <br>Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-03/14/2025<br>| XX |  | CA | Primary Residence | Purchase | NA | 3567280 | N/A | N/A |
| 1982683 | XX | XX |  |  | Closed | 2025-03-10 12:25 | 2025-03-14 15:39 | Resolved | 1 - Information | Credit | Assets | Asset 4 Less Than 2 Months Verified | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-03/14/2025 <br>Ready for Review-Document Uploaded. - Buyer-03/13/2025 <br>Open-BOA#8023 account statement has only month however GL Required two months. - Due Diligence Vendor-03/10/2025 |  | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-03/14/2025<br>| XX |  | CA | Primary Residence | Purchase | NA | 3567413 | N/A | N/A |

---

## Exhibit 99.7

**Exhibit 99.7 Schedule 5**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan Id | Loan ID | Seller Loan ID | Investor Loan ID | Lender Application Date | Originator QM Status | Final QM Status | Originator QM Status Difference than Final QM Status? | Reason Why NonQM Final Status | APR Pricing Threshold Exceeded? | QM DTI Threshold Exceeded? | Higher Priced Mortgage Loan (HPML)? | Negatively Amortizing Loan? | Principal Deferment? | Interest Only Flag? | Prepayment Penalty? | Balloon Flag? | Adjustable Rate Balloon? | Loan Term Less Than 5 Years? | QM Points and Fees Threshold Exceeded? | QM Total Points and Fees | APR | ATR: Qualifying Payment Properly Considered? | ATR: Current Employment/Self-Employment Verified? | ATR: Balloon Qualifying Payment Properly Considered? | ATR: Reasonable Income or Assets Considered? | ATR: Subject PITIA Adequately Documented? | ATR: All Liabilities Including Alimony and Child Support in DTI? | ATR: Simultaneous Loan Calculated Properly | ATR: Credit History was Considered Properly? | ATR: Did Lender Document All ATR Factors? | ATR: Was an ATR/QM DTI/Residual Income Analysis Provided? | Residual Income | Residual Income Meets Guidelines? | Borrower 1 Employment Indicator | Borrower 2 Employment Indicator | Borrower 1 Foreign National Indicator | Borrower 2 Foreign National Indicator | Business Purpose Loan? | Business Purpose Verified? |
| 1982683 | XX |  |  | XX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 8.317 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 66712.57 | N/A | Employed |  | No |  | No |  |
| 1996167 | XX |  |  | XX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | Yes | No | No | No | No | No | No | No | Not Tested | 0 | 8.554 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 7325.29 | N/A | Employed |  | No |  | No |  |
| 1996165 | XX |  |  | XX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.685 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 26629.6 | N/A | Employed |  | No |  | No |  |
| 1996159 | XX |  |  | XX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 1996158 | XX |  |  | XX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |

---

## Exhibit 99.7

**Exhibit 99.7 Schedule 6**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan Id | **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 1996165 | XX |  |  | XX | Property Type | propertyValuationPage | Single Family Detached | Attached | Audit Value Pulled From Appraisal. |
| 1996165 | XX |  |  | XX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 22.52 | 27.83 | Audit DTI difference is due to liabilities based on documents in loan file. |
| 1996158 | XX |  |  | XX | Property Type | propertyValuationPage | Two to Four Unit | Attached | Audit Value Pulled From Appraisal. |

---

## Exhibit 99.8

**Exhibit 99.8**

![](ex99-8_001.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;&nbsp;&nbsp;&nbsp;&nbsp;**(1) Type of assets that were reviewed.**

Selene Diligence LLC performed certain due diligence services described below on residential mortgage loans originated by numerous entities and obtained by Rithm Capital Corp. ("Client"). The review was conducted between December 2024 and April 2025, via files imaged and provided for review (the "Review").

&nbsp;&nbsp;&nbsp;&nbsp;&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 13 ATR-QM Exempt loans and 7 Non-QM loans for a total of 20 loans the "Final Securitization Population").

*<u>Credit Reviews (20):</u>*

During the Review, Selene performed a credit review on 20 mortgage loans in the Final Securitization Population.

*<u>Compliance Review (20)</u>*

During the Review, Selene performed a compliance review, when applicable on 20 mortgage loans in the Final Securitization Population.

*<u>Valuation Reviews (20):</u>*

During the Review, Selene performed a property valuation review on 20 mortgage loans in the Final Securitization Population.

*<u>Data Integrity Review (20):</u>*

During the Review, Selene performed a Data Integrity Review on 20 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 20 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;20 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Compliance Population | &nbsp;&nbsp;20 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Valuation Population | &nbsp;&nbsp;20 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Data Integrity Population | &nbsp;&nbsp;20 | &nbsp;&nbsp;100% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&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, S&P Global Ratings ("S&P") and Kroll Bond Rating Agency ("Kroll"), (the "NRSRO(s)").

&nbsp;&nbsp;&nbsp;&nbsp;&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;&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>**

Oaktree Funding Non-Agency Loan Eligibility Guidelines (the "Guidelines").

**<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.

Page 2 of **15**

**<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 and B, attached hereto).

&nbsp;&nbsp;**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.

&nbsp;&nbsp;**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.

&nbsp;&nbsp;**PROPERTY VALUATION REVIEW**

Selene's Property Valuation scope of review conducted on this transaction included the following elements.

&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.

&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.

Page 3 of **15**

&nbsp;&nbsp;**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 20 mortgage loans, (ii) a Compliance Review on 20 mortgage loans (iii) a Valuation Review on 20 mortgage loans, and (iv) a Data Integrity Review on 20 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.

**REVIEW RESULTS SUMMARY**

After review of the 20 mortgage loans; 10 mortgage loans had a rating grade of A, 10 mortgage loan 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; ****<br> ****<br> ***Grades per loan (20 overall loans):***<br> **** | &nbsp;&nbsp; ****<br> ****<br> ***Grades per loan (20 overall loans):***<br> **** | &nbsp;&nbsp; ****<br> ****<br> ***Grades per loan (20 overall loans):***<br> **** |  |  |
| | | &nbsp;&nbsp;**INITIAL RA GRADES - OVERALL** | &nbsp;&nbsp;**INITIAL RA GRADES - OVERALL** | | | &nbsp;&nbsp;**FINAL RA GRADES - OVERALL** | &nbsp;&nbsp;**FINAL RA GRADES - OVERALL** |
| <br>&nbsp;&nbsp;**NRSRO Grade** | <br>&nbsp;&nbsp;**S&P** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** | <br>&nbsp;&nbsp;**NRSRO Grade** | <br>&nbsp;&nbsp;**S&P** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;2 | &nbsp;&nbsp;2 | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;A | &nbsp;&nbsp;10 | &nbsp;&nbsp;10 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;B | &nbsp;&nbsp;10 | &nbsp;&nbsp;10 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;7 | &nbsp;&nbsp;7 | &nbsp;&nbsp;35.00% | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;11 | &nbsp;&nbsp;11 | &nbsp;&nbsp;55.00% | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

Page 4 of **15**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp; ****<br> ***Final Grades per loan broken out by compliance, credit and property:*** | &nbsp;&nbsp; ****<br> ***Final Grades per loan broken out by compliance, credit and property:*** | &nbsp;&nbsp; ****<br> ***Final Grades per loan broken out by compliance, credit and property:*** | &nbsp;&nbsp; ****<br> ***Final Grades per loan broken out by compliance, credit and property:*** | &nbsp;&nbsp; ****<br> ***Final Grades per loan broken out by compliance, credit and property:*** | &nbsp;&nbsp; ****<br> ***Final Grades per loan broken out by compliance, credit and property:*** | &nbsp;&nbsp; ****<br> ***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** | &nbsp;&nbsp;**FINAL RA GRADES - CREDIT** |
| <br>&nbsp;&nbsp;**NRSRO Grade** | <br>&nbsp;&nbsp;**S&P** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** | <br>&nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**S&P** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;20 | &nbsp;&nbsp;20 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;A | &nbsp;&nbsp;11 | &nbsp;&nbsp;11 | &nbsp;&nbsp;55.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;B | &nbsp;&nbsp;9 | &nbsp;&nbsp;9 | &nbsp;&nbsp;45.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &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;**KBRA** | &nbsp;&nbsp;**%** |  |  |  |  |
| &nbsp;&nbsp;A | &nbsp;&nbsp;19 | &nbsp;&nbsp;19 | &nbsp;&nbsp;95.00% |  |  |  |  |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;5.00% |  |  |  |  |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |  |  |  |  |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &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.

Page 5 of **15**

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 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 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

Page 6 of **15**

**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

Page 7 of **15**

**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;

Page 8 of **15**

&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**

**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):</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;

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.

Page 10 of **15**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Note: Where available, Selene 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, Selene'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;g) <u>Homeownership counseling (§1026.36):</u> 

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

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

&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;j) <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;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 (ii) verify the data against the NMLSR database, as available.

**2.** **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;&nbsp;&nbsp;&nbsp;&nbsp;a) <u>Good Faith Estimate (GFE) (§1024.7):</u> 

i) confirm the presence of the current GFE form in effect at the time of origination; <br> 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 <br> v) confirm the presence of a settlement service provider list, as applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) <u>Final HUD-1/A Settlement Statement (HUD) (§1024.8):</u> 

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;&nbsp;&nbsp;&nbsp;&nbsp;c) <u>GFE and Final HUD Comparison (§1024.7):</u> 

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.

Page 11 of **15**

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

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;

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; and

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

**3.** **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 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;

v) confirm if the file indicates a fee was imposed, other than for a credit report, prior to borrower receiving LE and indicating an intent to proceed with the transaction;

vi) confirm that any written estimate of terms or costs provided prior to receipt of a LE contained the required disclosures;

vii) 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;

viii) confirm the presence and timely provision of a settlement service provider list (when consumer is given the opportunity to shop for services);

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

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

Page 12 of **15**

&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;

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 Industry Group ("SFIG") has a working group that consists of industry participants including third party review providers and law firms who are discussing 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 SFIG industry group proposal.)

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

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

**4.** **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)).

Page 13 of **15**

<u>General Ability to Repay</u>

Selene reviewed the applicable mortgage loans 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 reviewed the 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.

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

a) Providing Appraisals and Other Valuations (12 C.F.R. 1002.14):

&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.

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

Page 14 of **15**

**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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o 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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Selene makes no representation or warranty as to the value of any mortgaged property, notwithstanding
that Selene may have reviewed valuation information for reasonableness.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Selene is not an 'AMC' (appraisal management company)
and therefore Selene does not opine on the actual value of the underlying property.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Selene
 does not confirm whether the appraiser is on the Freddie Mac exclusionary list.

Page 15 of **15**

## Exhibit 99.8

**Exhibit 99.8 Schedule 1**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan 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** | **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** |
| 1959606 | XX |  |  | 12-XX-2024 | XX |  | 0 | XX | 11-XX-2024 | 1004 URAR | XX | 80.0 | 80.0 | XX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0 | .0000 | XX | Moderate Risk | 11-XX-2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.2 | 11-XX-2024 |
| 1952354 | XX |  |  | 12-XX-2024 | XX |  | XX | XX | 12-XX-2024 | 1004 URAR | XX | 55.31 | 55.31 | XX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0 | .0000 | XX | Low Risk | 12-XX-2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1959601 | XX |  |  | 12-XX-2024 | XX |  | XX | XX | 06-XX-2024 | 1004 URAR | XX | 70.82 | 70.82 | XX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0 | .0000 | XX | Low Risk | 12-XX-2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 12-XX-2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1959614 | XX |  |  | 12-XX-2024 | XX |  | 0 | XX | 09-XX-2024 | 1004 URAR | XX | 63.68 | 63.68 | XX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0 | .0000 | XX | Low Risk | 09-XX-2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1995600 | XX |  |  | 01-XX-2025 | XX |  | XX | XX | 10-XX-2024 | 1004 URAR | XX | 80.0 | 80.0 | XX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0 | .0000 | XX | Moderate Risk | 10-XX-2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 5 |  |
| 1966404 | XX |  |  | 01-XX-2025 | XX |  | XX | XX | 12-XX-2024 | 1004 URAR | XX | 57.69 | 57.69 | XX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0 | .0000 | XX | Low Risk | 12-XX-2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1966403 | XX |  |  | 01-XX-2025 | XX |  | 0 | XX | 12-XX-2024 | 1004 URAR | XX | 61.22 | 61.22 | XX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0 | .0000 | XX | Low Risk | 01-XX-2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1966402 | XX |  |  | 01-XX-2025 | XX |  | 0 | XX | 12-XX-2024 | 1004 URAR | XX | 43.89 | 43.89 | XX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0 | .0000 | XX | Low Risk | 12-XX-2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1995590 | XX |  |  | 02-XX-2025 | XX | XX | 0 | XX | 02-XX-2025 | 1073 Individual Condo Report | XX | 35.29 | 35.29 | XX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0 | .0000 | XX | Moderate Risk | 02-XX-2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1988153 | XX |  |  | 02-XX-2025 | XX |  | XX | XX | 01-XX-2025 | 1004 URAR | XX | 75.0 | 75.0 | XX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0 | .0000 | XX | Low Risk | 02-XX-2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 | 02-XX-2025 |
| 1995597 | XX |  |  | 02-XX-2025 | XX |  | 0 | XX | 02-XX-2025 | 1025 Small Residential Income Report | XX | 35.22 | 35.22 | XX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0 | .0000 | XX | Moderate Risk | 02-XX-2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1995596 | XX |  |  | 02-XX-2025 | XX | XX | 0 | XX | 02-XX-2025 | 1025 Small Residential Income Report | XX | 75.0 | 75.0 | XX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0 | .0000 | XX | Low Risk | 02-XX-2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 1995591 | XX |  |  | 02-XX-2025 | XX |  | XX | XX | 02-XX-2025 | 1004 URAR | XX | 18.87 | 18.87 | XX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0 | .0000 | XX | Low Risk | 03-XX-2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible |  |  |
| 1995592 | XX |  |  | 02-XX-2025 | XX |  | 0 | XX | 01-XX-2025 | 1025 Small Residential Income Report | XX | 35.89 | 35.89 | XX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0 | .0000 | XX | Low Risk | 02-XX-2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 02-XX-2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1995593 | XX |  |  | 03-XX-2025 | XX |  | 0 | XX | 02-XX-2025 | 1073 Individual Condo Report | XX | 70.0 | 70.0 | XX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0 | .0000 | XX | Low Risk | 02-XX-2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1995594 | XX |  |  | 03-XX-2025 | XX |  | 0 | XX | 02-XX-2025 | 1025 Small Residential Income Report | XX | 37.7 | 37.7 | XX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0 | .0000 | XX | Low Risk | 02-XX-2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 1996198 | XX |  |  | 03-XX-2025 | XX | XX | XX | XX | 02-XX-2025 | 1004 URAR | XX | 20.65 | 20.65 | XX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0 | .0000 | XX | Moderate Risk | 02-XX-2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1996196 | XX |  |  | 03-XX-2025 | XX | XX | XX | XX | 12-XX-2024 | 1004 URAR | XX | 90.0 | 90.0 | XX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0 | .0000 | XX | Low Risk | 02-XX-2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 02-XX-2025 |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 | 01-XX-2025 |
| 1996201 | XX |  |  | 03-XX-2025 | XX |  | XX | XX | 02-XX-2025 | 1004 URAR | XX | 75.0 | 75.0 | XX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0 | .0000 | XX | Low Risk | 02-XX-2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1996197 | XX |  |  | 03-XX-2025 | XX | XX | 0 | XX | 02-XX-2025 | 1004 URAR | XX | 80.0 | 80.0 | XX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | 0 | .0000 | XX | Moderate Risk | 02-XX-2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 02-XX-2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.8

**Exhibit 99.8 Schedule 2**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **INITIAL CREDIT LOAN GRADES** | **INITIAL CREDIT LOAN GRADES** | **INITIAL CREDIT LOAN GRADES** | **INITIAL CREDIT LOAN GRADES** | **INITIAL CREDIT LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** |
| Loan Id | **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** | **DBRS/Morningstar** | **Fitch** | **Kroll** | **S&P** | **Moodys** | **DBRS/Morningstar** | **Fitch** | **Kroll** | **S&P** | **Moodys** | **DBRS/Morningstar** | **Fitch** | **Kroll** | **S&P** | **Moodys** | **DBRS/Morningstar** | **Fitch** | **Kroll** | **S&P** | **Moodys** | **DBRS/Morningstar** | **Fitch** | **Kroll** | **S&P** | **Moodys** | **DBRS/Morningstar** | **Fitch** | **Kroll** | **S&P** | **Moodys** | **DBRS/Morningstar** | **Fitch** | **Kroll** | **S&P** | **Moodys** | **DBRS/Morningstar** | **Fitch** | **Kroll** | **S&P** | **Moodys** |
| 1959606 | XX |  |  | XX | D | D | D | D | D | C | C | C | C | C | A | A | A | A | A | D | D | D | D | D | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1952354 | XX |  |  | XX | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1959601 | XX |  |  | XX | C | C | C | C | C | A | A | A | A | A | C | C | C | C | C | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1959614 | XX |  |  | XX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1995600 | XX |  |  | XX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1966404 | XX |  |  | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1966403 | XX |  |  | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1966402 | XX |  |  | XX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1995590 | XX |  |  | XX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1988153 | XX |  |  | XX | B | B | B | B | B | C | C | C | C | C | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1995597 | XX |  |  | XX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1995596 | XX |  |  | XX | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B | B | B | B | B | B |
| 1995591 | XX |  |  | XX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1995592 | XX |  |  | XX | C | C | C | C | C | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1995593 | XX |  |  | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1995594 | XX |  |  | XX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1996198 | XX |  |  | XX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1996196 | XX |  |  | XX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1996201 | XX |  |  | XX | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1996197 | XX |  |  | XX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |

---

## Exhibit 99.8

**Exhibit 99.8 Schedule 3**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan Id | **LoanRecordID** | **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Seller Name** | **Loan Program** | **Documentation Type** | **Executed NOO Docs in File** | **Lease In Place Flag** | **Actual In Place Rent** | **Third Party Market Rent Estimate** | **Third Party Rent Source** | **Actual Short Term Rent Amount** | **Actual Short Term Rent Source** | **Short Term Rent Number of Months** | **Short Term Rental Occupancy Factor** | **Rental Income Used for Property DSCR Calculation** | **Rental Source for Property DSCR Calculation** | **DSCR Calculation Based On Short Rental Income Flag** | **Property DTI** | **Originator DSCR** | **TPR DSCR** | **PITIA** | **Gross Rental Income Unit 1** | **Lease End Date Unit 1** | **Lease Term Unit 1** | **Gross Rental Income Unit 2** | **Lease End Date Unit 2** | **Lease Term Unit 2** | **Gross Rental Income Unit 3** | **Lease End Date Unit 3** | **Lease Term Unit 3** | **Gross Rental Income Unit 4** | **Lease End Date Unit 4** | **Lease Term Unit 4** | **Gross Rental Income Unit 5** | **Lease End Date Unit 5** | **Lease Term Unit 5** | **Gross Rental Income Unit 6** | **Lease End Date Unit 6** | **Lease Term Unit 6** | **Gross Rental Income Unit 7** | **Lease End Date Unit 7** | **Lease Term Unit 7** | **Gross Rental Income Unit 8+** | **Rent Loss Insurance** | **Rent Loss Insurance Amount** | **Fee Amount** | **Acquisition Cost** | **Renovation Cost** | **Effective Gross Income** | **Turnover Costs** | **Repairs and Maintenance** | **Marketing and Leasing Costs** | **Utilities** | **Other Costs** | **Cap Ex Reserve** | **Section 8** | **Blanket Mortgage/Cross Collateral Flag** | **Number of Years Property Owned** | **Number of Mortgaged Properties With Lender** | **Number of Properties Securing Loan** | **Foreign National Alternative Credit Documentation** | **Months Reserves** | **Loan Closed in the name of Business Entity** | **Vested Business Entity Name** | **Vested Business Entity Type** | **Qualifying Primary Borrower Type** | **Qualifying Primary Borrower First Name** | **Qualifying Primary Borrower Last Name** | **Qualifying CoBorrower Type** | **Qualifying CoBorrower First Name** | **Qualifying CoBorrower Last Name** | **Qualifying CoBorrower 2 Type** | **Qualifying CoBorrower 2 First Name** | **Qualifying CoBorrower 2 Last Name** | **Qualifying CoBorrower 3 Type** | **Qualifying CoBorrower 3 First Name** | **Qualifying CoBorrower 3 Last Name** | **Non-Qualifying Guarantor 1 First Name** | **Non-Qualifying Guarantor 1 Last Name** | **Non-Qualifying Guarantor 1 Citizenship** | **Non-Qualifying Guarantor 1 Country Name** | **Non-Qualifying Guarantor 2 First Name** | **Non-Qualifying Guarantor 2 Last Name** | **Non-Qualifying Guarantor 2 Citizenship** | **Non-Qualifying Guarantor 2 Country Name** | **Personal Guaranty** | **Total Number of Guarantors** | **Personal Guaranty Recourse Level** | **Business Entity EIN** |
| 1952354 | XX | XX |  |  | XX | Investor Advantage | Debt Service Coverage Ratio | Present | Yes | 2500 | 2830 | Appraisal - 1007 |  | N/A |  |  | 2500 | Actual In Place Rent | No | 96.3 | 1.038 | 1.038 | 2407.54 | 2500 | 06-09-2025 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 40080 |  | XX |  | 2500 |  |  |  |  |  |  | No | No | 2.5 | 1 | 1 | N/A | 131.18 | Yes | XX | Limited Liability Corporation (LLC) | Individual Guarantor | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XX |
| 1959601 | XX | XX |  |  | XX | Investor Advantage | Debt Service Coverage Ratio | Present | No | 0 | 2400 | Appraisal - 1007 |  | N/A |  |  | 2400 | Appraisal - 1007 | No | 99.17 | 1.008 | 1.008 | 2380.09 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 32800 |  | XX |  | 2400 |  |  |  |  |  |  | No | No | 1.2 | 1 | 1 | N/A | 6.56 | Yes | XX | Limited Liability Corporation (LLC) | Individual Guarantor | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XX |
| 1966404 | XX | XX |  |  | XX | Cash Flow Advantage DSCR | Debt Service Coverage Ratio | Present | Yes | 2741 | 2743 | Appraisal - 1007 |  | N/A |  |  | 2741 | Actual In Place Rent | No | 90.73 | 1.102 | 1.102 | 2486.87 | 2741 | 01-31-2025 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 32892 |  | XX |  | 2741 |  |  |  |  |  |  | No | No | 3.1 | 1 | 1 | N/A | 155.7 | No |  |  | Vested Individual | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  |
| 1966403 | XX | XX |  |  | XX | Investor Advantage | Debt Service Coverage Ratio | Present | Yes | 2284 | 2300 | Appraisal - 1007 |  | N/A |  |  | 2284 | Actual In Place Rent | No | 98.65 | 1.014 | 1.014 | 2253.15 | 2284 | 02-28-2025 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 27408 |  |  |  | 2284 |  |  |  |  |  |  | No | No | 3.8 | 1 | 1 | N/A | 131.92 | No |  |  | Vested Individual | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 |  |  |
| 1966402 | XX | XX |  |  | XX | Cash Flow Advantage DSCR | Debt Service Coverage Ratio | Present | No | 0 | 8000 | Appraisal - 1007 |  | N/A |  |  | 8000 | Appraisal - 1007 | No | 82.47 | 1.397 | 1.397 | 5724.98 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 117600 |  |  |  | 8000 |  |  |  |  |  |  | No | No | 11.1 | 1 | 1 | N/A | 119.16 | No |  |  | Vested Individual | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 |  |  |
| 1995597 | XX | XX |  |  | XX | Investor Advantage | Debt Service Coverage Ratio | Present | No | 0 | 6300 | Appraisal - 1025 |  | N/A |  |  | 6300 | Appraisal - 1025 | No | 37.64 | 2.657 | 2.657 | 2371.54 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 75600 |  |  |  | 6300 |  |  |  |  |  |  | No | No | 5.4 | 1 | 1 | N/A | 19.14 | Yes | XX | Limited Liability Corporation (LLC) | Individual Guarantor | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XX |
| 1995596 | XX | XX |  |  | XX | Investor Advantage | Debt Service Coverage Ratio | Present | Yes | 2475 | 2650 | Appraisal - 1025 |  | N/A |  |  | 2475 | Actual In Place Rent | No | 74.04 | 1.351 | 1.351 | 1832.49 | 925 | 03-01-2025 | 1 | 900 | 03-01-2025 | 1 | 650 | 03-01-2025 | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 29700 |  |  |  | 2475 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 75.09 | Yes | XX | Limited Liability Corporation (LLC) | Individual Guarantor | XX | XX | Individual Guarantor | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | Full Recourse | XX |
| 1995591 | XX | XX |  |  | XX | Investor Advantage | Debt Service Coverage Ratio | Present | No | 0 | 16200 | Appraisal - 1007 |  |  |  |  | 16200 | Appraisal - 1007 | No | 41.87 | 2.957 | 2.388 | 6782.51 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 100000 |  | XX |  | 16200 |  |  |  |  |  |  | No | No | 0.7 | 1 | 1 | N/A | 84.43 | No |  |  | Vested Individual | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 |  |  |
| 1995592 | XX | XX |  |  | XX | Investor Advantage | Debt Service Coverage Ratio | Present | Yes | 5855 | 6800 | Appraisal - 1025 |  | N/A |  |  | 5855 | Actual In Place Rent | No | 48.46 | 2.064 | 2.064 | 2837.16 | 1475 | 03-01-2025 | 1 | 1675 | 03-01-2025 | 1 | 1230 | 03-01-2025 | 1 | 1475 | 03-01-2025 | 1 |  |  |  |  |  |  |  |  |  |  | Yes | 70260 |  |  |  | 5855 |  |  |  |  |  |  | No | No | 8.2 | 1 | 1 | N/A | 139.66 | No |  |  | Vested Individual | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  |
| 1995593 | XX | XX |  |  | XX | Investor Advantage | Debt Service Coverage Ratio | Present | Yes | 2700 | 2600 | Appraisal - 1007 |  | N/A |  |  | 2600 | Appraisal - 1007 | No | 98.3 | 1.01 | 1.017 | 2555.77 | 2700 | 12-31-2025 | 41 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 62400 |  |  |  | 2600 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 26.49 | No |  |  | Vested Individual | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 |  |  |
| 1995594 | XX | XX |  |  | XX | Investor Advantage | Debt Service Coverage Ratio | Present | No | 3500 | 3500 | Appraisal - 1025 |  | N/A |  |  | 3500 | Appraisal - 1025 | No | 54.3 | 1.842 | 1.842 | 1900.39 | 1500 | 05-01-2025 | 1 | 2000 | 05-01-2025 | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 43500 |  |  |  | 3500 |  |  |  |  |  |  | No | No | 0.8 | 1 | 1 | N/A | 6.68 | No |  |  | Vested Individual | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 |  |  |
| 1996198 | XX | XX |  |  | XX | Cash Flow Advantage DSCR | Debt Service Coverage Ratio | Present | No | 0 | 8600 | Appraisal - 1007 |  | N/A |  |  | 8600 | Appraisal - 1007 | No | 62.96 | 1.549 | 1.588 | 5414.56 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 90000 |  | XX |  | 8600 |  |  |  |  |  |  | No | No | 0 | 1 | 1 | N/A | 26.27 | No |  |  | Vested Individual | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  |
| 1996201 | XX | XX |  |  | XX | Investor Advantage | Debt Service Coverage Ratio | Present | No | 0 | 12500 | Appraisal - 1007 | 12500 | Vrbo | 12 |  | 12500 | Appraisal - 1007 | No | 58.52 | 1.709 | 1.709 | 7314.47 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 41800 |  | 625000 |  | 12500 |  |  |  |  |  |  | No | No | 0.8 | 1 | 1 | N/A | 118.87 | Yes | XX | Limited Liability Corporation (LLC) | Individual Guarantor | XX | XX | Individual Guarantor | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | Full Recourse | XX |

---

## Exhibit 99.8

**Exhibit 99.8 Schedule 4**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan Id | **Seller** | **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?** |
| 1959606 | XX | XX |  |  | Closed | 2024-12-31 12:55 | 2025-02-28 20:09 | Resolved | 1 - Information C A | Compliance | Mavent | AL Fee Not Allowed- Document Preparation Fee (Fee ID: 104) | Resolved-Received cure documentation, finding has been resolved and cleared. - Due Diligence Vendor-02/28/2025 <br>Escalated-Document Uploaded. - Seller-02/26/2025 <br>Escalated-Document Uploaded. - Seller-02/21/2025 <br>Escalated-Escalated for further review. - Due Diligence Vendor-02/18/2025 <br>Ready for Review-Document Uploaded. - Seller-02/13/2025 <br>Counter-Please provide a copy of the check, uploaded screenshot is insufficient. - Due Diligence Vendor-02/13/2025 <br>Ready for Review-Document Uploaded. - Seller-02/11/2025 <br>Counter-Waiting on copy of the check - Due Diligence Vendor-02/06/2025 <br>Ready for Review-Document Uploaded. Cure #2 waiting on check - Seller-02/04/2025 <br>Counter-Doc Preparation Fee being charged to borrower - Due Diligence Vendor-01/16/2025 <br>Ready for Review-Document Uploaded. - Seller-01/15/2025 <br>Ready for Review-Document Uploaded. will upload check once receive - Seller-01/14/2025 <br>Open-Document Preparation Fee (Fee ID: 104) is not allowed to be charged to the Borrower and paid to the Lender, Affiliate or Originator in AL under the Alabama Mini-Code. The Alabama Mini-Code allows this fee to be paid only to an unaffiliated third party provider. (Ala. Code 5-19-1(1); 5-19-4; 5-20-1; Ala. State Banking Dept. Reg. 155-2-2-12; Goldome Credit Corporation v. Burke, No. 1021072 (2005)). - Due Diligence Vendor-12/31/2024 | Escalated-Document Uploaded. - Seller-02/26/2025 <br>Escalated-Document Uploaded. - Seller-02/21/2025 <br>Ready for Review-Document Uploaded. - Seller-02/13/2025 <br>Ready for Review-Document Uploaded. - Seller-02/11/2025 <br>Ready for Review-Document Uploaded. Cure #2 waiting on check - Seller-02/04/2025 <br>Ready for Review-Document Uploaded. - Seller-01/15/2025 <br>Ready for Review-Document Uploaded. will upload check once receive - Seller-01/14/2025<br>| Resolved-Received cure documentation, finding has been resolved and cleared. - Due Diligence Vendor-02/28/2025<br>| XX |  |  | AL | Primary Residence | Refinance | Cash Out - Other | 3110293 | N/A | N/A |
| 1959606 | XX | XX |  |  | Closed | 2025-01-03 21:39 | 2025-01-16 15:14 | Waived | 2 - Non-Material C B | Credit | Credit | Tradeline minimum has not met guidelines | Waived-Exception made for minimum tradelines not being met - Due Diligence Vendor-01/16/2025 <br> Ready for Review-Document Uploaded. - Buyer-01/14/2025 <br> Counter-xx shows a last active date of 2022 past the last 12 months active requirement - Due Diligence Vendor-01/10/2025 <br> Ready for Review-2 tradelines for 24 months open last 12 months. <br> xx 38 mos<br> ss Card 10.23 57 mos (application date 1ss) w/ i 12 mos - Buyer-01/08/2025 <br> Open-Insufficient tradelines listed - Due Diligence Vendor-01/03/2025 |  | Waived-Exception made for minimum tradelines not being met - Due Diligence Vendor-01/16/2025<br>| XX |  | DTI is 41.72%. Maximum allowed per guidelines is 50%.<br> Credit Score is 738. Minimum required per guidelines is 680. | AL | Primary Residence | Refinance | Cash Out - Other | 3137368 | Originator Post-Close | Yes |
| 1959606 | XX | XX |  |  | Closed | 2024-12-31 12:55 | 2025-01-16 14:57 | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance (50001252) | Resolved- - Due Diligence Vendor-01/16/2025 <br>Ready for Review-Document Uploaded. will upload check once receive - Buyer-01/14/2025 <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 – State. 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-12/31/2024 |  | Resolved- - Due Diligence Vendor-01/16/2025<br>| XX |  |  | AL | Primary Residence | Refinance | Cash Out - Other | 3110290 | N/A | N/A |
| 1959606 | XX | XX |  |  | Closed | 2025-01-03 19:49 | 2025-01-10 15:18 | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document is Incomplete | Resolved-Title Document is Provided And Complete - Due Diligence Vendor-01/10/2025 <br>Ready for Review-Document Uploaded. - Buyer-01/08/2025 <br>Open-Title Document is Incomplete Missing vesting in just the borrowers name - Due Diligence Vendor-01/03/2025 |  | Resolved-Title Document is Provided And Complete - Due Diligence Vendor-01/10/2025<br>| XX |  |  | AL | Primary Residence | Refinance | Cash Out - Other | 3136005 | N/A | N/A |
| 1959606 | XX | XX |  |  | Closed | 2024-12-31 12:55 | 2025-01-16 14:57 | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (8.581%) APR equals or exceeds the Federal HPML threshold of (8.33%). 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 (6.83%).(12 CFR 1026.35(a)(1)(i)) 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 #278 and the Final Closing disclosure on Pg #142 reflects escrows. Rate lock date was entered correctly – see Pg #141 An interior and exterior appraisal was completed for this property – see Pg #43-49, the appraisal disclosure was provided to the borrower(s)- see Pg #29 and copy of the appraisal was given to the borrower – see Pg #134 for the copy of the disclosure. The loan meets HPML guidelines. - Due Diligence Vendor-01/16/2025 <br>Resolved-The loan's (8.593%) APR equals or exceeds the Federal HPML threshold of (8.33%). 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 (6.83%).(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 #278 and the Final Closing disclosure on Pg #142 reflects escrows. Rate lock date was entered correctly – see Pg #141 An interior and exterior appraisal was completed for this property – see Pg #43-49, the appraisal disclosure was provided to the borrower(s)- see Pg #29 and copy of the appraisal was given to the borrower – see Pg #134 for the copy of the disclosure. The loan meets HPML guidelines. - Due Diligence Vendor-12/31/2024 |  | Resolved-The loan's (8.581%) APR equals or exceeds the Federal HPML threshold of (8.33%). 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 (6.83%).(12 CFR 1026.35(a)(1)(i)) 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 #278 and the Final Closing disclosure on Pg #142 reflects escrows. Rate lock date was entered correctly – see Pg #141 An interior and exterior appraisal was completed for this property – see Pg #43-49, the appraisal disclosure was provided to the borrower(s)- see Pg #29 and copy of the appraisal was given to the borrower – see Pg #134 for the copy of the disclosure. The loan meets HPML guidelines. - Due Diligence Vendor-01/16/2025 <br>Resolved-The loan's (8.593%) APR equals or exceeds the Federal HPML threshold of (8.33%). 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 (6.83%).(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 #278 and the Final Closing disclosure on Pg #142 reflects escrows. Rate lock date was entered correctly – see Pg #141 An interior and exterior appraisal was completed for this property – see Pg #43-49, the appraisal disclosure was provided to the borrower(s)- see Pg #29 and copy of the appraisal was given to the borrower – see Pg #134 for the copy of the disclosure. The loan meets HPML guidelines. - Due Diligence Vendor-12/31/2024<br>|  |  |  | AL | Primary Residence | Refinance | Cash Out - Other | 3110292 | N/A | N/A |
| 1952354 | XX | XX |  |  | Closed | 2025-01-07 19:10 | 2025-01-13 17:08 | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-01/13/2025 <br>Ready for Review-Document Uploaded. Her marriage certificate is in the file. Loan is not in her name. - Buyer-01/10/2025 <br>Open-Housing History Does Not Meet Guideline Requirements Missing verification of housing history for primary residence - Due Diligence Vendor-01/07/2025 |  | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-01/13/2025<br>| XX |  |  | SC | Investment | Refinance | Cash Out - Other | 3156609 | N/A | N/A |
| 1952354 | XX | XX |  |  | Closed | 2025-01-07 19:14 | 2025-01-13 17:03 | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document is Incomplete | Resolved-Title Document is Provided And Complete - Due Diligence Vendor-01/13/2025 <br>Ready for Review-Document Uploaded. - Buyer-01/09/2025 <br>Open-Title Document is Incomplete Missing vesting in LLC - Due Diligence Vendor-01/07/2025 |  | Resolved-Title Document is Provided And Complete - Due Diligence Vendor-01/13/2025<br>| XX |  |  | SC | Investment | Refinance | Cash Out - Other | 3156676 | N/A | N/A |
| 1952354 | XX | XX |  |  | Closed | 2025-01-07 19:04 | 2025-01-13 17:02 | Waived | 2 - Non-Material C B | Credit | Credit | Tradeline minimum has not met guidelines | Waived-Exception made for limited tradelines/investment property - Due Diligence Vendor-01/13/2025 <br>Ready for Review-Document Uploaded. - Buyer-01/09/2025 <br>Open-Minimum tradeline requirement not met - Due Diligence Vendor-01/07/2025 |  | Waived-Exception made for limited tradelines/investment property - Due Diligence Vendor-01/13/2025<br>| XX |  | DSCR is 1.038. Minimum required per guidelines is 1.<br> LTV is 55.31%. Maximum allowed per guidelines is 75%.<br> Borrower(s) have 22.48 months Reserves. Minimum required per guidelines is 3 months. | SC | Investment | Refinance | Cash Out - Other | 3156547 | Originator Post-Close | Yes |
| 1952354 | XX | XX |  |  | Closed | 2025-01-07 19:01 | 2025-01-13 16:49 | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Incomplete | Resolved-The Final 1003 is Present - Due Diligence Vendor-01/13/2025 <br>Ready for Review-Document Uploaded. - Buyer-01/10/2025 <br>Open-Final 1003 listed subject property in section 3 as primary residence - Due Diligence Vendor-01/07/2025 |  | Resolved-The Final 1003 is Present - Due Diligence Vendor-01/13/2025<br>| XX |  |  | SC | Investment | Refinance | Cash Out - Other | 3156481 | N/A | N/A |
| 1959601 | XX | XX |  |  | Closed | 2025-01-13 23:33 | 2025-01-23 22:05 | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-DSCR/ does not own primary res - Due Diligence Vendor-01/23/2025 <br>Ready for Review-Document Uploaded. - Buyer-01/21/2025 <br>Open-Loan does not conform to program guidelines Borrower does not own primary residence - Due Diligence Vendor-01/13/2025 |  | Waived-DSCR/ does not own primary res - Due Diligence Vendor-01/23/2025<br>| XX |  | DSCR is 1.008. Minimum required per guidelines is 1.<br> Borrower(s) have 6.56 months Reserves. Minimum required per guidelines is 3 months.<br> Credit Score is 746. Minimum required per guidelines is 700. | DC | Investment | Refinance | No Cash Out - Borrower Initiated | 3197887 | Originator Post-Close | Yes |
| 1959601 | XX | XX |  |  | Closed | 2025-01-10 12:15 | 2025-01-22 10:40 | Resolved | 1 - Information C A | Property | Appraisal | Property/Appraisal General | Resolved-Updated 1008 and 1003 documents provided with correct appraisal value. Resolved<br> - Due Diligence Vendor-01/22/2025 <br> Ready for Review-Document Uploaded. - Buyer-01/21/2025 <br> Open-Loan amount per Appraisal Report page #20 reflects $XX whereas per 1008 & Final 1003 page #342 & 366 - Appraisal value is $XX that leads to LTV discrepancy. Unable to verify $XX from provided documents. - Due Diligence Vendor-01/10/2025 |  | Resolved-Updated 1008 and 1003 documents provided with correct appraisal value. Resolved<br> - Due Diligence Vendor-01/22/2025<br>| XX |  |  | DC | Investment | Refinance | No Cash Out - Borrower Initiated | 3179157 | N/A | N/A |
| 1959614 | XX | XX |  |  | Closed | 2025-01-14 23:59 | 2025-01-23 21:32 | 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-01/23/2025 <br>Ready for Review-Document Uploaded. - Buyer-01/21/2025 <br>Open-Borrower 1 3rd Party VOE Prior to Close Missing Please provide VOE within 30 days of closing for S/E - Due Diligence Vendor-01/14/2025 |  | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-01/23/2025<br>| XX |  |  | CA | Primary Residence | Refinance | Cash Out - Other | 3206991 | N/A | N/A |
| 1959614 | XX | XX |  |  | Closed | 2025-01-15 00:01 | 2025-01-23 21:28 | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-01/23/2025 <br>Ready for Review-Document Uploaded. - Buyer-01/21/2025 <br>Open-Housing History Does Not Meet Guideline Requirements Please provide VOM for subject property - Due Diligence Vendor-01/15/2025 |  | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-01/23/2025<br>| XX |  |  | CA | Primary Residence | Refinance | Cash Out - Other | 3206998 | N/A | N/A |
| 1959614 | XX | XX |  |  | Closed | 2025-01-13 10:39 | 2025-01-14 23:55 | Resolved | 1 - Information A | Compliance | HigherPriced:APR | California - Higher Priced Mortgage Loan (First Lien 06/2013)(Conforming) | Resolved-This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (8.419%) equals or exceeds the California HPML threshold of (8.26%). 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 (6.76%).(Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(i)) 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#456 and the Final Closing disclosure on Pg#276. Rate lock date was entered correctly see Pg#'s 275 An interior and exterior appraisal was completed for this property – see pg 31, 32 the appraisal disclosure was provided to the borrower(s)- see Pg#'31, 32 and copy of the appraisal was given to the borrower see Pg 31, 32,472 for the copy of the disclosure. The loan meets HPML guidelines" - Due Diligence Vendor-01/13/2025 |  | Resolved-This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (8.419%) equals or exceeds the California HPML threshold of (8.26%). 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 (6.76%).(Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(i)) 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#456 and the Final Closing disclosure on Pg#276. Rate lock date was entered correctly see Pg#'s 275 An interior and exterior appraisal was completed for this property – see pg 31, 32 the appraisal disclosure was provided to the borrower(s)- see Pg#'31, 32 and copy of the appraisal was given to the borrower see Pg 31, 32,472 for the copy of the disclosure. The loan meets HPML guidelines" - Due Diligence Vendor-01/13/2025<br>|  |  |  | CA | Primary Residence | Refinance | Cash Out - Other | 3189533 | N/A | N/A |
| 1959614 | XX | XX |  |  | Closed | 2025-01-13 10:39 | 2025-01-14 23:55 | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (8.419%) APR equals or exceeds the Federal HPML threshold of (8.26%). 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 (6.76%).(12 CFR 1026.35(a)(1)(i)) 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#456 and the Final Closing disclosure on Pg#276. Rate lock date was entered correctly see Pg#'s 275 An interior and exterior appraisal was completed for this property – see pg 31, 32 the appraisal disclosure was provided to the borrower(s)- see Pg#'31, 32 and copy of the appraisal was given to the borrower see Pg 31, 32,472 for the copy of the disclosure. The loan meets HPML guidelines" - Due Diligence Vendor-01/13/2025 |  | Resolved-The loan's (8.419%) APR equals or exceeds the Federal HPML threshold of (8.26%). 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 (6.76%).(12 CFR 1026.35(a)(1)(i)) 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#456 and the Final Closing disclosure on Pg#276. Rate lock date was entered correctly see Pg#'s 275 An interior and exterior appraisal was completed for this property – see pg 31, 32 the appraisal disclosure was provided to the borrower(s)- see Pg#'31, 32 and copy of the appraisal was given to the borrower see Pg 31, 32,472 for the copy of the disclosure. The loan meets HPML guidelines" - Due Diligence Vendor-01/13/2025<br>|  |  |  | CA | Primary Residence | Refinance | Cash Out - Other | 3189534 | N/A | N/A |
| 1995600 | XX | XX |  |  | Closed | 2025-01-29 17:42 | 2025-02-11 15:37 | Resolved | 1 - Information B A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided | Resolved-Document received, data acknowledged. - Due Diligence Vendor-02/11/2025 <br>Ready for Review-Document Uploaded. - Seller-02/11/2025 <br>Open-OT approval certificate not provided. Please confirm UW GL used - Due Diligence Vendor-01/29/2025 | Ready for Review-Document Uploaded. - Seller-02/11/2025<br>| Resolved-Document received, data acknowledged. - Due Diligence Vendor-02/11/2025<br>| XX |  |  | WA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 3307783 | N/A | N/A |
| 1995600 | XX | XX |  |  | Closed | 2025-01-29 06:47 | 2025-02-05 12:46 | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Evidence of Property Tax provided. - Due Diligence Vendor-02/05/2025 <br>Resolved-Evidence of Property Tax is present - Due Diligence Vendor-02/05/2025 <br>Ready for Review-Document Uploaded. - Seller-02/04/2025 <br>Open-Missing Evidence of Property Tax Property Tax Certificate is present in file however figures are incomplete. - Due Diligence Vendor-01/29/2025 | Ready for Review-Document Uploaded. - Seller-02/04/2025<br>| Resolved-Evidence of Property Tax provided. - Due Diligence Vendor-02/05/2025 <br>Resolved-Evidence of Property Tax is present - Due Diligence Vendor-02/05/2025<br>| XX |  |  | WA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 3303065 | N/A | N/A |
| 1995600 | XX | XX |  |  | Closed | 2025-01-29 07:28 | 2025-02-05 12:34 | 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-02/05/2025 <br>Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-02/05/2025 <br>Ready for Review-Document Uploaded. - Buyer-02/04/2025 <br>Open-Borrower 1 Gap Credit Report is Missing in file - Due Diligence Vendor-01/29/2025 |  | Resolved-Borrower 1 Gap Credit Report provided. - Due Diligence Vendor-02/05/2025 <br>Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-02/05/2025<br>| XX |  |  | WA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 3303174 | N/A | N/A |
| 1995600 | XX | XX |  |  | Closed | 2025-01-29 07:05 | 2025-02-05 12:32 | 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-02/05/2025 <br>Ready for Review-Document Uploaded. - Buyer-02/04/2025 <br>Open-Borrower 1 3rd Party VOE Prior to Close Missing Borrower 1 3rd Party VOE is missing in file. - Due Diligence Vendor-01/29/2025 |  | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-02/05/2025<br>| XX |  |  | WA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 3303123 | N/A | N/A |
| 1966404 | XX | XX |  |  | Closed | 2025-01-29 17:03 | 2025-02-03 15:19 | Resolved | 1 - Information C A | Credit | Credit | Missing subject rental income documentation | Resolved-Clarification, documents received. - Due Diligence Vendor-02/03/2025 <br>Ready for Review-Document Uploaded. 30 YR FIXED CASH FLOW ADVANTAGE - 5 YR PPP - Buyer-01/30/2025 <br>Open-Please provide documents to support 2 most recent consecutive rental payments - Due Diligence Vendor-01/29/2025 |  | Resolved-Clarification, documents received. - Due Diligence Vendor-02/03/2025<br>| XX |  |  | AZ | Investment | Refinance | Cash Out - Other | 3307109 | N/A | N/A |
| 1966403 | XX | XX |  |  | Closed | 2025-01-31 17:40 | 2025-02-14 14:45 | Resolved | 1 - Information C A | Credit | Credit | Hazard Insurance coverage does not include Business Interruption / Rent-Loss Coverage | Resolved-Received confirmation of 12 months rent loss, finding resolved - Due Diligence Vendor-02/14/2025 <br> Ready for Review-Document Uploaded. - Buyer-02/12/2025 <br> Counter-I apologize, the initial request was actually for the rent loss not being listed on the HOI policy. The policy states included but does not show verbiage of 6 months or the actual amount - Due Diligence Vendor-02/12/2025 <br> Ready for Review-Document Uploaded. - Buyer-02/10/2025 <br> Counter-Guidelines state "Compare the insurable value of the improvements as established by the property insurer", since this is the case we cannot use appraisal for replacement cost. - Due Diligence Vendor-02/06/2025 <br> Ready for Review-Please note XX Guidelines on pages 146 allows the use of the following utilizing the appraisal. <br> Oaktree's guidelines allow us to use the cost new if < loan amount.<br>Hazard insurance coverage should be in the amount of the lesser of: <br> 1. 100% of the insurable value of improvements, as established by the property insurer; or <br> 2. The unpaid principal balance of the mortgage (please see calculation for required coverage below) - Buyer-02/03/2025 <br> Open-Insufficient rent loss coverage listed - Due Diligence Vendor-01/31/2025 |  | Resolved-Received confirmation of 12 months rent loss, finding resolved - Due Diligence Vendor-02/14/2025<br>| XX |  |  | AZ | Investment | Refinance | Cash Out - Other | 3327710 | N/A | N/A |
| 1966402 | XX | XX |  |  | Closed | 2025-01-31 19:08 | 2025-02-06 15:09 | Waived | 2 - Non-Material C B | Credit | Credit | Missing subject rental income documentation | Waived-Exception made for missing 2 consecutive - Due Diligence Vendor-02/06/2025 <br>Ready for Review-Document Uploaded. - Buyer-02/04/2025 <br>Open-Missing most recent 2 consecutive months of rental payment - Due Diligence Vendor-01/31/2025 |  | Waived-Exception made for missing 2 consecutive - Due Diligence Vendor-02/06/2025<br>| XX |  | DSCR is 1.397. Minimum required per guidelines is 1.1.<br> LTV is 43.89%. Maximum allowed per guidelines is 75%.<br> Credit Score is 815. Minimum required per guidelines is 700. | CA | Investment | Refinance | Cash Out - Other | 3328804 | Originator Post-Close | Yes |
| 1966402 | XX | XX |  |  | Closed | 2025-01-31 19:07 | 2025-02-06 15:06 | Waived | 2 - Non-Material D B | Credit | Missing Doc | Missing Lease Agreement | Waived-Exception made for missing lease agreement - Due Diligence Vendor-02/06/2025 <br>Ready for Review-Document Uploaded. - Buyer-02/04/2025 <br>Open-Missing copy of lease agreement - Due Diligence Vendor-01/31/2025 |  | Waived-Exception made for missing lease agreement - Due Diligence Vendor-02/06/2025<br>| XX |  | DSCR is 1.397. Minimum required per guidelines is 1.1.<br> LTV is 43.89%. Maximum allowed per guidelines is 75%.<br> Credit Score is 815. Minimum required per guidelines is 700. | CA | Investment | Refinance | Cash Out - Other | 3328793 | Originator Post-Close | Yes |
| 1995590 | XX | XX |  |  | Closed | 2025-03-06 07:55 | 2025-03-12 14:05 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Received income calc sheet - Due Diligence Vendor-03/12/2025 <br>Ready for Review-Document Uploaded. - Buyer-03/10/2025 <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Missing Income Worksheet in file. - Due Diligence Vendor-03/06/2025 |  | Resolved-Received income calc sheet - Due Diligence Vendor-03/12/2025<br>| XX |  |  | CO | Primary Residence | Purchase | NA | 3540373 | N/A | N/A |
| 1988153 | XX | XX |  |  | Closed | 2025-03-09 22:31 | 2025-03-31 21:42 | Resolved | 1 - Information C A | Compliance | Fees:Limited | Kentucky - Maximum Fees (MLCBA) | Resolved-Updated Origination fee paid to broker, finding resolved - Due Diligence Vendor-03/31/2025 <br> Ready for Review-Document Uploaded. Per Margarita: Our doc program will not name who the origination fee goes to but it is broken out on our lenders instructions. See p.2 of instructions attached highlighted. - Buyer-03/27/2025 <br> Counter-Missing verbiage on CD showing origination fee being paid to broker - Due Diligence Vendor-03/27/2025 <br> Ready for Review-it looks like you are including the $2700 that goes to the broker. If this gets removed, we will be under the 6864 - Buyer-03/25/2025 <br> Ready for Review-Our complianceease shows we are passing all regulations - Buyer-03/25/2025 <br> Open-The Mortgage Loan Companies and Brokers Act limits "total net income" to each licensee to the greater of $2,000 or 4% of the "total loan amount." The total net income to the Lender for this loan is ($XX which exceeds the ($6,864.00) threshold by ($1,536.00). (Ky. Rev. Stat. 286.8-125) The Mortgage Loan Companies and Brokers Act limits "total net income" to each licensee to the greater of $2,000 or 4% of the "total loan amount." The total net income to the Lender for this loan is $XX which exceeds the $6,864.00 threshold by $1,536.00. - Due Diligence Vendor-03/09/2025 |  | Resolved-Updated Origination fee paid to broker, finding resolved - Due Diligence Vendor-03/31/2025<br>| XX |  |  | KY | Primary Residence | Refinance | Cash Out - Other | 3565583 | N/A | N/A |
| 1988153 | XX | XX |  |  | Closed | 2025-03-09 21:59 | 2025-03-12 17:55 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 75% exceeds Guideline LTV of 70% Exception made for 75% LTV - Due Diligence Vendor-03/09/2025 |  | Waived-Audited LTV of 75% exceeds Guideline LTV of 70% Exception made for 75% LTV - Due Diligence Vendor-03/09/2025<br>|  |  | 1. 9 years, 11 months with current employer<br> 2. Borrower(s) have 6.94 months Reserves. Minimum required per guidelines is 3 months. | KY | Primary Residence | Refinance | Cash Out - Other | 3565574 | Originator Pre-Close | Yes |
| 1988153 | XX | XX |  |  | Closed | 2025-03-09 22:31 | 2025-03-31 21:42 | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(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 #240 and the Final Closing disclosure on Pg #58 reflects escrows. Rate lock date was entered correctly – see Pg #54 An interior and exterior appraisal was completed for this property – see Pg #38-42, the appraisal disclosure was provided to the borrower(s)- see Pg #275 and copy of the appraisal was given to the borrower – see Pg #49for the copy of the disclosure. The loan meets HPML guidelines. - Due Diligence Vendor-03/31/2025 <br>Resolved-The loan's (8.445%) APR equals or exceeds the Federal HPML threshold of (8.37%). 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 (6.87%).(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 #240 and the Final Closing disclosure on Pg #58 reflects escrows. Rate lock date was entered correctly – see Pg #54 An interior and exterior appraisal was completed for this property – see Pg #38-42, the appraisal disclosure was provided to the borrower(s)- see Pg #275 and copy of the appraisal was given to the borrower – see Pg #49for the copy of the disclosure. The loan meets HPML guidelines. - Due Diligence Vendor-03/09/2025 |  | 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 #240 and the Final Closing disclosure on Pg #58 reflects escrows. Rate lock date was entered correctly – see Pg #54 An interior and exterior appraisal was completed for this property – see Pg #38-42, the appraisal disclosure was provided to the borrower(s)- see Pg #275 and copy of the appraisal was given to the borrower – see Pg #49for the copy of the disclosure. The loan meets HPML guidelines. - Due Diligence Vendor-03/31/2025 <br>Resolved-The loan's (8.445%) APR equals or exceeds the Federal HPML threshold of (8.37%). 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 (6.87%).(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 #240 and the Final Closing disclosure on Pg #58 reflects escrows. Rate lock date was entered correctly – see Pg #54 An interior and exterior appraisal was completed for this property – see Pg #38-42, the appraisal disclosure was provided to the borrower(s)- see Pg #275 and copy of the appraisal was given to the borrower – see Pg #49for the copy of the disclosure. The loan meets HPML guidelines. - Due Diligence Vendor-03/09/2025<br>|  |  |  | KY | Primary Residence | Refinance | Cash Out - Other | 3565584 | N/A | N/A |
| 1995596 | XX | XX |  |  | Closed | 2025-03-13 08:57 | 2025-03-20 17:36 | Waived | 2 - Non-Material C B | Property | Property | Ineligible Property | Waived-Exception made for unit being less than 600 sq feet - Due Diligence Vendor-03/20/2025 <br>Ready for Review-Document Uploaded. - Buyer-03/17/2025 <br>Open-As per Guidelines Property should be >600 Sq Ft but Loan has one of the Unit <600 Sq ft. - Due Diligence Vendor-03/13/2025 |  | Waived-Exception made for unit being less than 600 sq feet - Due Diligence Vendor-03/20/2025<br>| XX |  | DSCR is 1.351. Minimum required per guidelines is 1.<br> LTV is 75%. Maximum allowed per guidelines is 80%.<br> Borrower(s) have 75.09 months Reserves. Minimum required per guidelines is 3 months. | MI | Investment | Purchase | NA | 3599422 | Originator Post-Close | Yes |
| 1995591 | XX | XX |  |  | Closed | 2025-03-17 13:07 | 2025-03-19 14:04 | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Exception made for borrower not owning primary residence - Due Diligence Vendor-03/19/2025 <br>Ready for Review-Document Uploaded. - Seller-03/17/2025 <br>Open-Housing History Does Not Meet Guideline Requirements All borrowers must presently own their primary residence. This requirement may be waived if the borrower can clearly demonstrate that the subject property is rental in nature and inferior in size and quality to their primary residence - Due Diligence Vendor-03/17/2025 | Ready for Review-Document Uploaded. - Seller-03/17/2025<br>| Waived-Exception made for borrower not owning primary residence - Due Diligence Vendor-03/19/2025<br>| XX |  | DSCR is 2.38. Minimum required per guidelines is 1.<br> LTV is 18.87%. Maximum allowed per guidelines is 75%.<br> Credit Score is 660. Minimum required per guidelines is 807. | CA | Investment | Refinance | Cash Out - Other | 3624061 | Originator Post-Close | Yes |
| 1995591 | XX | XX |  |  | Closed | 2025-03-12 12:05 | 2025-03-18 08:25 | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Requested updated title policy provided with coverage amount that covers loan amount hence resolved. - Due Diligence Vendor-03/18/2025 <br> Resolved-Title Coverage Amount of $XX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-03/18/2025 <br> Ready for Review-Document Uploaded. - Buyer-03/17/2025 <br> Open-Title Coverage Amount of $0 is Less than Loan Amount - Due Diligence Vendor-03/12/2025 |  | Resolved-Requested updated title policy provided with coverage amount that covers loan amount hence resolved. - Due Diligence Vendor-03/18/2025 <br> Resolved-Title Coverage Amount of $XX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-03/18/2025 | XX |  |  | CA | Investment | Refinance | Cash Out - Other | 3589249 | N/A | N/A |
| 1995591 | XX | XX |  |  | Closed | 2025-03-12 14:02 | 2025-03-18 08:24 | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Requested Tax Cert Provided with Tax Amount that is matching to Final 1003 & 1008 hence resolved. - Due Diligence Vendor-03/18/2025 <br>Resolved-Evidence of Property Tax is present - Due Diligence Vendor-03/18/2025 <br>Ready for Review-Document Uploaded. - Buyer-03/17/2025 <br>Open-Missing Evidence of Property Tax Tax cert in file does not match property taxes listed 1003/1008 - Due Diligence Vendor-03/12/2025 |  | Resolved-Requested Tax Cert Provided with Tax Amount that is matching to Final 1003 & 1008 hence resolved. - Due Diligence Vendor-03/18/2025 <br>Resolved-Evidence of Property Tax is present - Due Diligence Vendor-03/18/2025<br>| XX |  |  | CA | Investment | Refinance | Cash Out - Other | 3590539 | N/A | N/A |
| 1995591 | XX | XX |  |  | Closed | 2025-03-12 12:16 | 2025-03-17 13:11 | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Loan does not conform to program guidelines Exception made on cost to cure exceeding $2,500 (currently xx) - Due Diligence Vendor-03/12/2025 |  | Waived-Loan does not conform to program guidelines Exception made on cost to cure exceeding $2,500 (currently xx) - Due Diligence Vendor-03/12/2025 |  |  | DSCR is 2.38. Minimum required per guidelines is 1.<br> LTV is 18.87%. Maximum allowed per guidelines is 75%.<br> Credit Score is 660. Minimum required per guidelines is 807. | CA | Investment | Refinance | Cash Out - Other | 3589365 | Originator Pre-Close | Yes |
| 1995592 | XX | XX |  |  | Closed | 2025-03-18 19:46 | 2025-03-24 15:37 | Waived | 2 - Non-Material C B | Credit | Eligibility | Trade line count does not meet program requirements | Waived- - Due Diligence Vendor-03/24/2025 <br>Ready for Review-Document Uploaded. - Buyer-03/20/2025 <br>Open-Borrower does not meet minimum tradeline requirements - Due Diligence Vendor-03/18/2025 |  |  | XX |  | DSCR is 2.064. Minimum required per guidelines is 1.<br> LTV is 35.89%. Maximum allowed per guidelines is 75%. | CA | Investment | Refinance | Cash Out - Other | 3640363 | Originator Post-Close | Yes |
| 1995592 | XX | XX |  |  | Closed | 2025-03-13 15:33 | 2025-03-24 15:32 | Resolved | 1 - Information C A | Credit | Credit | Property potentially affected by FEMA Disaster(s) INDIVIDUAL ASSISTANCE AREA | Resolved-Document received - Due Diligence Vendor-03/24/2025 <br> Ready for Review-Document Uploaded. - Buyer-03/20/2025 <br> Open-Property potentially affected by FEMA Disaster ID xx- Declared 01/08/2025 with an Incident End Date of 2025-01-31 with Public Assistance: YES and Individual Assistance: YES. Property inspection with exterior photos required. - Due Diligence Vendor-03/13/2025 |  | Resolved-Document received - Due Diligence Vendor-03/24/2025<br>| XX |  |  | CA | Investment | Refinance | Cash Out - Other | 3603475 | N/A | N/A |
| 1995592 | XX | XX |  |  | Closed | 2025-03-18 19:43 | 2025-03-20 18:05 | Resolved | 1 - Information D A | Compliance | Missing Doc | Final HUD-1 or Final Settlement Statement Document is Missing | Resolved-Final HUD-1 Document is Present or Not Applicable - Due Diligence Vendor-03/20/2025 <br>Ready for Review-Document Uploaded. - Buyer-03/19/2025 <br>Open-Please provide post close HUD - Due Diligence Vendor-03/18/2025 |  | Resolved-Final HUD-1 Document is Present or Not Applicable - Due Diligence Vendor-03/20/2025<br>| XX |  |  | CA | Investment | Refinance | Cash Out - Other | 3640323 | N/A | N/A |
| 1995593 | XX | XX |  |  | Closed | 2025-03-17 08:39 | 2025-03-26 08:38 | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Requested updated final Title Policy Provided with Updated coverage amount hence resolved. - Due Diligence Vendor-03/26/2025 <br> Resolved-Title Coverage Amount of $XX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-03/26/2025 <br> Ready for Review-Document Uploaded. - Buyer-03/25/2025 <br> Open-Title Coverage Amount of $0 is Less than Loan Amount - Due Diligence Vendor-03/17/2025 |  | Resolved-Requested updated final Title Policy Provided with Updated coverage amount hence resolved. - Due Diligence Vendor-03/26/2025 <br> Resolved-Title Coverage Amount of $XX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-03/26/2025 | XX |  |  | CA | Investment | Refinance | Cash Out - Other | 3622765 | N/A | N/A |
| 1995593 | XX | XX |  |  | Closed | 2025-03-17 09:51 | 2025-03-25 15:10 | Waived | 2 - Non-Material C B | Credit | Eligibility | Condo project is ineligible | Waived-Subject unit must have at least 600 square feet of living space, however Appraisal Gross Living Area showing xx square feet - Due Diligence Vendor-03/25/2025 <br> Ready for Review-Exception provided - Due Diligence Vendor-03/24/2025 <br> Ready for Review-Document Uploaded. - Buyer-03/21/2025 <br> Open-Subject unit must have at least 600 square feet of living space, however Appraisal Gross Living Area showing XX square feet. - Due Diligence Vendor-03/17/2025 |  | Waived-Subject unit must have at least 600 square feet of living space, however Appraisal Gross Living Area showing xx square feet - Due Diligence Vendor-03/25/2025 | XX |  | Credit Score is 725. Minimum required per guidelines is 680. <br> Borrower(s) have 12.99 months Reserves. Minimum required per guidelines is 6 months. Borrowers own funds <br> Investor experience is Heavy. Investor Experience required per guidelines is None. | CA | Investment | Refinance | Cash Out - Other | 3622963 | Originator Post-Close | Yes |
| 1995593 | XX | XX |  |  | Closed | 2025-03-19 17:16 | 2025-03-25 15:10 | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived- - Due Diligence Vendor-03/25/2025 <br>Ready for Review-Document Uploaded. - Seller-03/21/2025 <br>Open-Loan does not conform to program guidelines Borrower lives rent free according to LOX page 336 with cousin and subject property is < 25 miles (1 mile) from primary residence which are outside of GL. - Due Diligence Vendor-03/19/2025 | Ready for Review-Document Uploaded. - Seller-03/21/2025<br>|  | XX |  | Credit Score is 725. Minimum required per guidelines is 680. <br> Borrower(s) have 12.99 months Reserves. Minimum required per guidelines is 6 months. Borrowers own funds <br> Investor experience is Heavy. Investor Experience required per guidelines is None. | CA | Investment | Refinance | Cash Out - Other | 3648851 | Originator Post-Close | Yes |
| 1995593 | XX | XX |  |  | Closed | 2025-03-19 17:25 | 2025-03-25 15:09 | Waived | 2 - Non-Material C B | Credit | Assets | Cash Out Does Not Meet Guideline Requirements | Waived- - Due Diligence Vendor-03/25/2025 <br>Ready for Review-Document Uploaded. - Seller-03/21/2025 <br>Open-Cash Out is not completed according to the guideline requirements Borrower was not currently vested in the property until 03/04/2025. Transfer comes from a Trust. Less than 6 months seasoning - Due Diligence Vendor-03/19/2025 | Ready for Review-Document Uploaded. - Seller-03/21/2025<br>|  | XX |  | Credit Score is 725. Minimum required per guidelines is 680. <br> Borrower(s) have 12.99 months Reserves. Minimum required per guidelines is 6 months. Borrowers own funds <br> Investor experience is Heavy. Investor Experience required per guidelines is None.  | CA | Investment | Refinance | Cash Out - Other | 3649020 | Originator Post-Close | Yes |
| 1995593 | XX | XX |  |  | Closed | 2025-03-17 09:54 | 2025-03-20 18:17 | Resolved | 1 - Information C A | Credit | Credit | DSCR unknown | Resolved-Clarification received - Due Diligence Vendor-03/20/2025 <br>Ready for Review-DSCR = Market Rent $2600/ PITIA $2555.77 DSCR =1.01 - Buyer-03/19/2025 <br>Open-Verified DSCR is 1.017%, however Originator DSCR is 0.82%, Rents of $2,600 / PITI of $2,555.77 =1.017 DSCR. Please advise - Due Diligence Vendor-03/17/2025 |  | Resolved-Clarification received - Due Diligence Vendor-03/20/2025<br>|  |  |  | CA | Investment | Refinance | Cash Out - Other | 3622969 | N/A | N/A |
| 1996198 | XX | XX |  |  | Closed | 2025-03-21 06:12 | 2025-03-26 08:58 | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Final Title Policy uploaded, Title Coverage Amount of $XX is equal to Total Amount of Subject Lien(s), Verified & entered in system - Resolved<br> - Due Diligence Vendor-03/26/2025 <br> Resolved-Title Coverage Amount of $XX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-03/26/2025 <br> Ready for Review-Document Uploaded. - Buyer-03/25/2025 <br> Open-Title Coverage Amount of $0 is Less than Loan Amount Coverage amount missing in Title doc on Page # 476. Need supporting doc to reflect Coverage amount to meet Loan amount. - Due Diligence Vendor-03/21/2025 |  | Resolved-Final Title Policy uploaded, Title Coverage Amount of $XX is equal to Total Amount of Subject Lien(s), Verified & entered in system - Resolved<br> - Due Diligence Vendor-03/26/2025 <br> Resolved-Title Coverage Amount of $XX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-03/26/2025 | XX |  |  | CA | Investment | Purchase | NA | 3664840 | N/A | N/A |
| 1996196 | XX | XX |  |  | Closed | 2025-03-24 17:44 | 2025-04-03 23:01 | Resolved | 1 - Information C A | Credit | Credit | Borrower 1 spouse has not approved transaction | Resolved-Clarification received. - Due Diligence Vendor-04/03/2025 <br> Ready for Review-The deed is showing xx as a married man and xx signed off her interest in the property - Seller-04/01/2025 <br> Counter-Thank you for the upload. The spousal consent document is a state requirement. Please provide document. - Due Diligence Vendor-03/31/2025 <br> Ready for Review-Document Uploaded. Escrow officer advised due to the interspousal deed spousal consent is not required. - Buyer-03/27/2025 <br> Open-Please provide spousal consent. This is a state requirement and not dependent on the loan type, please let us know if you have clarification. - Due Diligence Vendor-03/24/2025 | Ready for Review-The deed is showing xx as a married man and xx signed off her interest in the property - Seller-04/01/2025 | Resolved-Clarification received. - Due Diligence Vendor-04/03/2025<br>| XX |  |  | CA | Primary Residence | Purchase | NA | 3681604 | N/A | N/A |
| 1996196 | XX | XX |  |  | Closed | 2025-03-24 17:40 | 2025-03-31 16:31 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Letter of Explanation (Assets) | Resolved-Document received - Due Diligence Vendor-03/31/2025 <br>Ready for Review-Document Uploaded. - Seller-03/27/2025 <br>Open-Borrower is receiving a gift of equity however HUD does not reflect amount gifted ($47,500 per HUD). Letter is for $62,000 page 421. Please advise - Due Diligence Vendor-03/24/2025 | Ready for Review-Document Uploaded. - Seller-03/27/2025<br>| Resolved-Document received - Due Diligence Vendor-03/31/2025<br>| XX |  |  | CA | Primary Residence | Purchase | NA | 3681569 | N/A | N/A |
| 1996196 | XX | XX |  |  | Closed | 2025-03-24 17:38 | 2025-03-27 14:27 | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Titanium Gift of Equity /Borrower contribution < 5% - Due Diligence Vendor-03/27/2025 <br>Ready for Review-Document Uploaded. - Buyer-03/25/2025 <br>Open-Loan does not conform to program guidelines Gift of equity provided however minimum borrower contribution is 0% - Due Diligence Vendor-03/24/2025 |  | Waived-Titanium Gift of Equity /Borrower contribution < 5% - Due Diligence Vendor-03/27/2025<br>| XX |  | Residual Income is $87627.65. Minimum Residual Income required per guidelines is $1500. <br> Self Employment is 20+ years. Employment required per guidelines is 2 years.  | CA | Primary Residence | Purchase | NA | 3681541 | Originator Post-Close | Yes |
| 1996196 | XX | XX |  |  | Closed | 2025-03-24 17:37 | 2025-03-27 14:19 | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Document received, data acknowledge - Due Diligence Vendor-03/27/2025 <br>Ready for Review-Document Uploaded. - Buyer-03/25/2025 <br>Open-Please provide payment history for the sellers mortgage as subject property is non-arms length transaction - Due Diligence Vendor-03/24/2025 |  | Resolved-Document received, data acknowledge - Due Diligence Vendor-03/27/2025<br>| XX |  |  | CA | Primary Residence | Purchase | NA | 3681525 | N/A | N/A |
| 1996196 | XX | XX |  |  | Closed | 2025-03-20 10:25 | 2025-03-25 10:13 | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Required Document Provided, Changes made in System, Finding Resolved - Due Diligence Vendor-03/25/2025 <br> Resolved-Title Coverage Amount of $xx is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-03/25/2025 <br> Ready for Review-Document Uploaded. - Seller-03/24/2025 <br> Open-Title Coverage Amount of $0 is Less than Loan Amount Title Coverage amount not reflecting in Title doc on page # 659. Need supporting doc on same. <br> - Due Diligence Vendor-03/20/2025 | Ready for Review-Document Uploaded. - Seller-03/24/2025<br>| Resolved-Required Document Provided, Changes made in System, Finding Resolved - Due Diligence Vendor-03/25/2025 <br> Resolved-Title Coverage Amount of $XX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-03/25/2025 | XX |  |  | CA | Primary Residence | Purchase | NA | 3654783 | N/A | N/A |
| 1996196 | XX | XX |  |  | Closed | 2025-03-20 12:27 | 2025-03-24 17:00 | Resolved | 1 - Information A | Compliance | HigherPriced:APR | California - Higher Priced Mortgage Loan (First Lien 06/2013)(Conforming) | Resolved-This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (8.499%) equals or exceeds the California HPML threshold of (8.37%). 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 (6.87%).(Cal. Fin. Code 4995(a); 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 450 and the Final Closing disclosure on Pg#'s 243 reflects escrows. Rate lock date was entered correctly – see Pg#'s 482 An interior and exterior appraisal was completed for this property – see pg 52-59, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 518, and copy of the appraisal was given to the borrower – see Pg#'s 518 for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-03/20/2025 |  | Resolved-This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (8.499%) equals or exceeds the California HPML threshold of (8.37%). 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 (6.87%).(Cal. Fin. Code 4995(a); 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 450 and the Final Closing disclosure on Pg#'s 243 reflects escrows. Rate lock date was entered correctly – see Pg#'s 482 An interior and exterior appraisal was completed for this property – see pg 52-59, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 518, and copy of the appraisal was given to the borrower – see Pg#'s 518 for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-03/20/2025<br>|  |  |  | CA | Primary Residence | Purchase | NA | 3655617 | N/A | N/A |
| 1996196 | XX | XX |  |  | Closed | 2025-03-20 12:27 | 2025-03-24 17:00 | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (8.499%) APR equals or exceeds the Federal HPML threshold of (8.37%). 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 (6.87%).(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 450 and the Final Closing disclosure on Pg#'s 243 reflects escrows. Rate lock date was entered correctly – see Pg#'s 482 An interior and exterior appraisal was completed for this property – see pg 52-59, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 518, and copy of the appraisal was given to the borrower – see Pg#'s 518 for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-03/20/2025 |  | Resolved-The loan's (8.499%) APR equals or exceeds the Federal HPML threshold of (8.37%). 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 (6.87%).(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 450 and the Final Closing disclosure on Pg#'s 243 reflects escrows. Rate lock date was entered correctly – see Pg#'s 482 An interior and exterior appraisal was completed for this property – see pg 52-59, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 518, and copy of the appraisal was given to the borrower – see Pg#'s 518 for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-03/20/2025<br>|  |  |  | CA | Primary Residence | Purchase | NA | 3655618 | N/A | N/A |
| 1996201 | XX | XX |  |  | Closed | 2025-03-21 04:07 | 2025-03-31 16:33 | Resolved | 1 - Information D A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-The Initial 1003 is Present - Due Diligence Vendor-03/31/2025 <br>Ready for Review-Document Uploaded. - Buyer-03/27/2025 <br>Open-The Initial 1003 is Missing Loan Officer Signature is missing in Initial 1003. - Due Diligence Vendor-03/21/2025 |  | Resolved-The Initial 1003 is Present - Due Diligence Vendor-03/31/2025<br>| XX |  |  | FL | Investment | Refinance | Cash Out - Other | 3664574 | N/A | N/A |
| 1996197 | XX | XX |  |  | Closed | 2025-03-25 14:27 | 2025-04-04 13:57 | Resolved | 1 - Information C A | Credit | Credit | Deficient Income Documentation | Resolved-Clarification of income received into bank account, finding resolved - Due Diligence Vendor-04/04/2025 <br>Ready for Review-The borrower is only getting 33% of the total business income that is being deposited into his personal bank account. - Buyer-04/02/2025 <br>Counter-Please clarify if the borrower is only getting 33% of the total income of the company so they can be qualified with 100% of the incoming funds. - Due Diligence Vendor-04/01/2025 <br>Ready for Review-The UW utilized PERSONAL bank statements to qualify the income 100% of the income is used. There is NO expense factor used on personal bank statements ONLY for business bank statements. - Buyer-03/28/2025 <br>Counter-Expense factor isn't the issue, the income was calculated based on 100% ownership but the borrower only owns 33.33% of the company. - Due Diligence Vendor-03/28/2025 <br>Ready for Review-Borrower is SE and had business bank statements that evidence he pays the business expenses out of this account.<br> The income account is personal funds, and no business expenses are being deducted out of this account. This is the reason why there is a 0% EF. - Buyer-03/25/2025 <br>Open-Company agreement document lists borrower owns 33.33% of company, income calculation lists borrower owning 100% of the company - Due Diligence Vendor-03/25/2025 |  | Resolved-Clarification of income received into bank account, finding resolved - Due Diligence Vendor-04/04/2025<br>|  |  |  | TX | Primary Residence | Purchase | NA | 3688559 | N/A | N/A |
| 1996197 | XX | XX |  |  | Closed | 2025-03-21 07:53 | 2025-04-04 13:55 | 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. - Due Diligence Vendor-03/27/2025 <br>Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-03/27/2025 <br>Ready for Review-Document Uploaded. - Buyer-03/26/2025 <br>Open-Borrower 1 3rd Party VOE Prior to Close Missing For self-employed borrowers, the existence of the business must be independently verified through a disinterested third <br> party within 30 calendar days of closing, missing from file - Due Diligence Vendor-03/21/2025 |  | Resolved-Requested 3rd Party VOE that is within the 10 Business days from closing provided. - Due Diligence Vendor-03/27/2025 <br>Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-03/27/2025<br>| XX |  |  | TX | Primary Residence | Purchase | NA | 3665140 | N/A | N/A |

---

## Exhibit 99.8

**Exhibit 99.8 Schedule 5**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan Id | **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 1952354 | XX |  |  | XX | Originator Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Not Stated Not Verified | Originator Doc type Confirmed and updated as per DSCR. |
| 1959601 | XX |  |  | XX | Loan Type | the1003Page | DSCR | Conventional | Loan type Confirmed and updated as per Loan approval form shows Loan is DSCR. |
| 1959601 | XX |  |  | XX | Property Value | propertyValuationPage | XX | XX | appraised value $XX |
| 1959601 | XX |  |  | XX | Property Type | propertyValuationPage | Single Family Attached | Single Family Detached | Property Type Confirmed and updated as per Appraisal doc shows SFA. |
| 1959614 | XX |  |  | XX | Originator QM Status | diligenceFinalLookPage | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | OriginatorQMStatus non-qm lender confirmed per approval certificate |
| 1959614 | XX |  |  | XX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 23.88 | 25.50 | All other monthly payments are not matching as all liabilities have been entered from gap credit report which resulting in DTI Discrepancy |
| 1995600 | XX |  |  | XX | Note Date | notePage | XX | XX | NoteDate 01/XX/2025 Confirmed |
| 1995600 | XX |  |  | XX | First Payment Date | notePage | XX | XX | FirstPaymentDate 03/XX/2025 Confimed |
| 1995600 | XX |  |  | XX | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 18.66 | 10.90 | HTI Confirmed, Tax certificate is updated. |
| 1995600 | XX |  |  | XX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 20.02 | 10.90 | DTI Confirmed, Tax certificate confirmed |
| 1966404 | XX |  |  | XX | Loan Type | the1003Page | DSCR | Conventional | Loan Type Confirmed and updated as per Loan approval doc on Page # 415 shows Loan is DSCR. |
| 1966403 | XX |  |  | XX | Originator Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Not Stated Not Verified | Confirmed originator Doc type is DSCR. |
| 1966402 | XX |  |  | XX | Originator Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Not Stated Not Verified | Confirmed Originator Doc type is DSCR. |
| 1995590 | XX |  |  | XX | Originator QM Status | diligenceFinalLookPage | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | Originator QM Status confirmed and updated as per Primary Residency. |
| 1988153 | XX |  |  | XX | Originator QM Status | diligenceFinalLookPage | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | Confirmed Originator QM Status is Non-QM: Lender documented all ATR UW factors |
| 1995597 | XX |  |  | XX | Loan Type | the1003Page | DSCR | Conventional | Loan Type is DSCR per approval certificate |
| 1995596 | XX |  |  | XX | Originator Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Not Stated Not Verified | Originator Doc type confirmed and updated as per DSCR. |
| 1995591 | XX |  |  | XX | Originator Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Not Stated Not Verified | Originator Dscr Confirmed |
| 1995592 | XX |  |  | XX | Loan Type | the1003Page | DSCR | Conventional | Loan Type confirmed and updated as per Loan Approval doc. |
| 1995593 | XX |  |  | XX | Loan Type | the1003Page | DSCR | Conventional | Confirmed Loan type is DSCR per approval certificate |
| 1995593 | XX |  |  | XX | Note Date | notePage | XX | XX | Confirmed the Note date is 03/XX/2025 as per Note. |
| 1995594 | XX |  |  | XX | Originator Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Not Stated Not Verified | Originator Doc Type is DSCR. |
| 1996198 | XX |  |  | XX | Originator Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Not Stated Not Verified | Originator Doc type considered as per DSCR. |
| 1996196 | XX |  |  | XX | Originator QM Status | diligenceFinalLookPage | Non-QM: Lender documented all ATR UW factors | Eligible | Loan is Primary residency so considered as Non-QM ATR |
| 1996201 | XX |  |  | XX | Loan Type | the1003Page | DSCR | Conventional | LoanType Dscr Confirmed |
| 1996201 | XX |  |  | XX | Mortgage Origination Channel | the1003Page | Retail | Wholesale | Originator and lender confirmed as the same |
| 1996197 | XX |  |  | XX | Originator QM Status | diligenceFinalLookPage | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | QM Status updated as per Primary Residency Loan. |

---